Bulenox vs Goat Funded Trader: which prop firm is better in 2026?
On the 33 criteria we compare, Bulenox comes out ahead (9 against 6). Goat Funded Trader remains the cheaper way in and its drawdown model is the more forgiving of the two, so the choice is not automatic.
Bulenox
Futures · Trustpilot 4.7/5
Bulenox is a futures-only firm run from Delaware since 2022. Accounts are sold as renewable monthly subscriptions, $145 to $325 for $25,000 to $150,000, payouts clear every Wednesday, and the first $10,000 goes entirely to the trader. It holds 4.7/5 across 1,761 Trustpilot reviews, but a 40% consistency rule gates withdrawals and drives recurring complaints.
Criteria won : 9 / 33
Goat Funded Trader
Forex / CFD · Futures · Crypto · Stocks
Goat Funded Trader launched in 2023 out of Hong Kong. It publishes a full price grid, runs static drawdown across its three evaluation models, and pays every 14 days with a profit split from 80 % up to 100 %. The counterweight: its Trustpilot score is suspended over fake reviews, rules tightened in summer 2026, and 29 countries are excluded.
Criteria won : 6 / 33
Pricing at equal account size
Cheapest evaluation for a 100 K account.
Bulenox
$215
Goat Funded Trader
$478
Full comparison
| Criterion | Bulenox | Goat Funded Trader |
|---|---|---|
| Trust | ||
| Score | 81/100 ✓ | 78/100 |
| Trustpilot | 4.7/5 | — |
| Founded | 2022 ✓ | 2023 |
| Headquarters | US | HK |
| Pricing | ||
| Entry price | $145 | $36 ✓ |
| Price for a 100 K account | $215 ✓ | $478 |
| Refundable fee | — | — |
| Reset price | $78 | — |
| Account sizes | 150 K | 400 K ✓ |
| Rules | ||
| Steps | 1 ✓ | 2 |
| Profit target | 6 % ✓ | 8 % |
| Max daily loss | — | 4 % |
| Max total drawdown | — | 10 % |
| Drawdown type | Hybrid | Static ✓ |
| Time limit | Unlimited | Unlimited |
| Consistency rule | — | — |
| Min trading days | 0 ✓ | 3 |
| Payouts | ||
| Profit split | 90 % ✓ | 80 % |
| Max profit split | 100 % | 100 % |
| First payout | 10 days | — |
| Payout frequency | hebdomadaire (traitement le mercredi) | Toutes les 2 semaines (14 jours) ; traitement sous 2 jours ouvres, minimum 100 $ |
| Payout methods | bank, wire, paypal, and wise ✓ | rise, crypto, and paypal |
| Scaling plan | — | Yes |
| Max allocation | 150 K | 400 K ✓ |
| Trading | ||
| Platforms and instruments | ninjatrader, rithmic, quantower | mt5, tradelocker, ctrader |
| Instruments | futures | fx, indices, metals, energy, stocks, crypto ✓ |
| Leverage | — | Evaluation : forex 1:100, indices/matieres 1:20, crypto 1:2 — Finance : forex 1:50, indices/matieres 1:10, crypto 1:2 |
| News trading | Yes | Yes |
| Weekend holding | No | Yes ✓ |
| Expert Advisors | Yes | Yes |
| Copy trading | Yes ✓ | Restricted |
| Scalping | Yes | — |
| Hedging | — | — |
Choose Bulenox if…
- You want the shortest path to funding: 1 evaluation phase against 2 at Goat Funded Trader.
- You need a platform Goat Funded Trader does not offer: ninjatrader, rithmic, quantower.
Choose Goat Funded Trader if…
- You are aiming for size: allocation scales up to 400 K.
- Your budget is the binding constraint: the entry ticket starts at $36, below Bulenox.
- You want a drawdown you can compute in your head: the limit is fixed on the starting balance and never moves as the account grows.
- You need a platform Bulenox does not offer: mt5, tradelocker, ctrader.
Our analysis
The price question
Goat Funded Trader opens at $36 against $145 for Bulenox, a substantial gap on the smallest account. At the reference size of 100 K the comparison is $215 for Bulenox against $478 for Goat Funded Trader. The headline fee is rarely the real cost, though: what matters is the price of a reset after a failed attempt, whether the fee comes back on the first payout, and whether an activation fee appears when you move to a funded account. Compare those three lines in the table above before deciding on price alone.
How the loss limit behaves
Bulenox applies a hybrid drawdown. Goat Funded Trader applies a static drawdown capped at 10 %, with a 4 % daily limit. This is the single most consequential difference between the two. A static drawdown is measured once, from the starting balance, and never moves; a trailing drawdown follows your equity upward, so a winning streak raises the floor you can no longer fall below. Intraday trailing is stricter still, because it tracks unrealised peaks reached inside the session — profit you never actually banked can permanently raise your loss threshold.
Getting paid
Bulenox keeps 100 % of profits, allows a first withdrawal after 10 days, then pays hebdomadaire (traitement le mercredi). Goat Funded Trader keeps 100 % of profits, then pays Toutes les 2 semaines (14 jours) ; traitement sous 2 jours ouvres, minimum 100 $. Payout frequency deserves as much attention as the split itself: a slightly lower share paid every two weeks compounds faster than a headline percentage locked behind a monthly cycle and a long first-withdrawal delay.
Tooling differences
Bulenox is the only one of the two to offer ninjatrader, rithmic, quantower. Goat Funded Trader covers mt5, tradelocker, ctrader, which its rival does not. Platform choice is not cosmetic: order execution, available order types and the reliability of your automation all depend on it, and switching mid-evaluation is rarely possible.
How much history each firm has
Bulenox has been running since 2022, 1 years longer than Goat Funded Trader. Our trust pillar scores them 77/100 and 66/100, which weighs age, corporate transparency and public payout evidence. In an industry with no financial regulator overseeing these evaluations, longevity and a verifiable payout history are the closest thing to a guarantee.