(Version 3.0)
Bull Waves Prime is the first proprietary trading firm directly powered by a regulated broker, offering traders access to MetaTrader 5 (MT5) with both instant funding and challenge accounts. We provide traders with up to 10x the capital they invest, allowing complete freedom to trade without restrictive rules, alongside top-tier security thanks to our regulatory oversight.
We offer MetaTrader 5 (MT5), known for its advanced charting, algorithmic trading, and customizability, making it ideal for professional traders.
We offer up to 1:100 leverage on all accounts, maximizing your capital’s trading power.
We offer two types of accounts:
Instant funding account sizes include:
$1,000
$3,000
$5,000
$10,000
$20,000
$50,000
$100,000
With Bull Waves Prime’s instant funding, you pay a one-time fee and get immediate access to a funded account with capital up to 10x your payment. No need for evaluations or challenges—you can start trading right away.
No daily drawdown limits: Trade freely without the constraint of daily loss limits.
Consistency rules:
Profit Consistency: We apply a 30% Daily Profit Consistency Rule. Therefore, upon submitting a withdrawal request, no single day of trading may account for more than 30% of your total profits, and this applies strictly to profits, not PnL. For example, if at the end of a 15-day period your account reflects a total profit of $10,000, then no single day’s trading can exceed 30% of that amount, which is $3,000. Once a payout withdrawal request is submitted any trades breaching this rule will be considered a soft breach and we will remove the invalid trades while keeping account access. Additionally, no single trade can account for 30% or more of the total requested total profit. For example: If by the end of the 15 days period, your account has a total profit of $10,000, then no single trade can account for more than 30% of $10,000.
Lot Size Consistency: The Lot Size Consistency Rule is applied once a payout withdrawal request has been submitted, to ensure consistency within your trading. To satisfy the Lot Size Consistency Rule, your average trade size is used to calculate your trading range. The range is determined by adding 100% to your average trade size to determine the maximum value and subtracting 70% to determine the minimum value. Once a payout withdrawal request is submitted any trades breaching this rule will be considered a soft breach and we will remove the invalid trades while keeping account access.
Leverage: All accounts have 1:100 leverage to maximize trading opportunities.
Max drawdown: Each account comes with a maximum overall drawdown limit based on account size.
Not allowed strategies: Traders are not allowed to use the following strategies:
Multiple accounts: Traders can have multiple instant accounts but are not allowed to hedge between different accounts or challenges.
Every time a trader reaches 10% profit, their account size doubles, up to a maximum of $2,000,000. Note that withdrawals are deducted from profits before doubling. If a scaling request is made, profits will be reset, and a new account will be provided.
Traders are not allowed to use the following strategies:
For each doubling that the customer makes on his instant funding account the profit split % increases by 5% up to a maximum of 80%
Our leaderboard highlights the top-performing instant funded traders. This allows others to follow their performance, copy their trades, or gain visibility within the trading community.
Challenge account sizes include:
$10,000
$25,000
$50,000
$100,000
$200,000
Challenge accounts require you to pass an evaluation to demonstrate your trading skill. Once the challenge is successfully completed, you gain access to a funded account corresponding to your challenge size.
Daily drawdown limit: There is a 5% daily drawdown limit, meaning you cannot lose more than 5% in one day.
Maximum drawdown: The total maximum drawdown is 10% of your account.
Maximum drawdown is not updated daily, it’s updated every-time the trader makes more profit, this means that the Maximum drawdown trails based on the profit.
For example, if you purchase an account of 200.000 and make profit up to 205.000, this will be your new starting point account to calculate the Max drawdown.Therefore, the maximum loss limit trailed itself to 184.500 (given that the max loss allowed is 10% or 20.500k$). From that point onwards, if the account goes down below 184.500, you will breach the rule and the account will be failed.
No time limits: There are no time restrictions on how long you can take to pass the challenge.
Leverage: All challenge accounts come with up to 1:100 leverage.
Profit target: You must achieve a specific profit target to pass, but you can take your time to reach it.
Not allowed strategies: Traders are not allowed to use the following strategies:
Consistency rules:
Profit Consistency: We apply a 30% Daily Profit Consistency Rule. Therefore, upon submitting a withdrawal request, no single day of trading may account for more than 30% of your total profits, and this applies strictly to profits, not PnL. For example, if at the end of a 15-day period your account reflects a total profit of $10,000, then no single day’s trading can exceed 30% of that amount, which is $3,000. Once a payout withdrawal request is submitted any trades breaching this rule will be considered a soft breach and we will remove the invalid trades while keeping account access. Additionally, no single trade can account for 30% or more of the total requested total profit. For example: If by the end of the 15 days period, your account has a total profit of $10,000, then no single trade can account for more than 30% of $10,000.
Lot Size Consistency: The Lot Size Consistency Rule is applied once a payout withdrawal request has been submitted, to ensure consistency within your trading. To satisfy the Lot Size Consistency Rule, your average trade size is used to calculate your trading range. The range is determined by adding 100% to your average trade size to determine the maximum value and subtracting 70% to determine the minimum value. Once a payout withdrawal request is submitted any trades breaching this rule will be considered a soft breach and we will remove the invalid trades while keeping account access.
Yes, you can have multiple challenge accounts, but hedging between different accounts or challenges is not allowed.
EAs are allowed only during the evaluation phase and not on the ‘funded’ accounts.
Yes, Bull Waves Prime offers high-quality copy trading technology. Anyone can become a strategy provider and earn from their followers’ performance, or traders can choose to copy the strategies of top performers. The leaderboard helps identify successful traders who may offer their strategies for copying.
Yes, we offer an affiliate program where you can earn a percentage commission on all sales from your referred clients. This allows affiliates to generate income by promoting Bullwaves Prime.
You can request withdrawals at any time. We process withdrawals securely and quickly via multiple payment options, ensuring timely access to your funds.
Trading with Bull Waves Prime ensures double protection: First, being powered by a regulated broker guarantees the safety of your funds and adherence to strict financial oversight.Second, it ensures that our operations are transparent, protecting you from hidden fees, sudden account changes, or other unpleasant surprises that are more common with unregulated firms.
While we allow traders to log in from multiple devices, there may be restrictions on the number of unique IP addresses to prevent account sharing or fraudulent activities. For detailed policies regarding IP usage, please refer to our terms of service.
At Bull Waves Prime, we aim to fund the best traders, helping them grow their accounts in a secure, professional trading environment.
Bullwaves is a trading name of Equitex Capital Limited (Registration No. 8434948-1), a company authorized and regulated by the Financial Services Authority (the “FSA”, licence no. SD185) with legal registered address in CT House, office number 9A, Providence, Mahe, Seychelles and physical address in Office No. Al9C, Providence Complex, Providence, Mahe, Seychelles.
ETX Services Limited, with company registration number HE455407, a company registered in Cyprus with a registered address at Archiepiskopou Makariou 111160, 3026 Limassol, acts to facilitate payments and provide supporting services to Equitex Capital Limited.
Risk Disclaimer:
Over-the-counter derivatives are complex instruments and come with a high risk of losing your initial capital rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors.
When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. Equitex is not a financial advisor and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any Bullwaves products or services and obtain independent professional advice as necessary.
Regional Restrictions:
The information or services described on this website is not directed at or offered to residents of North Korea, United States, Afghanistan, Belarus, Central African Republic, China, Cuba, Libya, Nicaragua, Palestinian Authority/Gaza/West Bank, Venezuela and to jurisdictions on the FATF and EU/UN sanctions lists or any other person in any jurisdiction where such distribution or use would be contrary to local laws or regulations. For more information please contact our support. Clients who onboarded via www.bullwaves.com can contact our support team at support@bullwaves.com. For complaints please email us at compliance@bullwaves.com
Copyright © Equitex Capital Limited. All rights reserved.
