Written by ForexBrokers.com
In this head to head comparison of Saxo 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.
Saxo and DooPrime are both online brokers that are not publicly traded on any stock exchange. Saxo, founded in 1992, operates as a bank, while DooPrime, established in 2014, does not. When it comes to regulatory standing, Saxo excels in trustworthiness with a ForexBrokers.com Trust Score of 99 out of 99, placing it in the highly trusted category. In contrast, DooPrime holds a Trust Score of 83, making it a trusted broker but with a slightly lower level of assurance compared to Saxo.
Regarding licensing, Saxo holds seven Tier-1 licenses and one Tier-2 license, bolstering its trust reputation. Meanwhile, DooPrime holds four Tier-1 licenses but lacks any Tier-2 licenses. This makes Saxo a preferred choice for those prioritizing high trust and extensive regulatory backing in their online trading activities. Saxo's long-standing presence in the market and its status as a bank further enhance its appeal for investors seeking reliable and secure trading platforms.
| Feature |
Saxo
|
DooPrime
|
|---|---|---|
| Year Founded | 1992 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 7 | 4 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
On commissions and fees, Saxo is spread-only for forex (no per-trade commission), with one caveat: if you trade under 50,000 units per month, a $3-per-side ticket fee applies. As of November 2023, average EUR/USD spreads were 1.1 pips (Classic), 1.0 pips (Platinum), and 0.9 pips (VIP); minimums ran about 0.2 pips tighter (e.g., Classic minimum 0.9). Classic now has a $0 minimum deposit; Platinum requires $200,000 (AUD 300,000 for Australia forex), and VIP typically needs $1,000,000 or a loyalty upgrade (about $40M in forex volume for Platinum, $167M for VIP, each valid 12 months). Saxo also waives custody fees for share trading if you opt into securities lending. Rating: 5/5 stars for commissions and fees; ranking by ForexBrokers.com: #9 out of 63.
DooPrime does not publish average spread data, so ongoing trading costs are harder to gauge from public information. Rating: 3/5 stars for commissions and fees; ranking by ForexBrokers.com: #60 out of 63.
Bottom line: If you are an active or high-volume trader—or can maintain a large balance—Saxo’s transparent, tiered pricing can be very competitive, while DooPrime’s lack of published averages and lower category ranking signal less clarity on costs. Casual traders should note Saxo’s small ticket fee for very low monthly volumes; otherwise, spreads on Platinum and VIP accounts align more closely with the market than the entry-level Classic account.
| Feature |
Saxo
|
DooPrime
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.1 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Saxo vs DooPrime: both let you trade forex as CFDs or spot, and both give access to exchange‑traded stocks on U.S. and international exchanges, plus copy trading. The big difference is scale. Saxo lists about 70,000 tradeable symbols and 190 forex pairs, while DooPrime offers around 10,000 symbols and 60 forex pairs. That wider selection can matter if you want niche markets alongside major stocks and currencies.
For crypto, neither broker lets you buy actual coins, but Saxo offers cryptocurrency CFDs whereas DooPrime does not. Both earn 5 stars for Range of Investments, yet ForexBrokers.com ranks Saxo higher (#3 of 63) than DooPrime (#13 of 63). If you value the broadest market choice, Saxo stands out; if you need a solid lineup with simpler options, DooPrime can fit the bill.
| Feature |
Saxo
|
DooPrime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 70000 | 10000 |
| Forex Pairs (Total) | 190 | 60 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | 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.
Saxo and DooPrime both give you flexible platform choices for everyday trading. Each online broker offers a proprietary, in-house platform plus a Windows desktop download and a web-based platform. You can place orders directly from charts, practice with a free demo (paper) account, and use copy trading with either broker.
The key difference is MetaTrader. DooPrime supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Saxo does not. For platform quality, ForexBrokers.com rates Saxo 5 stars and ranks it #1 out of 63 brokers for Trading Platforms and Tools; DooPrime earns 4 stars and ranks #25. Choose Saxo if you want a top-rated, broker-built experience; pick DooPrime if you prefer the MT4/MT5 ecosystem alongside copy trading and browser/desktop access.
| Feature |
Saxo
|
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) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 64 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Saxo and DooPrime both offer iPhone and Android trading apps with price alerts, chart drawing tools like trendlines, and auto-saving of your annotations. The big differences show up in charting depth and convenience. Saxo packs 64 technical indicators in its mobile charts versus 30 on DooPrime, and Saxo syncs watchlists with your web platform so symbols you add or edit carry over automatically; DooPrime does not sync watchlists between mobile and web.
Independent ratings also favor Saxo’s mobile experience: ForexBrokers.com gives Saxo 5 stars and ranks it #2 out of 63 brokers for Mobile Trading Apps, while DooPrime earns 4 stars and ranks #25. In short, traders who want richer mobile charting and seamless watchlist syncing may prefer Saxo, while DooPrime delivers the key features—iPhone and Android access, alerts, and saved drawings—for straightforward on-the-go trading.
| Feature |
Saxo
|
DooPrime
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Saxo and DooPrime both deliver daily market commentary, top-tier forex news (from sources like Bloomberg, Reuters, or Dow Jones), and an economic calendar to track key events. Their toolkits differ: Saxo includes Autochartist for technical and fundamental scans and offers a sentiment tool that shows the ratio of long and short positions, while DooPrime integrates Trading Central but does not feature a sentiment tool. Saxo does not include TipRanks or Acuity Trading tools; DooPrime’s support for TipRanks and Acuity Trading is not specified.
For research quality, Saxo earns 5 stars and ranks #1 out of 63 brokers on ForexBrokers.com, while DooPrime holds 4 stars and ranks #30. In short, choose Saxo if you want Autochartist and built-in sentiment insights, or consider DooPrime if Trading Central is a priority—both provide daily insights and trusted news sources to guide your trading.
| Feature |
Saxo
|
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.
Comparing Saxo vs DooPrime for beginner education: both brokers provide at least 10 beginner videos that explain core trading topics, plus 10+ advanced videos for when you’re ready to go deeper. The key difference is live training: Saxo runs monthly client webinars, while DooPrime does not. If you learn best from real-time sessions and Q&A, Saxo has the edge; if you prefer on-demand videos only, both will suit you.
Independent ratings back this up. In the Education category at ForexBrokers.com, Saxo is rated 5 stars and ranks 13th out of 63 brokers, while DooPrime earns 4 stars and ranks 25th. For beginners comparing education on forex and CFDs, Saxo is the stronger pick thanks to ongoing webinars and higher scores, whereas DooPrime remains a good choice if you want video lessons without live events.
| Feature |
Saxo
|
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 Saxo is better than DooPrime. Saxo finished with an overall rank of #3, while DooPrime finished with an overall rank of #28.
Saxo is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities.
| Feature |
Saxo
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DooPrime
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| Trust Score | 99 | 83 |
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Comparing online brokers Saxo vs DooPrime for cryptocurrency trading: neither supports buying actual (delivered) crypto, but Saxo offers cryptocurrency CFDs while DooPrime does not.
Comparing deposit and withdrawal methods at online brokers Saxo and DooPrime: Saxo does not support ACH/SEPA, PayPal, or Skrill but does support bank wire transfers (Visa/Mastercard not specified), while DooPrime also lacks ACH/SEPA and its support for PayPal, Skrill, Visa/Mastercard, and bank wire transfers is unspecified.
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 | Saxo | DooPrime | |
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| Trust Score | 99 | 83 | |
| Winner | check_circle | ||
| Review | Saxo Review |
| Broker Screenshots | Saxo | DooPrime | |
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| Regulation | Saxo | DooPrime | |
|---|---|---|---|
| Trust Score | 99 | 83 | |
| Year Founded | 1992 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | 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 | 0 | 3 |
| Tier-1 Licenses (Highly Trusted) | Saxo | DooPrime | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | Yes | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | 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) | Saxo | DooPrime | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Saxo | DooPrime | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 70000 | 10000 | |
| Forex Pairs (Total) | 190 | 60 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | 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 | Saxo | DooPrime | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.1 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Saxo | DooPrime | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Saxo | DooPrime | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Saxo | DooPrime | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 64 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Saxo | DooPrime | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 64 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Saxo | 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 | Saxo | DooPrime | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Saxo | DooPrime | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Saxo Review |
| Overall | Saxo | DooPrime | |
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| Trust Score | 99 | 83 | |
| Winner | check_circle | ||
| Review | Saxo Review |
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