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Doo Prime

Est. 2014 · Vanuatu · Regulated by Array

Min Deposit$0
Max Leverage1:1000
RegulationArray
Founded2014
PlatformsArray
HeadquartersVanuatu
Demo Account Islamic Account Crypto Trading Affiliate Program Scalping Hedging

Trading Conditions

Tradable Instruments

Doo Prime offers a wide variety of tradable instruments across several asset classes. Here's a breakdown:

  • Securities: This includes Contracts for Difference (CFDs) on stocks. Doo Prime offers a limited selection, with around 10+ US and Hong Kong stocks available for trading.
  • Futures: You can trade CFDs on futures contracts.
  • Forex: Doo Prime offers a large selection of currency pairs, with over 1,749+ available for trading.
  • Precious Metals: Trade CFDs on precious metals like gold and silver.
  • Commodities: Doo Prime allows trading CFDs on various commodities like oil and natural gas.
  • Stock Indices: Gain exposure to a basket of stocks through CFDs on major stock indices like S&P 500 and Nasdaq.

Overall, Doo Prime boasts a vast selection with over 10,000 financial products to trade. You can access these instruments through a single integrated account, making it convenient to manage your portfolio.

Accounts & Platforms

Account Types

Doo Prime offers various trading accounts to suit different needs:

Cent Account: This is a good option for beginners who want to practice trading with minimal capital. It uses a cent denomination, so the risk per trade is much smaller.

STP Standard Account: This account offers standard Straight Through Processing (STP) execution, with tight spreads and commission fees.

ECN Professional Account: This account is designed for experienced traders who prefer Electronic Communication Network (ECN) execution. It offers the lowest spreads and more transparency into order execution.

doo prime trading accounts

  • The minimum deposit amount varies depending on the account type.
  • Doo Prime offers high leverage, but keep in mind that high leverage can amplify both your profits and losses.
  • Doo Prime supports popular platforms like MetaTrader 4, MetaTrader 5, and TradingView.

Opening an Account

Steps to register with Doo Prime

  1. Navigate to our Doo Prime Official Website.
  2. Click on the Register button on the upper right corner.
  3. Then you will be redirected to Registration Page where you will need to fill in your contact details to create an account.
  4. You are also required to create a password which will be your password for your Doo Prime Client Account.
  5. After filling out the form and clicking Continue, you will receive a 4-digit verification code via email. You need to enter this verification code in the relevant box and you will be redirected to the client area.

Trading Platforms

Doo Prime offers a variety of trading platforms to cater to different trader preferences:

MetaTrader 4 (MT4): A widely popular and user-friendly platform known for its extensive technical analysis tools, charting capabilities, and automated trading (bots) functionality.

MetaTrader 5 (MT5): The successor to MT4, offering a more advanced platform with additional features like hedging and a wider range of order types.

Doo Prime InTrade: Doo Prime's own platform, designed for a smooth and user-friendly experience. It boasts features like real-time market data, technical analysis indicators, and integration with social trading.

TradingView: A popular web-based charting platform known for its advanced charting tools and social networking features. Doo Prime offers integration with TradingView.

FIX API 4.4: For institutional investors or experienced traders who prefer a more customizable solution, Doo Prime provides a FIX API for direct access to their trading platform.

Deposits & Withdrawals

Doo Prime offers a variety of convenient methods for depositing and withdrawing your funds. Here's a breakdown of what you need to know:

Funding Methods:

Multiple Options: You can choose from various methods like international bank transfer, local bank transfer, cryptocurrency, e-wallets (including NganLuong and PayPal), and even credit/debit cards (Visa/Mastercard).

Minimum Deposit: The recommended minimum deposit is USD 100, but it can vary depending on your chosen method.

Supported Currencies: Doo Prime supports over 20 currencies for deposits, offering flexibility for international investors.

Regulation & Safety

Doo Prime Seychelles Limited

Company registered office address at Room B11, 1st Floor Providence Complex, Providence, Mahe, Seychelles and the company registration number is 8427202-1.

Doo Prime Seychelles Limited is a licensed securities dealer, authorized and regulated by the Seychelles Financial Services Authority (SC FSA), and the regulatory number is SD090.

Doo Prime Mauritius Limited

Doo Prime registered office address at The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebene, Republic of Mauritius and the company registration number is 172054.

Doo Prime Mauritius Limited is a licensed investment dealer, authorized and regulated by the Mauritius Financial Services Commission (MU FSC), and the regulatory number is C119023907.

Doo Prime Vanuatu Limited

Doo Prime registered office address at Govant Building, Po Box 1276, Port Vila, Vanuatu and the company registration number is 700238. Doo Prime Vanuatu Limited is a licensed financial dealer, authorized and regulated by the Vanuatu Financial Services Commission (VU FSC), and the regulatory number is 700238.

Company Information

Doo Prime is a multi-regulated online forex and CFD broker that offers trading on a variety of financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies. They offer tight spreads, a variety of trading platforms, and 24/7 customer support.

Final Verdict

Doo Prime offers a tempting spread of features for forex and CFD traders. With account options for beginners and veterans alike, they cater to various experience levels. Whether you prefer standard STP execution or more transparent ECN, Doo Prime has you covered. They boast tight spreads starting from 1 pip (variable) and a diverse selection of assets for trading, including forex, CFDs on stocks, indices, commodities, and even cryptocurrencies. For those who enjoy the social aspect of trading, Doo Prime's "Outrade Trading Community" facilitates copy trading and highlights top performers through leaderboards.

However, some potential drawbacks need consideration. Doo Prime's regulation status has received mixed reviews, and a scarcity of user reviews makes it difficult to gauge real-world experiences. Additionally, while they waive deposit/withdrawal fees, commission fees on top of spreads can add to trading costs.

Overall, Doo Prime presents attractive features but also some reasons for caution. If you're an experienced trader comfortable with high leverage and social aspects, or someone seeking ECN execution, Doo Prime might be worth exploring.