DooPrime vs Trading 212 Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare DooPrime vs Trading 212.
Does DooPrime or Trading 212 offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Trading 212 offers better pricing overall for traders.
Is DooPrime or Trading 212 safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. DooPrime holds 4 global Tier-1 licenses, while Trading 212 holds 2. Both DooPrime and Trading 212 hold 0 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, DooPrime (83) earned a higher Trust Score than Trading 212 (77).
Which trading platform is better: DooPrime or Trading 212?
To compare the trading platforms of both DooPrime and Trading 212, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Trading 212 offers a better experience. With research, DooPrime offers superior market research. Finally, we found Trading 212 to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.Copy trading is not offered by either broker.
How many forex pairs and CFDs are available to trade?
Trading 212 provides traders 184 currency pairs (e.g., EUR/USD) compared to DooPrime's 60 available pairs. Forex pairs aside, DooPrime offers traders access to 10000 CFDs while Trading 212 has 1785 available CFDs, a difference of 8215.
Can I trust DooPrime?
DooPrime is not publicly traded and does not operate a bank. DooPrime is authorised by four Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and three Tier-4 regulators (High Risk). DooPrime is authorised by the following Tier-1 regulators: Securities Futures Commission (SFC), Financial Conduct Authority (FCA), Commodity Futures Trading Commission (CFTC), and the European Union via MiFID
Can I trust Trading 212?
Trading 212 is not publicly traded and does not operate a bank. Trading 212 is authorized by two tier-1 regulators (Highly Trusted), zero tier-2 regulators (Average Trust), zero tier-3 regulators (Low Trust), and zero tier-4 regulators (High-Risk). Trading 212 is authorised by the following tier-1 regulators: the Financial Conduct Authority (FCA) and the European Union via MiFID.
Is DooPrime good?
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.
Is Trading 212 good?
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
Overall winner: DooPrime
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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.