Head-to-head

Element Capital vs Five Rings

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

Quick verdict

Element Capital is best for

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

Full Element Capital profile →

Quick verdict

Five Rings is best for

news traders.

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.

Element 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

AttributeElement Capital

Firm Capital · est. 2005

Five Rings

Firm Capital · est. 2014

Cost
Evaluation fee——
Monthly fee——
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit split—50%
Max allocationInstitutionalInstitutional only
Account sizesInstitutionalInstitutional only
Scaling——
Payouts
FrequencyQuarterlyAnnual bonus
First payout——
Assets
FuturesYesYes
StocksYesYes
OptionsYesYes
ForexYesYes
CryptoNoNo
Trading rules
News trading—Yes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoNo
Technology
PlatformsInternalProprietary
Data feed——
Company
HeadquartersNew York, NY, USANew York, USA

About Element Capital

Global macro hedge fund led by Jeffrey Talpins, trading rates, FX and commodities.

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

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