General Information & Regulation
Doo Prime Capital 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 currently holds a retail forex license from the Vanuatu Financial Services Commission (VFSC) with regulatory license number 700238 , and a retail forex license from the Mauritius Financial Services Commission, regulatory number C119023907.
Market Instruments
Doo Prime offers popular tradable financial instruments in the global financial markets, including forex (trading in over 60 currencies worldwide, including straight, crosses, and exotic currencies), precious metals, futures, stocks, and CFDs.
Minimum Deposit
There are two account types listed on Doo Prime platform, STP and ECN. The minimum deposit for a STP account is $100, affordable for most regular traders to get started. While the initial deposit for the ECN account soars to $5000, not the good option for the new beginners.
Doo Prime Leverage
Doo Prime Capital offers investors two types of accounts: Quantum (ECN) Accounts and Classic (STP) Accounts. The minimum deposit for a Quantum account is $5,000, and the leverage varies from 1:1 to 1:400. The minimum deposit for a Classic account is $100, and the leverage is also 1:1-1:400. The maximum leverage is 1:50 for CFDs.
Spreads & Commissions
A classic (STP) account is a trading account with no commission and only spreads. The minimum spreads for the Classic account are 12 pips for EURUSD, 22 pips for USD/Gold and 22 pips for USD/Silver, and 38 pips for CFDs. For Quantum (ECN) accounts, the minimum spread for Forex is 1 pip for EURUSD, 8 pips for both USD Gold and USD/Silver, and 25 pips for CFDs. The minimum spread for futures products trading is 1 pip and the commission is $15 per lot. The minimum spread for equity products is 11 pips.
Doo Prime Trading Platform
Doo Prime Capital offers traders the MT4 and MT5 trading platforms for Windows and PC Versions, the Doo Prime MAM/PAMM multi-account management solution, and VPS. The multi-account management solution provides professional traders and fund managers with powerful capital and order allocation tools, and investors can take advantage of the wisdom and extensive trading experience, with the fund manager centrally managed to trade on their behalf. The company offers free VPS hosting for its clients, allowing all suitable clients to create a fully functional web host in the company's cloud-based service, accessible through a remote desktop protocol using a desktop or mobile terminal.
Deposit & Withdrawal
Doo Prime offers several deposit and withdrawal methods, including online payment, local bank transfer, 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 request. After the broker's staff confirms the receipt, the amount will be stored in the corresponding CRM account. The general withdrawal process is to choose the withdrawal method, enter the withdrawal amount, and confirm the withdrawal, which takes about 2 business days to arrive.
Trading Tools
Doo Prime provides traders with a range of useful trading tools, such as the Market Watch, Fix API, VPS, Trading Signals, and more.
Accepted Regions
Doo Prime does not offer its services to residents of countries or jurisdictions where the use of such services would be contrary to local laws or regulations including but not limited to Afghanistan, Azerbaijan, Bosnia and Herzegovina, Burma, Canada, Congo, Cuba, Ethiopia, Guyana, Haiti, Hong Kong, Indonesia, Iran, Iraq, Israel, Japan, Lebanon, Malaysia, Mali, North Korea, Singapore, Sri Lanka, Somalia, Sudan, Trinidad and Tobago, Tunisia, Venezuela, United Arab Emirates, United States of America. The information and services on our website are not applicable and shall not be provided to country or jurisdiction where such distribution of information and services are contrary to the respective local statutes and regulations.