Bulenox: Types of Accounts and Funding Programs

Welcome, Trader! Code name: Bulenox Trader. Today we’ll delve into the rising star of the trading platforms: Bulenox. Leveraging my expertise, I’m here to guide you through a wide array of account options and funding programs suitable for every type of trader. So, let’s sit down and explore all these options together, shall we?

Account Options at Bulenox Prop Firm

Option 1: Account with Trailing Drawdown

What is Trailing Drawdown?

Trailing Drawdown is a kind of drawdown that adjusts according to your gains. Simply put, if you win, the maximum allowed drawdown also increases.

Practical Example

Let’s say you have a $150,000 account with a maximum trailing drawdown of $4,500. Initially, if your balance falls to $145,500, the account gets closed. However, if you make a profit of $1,500, your drawdown limit increases, setting a new closure threshold at $147,000.

Option 2: EOD Drawdown + Tiered Plan

How EOD Drawdown Works

It only changes at the end of each trading day, providing less volatility compared to Trailing Drawdown.

Dynamic EOD Tiering Plan

This model adjusts your purchasing power according to your performance. Perform well, and you get more contracts to trade.

Technical Details

Option 1: No tiering (trailing drawdown)

• Your trailing drawdown always follows your current balance, which equals your profit.
• It’s updated in real-time during the trading day, including commissions.
• If your balance decreases, your allowed drawdown remains the same.

A Simple Example

You have a $100,000 account for 12 contracts with a maximum drawdown of $3,000. If you lose, the maximum you can lose from your highest profit point at any given time is $3,000.

Option 2: EOD account (daily loss limit)

EOD, what does it mean?

The EOD drawdown is updated at the end of each trading day and considers only the profit made at the end of the day.

Another Example

On the first day, you have a balance of $101,000. Your EOD balance adjusts to $98,000.

What About Dynamic EOD Tiering?

The more you win, the more contracts you can trade. Simple, right?

Daily Loss Limits

Here’s how Bulenox manages this:

• 10K Account: Daily loss limit set at $400.
• 25K Account: The limit is $500.
• 50K Account: The daily loss limit is $1,100.
• 100K Account: The daily loss limit is $2,200.
• 150K Account: The limit is $3,300.
• 250K Account: For the high rollers, the limit is $4,500.

Note that reaching any of these limits will suspend your account for the rest of the trading day. No rule-breaking, it’s just a mandatory break. You can resume trading at the start of the next trading day.

Fees for the Master Account

For the Master Account, you only have a one-time activation fee to cover. After that, you’re all set!

Here are the Master Account activation fees:

• $10,000 account => $95
• $25,000 account => $135
• $50,000 account => $145
• $100,000 account => $245
• $150,000 account => $495
• $250,000 account => $895

It’s crucial to keep an eye on these figures while you trade. You wouldn’t want to find yourself in a sticky situation, would you?

Details of Funding Accounts at Bulenox

After covering the basics of the various types of funding accounts offered by the prop firm Bulenox and their unique mechanisms like Trailing Drawdown, it’s time to dive into the details. Here, we will dissect the specifics of each account under Option 1 to help you choose the one that best suits your trading skills and needs.

Account 100K (Option 1)

• Starting Capital: $100,000
• Max Contracts: 12 (80 Micros)
• Profit Goal: $6,000
• Trailing Threshold: $3,000
• Daily Drawdown: None
• Scaling Penalty: None
• NinjaTrader License ($75): FREE
• Data Fees ($55): FREE
• Monthly Fee: $215 This account is for traders who want to optimize their profitability and are prepared to manage risks effectively.

Account 150K (Option 1)

• Starting Capital: $150,000
• Max Contracts: 15 (150 Micros)
• Profit Goal: $9,000
• Trailing Threshold: $4,500
• Daily Drawdown: None
• Scaling Penalty: None
• NinjaTrader License ($75): FREE
• Data Fees ($55): FREE
• Monthly Fee: $325 If you’re already pretty experienced, this account gives you more leeway to implement more complex strategies.

Account 250K (Option 1)

• Starting Capital: $250,000
• Max Contracts: 25 (200 Micros)
• Profit Goal: $15,000
• Trailing Threshold: $5,500
• Daily Drawdown: None
• Scaling Penalty: None
• NinjaTrader License ($75): FREE
• Data Fees ($55): FREE
• Monthly Fee: $535 For high-level traders, this account offers the maximum in terms of profit potential.

Summary

Option 1 from Bulenox offers accounts for all levels of traders. You can therefore find the one that best suits you to turn your interest in trading into a profitable venture.

In the next chapter, we will discuss the challenges offered by Bulenox to gain access to these accounts. Stay tuned!

The Bulenox Challenges for Traders

What is the Qualification Challenge at Bulenox?

To become a part of the Bulenox trading platform, each trader must undergo a rigorous qualification process.

Here are the key parameters of the challenge:

• Duration of the Challenge: A minimum of 5 active trading days.
• Profit Objective: Variable, depending on the type of account chosen.
• Maximum Drawdown: Calculated based on the account.
• Maximum Contracts: According to the account type.

How to Succeed in the Qualification Challenge at Bulenox?

Steps to Follow

1. Account Selection: Choose an account that fits your needs.
2. Registration: Sign up and receive your login credentials.
3. Trading Plan: Create a robust trading strategy.
4. Start Trading: Begin trading according to the challenge rules.
5. Monitoring and Adjustment: Adapt your plan as needed.
6. Achieving the Profit Objective: Meet the set target while adhering to other criteria.
7. Validation and Transition to Live Account: Once approved, move on to a funded account: The Master Account.

Why Choose Bulenox? Unique Advantages That Make a Difference

After examining the different types of accounts offered by Bulenox and the details of the qualification challenge, let’s now answer a crucial question: why should you choose Bulenox over other trading platforms on the market? Below, I detail the unique advantages that make Bulenox a wise choice.

Immediate Trading from Day One:

No time is wasted. You are free to start trading immediately upon registration, without enduring lengthy verification or complicated approval procedures.

Only 5 Trading Days Required for Qualification:

Ideal for ambitious traders wanting to quickly achieve professional status. With only five active trading days required, you can reach the prestigious Master Account in record time.

First $10,000 Commission-Free:

This feature is a significant asset for new traders. Bulenox allows you to keep the entirety of your first $10,000 in gains without any commission, providing an excellent incentive to join the platform.

Flexible Financing Account Options:

Whether you wish to start small with a 10K account or aim for a much larger 250K account, Bulenox offers a wide range of account financing options.

High Percentage of Profit:

Once you’ve reached the Master Account level, the sky is nearly the limit. Bulenox offers a profit percentage that can go up to 90%, which is extremely competitive in the trading sector.

Weekly Payments:

Payments are processed every Wednesday, allowing you to enjoy your earnings more quickly and adjust your trading strategy accordingly.

Free Trading Terminal:

Unlike some other platforms, Bulenox imposes no additional costs for using its trading terminal. This helps to minimize your operational expenses and maximize your profits.

Registered in the United States:

For those who value regulation and security, it’s reassuring to know that Bulenox is registered in the State of Delaware in the United States, providing added peace of mind compared to some offshore brokers.

In Summary

In short, choosing Bulenox means opting for a trading experience that is not only flexible and profitable but also secure and well-regulated. Stay tuned for our next chapter where we will delve into the financing process at Bulenox in detail, from the registration steps to programs and profit sharing.

Financing Process at Bulenox: The Path to Profitability

After reviewing the various account options, challenges, and advantages of choosing Bulenox as your trading platform, I bet you’re already eager to jump into the fray. But hold on, trading cowboy! Before you trigger that first trade, it’s important to understand how the financing process at Bulenox works. In this chapter, we’ll explore everything from program registration to profit-sharing.

Step 1: Program Registration

First things first: head to the Bulenox website and select the financing program that resonates with you. The online registration process is as intuitive as the latest trading indicator you just added to your chart. Submit the necessary documents and wait for approval.

Step 2: Initial Deposit

Received the approval? Congratulations, you’ve just cleared the first hurdle. Depending on the account you’ve chosen, an initial deposit is required. Make the deposit using one of the many payment methods available, and you’re ready to get started.

Step 3: The Trading

This is where the fun begins. Your account is now active, and you can start trading according to the rules specific to the Bulenox prop firm and the limits of the account you’ve chosen. You’re free to implement all your trading strategies, as long as you comply with Bulenox’s guidelines, of course.

Step 4: Performance Review

All your trading activities are constantly reviewed by the Bulenox team. Not only does this help keep you on the right path, but it also enables the platform to ensure you’re fit to move on to more lucrative trading opportunities.

Step 5: Profit Sharing

Once you’ve hit your profitability targets, it’s jackpot time. Based on your account’s terms, a percentage of the profits comes back to you. And guess what? At Bulenox, withdrawals are as simple as clicking a button.

Step 6: Leveling Up

Proven that you’re a trading ace? You might then be eligible for even greater trading opportunities. Level up, increase your capital, and who knows—perhaps move on to the highly coveted Master Account!

Step 7: The Withdrawal

Withdrawing your earnings at Bulenox is a straightforward and transparent process. Once you’ve met the required conditions for withdrawal, you can proceed to transfer your profits to your bank account or any other preferred payment method.

In Brief

The financing process at Bulenox is designed to be as seamless as possible. From the moment you register for a financing program to the point of profit sharing, every step has been carefully thought out to optimize your trading experience.

Withdrawals and Profit Sharing at Bulenox

After putting in the hard yards in the trading market, you’re undoubtedly wondering about the withdrawal and profit-sharing procedures at Bulenox. Rest assured, all the answers are right here. And the best part? Bulenox has simplified this process to make it as easy as possible for you.

Profit Sharing

Here’s something to put a smile on your face: Up to $10,000 in profits, it’s all yours. That’s right—100% for you. But once you cross that threshold, the house takes a 10% cut, leaving you with a robust 90%. Not a bad ratio, right?

Withdrawal Caps

Initially, there are some limitations on withdrawals. The minimum withdrawal amount for the first three payments is set at $1,000. However, after the fourth month, the sky’s the limit—you can withdraw as much as you’ve earned. Payments are processed once a week, every Wednesday.

Any Limitations? Just a Few

To make a withdrawal, your account needs to maintain a specific balance. Here’s the breakdown:

• $10,000 account: Max withdrawal of $750
• $25,000 account: Max withdrawal of $1,000 and a safety reserve of $1,600
• $50,000 account: Max withdrawal of $1,500 and a safety reserve of $2,600
• $100,000 account: Max withdrawal of $1,750 and a safety reserve of $3,100
• $150,000 account: Max withdrawal of $2,000 and a safety reserve of $4,600
• $250,000 account: Max withdrawal of $2,500 and a safety reserve of $5,600

Withdrawal Methods

You’ve got plenty of options: ACH/Bank transfer, PayPal, Zelle, Payoneer. Choose the one that suits you best.

Rules and Regulations

It’s highly recommended to review the terms and conditions on their site before committing. My website is updated, but it’s always best to check directly from the source.

In summary, Bulenox aims to build a long-lasting relationship with its traders. If you’re planning a long-term career in trading, this is definitely a place you can settle down.

So there you have it—all you need to know about withdrawals and profit sharing at Bulenox. Ready to make the leap?

Conclusion

After diving into the various account types, funding programs, qualification challenges, and numerous benefits that Bulenox has to offer, it’s abundantly clear that this platform stands out as an excellent option for you—whether you’re a beginner or an experienced trader. The flexibility in account types and financing plans gives you a broad spectrum to tailor your trading experience according to your needs and skill level.

Moreover, Bulenox’s focus on fund security, qualification processes, and payments reflects a genuine commitment to creating not just a profitable, but also a transparent and reliable trading environment. With perks like weekly payouts, zero commissions on initial earnings, and a complimentary trading platform, Bulenox firmly establishes itself as a true leader in the online trading world.

Time to Take Action

Convinced by the opportunities Bulenox offers and ready to take the leap? That’s great news. Due to our close collaboration with Bulenox, I have an exclusive promotional code to share with you.

🔔 Check out the « Bulenox Active Special Offer » and its associated Bulenox promo code. It gets updated with every new special offer.

Every opportunity is precious in the trading world, and this could be your springboard to the next level. So, why not you?