Traddoo, a well-known player in the retail proprietary trading sector, has announced a temporary halt on challenge sales for new clients. The pause is due to ongoing upgrades aimed at enhancing its client platform. Current customers will not be affected, as their accounts will continue to function as usual during the updates.
Platform Improvements Underway at Traddoo
Dylan Worrall, the CEO of Traddoo, shared via the company’s Discord channel that the team is working on launching a more intuitive client dashboard. This new dashboard is expected to roll out within the next few weeks, and during this period, new challenge purchases will be temporarily unavailable. While there may be brief service interruptions, Worrall assured clients that existing traders can continue their activities without any disruptions.
The forthcoming updates include not only a revamped dashboard but also new payment options, such as credit and debit card payments. Additionally, the company plans to refine its trader evaluation process to make the platform even more user-friendly.
Trend of Platform Suspensions in the Prop Trading Industry
Traddoo’s decision to pause new challenge sales comes amid a broader trend in the prop trading industry, where several firms have faced operational challenges. Recently, Fundedlions halted its services after claiming it was “attacked and blackmailed” by its technology provider. Similarly, Indigo Trader Funding ceased operations due to business difficulties, and Karma Prop Traders exited the market earlier this year, though investor accounts were successfully transferred to Sway Funded.
While Traddoo’s pause is due to planned improvements rather than solvency issues, the prop trading landscape continues to evolve as firms adapt to both technological and financial pressures.
