Head-to-head
Jane Street vs Two Sigma Securities
A direct, side-by-side comparison of Jane Street and Two Sigma Securities — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.
Quick verdict
Two Sigma Securities is best for
traders who prefer Firm Capital and a New York, USA-based firm.
Full Two Sigma Securities profile →Watch flags · risk only
Public risk notes we've recorded on the firm record. Not a judgement of fit — just things to verify before committing capital.
- Jane Street
regulator warning, pending market manipulation allegations, insider trading lawsuit
- Two Sigma Securities
regulator censure and fine (FINRA AWC June 2020)
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.
Jane Street
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.
Two Sigma Securities
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.
Trade-offs
Where each firm is weaker
No firm wins on every axis. These are the most meaningful drawbacks of each option — derived from the same structured fields shown in the table, never invented.
Jane Street trade-offs
Open risk note
Watch flag on file: regulator warning, pending market manipulation allegations, insider trading lawsuit
Two Sigma Securities trade-offs
Open risk note
Watch flag on file: regulator censure and fine (FINRA AWC June 2020)
Decision guide
Best for your trader type
- Highest profit share
Tie
Both pay 50%.
| Attribute | Jane Street Firm Capital · est. 2000 | Two Sigma Securities Firm Capital · est. 2009 |
|---|---|---|
| Cost | ||
| Evaluation fee | — | — |
| Monthly fee | — | — |
| Evaluation required | No | No |
| Instant funding | No | No |
| Capital | ||
| Profit split | 50% | 50% |
| Max allocation | Internal capital only — no external trader accounts | Institutional only |
| Account sizes | Internal capital only — no external trader accounts | Institutional only |
| Scaling | — | — |
| Payouts | ||
| Frequency | Salary + discretionary bonus | Annual bonus |
| First payout | — | — |
| Assets | ||
| Futures | No | No |
| Stocks | Yes | Yes |
| Options | Yes | Yes |
| Forex | No | No |
| Crypto | Yes | No |
| Trading rules | ||
| News trading | Yes | Yes |
| Overnight holding | Yes | Yes |
| Weekend holding | Yes | Yes |
| Copy trading | No | No |
| Technology | ||
| Platforms | Proprietary internal systems | Proprietary |
| Data feed | — | — |
| Company | ||
| Headquarters | New York, USA | New York, USA |
About Jane Street
Global liquidity provider trading a wide range of products across asset classes.
Full Jane Street profile →About Two Sigma Securities
Electronic market maker affiliated with Two Sigma. Provides liquidity in US equities and options using systematic, data-driven strategies.
Full Two Sigma Securities 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 — Jane Street or Two Sigma Securities?
- Jane Street pays 50%; Two Sigma Securities pays 50% of trader profits once funded. Both firms offer the same profit share.
- Which pays out faster — Jane Street or Two Sigma Securities?
- Jane Street payouts: Salary + discretionary bonus. Two Sigma Securities payouts: Annual bonus.
- Can I trade news at Jane Street or Two Sigma Securities?
- Jane Street: permits news trading. Two Sigma Securities: permits news trading.
- Can I hold positions overnight at Jane Street or Two Sigma Securities?
- Jane Street: allows overnight holds. Two Sigma Securities: allows overnight holds.
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