# Bull Waves vs Vest Markets

> Bull Waves and Vest Markets compared on cost, risk rules, payouts and platforms. Bull Waves uses trailing maximum drawdown and Vest Markets uses static. Across 7 directly comparable measures in Prop Firm Pal's like-for-like data, Bull Waves leads on 4 and Vest Markets on 1.

**Source:** https://propfirmpal.com/compare/bull-waves-vs-vest-markets  
**Generated:** 2026-11-10  
**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._

---

## Side by side

| Measure | Bull Waves | Vest Markets |
| --- | --- | --- |
| Evaluation cost to a $100,000 account | $549 | Not published |
| Cheapest evaluation cost per $1,000 funded | $5.00 | $11.00 |
| Cheapest evaluation entry price | $59 | $60 |
| Evaluation types offered | 1-step, 2-step | 1-step |
| Maximum advertised profit split | Not published | 90% |
| Phase 1 profit target | 8% | 10% |
| Account sizes sold | $5,000, $10,000, $25,000, $50,000, $100,000 +2 more | $5,000, $10,000, $25,000 |
| Daily drawdown limit | 4% | 4% |
| Maximum drawdown limit | 8% | 6% |
| Maximum drawdown style | Trailing | Static |
| 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, with no minimum period between withdrawals |
| Payout methods | Bank wire, USDT-ERC20 | USDC to an external wallet |
| Payment methods accepted | Credit/debit card, Cryptocurrency | Not published |
| Trading platforms | MT5 | Vest Markets |
| Instruments | Not published | Perpetual futures |
| 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) | Not published |
| Prop Firm Pal verification | Sourced, not verified | Sourced, not verified |

## Frequently asked questions

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

Daily drawdown is 4% at Bull Waves and 4% at Vest Markets. Maximum drawdown is 8% and 6% respectively. Bull Waves uses a trailing maximum drawdown while Vest Markets uses a static one - a trailing limit follows your peak balance and is materially harder to trade around than a static one fixed to your starting balance.

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

Bull Waves supports MT5. Vest Markets supports Vest Markets.

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

On the 7 directly comparable measures on this page, Bull Waves leads on 4 and Vest Markets on 1, 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)
- [Vest Markets](https://propfirmpal.com/firms/unverified/vest-markets)
- [Every prop firm comparison](https://propfirmpal.com/compare)
