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TopStep vs Bulenox

Quick Verdict

TopStep uses trailing eod (floor moves up at end of day) with a 2% daily loss limit and 90-90% profit split. Bulenox uses trailing eod (floor moves up at end of day) with a 2.2% daily loss limit and 80-90% profit split. TopStep starts from $49; Bulenox from $125.

Both firms use the same drawdown type (trailing eod (floor moves up at end of day)), so the decision comes down to fees, profit split, trading restrictions, and the markets you trade. Both offer the same maximum profit split of 90%.

TopStepBulenox
Evaluation Type1-step1-step
Drawdown TypeTrailing EOD (floor moves up at end of day)Trailing EOD (floor moves up at end of day)
Daily Loss Limit2%2.2%
Max Drawdown3%3.5%
Profit Target6%6%
Min Trading DaysNone5
Profit Split90-90%80-90%
Payout FrequencyWeeklyBi-weekly
News Tradingallowedallowed
Overnight HoldingNoNo
Weekend HoldingNoNo
EA / BotsAllowedAllowed
Marketsfuturesfutures
PlatformsNinjaTrader, Tradovate, TradingViewNinjaTrader, Rithmic
Cheapest Account$49 ($50,000)$125 ($25,000)
Which is better for you?

Scalping / Day Trading

Both work for day trading.

Swing Trading

Neither allows weekend holding — consider FTMO or The5%ers for swing trading.

Budget-Conscious

TopStep is cheaper to start ($49 vs $125).

Who Should Choose TopStep

TopStep is the better fit if you trade futures exclusively. The EOD trailing drawdown gives you flexibility during the session since the floor only updates at the close, which suits active day traders who have intraday swings.

  • +Monthly subscription — cancel anytime ($49-149/mo)
  • +100% of first $10K profit, then 90%
  • +No minimum trading days
  • +Weekly payouts

TopStep supports NinjaTrader, Tradovate, TradingView and processes payouts weekly. News trading is fully allowed, so you can trade NFP, FOMC, and CPI without restrictions. Automated trading with EAs is permitted.

Who Should Choose Bulenox

Bulenox is the better fit if you trade futures exclusively. The EOD trailing drawdown gives you flexibility during the session since the floor only updates at the close, which suits active day traders who have intraday swings.

  • +Very affordable challenge fees with frequent sales
  • +EOD trailing drawdown (not intraday)
  • +No consistency rule
  • +$25K account option for small capital traders

Bulenox supports NinjaTrader, Rithmic and processes payouts bi-weekly. News trading is fully allowed, so you can trade NFP, FOMC, and CPI without restrictions. Automated trading with EAs is permitted.

The Bottom Line

Choosing between TopStep and Bulenox comes down to three things: the markets you trade, how much drawdown flexibility you need, and your budget. TopStep is cheaper to get started at $49 vs $125.

Both firms use trailing eod (floor moves up at end of day), so focus on the other differences: daily loss limits (2% vs 2.2%), profit split (90% vs 90%), and trading restrictions. If you are still undecided, take the firm finder quiz for a personalized recommendation based on your trading style, risk tolerance, and budget.