Head-to-head
PDT Partners vs Tibra Capital
A direct, side-by-side comparison of PDT Partners and Tibra Capital — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.
Quick verdict
PDT Partners is best for
traders who prefer Firm Capital and a New York, NY-based firm.
Full PDT 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.
PDT 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.
Tibra Capital
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 —%
| Attribute | PDT Partners Firm Capital · est. 2012 | Tibra Capital Firm Capital · est. 2006 |
|---|---|---|
| Cost | ||
| Evaluation fee | — | — |
| Monthly fee | — | — |
| Evaluation required | No | No |
| Instant funding | No | No |
| Capital | ||
| Profit split | N/A (fund vehicle) | 50% |
| Max allocation | Firm capital | Firm capital |
| Account sizes | Firm capital | Firm capital |
| Scaling | — | — |
| Payouts | ||
| Frequency | Salary + bonus | Annual |
| First payout | Salary + bonus | — |
| Assets | ||
| Futures | Yes | Yes |
| Stocks | Yes | Yes |
| Options | No | Yes |
| Forex | No | No |
| Crypto | No | No |
| Trading rules | ||
| News trading | Yes | Yes |
| Overnight holding | Yes | Yes |
| Weekend holding | Yes | Yes |
| Copy trading | No | No |
| Technology | ||
| Platforms | Proprietary | Proprietary |
| Data feed | — | — |
| Company | ||
| Headquarters | New York, NY | Sydney, Australia |
About PDT Partners
Quantitative hedge fund spun out from Morgan Stanley's Process Driven Trading group.
Full PDT Partners profile →About Tibra Capital
Australian proprietary trading firm trading equity derivatives and index products across Asia-Pacific and global exchanges.
Full Tibra Capital 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 — PDT Partners or Tibra Capital?
- Tibra Capital pays 50% of trader profits once funded.
- Which pays out faster — PDT Partners or Tibra Capital?
- PDT Partners payouts: Salary + bonus. Tibra Capital payouts: Annual. First-payout eligibility: PDT Partners — Salary + bonus; Tibra Capital — n/a.
- Can I trade news at PDT Partners or Tibra Capital?
- PDT Partners: permits news trading. Tibra Capital: permits news trading.
- Can I hold positions overnight at PDT Partners or Tibra Capital?
- PDT Partners: allows overnight holds. Tibra Capital: allows overnight holds.
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