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About

A prop firm that shows its working.

Burly sells paid trading evaluations on simulated perpetuals accounts and pays a share of the profit to the traders who pass. That is the whole business. This page says who runs it and how it works on our side.

Registration

Burly

Operating entity not yet published

Jurisdiction
Not yet published
Company no.
Not yet published
Ruleset
RS-2026.10-1
In force since
5 Oct 2026
Market data
Bulk mainnet
Payout wallet
Published with the first payout

What we commit to.

Six things you can hold us to, each with the page where you can check it.

  1. Rules as numbers

    Every rule is a figure with a formula and a worked example. The numbers on this site are read from the same ruleset the risk engine enforces.

    The rules

  2. Your ruleset is fixed

    An account is judged for its whole life by the ruleset in force when it was bought. We cannot change the rules of an account you already own.

    Terms

  3. Payouts in public

    Each paid payout is listed with its transaction signature. Totals and the pass rate appear only once there is enough history for them to mean something.

    The payout ledger

  4. Breaches with evidence

    A breach comes with a report: the rule, the time and the prices used. A wrong price or a platform fault can be appealed within 7 days and is replayed from recorded data.

    What happens on a breach

  5. Decisions by people

    Automatic flags never close an account for conduct on their own. A person reviews each one, and a conduct decision can be appealed to someone else.

    Questions

  6. No invented proof

    No testimonials, no countdown timers, no made-up trader counts. When a table is empty, it says so.

    The leaderboard

What you are buying

A challenge is an evaluation, not an investment and not a brokerage account. You pay a one-time fee and trade a simulated account under two loss limits. If you reach the profit target inside them and verify your identity, we open a funded account, also simulated, and pay you a share of what it makes in USDC.

All Burly accounts are simulated. Orders are filled by our engine against Bulk’s live mainnet order book at real fees and real funding, and no trader funds are deposited or put at risk beyond the challenge fee. Payouts are performance rewards paid by Burly from its own funds. Burly may trade for its own account on Bulk, including by replicating traders’ positions. Most participants do not pass the evaluation.

Burly and Bulk

We read Bulk’s public market data and our engine uses it to fill and mark your account exactly as the market would have. Bulk does not operate Burly, does not hold your fee and does not pay your payouts.

Comes from Bulk

  • The order book and the trades on it
  • Mark price and index price
  • The fee schedule and the hourly funding rate

Run by Burly

  • Your simulated account and its ledger
  • The rules, the risk engine and breach reports
  • Your fee, your refund and your payouts

We may trade on Bulk for our own account, including by replicating the positions of funded traders. That never changes a trader’s ledger, limits or payouts.

How Burly makes money

From challenge fees, and from trading for its own account. Payouts are paid from Burly’s own funds; they are unsecured obligations of the firm, not money held in escrow for you. We say this plainly because it is the part of this industry that is usually left out.

Who can use it

Adults who do not live in a restricted country. Check the eligibility list before you buy, and read the risk disclosure: most participants do not pass the evaluation, and the fee is the cost of trying.

Ask us anything that is not on this page.