Apex Trader Funding vs Bulenox: Compared Rule by Rule for 2026
Apex and Bulenox both dominate the one-time-fee futures category, both accept Rithmic and Tradovate, and both allow aggressive multi-account setups. The difference is in how each firm handles its drawdown lock and payout eligibility.
At 100K: Apex Trader Funding from $59, Bulenox from $215.
Side-by-side comparison
| Rule | Apex Trader Funding | Bulenox |
|---|---|---|
| Markets | Futures (CME) | Futures (CME, NYMEX, COMEX, CBOT) |
| Watchlist | on watchlist | No |
| Evaluation | 1-Step | 1-Step (Qualification, Fast Track, Momentum) |
| Account sizes | $25K, $50K, $100K, $150K | $25K, $50K, $100K, $150K |
| Fee (100K) | $59 | $215 |
| Profit split | 100% | 90 to 100% |
| Max drawdown (100K) | $3,000 | $3,000 |
| Drawdown type | Intraday trailing | End-of-day trailing |
| Daily loss (100K) | n/a | $2,200 |
| Consistency rule | n/a | n/a |
| Min trading days | 1 | 0 |
| First payout | 5 days | 10 days |
| News trading | Allowed | Allowed |
| EAs / bots | Allowed | Allowed (18+ platforms) |
| Weekend holding | Not allowed | Not allowed |
| US traders | Yes | Yes |
| Trustpilot | Trustpilot profile |
Verdict
Pick Apex for the deepest payout history and largest active community. Pick Bulenox if its end-of-day drawdown variant and slightly lower activation friction better match your style.
Heads up: Apex Trader Funding has announced model changes in the past 90 days. We re-audit watchlisted firms every 7 days; double-check the live rules page before purchasing.
Apex Trader Funding strengths
Flat profit split, one-time eval fee, large funded account base, simplified rule set
Apex Trader Funding weaknesses
Trailing drawdown, capped payouts per PA, monthly PA fee, ongoing Riot v. Apex litigation
Bulenox strengths
Wide platform selection, generous trailing drawdown, path to real capital
Bulenox weaknesses
Monthly subscription, activation fee, minimum withdrawal requirement, consistency rule