Pros
  • Multi-regulated broker by Tier 1 authorities.
  • Trade over 10,000 CFD instruments.
  • Low spreads starting from 0.1 pips.
  • Free demo account.
  • Leverage up to 1:1000.
  • Fast execution speeds.
  • They don’t charge non-trading fees.
  • Cons
  • No Bitcoin and cryptocurrency assets to trade.
  • What is Doo Prime?

    About Doo Prime

    Doo Prime is an award-winning CFD broker since its establishment in 2017, with global offices in financial hubs like the USA, Australia, Dubai, Singapore, Hong Kong, and Kuala Lumpur. 

    Doo Prime exemplifies growth anchored in excellence. Catering to an impressive community of over 200,000 active clients worldwide, with customer support available in 10 languages including English and Arabic.

    They are a multi-regulated broker by renowned regulatory authorities including FINRA, FCA, ASIC, Seychelles FSA, Mauritius FSC, and Vanuatu FSC. This rigorous compliance framework underscores its commitment to providing a safe and transparent trading environment. Clients have at their disposal a wide range of over 10,000 CFD  instruments to trade, including forex, stocks, indices, futures and commodities.

    Doo Prime offers leverage up to a remarkable 1:1000, paired with low spreads starting from just 0.1 pips, delivering a competitive edge for both novice and advanced traders. They provide the popular Metatrader platforms — both MT4 and MT5 — to fortify the trading experience alongside innovative social trading prospects and analytical prowess via tools like Trading Central. 

    Since the 2023 they are a global official partner of the legendary Premier League team Manchester United, and also they made a partnership with the Adelaide United Football Club in 2022.

    Founded2017
    Regulated byVanuatu FSC, Mauritius FSC, Seychelles FSA, FINRA (US), FCA (UK), ASIC (Australia)
    Minimum Deposit$0
    Trading platformsInTrade, Mobile App, MetaTrader 4, MetaTrader 5, TradingView, FIX API 4.4
    Available markets Indices, metals, stocks, forex, commodities, futures
    Demo accountyes
    Islamic accountYes, upon request
    Spreads starting from0.0 Spread (ECN Account)
    Maximum leverage1:1000
    Deposit OptionsBank Transfer, VISA, Mastercard, Google Pay, Apple Pay, OTCCPP, ePay, Fasapay
    doo prime review AR

    Platforms and Tools

    Doo Prime offers the well-known Metatrader 4 (MT4) and Metatrader 5 (MT5) platforms.  MT4 is recommended for beginners due to its simplicity, while MT5 suits experienced traders for advanced tools.

     Both platforms offer customizable layouts, Expert Advisors (EAs), charting features, and technical analysis tools. 

    They are available on desktop and iOS and Android apps. 

    Doo Prime also provides Trading View and FIX API 4.4 plaforms catering to experienced technical traders.

    doo prime platform

    Trading Tools

    Mostly of brokers are adding social trading tools to their platforms.  Doo Prime connects traders through interactive features. Traders can follow, copy, and engage with each other using Doo Prime's social trading tools like Outrade and FOLLOWME. These tools enable the automatic duplication of successful trades and offer market analysis, investment insights, and trading analysis via Trading Central. The aim is to enrich the trading experience by promoting knowledge sharing and community involvement.

    Range of Markets

    You can choose among over 10,000 CFD instruments to trade, including: 

    • Currencies:: 50+ forex pairs. Including the EUR/USD, USD/JPY,  and EUR/GBP. 
    • Stock indices: Trade over 10 stock indices such as SPX 500 or DAX 30.
    • Futures: Choose among futures CFDs such as COMEX Gold Futures or ICE Brent Crude Futures.
    • Securities : Trade on more than 300 of the most famous American and Hong Kong stocks (Apple, Alibaba, Alphabet, …)
    • Commodities: CFD commodities including crude oil and gas.
    • Metals: Gold and silver.

    Types of accounts

    Doo Prime offers three types of live accounts: CENT, STP, and ECN. 

    The CENT and STF accounts are suitable for beginners, with spreads from 1.0 pips and a minimum account requirement of $0 only. The ECN account is more appropriate for experienced traders, with spreads starting from 0 pips.

    Regardless of the account chosen, the minimum lot size is 0.01, and the maximum opening position is 1500 orders. 

    1. CENT: There is no minimum deposit. Spreads starting from 1 pip. Forex trading. Metals and commodities.
    2. STP: The minimum deposit is 100$. Spreads starting from 1 pip. Trade stocks, futures, forex, metals, commodities, and indices.
    3. ECN: Minimum deposit 5000$. Spreads starting from 0.0 pips. Trade stocks, futures, forex, metals, commodities, and indices.
    doo prime accounts AR

    Demo account

    Free demo mode is available for STP and ECN accounts Unfortunately, they will not provide a free demo account if you choose a CENT account. 

    Islamic account

    Swap-free account available upon request.

    How to start trading with Doo Prime?

    Registering with Doo Prime was a very simple process - just a few minutes.

    Simply provide your basic details like first name, last name, country of residence, phone number, email address, and password. Activating your account is easy with the registration link sent to your email.

    Once in the client dashboard, you're in control. Customize your account settings – choose the account type, base currency, and leverage options, and select the trading platform that suits you best

    Fees and Commissions

    SpreadsStarting from 0.0 pips.
    Inactivity feesNot
    Monthly maintenance feeNot
    Withdrawal feesNot

    Customer Service

    Dedicated to providing top-notch service, Doo Prime goes above and beyond for its clients. With a website accessible in 10 languages and a global presence, they serve a diverse international clientele. Their team members are multilingual, fluent in languages such as English and Arabic, ensuring seamless communication via live chat and email support

    Leverage

    They can offer leverage of up to 1:1000 if you are under the regulatory entities of Seychelles, Mauritius, or Vanuatu. If you are based in the UK, EU or Australia, the maximum leverage will be 1:30.

    Education

    They provide an impressive education section where you can find introductory and in-depth courses, investment course videos and e-books, analysis, and investment terms (glossary). 

    Promotions

    They are running the “Swap-Free campaign, where you can trade CFDs in metals, stock indices, U.S. stocks, and currencies without paying overnight interest. .

    Deposit Options

    They have a wide range of funding methods in 22 currencies including local bank transfers, electronic wallets (OTCCPP, Epay, and Fasapay) , credit cards (VISA, Mastercard, Google Pay, and Apple Pay), and international bank transfers. 

    A good point is that they don’t have deposit and withdrawal fees.

    Regulations

     The Doo Prime Group shines under the watchful eyes of top-tier regulators like the SEC, FINRA, FCA, and ASIC, along with licences from Seychelles FSA, Mauritius FSC, and Vanuatu FSC.

    Doo Prime Broker Review: Conclusion

    In conclusion, we think that this award-winning broker provides trading service that caters well for the needs of beginner and advanced traders. They offer an impressive range of trading instruments, numerous deposit options, and the oversight of multiple tier-1 regulatory bodies.  Their low spreads and absence of non-trading are also good points for us. While the lack of Bitcoin and cryptocurrency options might deter some crypto enthusiasts, the overall proposition of Doo Prime is good. With platforms like MetaTrader adding to their appeal, we find Doo Prime to be a recommended choice for traders seeking a balanced and professional brokerage experience. 

    FAQ:

    What is the maximum leverage Doo Prime offers?

    The maximum leverage is 1:1000 if you are under the regulation of the Seychelles, Mauritius or Vanuatu entity. 

    Does Doo Prime offer a free demo account?

    Yes, you can practice with a demo account if you apply for an STP or ECN account

    What is the minimum deposit at Doo Prime?

    There is no minimum deposit if you open a CENT account.

    Is Doo Prime a safe broker?

    Yes, they are a legit broker regulated by multiple tier-1 regulatory bodies. They have a good reputation among over 100,000 clients around the World. 

    Ahmed A.
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    Doo Prime
    4.5/5
    Trading CFDs and Forex Options involves risks and may result in the loss of your capital
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