Bulenox Review

Pros

• Cheapest evaluations in the industry on 25K-50K with the -89% lifetime discount (Option 1).
• 5 years delivering since 2021 — solid track record with no scandals.
• Trustpilot 4.7/5 — one of the highest scores in the catalog.
• up to 11 simultaneous accounts (you start with 3 active and unlock one more each time the drawdown on one of them reaches its starting balance).
• Profit split 100% on the first $10,000, then 90%.
• Broad payment methods: bank transfer, PayPal and Wise (covers LatAm without friction).
• Reset fee fixed at $78 — doesn't scale with account size.

Cons

• High activation fees on 100K+ accounts ($248-$898) — they become prohibitive.
• Rithmic only: NinjaTrader, R Trader and sixteen more on the same feed (ATAS, Sierra Chart, Bookmap, MultiCharts…). No Tradovate, no native TradingView.
• Minimum withdrawal $1,000 per payout — higher than the industry average.
• Payouts only on Wednesdays, and you cannot request the first one until you have 10 trading days — slower than Lucid or MFF Rapid.

Three multi-account plans on 50K with the active discounts at ElTraderFinanciado (verified May 2026). Bulenox and Apex use intraday trailing in eval; MFF Rapid uses EOD trailing in eval and intraday trailing in funded.

¹ Apex Intraday expires 30 days after purchase. If you don't pass, you have to repurchase (~$30/attempt). Estimate for 3 months: 3 × ~$30 + $99 AF on passing = ~$189.

In short: three very different models. Apex is the cheapest if you pass in the first month (one-time payment ~$30 + $99 AF = ~$129), but the eval expires in 30 days — if you take longer, you have to repurchase and the cost scales. MFF Rapid is a monthly fee with daily withdrawal and no activation fee, the nimblest for getting paid, but only 5 accounts and EOD drawdown in eval. Bulenox is a monthly fee with no eval expiry, with the best payment coverage for LatAm and the reset fee fixed at $78. The choice depends on what you prioritize: passing speed under time pressure (Apex), withdrawal agility (MFF) or no time pressure + LatAm coverage (Bulenox).

👉 Compare the three in the comparison tool →

I'd recommend it if:

• You want the cheapest evaluations in the industry on 25K-50K to start or retry several times.
• You live in LatAm and need payment methods via PayPal, Wise or bank transfer without friction.
• You're looking for multi-account and Apex's 20 are too many for you — Bulenox's 11 via master account is a practical balance.
• You trade on NinjaTrader or R Trader and don't need Tradovate.
• You value a veteran track record (5 years) with a very high Trustpilot score.

I wouldn't recommend it if:

• Your usual platform is Tradovate or native TradingView — Bulenox doesn't support them.
• You want to trade on large accounts (100K+) — the activation fees become prohibitive.
• You need very frequent withdrawals: Bulenox only processes on Wednesdays and requires 10 trading days, with a $1,000 minimum.
• You want a full 100% profit split and not in tranches (first $10K).

If you're starting out with Bulenox, go for the Option 1 25K or 50K. They're the cheapest evaluations in the industry:

• Option 1 25K at $145/month → $15.95/month with ETFOFF -89% lifetime. Activation fee $143.
• Option 1 50K at $175/month → $19.25/month with ETFOFF -89% lifetime. Activation fee $148.
• Intraday trailing with no daily loss limit — useful for scalping and aggressive day trading.
• 1 minimum trading day, no time limit.
• At that monthly price you can make several attempts while you find your system.

And if you have never had a Rithmic account, before paying anything you get the free Rithmic trial: 14 calendar days or 10 trading days, whichever comes first. It is there to check the platform runs on your machine (Rithmic is Windows-only) without spending a cent.

If you already have experience and prefer a gentler drawdown:

• Option 2 uses EOD trailing (only at the day's close) and does have a Daily Loss Limit ($1,100 on 50K). Current coupon: ETFCODE -75% lifetime.
• Option 2 includes a scaling plan: you start with 2 contracts, move up to 4 with $1,500 in profit, unlock all 7 with $4,001 accumulated.

For multi-account: once funded on one account, you can stack up to 11 Master accounts: you start with 3 active and unlock one more each time the drawdown on one of them reaches its starting balance.

👉 See current Bulenox discounts (ETFOFF -89% Option 1, ETFCODE -75% Option 2)