Bulenox vs IQ Capital: Full Comparison
Bulenox, founded in 2022, based in US, and IQ Capital, based in LC, are both popular choices among futures and crypto and forex prop traders. Bulenox offers up to $2,750,000 in funding across 5 accounts, while IQ Capital provides up to not published. Both firms support NinjaTrader, Quantower, ATAS.
The verdict
Bulenox is the cheaper way in at $14 true cost versus $135 for IQ Capital. Bulenox returns more to the trader with a 90% profit split. True cost compares Bulenox's $50,000 Momentum · Trailing account with IQ Capital's $50,000 Futures Rapid Daily (1D) account, after current discounts and activation fees.
| Feature | Bulenox | IQ Capital |
|---|---|---|
| Profit Split | 90% | 80% |
| Trader rating | 4.7/5 | 4.7/5 |
| Max Funding | $2,750,000 | not published |
| Entry cost (cheapest account) | $9.40 | $135 |
| True Cost (selected account) | $14 · $50,000 | $135 · $50,000 |
| Max Drawdown (selected account) | Not published | $2,000 |
| Daily Loss Limit (selected account) | None | $1,000 |
| Largest Account | $150,000 | $200,000 |
| Payout Frequency | Daily | Every 1 trading days |
| Trading days per payout cycle (selected account) | Not published | 1 trading day |
| Evaluation Type | 1-step, Instant funding | 1-step, Instant funding |
| Platforms | 22 | 14 |
| Discount | up to 90% off | up to 80% off |
Where Bulenox Wins
- +Higher profit split (90% vs 80%)
- +Lower entry cost on its cheapest account, a $25,000 ($9.40 vs $135 for a $50,000)
- +More platform options (22 vs 14)
- +Bigger current discount (up to 90% vs up to 80%)
Read the full Bulenox review for rules, pricing tiers and payout details.
Frequently Asked Questions
What is the main difference between Bulenox and IQ Capital?
Bulenox offers a 90% profit split with 1-step/Instant funding evaluation, while IQ Capital offers a 80% profit split with 1-step/Instant funding evaluation. Bulenox supports 22 trading platforms and IQ Capital supports 14. Bulenox has a trader rating of 4.7/5 compared to IQ Capital's 4.7/5.
Which is cheaper, Bulenox or IQ Capital?
Bulenox is cheaper to enter: $14.30 all-in for a $50,000 account, against $135 for IQ Capital's $50,000 account. Both figures are after the current discount and include the activation fee. Entry cost excludes renewals, resets, taxes and optional charges; it is not the total cost of reaching a payout. Both firms offer discounts — Bulenox at up to 90% off and IQ Capital at up to 80% off.
Which has better payout terms, Bulenox or IQ Capital?
Bulenox pays out daily with a minimum of $1,000, while IQ Capital pays out every 1 trading days with no published minimum for that selected account. The trading-day requirement for Bulenox's selected payout cycle is not published, and IQ Capital's selected account requires at least 1 trading day per payout cycle. Qualifying-day profit thresholds, buffers, consistency rules and approval requirements still apply. A trading-day minimum is not a payment-delivery estimate.
Can I use trading bots with Bulenox and IQ Capital?
Bulenox does not publish a trading-bot policy, while IQ Capital does not publish a trading-bot policy. On VPNs, Bulenox does not publish a VPN policy and IQ Capital permits VPN use under published conditions.
Bulenox vs IQ Capital — quick answer
Bulenox vs IQ Capital for 2026: compare evaluation types (1-step, Instant funding vs 1-step, Instant funding), payout cadence for the selected accounts (Daily vs Every 1 trading days), platforms, and true challenge cost. Bulenox offers a higher profit split (90% vs 80%). Use the tables below for drawdown, minimum days, and current promotion status before you buy.
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