Bulenox vs Alpha Futures: prop firm rules compared

Bulenox's Option 1 plan trails the drawdown intraday: the floor follows the highest balance the account reaches during the session, open profit included, and never moves back down — a winning trade given back before it is closed still lifts it. For example, at Bulenox's Option 1 plan a $50,000 account starts with its floor at $47,500, $2,500 under the start.

On Bulenox's Option 2 plan and Alpha Futures the drawdown trails at end of day: the floor is recalculated once, from the closing balance, so open profit given back during the session does not raise it — but equity touching the floor during the session still counts. For example, at Bulenox's Option 2 plan a $50,000 account starts with its floor at $47,500, $2,500 under the start; at Alpha Futures a $50,000 account starts with its floor at $48,000, $2,000 under the start.

On Alpha Futures the trailing floor stops rising once it reaches breakeven and stays there.

A soft daily loss limit pauses the day instead of failing the account: reach it and open positions are flattened, trading stops until the next session, and the account stays open. Bulenox's Option 2 plan sets it at $1,100 on $50,000 and Alpha Futures' Zero plan sets it at $1,000 on $50,000. Bulenox's Option 1 plan and Alpha Futures' Standard and Advanced plans have no daily loss limit, so a losing day is bounded only by the max drawdown.

Bulenox and Alpha Futures start the trading day at the same moment, 6:00 PM ET (5:00 PM CT); a daily loss limit counts from that reset, not from midnight.

A consistency rule caps how much of the total profit one day may carry. Alpha Futures' Standard plan caps any single day at 50% of total profit, so it takes at least 2 profitable days to finish inside the rule. One day may then carry at most $1,500 of a $3,000 target. Alpha Futures' Advanced plan caps any single day at 40% of total profit, so it takes at least 3 profitable days to finish inside the rule. One day may then carry at most $1,600 of a $4,000 target. Bulenox and Alpha Futures' Zero plan apply no consistency rule in the evaluation, so one large day can count in full.

Alpha Futures requires at least 1 trading day on Zero, 2 on Standard and 3 on Advanced before a pass; Bulenox sets no minimum number of days.

Bulenox and Alpha Futures differ on 4 of the evaluation rules compared here: drawdown model, consistency rule, max drawdown at $50K and minimum trading days. If your trades often run into open profit that you give back before closing them, start with the drawdown: Bulenox trails intraday or at end of day, depending on the plan, while Alpha Futures trails at end of day. If one or two large days make up most of your profit, the consistency rule sets how fast you can finish: Bulenox has no consistency rule; Alpha Futures caps one day at 40–50% of total profit on some plans and has no cap on others. In dollars at $50K, Bulenox asks for $3,000 of profit with $2,500 of drawdown room, Alpha Futures for $3,000 with $2,000. To finish in as few sessions as possible, compare the minimum days: Bulenox sets no minimum, Alpha Futures needs 1 to 3 trading days, depending on the plan.

Once funded, the profit split is 100% of the first $10K, then 90/10 at Bulenox and 90/10 at Alpha Futures. Payout terms — Bulenox: Weekly (Wednesdays); Alpha Futures: Up to 4 requests/month after 5 winning days of $200+. Bulenox sells 2 plans: Option 1 and Option 2; Alpha Futures sells 3 plans: Zero, Standard and Advanced. Each plan carries its own version of the rules above, which is why they are listed plan by plan.

Read both rule sets against your own average day, then confirm the current terms on Bulenox's site and Alpha Futures' site. PassTraq tracks challenges at both firms using the same rule presets shown here.