Bullwaves Prime Review

Thinking about getting funded? Dive into our 2025 review of Bullwaves Prime — a trader-first proprietary trading firm offering flexible 1-Step and 2-Step Challenge programs. Traders benefit from up to 90% profit splits, accounts ranging from $10K to $200K, and no time pressure thanks to unlimited evaluation periods. With ultra-low spreads (as low as 0.01 pips), real market liquidity, fast payouts, and support via a slick MT5 platform, Bullwaves Prime delivers a transparent and high-performance trading environment.

Challenges

Bullwaves Prime offers flexible funding through both 1-Step and 2-Step Challenges. The 2-Step Challenge requires hitting an 8% profit target in Phase 1 and 5% in Phase 2, with a 5% daily drawdown, 10% total drawdown, and a minimum of 10 trading days per phase—plus no time limits. The 1-Step Challenge targets 10% profit with a 4% daily and 8% total drawdown, also with a 10-day minimum and no time restrictions. Both options provide low spreads, real-market execution via MT5, and profit splits of up to 80% or more, catering to different trading styles while maintaining clear risk rules.

At present, FxVerify does not have any user reviews available for Bullwaves Prime. Feedback from traders who have used a prop firm is often helpful for understanding the real-world service quality, including aspects like support responsiveness and withdrawal processing times. We will update this section should verified user experiences become available.

Evaluation Rules

For the most accurate and up-to-date rules please refer to the company's official terms and conditions along with their FAQ.

Trading Platforms: Advanced MetaTrader 5 Available

Bullwaves Prime offers MetaTrader 5 (MT5) as its primary trading platform, providing traders with fast performance, advanced analysis tools, and access to a wide range of markets. The features above highlight why MT5 is a powerful choice for both beginner and professional traders.

Withdrawal methods : Crypto available

Bullwaves Prime processes payouts via Bank Wire or USDT (ERC20), aiming to send funds within 2–5 full business days of the request, though they strive to complete them as quickly as possible. Crypto withdrawals have no fees, while bank wire transactions carry a $30 flat fee. The minimum withdrawal amount is $50, and traders are encouraged to submit their payout information promptly to avoid delays—this includes providing a valid USDT (ERC20) wallet address for crypto or bank account details for wire transfers. For security and accuracy, Bullwaves Prime may take up to 24 hours to verify payout details before confirming the transaction.

Bullwaves Prime Profile

Bullwaves Prime is a proprietary trading firm providing traders with funding opportunities. Traders can choose from different account types and trade a variety of instruments including forex, commodities, indices and metals. The firm supports its global client base with responsive customer service and offers withdrawals via bank wire or USDT (ERC20). With a straightforward evaluation process, defined risk parameters, and flexible trading conditions, Bullwaves Prime aims to offer a transparent and trader-focused route to securing funded accounts.

Bullwaves Prime Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.