Bulenox review

Trading Days

• There are no minimum trading days requirement to get Master account.

Time

• The trading day starts at 5:00 pm and ends at 4:00 pm the following day, North American Central Time (CT). Holidays and weekends do not count as a trading day.

• All positions must be closed before 15:59 (CT).

Maximum Position Size

• The maximum position size depends on the selected account. A trader can have several positions at the same time.

Objective

• The trader's objective is to reach a profit target to get to the Master Account.

Trailing Drawdown

• Do not allow the maximum drawdown on your account.

Position

• A trader can trade both standard and micro contracts at the same time.

• 1 standard contract is equivalent to 10 micro contracts.

Using Trade Copiers, Algorithms, Strategies, Bots

• Our company does not provide any kind of algorithms. However, it is not forbidden to use them. We are not responsible for any technical issues that might be caused or related to third-party software. If there is an issue with the software we recommend contacting the developer of the software to clarify it.

The trailing rules for the Master Account are the same as for the Qualification Account, except that there is no option to reset the account. The trailing or EOD drawdown stops moving when the trailing or EOD drawdown reaches the initial starting balance +100.

Trailing and EOD Drawdown Amount (TDA):

- $25,000 - TDA of $1,500
- $50,000 - TDA of $2,500
- $100,000 - TDA of $3,000
- $150,000 - TDA of $4,500
- $250,000 - TDA of $5,500

If the trader exceeds the maximum trailing drawdown, the account will be closed by the Administrator.

The Consistency rule on the Master Accounts apply toward every payout.

There is a 40% Consistency rule which states that upon submitting a withdrawal request, the balance in the Master Account must not consist of more than 40% of the total profit balance from a single trading day.

- For example, the trader made a $20,000 total profit on the account and requested to make a withdrawal. In this case, the best single profitable day should be at most 40%, which is 8,000.

• On the Master Account, the Trader is paid directly for the results achieved.

• The first $10,000 earned is withdrawn to the Trader's bank account without any commission.

• After the withdrawal of the first $10,000, the company's commission is 10% of the profit, the remaining 90% is received by the Trader.

• Payout could be requested anytime during the calendar month. All payouts are processed once a week, on Wednesdays.

• The request for any payout can be processed after Trader has completed at least ten (10) individual trading days.

The minimum withdrawal is $1,000. The maximum withdrawal amount applies to the first three payouts only and depends on the account size:

- $25,000 account - $1,000
- $50,000 account - $1,500
- $100,000 account - $1,750
- $150,000 account - $2,000
- $250,000 account - $2,500

After 3rd payout, there is no maximum withdrawal limit.

The withdrawal safety threshold reserve is defined as "the minimum amount required to remain in the Trader’s Account after a withdrawal has been requested".

- $25,000 Account - $1,600
- $50,000 Account - $2,600
- $100,000 Account - $3,100
- $150,000 Account - $4,600
- $250,000 Account - $5,600

Subject to the provisions of Master Agreement, Trader is entitled to withdraw profits from safety threshold reserve upon the termination of Master Agreement, the profit split on funds withdrawn from the safety threshold reserve is determined by the age of the Master Account