Prop firm Traddoo announced a strategic pivot to futures trading through a new partnership with TradersLaunch, marking a shift from its previous forex-focused business model.

Traddoo Pivots to Futures Trading Following FunderPro Split

The transition comes after a two-month operational pause and the termination of Traddoo's partnership with FunderPro, which resulted in a contractual restriction preventing the firm from offering forex trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Read this Term services for one year.

“It was time to future-proof our operations,” the company commented. “The same live capital allocations we brought to FX—now available for Futures Traders.”

It was time to future-proof our operations

Introducing Traddoo Futures

The same live capital allocations we brought to FX - now available for Futures Traders #TeamTraddoo pic.twitter.com/ZmVfirwfC4

— Traddoo (@Traddoo) October 28, 2024

The US-based prop firm has already completed several integration milestones, including the implementation of Volumetrica and NinjaTrader platforms, which are widely used in futures trading. The company has also established its core trading infrastructure through TradersLaunch.

Trying to build out new ways forward with partners we can trust!

— Traders Launch (@TradersLaunch) October 28, 2024

Traddoo is currently finalizing essential operational components, including KYC protocols, payment processing systems, and communication infrastructure. The company expects these elements to be completed in the coming weeks, enabling a full-scale launch of its futures trading services.

In recent months, several prop trading firms have entered the futures market, including The Funded Trader, which launched The Futures Traders, and Crypto Fund Trader, which introduced its Crypto Futures Platform.

The prop trading sector is rapidly evolving, attracting increased interest from traditional FX and CFD brokers.

More CFD Brokers Entering the Prop Trading Market

In October, Axi Markets celebrated the anniversary of its prop trading brand, Axi Select. Over the past year, the brand attracted 17,000 traders and offered funding up to $1 million.

Want to know what makes Axi Select a game-changer for the trading industry? Check out our latest video!https://t.co/rX0ieokMne

Promoted by AxiTrader Ltd. We act as a principal counterparty to all of your positions. Not available to AU, NZ, EU & UK residents.

— Axi (@axi_official) October 17, 2024

Additionally, ATFX has joined the list of brokers offering prop trading. According to an exclusive report from Finance Magnates, the new prop trading venture will be directly connected to ATFX’s brokerage services.

“Our vision for this new trading company extends beyond a mere funding platform,” Joe Li, Chairman of ATFX, said regarding the upcoming launch of the 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.”