Bulenox vs SurgeTrader
The main difference between Bulenox and SurgeTrader is drawdown type: Bulenox uses trailing eod (floor moves up at end of day) while SurgeTrader uses static (floor never moves). Bulenox charges from $125, SurgeTrader from $200. Profit splits: 80-90% vs 75-90%. Updated March 2026.
Bulenox uses trailing eod (floor moves up at end of day) with a 2.2% daily loss limit and 80-90% profit split. SurgeTrader uses static (floor never moves) with a 5% daily loss limit and 75-90% profit split. Bulenox starts from $125; SurgeTrader from $200.
If you want more forgiving drawdown rules, SurgeTrader is the better choice. Static drawdown means your profits create genuine breathing room, while Bulenox's trailing eod (floor moves up at end of day) raises the floor as you profit. Both offer the same maximum profit split of 90%.
| Bulenox | SurgeTrader | |
|---|---|---|
| Evaluation Type | 1-step | 1-step |
| Drawdown Type | Trailing EOD (floor moves up at end of day) | Static (floor never moves) |
| Daily Loss Limit | 2.2% | 5% |
| Max Drawdown | 3.5% | 8% |
| Profit Target | 6% | 10% |
| Min Trading Days | 5 | None |
| Profit Split | 80-90% | 75-90% |
| Payout Frequency | Bi-weekly | Monthly (no longer operational) |
| News Trading | allowed | restricted |
| Overnight Holding | No | Yes |
| Weekend Holding | No | No |
| EA / Bots | Allowed | Not allowed |
| Markets | futures | forex, indices, commodities, crypto |
| Platforms | NinjaTrader, Rithmic | MT4, MT5 |
| Cheapest Account | $125 ($25,000) | $200 ($25,000) |
Scalping / Day Trading
SurgeTrader allows overnight holding, giving more flexibility. SurgeTrader's static drawdown is more forgiving for scalpers.
Swing Trading
Neither allows weekend holding — consider FTMO or The5%ers for swing trading.
Budget-Conscious
Bulenox is cheaper to start ($125 vs $200).
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.
SurgeTrader is the better fit if you focus on forex and CFDs. The static drawdown means every dollar of profit adds to your safety cushion, making it ideal for traders who build equity gradually and want protection from losing streaks.
- +Was one of the first 1-step evaluation firms
- +Had accounts up to $1M
- +Static drawdown model
SurgeTrader supports MT4, MT5 and processes payouts monthly (no longer operational).
Choosing between Bulenox and SurgeTrader comes down to three things: the markets you trade, how much drawdown flexibility you need, and your budget. If you trade futures, Bulenox is your only option here. If you trade forex or indices or commodities or crypto, go with SurgeTrader. Bulenox is cheaper to get started at $125 vs $200.
The biggest structural difference is drawdown type: Bulenox uses trailing eod (floor moves up at end of day) while SurgeTrader uses static (floor never moves). Static drawdown is objectively more forgiving because profits create a permanent cushion. Trailing drawdown follows your equity peaks, meaning you can lose an account even while net profitable. If you are still undecided, take the firm finder quiz for a personalized recommendation based on your trading style, risk tolerance, and budget.