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 | N/A | 0.81 |
| 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 | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
DooPrime and Spreadex each offer about 10,000 tradeable instruments and both support forex trading via CFDs or spot contracts. If currency variety is a priority, DooPrime lists 60 forex pairs, compared with 52 at Spreadex.
For stocks, DooPrime stands out by allowing direct share dealing (not CFDs) on both U.S. and international exchanges, while Spreadex does not offer exchange-traded shares. Neither broker sells actual cryptocurrency, but Spreadex does provide crypto derivatives, whereas DooPrime does not. DooPrime also supports copy trading, which Spreadex lacks. Both earned 5 stars for Range of Investments from ForexBrokers.com, with DooPrime ranked #13 and Spreadex close behind at #14 out of 63 brokers.
| Feature |
DooPrime
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 10000 |
| Forex Pairs (Total) | 60 | 52 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | No |
| 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.
DooPrime and Spreadex both provide free demo (paper) trading and offer their own proprietary platforms. Each has a web-based platform, but only DooPrime adds a Windows desktop download. Platform choice is wider at DooPrime thanks to MetaTrader 4 and MetaTrader 5 support, along with copy trading. Spreadex does not support MT4/MT5 or copy trading, and neither broker connects to DupliTrade or ZuluTrade.
For charting, both let you trade directly from charts; DooPrime lists 15 drawing tools versus 11 at Spreadex, while indicator totals were not provided. Watchlists include 7 columns at DooPrime and 8 at Spreadex. Both earn 4 out of 5 stars for Trading Platforms and Tools, but ForexBrokers.com ranks DooPrime higher (#25 of 63) than Spreadex (#47 of 63). Choose DooPrime if you want more platform options and copy trading, or Spreadex if you’re focused on a straightforward web platform with slightly more watchlist fields.
| Feature |
DooPrime
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Drawing Tools (Total) | 15 | 11 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
DooPrime and Spreadex both offer full-featured mobile trading apps for iPhone and Android, including price alerts, real-time watchlists, trendline drawing, and multiple chart time frames. Each app holds a 4-star rating for Mobile Trading Apps. That said, ForexBrokers.com ranks DooPrime higher in this category (#25 out of 63 brokers) compared with Spreadex (#47 out of 63), which may reflect differences in charting depth and workflow.
DooPrime lists 30 technical studies in its mobile charts and automatically saves your chart drawings; Spreadex doesn’t disclose its indicator count and doesn’t auto-save drawings. Neither broker syncs watchlist symbols between the mobile app and your online account. If you rely on indicators and saved annotations, DooPrime has the edge. If your needs are basic—alerts, watchlists, and simple charting—both apps get the job done on iOS and Android.
| Feature |
DooPrime
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both DooPrime and Spreadex provide a solid foundation by offering a substantial collection of materials focused on forex and CFD trading. Each platform supplies over ten educational pieces, including articles and videos, ensuring that newcomers have ample content to start learning. Moreover, both brokers cater to beginners with a selection of over ten beginner-focused trading videos, making it easy for new traders to find content relevant to their learning stage.
Despite the similarities, there are notable differences that may sway a beginner trader's choice. DooPrime goes a step further by offering advanced educational videos for more experienced traders, while Spreadex does not. On the other hand, Spreadex offers a helpful investor dictionary with more than 50 investing term definitions, enhancing the learning experience with valuable terminology explanations not found on DooPrime. While both platforms are rated four stars for educational offerings, DooPrime is ranked higher (#25) in the Education category compared to Spreadex (#45), according to ForexBrokers.com, suggesting a slight edge in their educational approach.
| Feature |
DooPrime
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
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
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Spreadex
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|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 71 |
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When comparing online brokers DooPrime and Spreadex, neither platform offers the option to purchase actual (delivered) cryptocurrency, but while DooPrime also lacks cryptocurrency derivatives, Spreadex provides the capability to trade in cryptocurrency derivatives.
While both DooPrime and Spreadex offer Visa, Mastercard, and bank wire options for depositing and withdrawing funds, DooPrime additionally accepts PayPal and Skrill, whereas Spreadex does not support these e-wallet services, and neither platform 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 | DooPrime | Spreadex | |
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| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
| Broker Screenshots | DooPrime | Spreadex | |
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| 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/Central Bank 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.81 | |
| 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 | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | DooPrime | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | DooPrime | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 8 | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Drawing Tools (Total) | 15 | 11 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | DooPrime | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | DooPrime | Spreadex | |
|---|---|---|---|
| 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 | Spreadex Review |
| Overall | DooPrime | Spreadex | |
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| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
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