Head-to-head

Aspect Capital vs Five Rings

A direct, side-by-side comparison of Aspect Capital and Five Rings — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.

Quick verdict

Aspect Capital is best for

traders who prefer Firm Capital Model and a London-based firm.

Full Aspect Capital profile →

Quick verdict

Five Rings is best for

traders focused on stocks / options.

Full Five Rings profile →

Cost & compensation

Cost and compensation path

Published fees and payout timing apply to trader-paid funding programs. Firm-capital and institutional paths are shown separately because their economics usually depend on hiring, allocation, salary, bonus, or profit-sharing terms.

Aspect Capital

Firm Capital

Not applicable for this model

This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.

Five Rings

Firm Capital

Not applicable for this model

This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.

Decision guide

Best for your trader type

AttributeAspect Capital

Firm Capital · est. 1997

Five Rings

Firm Capital · est. 2014

Cost
Evaluation fee
Monthly fee
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit splitN/A (fund vehicle)50%
Max allocationFirm capitalInstitutional only
Account sizesFirm capitalInstitutional only
Scaling
Payouts
FrequencySalary + bonusAnnual bonus
First payoutSalary + bonus
Assets
FuturesYesYes
StocksNoYes
OptionsNoYes
ForexYesYes
CryptoNoNo
Trading rules
News tradingYesYes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoNo
Technology
PlatformsProprietaryProprietary
Data feed
Company
HeadquartersLondonNew York, USA

About Aspect Capital

London-based systematic CTA running diversified trend-following and alternative quant strategies.

Full Aspect Capital profile →

About Five Rings

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

Full Five Rings profile →

Trust & stability

Reputation and rule-change activity

Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule-change activity where monitored sources are available.

Reputation

canonical
1.0/ 5
Sources used
1
Confidence
low

Weighted blend of independent trader-review sources. See methodology.

Rule Stability

last 90d
Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Reputation

canonical
3.0/ 5
Sources used
1
Confidence
low

Weighted blend of independent trader-review sources. See methodology.

Rule Stability

last 90d
Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Frequently asked

Common questions

Which has a higher profit split — Aspect Capital or Five Rings?
Five Rings pays 50% of trader profits once funded.
Which pays out faster — Aspect Capital or Five Rings?
Aspect Capital payouts: Salary + bonus. Five Rings payouts: Annual bonus. First-payout eligibility: Aspect Capital — Salary + bonus; Five Rings — n/a.
Can I trade news at Aspect Capital or Five Rings?
Aspect Capital: permits news trading. Five Rings: permits news trading.
Can I hold positions overnight at Aspect Capital or Five Rings?
Aspect Capital: allows overnight holds. Five Rings: allows overnight holds.

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