About D prime
Overview
Doo Prime is a multi-asset brokerage that is part of the Doo Group, a global financial services conglomerate. The broker is registered in Singapore and was established in 2018, though its parent group claims a founding date of 2014 with headquarters in London. Doo Prime operates as a wholly-owned subsidiary of Doo Prime Holding Group and maintains operational offices in key financial hubs including Hong Kong, Taipei, Dallas, Kuala Lumpur, and Singapore. The broker positions itself as a provider of comprehensive trading solutions, offering access to a wide range of markets through a single account.
The broker's official domain is doo.com, which serves as the central hub for all Doo Group entities, including Doo Prime. The website presents Doo Prime as a brand focused on retail and institutional trading services, with an emphasis on technology, regulatory compliance, and global reach. Despite its relatively recent founding, the broker leverages the broader Doo Group's infrastructure and licensing to offer services to clients worldwide.
Regulation
Doo Prime holds multiple regulatory licenses across different jurisdictions. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under a Market Making License (MM), which subjects it to European Union standards for investor protection and capital adequacy. Additionally, it holds two Derivatives Trading License (STP) from the Australian Securities and Investments Commission (ASIC), indicating a strong regulatory presence in Australia. These licenses are considered high-tier, offering traders a degree of assurance regarding the broker's compliance with stringent financial regulations.
In addition to these top-tier licenses, Doo Prime also holds an Offshore Regulation license from the Vanuatu Financial Services Commission (VFSC) under a Forex Trading License (EP). This offshore license is typically associated with less strict oversight and may involve different levels of client protection. Traders should be aware that while the CySEC and ASIC licenses provide robust regulatory frameworks, the VFSC license may offer fewer safeguards. The combination of onshore and offshore licenses allows the broker to serve a diverse international client base while managing regulatory obligations.
Account Types
Doo Prime offers three distinct account types to cater to different trading styles and capital levels. The STP Account requires a minimum deposit of 100 USD and is designed for direct market access with straight-through processing, suitable for retail traders seeking competitive spreads. The CENT Account is tailored for beginners or those who wish to trade small volumes, with a minimum deposit of 100 Cent (equivalent to 1 USD) and a micro-lot structure that allows for precise risk management. The ECN Account is for high-volume traders, requiring a minimum deposit of 5000 USD and providing access to raw interbank spreads with a commission-based fee structure.
All account types support the full range of instruments offered by the broker, including forex, commodities, indices, and securities. Leverage details are not explicitly stated in the known facts, but traders can expect varying leverage options depending on the account type and regulatory jurisdiction. The availability of a CENT account is particularly attractive for novice traders in regions where small account sizes are preferred.
Platforms and Instruments
Doo Prime provides a selection of trading platforms to suit different user preferences. The broker offers its proprietary platform, InTrade, which is designed for seamless execution and advanced charting. Additionally, TradingView is integrated, giving traders access to powerful technical analysis tools, custom indicators, and social trading features. The platforms are available on desktop, web, and mobile devices, ensuring flexibility for traders on the go.
The instrument range is extensive, covering securities (stocks), futures, forex, metals, commodities, and stock indices. This multi-asset offering allows traders to diversify their portfolios within a single account. The broker emphasizes access to global markets, including US and Hong Kong stocks, and a variety of futures products. The inclusion of securities alongside leveraged products positions Doo Prime as a comprehensive broker for both long-term investors and active traders.
Target Audience
Doo Prime aims to serve both retail and institutional clients, with a focus on global reach and accessibility. The low minimum deposit for the CENT account makes it appealing to beginners and small-scale traders, while the ECN account attracts professional and high-volume traders. The broker's presence across multiple regions and multilingual support suggests a target audience that includes Asian, European, and Australian traders. Additionally, the brand's association with Doo Group may appeal to clients seeking a larger financial ecosystem beyond just trading, such as wealth management and payment services.
However, the multiple regulatory licenses mean that client treatment may vary by jurisdiction. Clients under CySEC benefit from investor compensation schemes and negative balance protection, while those under VFSC may not have the same protections. Traders should carefully consider which entity they are onboarded with and the corresponding regulatory protections. Overall, Doo Prime positions itself as a versatile broker suitable for a wide range of traders, from new entrants to seasoned professionals.
Overview compiled by FXCanary from regulatory records and public data. full D prime review