Feature | Exness | Doo Prime |
---|---|---|
Regulation and Licensing | CySEC, FCA, FSCA, FSA, CBCS, licensed in multiple jurisdictions for global operations | Regulated by FCA, ASIC, SCB, and Vanuatu's VFSC, reputable in specific regions |
Account Types | Standard, Standard Cent, Pro, Zero, Raw Spread accounts | STP, ECN, DMA accounts, customizable for various trading strategies |
Minimum Deposit | $10 for Standard account, higher for professional accounts | $100 for STP, $5,000 for ECN, varies by account type |
Leverage | Up to 1:2000 for retail clients, varies with regulation and account type | Up to 1:500, depending on the account and region |
Spreads | Raw spreads as low as 0 pips on some accounts, low to medium spreads on standard accounts | Raw spreads start from 0 pips, competitive spreads for STP and ECN accounts |
Trading Platforms | MT4, MT5, Exness Trader mobile app | MT4, MT5, Doo Prime Intrade, FIX API |
Available Markets | Forex, metals, cryptocurrencies, energies, stocks, indices | Forex, metals, indices, stocks, commodities |
Commissions | Zero commission on standard accounts, raw and zero spread accounts charge commissions | Commission on ECN accounts, varies with account type and instrument |
Order Execution | Market execution with high-speed processing | Market execution with competitive latency, FIX API option for institutional traders |
Copy Trading | Available through the Exness Social Trading app | Copy trading available, with proprietary platform and access to social trading networks |
Educational Resources | Video tutorials, webinars, articles, and analysis tools | Basic tutorials, economic calendar, analysis tools |
Market Analysis Tools | Trading Central integration, economic calendar, financial news | Integrated economic calendar, third-party market analysis |
Customer Support | 24/7 multilingual support, including live chat, email, phone | 24/5 support in multiple languages, via chat, email, phone |
Deposit and Withdrawal Options | Bank transfers, credit/debit cards, cryptocurrencies, e-wallets, no deposit fees | Bank transfers, credit/debit cards, e-wallets, some accounts may have withdrawal fees |
Deposit/Withdrawal Processing | Instant processing on e-wallets, within 24 hours for most methods | Typically processed within 24 hours, but bank transfers may take longer |
Trading Tools | VPS service, risk management tools, Exness Trader app | VPS, risk management tools, FIX API, Doo Prime app |
Islamic Account Option | Yes, available on request | Yes, available for certain account types |
Bonuses and Promotions | No regular bonuses, focuses on competitive trading conditions | Occasional promotions for new users, may vary by region |
Transparency | High, with detailed information on trading conditions, regulatory information | Generally transparent, details on website, regulated by multiple authorities |
Reputation and Reliability | Established reputation in retail trading, trusted by millions globally | Known for its ECN services, popular among institutional and retail traders |
Unique Features | Social trading app, high leverage for non-EU clients, competitive execution speed | FIX API support for institutional traders, wide asset selection for ECN accounts |
Account Currency Options | Wide range of currencies including USD, EUR, GBP, cryptocurrency options | Multiple fiat currencies including USD, EUR, CNY |
Negative Balance Protection | Available for all accounts to protect traders from losing more than their deposit | Available for certain account types, details depend on jurisdiction |
Scalping and Hedging | Both strategies allowed, optimized for low latency execution | Permitted on all accounts, especially effective with ECN accounts |
Cryptocurrency Trading | Offers popular pairs (e.g., BTC/USD, ETH/USD) with high leverage | Limited cryptocurrency offerings, fewer pairs available than Exness |
Fractional Shares | Allows trading of fractional shares, suitable for beginners and low-capital traders | No fractional share trading, only full units available |
Trading Hours | 24/7 for cryptocurrency, 24/5 for other instruments | 24/5 for most assets, crypto trading may have limited hours |
Trading Costs Disclosure | Transparent cost structure, detailed in platform | Costs disclosed on website, with fee breakdown per account type |
Market Depth Display | Available on MT5 platform for advanced insights | Offered on MT5 and Doo Prime Intrade for higher transparency |
Order Types Supported | Market, limit, stop, trailing stop, one-click trading | Market, limit, stop orders, advanced order types on FIX API |
Algorithmic Trading | Supported on MT4 and MT5 with MQL4 and MQL5, VPS for automated trading | Supported on MT4 and MT5, FIX API enhances high-frequency trading capabilities |
Research and News Feed | Daily news feed, analytical insights, trading signals | Integrated news feed, less comprehensive than Exness |
Referral Program | Referral program with rewards for client onboarding | Referral options available, tailored for regional clients |
Withdrawal Limits | No specific limit on withdrawals, but some methods have maximum per transaction | Withdrawal limits vary, bank transfers may have higher minimums |
Professional Client Benefits | Dedicated account manager, access to premium features and tools | Dedicated account manager for institutional clients, higher leverage |
Market Making or ECN Model | Primarily market-making model, ECN options on Raw Spread accounts | ECN model, ideal for low-spread trading and direct market access |
Mobile Trading Experience | Exness Trader app with advanced features, user-friendly interface | Doo Prime mobile app supports trading and account management but fewer advanced features |
Rebate Programs | Regular rebates for high-volume traders | Rebate structure available but mostly for high-net-worth or institutional clients |
Account Verification Time | Quick verification, often within 24 hours, depending on the region | Typically verified within 24-48 hours, delays possible with certain document types |
Security Measures | Two-factor authentication (2FA), account verification, fund segregation | 2FA, SSL encryption, segregated accounts for client funds |
Customizability of Dashboard | Limited customization, focuses on simplicity and usability | Customizable trading dashboard with Doo Prime Intrade |
API Integration for Trading Bots | Available through MT4/MT5 APIs, suitable for retail automated strategies | FIX API for high-frequency, institutional-grade trading |
Target Client Base | Primarily retail traders, some institutional clients with Pro accounts | Institutional and professional traders, emphasis on high-net-worth and advanced users |
Auditing and Compliance | Regular third-party audits for regulatory compliance | Regular audits, adheres to multi-jurisdictional compliance |
Research Partner | Trading Central for analysis and insights | Basic research, third-party analysis tools |
Swap-Free Options for Non-Islamic Accounts | Swap-free available only on Islamic accounts | Swap-free options extend to some non-Islamic accounts, based on region |
Client Onboarding Process | Fast and automated onboarding for most regions, simple registration process | Manual document review may delay onboarding, with detailed KYC process |
Margin Requirements | Variable margin requirements depending on leverage, lower for lower-risk assets | Strict margin requirements, adjustable for professional accounts |
Trailing Stop Flexibility | Fully functional on both MT4 and MT5, customizable within Exness Trader | Available on MT4 and MT5, less flexible within the Doo Prime Intrade platform |
Order Book Transparency | Available on MT5 with full market depth display for advanced users | Full market depth on MT5 and Intrade, enhanced transparency for ECN accounts |
Investment and PAMM/MAM Accounts | Limited MAM features, focuses on copy trading and social trading options | PAMM/MAM available, suitable for asset managers and professional traders |
Automated Trading Community | Exness Social Trading app, highly active trading community | Small but growing community, supports third-party social trading platforms |
Available Trading Instruments (Exotics) | Wide selection of forex pairs, including exotics, cryptocurrencies | Fewer exotic forex pairs and limited crypto, mostly major and minor pairs |
Execution Speed and Latency | Very low latency, optimized infrastructure for rapid order execution | Low latency, FIX API available for HFT and institutional trading |
Insurance for Client Funds | Investor compensation fund under regulatory bodies | Client funds insured under specific regulations, especially FCA and ASIC |
Web Trading Platform | WebTrader available, simple interface, lacks advanced customization | Doo Prime Intrade WebTrader, more customizable, responsive for different devices |
Data Protection Compliance | GDPR-compliant for European clients, strict data handling policies | GDPR, AML, and CCPA-compliant, multi-jurisdictional data security |
User-Friendly Interface | Intuitive UI, beginner-friendly with easy navigation | Professional-looking interface, may require advanced knowledge for best use |
Server Location Options | Multiple server locations globally, allowing lower latency for regional users | Fewer server locations, focus on regions with a high client base |
Research and Development Focus | Heavy investment in mobile trading technology and social trading | Focus on institutional trading infrastructure, research for ECN improvements |
Community Events and Webinars | Regular webinars, events, and trading competitions for community engagement | Few community events, occasional educational webinars for clients |
Risk Management Tools | Stop-out level varies by account, standard risk management tools in-app | Fixed stop-out levels, enhanced risk tools for ECN accounts |
Platform Customizability for Pro Users | Limited customization for advanced users, primarily preset MT4/MT5 features | Highly customizable for professional accounts, especially through FIX API |
Platform-Specific Tools | Exness Trader has in-built risk and portfolio management tools | Doo Prime Intrade offers advanced analysis and institutional-grade tools |
Fee Transparency | Detailed breakdown in the app, visible on the trading dashboard | Comprehensive fee breakdown provided on platform, based on region and account |
Account Transfer Capability | Seamless internal transfer between accounts in the same base currency | Limited to same-base-currency transfers, with minor processing time |
Daily Rollover and Swap Fees | Competitive rates on swap fees, visible in the trading terminal | Slightly higher swap fees, dependent on liquidity provider |
Asset Diversification | Wide asset class offering, including metals, indices, and energies | Fewer indices and commodities, primarily forex and major commodities |
Interest on Free Margin | No interest on free margin | May offer interest on free margin for high-net-worth accounts |
VIP and High-Volume Trader Perks | Priority support, personalized account manager, exclusive educational content for VIPs | Tailored services for high-volume traders, including direct FIX API access |
Platform Integration with Third Parties | Limited integration with third-party tools outside of MT4/MT5 | API access allows robust integration with various third-party tools |
Physical Office Locations | Offices in major regions like the EU, Middle East, and Asia | Few physical locations, primarily in Asia and Europe |
Client Base Size | Large client base, particularly in Asia and Europe | Smaller but growing client base, popular among institutional traders |
Accessibility for New Traders | Beginner-friendly, with ample resources and tutorials | Primarily targets experienced traders, fewer beginner resources |
Funding Currencies Flexibility | Wide range of funding currencies, especially crypto-friendly | Limited funding currency options compared to Exness |
Exness is ideal for beginner and retail traders with competitive spreads, high leverage, and a social trading app. Doo Prime targets institutional and high-frequency traders with its FIX API and ECN accounts.