
Overview of Traddoo Forex Prop Firm
123
TheTrustedProp
Date: April 29, 2024
In the world of financial markets, prop trading firms have emerged as a lucrative opportunity for aspiring traders to grow their capital and gain valuable experience. One such firm that has been making waves in this space is Traddoo. In this article, we will take a closer look at Traddoo, its company details, challenge offerings, and why it could be the right choice for you.
Company Details
Name: Traddoo
Legal Names: Traddoo LTD, Traddoo LLC, and Traddoo Holdings Co.
CEO: Dylan Worall
Founded: August 24, 2022
Registered in: British Virgin Islands
Traddoo, under the leadership of CEO Dylan Worall, began its journey in August 2022. Registered in the British Virgin Islands, the company has rapidly gained recognition in the world of proprietary trading.
The Challenge Program
Traddoo offers a unique evaluation program with two distinct phases, each designed to test and develop your trading skills.
Phase 1 Challenge
- Target Profit: 8%
- Challenge Duration: Unlimited
- Challenge Leverage: 1:30
- Minimum Trading Days: 1 Day
- Max Loss: 10.00%
- Daily Loss: 5.00%
- Weekend Holding: No
Phase 1 of the challenge program sets a target profit of 8%, allowing traders to trade with leverage, but with strict risk management rules. It's a great opportunity to showcase your trading abilities.
Phase 2 Challenge
- Target Profit: 5%
- Challenge Duration: Unlimited
- Challenge Leverage: 1:30
- Minimum Trading Days: 1 Day
- Max Loss: 10.00%
- Daily Loss: 5.00%
- Weekend Holding: No
Phase 2 continues the evaluation process, with a slightly lower target profit of 5%. Similar risk management rules apply, providing traders with a comprehensive assessment of their trading skills.
Live Account
Once you successfully complete the evaluation phases, you gain access to a live trading account with some attractive features:
- Target Profit: Unlimited
- Challenge Leverage: 1:30
- Minimum Trading Days: 1 Day
- Max Loss: 10.00%
- Daily Loss: 5.00%
- Weekend Holding: No
This live account offers unlimited profit potential and the same leverage as the evaluation phases, giving you the opportunity to trade with real capital.
Account Sizes
Traddoo offers different account sizes to cater to traders with varying capital:
- $10,000
- $25,000
- $50,000
- $100,000
You can choose the account size that suits your trading goals and risk tolerance.
Win Big with Fantasy Trading Challenges
Traddoo's multi-asset trading platform covers a wide range of markets, including Indices, Commodities, Crypto, and Forex pairings. But what sets Traddoo apart? Let's delve into some compelling reasons to choose this proprietary trading firm.
Why Choose Traddoo?
Real-Time Interest
Traddoo offers real-time interest, making it an attractive choice for traders seeking timely information and updates on the markets. Stay ahead of the curve with up-to-the-minute insights.
No Time Limit
Unlike some prop trading firms, Traddoo imposes no minimum or maximum trading day requirements. You have the freedom to trade at your own pace without the pressure of meeting daily quotas.
Instant Payouts
Traddoo ensures that you receive your payouts every 7 days, with settlements made every other Friday. Enjoy the convenience of regular and predictable payouts.
Refundable Fee
After successfully passing the evaluation phases, Traddoo offers a refund of your evaluation fee, adding to your potential profits. This demonstrates their commitment to your success.
No Consistency Restriction
Traddoo allows you to trade as you see fit, without any rigid consistency rules. This flexibility lets you adapt your trading strategy to market conditions.
Enterprise Grade
Access tier-1 liquidity provided by OspreyFX through Traddoo's ECN/STP execution model. Benefit from top-tier market access and execution quality.
Everything You Need
Traddoo aims to provide everything you need to become a profitable trader, all in one place. With an in-depth Help Center, a thriving Discord community, and integration with popular assets like Forex, Indices, and Crypto, Traddoo is committed to your success.
Traddoo's Origins and Values
Learn about the inception of Traddoo's asset trading program and the values that drive the firm forward.
Open Source
Traddoo envisions a future where the trading community is closely connected, fostering innovation and transparency. They believe in the power of collaboration and shared knowledge.
Decentralized
Innovation is at the core of Traddoo's mission. They strive to innovate the industry and bring traders closer to their core values.
Transparent
Traddoo is committed to transparency, with no hidden account rules and open answers to questions. They aim to build trust with their traders.
Community-Driven
Traddoo values its community and provides support 24/7. Learn from partnered creators, engage with like-minded traders, and be a part of a thriving ecosystem.
Impressive Team Accomplishments
Traddoo's growth story is truly remarkable. In just 60 days, they transformed into a six-figure monthly business without spending a dollar on advertising. This achievement was possible due to their dedicated team and their focus on learn-to-earn integration.
Key Achievements
- 300 traders in 45 days
- $1.1 million in total funding after verification
- A pass/fail rate of 7%, which is an industry-leading average
In conclusion, Traddoo offers an enticing opportunity for traders looking to enter the world of proprietary trading. With its flexible evaluation program, attractive live account features, and commitment to transparency and innovation, Traddoo has quickly become a preferred choice for many aspiring traders.