A Comparative Analysis: FundedNext vs. Bulenox Funded Trader Program
Introduction:
When it comes to funded trading programs, traders are always on the lookout for reliable and profitable opportunities. In this blog post, we will provide a comprehensive comparison between FundedNext and Bulenox Funded Trader Program. As traders who have experienced both firms, we aim to provide an unbiased analysis of their key features, funding models, profit-sharing options, trading conditions, and overall trading experience.
| Prop Firm Details | Funded Next | Bulenox |
| Year Founded | 2022 | N/A |
| Maximum Balance | $4,000,000 | $250,000 |
| Tradeable Assets | Equity Futures Forex Energy Metals Interest Rate Futures |
Forex Indices Metals Commodities |
| Challenge Type | One-Step Evaluation Two Step Evaluation |
One-Step Evaluation |
| Trading Platforms | MT4 | NinjaTrader |
| Trading Hours | Holding Overnight Holding Over Weekend |
❌ |
| Copy Trading | ✅ | ✅ |
| News Trading | ❌ | ✅ |
| EAs | ✅ | ✅ |
| Trust Pilot Rating⭐ | 4.6 / 5.0 | 4.7 / 5.0 |
| Trust Pilot Reviews | 3,923 | 91 |
| Payment Types | Wire Transfer Paylpal Crypto Payoneer Coinbase Revolut Wise |
Paypal Crypto Credit Card |
| One Step Rules | FundedNext | Bulenox |
| Profit Target | 25% | 10%-6% |
| Max Daily Loss | 5% | ❌ |
| Max Daily Drawdown | ❌ | ❌ |
| Max Loss | 10% | ❌ |
| Max Drawdown | ❌ | 2.2%-10% |
| Minimum Trading Days | 10 | 5 |
| Maximum Trading Days | ❌ | ❌ |
| Profit Split | 60%, up to 90% | 90% |
Funding Models:
FundedNext offers three distinct funding models: Evaluation, Express, and Stellar Challenge. The Evaluation Model is a structured approach where traders embark on a two-phase process to showcase their trading abilities and achieve realistic profit targets. Upon meeting the targets, traders gain access to a FundedNext funded account with a profit split of 80%. This model provides a clear path for traders to prove their skills and progress further.
The Express Model offered by FundedNext is designed for traders who prefer flexibility in their trading journey. It allows traders to set an ambitious profit target with no time limit. Once the target is achieved, traders can trade on FundedNext’s funded account with a profit split of 60%. This model provides traders with the freedom to trade at their own pace and focus on achieving their desired results.
FundedNext introduces the Stellar Challenge, which offers the best prop trading conditions. This model boasts no time limit and a balance-based drawdown calculation, providing traders with a trading environment that promotes peace of mind. Additionally, FundedNext stands out by offering a 15% profit share from the challenge phase, further motivating and rewarding top-performing traders.
On the other hand, Bulenox Funded Trader Program offers a Qualification Account and a Master Account. The program starts with a Qualification Account where traders can demonstrate their trading skills and prove themselves as responsible and disciplined traders. By registering and creating a personal account, traders have the opportunity to choose from various account sizes and start trading on a Qualification Account. The program provides all the necessary tools, allowing traders to focus on their own trading strategy and market vision.
Once traders have successfully qualified, they advance to the Master Account level in Bulenox. Here, Bulenox provides full support and expert supervision to help traders reach their full trading potential. Traders can trade their own plan from day one, and the program offers a range of benefits, including earning up to 90% of their profits and accessing the trading terminal for free.
Profit Sharing:
FundedNext stands out by offering up to 15% profit sharing from the profit traders make during the challenge phases. This incentivizes top traders and demonstrates FundedNext’s dedication to delivering generous payout bonuses. Traders who perform exceptionally well in the Stellar Challenge can benefit from a 15% profit share, further motivating them to achieve outstanding results.
On the other hand, Bulenox does not explicitly mention profit sharing in their program overview. However, they offer competitive payouts, low reset costs, and the ability to have multiple accounts simultaneously. While the exact profit-sharing structure is not mentioned, traders can expect to retain a significant portion of their profits.
Trading Conditions:
FundedNext prioritizes providing the best trading conditions for its traders. They ensure raw spreads, including in Swap Free accounts, delivering competitive trading conditions. Traders can benefit from tight spreads and minimal slippage, providing optimal execution for their trades. Additionally, FundedNext offers some of the lowest commissions in the industry, with $3/round lot on Currency Pairs & Commodities and $0/round lot on Indices. This cost-effective approach allows traders to maximize their profits.
Bulenox emphasizes limited risk with selected account sizes and offers flexible terms for traders to implement their own trading plans. Traders can choose from different account sizes that align with their trading goals and risk tolerance. The account tiers range from $10,000 up to $250,000, allowing traders to scale their trading as they progress. By offering account tiers with specific profit targets and drawdown limits, Bulenox aims to provide a structured and controlled trading environment.
Global Accessibility:
Both FundedNext and Bulenox emphasize providing opportunities to traders worldwide, eliminating borders, and ensuring equal access to their programs. Regardless of their location, traders fromaround the world can participate in these funded trading programs and benefit from the resources and support offered.
Conclusion:
As traders who have experienced both FundedNext and Bulenox Funded Trader Program, we can confidently say that both firms offer unique features and opportunities for aspiring traders. FundedNext’s diverse funding models, attractive profit-sharing options, and commitment to providing the best trading conditions make it a prominent choice. Traders can benefit from a structured evaluation process, flexible trading options, and the opportunity to earn substantial profits.
On the other hand, Bulenox’s focus on limited risk, flexible terms, and global accessibility make it an appealing option for traders looking for stability and support. Traders can showcase their skills in a qualification account and progress to the master account with full support and expert supervision. The program offers competitive payouts and the ability to have multiple accounts simultaneously.
Ultimately, the choice between FundedNext and Bulenox depends on individual trading preferences, goals, and risk tolerance. We recommend thoroughly evaluating the features and benefits of each program and choosing the one that aligns best with your trading aspirations. Remember, trading is a personal journey, and finding the right funded trading program is crucial for your long-term success.
Disclaimer: This comparison blog post is based on our experience and research as traders and does not constitute financial advice. We recommend conducting further research and due diligence before making any investment decisions. Trading involves risk, and past performance is not indicative of future results.
