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Doo Prime Review: Is Doo Prime any good?

Doo Prime Broker Overview

Doo Prime is a forex broker established in 2014 and is regulated by the Doo Group. Doo Prime Vanuatu Limited is a limited company with its registered office at Govant Building, Po Box 1276, Port Vila, Vanuatu. It began offering forex trading services in 2015 under the name Doo Forex before changing its name to Doo Prime in 2018. It has offices around the world, including in Hong Kong, Sydney, Singapore, and many other major cities around the world.

Licenses that Doo Prime has obtained

If you ask whether the Doo Prime broker is good or not, you must first consider the license factor, which has the following licenses:

• Doo Prime Seychelles Limited is a securities dealer licensed and regulated by the Seychelles Financial Services Authority (FSA) Reference Number: SD090.

• Doo Prime Mauritius Limited is an investment platform licensed and regulated by the Mauritius Financial Services Commission (FSC) Reference No.: 172054.

• Doo Prime Vanuatu Limited is an investment platform licensed and regulated by the Vanuatu Financial Services Commission (VFSC) Reference Number: 700238.

Doo Prime Products and Services

Trading products

Trade Spot and Forex CFDs

• A wide range of spot and Forex CFD trading services provide traders with efficient and flexible access to the Forex market.

Securities and Securities CFDs

• Traders can trade stocks and CFDs on stocks from leading companies around the world, allowing investors to diversify their portfolios and take advantage of security price movements.

Futures and Futures CFDs

• Futures and futures CFD trading services covering a wide range of assets. Futures trading allows investors to predict and speculate on future price movements of assets.

Precious metals and CFDs

• Traders can trade precious metals such as gold and silver through contracts for difference (CFDs). Trading precious metals gives investors access to a stable and secure market.

Stock Indices and CFDs

• Traders can trade stock indices and stock index CFDs from major markets around the world, allowing traders to efficiently speculate on global stock market movements.

Commodities and CFDs

• Commodity trading and commodity CFD services allow investors to diversify their investment portfolios and speculate on commodity price volatility.

Doo Prime Trading Platform

MetaTrader 4 (MT4)

• MetaTrader 4 is a widely popular trading platform that offers a wide range of technical analysis tools, support for automated trading via Expert Advisors (EAs), and efficient order management. MT4 is suitable for traders of all levels, from beginners to professionals.

MetaTrader 5 (MT5)

• MetaTrader 5 is an enhanced trading platform based on MT4. It offers deeper analytical features, supports multi-asset trading, and provides faster execution. MT5 has advanced analytical tools and automated trading, making it ideal for traders who need a wide range of functionality.

Doo Prime InTrade

• Doo Prime InTrade is a trading platform designed for convenience and flexibility in trading. It has a user-friendly interface and a full range of analytical tools, allowing traders to execute trades efficiently.

TradingView

• TradingView is a trading platform with clear charts and advanced technical analysis tools, perfect for traders who want to analyze the market in detail and make trades quickly. TradingView also provides a wide range of analytical features and indicators, helping traders make more accurate decisions.

FIX API 4.4

• FIX API 4.4 is a connectivity protocol for traders who require fast and efficient execution. FIX API allows traders to connect directly to financial markets, reducing latency and speeding up order execution.

Doo Prime Account Types

Doo Prime broker offers 3 account types to choose from: Standard, Cent, and ECN, with the following details:

Standard Account

• Spread starts at 1.1 pips

• Commission: None

• Leverage: Medium

• Swap: None

• Minimum deposit: $0

Cent Account

• Spread starts from 1.8 pips

• Commission: None

• Leverage: High

• Swap: None

• Minimum deposit: $0

ECN Account

• Spread starts from 0.0 pips

• Commission: None

• Leverage: High

• Swap: None

• Minimum deposit: $250

Deposit-Withdrawal Review

Deposit:

• Supports multiple channels such as bank transfers, credit/debit cards, and e-wallets.

• The process is simple and quick and can be done through an online platform.

Withdrawal:

• You can withdraw via supported channels, just like making a deposit.

• The process may take several business days depending on the method chosen.

Pros and cons of Doo Prime 

strength

• There is a Thai support team available.

• The web page supports the Thai language.

• Minimum deposit only $1

weakness

• Customer service is slow in answering questions or solving problems.

• Cryptocurrency trading is not supported

• No deposit bonus

Office location and contact channels

Office location

• Fifth Floor, Zephyr House, 122 Mary Street, George Town, P.O. Box 31493, Grand Cayman KY1-1206, Cayman Islands

Contact channels:

• Telephone number: +66 020260620

• Email: [email protected]

• website: https://www.dooprime.com/th/

Doo Prime Broker Overview: Is It Reliable?

Doo Prime broker is regulated by a fairly reliable authority and supports a wide range of trading platforms, but however, there are also many limitations to consider with brokers. Additionally, some users have given negative reviews about unresponsive customer service and slow order execution, which can make trading unstable. Investors should study the information carefully and consider the disadvantages before deciding to invest.

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