General info
Founded2024
CountrySeychelles
Payout methodsCrypto, Mastercard, Visa
Payment methodsCredit Card, Crypto
About company
Bullwaves Prime is a premier prop firm giving traders worldwide access to up to $400,000 in real trading capital and scaling up to $2,000,000, allowing them to apply their skills without risking their personal funds. Backed by the FSA-regulated broker Bullwaves, Bullwaves Prime was founded to provide traders with a fair path to success in prop trading. Built by industry experts, the firm offers a supportive environment where traders can grow with confidence. Its mission is to empower traders by offering flexible funding, competitive profit splits, and a clear set of rules.
Account currencies
Tradable assets
ForexCryptoOther CommoditiesMetalsIndicesStocksETFs
Trading platforms
Challenge Comparison
Trading Rules
1 Step Challenge
- Profit target: 10%
- Maximum daily loss: 4%
- Maximum loss: 8%
- Minimum trading days: 10
- Consistency: no single trading day may represent 30% or more of the total account profit
2 Step Challenge
- Profit target: 8% (Phase 1), 5% (Phase 2)
- Maximum daily loss: 5%
- Maximum loss: 10%, plus a trailing drawdown that follows the highest equity reached and never moves down
- Minimum trading days: 10
- Consistency: no single trading day may represent 40% or more of the total account profit
All accounts
- Daily drawdown is equity based, calculated from the highest equity reached during the current trading day, and resets at 00:00 Market Watch time (17:00 EST)
- A loss of more than 2% of the initial balance on a single trade idea breaches the account
- No opening or closing positions within 3 minutes before or after a news release
- Hedging between different accounts is prohibited
- First payout 15 calendar days after the first trade; the maximum gain eligible for profit split in one payout period is 6% of the funded account starting balance
- Profit split 80%, up to 100% with the Higher Profit Share add-on
- Leverage 1:50, MetaTrader 5