Futures prop firm comparison

Bulenox vs Elite Trader Funding: Rules, Costs & Payouts (2026)

Bulenox vs Elite Trader Funding comes down to how much drawdown choice you want and how you get paid. Bulenox's standard Qualification is a one-time fee of $145–$325 by size, with a real-time (Option 1) or end-of-day (Option 2) drawdown locked for the account. Elite Trader Funding sells six evaluation types, bills its 50K 1-Step at $207 every 30 days until passed, and adds an activation fee after you pass. Bulenox's standard Master terms pay the first $10,000 commission-free and 90/10 after; ETF pays up to 100% of simulated profit until $25,000, then 80/20 on LIVE ELITE real capital. Rules and prices checked September 1, 2026.

✓ Official documentation checked✓ Affiliate status confirmed✓ Updated September 1, 2026

Edited by Brandon King

Public ratings are third-party signals, not FundingCodes scores. Trustpilot says it uses integrity controls but does not fact-check individual reviews. Scores and counts change.

Conditional fit

Bulenox or Elite Trader Funding: which fits your trading?

Elite Trader Funding vs Bulenox is a choice between one locked drawdown decision and six evaluation types with a staged path from simulated payouts to real capital. FundingCodes has affiliate relationships with both firms; the conditions below come from the rules and prices on this page.

  • Choose Bulenox if you want to pay once rather than monthly for a standard Qualification ($145–$325 by size), want full contract size from the start (Option 1) or an end-of-day threshold with scaling (Option 2), and trade on Rithmic with NinjaTrader or another supported front end.
  • Choose Elite Trader Funding if you want a fixed static floor, a 10K Fast Track, overnight and weekend holding on Diamond Hands, or a published move to real capital — LIVE ELITE at 80/20 after $25,000 in simulated payouts — and you use TradingView, Tradovate or Tickblaze.

Side-by-side

Bulenox vs Elite Trader Funding at a glance

Firm terms change. The provider’s checkout, agreement, and help center control.

CategoryBulenoxElite Trader Funding
Evaluation paths

Standard Qualification Option 1 and Option 2, plus separate newer programs

Six types: 1-Step, End of Day, Static, Fast Track, Diamond Hands, and Direct to Funded

Drawdown

Option 1 real-time trailing; Option 2 end-of-day with scaling

Live trailing (1-Step), end-of-day trailing (EOD and Diamond Hands), fixed static floor (Static), per selected plan

Daily loss limit

Option 2 includes one; Option 1 does not

None on 1-Step, Static, and Fast Track; $1,100–$2,200 on End of Day; $1,500 on Diamond Hands

Payout access

Program-specific; standard Master terms use winning-day requirements and per-cycle caps

Sim payouts from $100 per cycle toward a $25,000 per-trader cap, then LIVE ELITE real-capital payouts

Profit split

First $10,000 withdrawn without commission, then 90/10 under standard Master terms

Up to 100% of simulated profits; 80/20 on LIVE ELITE real capital

Platforms

Rithmic connectivity with NinjaTrader and supported third-party front ends

TradingView, NinjaTrader, Rithmic, Tradovate, and Tickblaze

FundingCodes offer

Offer expired

Referral issued; no separate code

Rules

Drawdown: Bulenox Option 1 and Option 2 vs ETF's six evaluations

Bulenox keeps its standard Qualification Account deliberately narrow: choose Option 1 for a real-time trailing drawdown with full size from the start, or Option 2 for an end-of-day threshold with scaling and a daily-loss control. The choice is locked for the life of the account, and overnight holding is prohibited on the standard route.

Elite Trader Funding packages risk rules into six distinct evaluations. 1-Step uses a live trailing drawdown on larger accounts. End of Day and Diamond Hands trail only at the session close and add daily-loss limits. Static fixes the floor on day one. Fast Track is a 10K account with a 10-calendar-day window and no resets. Diamond Hands permits overnight and weekend holding. Direct to Funded skips the evaluation entirely.

Both firms run simulated evaluations that can fail on rule mechanics rather than market direction. Neither account balance is deposited cash, and neither firm guarantees qualification, funding, or payouts.

Which costs less: a one-time Bulenox Qualification or a monthly ETF evaluation?

Bulenox prices its standard Qualification at a one-time $145/$175/$215/$325 for 25K/50K/100K/150K, with a 30-day access window and resets available. Master Account activation carries a separate one-time fee by size, and professional Rithmic data adds a monthly charge. Two codes are current in its affiliate portal: GUU3N 45% off either model and 4P7ST 40% off Fast Track and Momentum, both to September 30, 2026. The BGNMD (89% off Option 1) and H6SK9 (75% off Option 2) promotions ended September 22, 2026.

Elite Trader Funding prices each evaluation type separately: its 50K 1-Step lists at $207, 100K at $257, and 150K at $347, renewing every 30 days until passed, with a $47 reset. Its funded stage adds an activation fee that most plans document as “as low as $47 paid once” or an $87 monthly alternative, so the true cost of a payout is evaluation + activation + any resets. No FundingCodes discount code was issued; the referral checkout is the reliable price.

Bulenox vs Elite Trader Funding payout rules

Bulenox’s standard Master documentation describes the first $10,000 withdrawn without company commission and a 90/10 split afterward, with winning-day requirements and per-cycle caps by account size. Passing Qualification triggers compliance review; it does not automatically open a Master Account.

Elite Trader Funding pays simulated profits at up to 100%, with a $100 minimum per payout cycle and a $25,000 cumulative cap per trader. At the cap, the account transitions to LIVE ELITE: real capital on an 80/20 split with daily withdrawals on business days, a $250 minimum, and a published 48-hour approval guarantee, paid through Rise. Payout denial complaints appear in public reviews, so read the compliance rules — same-household accounts, automation authorization, and the weekly trading requirement — before buying.

Platforms can rule out a firm before pricing does

Bulenox’s standard route runs on Rithmic connectivity with NinjaTrader and numerous third-party front ends. Elite Trader Funding documents TradingView, NinjaTrader, Rithmic, Tradovate, and Tickblaze. Confirm your platform, operating system, professional data fees, and any trade-copier authorization requirements with the checkout for the exact plan you pick.

Read the full reviews and check offers

Use these firm-specific guides for more detail on the rules and published offer terms.

Related comparisons

Each of these compares one of the two firms on this page against another firm, using the same rule-level format.

Official sources checked

Frequently asked questions

Is Bulenox or Elite Trader Funding cheaper to start?+

It depends on the size and path you choose. Bulenox lists its standard Qualification at $145–$325 one-time, and its current portal code GUU3N takes 45% off either model through September 30, 2026 — a calculated $79.75 on a $25K account. Earlier 89% and 75% promotions (BGNMD and H6SK9) ended September 22, 2026. Elite Trader Funding’s cheapest documented entries are its 10K Fast Track and Static plans, while its 50K 1-Step lists at $207. Always price the evaluation, activation, and reset fees together.

Which firm has more drawdown options?+

Elite Trader Funding, on paper. Its six evaluation types span live trailing, end-of-day trailing, fixed static floors, and holding-friendly variants. Bulenox offers two explicit drawdown models on its standard Qualification — real-time trailing and end-of-day with scaling — and locks the choice per account.

How do payouts differ between Bulenox and Elite Trader Funding?+

Bulenox’s standard Master terms describe the first $10,000 withdrawn commission-free and a 90/10 split afterward, with winning-day requirements. Elite Trader Funding pays up to 100% of simulated profits per cycle with a $25,000 lifetime sim cap, then moves traders to LIVE ELITE real capital on an 80/20 split with daily business-day withdrawals.

Does FundingCodes have affiliate relationships with both firms?+

Yes. FundingCodes has issued referral links for both Bulenox (with a verified coupon) and Elite Trader Funding (referral only, no separate code). Affiliate relationships do not change the comparison criteria or the price a trader pays through the links.