Independent firm profile

Five Rings

Quantitative proprietary trading firm trading global financial products using sophisticated mathematical models and technology.

Headquarters
New York, USA
Founded
2014
Funding model
Firm Capital Model
Region served
North America

Community rating

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Overview

What this firm is and who it serves

Young but elite quant trading firm founded by ex-SIG/IMC alumni, focused on options and derivatives market making.

"Apply quantitative rigor and continuous learning to global markets."

At a glance

Structured facts about this firm

Firm Type
Firm Capital Model prop firm
Market Focus
Futures, Stocks, Options, Forex
Trading Style
Firm Capital Model
Institutional Level
Retail-accessible proprietary firm
Retail Accessibility
Open to retail traders
Geography
New York, USA · North America
Known For
Top-tier compensation
CEO
Bryan Erickson (CEO)
Team size
~400+

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
InstrumentsOptions, futures, equities, ETFs

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

  • +Elite culture
  • +High pay

Trade-offs

  • Extremely selective

Frequently asked questions

Common questions about Five Rings

Is Five Rings a legitimate prop firm?+

Five Rings was founded in 2014 and is headquartered in New York, USA. Quantitative proprietary trading firm trading global financial products using sophisticated mathematical models and technology.

Does Five Rings require an evaluation?+

No. Five Rings offers funded accounts without a traditional evaluation phase.

What is the profit split at Five Rings?+

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

How often does Five Rings pay out?+

Five Rings processes payouts on a annual bonus basis.

What platforms does Five Rings support?+

Five Rings supports the following trading platforms: Proprietary.

What trading restrictions does Five Rings enforce?+

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