Head-to-head

Belvedere Trading vs Eclipse Trading

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

Quick verdict

Belvedere Trading is best for

traders who prefer Firm Capital Model and a Chicago, USA-based firm.

Full Belvedere Trading profile →

Quick verdict

Eclipse Trading is best for

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

Full Eclipse Trading 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.

Belvedere Trading

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.

Eclipse Trading

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

AttributeBelvedere Trading

Firm Capital · est. 2002

Eclipse Trading

Firm Capital · est. 2003

Cost
Evaluation fee
Monthly fee
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit split50%N/A (firm capital)
Max allocationInstitutional onlyFirm capital
Account sizesInstitutional onlyFirm capital
Scaling
Payouts
FrequencyAnnual bonusSalary + bonus
First payoutSalary + bonus
Assets
FuturesYesYes
StocksYesYes
OptionsYesYes
ForexNoNo
CryptoNoNo
Trading rules
News tradingYesYes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoNo
Technology
PlatformsProprietaryProprietary
Data feed
Company
HeadquartersChicago, USAHong Kong

About Belvedere Trading

Proprietary trading firm specializing in equity index and commodity options market making across CBOE, CME, and ICE.

Full Belvedere Trading profile →

About Eclipse Trading

Asia-Pacific proprietary trading firm focused on derivatives, ETFs and statistical arbitrage strategies.

Full Eclipse Trading 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
3.1/ 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
2.5/ 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 — Belvedere Trading or Eclipse Trading?
Belvedere Trading pays 50% of trader profits once funded.
Which pays out faster — Belvedere Trading or Eclipse Trading?
Belvedere Trading payouts: Annual bonus. Eclipse Trading payouts: Salary + bonus. First-payout eligibility: Belvedere Trading — n/a; Eclipse Trading — Salary + bonus.
Can I trade news at Belvedere Trading or Eclipse Trading?
Belvedere Trading: permits news trading. Eclipse Trading: permits news trading.
Can I hold positions overnight at Belvedere Trading or Eclipse Trading?
Belvedere Trading: allows overnight holds. Eclipse Trading: allows overnight holds.

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