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No Regulation
Score
1.11 /10
Danger
Bulenox
Within 1 yearSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index3.92
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-12-25
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| BulenoxReview Summary | |
| Founded | 2020-12-31 |
| Registered Country/Region | United States |
| Regulation | Not regulated |
| Market Instruments | Futures |
| Demo Account | ❌ |
| Trading Platform | R I Trader Pro |
| Min Deposit | $115 |
| Customer Support | Phone: +1 (302) 803-6753 |
| Email: support@bulenox.com | |
| Address: 1201 N Orange St, Suite 7149, Wilmington, DE 19801, USA | |
Bulenox is a prop trading firm located in the USA. It mainly offers futures for trading, like Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy Futures, Interest Rate Futures, Metals Futures and Crypto Futures. Besides, the minimum deposit is $115. However, it is not supervised by any financial regulations.
Pros and Cons
| Pros | Cons |
| Commission-free for the first $10000 | Not regulated |
| Low minimum deposit | Lack of transparency |
| 14-day free trail | Only trade for futures |
| No demo accounts |
Is Bulenox Legit?
Bulenox was registered by Bulenox LLC in 2020 in the USA. However, the Commodity Futures Trading Commission (CFTC) in the USA shows no information about it. Traders should think twice when trading.
What Can I Trade on Bulenox?
| Tradable Instruments | Supported |
| Futures | ✔ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Bulenox offers six account types according to different balances.
| Balances | Minimum Deposit |
| $10000 | $ 115/month |
| $25000 | $ 145/month |
| $50000 | $ 125/month |
| $100000 | $ 155/month |
| $150000 | $ 325/month |
| $250000 | $ 535/month |
Commissions
The first $10000 is commission-free regardless of Bulenox's accounts. After the withdrawal of the first $10000, the commission is 10% of the profit.
Other Fees
For Bulenox's Master Account with Option 1 and Option 2, there is no monthly cost, just a one-time activation fee that includes a data feed and maintenance fee.
| Balances | One-time Activation Fee |
| $10000 | $98 |
| $25000 | $143 |
| $50000 | $148 |
| $100000 | $248 |
| $150000 | $498 |
| $250000 | $898 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| R I Trader Pro | ✔ | Desktop | Beginners and experienced traders |
Deposit and Withdrawal
Deposit Options
| Deposit Options | Min. Deposit |
| Credit card | $115 |
| Debit Card | $115 |
| PayPal | $115 |
| Crypto | $115 |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal |
| Credit card | $1000 (For $10000 account the minimum withdraw is $500) |
| Debit Card | |
| PayPal | |
| Crypto |
Customer Service
| Contact Options | Details |
| Phone | +1 (302) 803-6753 |
| support@bulenox.com | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | English |
| Website Language | English, French, Russian, Spain |
| Physical Address | 1201 N Orange St, Suite 7149 Wilmington, DE 19801 |
The Bottom Line
To sum up, traders should think twice when it comes to Bulenox. Safety is always the first thing that needs to think about. Bulenox is not regulated by any financial authorities. Besides, its trading assets are limited. Moreover, the minimum withdrawal is higher than brokers.
FAQs
Is Bulenox safe?
No. It lacks regulation and doesn't need to obey the rules of regulations.
Is Bulenox a good for beginners?
No. It is not regulated.
Does Bulenox truly offer commission-free trading?
No, only the first $10000 is commission-free.
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