Head-to-head
Five Rings vs Garda Capital Partners
A direct, side-by-side comparison of Five Rings and Garda Capital Partners — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.
Quick verdict
Garda Capital Partners is best for
traders who prefer Firm Capital Model and a Wayzata, MN, USA-based firm.
Full Garda Capital Partners 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.
Five Rings
Firm CapitalNot 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.
Garda Capital Partners
Firm CapitalNot 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
50% vs —%
- News traders
Allows trading through news events.
| Attribute | Five Rings Firm Capital · est. 2014 | Garda Capital Partners Firm Capital · est. 2002 |
|---|---|---|
| Cost | ||
| Evaluation fee | — | — |
| Monthly fee | — | — |
| Evaluation required | No | No |
| Instant funding | No | No |
| Capital | ||
| Profit split | 50% | — |
| Max allocation | Institutional only | Institutional |
| Account sizes | Institutional only | Institutional |
| Scaling | — | — |
| Payouts | ||
| Frequency | Annual bonus | Quarterly |
| First payout | — | — |
| Assets | ||
| Futures | Yes | Yes |
| Stocks | Yes | Yes |
| Options | Yes | Yes |
| Forex | Yes | Yes |
| Crypto | No | No |
| Trading rules | ||
| News trading | Yes | — |
| Overnight holding | Yes | Yes |
| Weekend holding | Yes | Yes |
| Copy trading | No | No |
| Technology | ||
| Platforms | Proprietary | Internal |
| Data feed | — | — |
| Company | ||
| Headquarters | New York, USA | Wayzata, MN, USA |
About Five Rings
Quantitative proprietary trading firm trading global financial products using sophisticated mathematical models and technology.
Full Five Rings profile →About Garda Capital Partners
Multi-strategy fixed income relative value hedge fund.
Full Garda Capital Partners 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
Not enough independent rating sources to compute a canonical score yet.
Rule Stability
last 90dWe do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.
Reputation
Not enough independent rating sources to compute a canonical score yet.
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 — Five Rings or Garda Capital Partners?
- Five Rings pays 50% of trader profits once funded.
- Is Five Rings cheaper to start than Garda Capital Partners?
- Five Rings: evaluation pricing varies. Garda Capital Partners: evaluation from —.
- Which pays out faster — Five Rings or Garda Capital Partners?
- Five Rings payouts: Annual bonus. Garda Capital Partners payouts: Quarterly. First-payout eligibility: Five Rings — n/a; Garda Capital Partners — —.
- Can I trade news at Five Rings or Garda Capital Partners?
- Five Rings: permits news trading. Garda Capital Partners: policy unconfirmed.
- Can I hold positions overnight at Five Rings or Garda Capital Partners?
- Five Rings: allows overnight holds. Garda Capital Partners: allows overnight holds.
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