Forex Brokers

Doo Prime

Doo Prime is a wholly-owned subsidiary of Doo Holding Group, which provides retail clients and professional traders with the best liquidity solutions in the financial ...

Doo Prime is a wholly-owned subsidiary of Doo Holding Group, which provides retail clients and professional traders with the best liquidity solutions in the financial markets. Founded in 2014, the company is headquartered in London, UK, with operations centers in Hong Kong, Chinese Taipei, Dallas, Kuala Lumpur, and Singapore. The company currently holds a general financial license from the National Futures Association (NFA) in the United States, a general financial license from the Financial Conduct Authority (FCA) in the United Kingdom, a retail FX license from the Vanuatu Financial Services Commission (VFSC) and a retail FX license from the Mauritius Financial Services Commission. license.

Security Analysis

Doo Prime cooperates with banks with good credit around the world, such as Swiss Bank, HSBC, Merrill Lynch, etc. to ensure the safety and stability of funds.

Main business

Doo Prime provides trading of popular financial instruments in the global financial market, including foreign exchange (more than 60 currency pairs around the world can be traded, including straight, cross and niche currency pairs), precious metals, futures, stocks and CFDs.

Account & Leverage

Doo Prime offers investors two types of accounts: Quantum Account (ECN) and Classic Account (STP). The minimum deposit for a quantum account is $5,000, and the leverage is 1:1-1:400. The minimum deposit for the classic account is $100, and the leverage is also 1:1-1:400. The maximum leverage for foreign exchange products is 1:400, the maximum leverage for gold/silver is 1:100, the maximum leverage for futures products is 1:50, the maximum leverage for stock products is 1:20, and the maximum leverage for CFD trading is 1: 50.

Spread & Commission

A Classic (STP) account is a trading account with no fees and only spreads. The minimum foreign exchange spread for the classic account is 12 pips on EURUSD, 22 pips on Gold USD, 22 pips on Silver USD, and 38 pips on CFD products. The minimum foreign exchange spread of the Quantum (ECN) account is 1 point in Europe and the United States, 8 points for both gold dollar and silver dollar, and the minimum spread for CFD products is 25 points. The minimum spread for futures product trading is 1, and the handling fee is $15 per lot. Equity products have a minimum spread of 11 pips.

Trading Platform

Doo Prime provides traders with Windows and PC versions of MT4 and MT5 trading platforms, DooPrime MAM/PAMM multi-account management solutions and VPS. The multi-account management solution can provide professional traders and fund managers with powerful funds and order distribution tools. Investors can use the wisdom and rich trading experience of PAMM/MAM fund managers to centrally manage transactions on their behalf. The company offers its customers free VPS hosting services, allowing all suitable customers to create a full-featured web host in the company's cloud service, which can be accessed using a remote desktop protocol from a desktop or mobile terminal.

Deposits

Doo Prime provides a variety of deposit and withdrawal methods, including online payment, local bank remittance, etc. Investors can choose the method that suits them. The general deposit process is to select the payment method, enter the payment amount, and initiate a payment application. After the broker's staff confirms the payment, the amount will be stored in the corresponding CRM account. The general withdrawal process is to select the withdrawal method, enter the withdrawal amount, and confirm the withdrawal. The approximate time for the withdrawal to arrive in the account is 2 working days.

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