What is Doo Prime?
Doo Prime is a global online broker that provides trading services for a variety of financial instruments, including forex, stocks, commodities, and cryptocurrencies.
When did it start operations?
Doo Prime was established in 2019.
Where is its headquarters?
The company is headquartered in Hong Kong.
In which countries is it banned?
Doo Prime may face restrictions in certain jurisdictions, particularly in countries with stringent regulations, such as the United States and some EU nations.
Pros and Cons
Advantages:
- Wide range of trading instruments available.
- Competitive spreads and low trading fees.
- Access to advanced trading platforms, including MetaTrader 4 and 5.
- Strong customer support and educational resources.
Disadvantages:
- Limited regulatory oversight compared to some established brokers.
- Withdrawal fees may apply for certain methods.
- Some features might not be available in all regions.
Trading Instruments
What instruments can I trade?
You can trade various instruments, including:
- Forex pairs
- Stocks
- Commodities
- Indices
- Cryptocurrencies
Fees
What are the trading fees?
Doo Prime generally offers competitive spreads starting from 0.0 pips, with specific fees depending on the account type and trading instrument.
Scalping
Does it allow scalping?
Yes, Doo Prime allows scalping strategies on its trading platform.
Trading Platform
Is there a trading platform?
Yes, Doo Prime provides access to multiple trading platforms, including MetaTrader 4 and MetaTrader 5.
Margin Trading
Is there leveraged or margin trading?
Yes, Doo Prime offers margin trading, allowing traders to utilize leverage. Leverage ratios can go up to 1:500, depending on the asset class and regulatory requirements.
