⚠️ Reported Identity (Observed, not verified)

Bullwaves Prime

Data Source: AI Extracted (Unverified)

This information was extracted using AI and has not been manually verified. Please cross-reference with the official website for accuracy.

Status: Active First seen: Jan 17, 2026 • Updated: Sep 1, 2026

FIRM INFORMATION

📂 Firm Overview

Broker:	Bullwaves
Platform:	MT5
Payment Methods:	Bank Transfer, Bitcoin, Credit Card, Crypto, Debit Card, Ethereum, Neteller, USDT
Payout Methods:	Bank Transfer, Crypto, USDT, Wire Transfer

📂 Instruments and Assets

Type of Instruments:	Commodities, Crypto, ETFs, Forex, Indices, Stocks
Assets:	Apple, Bitcoin, Crude Oil, Ethereum, EUR/USD, GBP/USD, GER40, Tesla, US100, US30, XAG/USD, XAU/USD

📂 Leverage:

One-Step & Two-Step Challenges

Forex: 1:50
Indices: 1:50
Commodities: 1:50
Crypto: 1:50
Stocks: 1:50

*(Note: While the Bullwaves broker offers higher leverage, the Prop Firm 'Prime' program caps leverage at 1:50)*

📂 Commissions:

Standard Structure

Forex: $0 commission (spread only)
Indices: $0 commission
Commodities: $0 commission
Crypto: Spread only
Stocks: Spread only

*(Bullwaves Prime typically uses a spread-based/commission-free pricing model for its challenge accounts)*

📂 Consistency Rules:

Profit Consistency Rule

No single trading day or single trade can account for more than 30% of total profits
If breached, invalid trades are removed but account remains active

Lot Size Consistency Rule

Trades must fall within a range of -70% to +100% of the average lot size
Calculated based on the average lot size of all trades

📂 Firm Rules:

Trading Rules

Minimum trading days: 10 days
Maximum daily loss: 4% (One-Step) / 5% (Two-Step)
Maximum total loss: 8% (One-Step) / 10% (Two-Step)
Time limit: Unlimited

Prohibited Strategies

No High-Frequency Trading (HFT)
No Arbitrage (Latency, Reverse, Hedge)
No Group Hedging or Copy Trading between users
No Tick Scalping
No News Trading (Restricted 2 minutes before/after high-impact events)
No Grid Trading
No 'All-or-Nothing' gambling style (using max margin on single trades)

📂 Payout Policy:

Payout Schedule

First payout: 15 calendar days after first trade
Frequency: Bi-weekly (every 14 days) thereafter
Processing time: 1-3 business days

Profit Split

80% to trader (default)
90% to trader (achievable via scaling/add-ons)

Requirements

KYC verification completed
Minimum $50 withdrawal amount
No rule violations

📂 Restricted Countries:

United States, Afghanistan, Belarus, Belgium, Central African Republic, China, Cuba, Iran, Libya, Nicaragua, North Korea, Palestine, Russia, Venezuela, Syria, Myanmar

Change History

All changes are immutable and append-only.

Date	Action	Categories
Jan 25, 2026	create	General, Commissions, Consistency Rules, Firm Overview, Firm Rules, Instruments and Assets, Payout Policy, Restricted Countries

HISTORICAL PROMOTION OBSERVATIONS

Recent observations from PropFirmDiscount.com (preview). Does NOT affect registry visibility.

Title	DiscountDisc.	Last VerifiedL. Ver.
20% Price Reduction on 5K, 10K, 25K and 50K Evaluation Accounts Lowers Account Purchase Cost	20% Off	Jun 10, 2026
80% Off 5K and 10K 2-Step Trading Challenges	80% Off	May 18, 2026
10% Discount on Evaluations Starting at $53	10% Off	Apr 30, 2026
Easter Deal: 100% Deposit Bonus for Traders	Full Bonus	Mar 30, 2026
30% Off Upfront Entry Cost for Evaluation Accounts	30% Off	Mar 25, 2026
100% Deposit Bonus For Account Funding	Full Deposit Bonus	Mar 25, 2026
15% Off 2-Step Evaluation Accounts (5K-200K)	15% Off	Mar 25, 2026
30% Reduction On Two-Step Evaluation Cost	30% Off	Feb 21, 2026
100% Off $10,000 Two-Step Challenge Account Deal	100% Off	Feb 17, 2026
30% Off Challenge Fees for Valentine's Day Special	30% Off	Feb 16, 2026