DooPrime vs TeleTrade 2025
In this head to head comparison of DooPrime vs TeleTrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of DooPrime vs TeleTrade, 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.
In the fast-paced world of online trading, choosing a reliable broker is crucial. DooPrime, established in 2014, offers a modern approach with a strong regulatory presence. It holds four Tier-1 licenses, which are highly trusted according to ForexBrokers.com, and has earned a Trust Score of 83, making it a trusted platform. Despite not being publicly traded or a bank, DooPrime's regulatory foundation ensures a secure trading environment for its clients.
TeleTrade, on the other hand, has been in the market since 1994 and offers a more traditional experience. Although it holds just one Tier-1 license, it still provides a dependable trading option with a Trust Score of 71, which indicates an average risk level. Like DooPrime, TeleTrade is neither publicly traded nor a bank. Both brokers have carved out their niches, providing different levels of trust and regulatory assurance to meet varied trader needs.
Feature |
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Year Founded | 2014 | 1994 |
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 |
When comparing the online brokers DooPrime and TeleTrade, the focus on commissions and fees reveals distinct differences. DooPrime has a 3-star rating for its pricing structure, placing it towards the lower end of the spectrum at rank #58 out of 62 brokers in the Commissions and Fees category according to ForexBrokers.com. This implies that while DooPrime does offer financial services, it may not be the most cost-effective option for those prioritizing low fees.
In contrast, TeleTrade provides a more competitive fee structure, earning a 4-star rating for its commissions and fees. Ranked #46 out of 62 brokers, TeleTrade stands out as a more favorable option for traders looking to minimize their trading costs. This higher ranking suggests that TeleTrade may provide a better balance of service charges while still delivering commendable trading options.
Ultimately, when choosing between DooPrime and TeleTrade, traders should consider their budgetary priorities. TeleTrade offers a slight edge in cost savings with a better ranking and higher star rating for commissions and fees, positioning it as the preferable choice of the two for cost-conscious traders.
Feature |
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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 | No | Yes |
ACH or SEPA Transfers | No | No |
PayPal (Deposit/Withdraw) | Yes | No |
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 it comes to the range of investments offered by online brokers, DooPrime and TeleTrade present different choices for traders. DooPrime impresses with its staggering 10,000 tradeable symbols, allowing investors to explore a broad array of options. In contrast, TeleTrade offers 500 tradeable symbols, providing a more focused but limited selection. Both brokers facilitate forex trading through CFDs or spot contracts, with DooPrime offering 60 tradeable forex pairs and TeleTrade just edging ahead with 61 pairs. Importantly, DooPrime provides access to U.S. and international exchange-traded securities, such as Apple and Vodafone, while TeleTrade does not support direct investment in these stocks. Both platforms support copy trading, but neither enables clients to purchase actual cryptocurrencies. TeleTrade, however, does offer cryptocurrency derivatives.
DooPrime receives a higher rating and rank for the range of investments category, earning 5 stars and a #12 ranking from ForexBrokers.com. This higher rating reflects its extensive offerings and broad access to global securities. TeleTrade, on the other hand, receives 3.5 stars and is positioned at #45 in the same category. While TeleTrade might be appealing for those focused on forex and cryptocurrency derivatives, DooPrime's extensive range and accessibility to international markets make it a more versatile option for a wider range of investor interests. As always, potential investors should consider their personal goals and preferences when choosing between these two brokers.
Feature |
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 10000 | 500 |
Forex Pairs (Total) | 60 | 61 |
U.S. Stock Trading (Non CFD) | Yes | No |
Int'l Stock Trading (Non CFD) | Yes | No |
Social Trading / Copy Trading | Yes | Yes |
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 TeleTrade both offer a comprehensive set of trading platforms and tools, making them attractive options for various trading styles. Both brokers provide simulated (paper) trading through free virtual demo accounts, allowing traders to practice without financial risk. DooPrime shines with its proprietary platform developed in-house, a feature absent from TeleTrade, which relies solely on third-party platforms. Both brokers offer Windows-based desktop and web-based trading platforms, ensuring flexibility and access across different devices.
When it comes to advanced trading features, both DooPrime and TeleTrade support popular platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with the capability for copy trading. While TeleTrade offers ZuluTrade, DooPrime does not. Each broker stands equal in offering 15 drawing tools for charting, direct trading from stock charts, and seven fields for watch lists. Rated at 4 stars for their trading platforms and tools, DooPrime ranks higher at #25 compared to TeleTrade's #51, offering a slightly more enhanced trading experience in this category according to ForexBrokers.com.
Feature |
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Virtual Trading (Demo) | Yes | Yes |
Proprietary Platform | Yes | No |
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 | Yes |
Charting - Indicators / Studies (Total) | 30 | 35 |
Charting - Drawing Tools (Total) | 15 | 15 |
Charting - Trade From Chart | Yes | Yes |
Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both DooPrime and TeleTrade offer comprehensive mobile trading apps available for iPhone and Android devices. These apps enable users to receive stock and forex price alerts, ensuring they stay up-to-date with market changes. While neither app allows syncing of watchlists across different platforms, they both let users draw trendlines and auto-save drawings on stock and forex charts. A key difference lies in the number of technical studies available, with TeleTrade offering 35 compared to DooPrime's 30. Both apps support viewing multiple time frames and enable the creation of watchlists with real-time quotes, adding to their functionality for active traders.
In terms of user ratings, both mobile apps scored 4 stars out of 5, reflecting a positive reception among traders. When ranked against 62 other brokers by ForexBrokers.com for mobile trading capabilities, DooPrime comes out slightly ahead, positioned at #24, with TeleTrade closely following at #25. This makes both platforms strong contenders for those seeking efficient mobile trading solutions, with slight nuances that may appeal to different trading preferences.
Feature |
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | Yes |
Watchlist Syncing | No | No |
Mobile Charting - Indicators / Studies | 30 | 35 |
Mobile Charting - Draw Trendlines | Yes | Yes |
Mobile Charting - Multiple Time Frames | Yes | Yes |
Mobile Charting - Drawings Autosave | Yes | Yes |
Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When evaluating the market research offerings of DooPrime and TeleTrade, both brokers provide daily market commentary to keep traders informed on economic trends. These platforms also deliver forex news sourced from well-respected providers like Bloomberg, Reuters, and Dow Jones, ensuring traders have access to the latest updates. However, the differences between the two become apparent with their available research tools. DooPrime integrates Trading Central tools, such as Technical Analytics, providing valuable insights for technical analysis, which TeleTrade does not offer.
Both brokers feature economic calendars that outline global economic events, helping traders plan for market movements. While neither broker includes tools from Autochartist, sentiment-based trading features, or TipRanks research, DooPrime has a slight edge with its 4-star research rating compared to TeleTrade's 3.5 stars. Additionally, DooPrime ranks higher on ForexBrokers.com, coming in at position 29 out of 62 brokers, as opposed to TeleTrade's rank of 38, indicating a notable advantage in research offerings.
Feature |
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Daily Market Commentary | Yes | Yes |
Forex News (Top-Tier Sources) | Yes | Yes |
Autochartist | No | No |
Trading Central (Recognia) | Yes | No |
Social Sentiment - Currency Pairs | No | No |
TipRanks | No | No |
Signal Centre (Acuity Trading) | No | No |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at DooPrime and TeleTrade, DooPrime stands out as a more comprehensive option. DooPrime provides a solid foundation for those new to forex and CFDs, offering a minimum of 10 educational pieces, including articles, videos, and potentially webinars. The platform excels in providing both beginner and advanced educational videos, making it easier for users to grasp trading concepts at their own pace. Unfortunately, DooPrime does not offer live educational webinars or a searchable archive of past webinars, which could enhance real-time learning. However, their overall educational offerings earn them a respectable 4-star rating and a ranking of #24 in the Education category by ForexBrokers.com.
In contrast, TeleTrade falls short in providing beginners with extensive educational materials. It lacks the minimum threshold of 10 educational pieces focused on forex or CFDs, which may leave new traders wanting more in-depth content. Furthermore, TeleTrade does not offer any educational webinars or a searchable archive of past sessions. The absence of beginner and advanced educational videos and an investor dictionary is also notable. As a result, TeleTrade receives a 3.5-star rating for education, placing it much lower on the ForexBrokers.com ranking at #61 out of 62 brokers. For those seeking substantial educational resources to kickstart their trading journey, DooPrime appears to be the superior choice between the two.
Feature |
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Education (Forex or CFDs) | Yes | No |
Client Webinars | No | No |
Client Webinars (Archived) | No | No |
Videos - Beginner Trading Videos | Yes | No |
Videos - Advanced Trading Videos | Yes | No |
Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that DooPrime is better than TeleTrade. DooPrime finished with an overall rank of #28, while TeleTrade finished with an overall rank of #50.
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.
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Overall Rating |
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Trust Score | 83 | 71 |
Range of Investments |
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Commissions & Fees |
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Platform & Tools |
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Research |
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Mobile Trading |
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Education |
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While both DooPrime and TeleTrade do not provide the option to purchase actual delivered cryptocurrencies, TeleTrade distinguishes itself by offering the ability to trade cryptocurrency derivatives, unlike DooPrime.
In comparing online brokers DooPrime and TeleTrade regarding fund deposit and withdrawal options, both do not offer ACH or SEPA transfers, yet DooPrime distinguishes itself by accepting PayPal alongside common options like Skrill, Visa, Mastercard, and bank wires, whereas TeleTrade only supports Skrill, Visa, Mastercard, and bank wires.
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 5Overall Rating | DooPrime | TeleTrade | |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 83 | 71 | |
Winner | check_circle | ||
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Broker Screenshots | DooPrime | TeleTrade | |
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Trading Platforms Gallery (click to expand) | |||
Mobile Trading Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Education Gallery (click to expand) |
Regulation | DooPrime | TeleTrade | |
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Trust Score | 83 | 71 | |
Year Founded | 2014 | 1994 | |
Publicly Traded (Listed) | No | No | |
Bank | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
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 | TeleTrade | |
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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) | No | No | |
United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
USA (CFTC Authorized) | No | No | |
New Zealand (FMA Authorised) | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
Tier-2 Licenses (Trusted) | DooPrime | TeleTrade | |
---|---|---|---|
Kenya (CMA Authorised) | No | No | |
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) | No | No |
Investments | DooPrime | TeleTrade | |
---|---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 10000 | 500 | |
Forex Pairs (Total) | 60 | 61 | |
U.S. Stock Trading (Non CFD) | Yes | No | |
Int'l Stock Trading (Non CFD) | Yes | No | |
Social Trading / Copy Trading | Yes | Yes | |
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 | TeleTrade | |
---|---|---|---|
Average Spread EUR/USD - Standard | N/A | N/A | |
All-in Cost EUR/USD - Active | N/A | N/A | |
Active Trader or VIP Discounts | No | Yes | |
Inactivity Fee | No | No | |
Execution: Agency Broker | Yes | No | |
Execution: Market Maker | Yes | Yes |
Funding | DooPrime | TeleTrade | |
---|---|---|---|
Minimum Deposit | $100 | $100 | |
PayPal (Deposit/Withdraw) | Yes | No | |
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 | DooPrime | TeleTrade | |
---|---|---|---|
Proprietary Platform | Yes | No | |
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 | Yes |
Trading Tools | DooPrime | TeleTrade | |
---|---|---|---|
Virtual Trading (Demo) | Yes | Yes | |
Alerts - Basic Fields | Yes | Yes | |
Watchlists - Total Fields | 7 | 7 | |
Charting - Indicators / Studies (Total) | 30 | 35 | |
Charting - Drawing Tools (Total) | 15 | 15 | |
Charting - Trade From Chart | Yes | Yes | |
Charts can be saved | Yes | Yes |
Mobile Trading | DooPrime | TeleTrade | |
---|---|---|---|
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 | 35 | |
Mobile Charting - Draw Trendlines | Yes | Yes | |
Mobile Charting - Multiple Time Frames | Yes | Yes | |
Mobile Charting - Drawings Autosave | Yes | Yes | |
Mobile Economic Calendar | Yes | Yes |
Research | DooPrime | TeleTrade | |
---|---|---|---|
Daily Market Commentary | Yes | Yes | |
Forex News (Top-Tier Sources) | Yes | Yes | |
Autochartist | No | No | |
Trading Central (Recognia) | Yes | No | |
TipRanks | No | No | |
Social Sentiment - Currency Pairs | No | No | |
Economic Calendar | Yes | Yes |
Education | DooPrime | TeleTrade | |
---|---|---|---|
Education (Forex or CFDs) | Yes | No | |
Client Webinars | No | No | |
Client Webinars (Archived) | No | No | |
Videos - Beginner Trading Videos | Yes | No | |
Videos - Advanced Trading Videos | Yes | No | |
Investor Dictionary (Glossary) | No | No |
Major Forex Pairs | DooPrime | TeleTrade | |
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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 |
Overall | DooPrime | TeleTrade | |
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Overall Rating |
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Commissions & Fees |
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Range of Investments |
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Platform & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 83 | 71 | |
Winner | check_circle | ||
Review |