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Apex Trader Funding vs Bulenox

Side-by-side rules from each firm's official site. Apex Trader Funding: 11/21 verified, Bulenox: 8/21 verified.

Quick answer

Best for
Futures traders who want no activation fee option
Price
Not verified
Key rule
$1,000 / $2,000 / $3,000 / $4,000; choose intraday trailing (real-time,…
Verdict
11/21 rules verified at source; watch: trailing/dynamic drawdown

Quick answer

Best for
Futures traders who want end-of-day drawdown (not intraday)
Price
Not verified
Key rule
Option 1: real-time trailing (incl. open positions); Option 2: EOD drawdown…
Verdict
8/21 rules verified at source; watch: trailing/dynamic drawdown
Rule-by-ruleApex Trader Funding reviewBulenox review

At a glance

Price
Not verified
Target
$1,500 / $3,000 / $6,000 / $9,000
Drawdown
$1,000 / $2,000 / $3,000 / $4,000; choose…
Split
100% of requested rewards in Sim…

11/21 rules verified from official sources

Read verified review

Bulenox

Futures
Price
Not verified
Target
Not verified
Drawdown
Option 1: real-time trailing (incl. open…
Split
Up to 90%; first $10,000 of…

8/21 rules verified from official sources

Read verified review

Rule-by-rule

RuleApex Trader FundingBulenox
ProgramEvaluation (Intraday or EOD drawdown)Qualification → Master account
Account sizes25K, 50K, 100K, 150K ✓ VerifiedUp to $150,000 ✓ Verified
PriceNot verifiedNot verified
Activation feeChoice of Standard (activation fee after passing) or No Activation Fee plans; one-time fees, no recurring billing (new products) ✓ VerifiedNot verified
Profit target$1,500 / $3,000 / $6,000 / $9,000 ✓ VerifiedNot verified
Daily loss limitEOD accounts: $500 / $1,000 / $1,500 / $2,000 daily loss limit; intraday accounts: none ✓ VerifiedOnly on EOD option: daily loss limit pauses trading for the day ✓ Verified
Max drawdown$1,000 / $2,000 / $3,000 / $4,000; choose intraday trailing (real-time, follows peak balance) or end-of-day ✓ VerifiedOption 1: real-time trailing (incl. open positions); Option 2: EOD drawdown with daily loss limit + scaling ✓ Verified
Consistency ruleNot applied in evaluation ✓ VerifiedNot verified
Minimum trading daysNone; can pass in one day ✓ VerifiedNo minimum trading days ✓ Verified
Time limit30 calendar days ✓ VerifiedNot verified
Profit split100% of requested rewards in Sim Funded (new products, post Mar 1 2026) ✓ VerifiedUp to 90%; first $10,000 of payouts 100% ✓ Verified
Payout frequencyEvery 5 trading days ✓ VerifiedPayouts every day ✓ Verified
Fee refundNot verifiedNot verified
PlatformsNot verifiedR | Trader Pro required, plus a preferred additional platform ✓ Verified
Restricted countries~85 countries incl. China, Nigeria, Pakistan, Turkey, Vietnam, Russia, Ukraine, Saudi Arabia, South Africa, Kenya, Egypt (full list at source) ✓ VerifiedNot verified
News tradingNot verifiedAllowed, no blackout windows ✓ Verified
EAs / botsNot verifiedNot verified
Crypto pairsNot verifiedNot verified
Crypto leverageNot verifiedNot verified
Payout currencyNot verifiedNot verified
Crypto CFDs offeredNot verifiedNot verified
OwnershipNot verifiedNot verified

We don't pick a “winner”. The right firm depends on your style. Check drawdown type and consistency rules first; they end the most evaluations.

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