Doo Prime Review

Edited by: Louis Schoeman

Doo Prime Review Banner

 

Doo Prime Review is a trusted and multi-regulated CFD and Forex Broker. Doo Prime advertises ultra-low spreads from 0.0 pips. You can easily trade over 10,000 financial instruments with Doo Prime using various powerful trading platforms.

 

🛡️Regulated and trusted by CySEC
🛡️1808 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

 

🔍Broker🥇Doo Prime
🔢Year Founded2014
👤Amount of StaffNot specified
👥Amount of Active TradersNot specified
📌Publicly TradedNone
📉RegulationFSC (Mauritius),
FSA (Seychelles)
Vanuatu
Financial
Services
Commission (VFSC)
🌎Country of RegulationMauritius
Seychelles
Vanuatu
🗂️Account Segregation✅Yes
🌟Negative Balance Protection✅Yes
💙Investor Protection Schemes✅Yes (subject
to specific
regulations)
➡️Institutional Accounts✅Yes
🫴🏻Managed Accounts✅Yes
💴Minor Account CurrenciesUSD
EUR
GBP
AUD
HKD
SGD
JPY
CAD
💵Minimum Deposit$100
⏰Average Deposit/Withdrawal Processing Time1-3 business days
💳Fund Withdrawal FeeVaries by
method; some
options are
free
✏️Spreads From0.0 pips
💷CommissionsFrom $10
per lot
(on ECN and
zero commissions
on STP)
8️⃣Number of Base Currencies Supported8
(USD
EUR
GBP
AUD
HKD
SGD
JPY
CAD)
✏️Swap Fees✅Yes
Normal Clients
& Partial
Professional
Clients are
entitled to swap
Free products.
(No swap fees
for most
Professional
clients)
⬆️LeverageUp to 1:1000
📉Margin RequirementsVaries
depending on
the account
and asset
☪️Islamic Account (Swap-Free)✅Yes
🆓Demo Account✅Yes
⏱️Order Execution Time0.02 seconds
on average
🖥️VPS Hosting✅Yes
(available for
high-volume
traders)
👉CFDs - Total OfferedAround 10,000
📈CFD Stock Indices13+
📉CFD Commodities20+
📊CFD Shares300+
💶Deposit OptionsBank Transfer
Credit/Debit Card
E-Wallets
(Skrill
Neteller, etc.), Cryptocurrencies
💳Withdrawal OptionsBank Transfer
Credit/Debit Card
E-Wallets
(Skrill,
Neteller, etc.), Cryptocurrencies
📊Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Doo Prime InTrade
Copy Trading
TradingView
🍎OS CompatibilityWindows
macOS
iOS
Android
🔩Forex Trading ToolsTechnical Indicators
Expert Advisors
(EAs)
VPS hosting
Autochartist,
and Trading
Central
🫴🏻Customer Support✅Yes
🗣️Live Chat Availability✅Yes
💻Customer Support Email Address[email protected]
☎️Customer Support Contact NumberNot specified
📱Social Media PlatformsFacebook
Twitter
LinkedIn
YouTube
⚙️Languages Supported on Doo Prime WebsiteEnglish
Chinese
Malay
Thai
Vietnamese
Korean,
Portuguese
Arabic
Spanish
Farsi
Hindi
Urdu
and Japanese
🎓Education and Research✅Yes
✏️Forex Course✅Yes
💻Webinars✅Yes
📖Educational ResourcesArticles
Video Tutorials
Webinars
Market Analysis
🤝Affiliate Program✅Yes
👥Amount of PartnersNot specified
🫰🏻IB Program✅Yes
🎁Sponships✅Yes
🎀Rebate Program✅Yes
💰Cent or Micro Accounts✅Yes
(Cent Accounts
available)
🚀Open an Account👉 Click Here

 

Overview

Doo Prime is a leading international online broker that offers exceptional financial trading services for both retail and professional investors. With cutting-edge technology, low trading costs, and 24/7 multilingual support, Doo Prime connects clients to the global financial markets.

It provides access to various products such as Forex, CFDs, stocks, commodities, and more, via platforms like MT4 and MT5. Doo Prime is committed to providing a safe, innovative, and seamless trading experience, backed by a mission to make trading more accessible and efficient worldwide.

 

Frequently Asked Questions

 

What is Doo Prime?

Doo Prime is a global online broker offering a variety of trading products such as Forex, CFDs, commodities, and stocks. It provides access to financial markets via platforms like MT4 and MT5, with low trading costs and multilingual support.

 

How do I start trading with Doo Prime?

Starting with Doo Prime is simple. Register an account on their website, complete the verification process, deposit funds through secure payment methods, and start trading on global markets.

 

What products can I trade on Doo Prime?

Doo Prime offers over 10,000 financial products including currency pairs, U.S. and Hong Kong stocks, global stock indices, and commodities. You can access these through a single integrated account.

 

What makes Doo Prime stand out from other brokers?

Doo Prime stands out with its competitive pricing, innovative technology, and exceptional customer service. It has earned numerous awards for its trading speed, price execution, and customer service excellence.

 

Our Insights

Doo Prime is a robust, innovative broker designed for traders of all levels, offering a seamless and secure trading environment. With access to a wide range of global markets, cutting-edge technology, and a commitment to customer satisfaction, Doo Prime is an excellent choice for those looking to trade professionally or explore global investment opportunities.

 

Overview

 

Detailed Summary

 

🔍Broker🥇Doo Prime
🔢Year Founded2014
👤Amount of StaffNot specified
👥Amount of Active TradersNot specified
📌Publicly TradedNone
📉RegulationFSC (Mauritius),
FSA (Seychelles)
Vanuatu
Financial
Services
Commission (VFSC)
🌎Country of RegulationMauritius
Seychelles
Vanuatu
🗂️Account Segregation✅Yes
🌟Negative Balance Protection✅Yes
💙Investor Protection Schemes✅Yes (subject
to specific
regulations)
➡️Institutional Accounts✅Yes
🫴🏻Managed Accounts✅Yes
💴Minor Account CurrenciesUSD
EUR
GBP
AUD
HKD
SGD
JPY
CAD
💵Minimum Deposit$100
⏰Average Deposit/Withdrawal Processing Time1-3 business days
💳Fund Withdrawal FeeVaries by
method; some
options are
free
✏️Spreads From0.0 pips
💷CommissionsFrom $10
per lot
(on ECN and
zero commissions
on STP)
8️⃣Number of Base Currencies Supported8
(USD
EUR
GBP
AUD
HKD
SGD
JPY
CAD)
✏️Swap Fees✅Yes
Normal Clients
& Partial
Professional
Clients are
entitled to swap
Free products.
(No swap fees
for most
Professional
clients)
⬆️LeverageUp to 1:1000
📉Margin RequirementsVaries
depending on
the account
and asset
☪️Islamic Account (Swap-Free)✅Yes
🆓Demo Account✅Yes
⏱️Order Execution Time0.02 seconds
on average
🖥️VPS Hosting✅Yes
(available for
high-volume
traders)
👉CFDs - Total OfferedAround 10,000
📈CFD Stock Indices13+
📉CFD Commodities20+
📊CFD Shares300+
💶Deposit OptionsBank Transfer
Credit/Debit Card
E-Wallets
(Skrill
Neteller, etc.), Cryptocurrencies
💳Withdrawal OptionsBank Transfer
Credit/Debit Card
E-Wallets
(Skrill,
Neteller, etc.), Cryptocurrencies
📊Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Doo Prime InTrade
Copy Trading
TradingView
🍎OS CompatibilityWindows
macOS
iOS
Android
🔩Forex Trading ToolsTechnical Indicators
Expert Advisors
(EAs)
VPS hosting
Autochartist,
and Trading
Central
🫴🏻Customer Support✅Yes
🗣️Live Chat Availability✅Yes
💻Customer Support Email Address[email protected]
☎️Customer Support Contact NumberNot specified
📱Social Media PlatformsFacebook
Twitter
LinkedIn
YouTube
⚙️Languages Supported on Doo Prime WebsiteEnglish
Chinese
Malay
Thai
Vietnamese
Korean,
Portuguese
Arabic
Spanish
Farsi
Hindi
Urdu
and Japanese
🎓Education and Research✅Yes
✏️Forex Course✅Yes
💻Webinars✅Yes
📖Educational ResourcesArticles
Video Tutorials
Webinars
Market Analysis
🤝Affiliate Program✅Yes
👥Amount of PartnersNot specified
🫰🏻IB Program✅Yes
🎁Sponships✅Yes
🎀Rebate Program✅Yes
💰Cent or Micro Accounts✅Yes
(Cent Accounts
available)
🚀Open an Account👉 Click Here

 

Frequently Asked Questions

 

Is Doo Prime suitable for beginner traders?

Yes, Doo Prime caters to both beginners and experienced traders. It offers user-friendly platforms like MT4 and MT5, a free demo account, and comprehensive customer support to help new traders get started.

 

What are the deposit and withdrawal methods at Doo Prime?

Doo Prime provides various secure payment options for deposits and withdrawals, ensuring convenience for global users. These methods are fast and reliable, allowing for smooth financial transactions.

 

What are the benefits of trading with Doo Prime?

Some key benefits include low trading costs, access to over 10,000 financial products, seamless connection to global markets, and advanced trading technology. Additionally, Doo Prime offers 24/7 customer support in multiple languages.

 

How does Doo Prime ensure the safety of customer funds?

Doo Prime prioritizes the security of client assets by adhering to strict regulatory standards and using advanced encryption technologies. This ensures that customer funds are protected in a secure trading environment.

 

Our Insights

Doo Prime emerges as a comprehensive and reliable trading platform for both novice and seasoned traders. With a commitment to innovation, low-cost trading, and top-tier customer service, it delivers an outstanding experience.

Its global reach, extensive product offerings, and secure trading environment make it a compelling choice for anyone seeking to navigate the world of online trading.

 

Detailed Summary

 

Safety and Security

Doo Prime is committed to providing a secure and reliable trading environment for all its clients. With a strong emphasis on customer asset protection, the platform adheres to the highest security standards. It utilizes advanced encryption technology, follows regulatory requirements, and implements strict internal protocols to safeguard client funds.

This commitment to safety ensures traders can confidently focus on their financial goals, knowing their investments are protected.

 

Frequently Asked Questions

 

How does Doo Prime ensure the safety of my funds?

Doo Prime employs advanced encryption technologies and follows strict regulatory standards to safeguard customer funds. The platform ensures that client funds are stored securely and protected from potential risks.

 

Is Doo Prime regulated?

Yes, Doo Prime operates under strict regulations and complies with industry standards to ensure the safety of its clients. The broker prioritizes transparency and ethical practices in all aspects of its operations.

 

What security measures are in place to protect my personal information?

Doo Prime utilizes state-of-the-art encryption protocols to protect your personal and financial information. The platform ensures that your data is secure from unauthorized access and cyber threats.

 

Can I trust Doo Prime with my trading account and personal details?

Yes, Doo Prime is dedicated to upholding the highest level of trust and security. The platform has earned industry recognition for its reliability, and its strong safety measures ensure that your trading account and personal information remain safe.

 

Our Insights

Doo Prime places a high priority on the safety and security of its clients’ funds and personal information. With advanced encryption technologies, strict adherence to regulatory standards, and a transparent approach, it offers a secure environment for traders.

Whether you’re a new investor or an experienced trader, you can trust Doo Prime to protect your investments, allowing you to trade with peace of mind.

 

Safety and Security

 

Bonus Offers and Promotions

Doo Prime offers an exclusive 25% Deposit Bonus of up to $2,000 to help enhance your trading experience. This bonus is available to both new and existing traders, providing extra capital that can be used for trading. Whether you’re a seasoned trader or just starting, this is an excellent opportunity to increase your funds and take your trading to the next level.

The bonus can be claimed in just a few simple steps and applied to your MT4/MT5 platform, boosting your potential returns.

 

Frequently Asked Questions

 

How can I claim the 25% Deposit Bonus at Doo Prime?

To claim the 25% Deposit Bonus, you need to register with Doo Prime, open an STP Live trading account, and make a minimum deposit of $10. After accepting the terms and conditions, the bonus will be credited to your account, giving you extra capital to trade with.

 

What is the maximum bonus I can receive?

The maximum bonus that you can claim is $2,000. The bonus is calculated as 25% of your deposit amount. For example, if you deposit $10,000, you’ll receive a $2,000 bonus, which is the cap for this promotion.

 

What deposit amounts qualify for the bonus?

The bonus applies to deposits of $100 or more.

 

Is the bonus available to all Doo Prime accounts?

Yes, the 25% Deposit Bonus is available to all new and existing clients who open an STP Live trading account and meet the minimum deposit requirement. Existing clients can also opt to open a new STP account to claim the bonus.

 

Our Insights

Doo Prime’s 25% Deposit Bonus is an excellent opportunity for traders to boost their trading capital, whether you’re new to the platform or an experienced trader. The bonus structure is clear and provides a significant advantage, with a maximum of $2,000 available to enhance your trading potential.

Along with the platform’s other benefits, such as low spreads and fast execution, this bonus is a great incentive to get started or continue trading with Doo Prime.

 

Bonus Offers and Promotions

 

Minimum Deposit and Account Types

Doo Prime offers a range of account types to cater to traders of all levels. The available accounts include the CENT Account, which is ideal for entry-level traders with low minimum deposits, the STP Account for classic traders with no fees and low spreads, and the ECN Account designed for institutions with the best market conditions and competitive costs.

With a flexible leverage range from 1:1 to 1:1000, traders can choose the account that best suits their investment strategy. Additionally, Doo Prime provides access to over 10,000 CFD products, allowing traders to diversify their portfolios effortlessly.

 

Frequently Asked Questions

 

What is the minimum deposit required to start trading with Doo Prime?

The minimum deposit varies by account type. For a CENT account, the minimum deposit is 0 USD, for an STP account, it is 1 USD, and for an ECN account, it is 100 USD.

 

What types of accounts does Doo Prime offer?

Doo Prime offers several account types, including the CENT Account (ideal for beginners), the STP Account (for professional traders with low spreads), and the ECN Account (designed for institutions with competitive transaction costs).

 

How do I choose the right account type?

The choice of account type depends on your trading needs and experience. Beginners often prefer the CENT Account for low-risk trading, while experienced traders might opt for the STP or ECN accounts for better spreads and execution conditions.

 

Are there any fees associated with the different account types?

The CENT and STP accounts do not charge transaction fees, while the ECN account involves transaction fees. The ECN account offers the lowest spreads starting from 0.0 pips.

 

Our Insights

Doo Prime provides flexibility with its range of account types, catering to all types of traders. Whether you’re just starting or you’re an experienced professional, the account options allow you to choose the best setup for your financial goals.

The low minimum deposit requirements and the ability to trade a variety of assets make it a convenient and accessible platform for global investors.

 

Minimum Deposit and Account Types

 

How to Open a Doo Prime Account

Opening an account with Doo Prime is a simple, streamlined process suitable for both new and experienced traders.

 

1. Step 1: Visit the Home Page

Go to Doo Prime’s website and click the red “Register” button.

 

2. Step 2: Complete the Registration Form

Fill out the form with your name, email, and phone number, and create a strong password for your account.

 

3. Step 3: Verify Your Email

After submitting the form, you’ll receive an email with a verification code. Once verified, you’ll be directed to the Client Portal to finalize your registration. Choose your account type (CENT, STP, or ECN), and provide additional details like your date of birth, nationality, and employment status.

 

Once all information is reviewed, click “Submit” and you’ll receive a confirmation that your account is successfully registered.

 

How to Open a Doo Prime Account

 

Trading Platforms and Software

Choosing the right trading platform is an important step for any trader. Doo Prime Review offers platforms designed to cater to all types of trader needs. Their selection isn’t just about variety; it focuses on building a functional and user-friendly trading ecosystem.

 

MetaTrader 4

MetaTrader 4 (MT4) is one of the most popular trading platforms, especially in the forex market. Doo Prime’s integration of MT4 provides an accessible and reliable option for traders who prioritize speed and stability.

Traders can expect fast order execution, and the platform remains stable even in volatile market conditions. This makes MT4 a reliable choice, particularly for those using Doo Prime’s Cent and STP accounts.

While the MT4 interface may seem outdated compared to newer platforms, its simple, user-friendly layout offers convenience for traders who don’t need excessive features or complexity.

Doo Prime’s backend integration ensures a seamless and lag-free MT4 experience, making it a great choice for both new traders and those who prefer a more traditional and familiar platform.

 

MetaTrader 5

Doo Prime offers MetaTrader 5 (MT5) as a key part of its platform options, ideal for traders looking to enhance their trading experience. MT5 provides an advanced interface, additional timeframes, and more powerful analytical tools, offering a richer and more flexible trading environment than MT4.

For traders seeking a wider range of assets beyond forex, such as stocks, futures, and commodities, MT5 is an excellent upgrade.

Overall, MT5 with Doo Prime is well-suited for those exploring advanced trading strategies or requiring in-depth market analysis. Its backward compatibility with MT4 makes the transition easier, and the built-in economic calendar adds convenience, aligning with Doo Prime’s focus on supporting more sophisticated traders.

 

Doo Prime InTrade

Doo Prime InTrade is a proprietary platform designed specifically for its clients. Unlike many brokers that rely on third-party platforms, InTrade’s custom design reflects Doo Prime’s commitment to offering a tailored user experience.

The platform is intuitive, and its in-house development allows for faster updates based on user feedback, offering a significant advantage in the fast-paced trading environment.

With easy navigation and built-in research tools, InTrade provides more than just basic trading capabilities. It aligns with Doo Prime’s strategy of creating a seamless and integrated trading experience. However, as a proprietary platform, InTrade lacks the wider community and extensive support network that platforms like MT4 and MT5 benefit from.

 

FIX API 4.4

For high-frequency trading and algorithmic strategies, Doo Prime’s FIX API 4.4 and Web API are powerful tools designed for institutional clients and professional traders who require precision and speed. The seamless integration of these APIs with Doo Prime’s liquidity providers ensures optimal performance.

While the FIX API might be too complex for most retail traders, it offers low latency, deep liquidity, and the ability to create advanced trading algorithms for professionals. This demonstrates Doo Prime’s commitment to catering to a growing niche of traders who need sophisticated and specialized tools.

 

Frequently Asked Questions

 

What platforms does Doo Prime offer for trading?

Doo Prime offers a variety of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), its proprietary platform Doo Prime InTrade, and advanced tools like the FIX API 4.4 for high-frequency and algorithmic trading. These platforms cater to a wide range of trader needs, from beginners to professionals.

 

What are the advantages of using MetaTrader 4 (MT4) with Doo Prime?

MT4 is known for its speed, stability, and user-friendly interface. With Doo Prime’s integration, traders can enjoy fast order execution, stability even in volatile conditions, and a reliable experience, especially for those using the Cent and STP accounts.

 

How does MetaTrader 5 (MT5) differ from MT4 on Doo Prime?

MT5 offers a more advanced interface, additional timeframes, and enhanced analytical tools compared to MT4. It’s perfect for traders looking to explore more sophisticated strategies, and its compatibility with MT4 makes the transition easier. MT5 is ideal for those trading a broader range of assets like stocks, futures, and commodities.

 

What is Doo Prime InTrade and how is it different from MT4 and MT5?

Doo Prime InTrade is a proprietary trading platform designed specifically for Doo Prime clients. Unlike third-party platforms like MT4 and MT5, InTrade is tailored to provide a more intuitive and customizable experience. It includes built-in research tools and faster updates but lacks the large community and external support that MT4 and MT5 offer.

 

Our Insights

Doo Prime offers a solid range of trading platforms to suit various trader needs. MT4 is ideal for beginners and traders who prioritize reliability and simplicity. MT5 is a great option for those looking to explore more advanced trading strategies and assets.

Meanwhile, Doo Prime InTrade provides a customized and user-friendly solution for those seeking a tailored experience, though it may lack the broader community support of more widely used platforms. For professional traders or those utilizing algorithmic strategies, the FIX API 4.4 offers precision and speed for optimal performance.

 

Trading Platforms and Software

 

Range of Markets

Doo Prime offers an impressive selection of over 10,000 trading instruments across a variety of asset classes, including forex, stocks, indices, futures, commodities, precious metals, and cryptocurrencies. This broad coverage is designed to cater to different trader preferences, from those seeking high leverage to those focused on more stable, low-risk options.

While the offerings in major asset categories like forex, stocks, and commodities are solid, expanding into more global markets and additional commodities could further enhance the platform’s appeal.

With leverage options up to 1:1000 on selected assets, competitive spreads, and a focus on providing flexibility, Doo Prime positions itself as a solid option for traders looking to diversify their portfolios and explore multiple financial instruments.

However, some areas—such as transparency on spreads and execution speeds—could benefit from additional clarity.

 

Frequently Asked Questions

 

How many currency pairs are available for trading at Doo Prime?

Doo Prime provides access to over 60 currency pairs, including major, minor, and exotic pairs, offering a variety of trading opportunities within the forex market.

 

What commodities can I trade with Doo Prime?

Doo Prime offers key commodities such as crude oil, natural gas, and precious metals like gold and silver. These can be traded via ETFs, futures, and CFDs. There’s also room to diversify into agricultural commodities for a broader selection.

 

Can I trade cryptocurrencies with Doo Prime?

Yes, Doo Prime offers cryptocurrency trading with leverage up to 1:10. Popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin can be traded against USD and other currencies, providing flexibility for crypto traders.

 

What types of markets can I trade with Doo Prime?

Doo Prime offers a wide array of markets, including forex, commodities, indices, shares, cryptocurrencies, and futures. This range of instruments allows traders to diversify their portfolios and access different asset classes to suit various trading strategies.

 

Our Insights

Doo Prime’s extensive market coverage is a strong point, catering to a wide range of traders who are looking for diverse instruments across multiple asset classes. The platform’s leverage options and access to over 10,000 instruments make it appealing for both beginners and experienced traders.

 

Range of Markets

 

Fees, Spreads, and Commissions

Doo Prime offers competitive trading conditions with tight spreads and low fees. For the CENT and STP accounts, there are no transaction fees, and spreads start from 1 pip. However, the ECN account provides ultra-low spreads starting from 0.0 pips but comes with transaction fees.

The platform also offers flexible leverage up to 1:1000, ensuring that traders can maximize their potential returns. With fast order execution and transparent pricing, Doo Prime is committed to providing a seamless trading experience.

 

Frequently Asked Questions

 

What are the spreads for each account type at Doo Prime?

Spreads start from 1 pip for the CENT and STP accounts, while the ECN account offers spreads starting from 0.0 pips.

 

Does Doo Prime charge transaction fees?

Transaction fees apply to the ECN account. There are no transaction fees for the CENT and STP accounts, making them ideal for traders seeking low-cost options.

 

What is the leverage available on Doo Prime accounts?

Doo Prime offers flexible leverage options ranging from 1:1 to 1:1000, allowing traders to choose the leverage that fits their trading strategy.

 

Are there any hidden fees when trading with Doo Prime?

Doo Prime is transparent with its pricing, and there are no hidden fees. Transaction fees only apply to the ECN account, while the other accounts have no additional charges.

 

Our Insights

Doo Prime’s fee structure is well-suited for both beginner and experienced traders, providing a balanced mix of cost efficiency and trading flexibility.

 

Fees, Spreads, and Commissions

 

Leverage and Margin

Doo Prime’s approach to leverage and margin reveals a focus on providing flexibility while attempting to balance risk management. Let’s delve deeper into how they structure these components:

 

🔍Aspect✏️Details
📈Leverage RangeUp to 1:1000
for Major Forex
CFDs, 1:20
for Minor
Forex CFDs,
1:200 for
Index Futures
CFDs, 1:50
for Spot
Indices CFDs,
1:250 for
Futures CFDs
📉Initial Margin RequirementDepends on
leverage and
position size
(e.g., 1%
margin for
1:100
leverage)
📊Maintenance MarginVaries by asset;
usually 50%
of the initial
margin for
forex
💹Margin Call LevelActivated if
equity falls
below
maintenance
margin;
additional
funds or
position
closure required
💱Stop-Out LevelPositions
closed
automatically
at around
50% of the
required
margin
⭐Negative Balance ProtectionEnsures traders
don’t lose
more than
deposited
funds
📌Leverage Adjustments During VolatilityLeverage can
be reduced
during
high-volatility
periods
📍Types of Orders and ExecutionSupports Market,
Limit,
Stop,
Stop-Loss,
and
Take-Profit
Orders; executed
at input or
next available
price

 

Doo Prime Execution Info For Traders

The broker provides traders with detailed information on order types and execution, which is crucial when evaluating a platform. Understanding how orders are executed can help traders assess aspects like order handling quality, potential slippage, and associated risks.

 

Types of Orders and Execution:

 

  • Doo Prime supports various order types like Market Orders, Buy Limit/Sell Limit Orders, Buy Stop/Sell Stop Orders, Stop Loss, and Take Profit Orders. This variety is helpful for risk management and automating trading strategies.
  • The range of order types is beneficial, especially for seasoned traders who use various order strategies. However, Doo Prime mentions that orders are executed at the client’s input price or the next available market price (especially in volatile markets), highlighting potential slippage.

 

Execution Venue:

 

  • Doo Prime acts as the principal, executing all client trades internally and sometimes transmitting orders to third-party liquidity providers. This means trades aren’t executed on a recognized exchange, introducing counterparty risk.
  • Doo Prime acting as the principal offers flexibility in liquidity provision but also exposes traders to higher counterparty risk. More information on the quality and reputation of their liquidity providers and how often orders are transmitted versus executed internally could increase trader confidence.

 

Doo Prime Dividend Info

Dividend information is essential for traders dealing with CFDs on stocks or stock indices, as it can affect trading costs and profits, especially around ex-dividend dates. Here’s what we found with Doo Prime:

Doo Prime adjusts dividends on the ex-dividend date for CFDs to prevent unfair profits or losses due to price changes. The dividend amount is credited for long positions, while for short positions, it’s deducted.

The explanation of dividend adjustments is clear and standard. However, more details on the parameters set by Doo Prime’s liquidity providers would be beneficial, as these determine the actual adjustment amount.

Doo Prime charges a 1% handling fee for dividend adjustments in stock indices. While relatively low, this can accumulate for frequent dividend-related trades.

 

Does Doo Prime offer commodities trading?

Yes, Doo Prime offers trading in commodities such as crude oil, natural gas, and metals like gold and silver. These commodities are available as CFDs and ETFs.

 

What leverage does Doo Prime provide for different asset classes?

Doo Prime offers varying leverage across asset classes—up to 1:1000 for forex, 1:200 for indices, and 1:50 for commodities. The leverage options depend on the instrument and market conditions.

 

Does Doo Prime offer negative balance protection?

Yes, Doo Prime offers negative balance protection, ensuring that traders cannot lose more than their account balance.

 

Can I adjust my leverage settings with Doo Prime?

Yes, traders can adjust their leverage settings through the Doo Prime client portal or by contacting customer support.

 

Our Insights

Doo Prime’s approach to leverage and margin provides a balanced framework for both new and experienced traders, ensuring safety and flexibility in trading.

 

Leverage and Margin

 

Deposits and Withdrawals

Doo Prime offers a diverse selection of deposit and withdrawal methods, designed to cater to traders across the globe. Whether you prefer traditional bank wires, credit/debit cards, or modern e-wallets, there are various options available to facilitate both deposits and withdrawals.

The process is generally user-friendly, though traders need to understand the specific terms, such as minimum deposit amounts, currency conversion rates, and any fees that may apply.

Deposits can be made in numerous currencies, and the minimum deposit requirement is a reasonable $100, which makes it accessible for most traders. Withdrawals are processed through similar methods, with different processing times depending on the chosen option.

Doo Prime ensures that all transactions are secured with encryption and comply with anti-money laundering (AML) regulations.

 

Frequently Asked Questions

 

What is the minimum deposit amount at Doo Prime?

The minimum deposit amount for a Standard Account is $100. For other account types, such as ECN or institutional accounts, the minimum deposit may be higher. Be sure to check the requirements for your specific account type.

 

How long does it take to process a withdrawal at Doo Prime?

The withdrawal processing time depends on the method used. E-wallet withdrawals are typically processed within 24 hours, while bank transfers and credit/debit card withdrawals can take between 2 to 7 business days, depending on the payment provider.

 

Does Doo Prime support cryptocurrency deposits and withdrawals?

Yes, Doo Prime allows cryptocurrency deposits and withdrawals. Traders can fund their accounts or withdraw in popular cryptocurrencies such as Bitcoin and Ethereum, offering flexibility for crypto traders.

 

Are deposits and withdrawals secure with Doo Prime?

Yes, Doo Prime employs secure encryption technology and follows stringent security protocols to ensure that all financial transactions are safe and secure. They also comply with AML and KYC regulations to protect traders against fraud and unauthorized activity.

 

Our Insights

Doo Prime offers a solid range of deposit and withdrawal methods, making it easy for traders from various regions to fund their accounts and withdraw profits. The platform supports multiple currencies and payment systems, which is ideal for international traders.

While the deposit and withdrawal processes are generally seamless, it’s important to understand the terms, including the minimum deposit amounts, currency conversion rules, and any associated fees.

 

Deposits and Withdrawals

 

Partnership Options

Doo Prime offers several partnership opportunities for those interested in collaborating with them, including an Introducing Broker (IB) program and a specialized Affiliate Program.

These options are designed to accommodate a wide range of potential partners, such as trading educators, website owners, social media influencers, or affiliate marketers. Each program comes with its own structure and advantages, allowing you to choose the one that aligns best with your objectives and target audience.

 

Introducing Broker

Doo Prime offers a rewarding Introducing Broker (IB) program where partners earn competitive commissions by referring clients. The program provides real-time commissions, tailored rebate levels, and a range of marketing tools, along with dedicated account manager support. IBs also enjoy exclusive perks, such as rewards tied to their partnership with Manchester United.

With advanced technology, global reach, and regulatory compliance, Doo Prime ensures a secure and efficient platform for IBs to grow their businesses. Becoming an IB is simple—just register, submit your application, and start referring clients to earn commissions.

 

Affiliate Program

The Doo Prime CPA Affiliate Program allows you to boost your earning potential with payouts of up to $800 per referral. Perfect for trading coaches, website owners, social media influencers, and affiliate marketers, the program offers uncapped commissions and a competitive payout structure. Affiliates benefit from advanced reporting tools, professional marketing resources, and a dedicated account manager.

Doo Prime also provides access to a trusted global broker, with features like ultra-low spreads, world-class platforms, and multilingual support. With no commission caps and monthly payouts, the program offers lucrative opportunities for those looking to monetize their traffic.

 

Frequently Asked Questions

 

What is the Doo Prime Introducing Broker (IB) Program?

The Doo Prime IB program allows you to earn competitive commissions by referring clients to Doo Prime. It offers real-time commission payments, customized rebate levels, and marketing tools to help you grow your business. Additionally, IBs benefit from dedicated account manager support and exclusive perks tied to Doo Prime’s partnership with Manchester United.

 

How much can I earn as a Doo Prime Affiliate?

As a CPA affiliate, you can earn up to $800 per referral. The program features uncapped commissions, allowing you to maximize your earnings without restrictions. Affiliates also benefit from advanced payment and performance reporting to track their success.

 

What are the benefits of partnering with Doo Prime?

Doo Prime offers a range of benefits for partners, including competitive commissions, access to advanced trading tools, low spreads, and a trusted, fully regulated environment. Additionally, partners can take advantage of professional marketing tools, multilingual support, and monthly payments.

 

How do I join the Doo Prime IB or Affiliate Program?

To become an IB or Affiliate, simply register on the Doo Prime platform, submit your application, and start referring clients to begin earning commissions. Both programs are designed to cater to different partners, with flexible structures to match your business goals.

 

Our Insights

Doo Prime provides excellent partnership opportunities with its IB and Affiliate programs, offering competitive commissions and comprehensive support for partners. Whether you’re a trading educator, social media influencer, or affiliate marketer, Doo Prime’s flexible and rewarding programs are designed to help you grow your business and maximize earnings.

 

Partnership Options

 

Customer Support

Doo Prime’s approach to handling complaints seems structured and organized, requiring clients to report issues within three business days. This emphasizes the importance of timely reporting from traders.

Once a complaint is submitted, Doo Prime commits to investigating the matter, taking necessary actions, and keeping the client updated.

Notably, they reserve the right to close any disputed transactions without prior notice if they believe it is necessary to mitigate financial exposure.

 

Self-Help Resources

Doo Prime’s Help Center provides an extensive array of resources, from account-related queries to detailed guides on using trading tools and platforms.

This centralized hub is practical for traders seeking self-help options, but the content organization could benefit from more intuitive navigation or categorization, especially for new users unfamiliar with industry jargon.

 

Frequently Asked Questions

 

Can I get technical assistance for trading platforms from Doo Prime support?

Yes, Doo Prime customer support provides technical assistance for all its trading platforms, including MetaTrader 4, MetaTrader 5, and InTrade. Support agents can guide platform installation, configuration, and troubleshooting.

 

What are the operating hours for Doo Prime’s phone support?

Doo Prime’s phone support operates 24/7 for most regions, providing coverage during active trading hours. Different phone numbers are available for various regional offices.

 

Is live chat support available 24/7 at Doo Prime?

Yes, Doo Prime provides 24/7 live chat support. This ensures that clients can get immediate assistance regardless of their time zone or trading hours.

 

What customer support options does Doo Prime offer?

Doo Prime offers several customer support options, including live chat, email, and phone support.

 

Our Insights

Doo Prime’s commitment to comprehensive customer support reflects its dedication to providing a seamless and supportive trading environment for all clients.

 

Customer Support

 

Pros and Cons

 

✅Pros❌Cons
Traders have access to over 10,000 instrumentsVPS requires a 5,000 USD minimum deposit
Doo Prime supports social and copy trading through platforms like FOLLOWME, Outrade, and Doo Prime CopyTradingDoo Prime acts as the principal for trades, and this results in an inherent counterparty risk
Doo Prime has flexible deposit and withdrawal methods that can be used, and traders can choose from a long list of currenciesThe execution policy mentions potential slippage
Doo Prime operates under multiple regulatory bodiesAdditional trading and non-trading fees include dividend handling, CopyTrading fees, etc.
No Deposit, withdrawal, or Inactivity FeesThe base currency options are limited to USD and USC

 

In Conclusion

Doo Prime has a compelling offering for traders at various stages in their journey. The extensive range of over 10,000 trading instruments, encompassing forex, stocks, indices, commodities, and beyond, immediately stands out.

Faq

Yes, Doo Prime is regulated by Seychelles Financial Services Authority (FSA), Mauritius Financial Services Commission (FSC), and Vanuatu Financial Services Corporation. This multi-regulation system provides traders with different levels of control and security.

Yes, Doo Prime is a genuine broker founded in 2014 with a strong reputation and great user evaluations.

Doo Prime facilitates a social trading experience through the Outrade Trading Community. It allows traders to engage and exchange their trading strategies.

Yes, Doo Prime offers demo accounts that allow traders to experiment without risk of losing actual funds.

To register an account, go to the Doo Prime website, complete the online form, verify your details, and choose your account type and platform.

You can learn more about the risks by reviewing Doo Prime’s Client Agreement and Risk Disclosure.

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