The multi-asset brokerage arm of the FXCM group has stopped offering CFD trading and will migrate accounts to FXCM.
In an email sent to clients, the firm said the move will take place on March 20th and traders will no longer be able to access their CFD trading accounts on Tradu after that.
“To provide you with a more powerful trading environment, we are consolidating our leveraged trading products under FXCM,” the company said.
“Your CFD account will therefore migrate from Tradu to FXCM automatically on 20th March 2026. FXCM and Tradu already operate within the same company, and this gives you access to advanced tools and analytics built specifically for active traders.”
The reason for the move is unclear but it is plausible the Tradu concept simply wasn’t working as the firm had hoped.
The general idea appears to have been to mimic the success that firms like Robinhood and Trading 212 have had, with low risk cash equities used for mass marketing and the ultimate goal being to cross-sell clients into more profitable CFD products.
However, the company never ditched its FXCM brand, which remains popular in many parts of the world and which the firm still uses to provide its B2B solutions.
The retail broker has also reportedly let a large number of staff go over the last couple of months across its global offices.
