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Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

Bullwaves Prime Bullwaves Prime
FTMO FTMO
Overview
Asset Type CFD CFD
Country Seychelles Czech Republic
Established Sep 2024 Jan 2015
Technology White-Label Proprietary
Platforms MT5 cTrader, MT5, MT4
Trading Rules
Profit Split Up to 100% (base + 20% add-on) Best Up to 90%
Daily Drawdown 4% (1-Step) / 5% (2-Step) Maximum Daily Loss Amount, which is 5% of the Initial Simulated Capital (2-Step) or 3% (1-Step)
Payout Frequency Every 15 calendar days
First payout eligible 15 calendar days after first trade; subsequent payouts every 15 calendar days
Bi-weekly (every 14 days)
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Up to $400K funding, MT5 platform, raw spreads from 0.0 pips, accounts from $59 (2-Step 5K), all assets allowed, 1:50 leverage, regulated broker backing (Equitex Capital SD185), 100% profit split with add-on
  • Up to 90% of your simulated profits as a reward, accounts up to $200,000 FTMO Account, established 2015 with 3.5M+ customers worldwide, MT4 MT5 cTrader supported, 100% refund of initial fee on first reward (2-Step), Prague-based with $500M+ paid in rewards
Main Drawbacks
  • TrustPilot rating suspended due to fake-review breach of guidelines, multiple user complaints about payout denials and account confiscation, offshore-only (Moonance LLC SVG + Equitex Seychelles), restricted in many jurisdictions including US/EU sanctions lists, no daily drawdown override available
  • All accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only; prices charged in EUR; 2-Step Verification phase required before reaching FTMO Account
Offers & Promo Codes
Active Offers No offers No offers

Challenge Details

Bullwaves Prime Challenges

13 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$59
One time
$5K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
Up to 100% (base + 20% add-on) None
$89
One time
$5K 1 Step P1: 10%
P1: 4%
P1: 8%
Up to 100% (base + 20% add-on) None
$99
One time
$10K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
Up to 100% (base + 20% add-on) None
$149
One time
$10K 1 Step P1: 10%
P1: 4%
P1: 8%
Up to 100% (base + 20% add-on) None
$199
One time
$25K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
Up to 100% (base + 20% add-on) None
$299
One time
$50K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
Up to 100% (base + 20% add-on) None
$329
One time
$25K 1 Step P1: 10%
P1: 4%
P1: 8%
Up to 100% (base + 20% add-on) None
$449
One time
$50K 1 Step P1: 10%
P1: 4%
P1: 8%
Up to 100% (base + 20% add-on) None
$549
One time
$100K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
Up to 100% (base + 20% add-on) None
$649
One time
$100K 1 Step P1: 10%
P1: 4%
P1: 8%
Up to 100% (base + 20% add-on) None
$999
One time
$200K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
Up to 100% (base + 20% add-on) None
$1199
One time
$200K 1 Step P1: 10%
P1: 4%
P1: 8%
Up to 100% (base + 20% add-on) None
$2199
One time
$400K 1 Step P1: 10%
P1: 4%
P1: 8%
Up to 100% (base + 20% add-on) None

FTMO Challenges

10 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$79
EUR one-time
$10K 1 Step P1: 10%
P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
90% None
$89
EUR one-time
$10K 2 Steps P1: 10%
P2: 5%
P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
Up to 90% None
$199
EUR one-time
$25K 1 Step P1: 10%
P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
90% None
$250
EUR one-time
$25K 2 Steps P1: 10%
P2: 5%
P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
Up to 90% None
$319
EUR one-time
$50K 1 Step P1: 10%
P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
90% None
$345
EUR one-time
$50K 2 Steps P1: 10%
P2: 5%
P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
Up to 90% None
$540 $439
EUR one-time (popular tier, on sale)
$100K 2 Steps P1: 10%
P2: 5%
P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
Up to 90% None
$499
EUR one-time (popular tier)
$100K 1 Step P1: 10%
P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
90% None
$999
EUR one-time
$200K 1 Step P1: 10%
P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
90% None
$1080
EUR one-time
$200K 2 Steps P1: 10%
P2: 5%
P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
Up to 90% None