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Doris

Hong Kong|2-5 years|
Regulated in United States|Suspicious Regulatory License|White label MT4|Regional Brokers|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

https://fxdoris.com/en/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
HKDORISFinancial-Demo MT4
Server Location China

Contact

support@fxdoris.com
https://fxdoris.com/en/

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Doris Financial

Company Abbreviation

Doris

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0532628) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

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Doris · Company Summary

Registered in Hong Kong
Regulated by Unregulated
Year(s) of establishment 2-5 years
Trading instruments Foreign exchange,precious metal,index,futures,stock,digital currency
Account Types Real Account,Demo Account
Maximum leverage Unknown information
Minimum spread Unknown information
Trading platform MetaTrader 5
Educational Resource Educational blog posts
Customer Service Hotline,mail,online live chat

Overview of Doris

Doris is a financial service provider that offers a wide range of market instruments, including foreign exchange, precious metals, indices, and futures contracts. They provide real and demo accounts, allowing users to trade with real money or practice trading strategies without any financial risk. The user-friendly MetaTrader 5 platform enhances the trading experience, offering comprehensive features and tools for efficient trade execution, technical analysis, and copy trading. Deposits and withdrawals are straightforward, and Doris offers educational resources to help traders enhance their knowledge and skills. However, it is important to note that Doris lacks clear information about their regulatory compliance and licensing, which raises concerns about their legitimacy as a financial service provider.

basic-info

Is Doris legit or a scam?

Doris does not have clear information about their regulatory compliance and licensing. The mention of being unauthorized and lacking specific details about their license raises concerns about the legitimacy of Doris as a financial service provider.

It is important to note that reputable financial service providers typically adhere to regulatory requirements and obtain appropriate licenses from relevant authorities. These licenses ensure that the company operates within the legal framework and provides services in a transparent and regulated manner, offering protection to clients.

Without a clear license or authorization, there may be a higher level of risk associated with engaging with Doris. It is advisable to exercise caution and consider alternative options that are properly regulated and authorized by recognized financial authorities. Conducting thorough research and due diligence on the legitimacy and regulatory status of a financial service provider is crucial to ensure the safety of your investments and financial transactions.

Pros and Cons

Doris offers a wide range of market instruments, providing clients with diverse investment opportunities. Traders can access the foreign exchange market, trade precious metals like gold and silver, invest in indices, and utilize futures contracts for speculation or hedging. Additionally, Doris provides both real and demo accounts, enabling users to trade with real money or practice trading strategies in a simulated environment.

The user-friendly MetaTrader 5 platform enhances the trading experience, offering comprehensive features, technical analysis tools, and the ability to engage in copy trading. Deposits and withdrawals are straightforward processes, and the availability of educational resources empowers traders to enhance their knowledge and skills across different market instruments.

One limitation of Doris is the limited information provided on spreads and commissions. The lack of specific details on their website makes it necessary for users to consult directly with the broker to obtain accurate information. Additionally, there is a lack of information regarding leverage options, which can be an important factor for traders in managing their positions. Another concern is the absence of clear regulatory transparency.

Pros Cons
Wide range of market instruments Limited information on spreads and commissions
Real and demo accounts for trading practice Lack of information on leverage options
User-friendly MetaTrader 5 platform Unauthorized
Straightforward deposit and withdrawal processes
Educational resources for enhancing trading knowledge

Market Instruments

The Doris Group provides a wide range of market instruments to meet the investment needs of its clients. They offer access to the foreign exchange market, allowing clients to trade currencies and potentially benefit from exchange rate fluctuations. In addition, they facilitate the trading of precious metals, providing clients with the ability to invest in gold, silver, platinum, and palladium through various instruments such as futures contracts or ETFs. The Doris Group also offers clients the opportunity to invest in and trade indices, enabling them to track the performance of specific markets or sectors. Furthermore, they provide access to futures contracts, allowing clients to speculate on price movements or hedge their positions.

products

Account Types

Doris offers two types of accounts: Real Account and Demo Account.

  1. Real Account: A real account is a type of trading account where users can trade with real money and have the opportunity to earn profits or incur losses. Traders can deposit funds into their real accounts and engage in live trading with access to real market conditions. It allows users to experience the true dynamics of financial markets and execute trades using real funds. Real accounts require users to complete the necessary verification processes to comply with regulatory requirements.

  2. Demo Account: A demo account, also known as a practice or virtual account, is designed for users to practice trading without using real money. It provides a simulated trading environment that mimics real market conditions, allowing users to familiarize themselves with the trading platform, test trading strategies, and gain experience in executing trades. Demo accounts are usually pre-loaded with virtual funds, enabling traders to explore different financial instruments and practice risk management techniques without any financial risk.

How to Open an Account?

To open an account with Doris, please follow the steps provided on their website https://fxdoris.com/. Here is a general outline of the account opening process:

  1. Visit the Doris website at https://fxdoris.com/ and locate the “Open Account” or similar button.

  2. Click on the button to initiate the account opening process.

open-account

3. You will be directed to a registration form where you need to provide personal information such as your name, email address, phone number, and country of residence. Fill in the required details accurately.

open-account

4. Read and agree to the terms and conditions, as well as any other relevant legal agreements or policies.

5. Complete the registration process by following the instructions provided, including verifying your email address and setting up a secure password.

Leverage

There is no specific description or mention of the leverage options offered by Doris. The details regarding leverage, such as the available ratios or limits, are not provided in the provided information.

Leverage can be an important aspect for traders as it allows them to potentially amplify their trading positions. However, it is crucial to have a clear understanding of the leverage options offered by a financial service provider before engaging in trading activities. Leverage involves increased risk, and traders should carefully consider their risk tolerance and employ appropriate risk management strategies.

To obtain accurate information about the leverage options provided by Doris, it is advisable to consult directly with the broker or refer to their official documentation, terms and conditions, or contact their customer support.

Spreads & Commissions

The spreads and commissions for the specified trading instruments are not provided on website. Spreads and commissions can vary depending on the broker or trading platform used. It is advisable to refer to the specific broker or platform's documentation, terms and conditions, or consult with the broker directly to obtain accurate information on spreads and commissions for trading instruments.

Trading Platform

The MetaTrader 5 Desktop Edition provided by Doris enables users to download the platform on their Windows or macOS devices. With this platform, traders can access a wide range of financial products, including currency pairs, stocks, and futures. The trading platform offers diverse trading functions, allowing users to execute trades, monitor their positions, and manage their portfolios efficiently. Traders can utilize comprehensive technical analysis tools to analyze price charts, indicators, and graphical objects to make informed trading decisions. The platform also supports copy trading, enabling users to replicate the trades of successful traders, and features EA (Expert Advisor) automatic trading functionality, allowing for the use of automated trading strategies.

For traders on the go, the Doris MT5 mobile terminal provides a convenient solution. Users can download the mobile terminal on their Android or iOS devices, granting them access to trade currency pairs, stocks, and other securities anytime and anywhere. With the mobile platform, traders can monitor market prices, execute trades, and manage their accounts with ease. The platform delivers a user-friendly interface, ensuring a seamless trading experience on mobile devices and allowing traders to engage in global investment activities at their fingertips.

trading-platform

Deposit & Withdrawal

Deposits and withdrawals at Doris are straightforward processes. To deposit funds, users need to log in to the user center, select “Deposit,” choose the desired currency and payment channel, and enter the deposit amount. Confirmation and payment details are provided, and users can complete the transaction through their mobile banking app.

Withdrawals require users to log in to the Doris account backend, complete the necessary financial information binding, and then submit a withdrawal request. Withdrawal requests are processed during business hours, and the time for funds to reach the user's account depends on the chosen channel and bank processing times.

payment-methods

Customer Support

Doris Financial Services Limited, based in Hong Kong, provides customer support to its clients. The customer support team can be contacted via email at admin@fxdoris.com or through the telephone number +852 30780823. Additionally, they offer an online chat option for real-time assistance and support. The customer support team is available to address inquiries, provide guidance on account-related matters, assist with technical issues, and offer general support related to the services provided by Doris Financial Services Limited.

customer-support

Educational Resources

Doris offers a wealth of educational resources to help traders and investors gain knowledge and insights across different market instruments. From forex trading to precious metals, indices, futures, stocks, and digital currencies, their educational blog posts and articles cover a wide range of topics. Traders can learn about the fundamentals, technical analysis techniques, risk management strategies, and market trends specific to each instrument. These resources are designed to provide a solid foundation and enhance trading skills, enabling individuals to make informed decisions and navigate the complexities of the financial markets with confidence.

Conclusion

Doris offers a wide range of market instruments and features that can be appealing to traders and investors. The availability of real and demo accounts, along with the user-friendly MetaTrader 5 platform, provides flexibility for users to engage in live trading or practice their strategies in a simulated environment. The educational resources offered by Doris also contribute to enhancing traders' knowledge and skills across various market instruments. However, it is important to note the lack of clear information regarding regulatory compliance and licensing, which raises concerns about the legitimacy and regulatory oversight of Doris as a financial service provider.

FAQs

Q:Is Doris a regulated financial service provider?

A: Regulatory compliance information is not clearly provided.

Q:What types of accounts does Doris offer?

A: Doris offers Real and Demo trading accounts.

Q:What trading platform does Doris use?

A: Doris uses MetaTrader 5 platform for trading.

Q:Are educational resources available on Doris?

A: Yes, Doris provides educational resources on various market instruments.

Q:How can I contact Doris customer support?

A: Contact Doris via email or phone for customer support.

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厚德载物69494
more than one year
Not good. Pressured into investing. Lost all. Not allowed to withdraw from my account. I had 5000 in my account. Was pressured into investing in unrealistic margin calls. I am not allowed to even withdraw whatever is left in my account. Beware read warnings before trading or investing. Please take care!
2023-03-23 15:31
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