Bulenox vs Elite Trader Funding: prop firm rules compared

At the $50,000 account size, Bulenox's evaluation allows a $2,500 max drawdown (intraday trailing) against Elite Trader Funding's $2,000 (intraday trailing, locks at breakeven), with the same $3,000 profit target. Bulenox allows the larger drawdown at that size. Neither firm applies a consistency rule. Payouts are weekly (wednesdays) at Bulenox and approved daily, paid in monday / wednesday batches at Elite Trader Funding.

Rule (evaluation phase)
BXBulenoxOption 1 (Intraday) model
ETElite Trader Funding1-Step (Live Trailing) model
$50,000 account
Profit target$3,000$3,000
Daily loss limitNoneNone
Max drawdown$2,500$2,000
$100,000 account
Profit target$6,000$6,000
Daily loss limitNoneNone
Max drawdown$3,000$3,000
$150,000 account
Profit target$9,000not verified — check the firm's site
Daily loss limitNonenot verified — check the firm's site
Max drawdown$4,500not verified — check the firm's site
Firm-wide
Drawdown modelIntraday trailingIntraday trailing, locks at breakeven
Consistency ruleNoneNone
Minimum trading daysNone5 trading days
Profit split100% of the first $10K, then 90/10100% of sim profits up to $25K
Payout frequencyWeekly (Wednesdays)Approved daily, paid in Monday / Wednesday batches
Account sizes offered$25,000 · $50,000 · $100,000 · $150,000$50,000 · $100,000 · $150,000
Rules confidenceRules verifiedRules verified

Bulenox figures are for the Option 1 (Intraday) model; it also sells: Option 2 (EOD + soft daily loss).

Elite Trader Funding figures are for the 1-Step (Live Trailing) model; it also sells: End of Day, Static.

Rules last checked against each firm's own documentation on . Firms change their rules often, so confirm the current terms on Bulenox's site and Elite Trader Funding's site. Spotted a rule that changed? Tell us.

Where Bulenox and Elite Trader Funding differ

Drawdown model
Bulenox: Intraday trailing on Option 1; end-of-day trailing on Option 2
Elite Trader Funding: Intraday trailing on 1-Step; end-of-day trailing on End of Day; static on Static
Daily loss limit
Bulenox: None on Option 1; soft pause, $1,100 at $50K on Option 2
Elite Trader Funding: None on 1-Step and Static; hard, $1,100 at $50K on End of Day
Max drawdown at $50K
Bulenox: $2,500 (Option 1)
Elite Trader Funding: $2,000 (1-Step)
Minimum trading days
Bulenox: None on any plan
Elite Trader Funding: 5 trading days on every plan
Plans sold
Bulenox: 2 plans: Option 1 and Option 2
Elite Trader Funding: 3 plans: 1-Step, End of Day and Static
Account sizes, all plans
Bulenox: $25K · $50K · $100K · $150K
Elite Trader Funding: $10K · $25K · $50K · $100K · $150K
Automated trading
Bulenox: No written answer on record
Elite Trader Funding: Not allowed in the evaluation or on a funded account
Profit split
Bulenox: 100% of the first $10K, then 90/10
Elite Trader Funding: 100% of sim profits up to $25K
Payouts
Bulenox: Weekly (Wednesdays)
Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches

Bulenox and Elite Trader Funding in brief

Bulenox

A Qualification account in two options. Option 1 trails intraday with no daily loss limit; Option 2 trails at end of day with a soft daily loss limit that pauses the day. Rithmic only. One-time fee, 30 days of access.

Elite Trader Funding

Three evaluations: 1-Step (intraday trailing), End of Day (end-of-day trailing with a hard daily loss limit) and Static. Minimum 5 trading days, no consistency rule in the evaluation.

How these rules play out

Bulenox's Option 1 plan and Elite Trader Funding's 1-Step plan trail 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; at Elite Trader Funding's 1-Step plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

On Bulenox's Option 2 plan and Elite Trader Funding's End of Day plan 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 Elite Trader Funding's End of Day plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

Elite Trader Funding's Static plan uses a static drawdown: the floor is set once, the drawdown below the starting balance, and does not move for the whole evaluation. For example, at Elite Trader Funding's Static plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

On Elite Trader Funding's 1-Step and End of Day plans 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. A hard daily loss limit ends the evaluation: one day that loses that much fails the account. Elite Trader Funding's End of Day plan sets it at $1,100 on $50,000. Bulenox's Option 1 plan and Elite Trader Funding's 1-Step and Static plans have no daily loss limit, so a losing day is bounded only by the max drawdown.

Bulenox and Elite Trader Funding 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. Neither Bulenox nor Elite Trader Funding applies a consistency rule in the evaluation, so one large day can count in full toward the target.

Elite Trader Funding requires at least 5 trading days before a pass; Bulenox sets no minimum number of days.

On automated trading — a strategy or bot sending the orders — Bulenox has no written answer on record; at Elite Trader Funding it is not allowed in the evaluation or on a funded account. Written answers: Elite Trader Funding (read ).

Choosing between Bulenox and Elite Trader Funding

Bulenox and Elite Trader Funding differ on 4 of the evaluation rules compared here: drawdown model, daily loss limit, 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 Elite Trader Funding trails intraday or at end of day or holds a static floor, depending on the plan. If you keep trading after a losing morning, look at what the daily loss limit does: Bulenox pauses the day at its daily loss limit on some plans and has no limit on others; Elite Trader Funding fails the account at its daily loss limit on some plans and has no limit on others. In dollars at $50K, Bulenox asks for $3,000 of profit with $2,500 of drawdown room, Elite Trader Funding for $3,000 with $2,000. To finish in as few sessions as possible, compare the minimum days: Bulenox sets no minimum, Elite Trader Funding needs at least 5 trading days.

Once funded, the profit split is 100% of the first $10K, then 90/10 at Bulenox and 100% of sim profits up to $25K at Elite Trader Funding. Payout terms — Bulenox: Weekly (Wednesdays); Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches. Bulenox sells 2 plans: Option 1 and Option 2; Elite Trader Funding sells 3 plans: 1-Step, End of Day and Static. Each plan carries its own version of the rules above, which is why they are listed plan by plan. If a strategy or bot will send your orders, Bulenox has no written answer on record, and Elite Trader Funding's written answer is not allowed in the evaluation or on a funded account.

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

Bulenox vs Elite Trader Funding: quick answers

Which has the larger drawdown at $50K, Bulenox or Elite Trader Funding?

Bulenox. Bulenox allows $2,500 (intraday trailing) and Elite Trader Funding $2,000 (intraday trailing) on a $50,000 evaluation.

Does Bulenox or Elite Trader Funding have a consistency rule?

Neither applies one in the evaluation.

Which has a daily loss limit, Bulenox or Elite Trader Funding?

Bulenox: no daily loss limit on Option 1; a soft limit that pauses the day ($1,100 at $50K) on Option 2. Elite Trader Funding: no daily loss limit on 1-Step and Static; a hard limit that fails the account ($1,100 at $50K) on End of Day.

Can you trade with a bot or strategy at Bulenox or Elite Trader Funding?

Bulenox: no written answer on record. Elite Trader Funding: not allowed in the evaluation or on a funded account.

More comparisons

Rules are sourced from each firm's official help centre and can change without notice — always confirm on the firm's site before buying an evaluation. Where a link is a partner link, it is marked as such.