Doo Prime Review
Updated: 20 Jan, 2025 - globalforexinfo.comDoo Prime is an online brokerage firm established in 2014, offering a range of financial instruments including Forex, CFDs on stocks, commodities, and indices. The company operates under multiple financial regulatory licenses from authorities in Seychelles, Mauritius, and Vanuatu, aiming to provide a secure trading environment.
Brokers Highlights
| Brokers Name | Doo Prime |
|---|---|
| Trading Desk | Unknown |
| Year Founded | 2014 |
| Headquarters | Cayman Islands |
| Regulation | FSC, SEC, FINRA, FCA, ASIC, FSA |
| US Clients | NO |
| 247 Support | ✔️ |
| Support Email | [email protected] |
| Telephone | +44 20 8123 9088 |
| Address | Sertus Chambers, Governors Square, Suite #5-204, 23 Lime Tree Bay Avenue, P.O. Box 2547, Grand Cayman , KY1-1104, Cayman Islands |
| Languages | English |
Accounts Details
| Commission | 0 |
|---|---|
| Accounts | CENT, STP, ECN |
| Min. Deposit | 0 |
| Currencies | USD, EUR, GBP |
| Execution | Unknown |
| Leverage | 1:500 |
| Spreads | 1.1 pips |
| Trade Size | 0.01 |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Futures, ETFs |
| Demo Trading | ✔️ |
| Swap-Free | ✔️ |
| CopyTrading | ✔️ |
| Crypto Trading | ✔️ |
Platforms
| Platform | MetaTrader 4/5, Doo Prime InTrade, TradingView |
|---|---|
| Mobile Trading | ✔️ |
| Web Trading | ✔️ |
| Affiliate | ✔️ |
Funding
| Deposit | Bank and wire transfers, credit/debit cards, Skrill, Neteller, Epay, Apple Pay, Google Pay, fasapay, epay |
|---|---|
| Withdrawal | Bank and wire transfers, credit/debit cards, Skrill, Neteller, Epay, Apple Pay, Google Pay, fasapay, epay |
Pros |
Cons |
|---|---|
|
VPS Hosting is available to eligible clients. |
The 1% fee on dividends from CFDs can reduce profit margins. |
Doo Prime is an online brokerage firm established in 2014, offering a range of financial instruments including Forex, CFDs on stocks, commodities, and indices. The company operates under multiple financial regulatory licenses from authorities in Seychelles, Mauritius, and Vanuatu, aiming to provide a secure trading environment.
Doo Prime holds licenses from the Seychelles Financial Services Authority (FSA), Mauritius Financial Services Commission (FSC), and Vanuatu Financial Services Commission (VFSC). While these regulators oversee the firm's operations, they are not considered top-tier financial authorities. Top-tier regulators, such as the UK's Financial Conduct Authority (FCA) or Australia's ASIC, enforce stricter standards and offer more robust investor protection. The absence of Doo Prime's regulation by such authorities may be a concern for some investors.
Doo Prime provides access to several trading platforms, including MetaTrader 4, MetaTrader 5, Doo Prime InTrade, and TradingView. These platforms support various devices, offering flexibility for traders. The firm also offers social trading features, allowing clients to follow and copy strategies from other traders.
While Doo Prime offers a variety of trading tools and has received industry recognition, its regulatory status may not meet the standards of top-tier financial authorities. Potential clients should carefully assess the firm's regulatory framework and consider their individual risk tolerance before engaging in trading activities.
