Head-to-head
Tower Research Capital vs The Voleon Group
A direct, side-by-side comparison of Tower Research Capital and The Voleon Group — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.
Quick verdict
The Voleon Group is best for
traders who prefer Firm Capital Model and a Berkeley, CA, USA-based firm.
Full The Voleon Group 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.
Tower Research Capital
Firm Capital ModelNot 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.
The Voleon Group
Firm Capital ModelNot 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 | Tower Research Capital Firm Capital Model · est. 1998 | The Voleon Group Firm Capital Model · est. 2007 |
|---|---|---|
| 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 | No |
| Stocks | Yes | Yes |
| Options | Yes | No |
| Forex | Yes | No |
| 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 | Berkeley, CA, USA |
About Tower Research Capital
Quantitative proprietary trading firm and global market maker founded by Mark Gorton. Operates high-frequency strategies across equities, futures, options, and currencies from offices in New York, London, and across Asia.
Full Tower Research Capital profile →About The Voleon Group
Machine learning hedge fund focused on statistical arbitrage across global equity markets.
Full The Voleon Group 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- Sources used
- 1
- Confidence
- low
Weighted blend of independent trader-review sources. See methodology.
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 — Tower Research Capital or The Voleon Group?
- Tower Research Capital pays 50% of trader profits once funded.
- Is Tower Research Capital cheaper to start than The Voleon Group?
- Tower Research Capital: evaluation pricing varies. The Voleon Group: evaluation from —.
- Which pays out faster — Tower Research Capital or The Voleon Group?
- Tower Research Capital payouts: Annual bonus. The Voleon Group payouts: Quarterly. First-payout eligibility: Tower Research Capital — n/a; The Voleon Group — —.
- Can I trade news at Tower Research Capital or The Voleon Group?
- Tower Research Capital: permits news trading. The Voleon Group: policy unconfirmed.
- Can I hold positions overnight at Tower Research Capital or The Voleon Group?
- Tower Research Capital: allows overnight holds. The Voleon Group: allows overnight holds.
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