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Doo Prime Forex Broker provides real users with 17 positive reviews, 6 neutral reviews and 25 exposure review!

Doo Prime Broker Review

7.03

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Doo Prime Review 48

Latest All(48) Positive(17) Neutral(6) Exposure(25)
Exposure
hesabimı kapattar 998 dolar paramı vemiyorlar

nasdaq ve altin işleminden kar ettim paramı çekmek istediğimde hesabımı kapattılar ve 998 dolar paramı vermiyorlar, bu parayı bile ödemeyen firma dolandırıcıdır kesinlikle burda işlem yapmayın doo prime firmasından uzak durun

Yaman1903
2024-04-28
Exposure
They don't pay my 998dollars and closed my account

I made a profit from the Nasdaq and gold transaction, I requested to withdraw my money of 998 dollars, but they do not pay my money and they closed my account. I want my money paid urgently. A company that does not even pay $998 is unreliable and fraudulent.

Yaman1903
2024-04-28
Exposure
My $998 money is not paid and they blocked my acco

I made a profit in 2 transactions and when I wanted to withdraw my money, they unfairly confiscated my money and banned access to my account. They don't pay my 998 dollars. Everything is expected from such a company that does not even pay 998 dollars. I want my money paid urgently

Yaman1903
2024-04-26
Neutral
Diverse Trading Options Shine at DooPrime, but Unauthorized Withdrawals mar Experience

After spending quite some time with DooPrime, I've found their services quite compelling. A significant strength is the wide array of products available for trading, giving me diverse ways to invest my capital. Furthermore, the low spreads and swift depositing process makes it all the more easier to get started. However, there've been a couple of hiccups. I've noticed some odd activity with my account recently, with noticeable amounts withdrawn without my authorization - confusing, to say the least. It would be great to have this issue resolved promptly. In short, while there are certainly positives, I hope to see some improvements soon.

吴林烩
2024-04-19
Exposure

Yesterday it stuck, today the market is lagging. How could it be? The real market is completely different from the demo.

Chiuuu
Verified
2024-02-16
Neutral
Funds Withdrawal Nightmares at Doo Prime: Delayed Responses Raise Red Flags

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.

FX1531695162
2023-12-15
Neutral
Oil Market Slippages: A Wild Ride of 3-5 Bucks per Barrel

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.

Cium Jude
2023-10-10
Neutral
Recurrent Slippage Nightmares: 16 of 20 Trades Affected, Poor Customer Response

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.

SimenLu
2023-10-10

  

DOO PRIME 2025 Review: Everything You Need to Know

  Doo Prime has emerged as a notable player in the online trading landscape, offering a wide range of trading instruments and competitive conditions. However, user experiences are mixed, with some praising the broker's features while others raise concerns regarding its regulatory status and customer service. This review aims to provide a comprehensive overview of Doo Prime, highlighting key features, user feedback, and expert opinions.

  Note: It's essential to consider that Doo Prime operates under multiple entities across different jurisdictions, which may affect the level of regulatory protection available to traders.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 7.5
Tools and Resources 6.5
Customer Service and Support 6.0
Trading Experience 7.0
Trustworthiness 5.5
User Experience 6.0
Regulatory Compliance 6.5

  We assess brokers based on user feedback, expert analysis, and regulatory frameworks.

  

Broker Overview

  Founded in 2014, Doo Prime operates under the umbrella of the Doo Group, with its headquarters located in the Cayman Islands. The broker provides access to popular trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary Intrade platform. Doo Prime offers a broad range of trading instruments, including forex, CFDs on stocks, commodities, indices, and futures. The broker holds multiple regulatory licenses, including those from the FCA (UK), ASIC (Australia), and SEC (USA), although it also operates under less stringent offshore regulations.

  

Detailed Analysis

  

Regulatory Areas

  Doo Prime is regulated in several jurisdictions, including:

  • FCA (UK): Provides a high level of investor protection, ensuring strict compliance with financial regulations.
  • ASIC (Australia): Known for its stringent consumer protection standards.
  • FSA (Seychelles) and FSC (Mauritius): Offer less stringent oversight, raising concerns among some traders about the safety of their investments.

  

Deposit/Withdrawal Currencies and Cryptocurrencies

  Doo Prime supports deposits and withdrawals in multiple currencies, including USD, EUR, and GBP. The broker also accepts cryptocurrencies like Bitcoin and USDT (both TRC20 and ERC20), providing flexibility for traders who prefer digital assets.

  

Minimum Deposit

  The minimum deposit for opening a trading account with Doo Prime varies by account type:

  • Cent Account: $0
  • STP Account: $1
  • ECN Account: $100

  This low entry point is appealing for beginners looking to start trading with minimal financial commitment.

  

Bonuses/Promotions

  Doo Prime currently does not offer significant bonuses or promotions, which could be a downside for traders looking for incentives to start trading.

  

Tradable Asset Classes

  Doo Prime provides access to over 10,000 financial instruments across various asset classes, including:

  • Forex: More than 60 currency pairs, including major, minor, and exotic pairs.
  • CFDs: Stocks, commodities, indices, and futures.
  • Precious Metals: Gold and silver trading options.

  

Costs (Spreads, Fees, Commissions)

  Spreads at Doo Prime vary by account type:

  • Cent and STP Accounts: Spreads start from 1 pip.
  • ECN Accounts: Spreads can be as low as 0.0 pips but come with commission fees ranging from $3 to $7 per lot.

  Doo Prime does not charge internal fees for deposits or withdrawals, which is a positive aspect for active traders. However, external fees from payment providers may apply.

  

Leverage

  Leverage options at Doo Prime vary significantly based on the trader's location and the regulatory entity under which they are trading. High leverage of up to 1:1000 is available for international clients, while traders in regulated regions like the UK and EU are limited to lower leverage ratios (e.g., 1:30).

  

Allowed Trading Platforms

  Doo Prime offers several trading platforms, including:

  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)
  • Doo Prime Intrade: A proprietary platform designed for seamless trading experiences.
  • TradingView: Integrated for advanced charting and social trading features.

  

Restricted Regions

  Doo Prime does not accept clients from certain countries, including the United States, Canada, and several others. Traders should verify their eligibility before attempting to open an account.

  

Available Customer Support Languages

  Doo Prime provides multilingual customer support, including English, Chinese, Malay, Thai, Vietnamese, Korean, Portuguese, Arabic, Spanish, Farsi, Hindi, and Urdu. Support is available via live chat, email, and phone.

  

Repeat Ratings Overview

Category Rating (out of 10)
Account Conditions 7.5
Tools and Resources 6.5
Customer Service and Support 6.0
Trading Experience 7.0
Trustworthiness 5.5
User Experience 6.0
Regulatory Compliance 6.5

  

Detailed Breakdown

  

Account Conditions

  Doo Prime offers a range of account types suitable for different trading styles. The Cent account is particularly good for beginners, allowing them to trade with minimal risk. The STP account provides access to a broader range of instruments, while the ECN account is ideal for professional traders seeking tight spreads.

  

Tools and Resources

  While Doo Prime offers essential trading tools, the educational resources are somewhat lacking. Traders may find limited in-depth training materials, which could be a disadvantage for beginners.

  

Customer Service and Support

  Customer service has received mixed reviews, with some users reporting delays in response times. However, the availability of 24/7 support is a positive aspect.

  

Trading Experience

  The trading experience on Doo Prime is generally positive, with fast execution speeds and a variety of platforms available. However, some users have expressed concerns about the clarity of fees and spreads.

  

Trustworthiness

  Doo Prime's regulatory status is a mixed bag. While it holds licenses from reputable authorities, its operations under offshore regulations raise questions about the level of protection for traders.

  

User Experience

  User experiences vary widely, with some praising the broker's features and others expressing frustration over withdrawal issues and customer service.

  

Regulatory Compliance

  Doo Prime is regulated by multiple authorities, but the presence of offshore licenses may lead to reduced investor protection. Traders should be cautious and conduct thorough research before engaging with the broker.

  In conclusion, while Doo Prime offers a solid trading platform with competitive conditions, potential clients should weigh the mixed user feedback and regulatory considerations before making a decision.