Funding Models

Firm Capital Prop Firms

Firm Capital Firms covers prop firms that fund traders directly with live firm capital (no SIM evaluation), profiled by proprietarytrading.com.

83 firms match this criteria

Firm-capital firms fund traders on real market capital — no simulator, no evaluation account, no SIM-to-live promotion step. Your P&L is real firm P&L from the first trade.

This is the classic proprietary trading model — closer to how professional prop desks operate than the challenge-based evaluation industry that grew up around retail traders. It typically comes with more selective onboarding, higher payout splits on live P&L, and a longer relationship with the firm.

The firms below fund on live firm capital rather than a SIM evaluation phase. If you're trying to move from retail evaluation firms to a genuine professional prop structure, this is the shortlist to start with.

How a firm qualifies

A firm qualifies when it runs at least one verified firm-capital desk. Structured program data decides membership. A secondary funding model is included when those programs do not already cover it; firms with no programs fall back to their primary and secondary labels.

Results use ProprietaryTrading.com's program and account-tier data where available, with firm-level data used as a fallback when appropriate. Firms with no stated value are excluded rather than counted as zero.

Full methodology →

Industry statistics

What this group looks like

Auto-computed from proprietarytrading.com's firm database

Typical profit split
50%

Median across 28 firms

Most common platforms
Proprietary · Internal · Proprietary systems

Proprietary (48) · Internal (28) · Proprietary systems (4)

Firm
Chicago Trading Company (CTC)
Chicago, USA

Firm Capital

3.5(1)
D. E. Shaw & Co.
New York, USA

Firm Capital

3.5(1)
Volant Trading
New York, NY, USA

Firm Capital

3.5(1)
Point72 Asset Management
Stamford, USA

Firm Capital

3.3(2)
SMB Capital
New York, USA

Firm Leverage + Firm Capital

3.0(8)
Tower Research Capital
New York, USA

Firm Capital

2.8(7)
Group One Trading
Chicago, IL, USA

Firm Capital

2.5(50)
TransMarket Group
Chicago, IL, USA

Firm Capital

1.6(177)
Akuna Capital
Chicago, USA

Firm Capital

No trader reviews yet
AQR Capital Management
Greenwich, CT

Firm Capital

No trader reviews yet
Aspect Capital
London

Firm Capital

No trader reviews yet
Balyasny Asset Management
Chicago, USA

Firm Capital

No trader reviews yet
Belvedere Trading
Chicago, USA

Firm Capital

No trader reviews yet
Brevan Howard
St Helier

Firm Capital

No trader reviews yet
Campbell & Company
Baltimore, MD

Firm Capital

No trader reviews yet
Capstone Investment Advisors
New York, NY, USA

Firm Capital

No trader reviews yet
Capula Investment Management
London, UK

Firm Capital

No trader reviews yet
Citadel LLC
Miami, USA

Firm Capital

No trader reviews yet
Citadel Securities
Miami, USA

Firm Capital

No trader reviews yet
DRW
Chicago, USA

Firm Capital

No trader reviews yet
Dunn Capital Management
Stuart, FL

Firm Capital

No trader reviews yet
Eagle Seven
Chicago, IL, USA

Firm Capital

No trader reviews yet
Eclipse Trading
Hong Kong

Firm Capital

No trader reviews yet
Element Capital
New York, NY, USA

Firm Capital

No trader reviews yet
ExodusPoint Capital
New York, USA

Firm Capital

No trader reviews yet
Five Rings
New York, USA

Firm Capital

No trader reviews yet
Flow Traders
Amsterdam, Netherlands

Firm Capital

No trader reviews yet
G-Research
London

Firm Capital

No trader reviews yet
Garda Capital Partners
Wayzata, MN, USA

Firm Capital

No trader reviews yet
Gelber Group
Chicago, IL, USA

Firm Capital

No trader reviews yet
Geneva Trading
Chicago, USA

Firm Capital

No trader reviews yet
Graham Global Investment Fund
Rowayton, CT

Firm Capital

No trader reviews yet
GTS (Global Trading Systems)
New York, NY, USA

Firm Capital

No trader reviews yet
HC Technologies
Chicago, IL

Firm Capital

No trader reviews yet
Headlands Technologies
Chicago, USA

Firm Capital

No trader reviews yet
Hudson River Trading
New York, USA

Firm Capital

No trader reviews yet
IMC Trading
Amsterdam, Netherlands

Firm Capital

No trader reviews yet
Jane Street
New York, USA

Firm Capital

No trader reviews yet
Jump Trading
Chicago, USA

Firm Capital

No trader reviews yet
Kershner Trading Group
Austin, USA

Firm Leverage + Firm Capital

No trader reviews yet
Liquid Capital Group
Chicago, IL, USA

Firm Capital

No trader reviews yet
Mako Trading
London, UK

Firm Capital

No trader reviews yet
Man AHL
London

Firm Capital

No trader reviews yet
Man Numeric
Boston, MA

Firm Capital

No trader reviews yet
Marshall Wace
London, UK

Firm Capital

No trader reviews yet
Maven Securities
London, UK

Firm Capital

No trader reviews yet
Millennium Management
New York, USA

Firm Capital

No trader reviews yet
Old Mission Capital
Chicago, USA

Firm Capital

No trader reviews yet
Optiver
Amsterdam, Netherlands

Firm Capital

No trader reviews yet
PDT Partners
New York, NY

Firm Capital

No trader reviews yet
PEAK6
Chicago, USA

Firm Capital

No trader reviews yet
Pharo Management
London, UK

Firm Capital

No trader reviews yet
Quadrature Capital
London, UK

Firm Capital

No trader reviews yet
Quantlab Financial
Houston, TX, USA

Firm Capital

No trader reviews yet
QuantRes
George Town

Firm Capital

No trader reviews yet
Radix Trading
Chicago, USA

Firm Capital

No trader reviews yet
Renaissance Technologies
East Setauket, USA

Firm Capital

No trader reviews yet
Rokos Capital Management
London

Firm Capital

No trader reviews yet
RSJ Securities
Prague

Firm Capital

No trader reviews yet
Schonfeld Strategic Advisors
New York, USA

Firm Capital

No trader reviews yet
Spot Trading
Chicago, IL, USA

Firm Capital

No trader reviews yet
Squarepoint Capital
New York/London

Firm Capital

No trader reviews yet
Susquehanna International Group (SIG)
Bala Cynwyd, USA

Firm Capital

No trader reviews yet
Symmetry Investments
Hong Kong

Firm Capital

No trader reviews yet
The Voleon Group
Berkeley, CA, USA

Firm Capital

No trader reviews yet
Tibra Capital
Sydney, Australia

Firm Capital

No trader reviews yet
TJM Investments
Chicago, IL, USA

Firm Capital

No trader reviews yet
Tradebot Systems
Kansas City, MO

Firm Capital

No trader reviews yet
Trexquant Investment
Stamford, CT

Firm Capital

No trader reviews yet
Trillium
New York, USA

Firm Leverage + Firm Capital

No trader reviews yet
Two Sigma Securities
New York, USA

Firm Capital

No trader reviews yet
Vatic Investments
New York, NY, USA

Firm Capital

No trader reviews yet
Verition Fund Management
Greenwich, CT, USA

Firm Capital

No trader reviews yet
Virtu Financial
New York, USA

Firm Capital

No trader reviews yet
Vivcourt Trading
Sydney

Firm Capital

No trader reviews yet
Voloridge Investment Management
Jupiter, FL

Firm Capital

No trader reviews yet
Walleye Capital
Minnetonka, USA

Firm Capital

No trader reviews yet
WH Trading
Chicago, IL, USA

Firm Capital

No trader reviews yet
Wintermute
London, UK

Firm Capital

No trader reviews yet
Winton Group
London

Firm Capital

No trader reviews yet
Wolverine Trading
Chicago, USA

Firm Capital

No trader reviews yet
WorldQuant
Old Greenwich, USA

Firm Capital

No trader reviews yet
XTX Markets
London, UK

Firm Capital

No trader reviews yet

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