Apex vs Bulenox: the rules compared
Apex and Bulenox differ most in drawdown type, daily loss limit and evaluation fee. Apex offers end-of-day and intraday drawdowns, while Bulenox offers intraday and end-of-day drawdowns. Apex sets a daily loss limit on 8 of 18 evaluations ($500 to $2,000), while Bulenox sets a daily loss limit on 8 of 16 evaluations ($500 to $3,300).
The verdicts at 50K
Cheaper to start
$123.90 against $143 to reach a funded account, and nothing more if it takes longer than a month.
Runs your bot
Apex does not allow automated trading.
Each firm’s 50K plan whose rules treat a trader with no edge best, or its least expensive when none is simulated.
8 rules differ
- Price$24.90 once$143 once
- Activation$99$0
- ResetNo reset soldNot stated by the firm
- Maximum loss$2,000, intraday$2,250, intraday
- Contracts6 contracts7 contracts
- First payout5 winning days of $200 or more5 winning days of $150 or more
- Profit split100%90%
- Automated tradingBannedAllowed with conditions
Plans on record
Apex sells 22 plans from 25K to 300K, while Bulenox sells 24 plans from 25K to 150K.
Evaluation fee
Apex charges $17.70 to $79.70 a month and $16.70 to $249 once, while Bulenox charges $94 to $788 once.
Billing
Apex sells both monthly and one-time plans, while Bulenox charges its evaluations once.
Activation fee
Apex charges a $0 to $199 activation fee, while Bulenox charges a $0 to $498 activation fee.
Drawdown type
Apex offers end-of-day and intraday drawdowns, while Bulenox offers intraday and end-of-day drawdowns.
Daily loss limit
Apex sets a daily loss limit on 8 of 18 evaluations ($500 to $2,000), while Bulenox sets a daily loss limit on 8 of 16 evaluations ($500 to $3,300).
Minimum trading days
Apex asks for at least 0 to 7 trading days, while Bulenox has no minimum number of trading days.
First payout
Apex pays a first payout after 5 trading days, depending on the size, while Bulenox pays a first payout after 0 to 10 trading days, depending on the size.
Profit split
Apex pays a 100% profit split, while Bulenox pays a 90% profit split.
Funded accounts at once
Apex allows up to 20 funded accounts at once, while Bulenox allows up to 5 funded accounts at once.
Automated trading
Apex bans automated trading, while Bulenox allows automated trading with conditions.
What they share
- Consistency: None in the evaluation
Apex: Banned
Apex bans automated and algorithmic trading. Automation and algorithms are banned; rewards are meant for human traders, not preprogrammed systems. A strategy tested on AlgoLift can only be traded there by hand.
Checked 16 Oct 2026 · Source: apextraderfunding.com
Bulenox: Allowed with conditions
Bulenox allows automated and algorithmic trading with conditions. Bots, algorithms and trade copiers are permitted only as user-built tools for the account owner's own use; commercial, shared, rented or publicly distributed automation is banned, and a third-party API or composite software link to Rithmic costs $100 a month.
Checked 21 Oct 2026 · Source: bulenox.com
Apex and Bulenox, topic by topic across each firm’s plans on saleShowHide
| Topic | Apex | Bulenox |
|---|---|---|
| Plans on record | 22 plans, 25K to 300K | 24 plans, 25K to 150K |
| Evaluation fee | $17.70 to $79.70 a month and $16.70 to $249 once | $94 to $788 once |
| Billing | Monthly and one-time plans | Paid once |
| Activation fee | $0 to $199 | $0 to $498 |
| Drawdown type | End of day and intraday | Intraday and end of day |
| Daily loss limit | $500 to $2,000 on 8 of 18 evaluations | $500 to $3,300 on 8 of 16 evaluations |
| Consistency | None in the evaluation | None in the evaluation |
| Minimum trading days | 0 to 7 trading days | No minimum |
| First payout | After 5 trading days, depending on the size | After 0 to 10 trading days, depending on the size |
| Profit split | 100% | 90% |
| Funded accounts at once | Up to 20 | Up to 5 |
| Automated trading | Banned | Allowed with conditions |
25K
- Apex EOD 25K$49 once, $1,000, end of day
- Apex Intraday 25K$16.70 once, $1,000, intraday
- Apex No Activation Fee 25K$109 once, $1,000, end of day
- Apex 5-Pack 25KNot stated by the firm, $1,000
- Apex Legacy 25K$17.70 a month, $1,500, intraday
- Bulenox Qualification Option 1 25K$145 once, $1,500, intraday
- Bulenox Qualification Option 2 25K$145 once, $1,500, end of day
- Bulenox Fast Track Option 1 25K$338 once, $1,000, intraday
- Bulenox Fast Track Option 2 25K$338 once, $1,000, end of day
- Bulenox Momentum Option 1 25K$94 once, $1,000, intraday
- Bulenox Momentum Option 2 25K$94 once, $1,000, end of day
50K
- Apex EOD 50K$59 once, $2,000, end of day
- Apex Intraday 50K$24.90 once, $2,000, intraday
- Apex No Activation Fee 50K$119 once, $2,000, end of day
- Apex 5-Pack 50KNot stated by the firm, $2,000
- Apex Legacy 50K$19.70 a month, $2,500, intraday
- Bulenox Qualification Option 1 50K$175 once, $2,500, intraday
- Bulenox Qualification Option 2 50K$175 once, $2,500, end of day
- Bulenox Fast Track Option 1 50K$488 once, $2,250, intraday
- Bulenox Fast Track Option 2 50K$488 once, $2,250, end of day
- Bulenox Momentum Option 1 50K$143 once, $2,250, intraday
- Bulenox Momentum Option 2 50K$143 once, $2,250, end of day
100K
- Apex EOD 100K$119 once, $3,000, end of day
- Apex Intraday 100K$79 once, $3,000, intraday
- Apex No Activation Fee 100K$159 once, $3,000, end of day
- Apex 5-Pack 100KNot stated by the firm, $3,000
- Apex Legacy 100K$39.70 a month, $3,000, intraday
- Bulenox Qualification Option 1 100K$215 once, $3,000, intraday
- Bulenox Qualification Option 2 100K$215 once, $3,000, end of day
- Bulenox Fast Track Option 1 100K$648 once, $4,000, intraday
- Bulenox Fast Track Option 2 100K$648 once, $4,000, end of day
- Bulenox Momentum Option 1 100K$248 once, $4,000, intraday
- Bulenox Momentum Option 2 100K$248 once, $4,000, end of day
150K
- Apex EOD 150K$219 once, $4,000, end of day
- Apex Intraday 150K$119 once, $4,000, intraday
- Apex No Activation Fee 150K$249 once, $4,000, end of day
- Apex 5-Pack 150KNot stated by the firm, $4,000
- Apex Legacy 150K$59.70 a month, $5,000, intraday
- Bulenox Qualification Option 1 150K$325 once, $4,500, intraday
- Bulenox Qualification Option 2 150K$325 once, $4,500, end of day
- Bulenox Fast Track Option 1 150K$788 once, $5,500, intraday
- Bulenox Fast Track Option 2 150K$788 once, $5,500, end of day
- Bulenox Momentum Option 1 150K$358 once, $5,500, intraday
- Bulenox Momentum Option 2 150K$358 once, $5,500, end of day
Only Apex sells 250K, 300K.
Apex or Bulenox?
At 50K, the Apex No Activation Fee 50K costs $119 to fund on a first attempt and the Bulenox Momentum Option 1 50K $143 (not stated by the firm).
Apex offers end-of-day and intraday drawdowns, while Bulenox offers intraday and end-of-day drawdowns. Apex sets a daily loss limit on 8 of 18 evaluations ($500 to $2,000), while Bulenox sets a daily loss limit on 8 of 16 evaluations ($500 to $3,300). Apex charges $17.70 to $79.70 a month and $16.70 to $249 once, while Bulenox charges $94 to $788 once. Apex sells both monthly and one-time plans, while Bulenox charges its evaluations once. Apex pays a first payout after 5 trading days, depending on the size, while Bulenox pays a first payout after 0 to 10 trading days, depending on the size. Apex pays a 100% profit split, while Bulenox pays a 90% profit split. Apex charges a $0 to $199 activation fee, while Bulenox charges a $0 to $498 activation fee. Apex asks for at least 0 to 7 trading days, while Bulenox has no minimum number of trading days. Apex bans automated trading, while Bulenox allows automated trading with conditions. Apex allows up to 20 funded accounts at once, while Bulenox allows up to 5 funded accounts at once.
On a first attempt with no reset, the Apex No Activation Fee 50K costs $119 ($119 evaluation) against $143 for the Bulenox Momentum Option 1 50K ($143 evaluation). Resets and extra months can change the order.
Apex bans automated and algorithmic trading. Automation and algorithms are banned; rewards are meant for human traders, not preprogrammed systems. A strategy tested on AlgoLift can only be traded there by hand. Bulenox allows automated and algorithmic trading with conditions. Bots, algorithms and trade copiers are permitted only as user-built tools for the account owner's own use; commercial, shared, rented or publicly distributed automation is banned, and a third-party API or composite software link to Rithmic costs $100 a month.
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Replay of trade 1210 from an AlgoLift engine backtest of a research strategy on NQ, 13 February 2025: real bars, the trade still open.
Simulated results. They have inherent limitations. Read the full statementHide the statement
These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
Test yours
Run your strategy through both rulebooks at once.
One backtest, both accounts, every rule, before you pay either fee.
- 1Describe it to Algo, or build it yourself
- 2Backtest it on years of real futures data
- 3Replay every trade under your firm's rules
Rules checked against the firms’ own pages, most recently on 21 October 2026. This is a summary of each firm’s published rules, not financial advice and not a recommendation of any firm. Firms change their rules and prices; read the firm’s own page before you buy. Facts are paraphrased and linked to their source. Firm names are used only to say which firm a rule belongs to; they belong to their owners, and AlgoLift is not affiliated with or endorsed by any firm.
