Prop Firm Traddoo Enters the Futures Market in Partnership With TradersLaunch
Another prop firm in the industry has made the decision to provide its customers with access to markets outside of CFDs.
Partnering with TradersLaunch, prop firm Traddoo announced a strategic shift from its prior forex-focused business strategy to futures trading with Traddoo Futures.
Traddoo Switches to Futures Trading After the Funderpro Split
Following a two-month operation halt and the end of Traddoo’s collaboration with FunderPro, which resulted in a contractual limitation prohibiting the company from providing forex trading services for a year, the transition is officially confirmed.
The prop firm announced: “It was time to future-proof our operations.”
Traddoo has previously accomplished a number of integration milestones, such as incorporating the popular futures trading platforms Volumetrica and NinjaTrader; and through TradersLaunch, the business has also set up its main trading infrastructure.
Important operational elements like communication infrastructure, payment processing systems, and KYC processes are being finalized by Traddoo. In order to deploy its futures trading services fully, the company anticipates that these components will be finished in the upcoming weeks.
Many prop trading firms have joined the futures market in recent months, such as Crypto Fund Trader, which unveiled its Crypto Futures Platform, and The Funded Trader, which introduced The Futures Traders, along with FXIFY who launched FXIFY Futures.