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Apex Trader Funding vs Bulenox: which is easier to pass and pay out?

Apex Trader Funding and Bulenox compared on their own published rules: profit targets, loss limits, consistency rules and payouts, plus how each account did in our benchmark, where the same made-up trader is replayed against every account. On our 6 measures, Bulenox comes out ahead on 2 and Apex Trader Funding on 1, with 3 level.

Rules checked 25 Oct 2026

The verdict, category by category

Apex Trader FundingBulenoxEdge
Easiest challenge to pass
pass chance in our benchmark
EOD 50K: 42%Qualification 50K: 49%Bulenox
Best chance of passing and getting paid
passed and reached a first payout, in our benchmark
EOD 50K: 32%Qualification 50K: 32%Level
Most room before failing
largest maximum loss; static beats trailing
4% trailing, locks at start (EOD 50K)5% trailing (Qualification 50K)Bulenox
Highest profit split
can't compare: one firm doesn't state it
Not stated90%Level
Quickest first payout5 days14 daysApex Trader Funding
Accounts with no consistency rule0 of 10 of 1Level

Which should you choose?

Test your strategy at Apex Trader Funding Test at Bulenox

Evaluations: Apex Trader Funding EOD 50K vs Bulenox Qualification 50K

Apex Trader FundingBulenox
AccountEOD 50KQualification 50K
Profit target6%6%
Daily loss limitNoneNone
Maximum loss4% trailing, locks at start5% trailing
Minimum daysNoneNone
Time limitNoneNone
Consistency rule50% funded40% funded
First payoutAfter 5 days, 0.1%+ profitAfter 14 days, 0.1%+ profit
Profit splitNot stated90%
Price$590 for $50K$175 for $50K
Pass chance (benchmark)42%49%
First payout chance (benchmark)32%32%
Best risk per trade0.3%0.38%
Fee spent per first payout, per $100$313$313
Rules checked25 Oct 20268 Nov 2026

Where a firm has more than one account of a type, the one that did best in our benchmark is shown. "Fee spent per first payout" is what every $100 of challenge fee works out at once failed attempts are counted.

Every account at both firms

FirmAccountTypeProfit targetDaily lossMax lossConsistencyFirst payoutSplit
Apex Trader FundingEOD 50K1-step6%None4% trailing, locks at start50% fundedAfter 5 days, 0.1%+ profitNot stated
BulenoxQualification 50K1-step6%None5% trailing40% fundedAfter 14 days, 0.1%+ profit90%

About the two firms

Apex Trader Funding

Apex Trader Funding is a futures firm. The EOD 50K account needs $3,000 (6%) with a $2,000 (4%) drawdown that trails your end-of-day balance and stops at your start plus $100, so swings during the day don't move it. There's no daily loss limit that fails the account; hitting the daily limit pauses trading until the next session.

Futures

Rules to watch: Futures. EOD trailing drawdown recalculated at 4:59pm ET; on Performance Accounts it stops at start + $100. Daily loss limit pauses rather than fails. The payout rules page wouldn't load, so payout timing is assumed at 14 days and the profit target is taken from the drawdown example. Source: apextraderfunding.com/help-center/eod-trailing-drawdown-accounts/eod-drawdown-explained/

Bulenox

Bulenox is a US futures firm with a simple one-step Qualification account. The 50K needs $3,000 (6%) against a $2,500 (5%) maximum drawdown, there is no minimum number of trading days, and it's a one-off fee rather than a monthly subscription.

Futures · Rithmic (NinjaTrader and other Rithmic platforms)

Rules to watch: Futures. Qualification 50K: $3,000 target, $2,500 drawdown, no minimum days, $175 one-off, 7 contracts. Drawdown is your choice: real-time trailing (includes open profit, no daily limit) or end-of-day (moves at the close, with a daily loss limit that pauses trading rather than failing). PropPassCheck checks the stricter real-time version. Passing doesn't open a Master account automatically; there's a Master activation fee. Profit split reported as 100% of the first $10,000 then 90%, and a 40% consistency rule on Master accounts; both come from third-party sites (QuantVPS, TradingFinder) because Bulenox's own Master page didn't load, so payout timing (14 days) is assumed. Sources: bulenox.com/accounts-pricing and bulenox.com/help-center/qualification

Questions

Is Apex Trader Funding or Bulenox easier to pass?

Bulenox. In our benchmark, the same made-up trader passed Apex Trader Funding's EOD 50K 42% of the time and Bulenox's Qualification 50K 49%.

Which is more likely to pay out, Apex Trader Funding or Bulenox?

Of their challenges, Apex Trader Funding's EOD 50K (32%) gave the better chance of passing and reaching a first payout in our benchmark, against 32% for Bulenox's Qualification 50K. This ranks the rules, not the firms' payout records.

Which has the better profit split, Apex Trader Funding or Bulenox?

Bulenox, with up to 90% against a split not stated.

Which gives more room on drawdown, Apex Trader Funding or Bulenox?

Apex Trader Funding's most forgiving account allows 4% trailing, locks at start (EOD 50K); Bulenox's allows 5% trailing (Qualification 50K). A static limit never moves up behind you, so it is worth more than a trailing one of the same size.

Do Apex Trader Funding and Bulenox have consistency rules?

Apex Trader Funding: 1 of 1 accounts do. Bulenox: 1 of 1 accounts do.

More comparisons

PropPassCheck isn't paid by either firm and has no affiliate links. The benchmark ranks rules, not your trading. Confirm the rules on each firm's site before you buy.