Bulenox

Bulenox is a futures prop firm, run by Bulenox LLC from a Wilmington, Delaware address, that sells three paths to a payout. The Qualification Account leads to a Master Account and later a Funded Account; Fast Track skips the qualification stage for a one-time fee; and with Momentum one payment covers both the evaluation and the Momentum Master account. Account sizes run from $25,000 to $150,000 on the four CME Group exchanges (CME, CBOT, NYMEX and COMEX), with Rithmic's R | Trader Pro as the connection. Bulenox advertises news trading with no blackout windows, no minimum trading days to pass the Qualification Account, no background check at registration, and 100% of the first $10,000 in payouts.

Every Bulenox account is bought with one of two drawdown options, locked for the life of the account. Option 1 is a trailing drawdown tracked in real time, open positions and commissions included. Option 2 is an end-of-day (EOD) drawdown with a daily loss limit that pauses trading for the day instead of closing the account. On a $50,000 Fast Track or Momentum account the drawdown is $2,250 either way, and Option 2 adds a $1,200 daily loss limit and cuts the contract limit from 7 minis to 4. On Fast Track the drawdown stops for good at the starting balance plus $100. Momentum profit targets run from $1,500 to $9,000, and Momentum lists a 35% consistency rule among its payout rules. The Qualification Account rules prohibit holding positions overnight, with every position closed by 3:59 PM CT, and a trader can hold up to five Master-level accounts at once.

Fast Track costs $338 to $788 and Momentum $94 to $358, depending on size, with no activation fee on either. Traders who declare professional status on the Rithmic agreement pay $116 a month for exchange data, and a trade copier or third-party API connection costs $100 a month. Bulenox advertises daily payouts on Fast Track and Momentum, processed the same day. Its Terms of Use state that all sales are final and no refunds are issued.