Traddoo, a retail proprietary trading company, has suspended challenge sales to new customers to implement updates on the current dashboard and customer payments.
Traddoo Temporarily Halts Challenge Sales for Dashboard Update
According to prop firm Traddoo CEO Dylan Worrall, the company will work on a new dashboard for several weeks. Hence, it’ll briefly interrupt customers by temporarily suspending new challenge purchases.
Worrall commented that the company will ensure the smooth running of operations while the improvements continue. Thus, the existing traders can access their challenges, withdrawals, and trading.
The CEO added that the new dashboard is more user-friendly, easy to use, and can provide more information to traders. Worrall promises credit and debit card payment options soon and reveals the company’s intention to change the existing trader evaluation model.
Prop Firm Challenges and Operations Halted
The rapidly changing prop industry has experienced solvency issues while Traddoo suspends challenge sales to improve its platform.
For instance, Fundedlios is vanishing from the prop firm’s map, claiming to receive blackmail and attacks from its technology provider. Consequently, the entity has temporarily paused operations and turned to Meta Trader 5.
Indigo Trader Funding in the UK recently suspended operations after failing in this industry. The company officially announced the matter a day after its name was removed from the company registry. Indigo applied for the removal on 12th August.
Karma Prop Traders disappeared from the market last month after starting operations early this year. Unlike its counterparts, things ended smoothly for investors, where Sway Funded took over outstanding accounts and withdrawals.