Doo Prime Broker Review

Doo Prime Review 2024

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Broker Info

Regulations: UK FCA (FRN: 833414), Mauritius FSC (C119023907), Vanuatu FSC (700238)
Offices: UK, Mauritius, Seychelles, Vanuatu
Countries Not Allowed: US, Canada, Israel, Iran, North Korea
Liquidity provider: Multiple
Customer Service: 24/7 Live Chat, Email, Phone
Server locations: London, New York, Hong Kong, Tokyo
Languages : English, Chinese, Spanish


Account Currency: USD, EUR, GBP, etc.
Account Types: Standard, ECN, VIP
Demo Account: Yes
Platforms: MT4, MT5
Max Leverage: 1000X
Min Trade Size: 0.01 lot


Spread: 0.1 pips
Swaps: Yes
Commission: ECN accounts only (variable)
Margin Call: 80%
Stop Out: 50%


Currencies: 60+ pairs
Crypto: No
CFDs: Yes (Stocks, Indices, Commodities)
MAM: Yes
EAs/Robots: Allowed
News Trading: Allowed
Scalping: Allowed
Hedging: Allowed
Copy Trading: Available


Deposit Methods: Bank Wire, Credit Card, E-wallets
Withdrawal Fee: Yes
Inactivity Fee: Yes
Withdrawal methods: Bank Wire, E-wallets
Minimum Deposit: $100
Bonus on Deposit: No


Education: Yes (webinars, articles)
Affiliate program: Available

Choosing the right online broker is crucial for any trader, whether you’re a seasoned pro or just starting your journey in the financial markets. With a plethora of options available, it can be overwhelming to find the one that best suits your needs.

This Doo Prime review aims to shed light on the broker’s offerings, helping you decide if it aligns with your trading goals and preferences.

Doo Prime Review 2024

Who is Doo Prime and Who Should Consider Them?

Established in 2014, Doo Prime is a brokerage firm offering access to various financial instruments, including forex, CFDs on stocks, indices, commodities, and more. They cater to both active and social traders who value tight spreads, fast execution speeds, and a user-friendly platform. Additionally, they offer managed account solutions for investors seeking professional guidance.

Trading Platforms and Tools

Doo Prime provides the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are renowned for their user-friendly interface, advanced charting capabilities, and extensive selection of technical indicators.

Beyond the platforms, Doo Prime offers various additional trading tools, including:

  • AutoChartist for automated technical analysis
  • VPS (Virtual Private Server) hosting for uninterrupted trading
  • Economic calendar and market news

Financial Instruments Offered by Doo Prime

If diversification is your game, Doo Prime has you covered. They offer a broad range of financial instruments, including:

  • Forex trading: Trade major, minor, and exotic currency pairs with competitive spreads.
  • CFDs: Gain exposure to various assets, including stocks, indices, commodities, and cryptocurrencies (through CFDs), without owning the underlying asset.

Account Types at Doo Prime

Doo Prime caters to different trading styles and experience levels with three primary account types:

  • Standard Account: Ideal for beginners, offering lower minimum deposits and commission-free trading.
  • ECN Account: Geared toward more experienced traders, featuring tighter spreads and commission-based pricing.
  • VIP Account: Tailored for high-volume traders, providing the best spreads, personalized service, and exclusive benefits.

Spreads and Commissions at Doo Prime

Spreads and commissions are significant cost factors in trading. Doo Prime offers competitive spreads across various account types, with the ECN account boasting the tightest spreads. Additionally, their commission structure varies depending on the chosen account and traded instrument.

It’s crucial to compare the spreads and commission structure across different account types before making your choice.

Leverage and Margin Requirements

Doo Prime provides varying leverage options, allowing you to control your position size with a smaller initial investment. However, remember that leverage is a double-edged sword. While it can amplify potential profits, it can also magnify losses.

Always understand the risks associated with leverage and trade responsibly within your risk tolerance. Doo Prime also has margin requirements, which represent the minimum amount of capital you need to hold in your account to maintain open positions.

Funding Your Doo Prime Account

Doo Prime offers a variety of convenient deposit and withdrawal methods, including:

  • Bank transfers
  • Credit/debit cards
  • E-wallets

Processing times and fees vary depending on the chosen method, so be sure to check their website for the latest information.

Customer Support at Doo Prime

Having access to responsive and reliable customer support is essential for any trader. Doo Prime offers 24/7 customer support via various channels, including:

  • Live chat
  • Email
  • Phone

Their support staff is available in multiple languages, ensuring assistance regardless of your location. While user reviews regarding response times can vary, Doo Prime strives to provide timely assistance to their clients.

Research and Education at Doo Prime

Doo Prime understands the importance of equipping traders with the necessary knowledge. They offer a range of market analysis and educational resources, including:

  • Daily market reports and webinars
  • Trading articles and tutorials

These resources can help you stay informed about market developments and refine your trading strategies.

Security and Regulation at Doo Prime

When it comes to your hard-earned money, security is paramount. Doo Prime is regulated by the Vanuatu Financial Services Commission (VFSC), providing a certain level of oversight. Additionally, they implement various account security measures, including:

  • Two-factor authentication
  • Secure data encryption

While regulation offers a layer of security, it’s crucial to do your own research and due diligence before entrusting your funds with any broker.

Advantages and Disadvantages of Doo Prime


  • User-friendly MT4 and MT5 platforms
  • Wide range of financial instruments
  • Competitive spreads and commission structure
  • Various account types to suit different needs


  • Limited regulatory oversight compared to some competitors
  • Mixed reviews regarding customer service response times
  • Not ideal for US residents due to regulatory restrictions

Is Doo Prime Safe?

While Doo Prime implements security measures and operates under VFSC regulation, it’s important to remember that no online broker can guarantee complete safety. It’s crucial to conduct your own research and understand the inherent risks involved in online trading before making any investment decisions.

Alternatives to Doo Prime

If Doo Prime doesn’t quite tick all your boxes, several other reputable brokers offer similar services. Some alternatives to consider include:

It’s recommended to compare features, fees, and regulations across different brokers before making your final choice.


Doo Prime offers a comprehensive trading platform with a good selection of financial instruments and competitive pricing. However, their limited regulatory oversight and mixed customer service reviews might give some traders pause.

Ultimately, whether Doo Prime is the right broker for you depends on your individual needs and risk tolerance. Carefully consider the factors discussed in this review, conduct further research, and don’t hesitate to compare them with other options before making your decision.


Is Doo Prime a good broker for beginners?

Doo Prime offers a user-friendly platform and educational resources, making it potentially suitable for beginners. However, the inherent risks of leverage and the potential for limited customer support might make other brokers a better initial choice.

What are the minimum deposit requirements?

Minimum deposit requirements vary depending on the chosen account type. Standard accounts typically have a lower minimum deposit compared to ECN and VIP accounts.

Does Doo Prime offer Islamic accounts?

Doo Prime does not currently offer swap-free Islamic accounts.

How long does it take to withdraw funds?

Withdrawal processing times can vary depending on the chosen method and can take several business days.

Is Doo Prime regulated?

Yes, Doo Prime is regulated by the Vanuatu Financial Services Commission (VFSC). However, it’s important to note that VFSC regulations might not offer the same level of investor protection compared to regulations in other jurisdictions.

Opening a Doo Prime Account: A Step-by-Step Guide

  1. Head to the Doo Prime website: Visit their official website and locate the “Open Account” button, usually found prominently on the homepage.
  2. Choose your account type: Select the account type that best suits your needs. Standard accounts are ideal for beginners, while ECN and VIP accounts offer tighter spreads and are geared towards more experienced traders.
  3. Complete the registration form: Provide your personal information, including your name, email address, phone number, and country of residence. Ensure you enter accurate details to avoid verification delays.
  4. Verify your identity and residence: Upload the required documents for verification, such as a government-issued photo ID (passport, driving license) and proof of residence (utility bill, bank statement).
  5. Fund your account: Choose your preferred deposit method from the available options, such as bank transfer, credit/debit card, or e-wallet.
  6. Start trading! Once your account is verified and funded, you can access the trading platform and begin your trading journey.

Additional Tips:

  • Carefully review Doo Prime’s terms and conditions before opening an account.
  • Familiarize yourself with the platform’s features and functionalities through their demo account before using real funds.
  • Start with a small initial investment, especially if you’re a beginner, to manage potential risks.

๐ŸŒŸ Doo Prime Summary:

๐Ÿฆ Broker Name: Doo Prime
๐Ÿ“… Established Year: 2014
๐Ÿ›ก๏ธ Regulations: Regulated by the UK FCA (FRN: 833414), Mauritius FSC (C119023907), Vanuatu FSC (700238)
๐Ÿ“ Headquarters: London, UK
๐Ÿ’ฐ Minimum Deposit: $100
๐Ÿ“ฑ Platforms: MT4, MT5
๐Ÿ”’ Max Leverage: Up to 1000
๐Ÿ’ณ Deposit Methods: Bank Wire, Credit Card, E-wallets
๐Ÿ† Broker Judge Score: 8.4 out of 10

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