Head-to-head comparison · 2026
AquaFunded vs Bulenox
Side-by-side on the metrics that actually matter: true cost to funded, drawdown type, profit split and payout speed.
Market
Forex / CFD
Futures
Founded
-
2022
Total cost to funded
$143
$143
Eval cost
$143
$143
Activation fee
-
-
Pricing model
One-time
One-time
Challenge type
2-Step
1-Step
Drawdown type
Static
EOD
Max profit split
90%
90%
First profit
90% split, fee 100% refundable
First $10K is 100%, then 90%
Payout speed
Bi-weekly
Processed same day
Max account
-
Best$2.8M
Consistency rule
50% funded
40% rule
News trading
Allowed
Allowed
Platforms
NinjaTraderTradovateMT5Match-TraderTradeLockerVolumetrica
TradingViewQuantowerTradovateSierra ChartNinjaTrader
Strengths & watch-outs
AquaFunded
Strengths
- No minimum trading days on the challenge, can pass in 1 day
- News trading, weekend holding and EAs allowed
- One-time fee, 100% refundable, 90% split
Watch-outs
- Two phases with a high $5,000 then $2,500 profit target
- 50% consistency rule and 3 minimum trading days once funded
- Bi-weekly rewards, leverage drops from 1:100 to 1:50 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)
🐨 PropKoala verdict
AquaFunded is cheaper to get funded at $143 total. Both use EOD or static drawdown, a plus for both.
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.