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 large account-size menu up to $250K and understand Master/Funded transition mechanics.
Think twice if
You dislike monthly subscription pricing 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 per month on Option 1 and Option 2 grids captured. |
| Activation fee | $79 intraday PA activation or $99 EOD PA activation was captured in prior official-source pass; verify at checkout before quoting. | Not. |
| 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 uses trailing drawdown; Option 2 uses EOD/Scaling/DLL grid. 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 40% consistency rule on withdrawal requests. |
| Min trading days | EOD evaluation may pass in one day if the profit target is reached and rules are followed. | Qualification pass requires profit target and at least 1 trading day. Funded Account reward request after at least 5 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 | Master Account pays the Trader directly: first $10,000 withdrawn commission-free, then the company takes 10% of profit (Trader keeps 90%). Payout requests need at least 10 individual trading days completed, processed weekly on Wednesdays, $1,000 minimum withdrawal. After three successful Master Account payouts, qualified traders may transition to a Funded Account at risk-team discretion; 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) | No public code (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 uses trailing drawdown; Option 2 uses EOD/Scaling/DLL grid. 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%). Payout requests need at least 10 individual trading days completed, processed weekly on Wednesdays, $1,000 minimum withdrawal. After three successful Master Account payouts, qualified traders may transition to a Funded Account at risk-team discretion; 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 Monthly subscription evaluation 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 per month on Option 1 and Option 2 grids captured. Activation: Not. 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 uses trailing drawdown; Option 2 uses EOD/Scaling/DLL grid. 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%). Payout requests need at least 10 individual trading days completed, processed weekly on Wednesdays, $1,000 minimum withdrawal. After three successful Master Account payouts, qualified traders may transition to a Funded Account at risk-team discretion; 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 40% consistency rule on withdrawal requests.
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 July 18, 2026. Always confirm current terms on the firm's official site before purchasing an evaluation.