Home Compare Alpha Futures vs Bulenox
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⚔ Head-to-Head Updated 2026-05-22 · Both firms reviewed by Paul

Alpha Futures vs Bulenox (2026)

Side-by-side: drawdown, payouts, pricing, platforms. Alpha Futures uses EOD-trailing + lock, Bulenox uses EOD-trailing (no lock) — these are different beasts.

Quick verdict
Entry price
Alpha Futures
Drawdown protection
Alpha Futures
Paul-tested
Both
Profit split
Toss-up
Plans on offer
Alpha Futures

Side-by-Side Specs

Dimension Alpha Futures Bulenox
Drawdown mechanicEOD-trailing + lockEOD-trailing (no lock)
Cheapest eval$63.2$87
Profit split90%90%
Payout frequencyWeeklyWeekly
Max funding$450,000$2,750,000
Max payout
AssetsFuturesFutures
PlatformsTradovate, NinjaTrader, Quantower, TradingViewRithmic R|TRADER, NinjaTrader 8, Tiger Trade, Optimus Flow
Payout methodsACH, Wire Transfer, SWIFT, Wise, RiseACH, Wire Transfer, PayPal, Wise
Promo codeALPHA20 (20% off)VIBES (45% off)
Paul-testedYesYes

Drawdown — The Single Most Important Difference

Alpha Futures uses EOD-trailing + lock while Bulenox uses EOD-trailing (no lock). Your risk approach needs to adjust when switching.

Alpha Futures

EOD-trailing + lock

MLL trails up at end-of-day until it reaches starting balance, then locks permanently. Intraday drops don't reset. Most-protective futures mechanic.

Bulenox

EOD-trailing (no lock)

MLL trails end-of-day equity-high with no lock. Pure trailing-up.

Account Plans Compared

Alpha Futures offers 4 plans. Bulenox offers 4 plans.

Alpha Futures plans

  • Zero $50K
    Starting $50,000 · $119 · 5d cycle
  • Zero $100K
    Starting $100,000 · $239 · 5d cycle
  • Advanced $50K
    Starting $50,000 · $139 · 5d cycle
  • Premium $50K (NEW 2026)
    Starting $50,000 · $79 · 5d cycle

Bulenox plans

  • Option 1 $50K
    Starting $50,000 · $145 · 8d cycle
  • Option 2 $50K
    Starting $50,000 · $175 · 8d cycle
  • Option 1 $100K
    Starting $100,000 · $195 · 8d cycle
  • Option 2 $100K
    Starting $100,000 · $245 · 8d cycle

Who Fits Which Firm

→ Pick Alpha Futures if

  • You want a EOD-trailing + lock mechanic
  • Entry price matters — $63.2 beats $87
  • You value firms personally tested with documented payouts
  • Your strategy fits this firm's drawdown profile

→ Pick Bulenox if

  • You want a EOD-trailing (no lock) mechanic
  • You want to diversify firm-risk alongside Alpha Futures

FAQ — Alpha Futures vs Bulenox

Is Alpha Futures or Bulenox cheaper to start?

Alpha Futures's cheapest evaluation is $63.2. Bulenox's cheapest is $87. Alpha Futures wins on entry price marginally.

What's the drawdown difference between Alpha Futures and Bulenox?

Alpha Futures uses EOD-trailing + lock. Bulenox uses EOD-trailing (no lock). These are fundamentally different — your risk model needs to change when switching between them.

Which firm has the better profit split?

Alpha Futures: 90%. Bulenox: 90%.

Has Paul personally tested both firms?

Yes for Alpha Futures — documented payouts on the main review page. Bulenox also Paul-tested with documented payouts.

Can I run both Alpha Futures and Bulenox accounts simultaneously?

Yes. Different prop firms have no shared compliance — running them in parallel is the standard playbook for funded traders looking to diversify firm-risk. Track each firm's rule changes independently.

Which firm pays out faster?

Alpha Futures payout cadence: Weekly. Bulenox: Weekly. Method matters too — Wise and Plaid typically beat ACH and wire by 1-2 days.

Are there overlap restrictions if I trade both?

No cross-firm compliance overlap. Each firm 1099s independently for US residents. Cross-firm copy-trading rules only matter inside a single firm's account family.

If I had to pick one, what's the deciding factor?

Drawdown mechanic comes first. Alpha Futures offers lock-protection on first profits — favors traders who scale slow. After mechanic, evaluate payout speed and your strategy's drawdown profile.