Written by ForexBrokers.com
In this head to head comparison of DooPrime vs Spreadex, 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 the online brokerages DooPrime and Spreadex, there are several aspects to consider, particularly their founding years and Trust Score ratings. DooPrime launched in 2014, while Spreadex has been around since 1999. Neither company is publicly traded or operates as a bank. In terms of credibility, DooPrime holds a Trust Score of 83 on ForexBrokers.com, placing it in the trusted category. Meanwhile, Spreadex has a Trust Score of 71, classifying it as an average-risk broker.
Examining the regulatory credentials further, DooPrime stands out with four Tier-1 licenses, indicating a high level of trust according to ForexBrokers.com standards. Spreadex, on the other hand, has only one Tier-1 license and possesses no Tier-2 licenses, similar to DooPrime. These regulatory differences highlight DooPrime's potentially stronger trustworthiness in the eyes of those prioritizing regulatory standards.
| Feature |
DooPrime
|
Spreadex
|
|---|---|---|
| Year Founded | 2014 | 1999 |
| 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 | 0 |
DooPrime and Spreadex take different approaches to pricing. DooPrime does not publish average spread data, making it harder to gauge typical trading costs. In contrast, Spreadex provides clear metrics: in January 2024, its average EUR/USD spread was 0.81 pips, and the minimum spread of 0.6 pips was available 60% of the month. If you value transparent, data-backed spreads, Spreadex has the edge.
Ratings and rankings reflect this difference. For commissions and fees, DooPrime is rated 3 out of 5 stars and ranks #60 out of 63 brokers on ForexBrokers.com. Spreadex earns 4 out of 5 stars and ranks #28 out of 63.
Bottom line: Without published average spreads, DooPrime’s day-to-day costs are harder to compare. Spreadex’s documented EUR/USD pricing—0.81 pips on average with frequent access to 0.6 pips—suggests more competitive and consistent spreads for many traders, though actual costs can vary by market conditions and account type.
| Feature |
DooPrime
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | N/A | 0.81 |
| All-in Cost EUR/USD - Active | N/A | 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.
DooPrime and Spreadex both offer forex trading (as CFDs or spot) and each lists about 10,000 tradeable instruments. DooPrime edges ahead on currency choice with 60 forex pairs versus 52 at Spreadex. A major difference is access to real shares: DooPrime lets you buy exchange-traded securities on U.S. markets like NASDAQ as well as international exchanges, while Spreadex does not offer actual share dealing and focuses on derivatives instead.
Extras can also sway your pick. DooPrime supports copy trading, while Spreadex does not. For crypto, neither broker sells delivered coins; however, Spreadex offers cryptocurrency CFDs and DooPrime does not. Both earn a 5-star Range of Investments rating, with ForexBrokers.com ranking DooPrime 13th out of 63 brokers and Spreadex close behind at 14th. Choose DooPrime if you want real share dealing and copy trading alongside a wide market selection; pick Spreadex if crypto CFDs are important to you.
| Feature |
DooPrime
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 10000 |
| Forex Pairs (Total) | 60 | 52 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
DooPrime and Spreadex both check important boxes for traders: each offers a free demo account, a proprietary platform, a web-based trading platform, and the ability to place trades directly from charts. The differences start with platform choice. DooPrime provides a downloadable Windows desktop platform and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus copy trading. Spreadex, by contrast, does not offer a Windows desktop download, MT4, MT5, or copy trading—its focus is its proprietary, browser-based experience.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, but they diverge in category ranking: DooPrime sits at #25 out of 63 brokers on ForexBrokers.com, while Spreadex is #47. In simple terms, pick DooPrime if you want MT4/MT5, copy trading, or a downloadable desktop platform alongside a web interface. Choose Spreadex if you’re comfortable trading in the browser on its proprietary platform and want essentials like chart trading and a free demo account.
| Feature |
DooPrime
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
DooPrime and Spreadex both offer mobile trading apps for iPhone and Android, with price alerts and the ability to draw trendlines on charts. DooPrime stands out for charting depth, offering 30 technical studies (indicators), while the number for Spreadex isn’t specified. Both apps lack watchlist syncing between mobile and the online account. Each earns 4 stars for Mobile Trading Apps, but DooPrime ranks higher with ForexBrokers.com (#25 of 63) compared with Spreadex (#47 of 63).
If you want more charting tools and saved annotations, DooPrime may be the better fit, as it auto-saves chart drawings. Spreadex supports drawing trendlines and alerts but does not auto-save drawings, which could matter if you analyze charts frequently across sessions.
| Feature |
DooPrime
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
In this DooPrime vs Spreadex market research comparison, both brokers deliver daily market commentary and stream forex news from leading sources such as Bloomberg, Reuters, and Dow Jones. Each also provides an economic calendar to track upcoming events. On ForexBrokers.com’s Research category, both earn 4 stars, with DooPrime ranked 30th out of 63 brokers and Spreadex close behind at 32nd.
Their toolsets differ: DooPrime includes Trading Central analytics, while Spreadex offers Autochartist and a sentiment tool that shows the ratio of long and short positions. DooPrime does not include Autochartist or a sentiment gauge; Spreadex does not include Trading Central. Spreadex also does not offer TipRanks or Acuity Trading tools; availability of those providers at DooPrime isn’t specified. If you want Trading Central, DooPrime fits; if you prefer Autochartist pattern scanning plus client sentiment, Spreadex is the better match.
| Feature |
DooPrime
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | No | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
DooPrime and Spreadex both cater to beginners with at least 10 entry-level trading videos focused on forex and CFDs, giving new traders a clear path to get started. Neither broker runs monthly educational webinars, so if you prefer live teaching, you may need to look elsewhere. Information about the total number of forex/CFD articles or archived webinars wasn’t specified.
As you progress, DooPrime pulls ahead with 10+ advanced trading videos, while Spreadex lacks a comparable advanced library. Both are rated 4 out of 5 stars for Education, but DooPrime ranks higher overall (#25 of 63) than Spreadex (#45 of 63) according to ForexBrokers.com. For pure beginners, both are solid; if you want room to grow into more advanced lessons, DooPrime has the edge.
| Feature |
DooPrime
|
Spreadex
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | 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 Spreadex. DooPrime finished with an overall rank of #28, while Spreadex finished with an overall rank of #39.
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
|
Spreadex
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 83 | 71 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
In the DooPrime vs Spreadex comparison, neither broker lets you buy delivered (non-CFD) cryptocurrency, but only Spreadex offers cryptocurrency CFDs while DooPrime does not.
DooPrime vs Spreadex: both lack ACH/SEPA transfers; Spreadex supports bank wire deposits/withdrawals but not PayPal or Skrill, while DooPrime’s support for PayPal, Skrill, Visa/Mastercard, and bank wires—and Spreadex’s Visa/Mastercard support—are 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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | DooPrime | Spreadex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
| Broker Screenshots | DooPrime | Spreadex | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | DooPrime | Spreadex | |
|---|---|---|---|
| Trust Score | 83 | 71 | |
| Year Founded | 2014 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | Spreadex | |
|---|---|---|---|
| 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) | |||
| 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). | No | No |
| Tier-2 Licenses (Trusted) | DooPrime | Spreadex | |
|---|---|---|---|
| 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 | DooPrime | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 10000 | |
| Forex Pairs (Total) | 60 | 52 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 0.81 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | DooPrime | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | DooPrime | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | DooPrime | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | DooPrime | Spreadex | |
|---|---|---|---|
| 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 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | DooPrime | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | ||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | Spreadex | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | DooPrime | Spreadex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Spreadex Review |
| Overall | DooPrime | Spreadex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill