Side by side
We compared the closest like-for-like plans: Qualification account, 50K and EOD Evaluation, 50K (new accounts, 2026 lineup). Prices are list prices; promotions come and go, and we don't show codes we haven't verified at checkout.
| Rule | Bulenox | Apex Trader Funding |
|---|---|---|
| Plan compared | Qualification account, 50K | EOD Evaluation, 50K (new accounts, 2026 lineup) |
| Evaluation price (list) | $175 one-time | Not published as text: Apex shows prices only in its checkout configurator, which we couldn't load. Apex says fees are one-time, with no monthly rebill. |
| Reset fee | $78 (doesn't extend the 30-day access period) | None: Apex's homepage says there are no resets on the new evaluations. |
| Activation fee | $148 one-time for the Master account | Apex offers a Standard option (with an activation fee) or a No Activation Fee option. The amount isn't published as text. |
| Profit target | $3,000 | $3,000 |
| Drawdown type and amount | $2,500. Option 1: trails in real time. Option 2: end-of-day. Once the Master account reaches $52,600, the drawdown locks at $50,100. | End-of-day trailing, $2,000 |
| Daily loss limit | Option 1: none. Option 2: $1,100; hitting it pauses trading until the next session. | $1,000. Hitting it pauses trading for the day; it doesn't fail the account. |
| Consistency rule | None in Qualification. Master payouts use a 40% consistency rule. | None in the evaluation. Performance Account (PA) payouts use a 50% consistency rule. |
| Minimum trading days | None in Qualification. Master payouts need 10 trading days. | None in the evaluation. The PA must be activated within 7 days of passing. |
| Max position size | 7 contracts | 6 contracts in the evaluation; 4 in the 50K EOD PA |
| Profit split | 90% | 100%: Apex's homepage says there's no split in Sim Funded |
| Payout frequency, minimums and caps | Weekly on Wednesdays from the Master account: $1,000 minimum, $1,500 cap on each of the first 3 payouts, $2,600 safety reserve (balance of at least $53,600 to request) | 5 qualifying days ($250+ each on 50K) per payout, $500 minimum, safety net $52,100, per-payout caps of $1,500, $1,500, $2,000, $2,500, $2,500 and $3,000, up to 6 payouts |
| Platforms | 20+ platforms on a Rithmic connection; no direct TradingView connection | Not published on the pages we checked |
| News trading | Allowed with no blackout windows. All positions must be flat by 3:59 PM CT. | Allowed as part of your normal strategy. 'Chasing' news or bracketing both sides to gamble on the outcome isn't. |
| Bots, EAs and copy trading | Allowed if you built them for your own use. Commercial, shared or rented bots aren't. A third-party API or trade-copier connection to Rithmic costs $100/month. | Not allowed: Apex's prohibited-activities page says no automation or algorithms. Trade copying with other traders is forbidden. |
Last verified Oct 25, 2026 on each firm's own pages. "Not published" means we couldn't find it stated by the firm. Want the total cost with resets and activation? Use the calculator.
Who each is better for
Bulenox is the better fit for
Traders who want every fee published up front, a choice of drawdown model, news trading with no blackout, and permission to run a bot they built themselves.
Apex is the better fit for
Traders who want 100% of PA payouts (within Apex's caps), no reset fees on new evaluations, and are comfortable trading manually only.
Neither is "best" for everyone. The right pick depends on how you trade: your strategy's daily swings, whether you trade news or use automation, and how fast you need payouts.
Red flags and rule changes we track
Bulenox
- Recent Trustpilot reviews are mixed: 6 of the latest 20 were one-star, mostly about consistency-related payout disputes.
- Positions can't be held overnight; you must be flat by 3:59 PM CT.
- Declaring professional data status costs $116/month, and the status is locked for the life of the account.
- Moving from Master to a Funded account after 3 payouts is at Bulenox's discretion, not automatic.
Apex Trader Funding
- Legacy and new accounts follow different rules. Apex brought legacy accounts back for a limited time in October 2026, so check which product you're buying.
- PA payouts need 50% consistency and are capped per payout, with a maximum of 6 payouts on the 50K EOD PA.
- No automation of any kind, which rules out bots and trade copiers shared with others.
- The price and activation fee are only shown inside the checkout configurator, so confirm the total before paying.
Rule changes we've logged:
- Apex Trader FundingEvaluation
New account lineup; legacy accounts keep their rules
Accounts bought on or after Mar 1, 2026 use Apex's new products: EOD or intraday drawdown options, one-time fees and no evaluation consistency rule. Performance Accounts use a 50% consistency rule for payouts. In October 2026 Apex's homepage advertised legacy evaluations as available again as a limited-time promotion.
Who it affects: Accounts purchased on or after Mar 1, 2026. Apex says legacy accounts aren't affected.
Source: Apex Trader Funding
Full Apex Trader Funding rules explained
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Sources
Pages we used, checked Oct 25, 2026: the firm's official pages first, plus any named third-party source. If anything here disagrees with the firm's current page, the firm's page wins.