Doo Prime Trading Platform Review: Regulated

Doo Prime Company Overview:

Doo Prime is a forex broker established in Vanuatu. The results of the inquiry on the website of the Vanuatu Financial Services Commission (VFSC) indicate that the broker is registered and established in Vanuatu. According to the Whois query of the domain registration information, the official website domain was registered on December 21, 2017, and it has been more than 5 years since the registration.

Doo Prime's official website indicates that its affiliated companies are registered in various locations:

• Doo Prime Limited is registered in the Cayman Islands.
• Elish & Elish Inc is registered in Texas, USA.
• Doo Clearing Limited is registered in the United Kingdom.
• Doo Financial Australia Limited and Doo Exchange AU Pty Ltd are registered in Australia.
• Doo Holding Group Limited and Doo Consulting Limited are registered in Hong Kong.
• Doo Prime Seychelles Limited is registered in Seychelles.
• Doo Financial Labuan Limited is registered in Malaysia.
• Doo Prime Mauritius Limited is registered in Mauritius.

Except for Doo Financial Labuan Limited, whose registration information cannot be verified through the relevant websites of the Malaysian government, the search results from the Cayman Islands General Registry, Texas Comptroller of Public Accounts, Companies House in the UK, Australian Securities and Investments Commission (ASIC), Hong Kong Companies Registry Integrated Companies Registry Information System (ICRIS), and the Corporate and Business Registration Department (CBRD) of Mauritius, all indicate that the registration information of the affiliated companies as displayed on the Doo Prime official website is authentic.

Is Doo Prime Compliant and Legal? Does it hold the appropriate financial regulatory license?

The results of the Vanuatu Financial Services Commission (VFSC) website show that the company is regulated or authorized by the VFSC.

Furthermore, according to the Doo Prime official website, its affiliated companies are regulated or authorized by various regulatory bodies. Elish & Elish Inc is regulated by the Financial Industry Regulatory Authority (FINRA) in the United States, Doo Clearing Limited is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, Doo Financial Australia Limited is regulated by the Australian Securities and Investments Commission (ASIC), Doo Exchange AU Pty Ltd is regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC), Doo Holding Group Limited is regulated by Hong Kong Customs, Doo Consulting Limited is regulated by the Hong Kong Companies Registry, Doo Prime Seychelles Limited is regulated by the Seychelles Financial Services Authority (FSA), Doo Financial Labuan Limited is regulated by the Labuan Financial Services Authority (Labuan FSA), and Doo Prime Mauritius Limited is regulated by the Financial Services Commission (FSC) of Mauritius. The search results confirm that the regulatory or authorization information disclosed by the Doo Prime official website regarding its affiliated companies is accurate for the regulatory bodies mentioned above.

Doo Prime's Offered Trading Instruments

Doo Prime's official website information shows that the broker provides trading services for securities, futures, forex, precious metals, commodities, stocks, and indices.

Doo Prime's Provided Trading Software

Doo Prime's official website information shows that the company provides investors with three trading software options: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Doo Prime In Trade. Doo Prime offers MT4, MT5, and Doo Prime In Trade software that supports desktop (Windows/MacOS), web, and mobile (IOS/Android) versions.

Fund Security

Doo Prime has not disclosed any third-party fund regulatory information on its official website, and the security of user funds may not be guaranteed.

Deposit and Withdrawal Channels

Doo Prime's official website information shows that the company provides investors with deposit and withdrawal channels and methods, including local banks, e-wallets such as Epay, Fasapay, HWGC, credit cards such as VISA, Mastercard, UnionPay, international wire transfers, etc. In addition, Doo Prime's official website also provides information on supported deposit and withdrawal channel currencies, as well as deposit and withdrawal fees and times.

Leverage Ratio

Doo Prime not only displays that it provides investors with leverage ratios of up to 1:1000 on its official website but also introduces the specific leverage ratios of trading products covering securities, futures, forex, precious metals, commodities, stocks, and indices.

Summary

Doo Prime is a broker operating normally. The Doo Prime official website provides detailed information on account types, trading products, deposit and withdrawal, and trading software. At the same time, the broker and its affiliated companies are regulated or authorized by regulatory authorities in Vanuatu, the USA, the UK, Australia, Hong Kong, Seychelles, Malaysia, and Mauritius. Currently, Doo Prime is marked as "Regulated" on TraderKnows.

Forex and contracts for difference (CFDs) are leveraged products with high risk. TraderKnows reminds investors to remain vigilant and protect your financial assets.