DooPrime vs ACY Securities 2023

DooPrime is not publicly traded and does not operate a bank. DooPrime is authorised by four Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and three Tier-4 regulators (High Risk). DooPrime is authorised by the following Tier-1 regulators: Securities Futures Commission (SFC), Financial Conduct Authority (FCA), Commodity Futures Trading Commission (CFTC), and regulated in the European Union via the MiFID passporting system

ACY Securities is not publicly traded and does not operate a bank. ACY Securities is authorized by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators, (Average Risk), and one Tier-4 regulator (High Risk). ACY Securities is authorised by the following Tier-1 regulator: the Australian Securities & Investment Commission (ASIC).

DooPrime is mainly regulated in the UK, as well as two offshore locations (Vanuatu and Mauritius), and offers 10,000 investment products, and multiple platforms including the full MetaTrader suite, and social copy trading platforms. That said, DooPrime trails behind the best brokers in key categories.

ACY Securities is a MetaTrader-only broker with a reasonable range of markets and a balanced account offering. The broker’s research and educational content, however, could be greatly improved upon.

To open a trading account with DooPrime, you'll need to make an initial minimum deposit of $100.

ACY Securities requires a minimum deposit of $50 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. DooPrime offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas ACY Securities provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw) and Skrill (Deposit/Withdraw)

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that ACY Securities offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that DooPrime holds 4 global Tier-1 licenses, while ACY Securities holds 1. Both DooPrime and ACY Securities hold 0 global Tier-2 licenses.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that DooPrime (83) earned a higher Trust Score than ACY Securities (75).

To compare the trading platforms of both DooPrime and ACY Securities, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, DooPrime offers a better experience. With research, DooPrime offers superior market research. Finally, we found DooPrime to provide better mobile trading apps.

Here’s what trading platforms are available at DooPrime:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at ACY Securities:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both DooPrime and ACY Securities offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. DooPrime and ACY Securities both offer copy trading.

ACY Securities provides traders 66 currency pairs (e.g., EUR/USD) compared to DooPrime's 60 available pairs. If you are interested in trading CFDs, DooPrime offers traders access to 10000 CFDs, while ACY Securities offers access to 2200 CFDs; so DooPrime offers 7800 more CFDs than ACY Securities.

We found in our testing that DooPrime offers a more diverse selection of investment options than ACY Securities, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD) and Social Trading / Copy Trading. Neither have Cryptocurrency (Physical) and Spread Betting.