Apex Trader Funding vs Bulenox
The main difference between Apex Trader Funding and Bulenox is drawdown type: Apex Trader Funding uses trailing intraday (floor moves with every tick) while Bulenox uses trailing eod (floor moves up at end of day). Apex Trader Funding charges from $147, Bulenox from $125. Profit splits: 100-90% vs 80-90%. Updated March 2026.
Apex Trader Funding uses trailing intraday (floor moves with every tick) with a no daily loss limit and 100-90% profit split. Bulenox uses trailing eod (floor moves up at end of day) with a 2.2% daily loss limit and 80-90% profit split. Apex Trader Funding starts from $147; Bulenox from $125.
Apex Trader Funding uses trailing intraday (floor moves with every tick) while Bulenox uses trailing eod (floor moves up at end of day). Your choice depends on how aggressively you trade and how much drawdown flexibility you need. Both offer the same maximum profit split of 90%.
| Apex Trader Funding | Bulenox | |
|---|---|---|
| Evaluation Type | 1-step | 1-step |
| Drawdown Type | Trailing Intraday (floor moves with every tick) | Trailing EOD (floor moves up at end of day) |
| Daily Loss Limit | None | 2.2% |
| Max Drawdown | Fixed $ | 3.5% |
| Profit Target | None | 6% |
| Min Trading Days | 7 | 5 |
| Profit Split | 100-90% | 80-90% |
| Payout Frequency | Monthly (after first month) | Bi-weekly |
| News Trading | restricted | allowed |
| Overnight Holding | No | No |
| Weekend Holding | No | No |
| EA / Bots | Allowed | Allowed |
| Markets | futures | futures |
| Platforms | NinjaTrader, Tradovate, Rithmic, TradingView | NinjaTrader, Rithmic |
| Cheapest Account | $147 ($25,000) | $125 ($25,000) |
Scalping / Day Trading
Both work for day trading.
Swing Trading
Neither allows weekend holding — consider FTMO or The5%ers for swing trading.
Budget-Conscious
Bulenox is cheaper to start ($125 vs $147).
Apex Trader Funding is the better fit if you trade futures exclusively. The intraday trailing drawdown demands tight risk management, but rewards disciplined scalpers who rarely give back large unrealized gains.
- +No daily loss limit in evaluation
- +100% of first $25K profit, then 90%
- +Frequent 80-90% off sales — cheapest entry point
- +Multiple platform options including TradingView
Apex Trader Funding supports NinjaTrader, Tradovate, Rithmic, TradingView and processes payouts monthly (after first month). Automated trading with EAs is permitted.
Bulenox is the better fit if you trade futures exclusively. The EOD trailing drawdown gives you flexibility during the session since the floor only updates at the close, which suits active day traders who have intraday swings.
- +Very affordable challenge fees with frequent sales
- +EOD trailing drawdown (not intraday)
- +No consistency rule
- +$25K account option for small capital traders
Bulenox supports NinjaTrader, Rithmic and processes payouts bi-weekly. News trading is fully allowed, so you can trade NFP, FOMC, and CPI without restrictions. Automated trading with EAs is permitted.
Choosing between Apex Trader Funding and Bulenox comes down to three things: the markets you trade, how much drawdown flexibility you need, and your budget. Bulenox is cheaper to get started at $125 vs $147.
The biggest structural difference is drawdown type: Apex Trader Funding uses trailing intraday (floor moves with every tick) while Bulenox uses trailing eod (floor moves up at end of day). Both use trailing drawdown, so the deciding factors are daily loss limits, fees, and platform preference. If you are still undecided, take the firm finder quiz for a personalized recommendation based on your trading style, risk tolerance, and budget.