Bullwaves Prime has launched its Black Friday Sale, giving eligible community members 65% off all funding programs alongside a Buy One, Get One (BOGO) reward after their first payout. The Bullwaves Prime Black Friday Sale also arrives alongside significant changes to the firm’s Two-Step Challenge, including the removal of trailing drawdown and the previous 6% payout cap. Together, these updates offer traders a lower entry cost and a revised set of funded account conditions.
Bullwaves Prime Introduces 65% Black Friday Sale
The firm has activated an exclusive early-bird promotion for its community members, with the offer initially available through its Discord community and promotional channels.
Traders can use the code EARLYBF65 to receive 65% off everything, with the promotion running from November 12 to November 15, 2026, until 23:59 UTC. The offer also includes a BOGO after payout incentive, allowing eligible traders to receive a second challenge after securing their first payout.
Bullwaves Prime has also outlined a separate public promotion scheduled for Monday. The public offer will provide 60% off alongside the same BOGO after payout incentive, making the current community promotion the more heavily discounted entry point.
The distinction between the two offers is worth noting. Traders who qualify for the early-bird promotion receive an additional five percentage points in savings compared with the upcoming public discount.
Major Changes to Two-Step Challenge Trading Rules
Beyond the promotional pricing, Bullwaves Prime has announced two important changes to its Two-Step funding model.
First, the firm has officially removed the trailing drawdown requirement on Two-Step accounts. Previously, the maximum loss limit followed the account’s highest recorded balance, meaning profitable trading periods could change the amount of room available before breaching the account.
Removing this mechanism changes how traders can manage their funded capital. In particular, traders who prefer allowing winning positions to run or building profits over multiple trading sessions may find the revised drawdown structure easier to work with. However, they should check the replacement loss-limit calculation and applicable account rules before purchasing.
The second change is the removal of the 6% payout cap. Previously, withdrawals on the Two-Step Challenge were limited to 6% of the initial account balance per payout cycle. Removing this restriction could make a meaningful difference for profitable traders, particularly those generating returns above the previous withdrawal threshold.
Rather than having withdrawals restricted by that percentage, traders can potentially access a larger portion of their eligible profits, subject to the firm’s remaining payout requirements.
Why the Black Friday Offer Matters for Traders
The combination of discounted challenge fees and revised payout conditions makes this promotion particularly interesting.
Challenge pricing is an important consideration when selecting a proprietary trading firm. A 65% discount significantly reduces the initial financial commitment, allowing traders to access larger evaluation accounts at a lower cost. However, cheaper entry fees should not encourage traders to purchase multiple challenges without a clear strategy.
The BOGO incentive introduces another interesting element. By linking the second challenge to the first successful payout, Bullwaves Prime is rewarding traders who demonstrate that they can navigate its evaluation and funded stages. It also creates a retention incentive, encouraging successful traders to continue using the firm’s funding programs rather than treating their first payout as the end of the relationship.
For traders, the practical value of this arrangement depends on the conditions attached to the second challenge, including eligibility, account selection, and redemption requirements.
What Traders Should Check Before Purchasing
Bullwaves Prime offers both One-Step and Two-Step evaluation programs, with account sizes and evaluation requirements varying between the two models. Its trading environment also provides access to instruments across forex, commodities, indices, stocks, and cryptocurrencies through MetaTrader 5.
However, traders should pay particular attention to which changes apply to their selected account. The announcement specifically identifies the removal of trailing drawdown and the 6% payout cap on Two-Step accounts. It should not automatically be assumed that identical changes apply to the One-Step Challenge.
Existing requirements, including minimum trading days, consistency conditions and payout eligibility rules, also deserve attention. The firm should provide the updated contractual rules before purchase so traders can assess the actual conditions governing their accounts.
Ultimately, the strongest part of this Black Friday campaign is not simply the headline discount. It is the combination of lower challenge costs with changes that could directly affect how funded traders manage drawdown and withdraw profits.
Traders interested in the early-bird promotion can use EARLYBF65 before November 15, 2026, at 23:59 UTC. Check Forex Prop Reviews’ Bullwaves Prime review and offers page for additional information before choosing a funding program.
