# Bull Waves vs Funded Trader Markets

> Bull Waves is the cheaper route to a $100,000 funded account at $549 against $622 for Funded Trader Markets — a difference of $73. Across 8 directly comparable measures, Bull Waves leads on 5 and Funded Trader Markets on 0.

**Source:** https://propfirmpal.com/compare/bull-waves-vs-funded-trader-markets  
**Generated:** 2026-09-24  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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## Side by side

| Measure | Bull Waves | Funded Trader Markets |
| --- | --- | --- |
| Evaluation cost to a $100,000 account | $549 | $622 |
| Cheapest evaluation cost per $1,000 funded | $5.00 | $6.22 |
| Cheapest evaluation entry price | $59 | $622 |
| Instant funding to $100,000 | Not offered | $600 |
| Evaluation types offered | 1-step, 2-step | 1-step, 2-step, instant |
| Maximum advertised profit split | Not published | 90% |
| Phase 1 profit target | 8% | 8% |
| Account sizes sold | $5,000, $10,000, $25,000, $50,000, $100,000 +2 more | $100,000 |
| Daily drawdown limit | 4% | 3% |
| Maximum drawdown limit | 8% | 3% |
| Maximum drawdown style | Trailing | Trailing |
| Drawdown measured on | Not published | Not published |
| Payout frequency | Every 15 calendar days; the first payout becomes eligible 15 calendar days after the first trade | On demand |
| Payout methods | Bank wire, USDT-ERC20 | Rise (crypto or bank transfer), USDT (TRC20) |
| Payment methods accepted | Credit/debit card, Cryptocurrency | Credit card, Debit card, Cryptocurrency |
| Trading platforms | MT5 | cTrader, Trade Locker, MatchTrader, MT5 |
| Instruments | Not published | Forex, Commodities, Indices, Crypto |
| Maximum forex leverage | Not published | Not published |
| Community rating | No reviews yet | No reviews yet |
| Founded | Not published | Not published |
| Company location | Saint Vincent & the Grenadines (place of incorporation) | Cyprus |
| Prop Firm Pal verification | Sourced, not verified | Sourced, not verified |

## Frequently asked questions

### Is Bull Waves or Funded Trader Markets cheaper?

Bull Waves is cheaper for an evaluation to a $100,000 funded account at $549, against $622 for Funded Trader Markets. Entry prices differ too — Bull Waves starts at $59 and Funded Trader Markets at $622 — but those are for different account sizes, so they are not a like-for-like comparison.

### What is the difference in drawdown rules between Bull Waves and Funded Trader Markets?

Daily drawdown is 4% at Bull Waves and 3% at Funded Trader Markets. Maximum drawdown is 8% and 3% respectively. Both use a trailing maximum drawdown.

### What platforms do Bull Waves and Funded Trader Markets support?

Bull Waves supports MT5. Funded Trader Markets supports cTrader, Trade Locker, MatchTrader, MT5.

### Should I choose Bull Waves or Funded Trader Markets?

On the 8 directly comparable measures on this page, Bull Waves leads on 5 and Funded Trader Markets on 0, with 3 tied. Which of those measures matters depends on how you trade: cost matters most if you expect to need several attempts, drawdown style matters most if you hold positions overnight, and payout terms matter most once you are funded. Prop Firm Pal does not recommend one firm over another, and earns affiliate commission from some listed firms.

## Related pages

- [Bull Waves](https://propfirmpal.com/firms/unverified/bull-waves)
- [Funded Trader Markets](https://propfirmpal.com/firms/unverified/funded-trader-markets)
- [Every prop firm comparison](https://propfirmpal.com/compare)