Written by ForexBrokers.com
In this head to head comparison of DooPrime vs VT Markets, 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.
Established in 2014, DooPrime has positioned itself as a trusted online broker, earning a Trust Score of 83 out of 99 from ForexBrokers.com. While the company is not publicly traded and does not operate as a bank, it holds four Tier-1 licenses, reflecting a high level of trust and credibility within the financial industry. These licenses serve as a testament to DooPrime's adherence to stringent regulatory standards, making it a reliable choice for traders seeking a secure trading environment.
VT Markets, founded in 2016, also operates as an online broker that's not publicly listed and does not function as a bank. It holds one Tier-1 license and one Tier-2 license, translating to a Trust Score of 70 out of 99. This score places VT Markets under a category considered average risk by ForexBrokers.com. While it demonstrates a commitment to meeting regulatory expectations, traders might be more cautious when choosing VT Markets in comparison to brokers with higher trust ratings.
| Feature |
DooPrime
|
VT Markets
|
|---|---|---|
| Year Founded | 2014 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
When comparing online brokers DooPrime and VT Markets, it is important to consider their commissions and fees. DooPrime's fee details are somewhat limited as average spread data is not available, but it is rated 3 out of 5 stars for commissions and fees by ForexBrokers.com. In the same category, DooPrime ranks 59th out of 63 brokers, which may affect its appeal to potential traders.
On the other hand, VT Markets offers different trading account options that affect the cost structure. For the Standard STP account, there are no commissions, but traders will experience wider spreads, with the average spread for the EUR/USD pair being 1.2 pips. In contrast, the Raw ECN account offers a more favorable pricing model, featuring an effective spread of 0.83 pips with low commissions, making it competitively priced within the industry. VT Markets requires a minimum deposit of $100 for both account types, providing flexibility for traders with different budget levels.
VT Markets receives a higher rating of 4.5 out of 5 stars for commissions and fees, reflecting its overall cost efficiency and favorable pricing, especially when considering the choice of account types. It ranks 20th out of 63 brokers on ForexBrokers.com in this category, making it a strong contender for those who prioritize competitive trading costs.
| Feature |
DooPrime
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| Active Trader or VIP Discounts | No | No |
| 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 variety of investment options, DooPrime and VT Markets both offer forex trading configurations as CFDs or spot contracts. However, DooPrime stands out with a more extensive range of tradeable symbols, offering a whopping 10,000, while VT Markets provides 1,000. Forex enthusiasts will find 60 tradeable pairs with DooPrime compared to VT Markets' 39 pairs. A key distinction is found in the stock offerings: DooPrime allows trading in exchange-traded securities on both U.S. and international exchanges, unlike VT Markets, which limits such transactions to international markets only, excluding options like Apple shares on U.S. exchanges.
Both brokers cater to modern investors by offering copy trading services. However, if your interest lies in cryptocurrencies, neither platform permits the purchase of actual digital coins, although VT Markets provides cryptocurrency derivatives, a feature not available with DooPrime. Reflecting these differences, DooPrime has earned a 5-star rating and ranks 12th out of 63 brokers in the Range of Investments category according to ForexBrokers.com. In contrast, VT Markets holds a 3.5-star rating and occupies the 39th position, highlighting its more limited investment offerings compared to DooPrime.
| Feature |
DooPrime
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 1000 |
| Forex Pairs (Total) | 60 | 39 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| 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.
When comparing the trading platforms and tools of DooPrime and VT Markets, both brokers offer a broad selection of features that cater to different trader needs. Both provide the option for simulated trading with free virtual demo accounts, making it easy for beginners to get started. DooPrime stands out with its proprietary platform, offering something uniquely tailored and developed in-house, whereas VT Markets relies on established platforms without its own signature platform. Both, however, support MetaTrader 4 and MetaTrader 5, which are popular among seasoned traders. Additionally, both brokers support copy trading, allowing traders to mirror the actions of more experienced investors seamlessly. Trading can be conveniently executed directly from stock charts on both platforms, and both brokers provide Windows-based desktop and web-based trading platforms that ensure flexibility regardless of your preferred device.
In terms of charting tools, VT Markets edges ahead with 30 drawing tools compared to DooPrime's 15, which can be beneficial for traders who rely heavily on technical analysis. Both brokers offer an identical number of watch list columns, totaling seven, providing plenty of room for customization. Ratings from ForexBrokers.com give both platforms a respectable four stars for their trading platforms and tools. However, DooPrime has a slight competitive edge, being ranked 25th out of 63 brokers in this category, while VT Markets is positioned at 47th. This ranking suggests a slightly more favorable reception for DooPrime's offerings in these aspects.
| Feature |
DooPrime
|
VT Markets
|
|---|---|---|
| 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 | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of DooPrime and VT Markets, both offer convenient features for iPhone and Android users, alongside essential trading functionalities like stock and forex price alerts. However, neither platform supports watchlist symbol syncing, which means changes made on a mobile app or online account aren't automatically synced. For charting, both apps provide 30 technical studies and allow users to draw trendlines and view multiple time frames, such as daily or intraday charts.
A notable difference is that DooPrime's app automatically saves chart drawings, unlike the VT Markets app. Both allow traders to create watchlists with real-time quotes, catering to those who need to stay updated on market movements. When it comes to user ratings and industry rankings, both apps score a respectable four out of five stars. But, DooPrime holds a higher rank at #25 for mobile trading apps, compared to VT Markets at #44, according to ForexBrokers.com. Ultimately, both apps offer solid trading experiences, but DooPrime edges out slightly with its auto-saving feature and higher industry ranking.
| Feature |
DooPrime
|
VT Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| 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.
When comparing DooPrime and VT Markets for their market research offerings, both platforms deliver daily market commentary and provide their users with forex news from trusted sources like Bloomberg and Reuters. They each integrate Trading Central tools, which offer users in-depth technical analytics to aid in their trading decisions. Both brokers also feature an economic calendar to keep traders informed about upcoming global events. However, VT Markets stands out by providing a sentiment-based trading tool that allows traders to see the ratio of long or short positions across various instruments, a feature not offered by DooPrime.
Regarding market research ratings, DooPrime edges out VT Markets with a score of 4 stars compared to VT Markets' 3.5 stars. When benchmarked against 63 brokers by ForexBrokers.com, DooPrime is ranked at #29, whereas VT Markets is positioned at #36 in the Research category. Despite some differences in features and ranking, both platforms show a commitment to providing valuable resources for traders seeking to make informed decisions.
| Feature |
DooPrime
|
VT Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners, DooPrime and VT Markets both offer comprehensive content related to forex and CFDs. DooPrime provides an extensive array of educational pieces, including more than 10 beginner-focused videos, designed to help traders kick start their journey. VT Markets also meets this mark with its collection of beginner educational videos. However, neither platform offers online educational webinars or a searchable archive for past webinars, which can be a disadvantage for users who prefer real-time or recorded interactive sessions.
In examining advanced learning materials, DooPrime steps ahead by providing over 10 videos catering to experienced traders, while VT Markets falls short in this category. Furthermore, VT Markets offers a useful investor dictionary with over 50 terms to aid in understanding trading jargon, which DooPrime lacks. Overall, DooPrime receives a slightly higher education rating of 4 stars compared to VT Markets' 3.5 and holds a higher education ranking on ForexBrokers.com, positioning itself as a stronger choice for educational resources in the trading community.
| Feature |
DooPrime
|
VT Markets
|
|---|---|---|
| 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 VT Markets. DooPrime finished with an overall rank of #28, while VT Markets finished with an overall rank of #44.
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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VT Markets
|
|---|---|---|
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| Trust Score | 83 | 70 |
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When comparing DooPrime and VT Markets in terms of cryptocurrency offerings, neither platform provides the option to buy actual delivered cryptocurrency, but VT Markets distinguishes itself by allowing the purchase of cryptocurrency derivatives, unlike DooPrime.
In comparing online brokers, DooPrime stands out by offering PayPal, Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals, while VT Markets provides Skrill, Visa, Mastercard, and bank wires but lacks PayPal as an option; neither broker 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 | VT Markets | |
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| Trust Score | 83 | 70 | |
| Winner | check_circle | ||
| Review | VT Markets Review |
| Broker Screenshots | DooPrime | VT Markets | |
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| Regulation | DooPrime | VT Markets | |
|---|---|---|---|
| Trust Score | 83 | 70 | |
| Year Founded | 2014 | 2016 | |
| 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 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | VT Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| 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 | No |
| Tier-2 Licenses (Trusted) | DooPrime | VT Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | DooPrime | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 1000 | |
| Forex Pairs (Total) | 60 | 39 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| 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 | VT Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | DooPrime | VT Markets | |
|---|---|---|---|
| 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 | VT Markets | |
|---|---|---|---|
| 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 | No |
| Trading Tools | DooPrime | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | DooPrime | VT Markets | |
|---|---|---|---|
| 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 | 30 | |
| 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 | VT Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | VT Markets | |
|---|---|---|---|
| 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 | VT Markets | |
|---|---|---|---|
| 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 | VT Markets Review |
| Overall | DooPrime | VT Markets | |
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| Trust Score | 83 | 70 | |
| Winner | check_circle | ||
| Review | VT Markets Review |
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