Traddoo has officially pivoted to the futures trading space with the launch of Traddoo Futures. After a period of changes and restructuring, Traddoo has decided to step into the futures market, bringing the same live capital allocations that traders previously enjoyed in forex. Here’s what you need to know:
Why the Shift to Futures?
Due to a recent partnership breakdown, Traddoo is unable to offer forex trading for the next year. Rather than staying idle, they’re moving into futures, aiming to keep traders active and engaged. By launching Traddoo Futures, the firm is positioning itself to continue offering funded trading opportunities despite restrictions in the forex space.
New Partnership with TradersLaunch
To support this shift, Traddoo has partnered with TradersLaunch, a well-regarded futures prop firm known for its transparency and trader-first approach. This collaboration brings access to popular futures trading platforms like Volumetrica and NinjaTrader, giving Traddoo’s traders the tools they need for a smooth transition into the futures market.
What’s Ready So Far? Traddoo has already rolled out several key updates:
- Platform and Volumetrica Integration: Complete and ready for use.
- Base Infrastructure: Fully set up to support futures trading.
What’s Left? A few final elements are still in progress:
- KYC Compliance: Ensuring security and regulatory compliance.
- Payment Processing: Finalizing secure payment options.
- Email Communication System: Improving user communications.
This shift marks a new chapter for Traddoo as they temporarily leave the forex market and focus on futures trading. Traddoo has also indicated plans to return to forex once their restrictions are lifted, so traders can expect further updates down the line.