https://www.dooprimeads3.com/en/
Website
Benchmark
AA
Average transaction speed (ms)
MT4/5
Full License
DooTechnology-Demo
Influence
A
Influence index NO.1
Speed:D
Slippage:AAA
Cost:AA
Disconnected:C
Rollover:AA
MT4/5 Identification
Full License
Influence
A
Influence index NO.1
Single Core
1G
40G
1M*ADSL
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
VPS Region | User | Products | Closing time |
---|---|---|---|
Frankfurt | 898*** | XAUUSD.c | 12-23 03:05:04 |
Hongkong | 197*** | XAUUSD | 12-23 03:03:52 |
Frankfurt | 971*** | XAUUSD.c | 12-23 03:03:01 |
Stop Out
0.70%
Stop Out Symbol Distribution
6 months
dooprimeintl.com
Server Location
United States
Website Domain Name
dooprimeintl.com
Server IP
172.67.155.118
dooprimeads3.com
Server Location
United States
Website Domain Name
dooprimeads3.com
Server IP
104.21.42.48
dooprimeads2.com
Server Location
United States
Website Domain Name
dooprimeads2.com
Server IP
35.71.129.139
Doo Prime is a regulated broker offering 10,000+ popular trading products with spreads starting at 0.1 pips. The platform provides access to MT4, MT5, Doo Prime InTrade, TradingView, and copy trading. While it appears promising, let's dive deeper to assess if it truly meets its claims of providing an exceptional trading environment.
Quick Doo Prime Review in 10 Key Points | |
Registered in | UK |
Regulated by | FSA (Offshore), FINRA, LFSA, VFSC (Offshore), ASIC |
Years of Establishment | 2014 |
Trading Instrument | Currency pairs, indices, commodities, metals, energy, stocks, futures, securities |
Minimum Initial Deposit | $100 |
Maximum Leverage | 1:1000 |
Minimum Spread | From 0.1 pips |
Trading Platform | MT4, MT5, Doo Prime InTrade, TradingView |
Deposit & Withdrawal Method | VISA, Mastercard, Skrill, Neteller, epay, etc. |
Customer Service | Email/ phone number /live chat /24/7 |
Doo Prime is a wholly-owned subsidiary of Doo Prime Holding Group, founded in 2014, headquartered in London, UK, with operations offices in Hong Kong, Taipei, Dallas, Kuala Lumpur, and Singapore.
Doo Prime offers a diverse selection of tradable assets, including forex, contracts for difference (CFDs), indices, and cryptocurrencies. Doo Prime offers different account types to suit individual preferences. Traders can commence their trading journey with a minimum deposit of $100.
In terms of leverage, Doo Prime offers flexibility with leverage options of up to 1:1000. The widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms provide an extensive range of analytical tools, indicators, and expert advisors for comprehensive market analysis and automated trading.
Yes, Doo Prime is legally operating in different jurisditions, as it is subject to regulatory oversight from multiple regulatory authorities, FSA (Financial Services Authority) in Seychelles, FINRA (Financial Industry RegulatoryAuthority), LFSA (Labuan Financial Services Authority), VFSC (Vanuatu Financial Services Commission), and ASIC (Australia Securities & Investment Commission).
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
FSA | Doo Prime Vanuatu Limited | Retail Forex License | SD090 | |
FINRA | PETER ELISH INVESTMENTS SECURITIES | Financial Service | 24409 / SEC: 8-41551 | |
LFSA | Doo Financial Labuan Limited | Straight Through Processing (STP) | MB/23/0108 | |
VFSC | Doo Prime Vanuatu Limited | Retail Forex License | 700238 | |
ASIC | DOO FINANCIAL AUSTRALIA LIMITED | Investment Advisory License | 222650 |
Doo Prime Seychelles Limited, its entity in Seychelles, is authorized and regulated by the Seychelles Financial Services Authority (FSA) under regulatory license number SD090, holding a license for Retail Forex operation.
PETER ELISH INVESTMENTS SECURITIES, its entity in the United States, is authorized and regulated by the Financial Industry Regulatory Authority (FINRA) under regulatory license number 24409 / SEC: 8-41551, holding a license for Financial Service.
Doo Financial Labuan Limited, its entity in Malaysia, is authorized and regulated by the Labuan Financial Services Authority (LFSA) under regulatory license number MB/23/0108, holding a license for Straight Through Processing (STP).
Doo Prime Vanuatu Limited, its entity in Vanuatu, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC) under regulatory license number 70038, holding a license for retail forex operation as well.
DOO FINANCIAL AUSTRALIA LIMITED, its Australian entity, is authorized and regulated by the Australia Securities & Investment Commission (ASIC) under regulatory license number 222650, holidng a license for Investment Advisory Lincense.
Doo Prime offers over 10,000 popular tradable assets, and multiple trading platforms, providing flexibility and choice for traders. Furthermore, the availability of social trading features is proovided. However, traders should be mindful of the commission charged per trade and the limitations in terms of educational resources and account customization. Additionally, Doo Prime's promotional offerings may be limited.
Pros | Cons |
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Trading Assets | Available |
Securities | |
Futures | |
Forex | |
Precious Metals | |
Commodities | |
Stock Indices |
Doo Prime offers a comprehensive range of market instruments to cater to the diverse trading needs of its clients. These instruments encompass a variety of asset classes, including securities, futures, forex, precious metals, commodities, and stock indices.
To open a most basic account, that is Cent Account, $100 is required, same as its standard account requirement. However, $100 to open a cent account is a little bit sticky, compared to HTFX's $5 to open a cent account. Well, $100 to open a standard account is acceptable.
Here is a table to show Doo Prime's minimum deposit with other brokers:
Broker | Minimum Deposit |
$100 | |
$200 | |
$100 | |
$1 |
Doo Prime offers three types of live trading accounts tailored for different trading needs:
Account Type | CENT | STP | ECN |
Account Currency | USD | ||
Minimum Deposit | $100 | $100 | $5,000 |
Spreads | High | Medium | Low |
Free Demo | |||
Expert Advisor | |||
Hedging Positions | |||
Order Execution | Market Execution |
The Cent account is designed for those who are starting their trading journey or prefer to trade with smaller volumes. With a minimum deposit of $100, the Cent account provides accessibility to the markets without the availability of a demo account. Traders can gradually build their trading skills and experience while managing lower trade sizes.
For traders looking for a Standard account, Doo Prime offers an option with a minimum deposit of $100. This account type allows traders to access a wider range of trading opportunities. The Standard account also provides the advantage of a demo account, enabling traders to practice their strategies and familiarize themselves with the platform before engaging in live trading. This feature helps traders gain confidence and refine their trading approach.
Doo Prime also offers an ECN account, specifically designed for more experienced traders seeking direct market access and enhanced trading conditions. With a higher minimum deposit requirement of $5000, the ECN account provides access to deep liquidity and tight spreads. Similar to the Standard account, the ECN account also includes a demo account option, allowing traders to test and fine-tune their trading strategies in a risk-free environment.
Notably, Doo Prime restricts demo accounts to Standard and ECN account holders. Additionally, if clients don't log in to their demo accounts for over 60 days, those accounts become inactive.
Here are some easy steps for you to open a demo account:
Step 1:Visit Doo Prime – Official Website and click “Demo Account”on the top right corner.
Step 2: Account Registration: Simply enter your phone number and email on the registration interface, choose verification via email or phone, click “Send Verification Code,” set your password upon successful verification, and then agree to the terms before clicking “Submit Registration.”
Step 3: Add a demo account: In the Doo Prime User Center, go to the homepage and choose “Add Account” below the demo account section.
Step 4: Customize your demo account: You can add an account by selecting the “Creation method,” “Trading Platform,” “Basic Account Type,” “Account Currency,” “Leverage,” and specifying the “Deposit Amount.” Then, set your “Trading Password” and “Read-only Password” to complete the process.
Step 5: Demo account is sucessfully opened: Once registration is complete, users can access their personal mailbox to retrieve their demo account login details, which include the chosen “Trading Platform,” “Demo Account,” and “Server Name.”
To add your demo account funds, follow just two steps:
Step1: Within the Doo Prime User Center's Demo Account screen, simply click the gear icon located in the upper right corner.
Step 2: Input the desired deposit amount into the “Deposit” field, then confirm by clicking “Yes.”
Then, the added amount will be displayed in the demo account.
Leverage, in the context of trading, refers to the ability to control a larger position in the market with a smaller amount of capital. Doo Prime offers leverage of up to 1:1000. This means that for every dollar of trading capital, traders can control a position up to 1000 times larger.
Leverage is a double-edged sword, whch means it has the potential to magnify both profits and losses. When used wisely, leverage can amplify trading gains and allow traders to capitalize on market opportunities with a smaller investment.
Doo Prime offers spreads starting from 1 pip with a commission of USD 10 per trade. Spreads represent the difference between the bid and ask price of a financial instrument, indicating the cost that traders incur when entering a trade. With spreads starting from 1 pip, Doo Prime provides a competitive pricing structure that may appeal to traders seeking cost-effective trading opportunities.
In addition to spreads, Doo Prime applies a commission of USD 10 per trade. The commission is a fixed fee charged on each trade executed by the trader. This transparent commission structure ensures clarity regarding the cost of trading, allowing traders to accurately assess the expenses associated with their transactions.
As for the trading platform, Doo Prime provides its clients with many options. There are public platforms such as tradingview, MT5 and MT4 that have served many clients worldwide, also Doo Prime's own platform Doo Prime InTrade. If you didn't want to spend time familiarizing yourself with a new platform, you could choose public platforms. But Doo Prime's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.
MetaTrader 5 (MT5): Doo Prime also supports the advanced MetaTrader 5 platform, which builds upon the features of MT4 and offers expanded functionalities. MT5 includes additional asset classes, improved charting tools, and enhanced order execution capabilities. Traders can access a more extensive range of analytical tools, utilize depth-of-market (DOM) functionality for more precise order placement, and benefit from advanced built-in indicators and graphical objects for comprehensive market analysis.
Doo Prime Intrade: Doo Prime introduces its proprietary trading platform, Doo Prime Intrade, designed specifically for its clients. This platform combines advanced charting features, intuitive navigation, and swift order execution. Traders can enjoy a seamless trading experience with access to real-time market data, customizable charting tools, and the ability to execute trades swiftly and efficiently.
TradingView: Doo Prime integrates with TradingView, a popular and powerful charting and social trading platform. TradingView offers an extensive range of technical analysis tools, customizable charting features, and the ability to follow and interact with other traders in the TradingView community.
Social trading, a feature provided by Doo Prime, revolutionizes the way traders engage in the financial markets by combining the power of technology and social interaction. In social trading, traders have the opportunity to observe and replicate the trading activities of experienced and successful traders.
Doo Prime offers multiple payment methods. The available payment channels, their supported payment currencies, deposit limits, and processing times are as follows:
Doo Prime recommends a minimum withdrawal amount of USD 50, and it offers various withdrawal methods to accommodate the needs of its clients. For international wire transfers, withdrawals can be made in multiple currencies, including EUR, GBP, HKD, and USD. The processing time for international wire transfers is relatively quick, with funds typically being processed within one working day for withdrawal amounts up to USD 50,000. For withdrawal amounts ranging from USD 50,001 to 200,000, the processing time extends to two working days. Withdrawals of USD 200,001 to 1,000,000 require approximately five working days for processing, while withdrawals above USD 1,000,001 may take around six working days to complete.
For local bank transfers in CNY (Chinese Yuan) and VND (Vietnamese Dong), Doo Prime provides a good option for clients based in those respective regions. The processing time for local bank transfers may vary depending on the specific local banking systems. It is advisable to check with Doo Prime for the estimated processing time for local bank transfers in CNY and VND.
Doo Prime offers access to renowned market analysis provider Trading Central, providing traders with research, technical analysis, and trading ideas across various financial markets.
Additionally, Doo Prime provides Virtual Private Server (VPS) services, which offer traders enhanced trading performance and uninterrupted connectivity.
On WikiFX website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Below are the details about the customer service.
Languages: English, Chinese, Japanese, Korean, Spanish, Thai, Vietnamese.
Service Hours: 24/7
Contact Form
Email: en.support@dooprime.com
Phone: +44 11 3733 5199
Social media: Facebook, Instagram, LinkedIn, twitter
To wrap up, Doo Prime is a well-established brokerage firm with certain pros and downsides. Positively, reputable authorities' oversight of Doo Prime inspires confidence in its financial standards and investor protection.
However, even though Doo Prime has competitive spreads, traders should compare them to other brokers to get the best pricing. Without a Cent account demo account, new traders may have fewer chances to practise and learn the platform.
Is Doo Prime legit?
Yes, Doo Prime is regulated by FSA (Offshore), FINRA, LFSA, VFSC (Offshore), and ASIC.
What is the minimum deposit required to open an account with Doo Prime?
The minimum deposit required to open an account with Doo Prime is $100.
What is the maximum leverage available at Doo Prime?
The maximum leverage offered by this broker is up to 1:1000.
What are the available trading platforms at Doo Prime?
MetaTrader 4 (MT4), MetaTrader 5 (MT5), Doo Prime Intrade, and TradingView.
What assets can be traded on Doo Prime?
Forex currency pairs, contracts for difference (CFDs) on various financial instruments, indices, and cryptocurrencies.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors.
News WikiFX Broker Assessment Series | Doo Prime: Is It Trustworthy?
In this article, we will conduct a comprehensive examination of Doo Prime, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
2024-09-11 17:48
News Doo Group Secures MAS-CMS License in Singapore
Doo Group secures a CMS license in Singapore, expanding its Far East-focused brokerage services. This follows a Type 1 license in Hong Kong, marking a significant growth phase.
2024-03-25 13:26
News Doo Group Launches New Dubai Office, Expands Globally
Doo Group's new Dubai office marks a major global expansion, reinforcing its commitment to innovative financial solutions and worldwide client support.
2024-01-24 15:10
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PTInvest
Vietnam
Scam, stay away guys, no need to believe any news, orders are matched randomly, when news comes out, candlesticks are manipulated and never match the stop loss, but if the take profit matches, it will slip by several pips.
Exposure
10-11
pendyluck
Indonesia
Unable to withdraw , and they block my withdrawal menu. I have 9000 dollar. 5000 dollar in acc, 4000 dolar in wallet. they are scammer, be carefull.
Exposure
09-26
dala3421
Taiwan
I am filing a formal and urgent complaint against Doo Prime for their illegal and fraudulent refusal to release my funds. On February 22nd, I deposited $50,000 into my Doo Prime account, followed by an additional $50,000 on March 12th. Despite generating profits, my withdrawal requests have been unjustly and repeatedly denied. Doo Prime continues to allow deposits and trades, yet my funds remain illegally frozen with no sign of resolution. This is not just a delay—this is theft, pure and simple. Doo Prime’s deliberate actions to withhold client funds without justification amount to nothing less than financial fraud. I will not stand by while they continue to scam me and countless other victims. These actions are unethical, illegal, and in clear violation of financial regulations. I can provide ample evidence, including testimonies from many other affected individuals, proving that Doo Prime is running a fraudulent operation. These are not isolated incidents—there is a pattern of dece
Exposure
09-19
FX5057670692
India
Withdrawals denied and blocked. Scam Broker. Stay away Though this broker projects itself as a regulated broker but it works like a super scam broker. I worked as a copy trading provider here and earned performance fees however they rejected my withdrawal of performance fees and no reason was provided at all. I have gone through other reviews too and it seems that they are doing same thing with every trader who makes profit. My total loss of funds here is 1300$ which they have blocked to withdraw. They have blocked my withdrawal operations as well. Customer support is totally helpless and they just tell that your manager will address the issue. Manager never responds. Its my advice to all indian and pakistani investors/traders to stay away from this broker if you are intending to enter with a large capital
Exposure
09-13
Sanjay vaghasiya
India
frod broker Dooprime blocked withdrawal and deposit amount also .plz guys don't believe on this broker
Exposure
08-21
xuka
Vietnam
The price reached the take profit level, but the exchange did not close the order, causing me a loss of over $500.
Exposure
07-31
hanhtran
Vietnam
I have 2 orders to buy and sell xauusd at nonfarm time, with full SL and TP settings. But at the same time, the news came out, that my network system was suspended, and when I restarted the system, the exchange stopped me and my profit taking was incorrect, which was very unreasonable. I request the floor to resolve this issue for me reasonably and compensate my losses accordingly.
Exposure
07-08
Godelmu
Indonesia
I took part in yesterday's event for NDB 100$ new users, after registering and verifying my account and getting my account to trade according to the existing conditions. and in the evening I tried to withdraw profits, the next day I got an email that the account was suspended and it failed. what a strange event they gave.Very fraudulent for the 100$ ndb event and this is dangerous for others to join here.
Exposure
06-13
Yaman1903
Turkey
You haven't paid me 1000 dollars since April 11th and I've been writing so much but no one is reaching me or solving my problem. No one should trust a company that does not even pay 1000 dollars, you stole my money
Exposure
05-25
Yaman1903
Turkey
nasdaq ve altin işleminden kar ettim paramı çekmek istediğimde hesabımı kapattılar ve 998 dolar paramı vermiyorlar, bu parayı bile ödemeyen firma dolandırıcıdır kesinlikle burda işlem yapmayın doo prime firmasından uzak durun
Exposure
04-28
Yaman1903
Turkey
I made a profit from the Nasdaq and gold transaction, I requested to withdraw my money of 998 dollars, but they do not pay my money and they closed my account. I want my money paid urgently. A company that does not even pay $998 is unreliable and fraudulent.
Exposure
04-28
Yaman1903
Turkey
I made a profit in 2 transactions and when I wanted to withdraw my money, they unfairly confiscated my money and banned access to my account. They don't pay my 998 dollars. Everything is expected from such a company that does not even pay 998 dollars. I want my money paid urgently
Exposure
04-26
Chiuuu
Taiwan
Yesterday it stuck, today the market is lagging. How could it be? The real market is completely different from the demo.
Exposure
02-16
BIT5875610152
Taiwan
The review was stucked after applying for withdrawal and there is no response from customer service.
Exposure
2023-05-04
FX4070678565
United States
This company forces it's investors into depositing more money to their platform but when I asked them to send my funds out they became silent and ignored every advance I made to them in an attempt to get back my funds had to request a refund that came under fintrack/ org Whatever you do never invest your money in Doo Prime, they will delay the withdrawal forever if possible
Exposure
2022-08-22
FX6845073
Singapore
On the basis that money laundering was suspected on my account, they requested a further $51,000 payment after receiving my original deposit to unlock my account, we filed and submitted a rport with the relevant Assetsclaimback authorities requesting that they take action to shut down comparable exchanges and reinstate my withdrawal rights, as they had previously done for victims from other platforms. This bad technology to create their website and call from foreign countries scammers and manipulator that’s what Doo prime us imagine not reaching out to the authority firm i would have lost all my investment sadly.
Exposure
2022-08-11
FX244677432
United Kingdom
These folks, who are nothing more than the worst kind of con artists, received my $55,000 investment. They are not reachable by phone. They are an unregistered trader who conducts business out of no where. They advised me that investing $2500 was a waste of time, so I instead invested $55,000.
Exposure
2022-08-10
FX2100823445
Canada
Do not come close to this company or any of their traders as it's all a scam that could have cost me tens of thousands after seeing them deny me withdrawal a few times i followed the money and had cases lodged with various fraud regulatory bodies inclusive of fintrack. org for this reason the investment was released This broker should be completely ashamed of themselves but they are too busy stealing from investors' funds.
Exposure
2022-08-10
FX2135781672
United States
They have found a bunch of reasons for withdrawal after deposit. It has been two or three days, and I have been completely ignored now.
Exposure
2022-04-14
FX2094466400
India
it's a scam broker I show you the screenshot. I am withdrawal my money $16861 on 11-06-2021 but it not success or they did not contact me still now not receive my money till now. if you can help me to recover my money I can give you 30% of my money. plz help me , my account register with suryassec1@gmail.com and my password is Litu9438. login to it.
Exposure
2021-09-21