Written by ForexBrokers.com
In this head to head comparison of DooPrime vs FXGT.com, 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.
When considering trusted online brokers, DooPrime and FXGT.com stand out from one another in terms of regulatory standing and trust scores. Founded in 2014, DooPrime carries a strong reputation with a Trust Score of 83 out of 99, rated as "trusted." This is bolstered by its four Tier-1 licenses, which categorize it as a broker with highly trusted regulatory credentials according to ForexBrokers.com. Despite not being publicly traded or operating as a bank, DooPrime offers a dependable option for those looking for a broker with high levels of assurance.
FXGT.com, established in 2019, has a ForexBrokers.com Trust Score of 69, signaling a "high risk" broker with fewer regulatory protections. It holds one Tier-1 and one Tier-2 license, providing a moderate level of trust; however, it still falls behind DooPrime in terms of highly trusted licensing. Like its counterpart, FXGT.com is neither publicly traded nor a bank, and while it offers some regulatory oversight, potential traders might find it less appealing due to its relatively lower trust rating.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Year Founded | 2014 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 2 |
When comparing the commissions and fees of online brokers DooPrime and FXGT.com, there are notable differences to consider. Both brokers have been rated for their cost-efficiency, with DooPrime receiving a 3-star rating and FXGT.com achieving a slightly higher score of 3.5 stars. This indicates that FXGT.com generally offers a more competitive fee structure according to ForexBrokers.com.
Rankings further differentiate these brokers. DooPrime is positioned at #59 out of 63 brokers in the Commissions and Fees category, suggesting room for improvement in cost-effectiveness. Conversely, FXGT.com holds the #56 spot, reflecting a slightly more favorable standing in terms of expenses associated with trading.
While specific average spread data is not provided for either broker, these rankings and ratings offer a general view of how the fees stack up. Investors might consider these differences in performance to assess which platform better aligns with their trading cost preferences.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $100 | $5 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investment options between DooPrime and FXGT.com, DooPrime clearly stands out with its extensive offerings. DooPrime provides access to 10,000 tradeable symbols, which significantly eclipses FXGT.com's mere 117. Both platforms offer CFD and spot contract trading for forex; however, DooPrime has an edge with 60 tradeable forex pairs compared to FXGT's 53. Additionally, DooPrime allows clients to invest in exchange-traded securities on U.S. and international exchanges, enabling the purchase of shares like Apple and Vodafone. In contrast, FXGT.com does not provide this opportunity.
For those interested in cryptocurrency investments, neither DooPrime nor FXGT.com supports the purchase of actual cryptocurrencies. However, FXGT.com allows investing in cryptocurrency derivatives, unlike DooPrime. Both platforms do offer copy trading capabilities. Overall, DooPrime is rated 5 stars for its investment range and ranks 12th out of 63 brokers on ForexBrokers.com, underscoring its extensive variety. Meanwhile, FXGT.com receives a 3-star rating, ranking 61st, indicating a more limited investment portfolio.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 117 |
| Forex Pairs (Total) | 60 | 53 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | No | Yes |
| 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 online brokers, DooPrime and FXGT.com both provide solid platforms for traders at all experience levels, offering virtual demo accounts for those who want to practice before committing real funds. Both brokers support popular choices like MetaTrader 4 and MetaTrader 5, ensuring accessibility and familiarity. DooPrime, however, steps ahead with a proprietary platform developed in-house, expanding options for traders looking for unique features tailored specifically by the broker. The two brokers also provide both web-based and Windows desktop platforms, catering to different user preferences.
In the realm of trading tools, both DooPrime and FXGT.com support direct trading from stock charts and offer the popular copy trading feature, although neither supports DupliTrade or ZuluTrade. DooPrime offers a selection of 15 drawing tools, whereas FXGT.com provides a slightly higher number of 23, giving traders a broader range of chart customization. In terms of watch lists, DooPrime provides more customization with seven columns compared to FXGT.com's five. Despite having similar 4-star ratings for trading platforms and tools, DooPrime is ranked higher at #25 by ForexBrokers.com, compared to FXGT.com's rank of #56 out of 63 brokers, indicating a generally more favorable reception of DooPrime’s trading offerings.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 37 |
| Charting - Drawing Tools (Total) | 15 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When choosing a mobile trading platform, both DooPrime and FXGT.com stand out with their offerings for iPhone and Android users. Both brokers provide handy features like price alerts, allowing traders to stay updated on shifts in the stock or forex markets. With 30 technical studies available, users can perform detailed analyses on trading charts. Additionally, both platforms let you draw trend lines and access various time frames such as daily or weekly views. Notably, the convenience of auto-saving drawings is available on both apps, ensuring that your work is preserved for future review.
Despite these similarities, FXGT.com takes the lead with watchlist symbol syncing, enabling the seamless integration of watchlists across mobile and online accounts. This is an area where DooPrime falls short. However, DooPrime is rated slightly higher with four stars for mobile trading apps compared to FXGT.com's 3.5 stars. When looking at rankings, DooPrime achieves a higher position (#25) compared to FXGT.com (#58) out of 63 brokers reviewed by ForexBrokers.com. For traders prioritizing app synchronization, FXGT.com is a great choice, while those seeking higher-rated app performance might lean towards DooPrime.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 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.
In the realm of market research tools, DooPrime offers a compelling suite of features that outshine FXGT.com. Clients of DooPrime can enjoy daily market commentary and benefit from forex news sourced from renowned platforms such as Bloomberg and Reuters. Additionally, users have access to advanced analysis tools through Trading Central, known for delivering comprehensive technical insights. An economic calendar is also available, ensuring traders stay informed about global events. With a research rating of 4 stars, DooPrime ranks #29 out of 63, positioning itself as a strong contender in the research category.
While FXGT.com provides some useful resources such as an economic calendar and a sentiment-based trading tool to gauge market sentiments, it lacks in other areas. The absence of daily market commentary and top-tier forex news services might be seen as a downside for those seeking comprehensive market insights. Despite this, the broker has its own strengths, offering a practical sentiment-based trading tool that DooPrime does not. However, with a research rating of 3 stars and a position of #56 out of 63 in rankings, FXGT.com trails behind in research offerings compared to DooPrime.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners exploring forex or CFDs trading, DooPrime clearly stands out. The platform offers a significant range of educational content, boasting a minimum of 10 insightful pieces including articles, videos, and more, aimed specifically at forex and CFDs learners. Additionally, DooPrime provides over 10 beginner-friendly videos designed to help newcomers grasp the essentials of trading. They also cater to more experienced traders with advanced educational videos, which allows traders to continue developing their skills as their experience grows. Although DooPrime does not offer online webinars or an investor dictionary, its commitment to educational content is reflected in its impressive 4-star education rating and #25 rank among 63 brokers on ForexBrokers.com.
FXGT.com, on the other hand, lags in educational offerings compared to DooPrime. It does not meet the minimum threshold of providing 10 educational pieces focused on forex or CFDs, and also lacks beginner-friendly videos covering essential trading topics. While FXGT.com offers an investor dictionary that includes definitions of over 50 investing terms, it doesn't elevate its overall educational resources sufficiently to compete with DooPrime. FXGT.com's educational initiatives are reflected in its 3-star education rating and a lower rank of #60 among 63 brokers evaluated by ForexBrokers.com. For beginners prioritizing comprehensive educational resources, DooPrime presents a stronger choice, providing a wealth of learning opportunities to start their trading journey confidently.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that DooPrime is better than FXGT.com. DooPrime finished with an overall rank of #28, while FXGT.com finished with an overall rank of #59.
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.
| Feature |
DooPrime
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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 69 |
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While both DooPrime and FXGT.com do not offer the option to purchase actual cryptocurrencies, FXGT.com distinguishes itself by providing the ability to trade cryptocurrency derivatives, which DooPrime does not.
When comparing the online brokers DooPrime and FXGT.com, DooPrime accepts PayPal, Skrill, Visa, Mastercard, and bank wires but not ACH or SEPA transfers, whereas FXGT.com facilitates ACH, SEPA, Visa, Mastercard, and bank wires but does not support PayPal or Skrill.
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.
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0 of 5| Overall Rating | DooPrime | FXGT.com | |
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| Trust Score | 83 | 69 | |
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| Broker Screenshots | DooPrime | FXGT.com | |
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| Regulation | DooPrime | FXGT.com | |
|---|---|---|---|
| Trust Score | 83 | 69 | |
| Year Founded | 2014 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 2 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | DooPrime | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | DooPrime | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 117 | |
| Forex Pairs (Total) | 60 | 53 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | No | Yes | |
| 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 | DooPrime | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | DooPrime | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $100 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | DooPrime | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | DooPrime | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Drawing Tools (Total) | 15 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | DooPrime | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 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 | DooPrime | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | DooPrime | FXGT.com | |
|---|---|---|---|
| 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 |
| Overall | DooPrime | FXGT.com | |
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| Trust Score | 83 | 69 | |
| Winner | check_circle | ||
| Review |
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