Head-to-head
DRW vs Jane Street
A direct, side-by-side comparison of DRW and Jane Street — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.
Quick verdict
DRW is best for
traders who prefer Firm Capital Model and a Chicago, USA-based firm.
Full DRW profile →Not sure which fits?
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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.
DRW
Firm Capital ModelNot 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.
Jane Street
Firm Capital ModelNot 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
- Highest profit share
Tie
Both pay 50%.
| Attribute | DRW Firm Capital Model · est. 1992 | Jane Street Firm Capital Model · est. 2000 |
|---|---|---|
| Cost | ||
| Evaluation fee | — | — |
| Monthly fee | — | — |
| Evaluation required | No | No |
| Instant funding | No | No |
| Capital | ||
| Profit split | 50% | 50% |
| Max allocation | Institutional only | Internal capital only — no external trader accounts |
| Account sizes | Institutional only | Internal capital only — no external trader accounts |
| Scaling | — | — |
| Payouts | ||
| Frequency | Annual bonus | Salary + discretionary bonus |
| First payout | — | — |
| Assets | ||
| Futures | No | No |
| Stocks | Yes | Yes |
| Options | No | Yes |
| Forex | No | No |
| Crypto | Yes | Yes |
| Trading rules | ||
| News trading | Yes | Yes |
| Overnight holding | Yes | Yes |
| Weekend holding | Yes | Yes |
| Copy trading | No | No |
| Technology | ||
| Platforms | Proprietary | Proprietary internal systems |
| Data feed | — | — |
| Company | ||
| Headquarters | Chicago, USA | New York, USA |
About Jane Street
Global liquidity provider trading a wide range of products across asset classes.
Full Jane Street 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- Sources used
- 2
- Confidence
- low
Weighted blend of independent trader-review sources. See methodology.
Rule Stability
last 90dWe do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.
Reputation
canonical- Sources used
- 1
- Confidence
- low
Weighted blend of independent trader-review sources. See methodology.
Rule Stability
last 90dWe 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 — DRW or Jane Street?
- DRW pays 50%; Jane Street pays 50% of trader profits once funded. Both firms offer the same profit share.
- Which pays out faster — DRW or Jane Street?
- DRW payouts: Annual bonus. Jane Street payouts: Salary + discretionary bonus.
- Can I trade news at DRW or Jane Street?
- DRW: permits news trading. Jane Street: permits news trading.
- Can I hold positions overnight at DRW or Jane Street?
- DRW: allows overnight holds. Jane Street: allows overnight holds.
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