BullX vs Rayo: which one should trade for you

What BullX is and where it's strong

BullX Neo is a web-based trading terminal for Solana, built for people who want a full screen of charts, filters, and order tools rather than a chat window. You log in through its Telegram bot to generate a key, then do the actual trading on bullx.io: multi-chart layouts you can arrange side by side, an Explore page for scanning newly launched tokens, wallet tracking to watch what known or profitable traders are buying, and automation like auto-sell with multiple take-profit and stop-loss levels set at once. It supports multiple chains and multiple wallets managed from the same screen, which is genuinely useful if you're running several strategies in parallel rather than one position at a time. There's also a Wallet Manager for keeping those wallets organized and a Neo Vision layer for reading token data quickly. For a trader who wants a dashboard-first workflow with a lot of dials to turn and a lot of charts open at once, BullX is a strong, mature tool with real depth behind it.

BullX fees

BullX charges 1% on both the buy and the sell, taken from the SOL amount you put in, per its own fee documentation. On top of that, the underlying liquidity pool or launchpad charges its own protocol fee, which BullX's docs say can range from 0.15% up to 5% depending on where the token trades, so the total cost of a trade depends on which pool it fills through, not just the BullX percentage. Then there's priority fee and "bribe" settings, SOL you pay validators or the Jito network to get your transaction confirmed faster, both defaulting to 0.01 SOL and adjustable higher when the network is congested, plus an extra static amount if you turn on MEV-only routing. BullX also runs an affiliate and referral program, per its terms of use, though the specific discount percentage isn't spelled out on the fees page itself. Add it up and a BullX trade can carry several separate line items before you know the final cost.

What Rayo does differently

Rayo lives entirely inside Telegram, no separate site to log into and no browser tab to keep open all day. You get your own wallet the moment you start the bot, with the private key exportable whenever you want it, so it's yours from the first message. Every buy runs through Jupiter's routing to find the fill, and before the trade goes through, Rayo checks the token for freeze authority, Token-2022 transfer hooks, transfer fees, and permanent delegate flags, then shows you the exact quote before you confirm, so you know what you're buying and what you'll actually receive before you send anything. The flat fee is 1%, or 0.9% if you came in through an invite link, and that's the whole fee, no separate protocol percentage to hunt down after the fact. Every position's PNL is calculated net of every fee it paid and exports straight to a CSV, and Rayo runs a five-level referral structure paying out up to 38.5% back to the people who brought you in. It also does wallet tracking and copy trading, both running through the same chat window you're already using, plus limit buy, take-profit, stop-loss, and trailing stop, set right after a buy or from the token card and managed with /orders.

Who should use which

If you want a big screen with multiple charts open, cross-chain positions, and a token-discovery feed to scan while you work, BullX's terminal is built for exactly that kind of desk setup. If you'd rather trade from your phone without opening a browser, want the wallet's private key in your own hands from minute one, and want to see the safety checks on a token before you commit SOL to it, that's the lane Rayo runs in.

How to switch or use both

Nothing here is exclusive. BullX's wallet setup runs through its own Telegram bot and its own key, and Rayo's wallet is separate and independent, so running both doesn't create any conflict between them. You can keep a BullX terminal open for scanning and charting across chains while routing your actual buys and sells through Rayo for the flat fee, the pre-trade checks, and the fee-inclusive exportable PNL. Moving is just opening the bot and starting, there's no migration step, no account to close on either side, and no funds to move between them unless you choose to.

Side by side

Sources

• https://bullx.gitbook.io/bullx-neo-docs/fees-and-gas
• https://bullx.gitbook.io/bullx-neo-docs/trading-terminal/trading
• https://bullx.gitbook.io/bullx-neo-docs/wallet-tracking
• https://bullx.gitbook.io/bullx-neo-docs/automation/auto-sell
• https://bullx.gitbook.io/bullx-neo-docs/getting-started/private-keys
• https://bullx.gitbook.io/bullx
• https://bullx.gitbook.io/bullx-neo-docs
• https://rayotrade.com