Doo Prime Review

Doo Prime

Doo Prime

  • Leverage: 1:30 | 1:1000

  • Regulation: FSC, SEC, FINRA, FCA, ASIC, FSA

  • Min. Deposit: $100

  • HQ: Cayman Islands

  • Platforms: MT4, MT5, Doo Prime InTrade, TradingView, FIX API 4.4

  • Found in: 2014

Doo Prime Licenses:

  • Doo Prime Vanuatu Limited - authorized by FSC (Vanuatu) license no 700238
  • Elish & Elish Inc - authorized by SEC & FINRA (USA) license no SEC: 8-41551, CRD: 24409
  • Doo Clearing Limited - authorized by FCA (UK) license no 833414
  • Doo Financial Australia Limited - authorized by ASIC (Australia) ACN no 100 139 820
  • Doo Prime Seychelles Limited - authorized by FSA (Seychelles) license no SD090
  • Doo Prime Mauritius Limited - authorized by FSC (Mauritius) license no C119023907
  • Doo Financial Labuan Limited - authorized by MY Labuan FSA (Malaysia) license no SL/23/0022, MB/23/0108


Top 3 Forex Brokers

  1. What is Doo Prime?
  2. Doo Prime Pros and Cons
  3. Is Doo Prime Safe or a Scam?
  4. Leverage
  5. Accounts
  6. Instruments
  7. Fees
  8. Spreads
  9. Deposits and Withdrawals
  10. Trading Platform
  11. Customer Support
  12. Education
  13. Conclusion

Our Review Method

  • 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading offerings, regulations and licenses, fees, spreads, platforms, customer service, and placed traders to see trading conditions and give expert opinions about Doo Prime.

What is Doo Prime?

Doo Prime, an online Forex and CFD trading company headquartered in the Cayman Islands, is a part of the Doo Group company.

Operating under the name Doo Prime Vanuatu Limited, it is regulated and authorized by the Vanuatu Financial Services Commission (FSC), with additional licenses in Seychelles, Mauritius, and Malaysia. The broker provides access to a wide range of trading products including Securities, Futures, Forex, Precious Metals, Commodities, and Stock Indices. 

Based on our research, the Doo Group includes other entities like Elish & Elish Inc in the USA, Doo Clearing Limited in the UK, and Doo Financial Australia Limited in Australia.

Overall, the broker offers competitive trading conditions and a variety of trading instruments through the popular MetaTrader trading platforms, however, the main entities operate under offshore regulations. Therefore, we recommend conducting thorough research before choosing Doo Prime as your trading broker.

Doo Prime Pros and Cons

Per our findings, the broker presents both pros and cons that are important to consider. On the positive side, the broker offers competitive trading solutions and fees along with a diverse array of trading instruments, and access to the widely recognized MT4 and MT5 trading platforms. Additionally, the firm provides 24/7 customer support, which is also an advantage, particularly for those new to trading.

For the cons, the research and educational resources are limited, so novice traders might better look for more suitable offerings. Also, the availability of offshore licenses could be a concern for traders who prioritize brokers with higher regulatory credentials.

Multiregulated brokerage firmNot comprehensive education and research
Trading instrumentsOffshore licenses
MT4 and MT5
Good trading conditions
Competitive fees and spreads
24/7 customer support

Doo Prime Review Official Website

Doo Prime Review Summary in 10 Points
🏢 HeadquartersCayman Islands
🗺️ RegulationFSC, SEC, FINRA, FCA, ASIC, FSA
🖥 PlatformsMT4, MT5, Doo Prime InTrade, TradingView, FIX API 4.4
📉 InstrumentsForex, CFDs, Securities, Futures, Precious Metals, Commodities, Stock Indices
💰 EUR/USD Spread0.1 pips
🎮 Demo AccountAvailable
💳 Minimum deposit$100
💰 Base currenciesUSD, EUR, GBP
📚 EducationProvided
☎ Customer Support24/7

Overall Doo Prime Ranking

According to our analysis, Doo Prime offers good trading solutions with competitive fees, which is an advantage for all levels of Forex traders. Additionally, the broker’s extensive selection of financial products presents an appealing proposition to traders.

  • Doo Prime Overall Ranking is 7 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry-leading brokers.
RankingDoo PrimeAMP GlobalZFX
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
AdvanatgesTrading ConditionsTrading InstrumentsRegulation

Doo Prime Alternative Brokers

Based on a thorough evaluation of several factors such as trading conditions, regulatory compliance, spreads, financial instruments, and user feedback, we have compiled a list of alternative brokers that could be considered as alternatives to Doo Prime.

  • AMP Global – Range of Trading Instruments
  • ZFX – Competitive Pricing
  • FBK Markets – Competitive Trading Conditions


We found that Doo Prime has received recognition and awards for its services over the years. Below is the screenshot that includes some of these awards.

Doo Prime Review Awards

Is Doo Prime Safe or Scam?

No, Doo Prime is not a scam. The broker holds multiple licenses from regulatory bodies such as FSC in Vanuatu and FSA in Seychelles. Additionally, other entities within the Doo Group carry Top-Tier licenses, including FCA in the UK, SEC and FINRA in the USA, and ASIC in Australia. However, before engaging in trading activities, you should consider the variations that can arise when trading in different jurisdictions, even if you are using the same broker.

Is Doo Prime Legit?

Yes, Doo Prime is a legit and regulated brokerage firm that follows the necessary regulations for offering Forex trading services. 

However, the broker is also regulated and authorized in offshore zones. Therefore, you should conduct your research, including reading user reviews and considering other factors, to assess the broker’s reputation and legitimacy.

See our conclusion on Doo Prime Reliability:

  • Our Ranked Doo Prime Trust Score is 7 out of 10 for its reputation and services provided. However, we recommended conducting your research, reviewing customer feedback, and considering personal factors before deciding to engage with the broker.
Doo Prime Strong PointsDoo Prime Weak Points
Funds protectionTrading via offshore zone
Professional trading
Account balance protection

Protection of Trading Activity

Doo Prime demonstrates adherence to industry standards and compliance requirements. These include measures to protect client funds, such as segregation from company funds to keep client funds separate from the broker’s operational funds.

However, thoroughly review the broker’s documentation, legal agreements, and policies to gain a comprehensive understanding of the specific trading protections they offer. This will help you make an informed decision before engaging in any trading activities.

Doo Prime Review License

Doo Prime Leverage

Leverage is a useful tool that enables traders to enter the market with limited capital. However, its use can lead to substantial profits or losses as well. As such, you should have a comprehensive understanding of how leverage works and its possible consequences before engaging in any trading activities that involve leverage.

Doo Prime leverage is offered according to FSC, SEC, FINRA, FCA, ASIC, and FSA regulations:

  • International traders may use higher leverage of up to 1:1000, so understanding the implications and risks associated with leverage is crucial before making decisions about its use in trading.
  • US traders may use a maximum of up to 1:50 for major currency pairs.
  • UK traders are eligible to use low leverage up to 1:30 for major currency pairs.
  • The traders that hold ASIC-regulated accounts are entitled to up to 1:30.

Doo Prime Review Leverage

Account Types

Per our research, the broker offers Cent, STP, and ECN accounts that might suit the needs of different traders. The initial deposit required for the STP account is $100.

Fast and easy account openingNone
Low minimum deposit
Variety of account types

Opening Doo Prime Trading Account

Opening an account with a broker is quite an easy process, as you can log in and register with Doo Prime within minutes. Just follow the opening account or sign-in page and proceed with the guided steps:

  • Select and Click on the “Register” page
  • Enter the required personal data (Name, email, phone number, etc.)
  • Verify your personal data by uploading documentation (residential proof, ID, etc.)
  • Complete the electronic quiz confirming your trading experience
  • Once your account is activated and proven, follow with the money deposit.

Doo Prime Review Account Types

Trading Instruments

Doo Prime provides access to a wide range of trading products, such as Forex, CFDs, Securities, Futures, Precious Metals, Commodities, and Stock Indices. We found that the broker enables traders to diversify their portfolios and participate in various markets according to their needs.

However, the availability of specific trading instruments may vary based on the entity or jurisdiction you are trading with.

  • Doo Prime Markets Range Score is 8.5 out of 10 for a wide range of trading product selections.

Doo Prime Review Trading Instruments

Doo Prime Fees

After examining the broker’s fee offering, we found that the broker provides competitive pricing for its trading services. However, the firm charges for both deposits and withdrawals. Also, additional fees may be incurred during trading activities.

Therefore, carefully review the broker’s fee structure and terms and conditions to gain a comprehensive understanding of the associated charges and their potential impact on trading operations.

  • Doo Prime Fees are ranked low or average with an overall rating of 7.8 out of 10 based on our testing and compared to over 500 other brokers.

FeesDoo Prime FeesAMP Global FeesZFX Fees
Deposit feeYesYesNo
Withdrawal feeYesYesNo
Inactivity feeYesNoNo
Fee rankingLow/AverageLow/AverageAverage


Based on our test trade, the broker provides competitive tight spreads, with an average spread of 0.1 pips for the EUR/USD currency pair in the Forex market. However, spreads can vary based on market conditions, volatility, and liquidity, so consult the broker’s website or contact customer support for detailed information on the spreads they offer for specific instruments and account types.

  • Doo Prime Spreads are ranked low with an overall rating of 8.5 out of 10 based on our testing comparison to other brokers. We found Forex spread lower than the industry average of 1.2 pips and the spreads for other instruments are competitive too.
Asset/ PairDoo Prime SpreadAMP Global SpreadZFX Spread
EUR USD Spread0.1 pips0.5 pips1.3 pips
Crude Oil WTI Spread322
Gold Spread111

Doo Prime Review Spreads

Deposits and Withdrawals

According to our research, the broker offers a variety of payment options for traders to instant deposit funds into their trading accounts including bank and wire transfers, credit/debit cards, and e-wallets such as Skrill, Neteller, Epay, etc.

However, certain funding methods may have specific requirements based on the client’s bank or other financial institutions involved.

  • Doo Prime Funding Methods we ranked good with an overall rating of 8.5 out of 10. Fees are low, and also you can benefit from various account-based currencies.

Here are some good and negative points for Doo Prime funding methods:

Variety of funding methodsNone
Fast digital deposits

Doo Prime Minimum Deposit

To open a live trading account with the broker, clients need to deposit $100 as an initial deposit amount for STP Accounts. For the Cent Account, the minimum deposit amount is USC 100, and for the ECN Account, it is $5,000.

Doo Prime minimum deposit vs other brokers

Doo Prime Most Other Brokers
Minimum Deposit $100 $500

Doo Prime Withdrawals

Based on our analysis, the withdrawal process is both seamless and swift. The broker states that the recommended minimum withdrawal amount is $50.

Withdraw Money from Doo Prime Step by Step:

To initiate a withdrawal fund from your trading account, the brokerage firm provides a set of typical steps that can be followed:

  1. Login to your account
  2. Select Withdraw Funds’ in the menu tab
  3. Enter the withdrawn amount
  4. Choose the withdrawal method
  5. Complete the electronic request with the requirements
  6. Confirm withdrawal information and Submit
  7. Check the current status of withdrawal through your Dashboard

Doo Prime Review Funding Methods

Trading Platforms

Traders have access to the popular MetaTrader 4 and MetaTrader 5, as well as TradingView, and FIX API 4.4 while trading at Doo Prime. These platforms are widely recognized for their robust features, user-friendly interface, advanced charting tools, and comprehensive trading capabilities.

  • Doo Prime Platform is ranked good with an overall rating of 8.9 out of 10 compared to over 500 other brokers. We mark it as good since it offers advanced MT4 and MT5 trading platforms.
PlatformsDoo Prime PlatformsAMP Global PlatformsZFX Platforms
Own PlatformsNoNoNo
Mobile AppsYesYesYes

Trading Tools

We found that the broker provides traders with a suite of trading tools to enhance their market analysis and decision-making. From advanced charting tools to risk management features, the platform equips users with the necessary resources for informed trading. The inclusion of TradingView adds an extra dimension, offering a community-driven approach and collaborative tools for comprehensive market analysis.

Doo Prime Review Trading Platform

Customer Support

The broker offers 24/7 customer support via phone, live chat, email, and social media channels. Also, the support team includes trading specialists who are available to assist with technical support, provide analysis recommendations, address general inquiries, and help resolve operational issues.

  • Customer Support in Doo Prime is ranked good with an overall rating of 8.5 out of 10 based on our testing. The support team is responsive during working days and weekends, ensuring efficient assistance.

See our find and ranking on Customer Service Quality:

Phone support, email, live chatNone
Quick responses
24/7 customer support

Doo Prime Education

Finally, the broker falls short in providing educational and research materials, seminars, or webinars to its clients. This limited access to educational resources could be viewed as a disadvantage for traders who value extensive learning materials to improve their skills and knowledge in the financial markets.

  • Doo Prime Education ranked with an overall rating of 6 out of 10 based on our research. For traders seeking comprehensive learning resources, considering other brokers with a more extensive range of educational offerings would be a sensible decision.

Doo Prime Review Education

Doo Prime Review Conclusion

In conclusion, Doo Prime is a good Forex trading company that offers a diverse range of trading instruments, competitive fees, and access to advanced platforms like MT4, MT5, and TradingView. Another plus is the low minimum deposit requirement and 24/7 customer support.

However, the broker has limited educational resources and research materials, which may not be ideal for beginner traders.

Overall, we found that the broker provides a good trading environment. However, we advise conducting your research and evaluating whether the broker’s offerings suit your specific trading requirements, also considering the regulatory environment and potential variations across jurisdictions.

Based on Our findings and Financial Expert Opinions Doo Prime is Good for:

  • International traders
  • Traders who prefer MT4 and MT5 trading platforms
  • CFD and currency trading
  • Traders from the US, UK, and Australia
  • Beginners
  • Professional traders
  • STP execution
  • Competitive pricing
  • EA/Auto trading
  • 24/7 customer support
  • Good trading tools

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2 responses to “Doo Prime”

  1. Can customers residing in Poland open an account under a license other than CySec?
    I would like a higher leverage than 1:30, the best for me would be 1:200.
    Is it possible to open such an account with Doo?

  2. “Doo Prime: Your Trusted and Reputable Forex Broker with Over 10 Stringent Regulations and Licenses

    When it comes to choosing a forex broker, trust and reputation are paramount. Doo Prime stands out as a market leader in this regard, boasting an impressive array of more than 10 strict regulations and licenses that vouch for their credibility and commitment to ethical trading practices.

    Here’s a glimpse of some of the prominent licenses Doo Prime holds:

    1. *AU ASIC License No: 222650*
    2. *UK FCA License No: 833414*
    3. *US FINRA License No: CRD 24409*
    4. *US SEC License No: SEC 8-41551*
    5. *US FINRA SC FSA License No: SD090*
    6. *MY Labuan FSA Company No: LL17644*
    7. *MU FSC License No: C119023907*
    8. *VU FSC License No: 700238*
    9. *HK SFC Central Entity No.: BSM562*
    10. *HK Insurance Broker License No.: FB1823*
    11. *HK Trust Company Company No.: 2601567*
    12. *HK EAA License No.: C-094694*

    Each of these licenses and regulations is meticulously verified and attests to Doo Prime’s commitment to upholding the highest standards in the forex trading industry.

    It’s imperative for traders and investors to approach their evaluations of brokers with due diligence. If you come across any negative reviews of Doo Prime, we urge you to cross-check and verify the authenticity of these claims. Doo Prime’s extensive list of licenses and stringent regulations serve as a testament to their dedication to providing a secure and reliable trading environment.

    When it comes to your financial investments, trust in a broker is non-negotiable, and Doo Prime’s track record and impressive list of licenses make them a reliable choice for traders seeking a reputable and trustworthy forex broker.”

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