Head-to-head

D. E. Shaw & Co. vs Virtu Financial

A direct, side-by-side comparison of D. E. Shaw & Co. and Virtu Financial — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.

Quick verdict

D. E. Shaw & Co. is best for

traders who prefer Firm Capital and a New York, USA-based firm.

Full D. E. Shaw & Co. profile →

Quick verdict

Virtu Financial is best for

traders who prefer Firm Capital and a New York, USA-based firm.

Full Virtu Financial 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.

D. E. Shaw & Co.

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.

Virtu Financial

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

AttributeD. E. Shaw & Co.

Firm Capital · est. 1988

Virtu Financial

Firm Capital · est. 2008

Cost
Evaluation fee——
Monthly fee——
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit splitBonus-based compensation50%
Max allocationEmployee firm — no retail evaluationsInstitutional only
Account sizesEmployee firm — no retail evaluationsInstitutional only
Scaling——
Payouts
FrequencyN/A (employee comp)Annual bonus
First payout——
Assets
FuturesYesYes
StocksYesYes
OptionsYesYes
ForexYesYes
CryptoYesYes
Trading rules
News tradingYesYes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoNo
Technology
PlatformsProprietary systemsProprietary
Data feed——
Company
HeadquartersNew York, USANew York, USA

About D. E. Shaw & Co.

Global multi-strategy quantitative investment and technology firm with significant proprietary trading.

Full D. E. Shaw & Co. profile →

About Virtu Financial

Publicly listed global market maker (NASDAQ: VIRT) providing liquidity across more than 25,000 instruments on over 235 venues in 36 countries.

Full Virtu Financial 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
3.2/ 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 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 — D. E. Shaw & Co. or Virtu Financial?
Virtu Financial pays 50% of trader profits once funded.
Which pays out faster — D. E. Shaw & Co. or Virtu Financial?
D. E. Shaw & Co. payouts: N/A (employee comp). Virtu Financial payouts: Annual bonus.
Can I trade news at D. E. Shaw & Co. or Virtu Financial?
D. E. Shaw & Co.: permits news trading. Virtu Financial: permits news trading.
Can I hold positions overnight at D. E. Shaw & Co. or Virtu Financial?
D. E. Shaw & Co.: allows overnight holds. Virtu Financial: allows overnight holds.

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Disclosure

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