Head-to-head comparison · 2026
Apex Trader Funding vs Bulenox
Side-by-side on the metrics that actually matter: true cost to funded, drawdown type, profit split and payout speed.
Market
Futures
Futures
Founded
2021
2022
Total cost to funded
$328
Best$323
Eval cost
$249
$175
Activation fee
$79
$148
Pricing model
Monthly sub
Monthly sub
Challenge type
1-Step
1-Step
Drawdown type
Trailing
EOD
Max profit split
90%
90%
First profit
First $25K is 100%
First $10K is 100%, then 90%
Payout speed
Weekly
Weekly (Wednesdays)
Max account
$300K
Best$2.8M
Consistency rule
30% rule
40% rule
News trading
Restricted
Allowed
Platforms
RithmicNinjaTraderTradingViewTradovate
TradingViewQuantowerTradovateSierra ChartNinjaTrader
Strengths & watch-outs
Apex Trader Funding
Strengths
- Keep 100% of first $25K
- Run up to 20 accounts
- Huge review volume
Watch-outs
- Monthly sub + activation = double cost
- Intraday trailing drawdown
- Slower payouts
Bulenox
Strengths
- Scale to $2.75M across 11 master accounts
- Dual-option drawdown: choose trailing or EOD at signup
- First $10K profits at 100% split
Watch-outs
- Weekly Wednesday-only payouts, less flexible
- 40% consistency rule can deny payouts after big days
- Subscription model, costs mount on slow passes
🐨 PropKoala verdict
Bulenox is cheaper to get funded at $323 total. Apex Trader Funding offers a higher max split at 90%. Bulenox has the more forgiving EOD drawdown, giving you more room to trade.
This verdict is generated from our verified data. Always check each firm's current terms before purchasing.
Figures are list prices for the 50K account, last updated Sep 2026. Verify all details directly with each firm before purchasing. PropKoala may earn affiliate commissions. Trading involves substantial risk.