Written by ForexBrokers.com
In this head to head comparison of DooPrime vs FXPrimus, 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 comparing online brokers, DooPrime and FXPrimus, it's essential to consider their regulatory backgrounds and trustworthiness. DooPrime, established in 2014, stands out with a Trust Score of 83 on ForexBrokers.com, placing it in the trusted category. The broker is not publicly traded nor is it a bank, but it holds 4 Tier-1 licenses, making it a solid choice for those seeking a broker with strong regulatory backing.
On the other hand, FXPrimus, founded in 2009, has a Trust Score of 71, indicating an average risk. Similar to DooPrime, FXPrimus is neither publicly traded nor a bank. It holds 1 Tier-1 license, which also provides a measure of safety. While both brokers present viable options, DooPrime may appeal more to those prioritizing regulatory assurance and a higher trust level.
| Feature |
DooPrime
|
FXPrimus
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing DooPrime and FXPrimus in terms of commissions and fees, there are notable differences in their ratings and rankings. DooPrime holds a 3-star rating in this category. With a ranking of #59 out of 63 brokers according to ForexBrokers.com, DooPrime's commission and fee structure may not be its strongest feature.
On the other hand, FXPrimus excels in this aspect with a 4-star rating. This higher rating reflects a more favorable fee structure, placing FXPrimus at a competitive position. It ranks #42 out of the 63 brokers reviewed by ForexBrokers.com, indicating better overall performance compared to DooPrime.
| Feature |
DooPrime
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| 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 | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Choosing between DooPrime and FXPrimus for your investment needs boils down to the available range of products each broker offers. DooPrime boasts an impressive array of 10,000 tradable symbols and 60 forex pairs, providing significant variety for traders looking to diversify their portfolios. Additionally, DooPrime allows direct investment in U.S. and international exchange-traded securities, such as Apple and Vodafone shares, respectively, granting investors broader access to global markets. Though they do not offer cryptocurrency derivatives or actual cryptocurrencies, their offerings have earned them a high rating of 5 stars for Range of Investments and a commendable 12th place ranking from ForexBrokers.com.
On the other hand, FXPrimus provides 140 tradable symbols, including 42 forex pairs, which, while more limited compared to DooPrime, may still cater to traders focused on these areas. Unlike DooPrime, FXPrimus does not offer direct access to exchange-traded securities on U.S. or international markets. However, they do stand out by providing cryptocurrency derivatives, allowing traders to engage with this digital asset class in a different form. Their Range of Investments is rated at 3.5 stars, placing them 59th according to ForexBrokers.com. Both platforms support copy trading, offering additional strategies for those who prefer following seasoned investors' trades.
| Feature |
DooPrime
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 140 |
| Forex Pairs (Total) | 60 | 42 |
| 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 comparing DooPrime and FXPrimus for trading platforms and tools, both brokers provide a comprehensive trading experience with a wide array of options suitable for various trading styles. Each offers a free virtual demo account, allowing traders to explore the platforms without financial risk. Both brokers have developed their own proprietary platforms as well as support universally preferred options like MetaTrader 4 and 5, ensuring traders have access to industry-standard tools. They also feature desktop and web-based platforms, along with copy trading capabilities. However, neither broker offers DupliTrade or ZuluTrade, yet they excel in charting, supporting direct trades from charts and offering an extensive selection of 15 drawing tools, with 7 configurable fields for watch lists.
Despite their similarities, distinctions in ranking and ratings shed light on nuanced differences. Both DooPrime and FXPrimus earn a respectable four stars for their trading platforms and tools. Nevertheless, DooPrime distinguishes itself with a higher ranking, holding the 25th spot among 63 brokers, while FXPrimus is placed at 49th. This suggests that while both brokers provide strong trading environments, DooPrime may offer slight advantages in terms of efficiency and overall user satisfaction as reflected in broader industry rankings. Such insights can guide traders in making informed choices tailored to their trading needs.
| Feature |
DooPrime
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| 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 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both DooPrime and FXPrimus offer comprehensive solutions for traders using iPhone and Android devices. These platforms provide essential features, including price alerts and the ability to view different time frames on stock and forex charts, such as daily or weekly views. They also support drawing trendlines, auto-saving chart drawings, and offering 30 technical studies for detailed analysis. Although both apps allow for creating watchlists with real-time quotes, neither has watchlist symbol syncing across platforms.
DooPrime and FXPrimus are rated equally at four stars for their mobile trading apps. However, there is a distinction in their rankings according to ForexBrokers.com, where DooPrime stands at a respectable 25th place out of 63 brokers, while FXPrimus ranks 48th. This indicates that while both provide solid mobile trading capabilities, DooPrime is recognized as having a slight edge in overall functionality and user satisfaction.
| Feature |
DooPrime
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| 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.
When comparing the market research offerings of DooPrime and FXPrimus, there are several key differences to consider. Both platforms provide daily market commentary and feature economic calendars that highlight global news events. However, DooPrime stands out by offering forex news from top-tier sources like Bloomberg and Reuters, a service that FXPrimus does not provide. Additionally, DooPrime offers technical analysis tools from Trading Central, whereas FXPrimus does not incorporate tools from this provider.
In terms of ratings and rankings for research features, DooPrime scores 4 out of 5 stars, positioning it at the 29th spot among 63 brokers according to ForexBrokers.com. In contrast, FXPrimus receives 3 out of 5 stars, ranking 58th. Both brokers do not offer tools from Autochartist, Acuity Trading, or sentiment-based trading tools, which may influence traders seeking these specific resources. Overall, DooPrime's slightly higher ranking and broader access to premium news sources make it a more comprehensive choice for market research in online trading.
| Feature |
DooPrime
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | 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 for beginners at DooPrime and FXPrimus, both online brokers provide a solid foundation with more than ten educational pieces like articles, videos, and archived webinars focused on forex or CFDs. However, they diverge when it comes to other learning opportunities. FXPrimus excels by offering monthly online educational webinars and a searchable archive of recorded sessions, beneficial for users who prefer interactive learning and accessing past content on vital trading topics.
On the other hand, DooPrime stands out with its substantial collection of beginner videos dedicated to trading topics, an excellent resource for those starting their trading journey. For more experienced traders, DooPrime also provides over ten advanced educational videos. While neither broker offers an investor dictionary with terms explained, DooPrime's educational offerings have earned it a higher rating of four stars compared to FXPrimus's three stars. In rankings by ForexBrokers.com, DooPrime is positioned at #25, well above FXPrimus at #51, showcasing its superior educational resources for both beginner and advanced traders.
| Feature |
DooPrime
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | No |
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 FXPrimus. DooPrime finished with an overall rank of #28, while FXPrimus finished with an overall rank of #53.
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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FXPrimus
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 71 |
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When comparing online brokers DooPrime and FXPrimus, neither offers the ability to buy actual (delivered) cryptocurrency, but only FXPrimus provides the option to purchase cryptocurrency derivatives.
Comparing the online brokers DooPrime and FXPrimus, neither offers ACH or SEPA transfers for account funding, but DooPrime supports PayPal while FXPrimus does not, both brokers accept Skrill and major credit cards like Visa or Mastercard, and they each facilitate transactions through bank wires.
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 | FXPrimus | |
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| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
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| Broker Screenshots | DooPrime | FXPrimus | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
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| Regulation | DooPrime | FXPrimus | |
|---|---|---|---|
| Trust Score | 83 | 71 | |
| Year Founded | 2014 | 2009 | |
| 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 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | DooPrime | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 140 | |
| Forex Pairs (Total) | 60 | 42 | |
| 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 | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | DooPrime | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| 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 | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | DooPrime | FXPrimus | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | DooPrime | FXPrimus | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| 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 | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | FXPrimus | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | DooPrime | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
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| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
| Review |
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