Traddoo, a well-known prop firm in the prop trading space, has just made a big announcement that brings some big changes for both the company and its users. After 2 months of silence, they’ve finally broken the silence and came with some great news.

Let’s talk about Traddoo?

Traddoo is a prop trading company which is operating for over 2 years now and runs under the legal name or Traddoo LTD. with the company registration no. C 104558. Traddoo is based in United States and operated by CEO Dylan Worall.

Thanking Traders for Their Support

Over the last two months, Traddoo had to pause new trader sign-ups and their website was also not accessible for public. Despite these issues, traders stayed loyal, waiting for Traddoo to come back, which Traddoo deeply appreciates.

The Issues Leading to This Update

Traddoo’s recent challenges started when they partnered with another prop firm, FunderPro. Unfortunately, their business operations and accounting practices didn’t align well. This eventually led FunderPro and Traddpp to end their partnership, which has affected Traddoo’s services.

Why Forex Trading is Off the Table for Now

One major problem arising from the end of this partnership is that Traddoo is now unable to offer forex trading for a year. Due to contract restrictions, they can’t re-enter the forex space for 365 days, leading the company to seek new ways to enter the trading space.

Traddoo’s Move into the Futures Market

Rather than waiting for a whole year and also not wanting to keep their traders wait for any longer , Traddoo has decided to enter the Futures Prop Firm space. This way, Traddoo remains active and keeps options open for traders who want to keep trading with them.

New Partnership with TradersLaunch

Traddoo’s latest move is a partnership with TradersLaunch, a well-known Futures Prop Firm. TradersLaunch is known for its honest business practices and strong support for traders. This new partnership brings several exciting benefits to Traddoo’s users.

Why Partnership with Traders

TradersLaunch has a solid reputation for backing successful traders. Here’s what makes this partnership a win for Traddoo traders:

Proven Success in Funding Traders: TradersLaunch has a strong track record of funding successful traders.

TradersLaunch offers full transparency when it comes to running an honest and open business.

New Trading Opportunities: Traddoo users can take advantage of trading platforms like Volumetrica and NinjaTrader, which are one of the popular choices in the futures market.

So What Changes are Done?

Traddoo has made good progress with this update, completing three major steps:

Partnership with TradersLaunch: Secured and ready.

Platform Core and Volumetrica Integration: Fully integrated.

Base Trading Infrastructure: Set up and functional.

With these key milestones in place, Traddoo is set up for a strong relaunch.

What’s Left to Finish

While the main parts are ready, a few things are left before everything’s complete:

KYC (Know Your Customer): Essential for security and compliance.

Payment Processing: Finalizing secure payment options.

Email System: Setting up smooth communication for users

These final steps should be done soon, making the platform more efficient and easy to use.

A Fresh Start for Traddoo

This major update is a fresh start for Traddoo as now they are turning towards futures trading. The company is now focused on futures trading and enhancing their platform to give traders a secure, transparent experience but Traddoo has mentioned that they will enter the Forex Markets once again after their restrictions are lifted.

Unanswered Questions for Current Forex Traders

While this update is exciting, it leaves questions for current forex traders funded by Traddoo. The company hasn’t clarified how they’ll manage these users, but hopefully, more information will come soon.

Conclusion: Traddoo’s Next Chapter

Traddoo is Definitely committed to growing and staying trustworthy for its community. By entering in the futures market and partnering with TradersLaunch, Traddoo is leading itself towards a promising future and they’ll continue adapting to keep up with what their traders need.

Frequently Asked Questions (FAQs)

1. Why did Traddoo stop offering forex trading?
Traddoo’s contract with FunderPro included a restriction that prevents them from forex trading for a year after their partnership ended.

2. How does this update benefit Traddoo’s traders?
This update opens up futures trading with the support of TradersLaunch, a reliable partner known for its transparent operations.

3. What platforms will traders use on Traddoo’s new setup?
Traders will be able to trade on platforms like Volumetrica and NinjaTrader, both popular for futures trading.

4. When will the final update be completed?
Most of the update is already done; the remaining steps, like KYC and payment setup, should be completed soon.

5. What happens to current forex traders funded by Traddoo?
Traddoo hasn’t yet shared specifics about handling forex traders, but we expect further details soon.