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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Doo Prime

Singapore|5-10 years| Benchmark A|
Regulated in Seychelles|Retail Forex License|MT4/5 full license|Global Business|High potential risk|Offshore Regulatory|

https://www.doo.com/en

Website

Rating Index

Benchmark

Benchmark

A

Average transaction speed (ms)

615.5

MT4/5

Full License

DooPrime-Demo

United States
MT4
92

Influence

A

Influence index NO.1

Thailand 7.93
The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

Speed:C

Slippage:AA

Cost:AA

Disconnected:A

Rollover:C

MT4/5 Identification

MT4/5 Identification

Full License

92
Server Name
DooPrime-Demo MT4
Server Location United States

Influence

Influence

A

Influence index NO.1

Thailand 7.93

Surpassed 22.88% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+852 2632 9557
vn.sales@dooprime.com
https://www.doo.com/en
1 Temasek Avenue, #24 – 01A, Millenia Tower, Singapore 039192

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+852 2632 9557

English

+65 6011 1736

Broker Information

More

Check whenever you want

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WikiFX Risk Alerts 3
Previous Detection : 2024-03-28
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The Vanuatu VFSC regulation with license number: 700238 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Doo Prime · Benchmark
Average transaction speed(ms)
615.5
The highest transaction speed(ms)
131 Good
The highest speed of opening positions(ms)
131 Good
The highest speed of closing position(ms)
222
The lowest speed of opening positions(ms)
1989 Poor
The lowest speed of closing position(ms)
1995 Poor
Ranking: 74 / 133
Test user 2,479
Orders 158,795
Ocuppied margin $10,988,047 USD
Data Source WikiFX Data provide
Updated: 2024-03-27 01:03:SS

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Expose

    Total Margin Trend

    • VPS Region
    • User
    • Products
    • Closing time
    • Dubai
    • 851***
    • AUDJPY.c
    • 03-28 12:25:10
    • Singapore
    • 255***
    • GBPJPY.c
    • 03-28 12:25:02
    • Bangkok
    • 293***
    • AUDJPY.c
    • 03-28 09:35:10

    Stop Out

    0.76%

    Stop Out Symbol Distribution

    6 months

    Sources

    Doo Prime · Company Summary

    Let's start here:

    Doo Prime is a regulated broker offering 10,000+ popular trading products with spreads starting at 0.1 pips. The platform provides access to MT4, MT5, Doo Prime InTrade, TradingView, and copy trading. While it appears promising, let's dive deeper to assess if it truly meets its claims of providing an exceptional trading environment.

    Quick Doo Prime Review in 10 Key Points
    Registered in UK
    Regulated by FSA, ASIC, VFSC
    Year(s) of establishment 2014
    Trading instruments Currency pairs, indices, commodities, metals, energy, stocks, futures, securities
    Minimum Initial Deposit $100
    Maximum Leverage 1:1000
    Minimum spread From 0.1 pips
    Trading platform MT4, MT5, Doo Prime InTrade, tradingview
    Deposit and withdrawal method VISA, Mastercard, skrill, neteller, epay, etcetera
    Customer Service Email/ phone number /live chat /24/7

    General Information

    Doo Prime is a wholly-owned subsidiary of Doo Prime Holding Group, founded in 2014, headquartered in London, UK, with operations offices in Hong Kong, Taipei, Dallas, Kuala Lumpur, and Singapore.

    Doo Prime offers a diverse selection of tradable assets, including forex, contracts for difference (CFDs), indices, and cryptocurrencies. Doo Prime caters to a diverse range of traders by offering different account types to suit individual preferences. The Cent account is designed for beginners and those who prefer to start with smaller trade sizes, while the STP (Straight-Through Processing) and ECN (Electronic Communication Network) accounts are more suitable for experienced traders seeking direct market access and tighter spreads. Traders can commence their trading journey with a minimum deposit of $100, providing accessibility to a wide range of investors.

    In terms of leverage, Doo Prime offers flexibility with leverage options of up to 1:1000, supporting multiple trading platforms to cater to various trading styles and preferences. The widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms provide an extensive range of analytical tools, indicators, and expert advisors for comprehensive market analysis and automated trading. The Doo Prime Intrade platform, tailored specifically for Doo Prime clients, offers advanced charting features and execution capabilities. Furthermore, the integration of TradingView, a popular charting and social trading platform, provides traders with additional flexibility and convenience.

    Lastly, acknowledging the significance of customer support, Doo Prime provides 24/7 assistance through various channels, including email, live chat, and telephone.

    In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

    We will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

    basic-info

    Is Doo Prime legit?

    Yes, Doo Prime is legally operating in different jurisditions, as it is subject to regulatory oversight from multiple regulatory authorities, ASIC (Australian Securities and Investments Commission) in Australia, VFSC (Vanuatu Financial Services Commission) in Vanuatu, and FSA (Financial Services Authority) in Seychelles.

    Regulated Country Regulated Authority Regulated Entity License Type License Number
    ASIC DOO FINANCIAL AUSTRALIA LIMITED Investment Advisory License 222650
    FSA Doo Prime Vanuatu Limited Retail Forex License 700238
    VFSC Doo Prime Vanuatu Limited Retail Forex License 700238

    DOO FINANCIAL AUSTRALIA LIMITED, its Australian entity, is authorized and regulated by the Australia Securities & Investment Commission (ASIC) under regulatory license number 222650, holidng a license for Investment Advisory Lincense.

    regulation

    Doo Prime Seychelles Limited, its entity in Seychelles, is authorized and regulated by The Seychelles Financial Services Authority (FSA) under regulatory license number SD090, holding a license for Retail Forex operation.

    regulation

    Doo Prime Vanuatu Limited, its entity in Vanuatu, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC) under regulatory license number 70038, holding a license for retail forex operation as well.

    regulation

    Pros and Cons

    Doo Prime offers over 10,000 popular tradable assets, and multiple trading platforms, providing flexibility and choice for traders. Furthermore, the availability of social trading features is proovided. However, traders should be mindful of the commission charged per trade and the potential limitations in terms of educational resources and account customization. Additionally, Doo Prime's promotional offerings may be limited. Overall, traders should carefully consider these pros and cons when evaluating Doo Prime as a potential brokerage option.

    Pros Cons
    Regulated by ASIC, FSA, and VSFC Limited availability of information on additional fees or charges.
    Multiple trading platforms, including MT4, MT5, Doo Prime Intrade, and TradingView. Limited educational resources and tools compared to some other brokers.
    Diverse range of tradable assets, including forex, CFDs, indices, and cryptocurrencies. Limited customization options for account types.
    Social trading features for collaboration and knowledge-sharing. Limited availability of promotions or bonuses.
    Multiple payment methods

    Market instruments

    Trading Assets Available
    Securities
    label
    Futures
    label
    Forex
    label
    Precious Metals
    label
    Commodities
    label
    Stock Indices
    label

    Doo Prime offers a comprehensive range of market instruments to cater to the diverse trading needs of its clients. These instruments encompass a variety of asset classes, including securities, futures, forex, precious metals, commodities, and stock indices.

    products

    Doo Prime Minimum Deposit

    To open a most basic account, that is Cent Account, $100 is required, same as its standard account requirement. However, $100 to open a cent account is a little bit sticky, compared to HTFX's $5 to open a cent account. Well, $100 to open a standard account is acceptable.

    Here is a table to show Doo Prime's minimum deposit with other brokers:

    Broker Minimum Deposit
    label
    $200
    label
    $100
    label
    $1 USD
    label
    $100

    Spreads and Commission

    Doo Prime offers spreads starting from 1 pip with a commission of USD 10 per trade. Spreads represent the difference between the bid and ask price of a financial instrument, indicating the cost that traders incur when entering a trade. With spreads starting from 1 pip, Doo Prime provides a competitive pricing structure that may appeal to traders seeking cost-effective trading opportunities.

    In addition to spreads, Doo Prime applies a commission of USD 10 per trade. The commission is a fixed fee charged on each trade executed by the trader. This transparent commission structure ensures clarity regarding the cost of trading, allowing traders to accurately assess the expenses associated with their transactions.

    spread-commission

    Non-Trading Fees

    In addition to trading fees, it's important to consider the non-trading fees associated with Doo Prime. These fees, separate from the costs directly related to executing trades, can impact a trader's overall profitability. Doo Prime imposes various non-trading fees, including but not limited to:

    1. Deposit and withdrawal fees: Doo Prime may charge fees for depositing funds into the trading account or withdrawing funds from it. These fees can vary depending on the chosen payment method and the amount of the transaction.

    2. Inactivity fees: If a trader's account remains inactive for a specified period, Doo Prime may impose inactivity fees. These fees are designed to incentivize active trading and cover the costs of maintaining dormant accounts.

    3. Conversion fees: If a trader conducts transactions in a currency different from the account's base currency, Doo Prime may charge conversion fees. These fees apply when converting funds from one currency to another, and the rates may vary depending on the prevailing exchange rates and any associated commissions.

    4. Overnight financing fees: For positions held overnight, Doo Prime may charge financing fees, also known as swap or rollover fees. These fees are incurred for maintaining open positions beyond the trading day and are based on the prevailing interest rates of the currencies involved.

    non-trading-fee

    5. Account closure fees: In the event a trader decides to close their Doo Prime account, the broker may impose account closure fees. These fees cover administrative costs associated with finalizing the account closure process.

    Account Types

    Doo Prime offers a variety of account types to cater to the diverse needs and preferences of traders. The Cent account is designed for those who are starting their trading journey or prefer to trade with smaller volumes. With a minimum deposit of $100, the Cent account provides accessibility to the markets without the availability of a demo account. Traders can gradually build their trading skills and experience while managing lower trade sizes.

    For traders looking for a Standard account, Doo Prime offers an option with a minimum deposit of $100. This account type allows traders to access a wider range of trading opportunities. The Standard account also provides the advantage of a demo account, enabling traders to practice their strategies and familiarize themselves with the platform before engaging in live trading. This feature helps traders gain confidence and refine their trading approach.

    Doo Prime also offers an ECN account, specifically designed for more experienced traders seeking direct market access and enhanced trading conditions. With a higher minimum deposit requirement of $5000, the ECN account provides access to deep liquidity and tight spreads. Similar to the Standard account, the ECN account also includes a demo account option, allowing traders to test and fine-tune their trading strategies in a risk-free environment.

    CENT STP ECN
    Account Currency: USD Account Currency: USD Account Currency: USD
    Minimum Deposit $100 $100 $5000
    Spreads High Medium Low
    Free Demo
    label
    label
    label
    Expert Advisor
    label
    label
    label
    Hedging Positions
    label
    label
    label
    Order Execution Market Execution Market Execution Market Execution

    Doo Prime Demo Account

    Notably, Doo Prime restricts demo accounts to Standard and ECN account holders. Additionally, if clients don't log in to their demo accounts for over 60 days, those accounts become inactive.

    Here are some easy steps for you to open a demo account:

    Step 1: Visit Doo Prime – Official Website and click “Demo Account”on the top right corner.

    Step 2: Account Registration: Simply enter your phone number and email on the registration interface, choose verification via email or phone, click “Send Verification Code,” set your password upon successful verification, and then agree to the terms before clicking “Submit Registration.”

    demo -account

    Step 3: Add a demo account: In the Doo Prime User Center, go to the homepage and choose “Add Account” below the demo account section.

    demo-account

    Step 4: Customize your demo account: You can add an account by selecting the “Creation method,” “Trading Platform,” “Basic Account Type,” “Account Currency,” “Leverage,” and specifying the “Deposit Amount.” Then, set your “Trading Password” and “Read-only Password” to complete the process.

    demo-account

    Step 5: Demo account is sucessfully opened: Once registration is complete, users can access their personal mailbox to retrieve their demo account login details, which include the chosen “Trading Platform,” “Demo Account,” and “Server Name.”

    demo-account

    To add your demo account funds, follow just two steps:

    Step1: Within the Doo Prime User Center's Demo Account screen, simply click the gear icon located in the upper right corner.

    demo-account

    Step 2: Input the desired deposit amount into the “Deposit” field, then confirm by clicking “Yes.”

    demo-account

    Then, the added amount will be displayed in the demo account.

    How to open an account?

    Opening an account with Doo Prime is a simple process that can be completed in just a few steps:

    1. Visit the Doo Prime website: Go to the official Doo Prime website using a web browser.

    open-account

    2. Fill in the registration form: Provide your personal information, including your name, email address, country of residence, and phone number. Create a secure password for your account.

    open-account

    3. Complete the verification process: Follow the instructions to submit the required identification documents for verification, such as a passport or driver's license. This step ensures compliance with regulatory requirements.

    4. Fund your account: Deposit funds into your Doo Prime account using one of the available payment methods, such as bank wire transfers, credit/debit cards, or e-wallets. Be aware of any minimum deposit requirements.

    5. Set up the trading platform: Download and install the preferred trading platform, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), from the Doo Prime website. Login using your Doo Prime account credentials, and you're ready to start trading.

    Once your account is set up and funded, you can explore the trading platform's features, access various trading instruments, and begin executing trades.

    Trading Platforms

    As for the trading platform, Doo Prime provides its clients with many options. There are public platforms such as tradingview, MT5 and MT4 that have served many clients worldwide, also Doo Prime's own platform Doo Prime InTrade. If you didn't want to spend time familiarizing yourself with a new platform, you could choose public platforms. But Doo Prime's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.

    trading-platform

    MetaTrader 5 (MT5): Doo Prime also supports the advanced MetaTrader 5 platform, which builds upon the features of MT4 and offers expanded functionalities. MT5 includes additional asset classes, improved charting tools, and enhanced order execution capabilities. Traders can access a more extensive range of analytical tools, utilize depth-of-market (DOM) functionality for more precise order placement, and benefit from advanced built-in indicators and graphical objects for comprehensive market analysis.

    Doo Prime Intrade: Doo Prime introduces its proprietary trading platform, Doo Prime Intrade, designed specifically for its clients. This platform combines advanced charting features, intuitive navigation, and swift order execution. Traders can enjoy a seamless trading experience with access to real-time market data, customizable charting tools, and the ability to execute trades swiftly and efficiently.

    trading-platform

    TradingView: Doo Prime integrates with TradingView, a popular and powerful charting and social trading platform. TradingView offers an extensive range of technical analysis tools, customizable charting features, and the ability to follow and interact with other traders in the TradingView community. Traders can access a vast library of indicators, create and share their own trading ideas, and collaborate with other traders, fostering a social trading environment.

    trading-platform

    Social Trading

    Social trading, a feature provided by Doo Prime, revolutionizes the way traders engage in the financial markets by combining the power of technology and social interaction. In social trading, traders have the opportunity to observe and replicate the trading activities of experienced and successful traders.

    Through Doo Prime's social trading platform, traders can access a network of skilled traders and view their real-time trades, performance history, and trading strategies. This transparency enables aspiring traders to evaluate and select the traders they wish to follow based on their individual trading goals and risk appetite.

    Leverage

    Leverage, in the context of trading, refers to the ability to control a larger position in the market with a smaller amount of capital. Doo Prime offers leverage of up to 1:1000. This means that for every dollar of trading capital, traders can control a position up to 1000 times larger.

    Leverage is a double-edged sword, whch means it has the potential to magnify both profits and losses. When used wisely, leverage can amplify trading gains and allow traders to capitalize on market opportunities with a smaller investment. However, it's important to note that leverage also increases risk exposure. If the market moves against a leveraged position, losses can accumulate rapidly, potentially exceeding the initial investment.

    Deposit and withdrawal methods and fees

    Doo Prime offers a variety of payment channels to facilitate deposit transactions, providing convenience and flexibility to its clients. The available payment channels, their supported payment currencies, deposit limits, and processing times are as follows:

    • Local bank transfers, allowing traders to deposit funds from their local bank accounts directly into their Doo Prime trading account. For traders using pay4broker CNY, deposits ranging from 1000 to 6800 CNY can be made within a 30-minute processing time. Another option is OTCP4B CNY, which allows for larger deposits. Traders can deposit between 15000 and 200000 CNY with a processing time of approximately 30 minutes. Additionally, OTCP4B CNY offers a range of deposit amounts from 450 to 6800 CNY, with a processing time of 5 to 30 minutes.

    • epay: Supports USD, HKD, GBP, EUR, AUD, THB, and AED as payment currencies. Deposits can be made within the range of $100 to $99,999, and the processing time is instant.

    • Skrill: Accepts multiple payment currencies, including USD, HKD, GBP, EUR, CHF, AUD, CAD, AED, PLN, NZD, ZAR, SEK, DKK, TWD, KRW, SGD, NOK, and INR. Deposits can be made between $100 and $6,000, with instant processing.

    • Fasapay: Supports USD and IDR as payment currencies. Deposits can be made within the range of $100 to $25,000, and the processing time is instant.

    • HWGC: Accepts TWD as the payment currency. Deposits can be made within the range of $100 to $710,000, and the processing time is approximately 45 minutes.

    • VISA, MASTERARD, APPLE PAY, GOOGLE PAY: Multiple payment currencies are supported, such as AED, AUD, BND, CAD, ZAR, VND, USD, TWD, THB, SEK, PLN, NZD, NOK, LAK, MMK, KHR, INR, HKD, GBP, EUR, DKK, CHF, and KRW. Deposits can be made between $100 and $6,500, with instant processing.

    • VISA, MASTERARD, APPLE PAY, GOOGLE PAY, AMERICAN EXPRESS: Accepts KRW and THB as payment currencies. Deposits can be made within the range of $100 to $400, and the processing time is instant.

    • Wire Transfer: Supports EUR, GBP, and USD as payment currencies. Deposits can be made within the range of $7,000 to $500,000, with a processing time of 2 to 5 working days.

    deposit-withdrawal
    deposit-withdrawal
    deposit-withdrawal
    deposit-withdrawal

    Withdrawal

    Doo Prime recommends a minimum withdrawal amount of USD 50, and it offers various withdrawal methods to accommodate the needs of its clients. For international wire transfers, withdrawals can be made in multiple currencies, including EUR, GBP, HKD, and USD. The processing time for international wire transfers is relatively quick, with funds typically being processed within one working day for withdrawal amounts up to USD 50,000. For withdrawal amounts ranging from USD 50,001 to 200,000, the processing time extends to two working days. Withdrawals of USD 200,001 to 1,000,000 require approximately five working days for processing, while withdrawals above USD 1,000,001 may take around six working days to complete.

    For local bank transfers in CNY (Chinese Yuan) and VND (Vietnamese Dong), Doo Prime provides a good option for clients based in those respective regions. The processing time for local bank transfers may vary depending on the specific local banking systems. It is advisable to check with Doo Prime for the estimated processing time for local bank transfers in CNY and VND.

    leverage deposit-withdrawal

    Educational resources

    A series of educational resources is available at Doo Prime, such as economic calendar, trading central, VPS, etcetera.

    educational-resources

    Customer support of Doo Prime

    Traders can reach out to the company through various channels to address their queries and concerns. The brokerage offers phone support, enabling clients to directly contact the relevant branch or office for personalized assistance. Additionally, an online chat feature is available for real-time communication, allowing traders to engage in instant conversations with customer support representatives. Furthermore, clients have the option to fill out a contact form on Doo Prime's official website, and the company will promptly respond and connect with them.

    Doo Prime actively engages with its clients and provides additional avenues for communication and updates through various social media platforms. Traders have the opportunity to connect with Doo Prime on popular social media platforms like Facebook, Twitter, Instagram, and LinkedIn. By following Doo Prime on these platforms, clients can stay updated on the latest news, market insights, educational content, promotions, and company announcements.

    Below are the details about the customer service.

    Language(s): English, Chinese, Japanese, Korean, Spanish, Thai, Vietnamese.

    Service Hours: 24/7

    Email: en.support@dooprime.com

    Phone Number: +44 11 3733 5199

    Social media: Facebook, Instagram, LinkedIn, twitter

     customer-support

    Users exposures

    On WikiFX website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

    user-exposure

    Educational Resources

    Doo Prime offers access to renowned market analysis provider Trading Central, providing traders with research, technical analysis, and trading ideas across various financial markets.

    Additionally, Doo Prime provides Virtual Private Server (VPS) services, which offer traders enhanced trading performance and uninterrupted connectivity. The VPS allows traders to execute their trading strategies with minimal latency and ensures that their trading activities are not affected by technical glitches or disruptions.

    user-exposure
    educational-resources

    Conclusion

    In conclusion, Doo Prime presents itself as a well-established brokerage firm with several positive aspects and a few considerations to keep in mind. On the positive side, Doo Prime's regulatory oversight by respected authorities such as ASIC, FSA, and VSFC instills confidence in the company's adherence to financial standards and investor protection. The diverse range of account types, including Cent, STP, and ECN, caters to the varying needs and preferences of traders. Additionally, the flexibility of leverage options up to 1:1000 and competitive spreads starting from 0.6 pips offer potential cost advantages for traders. The availability of popular trading platforms like MT4, MT5, Doo Prime Intrade, and TradingView, along with a wide selection of tradable assets, provides traders with comprehensive market access and analysis tools. The inclusion of social trading features further enhances the trading experience, allowing traders to learn from and replicate successful strategies.

    However, it is important to consider certain factors. While Doo Prime's regulatory compliance is a positive aspect, the company's registration in Malaysia may lead some traders to prefer brokers regulated in more well-known jurisdictions. Traders should also be mindful of the potential risks associated with high leverage and carefully manage their positions. Furthermore, while Doo Prime offers competitive spreads, traders should compare them with other brokers to ensure they are getting the best available rates. Additionally, the absence of a demo account for the Cent account type may limit opportunities for beginner traders to practice and familiarize themselves with the platform.

    FAQs

    Q: Is Doo Prime a regulated brokerage?

    A: Yes, Doo Prime is regulated by multiple respected authorities, including ASIC (Australian Securities and Investments Commission), FSA (Financial Services Authority), and VSFC (Vanuatu Financial Services Commission). This regulation ensures compliance with financial standards and provides a level of investor protection.

    Q: What is the minimum deposit required to open an account with Doo Prime?

    A: The minimum deposit required to open an account with Doo Prime is $100. This allows for accessibility to a wide range of traders, including those with smaller investment budgets.

    Q: What is the maximum leverage available at Doo Prime?

    A: Doo Prime offers maximum leverage of up to 1:1000. However, traders should exercise caution and fully understand the risks associated with high leverage before utilizing it in their trading strategies.

    Q: What are the available trading platforms at Doo Prime?

    A: Doo Prime supports popular trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), Doo Prime Intrade, and TradingView. These platforms provide traders with a variety of tools, indicators, and functionalities to enhance their trading experience.

    Q: What assets can be traded on Doo Prime?

    A: Doo Prime offers a diverse range of tradable assets, including forex currency pairs, contracts for difference (CFDs) on various financial instruments, indices, and cryptocurrencies. This allows traders to access different markets and diversify their portfolios.

    Q: What types of trading accounts does Doo Prime offer?

    A: Doo Prime provides multiple account types to cater to different trader preferences. These include Cent accounts for beginners, STP accounts for direct market access, and ECN accounts for more advanced traders seeking tight spreads and faster execution.

    News

    Doo Group Secures MAS-CMS License in Singapore

    NewsDoo Group Secures MAS-CMS License in Singapore

    2024-03-25 13:26

    Doo Group secures a CMS license in Singapore, expanding its Far East-focused brokerage services. This follows a Type 1 license in Hong Kong, marking a significant growth phase.

    WikiFX
    2024-03-25 13:26
    News
    Doo Group Secures MAS-CMS License in Singapore
    Doo Group Launches New Dubai Office, Expands Globally

    NewsDoo Group Launches New Dubai Office, Expands Globally

    2024-01-24 15:10

    Doo Group's new Dubai office marks a major global expansion, reinforcing its commitment to innovative financial solutions and worldwide client support.

    WikiFX
    2024-01-24 15:10
    News
    Doo Group Launches New Dubai Office, Expands Globally

    User Reviews

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    Comments

    Write a review

    FX3597497757
    0-3months
    Doo Prime is an excellent broker. The service was good, and the problem was solved in a timely manner, trading platform was convenient to use. Everything was fine.
    2024-03-15 16:07
    Reply
    0
    0
    FX3597497757
    0-3months
    "Exceptional service! I've been using this Doo Prime's brokerage for some time now, and I couldn't be happier with the experience. The platform is user-friendly, making it easy for even beginners to navigate and execute trades efficiently. What sets them apart is their commitment to customer satisfaction; whenever I've had questions or needed support, their team has been incredibly responsive and helpful. Plus, their competitive spreads and low fees make trading more profitable. Overall, I highly recommend this brokerage to anyone looking for a reliable and trustworthy platform for forex trading." Doo Prime's platform? Snappy with execution speeds, really works like a charm. However, I bumped into some slippage during peak trading times - not a deal-breaker, but worth keeping an eye on. The withdrawal process was a bit of a slow coach compared to the other features—hopefully, they can speed that up. On the whole, Doo Prime's got potential, but there's room for a little polish here and there.
    2024-03-15 16:06
    Reply
    0
    0
    antonyariasfx
    0-3months
    Excellent broker, fast withdrawals, low spread and fast customer service.
    2024-01-10 23:19
    Reply
    0
    0
    FX1531695162
    more than one year
    As a user of Doo Prime, I find their withdrawal process extremely frustrating and disappointing. Despite numerous attempts, I have repeatedly faced delays and have not been able to successfully withdraw my funds. In multiple instances, Doo Prime has remained silent and has ignored my requests entirely. Their lack of transparency and responsiveness has tarnished my trust in this company. I would strongly advise against investing with Doo Prime.
    2023-12-15 18:29
    Reply
    0
    0
    Cium Jude
    more than one year
    Slippages, yeah, they're a thing. When I played around with Doo Prime, I dabbled in all sorts of stuff – oil, stocks, the whole shebang. Now, when I danced with the EUR/USD, slippages weren't a big deal. We're talking 1 to 2 pips on average, which ain't too shabby, especially with the fast-moving currency crowd. But then, I decided to take on the oil market. Whoa, things got wild! Slippages there were like 3 to 5 bucks per barrel. Doesn't sound like much, but in the oil game, that's like leaving money on the table. It was like trying to catch a rocket with a butterfly net – thrilling, but not always easy.
    2023-10-10 14:01
    Reply
    0
    0
    SimenLu
    more than one year
    I placed multiple trades on their platform, and the slippage was a recurring nightmare. When the market price was at 1.1000, my order got executed at 1.0995. That's a whopping 5-pip slippage! And it wasn't a one-off occurrence; it happened repeatedly, eating into my potential profits. In fact, out of 20 trades I placed, a staggering 16 of them suffered from slippage, with an average slippage of around 4.5 pips. That's a significant deviation from the quoted prices, and it seriously impacted my trading results. Now, let's talk about reaching out to customer support. When I contacted them about this slippage issue, their response time was far from stellar. It took them an average of 48 hours to get back to me, and even then, their explanations felt evasive and didn't fully address the problem.
    2023-10-10 12:11
    Reply
    0
    0
    RyanHall
    more than one year
    I've got a real story to share, and it's not a happy one. You see, I've been using an e-wallet, Skrill, for all my deposits and withdrawals with this broker. I only provided my bank account details for verification purposes. Everything was fine until July 19, 2023, when I tried to make a withdrawal. To my surprise, the only option available was the bank account I'd never used before for deposits or withdrawals. I immediately contacted customer support, raised a ticket, and was told to wait for 24 hours. On August 20, I got in touch with their customer service again, and to my dismay, they informed me that I couldn't withdraw through Skrill anymore and that I had to use the bank account I'd never used previously. They gave me a bunch of excuses, saying their team was working on it, but their promises were empty. Initially, they assured me it would take just 24 hours to resolve the issue, but now they're just pointing fingers at each other.
    2023-10-09 13:48
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    Timothy 677
    more than one year
    Doo Prime's platform? Snappy with execution speeds, really works like a charm. However, I bumped into some slippage during peak trading times - not a deal-breaker, but worth keeping an eye on. The withdrawal process was a bit of a slow coach compared to the other features—hopefully, they can speed that up. On the whole, Doo Prime's got potential, but there's room for a little polish here and there.
    2023-10-09 12:30
    Reply
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    1
    Brandon Carter
    more than one year
    Fair entry and exit prices were a big tick for me, with price changes apparent, yet not impeding my trading growth. The spreads on USD/EUR during peak volatility were tight enough to not burn a hole in my pocket. Following my trading strategy, I was able to secure laudable profits - a significant contributor was the wide array of market indicators available for breaking down complex data patterns. Their trading platform pretty much hit the spot in terms of functionality and ease of use. The user interface is intuitive, making chart analysis and finding the right spots for a trade comparatively smooth. However, I did experience occasional lags in platform performance during high-impact news events – wasn’t a deal-breaker, but something worth noting. On a different note, while I had no issues executing my trading strategy, I had my patience tested with the withdrawals. It usually took up a substantial part of a week – something I'd like to see them hustle up on.
    2023-10-09 12:17
    1
    0
    1
    windson131
    6-12months
    Cheng Junjie's company, he can't even go back to China, he can run away at any time, and dare to make a deposit?
    2023-08-16 19:56
    Reply
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    0
    포켓마스터포레버
    6-12months
    Rotma Dick, a fraudulent company that even the devil can avoid
    2023-05-19 15:40
    1
    0
    1
    FX1286862958
    more than one year
    Honestly, overnight fees charged by Doo prime are much higher than other brokers. I am a trader who always hold positions overnight, so overnight interest is a huge fee for me. Unfortunately, I am trading on a wrong platform.
    2023-02-24 14:52
    Reply
    0
    0
    FX1167061492
    more than one year
    Doo Prime is an excellent broker. The service was good, and the problem was solved in a timely manner, trading platform was convenient to use.Everything was fine.
    2022-12-19 12:45
    1
    0
    2
    Sian
    more than one year
    This platform is really amazing, it is this Depu Capital, not to mention swallowing my profits, and delaying my withdrawal. I contacted the customer service and said that I was waiting in line, so I would like to ask, when will this line be in line? !
    2022-12-15 18:27
    Reply
    0
    0
    FX1160259091
    more than one year
    To tell you the truth, I like to trade in DP Capital because the overall trading environment makes me feel very comfortable. High leverage allows me to trade flexibly, the order execution speed is fast, and the spread is also very narrow. I made a small profit on this platform last year, and the withdrawal went smoothly.
    2022-12-14 12:09
    Reply
    0
    1
    Nadeemch301
    more than one year
    good app
    2022-11-04 09:51
    Reply
    1
    5
    +我USDTFX
    more than one year
    USDTfx can contact
    2022-11-03 10:33
    Reply
    0
    0
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