Bulenox review: fees, rules and all-in cost

Is Bulenox the right choice?

Bulenox softens the difficulty without reversing it. During the evaluation the drawdown is intraday trailing: the loss threshold resets onto the highest point your equity reaches, including on unrealised profit you never banked. Once the Master Account is activated the mechanism does not change nature — it stops. The threshold keeps following your gains, then freezes for good once it reaches the starting balance plus one hundred dollars. So this is not a static drawdown from day one, but a trailing drawdown with a ceiling: until that ceiling is reached, every new high still costs you room.

The billing structure follows the same inverted logic. The evaluation is a subscription renewed every 30 days until cancelled: your bill depends on the number of cycles, not on the price on the tile. Activation of the Master Account, by contrast, is paid once only and includes the data feed and maintenance, so the funded account then carries no recurring charge at all. That is the opposite of the most widespread pattern, where the evaluation is cheap and the funded account drags monthly fees along for months.

On the publication of prices there is next to nothing to hold against it: the line items announced carry a public amount and no page of the site contradicts another. One exception, on three lines of the Qualification range: the activation amount is not published there, so the total for those lines is shown as a floor rather than as a firm amount. What the transparency score withholds from it is not about price but about the rules — first among them the trailing drawdown during the evaluation, which remains the costliest constraint of this plan.

Strengths

• Every fee announced carries a published amount and no page of the site contradicts another: on pricing disclosure, Bulenox hides nothing. The “≥” on this page therefore comes from us, not from the firm — our record carries no reset line on 22 of its 24 plans, and a total with a line missing is a minimum, not a price.
• Activation of the funded account is a one-off payment covering the data feed and maintenance, so nothing is charged every month once you are trading the Master Account.
• The funded drawdown stops trailing once the starting balance plus one hundred dollars is reached: the constraint has an end that is fixed and known in advance, where a trailing drawdown with no ceiling renews it indefinitely.
• The payout split is published and the payout model is recorded as scaling: the two parameters that decide what you actually bank are known before you buy.
• The Option 1 plan costed here imposes no daily loss limit, so no administrative threshold closes your day out on a single bad session.

Watch out for

• The evaluation's trailing drawdown follows unrealised profit: a gain you let fall back to zero has permanently consumed your room, without any profit having been banked.
• The evaluation is a subscription renewed every 30 days until cancelled: nothing bounds the bill, and an evaluation that drags on quickly overtakes a one-off payment that was dearer to begin with.
• The reset is only free on the billing date, which leaves a choice between paying for an immediate reset and waiting out the end of a cycle you have already paid for without trading.
• A conditional monthly fee applies as soon as you connect through a third-party API — copier, algorithm, bot — and it runs during the evaluation as well as once funded, so the real cost for an automated trader is not the one advertised.
• The data feed is only free for retail traders: a trader classified as “professional” with Rithmic pays for it every month, during the evaluation as well as once funded, and that line item enters none of the totals shown here.

Who it suits

This model suits the discretionary manual trader who already knows how to hold a trailing drawdown and who intends to pass quickly: the subscription is the right plan when the evaluation fits into one or two cycles, and the structure turns frankly favourable afterwards, since the funded account no longer costs anything every month. It suits three profiles poorly. The one still learning, who will run cycle after cycle, because a subscription mechanically turns time into an invoice. The one who trades through a copier, an algorithm or a bot, because a conditional monthly fee is then added on both sides, evaluation included. And the one who needs to read their risk at the end of the day rather than continuously: for them Bulenox does offer an Option 2 “EOD Account” at the same size, but it is not the plan costed here and it reintroduces a daily loss limit in exchange for the scaling. In every case, put your own evaluation duration into the all-in cost calculator before comparing on the headline price: on a subscription, it is duration that decides the ranking.

What are the trading rules at Bulenox?

The breaking point is the drawdown. During the evaluation it is intraday trailing: the loss threshold resets onto the highest point of your equity, unrealised profit included. An account that rises during the session then comes back to where it started has lost that much room, with nothing in return and no way back. On the Master Account the firm applies the same trailing rules, with one exception, and it is decisive: the threshold stops for good as soon as it reaches the starting balance plus one hundred dollars. The funded phase should therefore be read as trailing for a limited time rather than as a fixed threshold: the constraint is the same as during the evaluation until that mark is passed, and it disappears afterwards.

The evaluation is paid for by subscription, renewed every 30 days until cancelled, and that is where the advertised price stops meaning very much: what you will pay depends on the number of cycles the evaluation takes you. The reset rule amplifies that effect rather than damping it. A reset on demand costs money; it is only free on the billing date, which means a breach occurring early in a cycle leaves you two equally expensive options — buy a reset straight away, or wait for the next due date without trading an account you have already paid for. On a subscription, idle time is a cost, even when the “reset” line reads zero.

Activation works the other way round and deserves to be read as a structural advantage. It is paid once on the move to the Master Account and covers the data feed as well as maintenance: this is the “one-off” model described on our dedicated page, the most predictable of the three, since adding it to the cost of the evaluation is enough to know the total. Two corollaries, often overlooked. The current promo code applies to the evaluation only and only at this account size: it reduces neither the activation nor a reset. And it is a discount of a fixed amount, not a percentage, applied to a monthly rate — so the only question that matters is whether it holds at the second charge, to be checked at renewal. With no end date announced, it can also disappear without notice.

That leaves two fees that enter no total by default, and rightly so: they are conditional. The data feed is billed only to traders classified as “professional” with Rithmic; for a non-professional retail trader it is included and costs nothing. If you trade through a company, check which side you fall on, because that line item runs during the evaluation as well as once funded. The second targets connection through a third-party API — trade copiers, algorithms, bots — and does not concern manual trading, but it is monthly and likewise active in both phases. Two traders on the same account therefore do not get the same bill, and the gap widens with every cycle. The comparison shows them without adding them in; it is up to you to fold them back in if the way you trade triggers them.

"Not checked" means this comparison did not verify the point on the pass of August 16, 2026 — not that the firm hides it. Gaps that are the firm's own doing are listed separately below.

How much is the Bulenox activation fee?

Activation fee at Bulenox: the firm charges $148 (one-off) on 2 plans; states the item is free on 16 plans; does not publish the amount on 6 plans. Recorded August 18, 2026.

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How much does a reset cost at Bulenox?

Reset fee at Bulenox: the firm charges $78 (per reset) on 2 plans. Recorded August 16, 2026. 22 of 24 plans carry no line for this item in our record: that silence is ours, not the firm's.

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Does Bulenox charge monthly or data fees?

In evaluation, Bulenox bills a single payment: from $94 to $788 — nothing repeats while the evaluation runs. Data and monthly fees: the firm offers from $100 to $116 (per month) as an option on 24 plans. 48 fee lines are conditional and enter no total on this site. Recorded August 18, 2026.

Lines marked "optional" are real fees but conditional — they fall due only if the stated condition applies to you. Their amount is shown in brackets and enters no total on this site: neither the cost to first payout above, nor the calculator. Adding them would inflate the invoice for the majority of traders, who never pay them.

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How does the Bulenox drawdown work?

The Bulenox drawdown is TRAIL / EOD depending on the plan in evaluation, and TRAIL on the funded path we model — the mode is picked plan by plan at this firm. Maximum threshold: from $1,000 to $5,500, depending on account size. 13 of 24 plans impose no daily loss limit. From the pass of August 16, 2026.

"Not checked" means this comparison did not verify the point on the pass of August 16, 2026 — not that the firm hides it. Gaps that are the firm's own doing are listed separately below.

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What is the Bulenox consistency rule?

In evaluation, Bulenox states no consistency rule. On the funded account, the consistency rule is 40%. The maths: best day divided by total profit, kept at or below the stated rate. From the pass of August 16, 2026.

"Not checked" means this comparison did not verify the point on the pass of August 16, 2026 — not that the firm hides it. Gaps that are the firm's own doing are listed separately below.

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What are Bulenox's payout rules?

Payouts at Bulenox: split 90/10, payouts under a scaling cap, minimum withdrawal $1,000, first payout after 10 trading days. From the pass of August 16, 2026.

"Not checked" means this comparison did not verify the point on the pass of August 16, 2026 — not that the firm hides it. Gaps that are the firm's own doing are listed separately below.

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What does Bulenox cost to first payout?

The price a prop firm advertises covers the evaluation alone. The table below adds activation, resets and recurring fees on a realistic scenario.

The 22 totals marked “≥” are FLOORS, not prices: this firm withholds an amount on some plans, and on others it is we who have not recorded it, so the real bill is higher by that much.

Reference scenario, the same for every firm on this site: 2 months in evaluation, 1 reset, 1 funded month, before any promo code. Change the scenario →

What are Bulenox's prices, tier by tier?

Bulenox publishes 24 evaluation plans across 4 account sizes — from $94 to $788 (one-off). Recorded August 18, 2026.

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Is there a promo code for Bulenox right now?

Disclosure. No affiliate partnership is in place today: no link on this site is paid for. Every outbound page says so firm by firm, and this notice will change the day that stops being true. The code above and the price you pay are identical whether you go through this site or not.

Compare Bulenox with the others

The ranking depends entirely on the scenario: a subscription firm wins on a short evaluation and loses on a long one. Compare on your own assumptions rather than on the headline price.

Run my own scenario See it in the comparison Bulenox official site →

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