Jeremy Biberdorf
By: Jeremy Biberdorf
Feb 20, 2024

Traddoo Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
Feb 20, 2024

Disclosure

Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
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4.2/5

4.2 rating based on 5 ratings

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In a Nutshell: In the dynamic world of trading, gaining access to substantial capital can be a game-changer for talented traders. This is where Traddoo steps in, a proprietary trading firm that offers traders the opportunity to manage significant funds through its evaluation process. Traddoo’s model is designed to identify and foster trading talent, providing a platform for traders to leverage their skills without the initial financial burden.

Traddoo distinguishes itself with its unique approach, focusing on real-time interest, no time limits on trading evaluations, and a commitment to trader success. This review aims to delve into Traddoo’s offerings, evaluating its pros and cons to give traders a comprehensive understanding of what to expect.

Service TypeFees
Prop Trading FirmVarying evaluation fees
Pros & Cons
Pros
  • No minimum or maximum trading days
  • Weekly payouts
  • Refundable evaluation fee
  • No consistency restriction
  • Access to ECN/STP execution
  • 24/7 dedicated support
Cons
  • Evaluation fee required
  • Limited to specific trading instruments
  • May lack advanced features for professional traders

What is Traddoo?

Traddoo is a proprietary trading firm that offers traders the opportunity to manage substantial capital through a series of evaluation challenges. The firm provides a platform for trading a variety of financial instruments, including indices, commodities, crypto, and forex pairings, catering to a wide range of trading preferences.

The essence of Traddoo lies in its evaluation process, designed to identify traders who demonstrate consistency, risk management, and profitability. Successful traders are then offered the chance to trade with the firm’s capital, enjoying a generous profit split and the potential for career growth within the trading community.

Traddoo Overview

Founded on the principles of innovation, transparency, and community, Traddoo seeks to redefine the prop trading firm experience. The firm’s foundation is built on the understanding that successful trading requires more than just capital – it demands a supportive environment, access to quality education, and fair trading conditions.

Traddoo’s commitment to these values is evident in its operational model, which prioritizes trader success and aims to cultivate a thriving community of skilled traders. The firm’s approach is centered around providing traders with the tools, resources, and support they need to succeed in the competitive world of trading.

How Traddoo Works

Traddoo’s process is structured around a two-stage evaluation designed to assess a trader’s ability to generate profits while effectively managing risk:

Stage 1: The Challenge

Traders begin their journey with Traddoo by selecting an evaluation plan and tackling the first stage of the challenge. This stage tests traders’ ability to hit predefined profit targets within the constraints of drawdown limits, without the pressure of time restrictions.

Stage 2: Verification

Upon successful completion of the first stage, traders move on to the verification phase. This stage further assesses the trader’s consistency and discipline, with similar profit targets and drawdown limits. Passing this stage grants traders access to Traddoo’s capital as a funded trader.

Traddoo Features

Traddoo stands out with several key features designed to enhance the trading experience:

Refundable Evaluation Fee

Traddoo values commitment and success, offering traders a refund of their evaluation fee after their fourth payout, incentivizing sustained profitability.

ECN/STP Execution

Traders at Traddoo benefit from direct access to tier-1 liquidity providers, ensuring fast and reliable order execution without interference.

Trader Education and Development

Traddoo places a strong emphasis on trader education and development, providing resources and tools to help traders refine their strategies and enhance their market understanding.

Community and Support

The firm fosters a strong sense of community among its traders, offering round-the-clock support and opportunities for interaction and learning through platforms like Discord.

Who is Traddoo Best For?

Traddoo caters to a diverse group of traders, each with unique needs and trading styles. Whether you’re a seasoned professional or just beginning your journey in the world of trading, Traddoo’s flexible and supportive environment offers something for everyone.

Aspiring Prop Traders

For those looking to break into the prop trading scene, Traddoo provides a welcoming platform to test and refine your trading skills. The evaluation challenges are designed to mimic real-world trading conditions, offering a realistic and practical learning experience.

Risk-Averse Traders

Traders who prioritize risk management will find Traddoo’s drawdown limits and leverage options conducive to a more controlled trading approach. The platform’s structure encourages the development of strategies that emphasize capital preservation and steady growth.

Busy Professionals

Traddoo’s lack of time restrictions makes it an ideal choice for individuals with demanding schedules. Traders can participate in the evaluation process at their own pace, making it easier to balance trading with other professional and personal commitments.

Trading Strategy Testers

For traders experimenting with new strategies or refining existing ones, Traddoo’s evaluation stages offer a risk-free environment to test the efficacy of different approaches without putting personal capital at risk.

Community-Oriented Traders

Traddoo’s strong focus on community and trader interaction makes it a great fit for those who value learning from and contributing to a collective trading knowledge base. The platform’s support channels and community events provide ample opportunities for networking and collaboration.

Technologically Savvy Traders

Traders who appreciate the integration of advanced trading platforms and tools will find Traddoo’s offerings, such as Tradelocker and compatibility with TradingView, to enhance their trading experience with cutting-edge technology.

Final Thoughts

Traddoo represents an appealing option for traders looking for a supportive and flexible prop trading platform. With its unique challenge-based model, refundable evaluation fee, and commitment to trader success, Traddoo is poised to make a significant impact on the prop trading industry.

To explore Traddoo’s offerings and start your trading journey, click here.

Frequently Asked Questions

Profit withdrawals at Traddoo reset the account to its initial balance, with drawdown limits reapplied, ensuring traders can continue trading under fair conditions.

Traddoo provides a leverage of 1:30 across various trading instruments, balancing opportunity with risk management.

Traddoo offers the flexibility of using initial payout cycles as an extension of the evaluation, allowing traders to demonstrate their skills over a longer period.

Accounts that remain inactive for 30 days risk an inactivity breach, so it’s important to place at least one trade within this timeframe to maintain account status.

The daily loss limit is based on the previous day’s closing balance, ensuring traders are aware of their risk parameters each trading day.

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.