Feature | XM Trading | Doo Prime |
---|---|---|
Year Founded | 2009 | 2014 |
Regulation | ASIC (Australia), CySEC (Cyprus), IFSC (Belize) | FCA (UK), ASIC (Australia), SEC (USA), FINRA (USA), FSA (Seychelles), FSC (Mauritius), VFSC (Vanuatu) |
Minimum Deposit | $5 | $100 |
Account Types | Micro, Standard, XM Ultra Low, Shares | Cent, STP, ECN |
Trading Platforms | MT4, MT5, XM WebTrader | MT4, MT5, TradingView, Doo Prime InTrade |
Tradable Instruments | Forex, CFDs on Stocks, Commodities, Indices, Metals, Energies | Forex, CFDs on Stocks, Indices, Commodities, Futures, ETFs |
Leverage | Up to 1:888 (varies by entity and instrument) | Up to 1:1000 |
Spreads | From 0.6 pips | From 0.0 pips |
Commission | None on most accounts; $3.5 per lot per side on Shares account | $10 per lot on ECN accounts; none on STP accounts |
Deposit Methods | Bank Transfer, Credit/Debit Cards, Skrill, Neteller, UnionPay, WebMoney | Bank Transfer, Credit/Debit Cards, Skrill, FasaPay, Apple Pay, Google Wallet, UnionPay |
Withdrawal Methods | Bank Transfer, Credit/Debit Cards, Skrill, Neteller, UnionPay, WebMoney | Bank Transfer, Credit/Debit Cards, Skrill, FasaPay, Apple Pay, Google Wallet, UnionPay |
Processing Time for Deposits/Withdrawals | Instant for most methods; bank transfers may take 2-5 business days | Deposits: Instant for most methods; Withdrawals: 1-3 business days |
Fees on Deposits/Withdrawals | No fees | No fees |
Inactivity Fee | Yes, after 90 days of inactivity | No |
Negative Balance Protection | Yes | Yes |
Islamic (Swap-Free) Accounts | Yes | Yes |
Demo Accounts | Yes | Yes |
Customer Support | 24/5 via Live Chat, Email, Phone | 24/7 via Live Chat, Email, Phone |
Educational Resources | Webinars, Video Tutorials, Forex Seminars, Educational Articles | Articles, Video Tutorials, Webinars, Market Analysis |
Research Tools | Market Analysis, Forex News, Technical Summaries | Trading Central, Economic Calendar, Market News |
Social/Copy Trading | No | Yes, via Outrade and FOLLOWME platforms |
VPS Services | Yes, free for eligible clients | Yes, available for high-volume traders |
Promotions/Bonuses | Deposit bonuses, trading contests (varies by region) | 25% Deposit Bonus up to $2,000 |
Languages Supported | Multiple languages including English, Chinese, Arabic, Spanish, and more | English, Chinese, Malay, Thai, Vietnamese, Korean, Portuguese, Arabic, Spanish, Farsi, Hindi, Urdu, Japanese |
Headquarters | Limassol, Cyprus | Dallas, USA; Sydney, Australia; Singapore; Hong Kong; Dubai; Kuala Lumpur |
Order Execution Type | Market Execution | Market Execution |
Execution Speed | <1 second | Ultra-fast execution with low latency |
Slippage Control | Yes, but may occur in volatile markets | Yes, with minimal slippage due to high-speed execution |
Hedging Allowed | Yes | Yes |
Scalping Allowed | Yes | Yes |
Stop Out Level | 20% (varies by region) | 50% |
Margin Call Level | 50% | 80% |
Trading Fees on CFDs | Low | Competitive with tight spreads |
Swap Fees | Applicable on standard accounts | Applicable unless using swap-free accounts |
Asset Classes | Forex, Stocks, Commodities, Indices, Energies, Cryptos | Forex, Stocks, Indices, Commodities, Futures, ETFs, Bonds, Cryptos |
Number of Tradable Instruments | 1000+ | 10,000+ |
Depth of Market (DOM) | No | Yes |
Raw Spread Accounts | No, but Ultra Low Account offers lower spreads | Yes, ECN Account offers raw spreads |
API Trading | No | Yes, via FIX API |
Algo/Automated Trading | Yes, via Expert Advisors (EAs) on MT4/MT5 | Yes, via MT4, MT5, FIX API |
Stock CFDs Available? | Yes, but limited | Yes, extensive offering |
ETF Trading | No | Yes |
Cryptocurrency Trading | Yes, but limited | Yes, with a broader selection |
Bond Trading | No | Yes |
Futures Trading | No | Yes |
Options Trading | No | No |
Rebate/Loyalty Program | Yes, for active traders | No |
Custom Indicators | Yes, via MT4/MT5 | Yes, via TradingView, MT4, MT5 |
Social Trading/Copy Trading | No | Yes, via FOLLOWME and Outrade |
Segregated Client Funds | Yes | Yes |
Fund Protection Scheme | Yes, in regulated jurisdictions | Yes, in regulated jurisdictions |
Regulatory Restrictions on Bonuses | Yes, varies by jurisdiction | Yes, varies by jurisdiction |
Trading Competitions | Yes, for eligible clients | No |
VIP/Professional Account | Yes, for high-net-worth clients | Yes, for high-volume traders |
Affiliate/IB Program | Yes, with tiered commission structure | Yes, with flexible commission plans |
Server Locations | Multiple global data centers | Equinix data centers in London, New York, and Hong Kong |
Latency Reduction Features | No specific claims | Yes, ultra-low latency infrastructure |
Investor Protection Insurance | Yes, in certain regulated regions | Yes, in certain regulated regions |
Partnership Programs | Yes, including IBs and White Label solutions | Yes, including IBs, White Label, and Asset Management solutions |
Mobile Trading App | MT4/MT5 mobile app | Doo Prime InTrade, MT4, MT5 mobile app |
Multi-Account Manager (MAM/PAMM) | Yes | Yes |
Regulatory Complaints Handling | Follows standard procedures of regulatory bodies | Strict compliance with global regulations |
Corporate/Institutional Accounts | Yes | Yes |
Max Open Positions | 200 | Unlimited |
Max Order Volume Per Trade | 50 lots | 100 lots |
Trailing Stop Orders | Yes | Yes |
Guaranteed Stop-Loss | No | No |
Customizable Leverage | Yes, based on account type and jurisdiction | Yes, up to 1:1000 |
Fractional Lot Trading | Yes | Yes |
One-Click Trading | Yes | Yes |
Limit & Stop Order Execution | Yes, with high execution speed | Yes, ultra-fast execution |
Pending Orders | Yes, up to 50 pending orders | Yes, with no limit specified |
Weekend Trading | No, except for cryptocurrencies | Yes, for some markets |
Extended Hours Trading | No | Yes, for select assets |
Market Maker or ECN? | Market Maker | ECN/STP |
VIP Account Benefits | Lower spreads, faster execution, priority support | Raw spreads, faster execution, exclusive services |
Price Alerts & Notifications | Yes, via MT4/MT5 | Yes, via MT4, MT5, and TradingView |
Market Sentiment Tools | No | Yes |
Custom Trading Conditions for High-Volume Traders | Yes | Yes, with personal account managers |
Access to Trading Signals | Yes, via MQL5, Trading Central | Yes, via Trading Central, third-party providers |
Daily Market Reports | Yes | Yes |
News Feeds Integration | Yes, via MetaTrader | Yes, premium news feeds |
AI/ML Trading Features | No | Yes, via Doo Prime's proprietary tools |
Cryptocurrency Deposits & Withdrawals | No | Yes |
Multi-Currency Accounts | Yes | Yes |
Exclusive Private Trading Server | No | Yes, for VIP clients |
Dedicated Account Manager | Yes, for VIP clients | Yes, for premium traders |
Trading Insurance & Risk Management Tools | No | Yes, with advanced risk control options |
Cross-Platform Compatibility | MT4, MT5, WebTrader | MT4, MT5, TradingView, Doo Prime InTrade |
Forex Signals & Strategy Automation | Yes, via MetaTrader plugins | Yes, via AI-driven strategy tools |
Server Disconnection Protection | No | Yes, with backup systems |
Advanced Liquidity Providers (LPs) | No public disclosure | Yes, through multiple Tier-1 banks |
Direct Market Access (DMA) | No | Yes, for institutional traders |
Institutional-Level Liquidity | No | Yes, for large traders and firms |
Regulated Fund Segregation for Institutions | Yes | Yes |
Support for HFT (High-Frequency Trading) | No | Yes |
Trading Volume Discounts | No | Yes, for institutional clients |
Multi-Language Trading Support | Yes | Yes |
Platform Downtime History | Minimal | Near-zero, due to advanced infrastructure |
Advanced Trading Indicators | Yes, via MetaTrader marketplace | Yes, includes proprietary tools |
Smart Order Routing (SOR) | No | Yes |
Autochartist & Pattern Recognition Tools | No | Yes, available for traders |
Multiple Order Execution Models | Market execution only | ECN, STP, DMA execution models |
Market Depth Data for Analysis | No | Yes, via Doo Prime’s liquidity pools |
Algo Trading Support | Yes, via Expert Advisors (EAs) | Yes, via MT4, MT5, and API |
Risk-Free Trades for Beginners | No | No |
Custom Swap-Free Solutions | No, only Islamic accounts | Yes, tailored for specific clients |
Live Streaming Webinars & Coaching | Yes, regularly available | Yes, with expert traders |
Historical Data Access for Backtesting | No | Yes, for quantitative traders |
Regulatory Compliance Audits | Yes, annually | Yes, periodically |
Unique Asset Classes (e.g., Carbon Credits, Exotic Forex Pairs) | No | Yes, with expanded asset offerings |
Premium Trading Tools Subscription | No | Yes, available at a cost |
Advanced Hedging Strategies Supported | No restrictions | No restrictions |
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.