Written by ForexBrokers.com
In this head to head comparison of FOREX.com vs DooPrime, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FOREX.com, established in 1999, is a seasoned player in the online trading landscape and enjoys a sterling reputation. The platform is publicly traded, which enhances its transparency and accountability. Boasting a top Trust Score of 99 as rated by ForexBrokers.com, FOREX.com is recognized as highly trusted within the industry. It is not a bank, but stands out with seven Tier-1 regulatory licenses and one Tier-2 license, affirming its commitment to providing a secure trading environment.
On the other hand, DooPrime, founded in 2014, offers competitive options for traders looking for a trustworthy broker. While it is not publicly traded, it maintains a solid Trust Score of 83, indicating a trusted status according to ForexBrokers.com’s rating system. Similar to FOREX.com, DooPrime is not a bank but upholds its credibility with four Tier-1 regulatory licenses. Though it lacks Tier-2 licenses, its regulatory framework supports a trusted trading experience, appealing to newer traders focused on reliability and straightforward compliance.
| Feature |
FOREX.com
|
DooPrime
|
|---|---|---|
| Year Founded | 1999 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 4 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
When comparing the commissions and fees of FOREX.com to DooPrime, FOREX.com stands out with a rating of 4.5 stars for its competitive offerings. FOREX.com provides multiple account types with varying execution methods. The Standard account, though only available for MetaTrader clients, features average spreads of 1.4 in the U.S. for the EUR/USD. On the other hand, the RAW account offers lower spreads starting at 0.13 pips but includes a commission of $7 per Standard lot for the base tier. This account structure benefits active traders with volume-based rebates, ranging from $2 to $9 per million, especially if trading volumes exceed $50 million monthly. FOREX.com's focus on transparent execution statistics and active trader discounts makes it a strong choice, ranked #13 out of 63 brokers by ForexBrokers.com.
In contrast, DooPrime's fee structure is less detailed due to a lack of available average spread data. DooPrime is rated lower at 3 stars in commissions and fees, indicating it may not be as competitive in pricing or transparency compared to other brokers like FOREX.com. DooPrime's ranking reflects this, as it sits at #59 out of 63 brokers according to ForexBrokers.com. Traders looking for detailed information on costs might find DooPrime less appealing compared to FOREX.com's comprehensive fee breakdown and additional perks for high-volume trading.
Overall, while both brokers offer online trading services, FOREX.com provides a more detailed and beneficial fee structure, particularly for those engaged in active trading, supported by higher star ratings and better overall rankings. This makes FOREX.com an attractive choice for traders prioritizing cost efficiency and execution clarity.
| Feature |
FOREX.com
|
DooPrime
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.4 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the investment offerings of FOREX.com and DooPrime, both platforms present a diverse range for traders. FOREX.com provides access to 5,500 tradeable symbols, including 80 forex pairs available as CFDs or spot contracts. However, it does not offer the option to invest in exchange-traded securities on either U.S. or international exchanges, limiting actual stock purchases. Instead, FOREX.com provides the opportunity to engage in cryptocurrency derivatives, allowing traders to explore the crypto market indirectly. Despite lacking copy trading capabilities, FOREX.com is still highly rated in terms of investment diversity, earning a commendable 5-star rating and ranking 7th among 63 brokers on ForexBrokers.com for the range of investments.
In contrast, DooPrime stands out by offering a wider selection with 10,000 tradeable symbols. Though it supports fewer forex pairs (60 in total), it compensates by enabling clients to invest directly in exchange-traded securities on both U.S. and international exchanges—adding depth for those interested in stock markets. While DooPrime does not provide cryptocurrency derivatives, like FOREX.com, it does offer the advantage of copy trading, appealing to those who prefer a more collaborative trading experience. This diversified offering earns DooPrime the same 5-star investment range rating, and it holds a respectable 12th place among the top brokers, according to ForexBrokers.com.
| Feature |
FOREX.com
|
DooPrime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 10000 |
| Forex Pairs (Total) | 80 | 60 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | No |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When considering trading platforms and tools, FOREX.com and DooPrime both offer a rich array of features tailored to meet the needs of traders. Both brokers support simulated trading with free virtual demo accounts, providing an excellent opportunity for beginners to practice and explore their trading platforms without financial risk. Each broker also offers a proprietary platform, offering a unique experience for their users. While both provide Windows-based desktop platforms and web-based platforms, FOREX.com lacks the copy trading feature, which is available at DooPrime, enhancing its appeal to users who want to follow successful traders.
Both brokers support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), ensuring that traders have access to industry-standard tools. A notable difference is in charting, where FOREX.com offers a staggering 239 drawing tools compared to DooPrime's 15, catering to traders who rely heavily on technical analysis. FOREX.com also provides more customizable watch lists, with 20 columns for fields compared to DooPrime's 7. With these features, it's unsurprising that FOREX.com received a 5-star rating for its trading platforms and tools, ranking #7 out of 63 brokers, while DooPrime, with a 4-star rating, holds the #25 spot.
| Feature |
FOREX.com
|
DooPrime
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 88 | 30 |
| Charting - Drawing Tools (Total) | 239 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 20 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FOREX.com and DooPrime, both brokers cater to iPhone and Android users, ensuring a seamless trading experience across devices. They lead with user convenience by offering real-time quotes and the ability to create personalized watchlists. However, FOREX.com stands out with an advanced feature: watchlist symbol syncing, which allows users to seamlessly sync their watchlists across both mobile and online platforms. This can make managing your investments more streamlined. While both apps support stock or forex price alerts and let traders draw trendlines on charts, FOREX.com offers considerably more technical studies—88 compared to DooPrime's 30—providing a broader range of tools for in-depth analysis.
In terms of viewing flexibility, both apps allow traders to switch between multiple time frames on charts and offer autosave functions for drawings. Where these two platforms diverge significantly is in their market ratings: FOREX.com boasts a high user rating of 5 stars, placing it at the #3 spot out of 63 brokers in the Mobile Trading Apps category, as rated by ForexBrokers.com. In contrast, DooPrime holds a solid 4-star rating but ranks further down at #25. The comprehensive suite of features and high user satisfaction indicate FOREX.com as a top choice for those seeking a highly capable and responsive mobile trading experience.
| Feature |
FOREX.com
|
DooPrime
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FOREX.com and DooPrime both provide traders with valuable daily market commentary and access to forex news from respected sources like Bloomberg and Reuters. They also offer tools from Trading Central for technical analysis. However, FOREX.com stands out by providing a sentiment-based trading tool, which DooPrime does not offer. Both brokers feature an economic calendar showcasing upcoming global news events, yet neither uses research tools from Autochartist, TipRanks, or Acuity Trading.
In terms of research quality, FOREX.com is rated 4.5 stars, while DooPrime has a slightly lower rating of 4 stars. FOREX.com is ranked #9 out of 63 brokers for research according to ForexBrokers.com, which is notably higher than DooPrime's ranking at #29. This suggests that FOREX.com might provide a more comprehensive research offering, making it a favored choice for traders looking for in-depth market analysis tools.
| Feature |
FOREX.com
|
DooPrime
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners from FOREX.com and DooPrime, it's clear that both brokers provide a solid foundation with at least ten educational resources focused on forex and CFDs. However, FOREX.com takes the lead by offering monthly online webinars and a searchable archive of these sessions, which is not available with DooPrime. For beginners just starting out, having access to interactive live webinars and the ability to revisit previous sessions can be incredibly valuable, as it allows for learning at one's own pace.
Additionally, both brokers feature at least ten beginner and advanced educational videos, but FOREX.com goes a step further by offering an investor dictionary with over 50 terms, enhancing the learning experience for newcomers. In terms of ratings, FOREX.com is rated 4.5 stars for education versus DooPrime's 4 stars, and it holds a strong position as the fourth-ranked broker out of 63 in the education category, compared to DooPrime's 25th rank. This impressive ranking highlights the strength of FOREX.com's educational offerings, making it a more favorable option for beginners looking to get a comprehensive understanding of trading.
| Feature |
FOREX.com
|
DooPrime
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than DooPrime. FOREX.com finished with an overall rank of #5, while DooPrime finished with an overall rank of #28.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
DooPrime
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 83 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
When comparing the cryptocurrency offerings of online brokers, FOREX.com allows the purchase of cryptocurrency derivatives but does not offer actual (delivered) cryptocurrency, whereas DooPrime does not provide either option for buying actual cryptocurrencies or derivatives.
FOREX.com and DooPrime both provide options for deposits and withdrawals via PayPal, Visa, Mastercard, and bank wires; however, while FOREX.com supports ACH and SEPA transfers and does not support Skrill, DooPrime offers Skrill but lacks ACH and SEPA transfer options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | FOREX.com | DooPrime | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 83 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
| Broker Screenshots | FOREX.com | DooPrime | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | FOREX.com | DooPrime | |
|---|---|---|---|
| Trust Score | 99 | 83 | |
| Year Founded | 1999 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 4 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | DooPrime | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FOREX.com | DooPrime | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FOREX.com | DooPrime | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 10000 | |
| Forex Pairs (Total) | 80 | 60 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | No | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FOREX.com | DooPrime | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.4 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | DooPrime | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FOREX.com | DooPrime | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FOREX.com | DooPrime | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 20 | 7 | |
| Charting - Indicators / Studies (Total) | 88 | 30 | |
| Charting - Drawing Tools (Total) | 239 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | DooPrime | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FOREX.com | DooPrime | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | DooPrime | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FOREX.com | DooPrime | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FOREX.com Review |
| Overall | FOREX.com | DooPrime | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 83 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill