Independent firm profile

DRW

Diversified principal trading firm across global markets.

Headquarters
Chicago, USA
Founded
1992
Funding model
Firm Capital Model
Region served
North America

Community rating

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Overview

What this firm is and who it serves

Founded in 1992 by Don Wilson, DRW is a diversified principal trading firm trading dozens of asset classes across global venues, with a notable crypto arm (Cumberland).

"Discover and capture trading opportunities across the world's markets and asset classes."

At a glance

Structured facts about this firm

Firm Type
Firm Capital Model prop firm
Market Focus
Stocks, Crypto
Trading Style
Firm Capital Model
Institutional Level
Retail-accessible proprietary firm
Retail Accessibility
Open to retail traders
Geography
Chicago, USA · North America
Known For
Owns Cumberland (crypto liquidity)
CEO
Don Wilson (Founder/CEO)
Team size
~2,000+

Funding programs

Account types and the path to capital

Evaluation

Not required by this firm.

Instant funding

Not offered by this firm.

Scaling plan

No formal scaling plan documented.

Account sizes offeredInstitutional only
Max allocation
Evaluation fee
Monthly subscription

Institutional only

Trading rules

What's allowed, what isn't

Asset classes supported

FuturesStocksOptionsForexCrypto
News trading allowedYes
Overnight holding allowedYes
Weekend holding allowedYes
Copy trading allowedNo

Related terms: trailing drawdown · consistency rule · profit split

Platforms & technology

Where and how you trade

Data feed provider
InstrumentsEquities, futures, options, FX, commodities, fixed income, crypto, real estate

Supported platforms

Proprietary

Payout structure

How and when you get paid

Profit split50% to trader
Payout frequencyAnnual bonus
First payout eligibility

Pros & cons

A balanced view based on documented terms

Strengths

  • +Diverse trading opportunities
  • +Long-term stability

Trade-offs

  • Not open to outside traders

Frequently asked questions

Common questions about DRW

Is DRW a legitimate prop firm?+

DRW was founded in 1992 and is headquartered in Chicago, USA. Diversified principal trading firm across global markets.

Does DRW require an evaluation?+

No. DRW offers funded accounts without a traditional evaluation phase.

What is the profit split at DRW?+

DRW pays traders 50% of net profits, keeping the remainder as the firm's share.

How often does DRW pay out?+

DRW processes payouts on a annual bonus basis.

What platforms does DRW support?+

DRW supports the following trading platforms: Proprietary.

What trading restrictions does DRW enforce?+

At DRW, news trading is allowed, overnight holding is allowed, weekend holding is allowed. Always confirm current rules directly with the firm before trading.