Written by ForexBrokers.com
In this head to head comparison of OANDA 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.
OANDA and DooPrime, both established online brokers, exhibit different levels of trustworthiness as per ForexBrokers.com ratings. Founded in 1996, OANDA holds a notable Trust Score of 93 out of 99, indicating a high level of trust. This is supported by its possession of seven Tier-1 licenses, the most prestigious type of regulatory approval. On the other hand, DooPrime, established in 2014, has a Trust Score of 83, reflecting a solid level of trust but slightly lower than that of OANDA. DooPrime holds four Tier-1 licenses, which still indicate strong regulatory compliance, yet not as extensive as OANDA's.
Neither OANDA nor DooPrime are publicly traded entities, nor are they banks, keeping their structures more straightforward for potential investors. However, their reliability in terms of regulatory approval underlines their commitment to compliance and security for customers. With both brokerages sharing no Tier-2 licenses, prospective clients might view the breadth of Tier-1 licenses as a key differentiator. OANDA's longer market presence and higher Trust Score might appeal to those prioritizing an extensive regulatory framework, while DooPrime presents a robust trusted option with solid credentials.
| Feature |
OANDA
|
DooPrime
|
|---|---|---|
| Year Founded | 1996 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 4 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
Comparing commissions and fees, OANDA earns 4 stars and ranks #35 out of 63 at ForexBrokers.com, while DooPrime earns 3 stars and ranks #60. OANDA’s trading costs tend to be on the higher side, but its pricing details are clearly explained. DooPrime does not publish average spread data, which makes head-to-head cost comparisons harder.
OANDA’s standard (commission-free) pricing showed an average spread of 1.61 pips on EUR/USD in July 2024. Its Core Pricing account lowers the spread (e.g., about 0.4 pips on EUR/USD) but adds a $5 per side commission per $100,000 traded (about $10 per round turn), bringing the all-in cost to roughly 1.4 pips in this example—slightly better than the default 1.6 pips. Core Pricing requires a $10,000 minimum deposit. OANDA also allows very small trade sizes (down to 1 unit), offers volume-based rebates of $5–$17 per million for active traders in select regions, and publishes trailing average spreads for greater transparency, though not fixed-period averages.
For DooPrime, average spread data is not available. If you’re evaluating total cost, consider the commission per lot (if any), swap/overnight financing, possible inactivity charges, and deposit/withdrawal fees. The lack of published average spreads means your real-world costs may be harder to estimate in advance compared with OANDA’s disclosed figures.
| Feature |
OANDA
|
DooPrime
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.69 | N/A |
| All-in Cost EUR/USD - Active | 1.69 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments at OANDA vs DooPrime, both brokers support forex trading via CFDs or spot and offer copy trading. OANDA lists 4,172 tradeable symbols and 69 currency pairs, while DooPrime offers a larger menu with 10,000 tradeable symbols and 60 currency pairs. Both let you trade exchange‑listed securities (not CFDs) on U.S. markets like NASDAQ as well as international exchanges.
Crypto access is a key differentiator: OANDA supports both real (delivered) cryptocurrency and crypto CFDs, whereas DooPrime does not offer either. On overall breadth, ForexBrokers.com rates OANDA 4/5 stars (ranked 28th of 63) and DooPrime 5/5 stars (13th of 63). In short, choose DooPrime for sheer market variety, or pick OANDA if you want both real crypto and crypto CFD trading alongside a solid selection of markets.
| Feature |
OANDA
|
DooPrime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 10000 |
| Forex Pairs (Total) | 69 | 60 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | 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.
Comparing OANDA vs DooPrime for trading platforms and tools, both brokers check the key boxes: each offers a free demo (paper) account, an in-house proprietary platform, a Windows desktop platform, a web-based platform, and the option to trade directly from charts. They also support copy trading and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), making either choice appealing if you want familiar software alongside a broker’s own platform.
In independent evaluations, both brokers earned 4 stars for Platforms and Tools. However, OANDA ranks higher overall in this category with a #15 placement out of 63 brokers on ForexBrokers.com, while DooPrime sits at #25. If you want slightly stronger third-party recognition, OANDA has the edge; if you’re focused on having similar platform breadth—including MT4, MT5, web and desktop access, copy trading, and chart-based trading—both OANDA and DooPrime deliver.
| Feature |
OANDA
|
DooPrime
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 89 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and DooPrime both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, 30 technical studies for charting, trendline drawing, and automatic saving of chart annotations. One limitation they share is watchlist symbol syncing: changes made on mobile do not sync with the online account, so watchlists must be managed separately on each device.
Where they differ is in recognition and ratings. OANDA’s mobile app earns 5 stars and ranks #7 out of 63 brokers at ForexBrokers.com, while DooPrime’s app holds 4 stars and ranks #25. If you want a higher-rated mobile experience for trading forex (and analyzing stocks), OANDA has the edge. If you’re fine with the core tools and features being on par, DooPrime remains a solid alternative.
| Feature |
OANDA
|
DooPrime
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
OANDA and DooPrime both cover the essentials for market research: each delivers daily market commentary, streams forex news from major outlets like Bloomberg, Reuters, and Dow Jones, and provides a global economic calendar. For tools, OANDA includes Autochartist and a handy sentiment gauge that shows long/short ratios across instruments, while DooPrime opts for Trading Central instead and does not offer Autochartist or a sentiment tool. OANDA does not integrate TipRanks or Acuity Trading; availability of those for DooPrime wasn’t specified.
In independent ratings, OANDA earns 5 stars for Research and ranks 4th out of 63 brokers, while DooPrime scores 4 stars and ranks 30th. If you value Autochartist screening and sentiment data, OANDA is the stronger pick; if you prefer Trading Central’s analytics, DooPrime is a solid choice. Both brokers keep traders informed with daily insights, premium news, and timely calendar updates.
| Feature |
OANDA
|
DooPrime
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both OANDA and DooPrime offer plenty of forex and CFD education for newcomers. Each broker provides at least 10 beginner videos and at least 10 advanced videos, making it easy to learn at your own pace. A key difference is webinars: OANDA hosts online educational client webinars at least once a month, while DooPrime does not. If live sessions and the chance to ask questions matter to you, OANDA has the edge. If you prefer on-demand videos without live events, DooPrime still delivers strong coverage of core trading topics.
In third‑party reviews, OANDA earns 5 stars for Education and ranks #19 out of 63 brokers on ForexBrokers.com. DooPrime earns 4 stars and ranks #25 out of 63. For beginners who want structured learning plus live guidance, OANDA is the better pick; for those who mainly want a solid video library to study anytime, DooPrime is a good alternative.
| Feature |
OANDA
|
DooPrime
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that OANDA is better than DooPrime. OANDA finished with an overall rank of #12, while DooPrime finished with an overall rank of #28.
A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.
| Feature |
OANDA
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DooPrime
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|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 83 |
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In the OANDA vs DooPrime comparison for cryptocurrency trading, OANDA lets you buy actual (delivered) cryptocurrencies and trade crypto CFDs, while DooPrime offers neither actual crypto purchases nor crypto CFDs.
OANDA vs DooPrime: OANDA supports ACH/SEPA, PayPal, Skrill, and bank wire deposits and withdrawals, while DooPrime does not support ACH/SEPA and its support for PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
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 | OANDA | DooPrime | |
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| Trust Score | 93 | 83 | |
| Winner | check_circle | ||
| Review | OANDA Review |
| Broker Screenshots | OANDA | DooPrime | |
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| Regulation | OANDA | DooPrime | |
|---|---|---|---|
| Trust Score | 93 | 83 | |
| Year Founded | 1996 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 4 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | OANDA | 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) | |||
| 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) | OANDA | DooPrime | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | OANDA | DooPrime | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 10000 | |
| Forex Pairs (Total) | 69 | 60 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | 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 | OANDA | DooPrime | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.69 | N/A | |
| All-in Cost EUR/USD - Active | 1.69 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | OANDA | DooPrime | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | OANDA | DooPrime | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | OANDA | DooPrime | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | DooPrime | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | OANDA | DooPrime | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | DooPrime | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | OANDA | DooPrime | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | OANDA Review |
| Overall | OANDA | DooPrime | |
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| Trust Score | 93 | 83 | |
| Winner | check_circle | ||
| Review | OANDA Review |
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