# Bull Waves vs NYS Markets

> NYS Markets is the cheaper route to a $100,000 funded account at $498 against $549 for Bull Waves — a difference of $51. Across 8 directly comparable measures, Bull Waves leads on 2 and NYS Markets on 4.

**Source:** https://propfirmpal.com/compare/bull-waves-vs-nys-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 | NYS Markets |
| --- | --- | --- |
| Evaluation cost to a $100,000 account | $549 | $498 |
| Cheapest evaluation cost per $1,000 funded | $5.00 | $4.92 |
| Cheapest evaluation entry price | $59 | $58 |
| Evaluation types offered | 1-step, 2-step | 2-step, instant, 1-step |
| Maximum advertised profit split | Not published | 85% |
| Phase 1 profit target | 8% | 6% |
| Account sizes sold | $5,000, $10,000, $25,000, $50,000, $100,000 +2 more | $10,000, $20,000, $50,000, $100,000, $150,000 +1 more |
| 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, once the payout conditions are met |
| Payout methods | Bank wire, USDT-ERC20 | USDT or USDC on TRC-20 or ERC-20 (Crypto Instant Funded) |
| Payment methods accepted | Credit/debit card, Cryptocurrency | Card, Crypto, Apple Pay, Google Pay +1 more |
| Trading platforms | MT5 | MT5 |
| Instruments | Not published | CFDs, Futures, Stocks, Crypto |
| Maximum forex leverage | Not published | Not published |
| Community rating | No reviews yet | 4.3/5 (3) |
| Founded | Not published | Not published |
| Company location | Saint Vincent & the Grenadines (place of incorporation) | Saint Lucia (registered office) |
| Prop Firm Pal verification | Sourced, not verified | Sourced, not verified |

## Frequently asked questions

### Is Bull Waves or NYS Markets cheaper?

NYS Markets is cheaper for an evaluation to a $100,000 funded account at $498, against $549 for Bull Waves. Entry prices differ too — Bull Waves starts at $59 and NYS Markets at $58 — 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 NYS Markets?

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

### What platforms do Bull Waves and NYS Markets support?

Bull Waves supports MT5. NYS Markets supports MT5.

### Which is rated higher by traders, Bull Waves or NYS Markets?

Bull Waves scores no reviews yet and NYS Markets scores 4.3/5 from 3 reviews on Prop Firm Pal. Review scores are trader-submitted and are independent of any commercial relationship.

### Should I choose Bull Waves or NYS Markets?

On the 8 directly comparable measures on this page, Bull Waves leads on 2 and NYS Markets on 4, with 2 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)
- [NYS Markets](https://propfirmpal.com/firms/unverified/nys-markets)
- [Every prop firm comparison](https://propfirmpal.com/compare)