Apex Trader Funding vs Bulenox
Apex Trader Funding
Computed verdict
Apex Trader Funding costs less per unit of risk: $51.57 vs $70 per $1,000 of drawdown. On the overall score, Apex Trader Funding comes out ahead (78 vs 67).
The verdict is computed from verified data and recomputes when the data changes. It is not an opinion and no commercial arrangement alters it. Methodology
Rule by rule
Trailing drawdown of $1,000–$4,000 by size (EOD or intraday line) that locks at starting balance + $100 in the PA, with unrealized P&L counting toward a breach even on the EOD line.
On Fast Track, the account we rank, each size sells with two drawdown engines at the same price: Option 1 is a real-time intraday trail that counts floating P&L and documents no stop, and Option 2 is end-of-day, carries a daily loss limit and locks at initial balance + $100. The amounts run from $1,000 at $25,000 to $5,500 at $150,000; Fast Track does not sell the $250,000 size. The Qualification account is a different product with a different ladder. At $50,000, Bulenox's own pages disagree: the pricing page says a $2,500 drawdown and names no daily loss limit; the Fast Track help article says $2,250 on both options, plus a $1,200 daily loss limit and a 4-mini cap on Option 2. Size to $2,250 until you have checked which risk model you bought.
Soft daily limit of $500–$2,000 by size that pauses your session without failing the account; intraday evaluations have no daily loss limit at all.
On Fast Track, the plan we track, only Option 2 (EOD) carries a daily limit: none on the $25,000, $1,200 on the $50,000, $2,500 on the $100,000 and $3,300 on the $150,000. Option 1 (trailing) carries none. The Qualification account has its own ladder, lower at $50,000 ($1,100), and its table could not be read today. The limit is soft: it suspends the rest of the day without failing the account.
No consistency rule in the evaluation; in the PA no single day may account for 50% or more of total profit since your last approved payout, checked when you request one.
The 40% rule applies only when requesting a Master Account payout: no single day may account for more than 40% of total profit, blocking the payout without breaching the account.
50K: $3,000 profit target against a $2,500 drawdown, no minimum days.
On the Legacy account we rank: payouts from 8 trading days, of which 5 must close with $50 or more of profit, $500 minimum, and 8 trading days between requests. The split is 100% of the first $25,000 paid out per account and 90% of anything after that. The first five payouts are capped by size ($2,500 on the $100,000) and from the sixth the cap disappears. A 30% consistency rule also applies: no single day may account for more than 30% of profit, through the fifth payout. The 4.0 Sim-Funded account is a different product and works differently: a 100% split, 5 qualifying days, and a hard cap of 6 payouts after which the account closes.
Weekly Wednesday payouts ($1,000 minimum, after 10 traded days) at 100% of the first $10,000 then 90/10 — but declining the mandatory move to a live account after 3 payouts closes the Master with no payout.
50K: we publish no verified list price. Apex's checkout sits behind script and login, and our second-hand figures disagree by more than double. Apex's own homepage runs "Any Size Evals up to 90% Off | Use code: SAVENOW". A one-time PA activation fee exists and falls due within 7 calendar days of passing, and promo codes do not apply to it; we hold no verified amount for it. There are no reset fees: "If an Evaluation fails, the only way to continue is by purchasing a new one."
50K (Fast Track): $175 one-time with 30 days of access — the monthly-subscription model is gone (relaunch 2026-08-21); a launch code exists but no discount amount is stated.