ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

DooPrime vs TeleTrade 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 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.

DooPrime
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 83
  • Tradeable Symbols (Total): 10000
TeleTrade
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 71
  • Tradeable Symbols (Total): 500

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.

Regulation

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 DooPrime logoDooPrime
TeleTrade logoTeleTrade
Year Founded info 2014 1994
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 4 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 0

Fees

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 DooPrime logoDooPrime
TeleTrade logoTeleTrade
Minimum Deposit info $100 $100
Average Spread EUR/USD - Standard info N/A info N/A
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info No Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

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 DooPrime logoDooPrime
TeleTrade logoTeleTrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 500
Forex Pairs (Total) info 60 61
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

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 DooPrime logoDooPrime
TeleTrade logoTeleTrade
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No Yes
Charting - Indicators / Studies (Total) info 30 35
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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 DooPrime logoDooPrime
TeleTrade logoTeleTrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 35
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

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 DooPrime logoDooPrime
TeleTrade logoTeleTrade
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info No No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

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 DooPrime logoDooPrime
TeleTrade logoTeleTrade
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No No

Dive deeper: Best Forex Brokers for Beginners.

Winner

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.

Feature DooPrime logoDooPrime
TeleTrade logoTeleTrade
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 83 71
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with DooPrime or TeleTrade?

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.

What funding options does each broker offer?

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.




announcementPlease 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

×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFinecoBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxForex4you
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTeleTrade
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall Rating DooPrime TeleTrade
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 83 71
Winner check_circle
Review
Broker Screenshots DooPrime TeleTrade
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation DooPrime TeleTrade
Trust Score info 83 71
Year Founded info 2014 1994
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-1 Licenses info 4 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 0
Tier-1 Licenses (Highly Trusted) DooPrime TeleTrade
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info Yes No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-2 Licenses (Trusted) DooPrime TeleTrade
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments DooPrime TeleTrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 500
Forex Pairs (Total) info 60 61
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 info N/A info N/A
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info No Yes
Inactivity Fee info No No
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes Yes
Funding DooPrime TeleTrade
Minimum Deposit info $100 $100
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms DooPrime TeleTrade
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No Yes
Trading Tools DooPrime TeleTrade
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 30 35
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading DooPrime TeleTrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 35
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research DooPrime TeleTrade
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info No No
Social Sentiment - Currency Pairs info No No
Economic Calendar info Yes Yes
Education DooPrime TeleTrade
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No No
Major Forex Pairs DooPrime TeleTrade
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review
Overall DooPrime TeleTrade
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 83 71
Winner check_circle
Review
arrow_upward

close