Head-to-head

Jane Street vs Wintermute

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

Quick verdict

Jane Street is best for

traders focused on stocks / options.

Full Jane Street profile →

Quick verdict

Wintermute is best for

traders who prefer Firm Capital Model and a London, UK-based firm.

Full Wintermute profile →

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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.

Jane Street

Firm Capital Model

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.

Wintermute

Firm Capital Model

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

  • Highest profit share

    Tie

    Both pay 50%.

AttributeJane Street

Firm Capital Model · est. 2000

Wintermute

Firm Capital Model · est. 2017

Cost
Evaluation fee
Monthly fee
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit split50%50%
Max allocationInternal capital only — no external trader accountsFirm capital
Account sizesInternal capital only — no external trader accountsFirm capital
Scaling
Payouts
FrequencySalary + discretionary bonusAnnual
First payout
Assets
FuturesNoNo
StocksYesNo
OptionsYesNo
ForexNoNo
CryptoYesYes
Trading rules
News tradingYesYes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoNo
Technology
PlatformsProprietary internal systemsProprietary
Data feed
Company
HeadquartersNew York, USALondon, UK

About Jane Street

Global liquidity provider trading a wide range of products across asset classes.

Full Jane Street profile →

About Wintermute

Leading algorithmic liquidity provider in crypto markets.

Full Wintermute 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
4.1/ 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 — Jane Street or Wintermute?
Jane Street pays 50%; Wintermute pays 50% of trader profits once funded. Both firms offer the same profit share.
Which pays out faster — Jane Street or Wintermute?
Jane Street payouts: Salary + discretionary bonus. Wintermute payouts: Annual.
Can I trade news at Jane Street or Wintermute?
Jane Street: permits news trading. Wintermute: permits news trading.
Can I hold positions overnight at Jane Street or Wintermute?
Jane Street: allows overnight holds. Wintermute: allows overnight holds.

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