Funding Models
Firm Capital Prop Firms
72 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.
Industry statistics
What this group looks like
Auto-computed from proprietarytrading.com's firm database
- Typical profit split
- 50%
- Most common platforms
- Proprietary · Internal · CQG
Median across 27 firms
Proprietary (49) · Internal (16) · CQG (5)
| Firm | |
|---|---|
| Hudson River Trading New York, USA 4.8(1,401) | |
| Campbell & Company Baltimore, MD 4.6(41) | |
| Optiver Amsterdam, Netherlands 4.6(63) | |
| Eagle Seven Chicago, IL, USA 4.5(119) | |
| Old Mission Capital Chicago, USA 4.5(8,993) | |
| Maven Securities London, UK 4.4(23) | |
| Virtu Financial New York, USA 4.3(17) | |
| Geneva Trading Chicago, USA 4.1(20) | |
| Flow Traders Amsterdam, Netherlands 4.1(10) | |
| Capstone Investment Advisors New York, NY, USA 3.9(6) | |
| Jane Street New York, USA 3.8(5) | |
| G-Research London 3.6(2) | |
| Two Sigma Securities New York, USA 3.6(2) | |
| Akuna Capital Chicago, USA No community reviews yet | |
| AQR Capital Management Greenwich, CT No community reviews yet | |
| Aspect Capital London No community reviews yet | |
| Belvedere Trading Chicago, USA No community reviews yet | |
| Brevan Howard St Helier No community reviews yet | |
| Capula Investment Management London, UK No community reviews yet | |
| DRW Chicago, USA No community reviews yet | |
| Dunn Capital Management Stuart, FL No community reviews yet | |
| Garda Capital Partners Wayzata, MN, USA No community reviews yet | |
| GTS (Global Trading Systems) New York, NY, USA No community reviews yet | |
| HC Technologies Chicago, IL No community reviews yet | |
| Headlands Technologies Chicago, USA No community reviews yet | |
| Mako Trading London, UK No community reviews yet | |
| Man AHL London No community reviews yet | |
| Man Numeric Boston, MA No community reviews yet | |
| Marshall Wace London, UK No community reviews yet | |
| PDT Partners New York, NY No community reviews yet | |
| PEAK6 Chicago, USA No community reviews yet | |
| Quadrature Capital London, UK No community reviews yet | |
| Quantlab Financial Houston, TX, USA No community reviews yet | |
| QuantRes Under review George Town No community reviews yet | |
| Radix Trading Chicago, USA No community reviews yet | |
| Rokos Capital Management London No community reviews yet | |
| RSJ Securities Prague No community reviews yet | |
| Squarepoint Operations London No community reviews yet | |
| Susquehanna International Group (SIG) Bala Cynwyd, USA No community reviews yet | |
| Symmetry Investments Hong Kong No community reviews yet | |
| The Voleon Group Berkeley, CA, USA No community reviews yet | |
| Tibra Capital Sydney, Australia No community reviews yet | |
| TJM Investments Chicago, IL, USA No community reviews yet | |
| Trexquant Investment Stamford, CT No community reviews yet | |
| Vatic Investments New York, NY, USA No community reviews yet | |
| Verition Fund Management Greenwich, CT, USA No community reviews yet | |
| Voloridge Investment Management Jupiter, FL No community reviews yet | |
| WH Trading Chicago, IL, USA No community reviews yet | |
| Wintermute London, UK No community reviews yet | |
| Winton Group London No community reviews yet | |
| Wolverine Trading Chicago, USA No community reviews yet | |
| XTX Markets London, UK No community reviews yet | |
| Chicago Trading Company (CTC) Chicago, USA 3.5(1) | |
| Pharo Management London, UK 3.5(1) | |
| TransMarket Group Chicago, IL, USA 3.5(1) | |
| Volant Trading New York, NY, USA 3.5(1) | |
| Liquid Capital Group Chicago, IL, USA 3.3(16) | |
| Element Capital New York, NY, USA 3.2(34) | |
| Five Rings New York, USA 3.2(7) | |
| Tradebot Systems Kansas City, MO 3.1(8) | |
| Jump Trading Chicago, USA 3.0(5) | |
| Eclipse Trading Hong Kong 2.9(7) | |
| IMC Trading Amsterdam, Netherlands 2.9(8) | |
| Tower Research Capital New York, USA 2.8(7) | |
| Spot Trading Chicago, IL, USA 2.4(61) | |
| Group One Trading Chicago, IL, USA 2.0(40) | |
| Citadel Securities Miami, USA 1.5(60) | |
| Clear Street Active Trading New York, NY, USA No community reviews yet | |
| Cy Group Trading Chicago, IL, USA No community reviews yet | |
| Gelber Group Chicago, IL, USA No community reviews yet | |
| Graham Global Investment Fund Rowayton, CT No community reviews yet | |
| Vivcourt Trading Sydney No community reviews yet |
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Prop firms that fund traders after they pass a paid evaluation.
Rules & Restrictions
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Prop firms that explicitly permit copy trading across accounts.
Rules & Restrictions
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Prop firms whose max drawdown is fixed at the starting balance, not trailing.
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Prop firms that support NinjaTrader for order routing and charting.