Head-to-head

Capula Investment Management vs Headlands Technologies

A direct, side-by-side comparison of Capula Investment Management and Headlands Technologies — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.

Quick verdict

Capula Investment Management is best for

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

Full Capula Investment Management 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.

Capula Investment Management

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.

Headlands Technologies

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

AttributeCapula Investment Management

Firm Capital · est. 2005

Headlands Technologies

Firm Capital · est. 2009

Cost
Evaluation fee——
Monthly fee——
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit split—50%
Max allocationInstitutionalFirm capital
Account sizesInstitutionalFirm capital
Scaling——
Payouts
FrequencyQuarterlyAnnual
First payout——
Assets
FuturesYesYes
StocksYesYes
OptionsYesYes
ForexYesYes
CryptoNoNo
Trading rules
News trading—Yes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoNo
Technology
PlatformsInternalProprietary
Data feed——
Company
HeadquartersLondon, UKChicago, USA

About Capula Investment Management

Global fixed income relative value hedge fund managing tens of billions in firm and client capital.

Full Capula Investment Management profile →

About Headlands Technologies

Quantitative proprietary trading firm with offices in Chicago, New York, San Francisco, Amsterdam, and Singapore. Trades global futures, options, and equities.

Full Headlands Technologies 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 score

Not enough independent rating sources to compute a canonical score yet.

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 score

Not enough independent rating sources to compute a canonical score yet.

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 — Capula Investment Management or Headlands Technologies?
Headlands Technologies pays 50% of trader profits once funded.
Is Capula Investment Management cheaper to start than Headlands Technologies?
Capula Investment Management: evaluation from —. Headlands Technologies: evaluation pricing varies.
Which pays out faster — Capula Investment Management or Headlands Technologies?
Capula Investment Management payouts: Quarterly. Headlands Technologies payouts: Annual. First-payout eligibility: Capula Investment Management — —; Headlands Technologies — n/a.
Can I trade news at Capula Investment Management or Headlands Technologies?
Capula Investment Management: policy unconfirmed. Headlands Technologies: permits news trading.
Can I hold positions overnight at Capula Investment Management or Headlands Technologies?
Capula Investment Management: allows overnight holds. Headlands Technologies: allows overnight holds.

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