Doo Prime Review
Doo Prime is an online trading platform and a multi-asset brokerage company that focuses on providing financial trading services to its clients spread across the world. Doo Prime has offices in London, Taipei, Kuala Lumpur, Bahamas and is one of the wholly-owned subsidiaries of the reputable Doo Holding Group Limited.
Doo Prime Review, Pros & Cons
- User-friendly & flexible trading platforms
- A selection of educational materials
- A range of trading tools
- Over 200 financial instruments
- Located offshore
- Limited deposit & withdrawal methods
- Not the lowest spreads
- No USA clients
In this detailed Doo Prime review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Doo Prime Overview
Based in Vanuatu, Doo Prime is an established online trading broker with international offices around the globe. They provide traders with the sophisticated MT4 and MT5 trading platforms for online trading of multiple financial assets, including forex, metals, futures, CFDs, and more. There are different account options to suit the trading needs of clients. Traders also benefit from a range of trading and learning tools. The broker has been honoured with numerous industry awards, such as the Best Service provider 2017 and Best MT5 Provider 2017.
Doo Prime Regulation
Doo Prime Vanuatu Limited is a licensed financial dealer, authorized and regulated by the Vanuatu Financial Services Commission(VFSC), and the regulatory number is 700238.
Doo Prime Countries
The broker does not offer its services to residents of countries or jurisdictions where the use of such services would be contrary to local laws or regulations.
Some Doo Prime features and products mentioned within this Doo Prime review may not be available to traders from certain countries because of legal restrictions.
Doo Prime Platforms
The broker provides traders with the highly advanced MT4 and MT5 trading platforms. The MetaTrader 4 platform is widely used by forex and CFD traders due to its simple and intuitive interface, a wide range of management tools, and graphic applications. It also allows traders to automate their trades using expert advisors.
The MT5 trading platform has all of the features of the MT4 but with more functionalities, such as a multilingual user interface, support for 21 timeframes, and advanced technical and fundamental analysis tools. Both the MT4 and MT5 trading platforms are available as desktop applications for Windows and Mac computers, WebTraders, and mobile apps for Android and iOS devices.
Doo Prime Trading Tools
The broker provides traders with a range of useful trading tools, such as the Market Watch, Fix API, VPS, Trading Signals, and more.
Doo Prime Education
The broker’s website is packed with a selection of educational materials that are designed to improve traders’ knowledge. They include news, press releases, blogs, and more.
Doo Prime Instruments
Available trading instruments at Doo Prime include forex, metals, futures, CFDs, and more.
Doo Prime Accounts & Fees
The broker offers two account types to suit the varying trading needs of clients, and they include Quantum Account (ECN) and Classic Account (STP). There is also the demo account for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this Doo Prime review. It is imperative to ensure that you check and understand all of the latest information before you open a Doo Prime account for online trading.
Doo Prime Support
The broker’s client support team can be contacted through email, telephone, Live Chat, and call back request form.
Doo Prime Deposit & Withdrawal
Deposits and withdrawals are processed using bank transfers.
Doo Prime Account Opening
Account opening is easy, just simply click the ‘Register Real Account’ tab and fill in the registration form properly, providing your details.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Doo Prime Summary
Doo Prime is an online financial services provider that offers over 200 trading instruments through the MT4 and MT5 trading platforms. There is a range of useful trading and learning tools, as well as a client support team to assist traders.
Trading leveraged products can involve a high level of risk to your capital. Forex and CFDs, which are traded on margin, can both bring you benefits and losses. You should not risk more than you can afford to lose. Before you start trading you should ensure that you understand the level of risks involved. Seek independent advice if necessary.