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.
Quick verdict
- Bulenox is $195 cheaper to get funded on a 50K account ($143 vs $338, activation fees included).
- Bulenox uses end-of-day drawdown, which is more forgiving than Apex Trader Funding's intraday trailing drawdown. Open profit that you give back doesn't count against you.
- Bulenox pays out faster (processed same day vs every 5 trading days).
- Bulenox allows trading during news. Apex Trader Funding restricts it.
Market
Futures
Futures
Founded
2021
2022
Total cost to funded
$338
Best$143
Eval cost
$249
$143
Activation fee
$89
-
Pricing model
One-time
One-time
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
Every 5 trading days
Processed same day
Max account
$300K
Best$2.8M
Consistency rule
50% on funded (PA)
40% rule
News trading
Restricted
Allowed
Platforms
RithmicNinjaTraderTradingViewTradovate
QuantowerSierra ChartNinjaTrader
Strengths & watch-outs
Apex Trader Funding
Strengths
- Almost always on a big discount, often 80 to 90% off
- One-time fee, can pass in 1 day
- Up to 20 funded accounts at once
Watch-outs
- Intraday trailing drawdown on evaluation and funded
- No resets: a failed eval means buying a new one
- 50% consistency rule and a daily loss limit once funded
Bulenox
Strengths
- One-time fee, no activation fee on the EOD plan
- First $10K of profit is 100% yours
- No minimum trading days, payouts processed the same day
Watch-outs
- $1,200 daily loss limit on a 50K
- Evaluation access only lasts 30 days
- No scaling on this plan (Option 2)
🐨 Which should you choose?
Choose Bulenox if you want the lower cost to get funded, a more forgiving drawdown, faster payouts, news trading and more room to scale up.
Written from our verified data for a 50K account, or the closest size a firm offers. Always check each firm's current terms before buying.
Figures are list prices for the 50K account (or the closest size a firm offers). Verify all details directly with each firm before purchasing. PropKoala may earn affiliate commissions. Trading involves substantial risk.