Bulenox offers traders a funded account with up to $250,000 in trading capital and a straightforward payout system:
- First $10,000 in profits: 100% yours, no commission.
- Profits beyond $10,000: Split 90/10 (90% to you, 10% to Bulenox).
- Withdrawal Schedule: Payouts are processed weekly on Wednesdays.
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Requirements:
- Trade for at least 10 days before your first withdrawal.
- Follow the 40% Performance Rule (no single day’s profit can exceed 40% of your total profit).
- Maintain a safety reserve based on account size (e.g., $2,600 for a $50,000 account).
Quick Table of Key Rules
| Account Size | First 3 Payouts (Max) | Safety Reserve |
|---|---|---|
| $10,000 | $750 | $1,100 |
| $25,000 | $1,000 | $1,600 |
| $50,000 | $1,500 | $2,600 |
| $100,000 | $1,750 | $3,100 |
| $150,000 | $2,000 | $4,600 |
| $250,000 | $2,500 | $5,600 |
How to Get Paid
- Trade for at least 10 days.
- Meet the 40% Performance Rule.
- Ensure your account balance meets the safety reserve.
- Submit a withdrawal request by Monday for Wednesday processing.
By following these steps, you can maximize your earnings and avoid interruptions in trading.
Bulenox Withdrawal Policy Review | Key Details Explained
Bulenox Payout System Basics
Bulenox operates on a profit-sharing system designed to reward traders while maintaining account stability. Here’s how it works and what you can expect.
Profit Split Rules
Here’s the breakdown of how profits are shared:
- 100% profit retention on your first $10,000 in earnings – every dollar you make is yours to keep [1][2].
- 90/10 split for profits beyond $10,000 – you keep 90%, and Bulenox takes a 10% commission [1][2].
For instance, if you earn $15,000 in trading profits, you’ll keep the first $10,000 entirely. From the remaining $5,000, you’ll take home 90% ($4,500). That means your total payout would be $14,500, with only $500 deducted as commission. The commission is applied only when you transfer funds to your bank account [2].
Now, let’s look at the withdrawal limits that help secure your trading capital.
Payout Limits
Bulenox has specific withdrawal limits based on account size to ensure long-term trading stability. Here’s a quick look:
| Account Size | First 3 Payouts (Max) | Safety Reserve |
|---|---|---|
| $10,000 | $750 | $1,100 |
| $25,000 | $1,000 | $1,600 |
| $50,000 | $1,500 | $2,600 |
| $100,000 | $1,750 | $3,100 |
| $150,000 | $2,000 | $4,600 |
| $250,000 | $2,500 | $5,600 |
Key features of the payout system include:
- Initial withdrawal caps: For the first three payouts, there are set maximum withdrawal amounts to encourage sustainable trading habits [2][3].
- Safety reserves: Minimum balance requirements are in place to protect your trading capital and maintain account stability [2][3].
- No limits after three payouts: Once you’ve completed your third payout, the maximum withdrawal limits are lifted, giving you full control over your funds [2].
This system is designed to balance trader earnings with account sustainability, offering clear and structured guidelines for managing your profits.
Payout Requirements
Before you can request a payout from Bulenox, you need to meet their specific trading and account stability rules.
10-Day Trading Rule
You must trade on at least ten separate days before submitting a withdrawal request [2][3]. Here’s how to track your progress:
- Check your trading activity in the ‘Reports’ tab.
- The count of trading days updates at the end of each session [2].
- Make sure you’ve completed the full ten trading days before requesting a withdrawal [3].
Once you’ve hit the 10-day mark, you’ll also need to meet the 40% Performance Rule.
40% Performance Rule
To qualify for a withdrawal, no single trading day can account for more than 40% of your total profit balance [2]. For example, if your total profit is $10,000, no single day’s profit should exceed $4,000.
To stay within this limit:
- Keep an eye on your daily profits and adjust position sizes to avoid exceeding 40% of your total profit on any given day.
- Continue trading to grow your total profit, which will naturally lower the percentage impact of any single day [2].
Beyond these rules, you’ll also need to maintain a required account reserve.
Account Reserve Rules
The account reserve is a safeguard that ensures your account remains stable while you’re actively trading. This reserve becomes accessible if your Master Agreement with Bulenox is terminated [2].
The reserve works hand-in-hand with the 40% rule to encourage consistent trading practices and protect your account’s functionality [2].
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How to Request Payouts
Filing a Payout Request
Once you’ve met the trading requirements, you’ll need to complete a withdrawal form and include the necessary documentation.
- Personal Information: Provide your full legal name and account number.
-
Required Documents: Submit copies of:
- A government-issued photo ID (passport or driver’s license).
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Tax forms:
- U.S. residents: Form W-9.
- Non-U.S. residents: Form W-8BEN.
Refer to the ‘Payout Limits’ section for details on account-specific limits and safety requirements. After gathering everything, check the payment schedule and choose your preferred method for transferring funds.
Payment Schedule and Methods
Bulenox processes payout requests weekly on Wednesdays [2][3]. To ensure smooth processing, submit your request at least two business days before that.
Payment Options:
To streamline the process:
- Submit your request by Monday to meet the Wednesday processing deadline.
- Use ACH or PayPal to help reduce fees [3].
- Ensure your account meets the required safety threshold.
If your personal details change, update your withdrawal form promptly to avoid any delays [3].
Tips for Higher Payouts
If you’re aiming to make the most of Bulenox’s payout structure, these strategies can help you boost your earnings effectively.
Meeting Performance Rules
To stay within the daily profit limit of 40% of total profits, consider these approaches:
- Use the Consistency Rule Calculator: This tool helps you track and balance your profit distribution.
- Adjust Position Sizes: Keep your trades aligned with the thresholds set for the qualification phase.
- Stick to Risk Management: Consistent risk control is key to maintaining steady progress.
Best Times to Withdraw
Once you’ve met the performance criteria, timing your withdrawal requests strategically can make a difference. Here’s how:
Withdrawal Timing Tips:
- Submit your request early in the week to ensure processing by Wednesday.
- Complete at least 10 trading days before making a withdrawal request.
- Double-check that your account meets all safety and compliance thresholds.
First Three Payouts:
| Account Size | Minimum Withdrawal | Maximum Withdrawal |
|---|---|---|
| $10,000 | $500 | $750 |
| $25,000 | $1,000 | $1,000 |
| $50,000 | $1,000 | $1,500 |
| $100,000 | $1,000 | $1,750 |
| $150,000 | $1,000 | $2,000 |
| $250,000 | $1,000 | $2,500 |
Key Details to Remember:
- The first $10,000 you earn is commission-free [1][2].
- Earnings beyond $10,000 are split 90% to you and 10% as commission [1][2].
Rules and Limitations
Understanding payout rules and maintaining account stability is crucial for smooth withdrawals and uninterrupted trading.
Tax Requirements
Traders using the Master Account are treated as independent contractors. Bulenox follows U.S. tax laws to ensure compliance:
- U.S. Residents: Receive a Form 1099-MISC annually for Non-Employee Compensation.
- International Traders: Must complete Form W-8BEN before making their first withdrawal.
"Traders who trade and receive payment on the Master Account are independent contractors. Form 1099-Misc Non-Employee Compensation will be mailed for US citizens or W-8BEN for foreign citizens." [2]
These tax forms are vital for meeting legal obligations, but there’s more to consider when it comes to managing your account balance.
Account Balance Effects
Keeping a minimum reserve in your account is a critical part of safeguarding your trading ability. The required reserve depends on your account size.
Safety Threshold Reserve Requirements:
| Account Size | Required Reserve |
|---|---|
| $10,000 | $1,100 |
| $25,000 | $1,600 |
| $50,000 | $2,600 |
| $100,000 | $3,100 |
| $150,000 | $4,600 |
| $250,000 | $5,600 |
Important Balance Rules:
- Withdrawals cannot reduce your account balance below the required reserve.
- Profit-sharing follows the commission structure outlined in the Profit Split Rules section [2].
If you decide to terminate your Master Agreement, you can withdraw the safety threshold reserve. However, keeping this buffer ensures you can continue trading without interruptions.
Summary
Bulenox’s system is designed to protect both your earnings and account stability. Here’s a quick rundown of the payout process: The first $10,000 in profit is commission-free, and any earnings beyond that are split 90/10 between traders and Bulenox [2].
To qualify for withdrawals, you’ll need to meet these key requirements:
- Trade for at least 10 days.
- Keep the required safety threshold reserve intact.
- Ensure no single day contributes more than 40% of your total profits.
Payouts are processed every Wednesday. Initial withdrawal limits depend on your account size, but after your first three withdrawals, these limits are removed.
Consistent trading and meeting minimum activity requirements help ensure your withdrawals are processed without delays. Maintaining your safety reserve is crucial to avoid interruptions in trading. Use the Consistency Rule Calculator to track your compliance with the trading guidelines.
Following these steps can help you trade smoothly and maximize your payout opportunities.