HOTFTMO raises max funded to $400K — our review updatedNEWFundedNext now pays 90% profit split on all funded accountsDEALThe5ers free evaluation — limited spots this weekUPDATEE8 Markets drawdown rules updated — see our revised reviewHOTFTMO raises max funded to $400K — our review updatedNEWFundedNext now pays 90% profit split on all funded accountsDEALThe5ers free evaluation — limited spots this weekUPDATEE8 Markets drawdown rules updated — see our revised review
Head-to-Head Comparison

Apex Trader Funding vs Bulenox Side-by-side breakdown — fees, rules, payouts, and our verdict

Apex Trader Funding
Est. 2021
4.6
out of 5.0
from $147 challenge fee
100% first $25K then 90% profit split
Visit Apex Trader Funding → Full review →
VS
Bulenox
Est. 2022
4.1
out of 5.0
from $16 challenge fee
Up to 90% profit split
Visit Bulenox →
🏷 Code:
Full review →

Quick Verdict

Overall Score
Apex Trader Funding
Lower Entry Fee
Bulenox
Higher Profit Split
Apex Trader Funding
Larger Max Account
Bulenox

Full Comparison

Metric Apex Trader Funding Bulenox
Our Score 4.6/5 4.1/5
Challenge Fee from $147 from $16 ✓
Profit Split 100% first $25K then 90% ✓ Up to 90%
Max Account $300,000 per account (20 max) $2,750,000 (scaled via 11 accounts) ✓
Evaluation Type One-Step One-Step (Option 1 or Option 2)
Drawdown Type Intraday trailing only EOD (Option 2) or Trailing (Option 1) — trader's choice
Min Trading Days 7-day evaluation 5-10 days depending on option ✓
Time Limit No fixed limit No fixed limit
Platforms NinjaTrader, Tradovate, Rithmic, Quantower, Sierra Chart NinjaTrader, Tradovate, Rithmic, Quantower
Payout Speed Standard cycle Weekly
News Trading ✓ ✓
Weekend Hold ✓ ✓
EAs / Robots ✓ ✓
Fee Refundable ✗ ✗
Founded 2021 2022
HQ United States United States

Score Breakdown

Customer Support Apex Trader Funding: 8.4 · Bulenox: 7.8
Value for Money Apex Trader Funding: 9 · Bulenox: 8.6
■ Apex Trader Funding ■ Bulenox

Apex Trader Funding and Bulenox both show up on most "best prop firm" shortlists, but they are built for different traders. Apex Trader Funding scores 4.6/5 on our review and has been paying traders since 2021 (5 years); Bulenox scores 4.1/5 and has been paying traders since 2022 (4 years). The table below puts every rule side by side — this intro is the short version.

On entry cost, Apex Trader Funding charges from $147 and Bulenox charges from $16 for its standard evaluation. The profit split is 100% first $25K then 90% at Apex Trader Funding versus Up to 90% at Bulenox — but a bigger split only matters if the payout actually arrives, so weigh it against the payout-speed row. The drawdown models differ: Apex Trader Funding uses intraday trailing only, Bulenox uses eod (option 2) or trailing (option 1) — trader's choice. That single rule changes how much room you really have on a losing day, so check the "Drawdown Explained" guide if the distinction is new to you.

Apex Trader Funding allows weekend holding and Bulenox allows it. If your strategy carries positions across the weekend, that alone should decide this comparison for you.

Pros & Cons

Apex Trader Funding

✅ Pros
• Up to 20 simultaneous funded accounts — nothing else here is even in the same range
• Intraday-only trailing drawdown, noticeably more forgiving day to day than Topstep's stacked rules
• Keep 100% of your first $25,000 in profits — a strong incentive right out of the gate
• Frequent promotional discounts keep entry pricing genuinely competitive
❌ Cons
• EAs only work during the evaluation, not on a funded account — odd given how flexible the rest of the rule set is
• The 7-day evaluation window runs longer than Topstep's 2-day minimum
• That profit split drops to 90% after the first $25K tier. Still strong, just not the headline figure

Bulenox

✅ Pros
• EAs and algo trading, fully allowed on funded accounts — the only major futures firm here that doesn't restrict this
• A free NinjaTrader 8 license is bundled in, which is a real cost saved
• Pick your drawdown style: Option 1 trailing, Option 2 end-of-day. Your call
• Weekly payouts, a faster cycle than several competitors
❌ Cons
• A 40% consistency rule at payout time has drawn real, repeated complaints — one big day followed by smaller ones is the pattern that gets flagged most often
• Only 3 simultaneous accounts, nowhere near Apex's 20
• The whole acquisition model leans heavily on promo codes, which means standard pricing can shift — always check current terms directly before you commit
Apex Trader Funding
4.6/5
Visit Apex Trader Funding →
Read full review
Bulenox
4.1/5
Code:
Visit Bulenox →
Read full review

More head-to-head comparisons

Apex Trader Funding vs Bulenox → Apex Trader Funding vs My Funded Futures → Apex Trader Funding vs My Funded Futures → Apex Trader Funding vs Take Profit Trader → Apex Trader Funding vs Take Profit Trader → Apex Trader Funding vs Topstep 2026 → Apex Trader Funding vs Tradeify → Apex Trader Funding vs Tradeify → My Funded Futures vs Bulenox → Take Profit Trader vs Bulenox → Topstep vs Bulenox → TradeDay vs Bulenox 2026 → Tradeify vs Bulenox →

Compare more firms: Full comparison table →