Written by ForexBrokers.com
In this head to head comparison of Markets.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.
Markets.com and DooPrime are both well-regarded online brokers, though they differ in the level of regulatory trust they command. Established in 1999, Markets.com holds a ForexBrokers.com Trust Score of 93, reflecting its status as a highly trusted broker. This is backed by its three Tier-1 licenses and one Tier-2 license. On the other hand, DooPrime, founded in 2014, has a Trust Score of 83, placing it in the trusted category. It boasts four Tier-1 licenses, indicative of its credible regulatory standing despite lacking Tier-2 licenses.
Neither Markets.com nor DooPrime is publicly traded or operates as a bank, yet both have strategically utilized licensing to instill confidence among traders. Markets.com's longer tenure in the industry may contribute to its higher trust rating, while DooPrime's focus on obtaining more Tier-1 licenses demonstrates its commitment to regulation. Both brokers offer secure environments for online trading, but Markets.com marginally leads in trustworthiness according to ForexBrokers.com metrics.
| Feature |
Markets.com
|
DooPrime
|
|---|---|---|
| Year Founded | 1999 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 4 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
When comparing Markets.com and DooPrime, it’s important to look at how they handle commissions and fees, especially since average spread data isn't available for either. Markets.com earns a slightly higher rating, clocking in at 3.5 out of 5 stars in this category. ForexBrokers.com ranks Markets.com at #50 out of 63 brokers for its commission and fee structure, reflecting a somewhat competitive fee model in the industry.
On the other hand, DooPrime scores 3 out of 5 stars for commissions and fees, indicating a more modest approach in terms of cost-effectiveness. ForexBrokers.com ranks DooPrime at #59 among 63 brokers, suggesting that while it’s functional, it might not offer the competitive edge that traders looking for low cost would prefer.
Overall, Markets.com tends to edge out DooPrime slightly in terms of fees and commissions, making it potentially more appealing for those who prioritize cost. However, both brokers come with unique features that might appeal to different trading styles and needs.
| Feature |
Markets.com
|
DooPrime
|
|---|---|---|
| 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 | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Markets.com and DooPrime for their range of investments, there are key differences to consider. Markets.com provides access to forex trading through both CFDs and spot contracts, offering 57 tradeable forex pairs and a total of 2,179 tradeable symbols. In contrast, DooPrime also supports forex trading via CFDs and spot contracts but significantly expands its offerings with 60 tradeable forex pairs and a vast selection of 10,000 tradeable symbols overall. For those interested in purchasing exchange-traded securities, DooPrime stands out by enabling clients to buy shares on both U.S. and international exchanges, while Markets.com does not offer this feature. Furthermore, while both brokers provide copy trading options, only Markets.com offers the ability to trade cryptocurrency derivatives.
Given these offerings, it's not surprising that DooPrime is rated higher for its range of investments, earning a 5-star rating compared to Markets.com’s 4 stars. This wider assortment places DooPrime at 12th out of 63 brokers according to ForexBrokers.com, whereas Markets.com ranks 29th. For investors seeking a broader variety of tradeable assets, particularly in exchange-traded securities, DooPrime emerges as the more favorable option between the two, providing a comprehensive investment platform that caters to diverse trading strategies and preferences.
| Feature |
Markets.com
|
DooPrime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 10000 |
| Forex Pairs (Total) | 57 | 60 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | 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 online brokers for trading platforms and tools, both Markets.com and DooPrime stand out with similar offerings. Each broker provides traders with the opportunity to practice risk-free with a virtual demo account, and both have developed their own proprietary platforms. Additionally, they support well-known platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), available on both desktop and web-based systems. While copy trading is available with both brokers, features like DupliTrade and ZuluTrade are not offered by either. Despite having a 4-star rating for their trading platforms and tools, Markets.com is ranked 27th out of 63 brokers by ForexBrokers.com, just slightly behind DooPrime, which is ranked 25th.
In terms of charting capabilities, Markets.com offers 4 drawing tools, whereas DooPrime provides a more extensive set of 15 drawing tools, along with the ability to trade directly from a stock chart, which Markets.com lacks. DooPrime also edges ahead with a watch list that allows for more customization, featuring 7 columns as opposed to Markets.com's 6. These subtle differences in trading tools and the ability to personalize trading experiences may be the deciding factors for traders choosing between these two brokers.
| Feature |
Markets.com
|
DooPrime
|
|---|---|---|
| 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) | 89 | 30 |
| Charting - Drawing Tools (Total) | 4 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Markets.com and DooPrime, both brokers cater to iPhone and Android users with dedicated apps. They provide essential features like stock and forex price alerts and have the capability to create watchlists with real-time quotes. However, a notable difference lies in the synchronization of watchlists with client's online accounts; Markets.com offers this feature, whereas DooPrime does not. In terms of charting, DooPrime shines with 30 technical studies available and offers the flexibility to view different time frames, features that Markets.com lacks. Additionally, DooPrime's app automatically saves chart drawings, providing an edge for traders who value detail retention, a function not available on Markets.com's app.
Despite these differences, both platforms receive a solid rating of 4 out of 5 stars for their mobile trading apps. However, DooPrime ranks slightly higher at number 25 compared to Markets.com's position at number 33 out of 63 brokers, according to ForexBrokers.com. Traders may find these insights useful when choosing between these brokers, especially those who prioritize charting features and watchlist syncing in their mobile trading experience.
| Feature |
Markets.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 | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Markets.com and DooPrime both provide solid services for traders interested in market research, offering daily market commentary and forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones. While both brokers deliver these essential features, Markets.com distinguishes itself by including a sentiment-based trading tool that shows the ratio of long to short positions across different currency pairs. In contrast, DooPrime excels by integrating technical analysis tools from Trading Central, which Markets.com does not offer. Neither broker offers market research through TipRanks or provides research tools from Acuity Trading. However, traders can rely on each platform’s economic calendar, which presents global news events that may impact various economies.
Rated evenly with four out of five stars for research by ForexBrokers.com, Markets.com and DooPrime deliver commendable insights for traders. Nevertheless, Markets.com ranks higher overall, securing the 17th position among 63 brokers, while DooPrime is positioned at 29th. This difference may guide traders who prioritize comprehensive research tools in their decision-making process when selecting a broker. While both platforms present valuable features, traders should consider their unique research needs, such as sentiment analysis or advanced technical tools, to choose the platform that best aligns with their trading strategies.
| Feature |
Markets.com
|
DooPrime
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | 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 it comes to educational resources for beginners, Markets.com and DooPrime offer quite different experiences. Markets.com provides regular monthly client webinars, which serve as live interactive sessions to help beginners understand trading concepts. Although it lacks a searchable archive for these webinars, beginners can benefit from their collection of over 10 educational videos targeting new traders. However, Markets.com does not offer a comprehensive package on forex or CFDs education, as it provides fewer than 10 educational pieces focused on these topics, and there's currently no investor dictionary available.
On the other hand, DooPrime shines with its extensive library of over 10 educational pieces centering on forex or CFDs, which is a great stepping stone for those starting in the trading world. While DooPrime does not host live client webinars or a recorded archive, it matches Markets.com in providing over 10 beginner educational videos. Unfortunately, like Markets.com, DooPrime also lacks an investor dictionary. Both platforms have similar ratings, with 4 stars in the Education category, yet DooPrime ranks higher at #25 compared to Markets.com's #34 out of 63 brokers according to ForexBrokers.com. This suggests that DooPrime might have a slight edge in terms of overall educational value for beginners.
| Feature |
Markets.com
|
DooPrime
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| 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 Markets.com is better than DooPrime. Markets.com finished with an overall rank of #23, while DooPrime finished with an overall rank of #28.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
|
DooPrime
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 83 |
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While neither Markets.com nor DooPrime allow traders to buy actual delivered cryptocurrencies, Markets.com stands out by offering cryptocurrency derivatives, whereas DooPrime does not provide this option.
When comparing the fund deposit and withdrawal options of online brokers Markets.com and DooPrime, both platforms support Skrill, Visa or Mastercard, and bank wires, but only DooPrime offers PayPal, while neither supports ACH or SEPA transfers.
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 | Markets.com | DooPrime | |
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| Trust Score | 93 | 83 | |
| Winner | check_circle | ||
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| Broker Screenshots | Markets.com | DooPrime | |
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| Regulation | Markets.com | DooPrime | |
|---|---|---|---|
| Trust Score | 93 | 83 | |
| Year Founded | 1999 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 4 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | DooPrime | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Markets.com | DooPrime | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Markets.com | DooPrime | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 10000 | |
| Forex Pairs (Total) | 57 | 60 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | 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 | Markets.com | DooPrime | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | DooPrime | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| 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 | Markets.com | DooPrime | |
|---|---|---|---|
| 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 | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Markets.com | DooPrime | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 89 | 30 | |
| Charting - Drawing Tools (Total) | 4 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.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 | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | DooPrime | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | DooPrime | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Markets.com | DooPrime | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review |
| Overall | Markets.com | DooPrime | |
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| Trust Score | 93 | 83 | |
| Winner | check_circle | ||
| Review |
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