Doo Prime Journal

Journal status: live
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Doo Prime Profile
Year
2014
Country
Vanuatu
Branches
9
Regulation
VFSC Vanuatu
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
х Afghanistan, Austria, Azerbaijan, Belgium, Bosnia and Herzegovina, Bulgaria, Burma, Canada, Congo, Croatia, Cuba, Cyprus, Czechia, Denmark, Estonia, Ethiopia, Finland, France, Germany, Greece, Guyana, Haiti, Hong Kong, Hungary, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Japan, Latvia, Lebanon, Lithuania, Luxembourg, Malaysia, Mali, Malta, Netherlands, North Korea, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Somalia, Spain, Sri Lanka, Sudan, Sweden, Trinidad and Tobago, Tunisia, US, Venezuela
Broker type
STP, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
30 ms
LPs total
50
LPs quality
Tier-1 Banks
LPs names
BNP Paribas, Bank of America, Citibank, DBS, HSBC, JPMorgan, UBS

Doo Prime Accounts
STP
ECN
Minimum Deposit
100 $
5000 $
Leverage
400 : 1
400 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
11 pips
1 pips
Commission
0 $/lotRT
6 $/lotRT
Volume
40 lots
40 lots
Margin Call
100 %
100 %
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Update broker

Is Doo Prime safe?

  • Investor protection: no
  • Regulation: VFSC Vanuatu
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is Doo Prime trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • Doo Prime website: semi-detailed, updated ★★★
  • Doo Prime popularity (by visitor count): least visited

How Doo Prime works

Customers who open an account with Doo Prime will enjoy the same fees as Doo Clearing's many institutional clients. Doo Prime solemnly promises: no repeat quotation, providing the fastest ECN/STP trading mode, for you to make all valid orders in the shortest possible time.

https://www.dooprime.com/en/trade/exchange

4.1 We act as a principal and not as an agent on the Client’s behalf at all times. However, we reserve our rights to transmit the Clients orders for execution to third party liquidity providers, whereby contractually Doo Prime is the sole counterparty to your trades and any execution of orders is done in the Doo Prime’s name. Therefore, Doo Prime is the sole execution venue for the execution of the Client’s orders

3.4 The Client acknowledges that Buy Stop, Sell Stop, Buy Limit and Sell Limit orders are only available at 50 points above or below the current market price.

(s) Doo Prime’s prices of trading instruments are obtained from our liquidity providers, and when the liquidity of Services are limited, there will be price gaps and liquidity shortages where Transactions may not be executed at the price and volume intended;

http://cdn.dootech.io/prime-website2/docs/Execution_Policy_(Doo%20Prime).pdf

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