Compare firms
Two whole firms side by side: what each publishes across markets, platforms, fees, loss models, permissions and payouts. Rex describes differences and never declares a winner.
Comparing two purchasable plans instead? Compare challenges.
Bulenox is a futures prop firm funding traders up to $150,000 across four one-time evaluation accounts — Qualification, Fast Track, Momentum and Master — with no daily loss limit, no minimum trading days and the first $10,000 of payouts kept in full.
Apex Trader Funding is a futures prop firm whose $25,000 evaluation asks for a $1,500 profit target against a $1,000 intraday trailing drawdown, with no daily loss limit, a 50% best-day consistency ceiling, one minimum trading day and a $59 one-time activation fee. Rewards are requested every five trading days and are kept in full while the account is sim-funded.
Shareable link
Quick highlights
The differences most likely to change a decision, stated neutrally. Rex names no winner, because which of these matters depends entirely on how you trade.
Market
BulenoxFutures
Apex Trader FundingFutures
Both operate in the same market, so their published rules use comparable units.
Entry price
BulenoxFutures · USD · one-time · $145
Apex Trader FundingFutures · USD · one-time · $167 | Futures · USD · monthly · $167/mo
Entry price is the advertised figure only. Activation and reset charges are recorded separately and often decide the real cost.
Profit split (base)
Bulenox100%
Apex Trader Funding100%
A published base share is a commitment. A ceiling with no stated base is not, and Rex records it as not published rather than as the headline number.
Choice of plans
Bulenox4 options
Apex Trader Funding17 options
More options means more chance of a size and structure that suits you; it says nothing about the quality of any single plan.
Evaluation structures
Bulenox1-step
Apex Trader Funding1-step
One-step and two-step evaluations distribute the same difficulty differently. Neither is easier as a rule.
Evidence coverage
Bulenox48% documented
Apex Trader Funding15% documented
This measures how much of each firm Rex could source, not how good the firm is. A lower figure means less was published, not worse terms.
What the split difference is actually worth
Your assumptions, each firm's published split. Not a forecast, and not a reason on its own to pick either firm.
A 8% return on $100,000 is $8,000 gross per cycle, before each firm’s split.
Bulenox
- Split applied
- 100%
- Your share per cycle
- $8,000
- Across 3 cycles
- $24,000
- Less the entry price
- − $145
- Net
- $23,855
Apex Trader Funding
- Split applied
- 100%
- Your share per cycle
- $8,000
- Across 3 cycles
- $24,000
- Less the entry price
- − $167
- Net
- $23,833
This is arithmetic on your own assumptions, not a forecast. It ignores the thing that actually decides the outcome — whether you can reach a payout at all under each firm’s loss limit — and it ignores activation fees, resets and trading costs. Use it to see how much the split difference is worth, then go and read the drawdown model.
Published summary
Straight from the record. A blank is a real gap, not a formatting choice, and each sourced value can be opened to the page it was read from.
- Operating status
- Bulenox
- Apex
The status this firm is currently recorded as operating under. A provisional status is read from a secondary source and not yet confirmed on the firm's own page.
- Markets
- Bulenox
- FuturesDerived
- Apex
- FuturesDerived
Both operate in the same market, so their published rules use comparable units.
- Headquarters
- Bulenox
- Apex
The country the firm publishes as its headquarters.
- Founded
- Bulenox
- Apex
The year the firm states it was founded; a blank means it was not published, not that the firm is new.
- Challenge options
- Bulenox
- 4 optionsDerived
- Apex
- 17 optionsDerived
More options means more chance of a size and structure that suits you; it says nothing about the quality of any single plan.
- Evaluation structures
- Bulenox
- 1-stepDerived
- Apex
- 1-stepDerived
One-step and two-step evaluations distribute the same difficulty differently. Neither is easier as a rule.
- Published starting prices
- Bulenox
- FuturesDerived
- Apex
- FuturesFuturesDerived
The advertised entry price only. Activation and reset charges are recorded separately and often decide the real cost; monthly and one-time prices are not the same cost and are never compared.
- Profit split (base)
- Bulenox
- 100%Derived
- Apex
- 100%Derived
A published base share is a commitment. A ceiling with no stated base is not, and Rex records it as not published rather than as the headline number.
- Research depth
- Bulenox
- Partial research
- Apex
- Partial research
Evidence coverage of the firm, assigned by Rex research. It is not a quality, safety or Rex Score judgement.
- Data Confidence
- Bulenox
- 48% documentedDerived
- Apex
- 15% documentedDerived
How much of each firm Rex could source, not how good the firm is. A lower figure means less was published, not worse terms.
Change history
Terms change quietly. Each change is recorded only when two accepted observations differ; an empty list is the honest state for a first-seen record.
The record
Recent changes
What changed on this firm's own pages, when Rex read the difference, and what it changed from.
No material changes recorded yet. Rex records a change only when two accepted observations of the same field differ, so a first-seen record has nothing to show. See this firm’s change history.
Platforms, instruments and permissions
Bulenox
- Platforms
- Not collected
- Instruments
- Not collected
- Loss models
- Trailing — Trailing · measurement not published · $2,500 · Daily loss — No daily limit
- Permissions
- News trading: Not collected · Overnight holding: Not collected · Weekend holding: Not collected
- Payout policy
- Profit split: 100% · Payout cadence: First payout eligibility not published · then every First $10,000 in payouts is 100% yours
Apex Trader Funding
- Platforms
- Not collected
- Instruments
- Not collected
- Loss models
- Trailing · intraday — Trailing · intraday · $1,000 · Trailing · end of day — Trailing · end of day · 3% · Daily loss — 1.5% · basis not published
- Permissions
- News trading: Not collected · Overnight holding: Not collected · Weekend holding: Not collected
- Payout policy
- Profit split: 100% · Payout cadence: First payout eligibility not published · then every A payout may be requested every 5 trading days
Reviews
Offers and activity
Country availability
Where each firm opens accounts. A firm that says nothing about your country is unknown, never available. Rows marked preview are examples, not firm statements.
Bulenox
PREVIEWExample: available0Example: restricted0Check your countryApex Trader Funding
PREVIEWExample: available0Example: restricted0Check your country
Related comparisons
Common pairings across both markets, generated from the record rather than from traffic.
- Alpha Capital Group Alpha Direct 100K vs AquaFunded Elite 100KSame currency and fee type, so prices order directly.
- Atmos Funded 1-Step Standard 100K vs Audacity Capital Ability Challenge 100KDifferent fee types or currencies; those fields are marked incompatible.
- Axi Select Acceleration 100K vs BEM Funding Classic Normal 100KDifferent fee types or currencies; those fields are marked incompatible.
- Blue Guardian 1 Step 100K vs Blueberry Funded 1 Step Classic 100KSame currency and fee type, so prices order directly.
- BrightFunded 1 Step 100K vs Crypto Fund Trader 1-Phase 100KSame currency and fee type, so prices order directly.
- City Traders Imperium 2-Step Challenge 10K vs E8 Markets E8 One 100KDifferent fee types or currencies; those fields are marked incompatible.
Bulenox and Apex Trader Funding are described here from what each publishes. Where a field is blank for one firm and filled for the other, that is a difference in disclosure rather than a difference in quality.