Bullwaves Prime Opens a 65% Early Black Friday Offer With Code EARLYBF65 Until November 15, Plus a Buy One Get One After First Payout
Bullwaves Prime has opened an early Black Friday offer of 65% off all of its funding programs with the code EARLYBF65, running from 12 November until 23:59 UTC on 15 November 2026, and it adds a Buy One, Get One reward that applies after a trader’s first payout. The firm has also described a separate public offer for Monday at 60% off with the same BOGO feature, so the early code is the deeper discount by five percentage points. The details come from reporting by Forex Prop Reviews on the firm’s announcement, and Bullwaves Prime has not confirmed the points listed near the end of this story.
The Offer in Detail
Per the report, the early offer was first aimed at the firm’s Discord community and promotional channels. The code EARLYBF65 takes 65% off everything, which the report reads as covering all funding programs. The window opens on 12 November and closes at 23:59 UTC on 15 November, so on the date of this story it has about two days left.
The second element is the BOGO after payout. A trader who secures a first payout becomes eligible for a second challenge. The reporting does not say whether the second challenge is free, whether it matches the first in size, or whether it expires. Those terms decide how much the incentive is worth, and the firm has not set them out in the material JoinProp reviewed.
A public offer follows on Monday, described as 60% off with the same BOGO. If the figures hold, a trader who waits until Monday would pay more than a trader who uses the early code. JoinProp has not calculated a price comparison, because the underlying account prices were not part of the announcement we saw.
Rule Changes That Arrived With the Sale
The report links the promotion to changes on the Two-Step Challenge. The firm has removed the trailing drawdown on those accounts and removed the previous 6% payout cap. JoinProp covered the same rule changes when they were first reported, in our earlier story on the Bullwaves Prime payout cap and consistency rules, so this is a repeat of facts already published rather than a new rule change.
The drawdown point is worth understanding. A trailing drawdown moves up as the account balance reaches new highs, which narrows the room a trader has to absorb a losing streak after a profitable run. Removing it means the loss limit no longer follows the highest balance. The report notes that traders should still check how the replacement limit is calculated, and the firm has not described that calculation in the material we saw.
Removing the 6% cap is also meaningful. A cap limits the share of the starting balance a trader can withdraw in one payout cycle. Without it, a strong cycle is not limited by that rule, although other conditions such as minimum trade counts or payout timing can still apply.
How to Read a Discount of This Size
A 65% discount is among the larger percentages seen in November promotions, but the headline figure is only part of the picture. A trader should look at the price after the discount, the refund or reset terms, the profit target, and the daily and overall loss limits. A cheap entry into a hard rule set can cost more in resets than an expensive entry into a flexible one.
The BOGO after payout deserves similar scrutiny. It rewards traders who reach a payout, which is the outcome the firm wants to encourage, but it is not a payment. It only has value if the trader intends to run a second account. Our guide on payout proof explains how to judge whether a firm’s payout claims are backed up before relying on a payout-linked reward.
What Bullwaves Prime Has Not Confirmed
The announcement as reported leaves several points open. The firm has not stated which account sizes and programs the code covers, whether it stacks with other codes, or whether the BOGO challenge carries the same discount. It has not said how the new loss limit on the Two-Step is calculated, and it has not published the terms of the BOGO in the material JoinProp reviewed.
JoinProp does not currently have a firm review page for Bullwaves Prime, so we are not linking to one here. Traders should read the rules on the firm’s own site before buying, since promotional pages and rule pages can differ. When a firm changes rules and runs a sale at the same time, our retroactive rule change playbook sets out what to document at the time of purchase.
What This Means for the Broader Prop Industry
Black Friday has become the main pricing event of the prop calendar, and firms are starting earlier each year. Bullwaves Prime is using a community-first early window, a tactic that rewards members who follow the firm on Discord and creates urgency before the public price arrives.
The more lasting signal is the combination of discounts with looser rules. Removing trailing drawdowns and payout caps makes a program easier to compare against rivals, and it suggests firms see rule flexibility as a selling point, not just price. Traders weighing several offers this month can use our comparison of prop firm challenges to line up the rules behind each discount.
As always, a lower price is a reason to look, not a reason to buy. Confirm the terms on the firm’s site, keep screenshots of the rules on purchase day, and avoid committing more than you can afford to lose.
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