A source-backed, side-by-side look at how Alpha Futures and Bulenox treat drawdown, payouts, pricing, and the rules that actually decide whether you keep a funded account.
Best fit
Traders seeking a 90% split from day one on every plan, or a one-time-fee no-subscription funded path via Direct.
Think twice if
You want a long operating history or dislike newer-firm execution and payout-risk uncertainty.
Best fit
Traders who want a large account-size menu up to $250K, either a self-paced Qualification path or a one-time-fee Fast Track/Momentum shortcut, and understand Master/Funded transition mechanics.
Think twice if
You dislike per-cycle Qualification pricing, the Option-1/Option-2 drawdown-model lock-in, or discretionary consolidation into live funded accounts.
Every value below is pulled from each firm's official sources. Confirm live figures at checkout. New to the terms? See the key terms below.
| Rule | Alpha Futures | Bulenox |
|---|---|---|
| Account sizes | $25K to $150K depending on plan | $25K, $50K, $100K, $150K, $250K |
| Evaluation pricing | Zero 25K/50K/100K: $89/$139/$279 per month. Standard 50K/100K/150K: $129/$239/$349 per month. Advanced 50K/100K/150K: $209/$349/$489 per month. Direct: no evaluation, one-time account fee only. | $145/$175/$215/$325/$535 for a Qualification account by size, charged once per subscription cycle (last confirmed 2026-07-26, not reconfirmed 2026-09-03). Fast Track/Momentum one-time fees and Master's per-size activation fee are not published outside a client-rendered pricing tab. |
| Activation fee | Zero: $0 permanently, all sizes. Standard: $0 permanently, all sizes (relaunched 2026-07-27). Advanced: $0 (accounts purchased after 2026-07-08). Direct: no separate activation fee -- the one-time account fee covers it. | Master Account: one-time fee that scales with account size (exact per-size dollar figures gated behind the client-rendered pricing tab, not confirmed). Momentum Master: free, no activation fee. |
| Profit targets | Zero 25K/50K/100K: $1.5K/$3K/$6K. Standard 50K/100K/150K: $3K/$6K/$9K. Advanced 50K/100K/150K: $4K/$8K/$12K. Direct 25K/50K/100K/150K 1st withdrawal: $1.5K/$3K/$6K/$9K, then $1K/$2K/$4K/$6K on later withdrawals. | $1.5K, $3K, $6K, $9K, $15K. |
| Drawdown | Zero MLL: $1K/$2K/$3K. Standard MLL: $2K/$3K/$4.5K. Advanced MLL: $1.75K/$3.5K/$5.25K. Direct MLL: $1K/$2K/$3K/$4.5K. | Option 1 (No Scaling) trails your highest balance in real time including open positions, full contract size from day one. Option 2 (EOD) updates once daily at the close on realized profit, contract size scales with Cash On Hand, and a daily loss limit pauses the day instead of ending the account. The choice is locked for the life of the account. Drawdown $1.5K/$2.5K/$3K/$4.5K/$5.5K. |
| Daily loss limit | Zero Daily Loss Guard: $500/$1K/$2K. Standard Daily Loss Guard: none on Evaluation, $1K/$2K/$3K once Qualified. Direct Daily Loss Guard: $500/$1K/$2K/$3K. Advanced has no stated Daily Loss Guard. | Option 2 DLL: $500/$1.1K/$2.2K/$3.3K/$4.5K. |
| Consistency rule | Zero: 40% on Qualified only (not enforced in evaluation). Standard: 50% on Evaluation, 40% on Qualified. Advanced: 40% on Evaluation only (no rule once qualified). Direct: 20% consistency across all tiers. | Master Account payout page includes a consistency rule on withdrawal requests (best single trading day must not make up too large a share of total profit for the payout period); the FAQ states the exact percentage differs by account type (Fast Track/Momentum/Master) but those figures sit behind client-rendered help-center anchors not reachable via static fetch. Existing record's 40% figure not reconfirmed this pass. |
| Min trading days | No minimum trading-day count stated in any dedicated account-rules article. Zero, Standard, and Advanced payout eligibility is 5 winning days of $200+ profit each; Direct has no winning-day requirement at all -- it's gated only by hitting its per-size Withdrawal Profit Target plus the 20% consistency rule. | Qualification pass requires the profit target with no minimum or maximum number of trading days (fully self-paced). Fast Track has no profit target and no minimum trading days at all -- instant simulated-funded start. Master Account Funded-Account reward request after at least 5 trading days; Fast Track/Momentum accounts are instead reviewed for Funded Account status after 3 payouts and 30 trading days. |
| Payout | 90% profit split from the start on all 4 plans, no tiered ramp. Zero, Standard, and Advanced withdrawals are gated behind 5 winning days of $200+ profit each; Direct withdrawals are gated behind its per-size Withdrawal Profit Target (resets each cycle, no carryover) plus the 20% consistency rule, not winning days. Zero caps: $1K/$1.5K/$2.5K. Standard caps: $3K/$4K/$5K. Advanced: $1K min/$15K max per request. Direct caps: $1K/$2K/$2.5K/$3K. | Master Account pays the Trader directly: first $10,000 withdrawn commission-free, then the company takes 10% of profit (Trader keeps 90%). Fast Track and Momentum payout requests are processed the same day, any day of the week; a regular Master Account's payouts are processed every Wednesday. Payout methods are ACH, wire transfer, or PayPal. After three successful Fast Track/Momentum Master payouts (and 30 trading days), those accounts are reviewed for Funded Account status; active Master Accounts consolidate. Funded Accounts carry a balance cap by size, effective April 28, 2025: $25K account capped at $2.5K, $50K at $5K, $100K at $10K, $150K at $15K, $250K at $25K. |
| Coupon | Affiliate-linked discount (no public code) | BULENOX (homepage promo banner) (verify at checkout) |
Drawdown. Alpha Futures: Zero MLL: $1K/$2K/$3K. Standard MLL: $2K/$3K/$4.5K. Advanced MLL: $1.75K/$3.5K/$5.25K. Direct MLL: $1K/$2K/$3K/$4.5K. Bulenox: Option 1 (No Scaling) trails your highest balance in real time including open positions, full contract size from day one. Option 2 (EOD) updates once daily at the close on realized profit, contract size scales with Cash On Hand, and a daily loss limit pauses the day instead of ending the account. The choice is locked for the life of the account. Drawdown $1.5K/$2.5K/$3K/$4.5K/$5.5K.
Payouts. Alpha Futures: 90% profit split from the start on all 4 plans, no tiered ramp. Zero, Standard, and Advanced withdrawals are gated behind 5 winning days of $200+ profit each; Direct withdrawals are gated behind its per-size Withdrawal Profit Target (resets each cycle, no carryover) plus the 20% consistency rule, not winning days. Zero caps: $1K/$1.5K/$2.5K. Standard caps: $3K/$4K/$5K. Advanced: $1K min/$15K max per request. Direct caps: $1K/$2K/$2.5K/$3K. Bulenox: Master Account pays the Trader directly: first $10,000 withdrawn commission-free, then the company takes 10% of profit (Trader keeps 90%). Fast Track and Momentum payout requests are processed the same day, any day of the week; a regular Master Account's payouts are processed every Wednesday. Payout methods are ACH, wire transfer, or PayPal. After three successful Fast Track/Momentum Master payouts (and 30 trading days), those accounts are reviewed for Funded Account status; active Master Accounts consolidate. Funded Accounts carry a balance cap by size, effective April 28, 2025: $25K account capped at $2.5K, $50K at $5K, $100K at $10K, $150K at $15K, $250K at $25K.
Cost beyond the sticker. Alpha Futures runs a Zero, Standard, and Advanced: monthly subscription during evaluation. Direct: one-time fee, no subscription, skips evaluation. model — 90% split from day one on all 4 plans; Direct's one-time fee skips evaluation entirely for immediate funded access, trading a higher upfront cost for no monthly bill. Bulenox runs a One-time, non-recurring per-cycle Qualification purchase (no auto-renewal). Master Account carries no monthly fee, only a one-time per-size activation fee. Fast Track and Momentum are each a one-time fee with no recurring charges; Momentum's Master-stage activation is free. model — Master-to-Funded transition and account consolidation can change realized economics after payouts.
Alpha Futures: Zero 25K/50K/100K: $89/$139/$279 per month. Standard 50K/100K/150K: $129/$239/$349 per month. Advanced 50K/100K/150K: $209/$349/$489 per month. Direct: no evaluation, one-time account fee only. Activation: Zero: $0 permanently, all sizes. Standard: $0 permanently, all sizes (relaunched 2026-07-27). Advanced: $0 (accounts purchased after 2026-07-08). Direct: no separate activation fee -- the one-time account fee covers it. Bulenox: $145/$175/$215/$325/$535 for a Qualification account by size, charged once per subscription cycle (last confirmed 2026-07-26, not reconfirmed 2026-09-03). Fast Track/Momentum one-time fees and Master's per-size activation fee are not published outside a client-rendered pricing tab. Activation: Master Account: one-time fee that scales with account size (exact per-size dollar figures gated behind the client-rendered pricing tab, not confirmed). Momentum Master: free, no activation fee. Net cost depends on current sales and activation fees, so confirm the final total at checkout.
Alpha Futures: Zero MLL: $1K/$2K/$3K. Standard MLL: $2K/$3K/$4.5K. Advanced MLL: $1.75K/$3.5K/$5.25K. Direct MLL: $1K/$2K/$3K/$4.5K. Bulenox: Option 1 (No Scaling) trails your highest balance in real time including open positions, full contract size from day one. Option 2 (EOD) updates once daily at the close on realized profit, contract size scales with Cash On Hand, and a daily loss limit pauses the day instead of ending the account. The choice is locked for the life of the account. Drawdown $1.5K/$2.5K/$3K/$4.5K/$5.5K.
Alpha Futures: Zero Daily Loss Guard: $500/$1K/$2K. Standard Daily Loss Guard: none on Evaluation, $1K/$2K/$3K once Qualified. Direct Daily Loss Guard: $500/$1K/$2K/$3K. Advanced has no stated Daily Loss Guard. Bulenox: Option 2 DLL: $500/$1.1K/$2.2K/$3.3K/$4.5K.
Alpha Futures: 90% profit split from the start on all 4 plans, no tiered ramp. Zero, Standard, and Advanced withdrawals are gated behind 5 winning days of $200+ profit each; Direct withdrawals are gated behind its per-size Withdrawal Profit Target (resets each cycle, no carryover) plus the 20% consistency rule, not winning days. Zero caps: $1K/$1.5K/$2.5K. Standard caps: $3K/$4K/$5K. Advanced: $1K min/$15K max per request. Direct caps: $1K/$2K/$2.5K/$3K. Bulenox: Master Account pays the Trader directly: first $10,000 withdrawn commission-free, then the company takes 10% of profit (Trader keeps 90%). Fast Track and Momentum payout requests are processed the same day, any day of the week; a regular Master Account's payouts are processed every Wednesday. Payout methods are ACH, wire transfer, or PayPal. After three successful Fast Track/Momentum Master payouts (and 30 trading days), those accounts are reviewed for Funded Account status; active Master Accounts consolidate. Funded Accounts carry a balance cap by size, effective April 28, 2025: $25K account capped at $2.5K, $50K at $5K, $100K at $10K, $150K at $15K, $250K at $25K.
Alpha Futures: Zero: 40% on Qualified only (not enforced in evaluation). Standard: 50% on Evaluation, 40% on Qualified. Advanced: 40% on Evaluation only (no rule once qualified). Direct: 20% consistency across all tiers. Bulenox: Master Account payout page includes a consistency rule on withdrawal requests (best single trading day must not make up too large a share of total profit for the payout period); the FAQ states the exact percentage differs by account type (Fast Track/Momentum/Master) but those figures sit behind client-rendered help-center anchors not reachable via static fetch. Existing record's 40% figure not reconfirmed this pass.
Official help, pricing, and payout pages used for this comparison.
Firm rules, payouts, and coupons change often. Read the rule risk first, then pick the firm that fits how you actually trade.
First 100 members lock $19/mo for life — Co-Pilot, Proof Room, and an AI Mentor built on 8 years of Jalen's trading journal. After seat 100, pricing moves to $29/mo.
See every head-to-head comparison for each firm in this matchup — rules, payouts, pricing, and coupon status against all opponents in the radar.
Comparison research, not investment advice. Funded-account rules, pricing, payout schedules, and coupons change without notice — figures here reflect the dataset last reviewed September 5, 2026. Always confirm current terms on the firm's official site before purchasing an evaluation.