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Traddo is a prop firm registered in the United States of America, with a registration date of May 1, 2022. They offer two types of challenges: the One Phase Challenge and the Two Phase Challenge. Traders have the opportunity to trade various asset classes, including Forex, Crypto, and CFDs, using popular trading platforms such as MT4 and MT5.
For the One Phase Challenge, traders are required to reach a profit target of 10% before they can start trading in the live funded environment. They must also maintain a maximum drawdown of 6%, which is calculated as a trailing percentage of their closed trading balance. Traders can choose from different funding capital options ranging from $10,000 to $200,000.
In the Two Phase Challenge, traders need to achieve an 8% profit target in the first phase before they can proceed to the second phase, where they aim for a secondary profit target of 5%. Daily drawdown is limited to 5%, calculated based on the previous day’s end of day balance, and the maximum account drawdown is set at 10%, calculated as a static position of the starting balance. The funding capital options for the Two Phase Challenge range from $10,000 to $200,000, with a maximum allocation and scaling limit of $1,000,000.
Traddo allows copy trading and permits the use of hedging and expert advisors (EAs). They provide customer support through Discord, live chat, and Twitter. While they do not offer free trials, they organize competitions to engage traders. However, free retries are not available.
Please note that the information provided is based on the given data and may be subject to change.
