| Doo Prime is an innovative online trading platform, specializing in forex, precious metals, CFDs, and indices.>> Doo Prime Official Website << |
| Found Year | 2014 | |
| Company Name | Doo Prime Limited | |
| Regulation | ASIC (Australia), FCA (UK), FINTRAC (Canada), FSA (Seychelles), FSC (Mauritius), LFSA (Malaysia), VFSC (Vanuatu) | |
| Trade Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile Platform, Proprietary Platform, Trading View, Web Platform | |
| Minimum Account Size | $100 | |
| Max Leverage | 1:1000 | |
| Payment Options | AMEX, Apple Pay, Bank Wire, Eeziepay, Epay, FasaPay, Gate Express, Google Pay, HWGCash, Local Transfers, Mastercard, Neteller, Pagsmile, Pay4broker, PayPro, Payment Asia, Skrill, UnionPay, VISA, ZotaPay | |
| Customer Support | Email, Phone, Live Chat | |
| Official Website | https://www.dooprime.com |
Doo Prime Introduction
Doo Prime, established in 2014 and part of the Doo Holding Group Limited, is a notable online stock and forex broker. It has built a substantial presence with over 90,000 users in 40 countries and offices in key locations like Dallas, Sydney, Singapore, Hong Kong, Dubai, and Kuala Lumpur. The broker employs over 750 people and has formed partnerships with more than 250 institutional partners. It has garnered recognition, including awards like the Excellent Customer Service Award in the Global Derivatives Real Trading Competition and the Best Broker in the Financial Technology Honor Awards.
Trading Instruments and Account Types
Doo Prime offers a diverse range of trading products including Forex, CFDs, Securities, Futures, Precious Metals, Commodities, and Stock Indices. They provide different types of accounts to suit various traders' needs: Cent, STP, and ECN accounts. The STP account can be opened with a minimum deposit of $100, while the ECN account requires a higher minimum deposit of $5000.
Regulation and Security
Doo Prime is regulated by several top-tier institutions including the SEC and FINRA in the US, the UK's FCA, and Australia's ASIC. They also hold offshore licenses with the Seychelles FSA, Mauritius FSC, and Vanuatu FSC. These regulatory bodies ensure a high level of safety and security for traders. However, the level of client protection may vary depending on the jurisdiction.
Trading Platforms and Tools
The broker offers popular and reliable trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), known for their user-friendly interfaces and comprehensive suite of advanced tools. They also offer TradingView and FIX API 4.4 platforms, which provide excellent analysis tools and low-latency trading technology for more experienced technical traders.
Leverage and Fees
Leverage at Doo Prime varies depending on the asset and location, offering up to 1:1000 through some entities. However, it's important to understand the risks associated with high leverage. In terms of fees, Doo Prime provides competitive pricing, with average spreads of 0.1 pips for the EUR/USD currency pair. They also offer a variety of payment methods for deposits and withdrawals, including bank transfers, credit cards, and e-wallets like Skrill and Neteller.
Customer Support and Education
Doo Prime provides 24/7 customer support through various channels including email, live chat, and phone. Their educational resources include a news page with company news, market updates, product notifications, and analysis, as well as access to MTE media for trading courses and investment tips.
