A source-backed, side-by-side look at how Apex Trader Funding and Bulenox treat drawdown, payouts, pricing, and the rules that actually decide whether you keep a funded account.
Best fit
Traders who want up to 20 Performance Accounts and a 100% approved payout split.
Think twice if
You need a long-lived account without payout-cycle constraints or you dislike strict consistency and compliance review.
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 | Apex Trader Funding | Bulenox |
|---|---|---|
| Account sizes | $25K, $50K, $100K, $150K | $25K, $50K, $100K, $150K, $250K |
| Evaluation pricing | One-time evaluation purchase with 30 calendar days of access; net price changes with sales and account type. | $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 | $79 intraday PA activation or $99 EOD PA activation was captured in prior official-source pass; verify at checkout before quoting. | 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 | $1.5K, $3K, $6K, $9K on EOD evaluations. | $1.5K, $3K, $6K, $9K, $15K. |
| Drawdown | EOD path uses $1K/$2K/$3K/$4K EOD drawdown; intraday path has separate trailing rules. | 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 | $500/$1K/$1.5K/$2K fixed DLL on EOD evaluations; hitting DLL pauses the day rather than failing the account. | Option 2 DLL: $500/$1.1K/$2.2K/$3.3K/$4.5K. |
| Consistency rule | 50% payout consistency on current PA payout eligibility. Legacy accounts can differ. | 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 | EOD evaluation may pass in one day if the profit target is reached and rules are followed. | 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 | EOD PA documentation says approved payouts are 100% split. Intraday PA payout page lists at least 5 qualifying trading days, $500 minimum payout, and max 6 payouts per Performance Account. | 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 | SAVENOW (official code) | BULENOX (homepage promo banner) (verify at checkout) |
Drawdown. Apex Trader Funding: EOD path uses $1K/$2K/$3K/$4K EOD drawdown; intraday path has separate trailing rules. 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. Apex Trader Funding: EOD PA documentation says approved payouts are 100% split. Intraday PA payout page lists at least 5 qualifying trading days, $500 minimum payout, and max 6 payouts per Performance Account. 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. Apex Trader Funding runs a One-time evaluation access plus activation fee model — Discount cadence is high, and EOD versus intraday payout rules differ. 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.
Apex Trader Funding: One-time evaluation purchase with 30 calendar days of access; net price changes with sales and account type. Activation: $79 intraday PA activation or $99 EOD PA activation was captured in prior official-source pass; verify at checkout before quoting. 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.
Apex Trader Funding: EOD path uses $1K/$2K/$3K/$4K EOD drawdown; intraday path has separate trailing rules. 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.
Apex Trader Funding: $500/$1K/$1.5K/$2K fixed DLL on EOD evaluations; hitting DLL pauses the day rather than failing the account. Bulenox: Option 2 DLL: $500/$1.1K/$2.2K/$3.3K/$4.5K.
Apex Trader Funding: EOD PA documentation says approved payouts are 100% split. Intraday PA payout page lists at least 5 qualifying trading days, $500 minimum payout, and max 6 payouts per Performance Account. 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.
Apex Trader Funding: 50% payout consistency on current PA payout eligibility. Legacy accounts can differ. 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.
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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.