Bullwaves Prime rules Caution
Bullwaves Prime offers 2 accounts on PropPassCheck (2-step, 1-step). Below are the profit targets, loss limits, consistency rules and payout terms for each, checked against Bullwaves Prime's own site on 29 Oct 2026.
Proceed with caution. See the notes below for why.
Our summary
Bullwaves Prime is an offshore CFD prop firm launched in 2024, with some of the strictest rules in our directory. The daily loss limit is measured from your highest equity of the day, every challenge needs 10 active trading days (per phase on the 2-Step), and there's a consistency rule: under 30% of profit on any day for the 1-Step, under 40% for the 2-Step. The 2-Step's 10% maximum loss also trails your highest equity.
We've marked it caution: Trustpilot has restricted its profile, PropFirmMap grades it D, and there are user complaints about denied payouts and confiscated accounts. Read the notes before buying.
Test your strategy against Bullwaves Prime
- Website
- prime.bullwaves.com
- Markets
- Forex & CFDs
- Country
- Seychelles
- Founded
- 2024
- Platforms
- MT5
- Rules checked
- 29 Oct 2026
Bullwaves Prime accounts
| Account | Type | Profit target | Daily loss | Max loss | Consistency | First payout | Split |
|---|---|---|---|---|---|---|---|
| 2-Step 100K | 2-step | 8% / 5% | 5% | 10% trailing | 40% | After 15 days, 0.1%+ profit | 80% |
| 1-Step 100K | 1-step | 10% | 4% | 8% static | 30% | After 15 days, 0.1%+ profit | 80% |
2-Step 100K
- Type
- 2-step
- Profit target
- 8% / 5%
- Daily loss limit
- 5% of the day's opening balance
- Maximum loss
- 10% trailing
- Minimum trading days
- 10
- Time limit
- None
- Consistency rule
- 40%
- First payout
- After 15 days, 0.1%+ profit
- Profit split
- 80%
- Price
- Not listed
- Source
- Bullwaves Prime rules page, checked 29 Oct 2026
1-Step 100K
- Type
- 1-step
- Profit target
- 10%
- Daily loss limit
- 4% of the day's opening balance
- Maximum loss
- 8% static
- Minimum trading days
- 10
- Time limit
- None
- Consistency rule
- 30%
- First payout
- After 15 days, 0.1%+ profit
- Profit split
- 80%
- Price
- Not listed
- Source
- Bullwaves Prime rules page, checked 29 Oct 2026
Notes and rules to watch
1-Step: 10% target, 4% daily, 8% maximum, 10 active trading days, best day under 30% of profit, weekend holding allowed. 2-Step: 8% then 5%, 5% daily, 10% maximum plus a trailing drawdown that follows the highest equity reached, 10 active trading days in each phase, no day 40% or more of profit, no weekend holding. The daily limit is equity-based from the day's highest equity (resets 17:00 EST); PropPassCheck can only measure it from the start of the day, so real results will be stricter than shown. The site doesn't say the 1-Step maximum trails, so PropPassCheck treats it as fixed. Up to 80% split after KYC; first payout 15 days after the first trade, then every 15 days, with 10 active days and no open positions. Caution: Trustpilot has restricted the profile, PropFirmMap safety grade D, and user complaints of payout denials and account confiscation. Sources: www.prime.bullwaves.com/trading-rules and propfirmmap.com/firms/bullwavesprime
Will your strategy pass at Bullwaves Prime?
Upload a backtest or your trade history and PropPassCheck runs it 2,000 times against each Bullwaves Prime account's rules, showing your chance of passing and of reaching a first payout. Open the test centre with Bullwaves Prime selected.