XM Trading vs Doo Prime Comparison & Reviews

FeatureXM TradingDoo Prime
Year Founded20092014
RegulationASIC (Australia), CySEC (Cyprus), IFSC (Belize)FCA (UK), ASIC (Australia), SEC (USA), FINRA (USA), FSA (Seychelles), FSC (Mauritius), VFSC (Vanuatu)
Minimum Deposit$5$100
Account TypesMicro, Standard, XM Ultra Low, SharesCent, STP, ECN
Trading PlatformsMT4, MT5, XM WebTraderMT4, MT5, TradingView, Doo Prime InTrade
Tradable InstrumentsForex, CFDs on Stocks, Commodities, Indices, Metals, EnergiesForex, CFDs on Stocks, Indices, Commodities, Futures, ETFs
LeverageUp to 1:888 (varies by entity and instrument)Up to 1:1000
SpreadsFrom 0.6 pipsFrom 0.0 pips
CommissionNone on most accounts; $3.5 per lot per side on Shares account$10 per lot on ECN accounts; none on STP accounts
Deposit MethodsBank Transfer, Credit/Debit Cards, Skrill, Neteller, UnionPay, WebMoneyBank Transfer, Credit/Debit Cards, Skrill, FasaPay, Apple Pay, Google Wallet, UnionPay
Withdrawal MethodsBank Transfer, Credit/Debit Cards, Skrill, Neteller, UnionPay, WebMoneyBank Transfer, Credit/Debit Cards, Skrill, FasaPay, Apple Pay, Google Wallet, UnionPay
Processing Time for Deposits/WithdrawalsInstant for most methods; bank transfers may take 2-5 business daysDeposits: Instant for most methods; Withdrawals: 1-3 business days
Fees on Deposits/WithdrawalsNo feesNo fees
Inactivity FeeYes, after 90 days of inactivityNo
Negative Balance ProtectionYesYes
Islamic (Swap-Free) AccountsYesYes
Demo AccountsYesYes
Customer Support24/5 via Live Chat, Email, Phone24/7 via Live Chat, Email, Phone
Educational ResourcesWebinars, Video Tutorials, Forex Seminars, Educational ArticlesArticles, Video Tutorials, Webinars, Market Analysis
Research ToolsMarket Analysis, Forex News, Technical SummariesTrading Central, Economic Calendar, Market News
Social/Copy TradingNoYes, via Outrade and FOLLOWME platforms
VPS ServicesYes, free for eligible clientsYes, available for high-volume traders
Promotions/BonusesDeposit bonuses, trading contests (varies by region)25% Deposit Bonus up to $2,000
Languages SupportedMultiple languages including English, Chinese, Arabic, Spanish, and moreEnglish, Chinese, Malay, Thai, Vietnamese, Korean, Portuguese, Arabic, Spanish, Farsi, Hindi, Urdu, Japanese
HeadquartersLimassol, CyprusDallas, USA; Sydney, Australia; Singapore; Hong Kong; Dubai; Kuala Lumpur
Order Execution TypeMarket ExecutionMarket Execution
Execution Speed<1 secondUltra-fast execution with low latency
Slippage ControlYes, but may occur in volatile marketsYes, with minimal slippage due to high-speed execution
Hedging AllowedYesYes
Scalping AllowedYesYes
Stop Out Level20% (varies by region)50%
Margin Call Level50%80%
Trading Fees on CFDsLowCompetitive with tight spreads
Swap FeesApplicable on standard accountsApplicable unless using swap-free accounts
Asset ClassesForex, Stocks, Commodities, Indices, Energies, CryptosForex, Stocks, Indices, Commodities, Futures, ETFs, Bonds, Cryptos
Number of Tradable Instruments1000+10,000+
Depth of Market (DOM)NoYes
Raw Spread AccountsNo, but Ultra Low Account offers lower spreadsYes, ECN Account offers raw spreads
API TradingNoYes, via FIX API
Algo/Automated TradingYes, via Expert Advisors (EAs) on MT4/MT5Yes, via MT4, MT5, FIX API
Stock CFDs Available?Yes, but limitedYes, extensive offering
ETF TradingNoYes
Cryptocurrency TradingYes, but limitedYes, with a broader selection
Bond TradingNoYes
Futures TradingNoYes
Options TradingNoNo
Rebate/Loyalty ProgramYes, for active tradersNo
Custom IndicatorsYes, via MT4/MT5Yes, via TradingView, MT4, MT5
Social Trading/Copy TradingNoYes, via FOLLOWME and Outrade
Segregated Client FundsYesYes
Fund Protection SchemeYes, in regulated jurisdictionsYes, in regulated jurisdictions
Regulatory Restrictions on BonusesYes, varies by jurisdictionYes, varies by jurisdiction
Trading CompetitionsYes, for eligible clientsNo
VIP/Professional AccountYes, for high-net-worth clientsYes, for high-volume traders
Affiliate/IB ProgramYes, with tiered commission structureYes, with flexible commission plans
Server LocationsMultiple global data centersEquinix data centers in London, New York, and Hong Kong
Latency Reduction FeaturesNo specific claimsYes, ultra-low latency infrastructure
Investor Protection InsuranceYes, in certain regulated regionsYes, in certain regulated regions
Partnership ProgramsYes, including IBs and White Label solutionsYes, including IBs, White Label, and Asset Management solutions
Mobile Trading AppMT4/MT5 mobile appDoo Prime InTrade, MT4, MT5 mobile app
Multi-Account Manager (MAM/PAMM)YesYes
Regulatory Complaints HandlingFollows standard procedures of regulatory bodiesStrict compliance with global regulations
Corporate/Institutional AccountsYesYes
Max Open Positions200Unlimited
Max Order Volume Per Trade50 lots100 lots
Trailing Stop OrdersYesYes
Guaranteed Stop-LossNoNo
Customizable LeverageYes, based on account type and jurisdictionYes, up to 1:1000
Fractional Lot TradingYesYes
One-Click TradingYesYes
Limit & Stop Order ExecutionYes, with high execution speedYes, ultra-fast execution
Pending OrdersYes, up to 50 pending ordersYes, with no limit specified
Weekend TradingNo, except for cryptocurrenciesYes, for some markets
Extended Hours TradingNoYes, for select assets
Market Maker or ECN?Market MakerECN/STP
VIP Account BenefitsLower spreads, faster execution, priority supportRaw spreads, faster execution, exclusive services
Price Alerts & NotificationsYes, via MT4/MT5Yes, via MT4, MT5, and TradingView
Market Sentiment ToolsNoYes
Custom Trading Conditions for High-Volume TradersYesYes, with personal account managers
Access to Trading SignalsYes, via MQL5, Trading CentralYes, via Trading Central, third-party providers
Daily Market ReportsYesYes
News Feeds IntegrationYes, via MetaTraderYes, premium news feeds
AI/ML Trading FeaturesNoYes, via Doo Prime's proprietary tools
Cryptocurrency Deposits & WithdrawalsNoYes
Multi-Currency AccountsYesYes
Exclusive Private Trading ServerNoYes, for VIP clients
Dedicated Account ManagerYes, for VIP clientsYes, for premium traders
Trading Insurance & Risk Management ToolsNoYes, with advanced risk control options
Cross-Platform CompatibilityMT4, MT5, WebTraderMT4, MT5, TradingView, Doo Prime InTrade
Forex Signals & Strategy AutomationYes, via MetaTrader pluginsYes, via AI-driven strategy tools
Server Disconnection ProtectionNoYes, with backup systems
Advanced Liquidity Providers (LPs)No public disclosureYes, through multiple Tier-1 banks
Direct Market Access (DMA)NoYes, for institutional traders
Institutional-Level LiquidityNoYes, for large traders and firms
Regulated Fund Segregation for InstitutionsYesYes
Support for HFT (High-Frequency Trading)NoYes
Trading Volume DiscountsNoYes, for institutional clients
Multi-Language Trading SupportYesYes
Platform Downtime HistoryMinimalNear-zero, due to advanced infrastructure
Advanced Trading IndicatorsYes, via MetaTrader marketplaceYes, includes proprietary tools
Smart Order Routing (SOR)NoYes
Autochartist & Pattern Recognition ToolsNoYes, available for traders
Multiple Order Execution ModelsMarket execution onlyECN, STP, DMA execution models
Market Depth Data for AnalysisNoYes, via Doo Prime’s liquidity pools
Algo Trading SupportYes, via Expert Advisors (EAs)Yes, via MT4, MT5, and API
Risk-Free Trades for BeginnersNoNo
Custom Swap-Free SolutionsNo, only Islamic accountsYes, tailored for specific clients
Live Streaming Webinars & CoachingYes, regularly availableYes, with expert traders
Historical Data Access for BacktestingNoYes, for quantitative traders
Regulatory Compliance AuditsYes, annuallyYes, periodically
Unique Asset Classes (e.g., Carbon Credits, Exotic Forex Pairs)NoYes, with expanded asset offerings
Premium Trading Tools SubscriptionNoYes, available at a cost
Advanced Hedging Strategies SupportedNo restrictionsNo restrictions
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XM Trading is a user-friendly, low-cost broker ideal for retail traders, while Doo Prime offers institutional-grade liquidity, advanced trading tools, and superior execution speed. Doo Prime caters to high-frequency traders, algo traders, and professionals, whereas XM Trading is more accessible for beginners.