Traddoo partners with TradersLaunch, marking a strategic shift to futures trading with enhanced infrastructure and integration.
Traddoo partners with TradersLaunch, marking a strategic shift to futures trading with enhanced infrastructure and integration.
Traddoo partners with TradersLaunch, marking a strategic shift to futures trading with enhanced infrastructure and integration. Also, Prop trading firm Traddoo has announced a strategic shift towards futures trading, partnering with TradersLaunch to move away from its prior forex-centered model.
This move follows a two-month hiatus in operations and the conclusion of Traddoo’s partnership with FunderPro, which led to a contractual limitation barring the firm from offering forex services for a year.
“It was time to future-proof our operations,” the company noted. “The same live capital allocations we brought to FX – now available for Futures Traders.”
Based in the US, Traddoo has already achieved several integration goals, implementing the Volumetrica and NinjaTrader platforms, which are popular in futures trading. Additionally, the company has built its primary trading infrastructure with TradersLaunch.
Currently, Traddoo is completing key operational aspects, such as KYC protocols, payment processing systems, and communication infrastructure.Traddoo expects to complete these elements in the next few weeks, setting the stage for a full-scale launch of its futures services.
Recently, several prop trading firms have ventured into the futures market. Notable entries include The Funded Trader, which debuted The Futures Traders, and Crypto Fund Trader, which rolled out its Crypto Futures Platform. Moreover, the prop trading market continues to evolve rapidly, attracting more interest from traditional FX and CFD brokers.
In October, Axi Markets celebrated one year of its prop trading brand, Axi Select, which drew in 17,000 traders and offered funding of up to $1 million.
“Our vision for this new trading company extends beyond a mere funding platform,” said Joe Li, Chairman of ATFX, about the upcoming prop trading platform. “We are committed to building a comprehensive system that not only provides traders with the capital they require but also integrates them into a trusted and secure ecosystem. This level of support and reliability is unmatched in the industry.”
However, the surge of prop trading firms entering the futures market signals a dynamic shift in the trading industry, with firms like Traddoo adapting their strategies to align with evolving market demands. As more players pivot from forex and CFDs to futures trading, competition intensifies, leading to innovative funding platforms and enhanced support for traders. Moreover, Traddoo’s upcoming full-scale launch, along with new ventures from established brokers like Axi Markets and ATFX, drives growth in the futures trading landscape, expanding opportunities for traders in a rapidly transforming financial ecosystem.
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