Bulenox vs Apex Trader Funding: rules and payouts side by side
Which costs less to reach a funded account?
$323
Bulenox's cheapest funded $50K route; Apex Trader Funding states no price we can compare.
Read 15 Oct 2026 and 11 Nov 2026 · bulenox.com · Link to this fact
Bulenox $323 · Apex Trader Funding not stated · price plus activation fee, first-time pass judged
By Alexander Burnett (editor) Last updated Data read by our script
How we got this
How: Every value comes from the US Futures Prop Access Ledger: Bulenox's and Apex Trader Funding's own pages, read by our script from a US network address on 15 October 2026 and 11 November 2026, with the firm's quote and the page address. How we checkHow we make moneyCorrections
Term by term from each firm's own pages, read 15 October 2026 and 11 November 2026. Facts in each firm's words: we don't rate firms or pick a winner. Apex Trader Funding: partly read, so a gap may be on a page we couldn't read.
Side by side: Bulenox and Apex Trader Funding
Bulenox states more of the key terms
4 measures · read 15 Oct 2026 and 11 Nov 2026
Each measure has its own scale from zero. A flat plate means the firm states no figure.
Static viewthe figures are written out beside this chart
| Measure | Bulenox | Apex Trader Funding |
|---|---|---|
| Cheapest $50K route judgedprice plus activation fee, first-time pass (judged) | $323 | not stated |
| Profit splitBulenox states a split, but not one plain figure | no single figure | 100% |
| Payout minimumthe smallest payout you can ask for | $1,000 | $500 |
| Terms stated our arithmeticof the 16 key terms we compare | 14 | 13 |
Where both sit on price
Bulenox costs more than the median; Apex Trader Funding states no $100K price
25 futures firms · read 11 Nov 2026
Bulenox $463 · Apex Trader Funding not stated · median of 25 firms $248 (our arithmetic)
Futures, 25 firms: cheapest TradeDay $108, median $248 (our arithmetic), dearest Phidias $900.
Where they differ
The terms traders compare first. only where both firms state one plain figure; tap Source for the firm's own words.
- Cheapest $50K route to funded judged Price plus activation fee, first-time pass; no resets or data fees Only Bulenox prices oneBulenox: $323$175 one-off (access valid 30 days) + $148 activation
In fullbulenox.com
Qualification 50K: $175 (one-off (access valid 30 days)) + $148 activation
Apex Trader Funding: - Profit splitApex Trader Funding: 100%100% to trader (EOD Performance Accounts)
Sourceapextraderfunding.com
Approved payouts are issued at a 100% payout split, you receive 100% of the approved payout amount.
apextraderfunding.com - Payout schedule and minimumBulenox: Daily payouts on Fast Track and Momentum accounts…Minimum $1,000 $500 higher
In fullbulenox.com
Daily payouts on Fast Track and Momentum accounts: request on any trading day, processed the same day
Request a payout on any trading day and have it processed the same day. Available on Fast Track and Momentum accounts
bulenox.comApex Trader Funding: EOD PA: up to weekly, after 5 qualifying days…; max 6 payouts per PAMinimum $500 $500 lowerIn fullapextraderfunding.com
EOD PA: up to weekly, after 5 qualifying days ($100-$350 min daily profit by size); max 6 payouts per PA
Up to weekly payouts with 100% payout split
apextraderfunding.com - Consistency ruleBulenox: Master Account payouts: best day 40% or less of total…
In fullbulenox.com
Master Account payouts: best day 40% or less of total P&L for the payout period (not a breach if unmet)
Your most profitable trading day must not represent more than 40% of your Total P&L for the applicable payout period.
bulenox.comApex Trader Funding: EOD evaluation: none; Funded (PA) payouts: 50%…In fullapextraderfunding.com
EOD evaluation: none; Funded (PA) payouts: 50% (no single day 50% or more of profit since the last payout)
Consistency Not Applied Not Applied Not Applied Not Applied
apextraderfunding.com - Drawdown Both: end-of-day and intradayBulenox: End-of-dayIntradaytrader chooses at purchase: intraday trailing…
In fullbulenox.com
trader chooses at purchase: intraday trailing (real-time, incl. open positions) or end-of-day with scaling and daily loss limit
Trailing Drawdown Your loss limit follows your highest point — including open positions, in real time.
bulenox.comApex Trader Funding: End-of-dayIntradayEOD trailing (EOD path) or intraday trailing…; …In fullapextraderfunding.com
EOD trailing (EOD path) or intraday trailing (Intraday path); EOD max drawdown $1,000/$2,000/$3,000/$4,000 for 25K/50K/100K/150K, daily loss limit $500/$1,000/$1,500/$2,000
Max Drawdown (EOD) $1,000 $2,000 $3,000 $4,000
apextraderfunding.com - US traders What the firms say, not a view on legality. SameBulenox: Says it serves US traders
In fullbulenox.com
yes (stated: funded US citizens get a US tax form, Form 1099-NEC; US not on its restricted list)
U.S. citizens receive Form 1099-NEC, while non-U.S. citizens receive Form W-8BEN
bulenox.comApex Trader Funding: Says it serves US tradersIn fullapextraderfunding.com
yes (stated: 'Services are intended for U.S. users only'; US not on restricted list)
Services are intended for U.S. users only and are not offered where prohibited by local laws or regulations.
apextraderfunding.com - PlatformsBulenox: 20+ platforms (names not listed on page read)
Sourcebulenox.com
No background check · No minimum days · News trading allowed · 20+ platforms
bulenox.comApex Trader Funding:
Tradovate, Rithmic, WealthCharts…In fullapextraderfunding.com
Tradovate, Rithmic, WealthCharts (chosen as the vendor at checkout)
One Pack ▲ Tradovate → Rithmic → Wealthcharts
apextraderfunding.com
Bulenox states 14 and Apex Trader Funding 13 of the 16 terms we compare on their own pages, read 15 October 2026 and 11 November 2026, according to TradingLookup's US Futures Prop Access Ledger (November 2026).
Every term side by side
| Term | Bulenox | Apex Trader Funding |
|---|---|---|
| Cost | ||
| Cheapest 50K route to funded judged | $323 $175 (one-off (access valid 30 days)) + $148 activationIn fullbulenox.comQualification 50K: $175 (one-off (access valid 30 days)) + $148 activation | Not stated on the pages we read |
| Plans priced | 4 plans, from $145 In fullbulenox.comQualification 100K: $215 (one-off (access valid 30 days)); Qualification 150K: $325 (one-off (access valid 30 days)); Qualification 25K: $145 (one-off (access valid 30 days)); Qualification 50K: $175 (one-off (access valid 30 days))
| 1 plan, from $16.7 In fullapextraderfunding.comIntraday Trail 25K: $16.7 (one-off)
|
| Activation fee | One-time Master Account activation fee: $143 (25K), $148 (50K), $248… In fullbulenox.comOne-time Master Account activation fee: $143 (25K), $148 (50K), $248 (100K), $498 (150K); no monthly subscription
| Performance Account: one-time $89 on the 25K Intraday Trail Standard… In fullapextraderfunding.comPerformance Account: one-time $89 on the 25K Intraday Trail Standard plan, paid after passing; a 'No Activation Fee' option is also offered
|
| Reset fee | Qualification Account reset $78 (balance restored In fullbulenox.comQualification Account reset $78 (balance restored; 30-day access not extended)
| No resets on new evaluations (they expire after 30 days) In fullapextraderfunding.comNo resets on new evaluations (they expire after 30 days); legacy evaluations can still be reset
|
| Rules | ||
| Drawdown | trader chooses at purchase: intraday trailing (real-time, incl. open… In fullbulenox.comtrader chooses at purchase: intraday trailing (real-time, incl. open positions) or end-of-day with scaling and daily loss limit
| EOD trailing (EOD path) or intraday trailing (Intraday path) In fullapextraderfunding.comEOD trailing (EOD path) or intraday trailing (Intraday path); EOD max drawdown $1,000/$2,000/$3,000/$4,000 for 25K/50K/100K/150K, daily loss limit $500/$1,000/$1,500/$2,000
|
| Consistency rule | Master Account payouts: best day 40% or less of total P&L for the… In fullbulenox.comMaster Account payouts: best day 40% or less of total P&L for the payout period (not a breach if unmet)
| EOD evaluation: none In fullapextraderfunding.comEOD evaluation: none; Funded (PA) payouts: 50% (no single day 50% or more of profit since the last payout)
|
| Payouts | ||
| Profit split | Up to 90% Sourcebulenox.com
| 100% to trader (EOD Performance Accounts) Sourceapextraderfunding.com
|
| Payout schedule | Daily payouts on Fast Track and Momentum accounts: request on any… In fullbulenox.comDaily payouts on Fast Track and Momentum accounts: request on any trading day, processed the same day
| EOD PA: up to weekly, after 5 qualifying days ($100-$350 min daily… In fullapextraderfunding.comEOD PA: up to weekly, after 5 qualifying days ($100-$350 min daily profit by size); max 6 payouts per PA
|
| Payout minimum | $1,000 $500 higher Sourcebulenox.com
| $500 $500 lower Sourceapextraderfunding.com
|
| Payout method | ACH or wire transfer, PayPal In fullbulenox.comACH or wire transfer, PayPal; no Bulenox transfer fee
| Not stated on the pages we read |
| Pass or payout rates it publishes | Not stated on the pages we read | Not stated on the pages we read |
| Access | ||
 US traders | Says it serves US traders In fullbulenox.comyes (stated: funded US citizens get a US tax form, Form 1099-NEC; US not on its restricted list)
| Says it serves US traders In fullapextraderfunding.comyes (stated: 'Services are intended for U.S. users only'; US not on restricted list)
|
| Platforms | ||
| Platforms | 20+ platforms (names not listed on page read) Sourcebulenox.com
| Tradovate, Rithmic, WealthCharts (chosen as the vendor at…In fullapextraderfunding.comTradovate, Rithmic, WealthCharts (chosen as the vendor at checkout)
|
| Company | ||
| Company | Bulenox LLC Sourcebulenox.com
| Apex Trader Funding Inc. Sourceapextraderfunding.com
|
| Where it is registered | Address Wilmington, DE (state of organisation not stated on page read) Sourcebulenox.com
| Address Austin, TX (mailing address only In fullapextraderfunding.comAddress Austin, TX (mailing address only; state of incorporation not stated)
|
| Regulatory status it states | Not stated on the pages we read | Firm states it is not a broker-dealer, futures commission merchant or… In fullapextraderfunding.comFirm states it is not a broker-dealer, futures commission merchant or financial advisor; simulated trading only
|
Neither firm states: pass or payout rates it publishes.
Not stated means not on the pages we read; it does not mean "no". Where both firms state one plain figure, less marks the lower cost or payout minimum, or the higher profit split, and more the other side. Values are each firm's own words (measured) unless tagged judged.
More on each firm
Bulenox10 pages read · 14 of 16 terms stated
Apex Trader FundingPartly read: 7 pages · 13 of 16 terms stated
Other comparisons
Any two of the 50 futures prop firms in the ledger: the prop firm comparison. The pairs traders search for most each have a page:
| Comparison | Cheaper route to funded judged | Bigger profit split |
|---|---|---|
| Topstep vs Apex Trader Funding | Only Topstep prices one | Apex Trader Funding, 100% vs 90% |
| Take Profit Trader vs Topstep | Only Topstep prices one | Only Topstep states one figure |
| Tradeify vs Topstep | Only Topstep prices one | Same, 90% |
| Take Profit Trader vs Apex Trader Funding | Neither prices one | Only Apex Trader Funding states one figure |
| MyFundedFutures vs Topstep | Topstep, $68 less | Only Topstep states one figure |
| Tradeify vs Take Profit Trader | Neither prices one | Only Tradeify states one figure |
| Lucid Trading vs Topstep | Only Topstep prices one | Same, 90% |
| Alpha Futures vs Topstep | Only Topstep prices one | Same, 90% |
| Apex Trader Funding vs MyFundedFutures | Only MyFundedFutures prices one | Only Apex Trader Funding states one figure |
| Apex Trader Funding vs Tradeify | Neither prices one | Apex Trader Funding, 100% vs 90% |
| Lucid Trading vs Tradeify | Neither prices one | Same, 90% |
| MyFundedFutures vs Take Profit Trader | Only MyFundedFutures prices one | No single figure at either |
| Lucid Trading vs Take Profit Trader | Neither prices one | Only Lucid Trading states one figure |
Where this comes from
- One source
- The US Futures Prop Access Ledger (provisional): 2387 of 2616 quotes matched the saved page text. CSV.
- US access
- Graded as on the ledger: says it serves US traders, US not on its restricted list, or not stated.
- The 50K route
- Price plus activation fee, first-time pass (judged). See cost per payout.
- How much each firm states
- Counted term by term on the Fine Print Index.
Spotted a mistake? Tell us, with evidence. Fixes are logged on the corrections page.