Written by ForexBrokers.com
In this head to head comparison of ThinkMarkets 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.
ThinkMarkets, established in 2010, and DooPrime, founded in 2014, are both private online brokerage firms. Neither of them is publicly traded or operates as a bank. Based on ForexBrokers.com ratings, ThinkMarkets holds a high Trust Score of 92 out of 99, marking it as a highly trusted broker. Its regulatory framework is strengthened by five Tier-1 licenses and two Tier-2 licenses, setting it apart as a secure option for traders.
In contrast, DooPrime achieves a Trust Score of 83, placing it in the trusted category according to ForexBrokers.com standards. It holds four Tier-1 licenses but lacks Tier-2 licenses, providing a slightly lower regulatory stature compared to ThinkMarkets. While both brokers offer credible services, ThinkMarkets edges ahead in terms of trustworthiness and regulatory oversight.
| Feature |
ThinkMarkets
|
DooPrime
|
|---|---|---|
| Year Founded | 2010 | 2014 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 5 | 4 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 3 |
Comparing commissions and fees at ThinkMarkets vs. DooPrime is tricky because average spread data isn’t available for either broker. That said, their ratings and rankings help indicate relative pricing competitiveness.
ThinkMarkets earns 4 out of 5 stars for commissions and fees and is ranked #48 out of 63 brokers by ForexBrokers.com. This suggests ThinkMarkets is generally more competitive on trading costs based on the available assessment.
DooPrime receives 3 out of 5 stars for commissions and fees and is ranked #60 out of 63 brokers. With no average spread data published, traders should review each broker’s account types, commissions, and any non-trading fees, and confirm current pricing on the brokers’ websites before choosing.
| Feature |
ThinkMarkets
|
DooPrime
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.1 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| 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, DooPrime offers a larger product lineup than ThinkMarkets. DooPrime lists about 10,000 tradeable symbols and 60 forex pairs, while ThinkMarkets provides around 4,000 symbols and 46 forex pairs. Both brokers support forex trading via CFDs or spot contracts, and both include copy trading options.
For shares, DooPrime lets you buy exchange-traded U.S. stocks directly, while ThinkMarkets does not; both brokers offer access to exchange-traded international shares. Neither broker lets you buy actual cryptocurrency, but ThinkMarkets offers crypto derivatives whereas DooPrime does not. Based on Range of Investments, ForexBrokers.com rates ThinkMarkets 4.5/5 (ranked 24th of 63) and DooPrime 5/5 (ranked 13th of 63).
| Feature |
ThinkMarkets
|
DooPrime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4000 | 10000 |
| Forex Pairs (Total) | 46 | 60 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
ThinkMarkets and DooPrime both check the key boxes for trading platforms and tools. Each broker offers a free demo (paper) account, a proprietary in-house platform, Windows desktop and web-based platforms, copy trading, plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can also place trades directly from charts with either broker. Neither supports ZuluTrade, and DupliTrade wasn’t specified.
For watchlists, ThinkMarkets provides 15 fields compared with DooPrime’s 7, which may matter if you like more data at a glance. The number of chart indicators and drawing tools wasn’t disclosed. Both brokers earned 4 out of 5 stars for Trading Platforms and Tools, with DooPrime ranked #25 and ThinkMarkets #28 out of 63 brokers by ForexBrokers.com. Your choice may come down to watchlist depth and which platform experience you prefer.
| Feature |
ThinkMarkets
|
DooPrime
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| 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 [DELETED] | ||
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 15 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
ThinkMarkets and DooPrime both offer functional mobile trading options for iPhone and Android users, each providing stock and forex price alerts, the ability to draw trend lines, and view multiple time frames on charts. Both apps enable the creation of watchlists with real-time quotes but fall short on syncing watchlist symbols with an online account, meaning changes in one location don’t reflect in the other. While they share many similarities in their offerings, ThinkMarkets stands out by offering a more comprehensive selection of technical studies—94 compared to DooPrime's 30.
When it comes to user ratings, both ThinkMarkets and DooPrime receive a commendable 4-star rating for their mobile trading applications. According to ForexBrokers.com, ThinkMarkets ranks slightly higher at #20 out of 63 brokers for mobile trading apps, compared to DooPrime's #25 ranking. Both platforms also include auto-save features for chart drawings, ensuring that insights and analyses are not lost. Whether you’re looking for advanced chart tools or easier mobile access to forex trading, both ThinkMarkets and DooPrime offer reliable solutions, though ThinkMarkets may appeal more to those who prioritize extensive technical analysis features.
| Feature |
ThinkMarkets
|
DooPrime
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 94 | 30 |
| 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.
ThinkMarkets and DooPrime both deliver daily market commentary, along with forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, plus an economic calendar for tracking global events. Neither broker offers Autochartist. DooPrime stands out with Trading Central analytics, while ThinkMarkets does not. On the flip side, ThinkMarkets provides a sentiment tool that shows long/short ratios, which DooPrime lacks. ThinkMarkets also includes Acuity Trading tools (such as Signal Centre). TipRanks is not offered by ThinkMarkets, and DooPrime’s access to TipRanks or Acuity isn’t specified.
For overall research, ForexBrokers.com rates ThinkMarkets 3.5 out of 5 stars (ranked 51st of 63), while DooPrime earns 4 out of 5 stars (ranked 30th). Pick ThinkMarkets if you want sentiment data and Acuity-powered signals; choose DooPrime if Trading Central’s research is a priority.
| Feature |
ThinkMarkets
|
DooPrime
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
ThinkMarkets and DooPrime both offer rich educational content for those interested in trading forex or CFDs. They each provide a collection of over 10 educational materials such as articles, videos, and archived webinars. Beginners can find support from more than 10 videos dedicated to their needs on both platforms, as well as a collection of advanced topics for those with more experience. However, ThinkMarkets takes the educational experience a step further by offering monthly client webinars and a searchable archive of these sessions for convenient access. Unlike DooPrime, they also provide an investor dictionary to help familiarize users with at least 50 investing terms.
Despite ThinkMarkets' diverse resources, it is rated at 3.5 stars for education, while DooPrime manages a slightly higher rating of 4 stars. When compared across 63 brokers, DooPrime holds a stronger position, ranked #25, compared to ThinkMarkets which sits at #52. This suggests that although ThinkMarkets delivers an extensive range of educational opportunities, DooPrime might offer a more recognized and appreciated educational experience for many traders.
| Feature |
ThinkMarkets
|
DooPrime
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that ThinkMarkets is better than DooPrime. ThinkMarkets finished with an overall rank of #27, while DooPrime finished with an overall rank of #28.
ThinkMarkets has multiple regulatory license and offers a proprietary trading platform, as well as the entire MetaTrader suite. The broker has made progress in key areas, such as research and education, and the range of markets available, although trails behind the best brokers in these categories.
| Feature |
ThinkMarkets
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DooPrime
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|---|---|---|
| Overall Rating |
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| Trust Score | 92 | 83 |
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ThinkMarkets allows users to trade cryptocurrency derivatives but not actual cryptocurrency, while DooPrime does not offer either actual cryptocurrency trading or cryptocurrency derivatives.
ThinkMarkets and DooPrime both support Skrill, Visa, Mastercard, and bank wire transactions for depositing and withdrawing account funds, but only DooPrime offers PayPal, while neither broker provides ACH or SEPA transfer options.
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 | ThinkMarkets | DooPrime | |
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| Trust Score | 92 | 83 | |
| Winner | check_circle | ||
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| Broker Screenshots | ThinkMarkets | DooPrime | |
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| Regulation | ThinkMarkets | DooPrime | |
|---|---|---|---|
| Trust Score | 92 | 83 | |
| Year Founded | 2010 | 2014 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 5 | 4 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 3 |
| Tier-1 Licenses (Highly Trusted) | ThinkMarkets | DooPrime | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | Yes | 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) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | ThinkMarkets | DooPrime | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | ThinkMarkets | DooPrime | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4000 | 10000 | |
| Forex Pairs (Total) | 46 | 60 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | ThinkMarkets | DooPrime | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.1 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | ThinkMarkets | DooPrime | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| 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 | ThinkMarkets | DooPrime | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| 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 [DELETED] | |||
| ZuluTrade | No | No |
| Trading Tools | ThinkMarkets | DooPrime | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 15 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) [DELETED] | |||
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ThinkMarkets | DooPrime | |
|---|---|---|---|
| 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 | 94 | 30 | |
| 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 | ThinkMarkets | DooPrime | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | ThinkMarkets | DooPrime | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | ThinkMarkets | DooPrime | |
|---|---|---|---|
| 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 | |
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| Overall | ThinkMarkets | DooPrime | |
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| Trust Score | 92 | 83 | |
| Winner | check_circle | ||
| Review |
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