Written by ForexBrokers.com
In this head to head comparison of CMC Markets vs DooPrime, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CMC Markets, established in 1989, stands out in the world of online brokers with an impressive Trust Score of 99 out of 99, according to ForexBrokers.com, placing it in the highly trusted category. This publicly traded firm boasts five Tier-1 licenses and one Tier-2 license, showcasing a strong regulatory framework. Although it is not a bank, its high level of management and extensive experience make it a reliable choice for investors seeking a well-regulated broker.
DooPrime, founded in 2014, is a newer player in the online brokerage landscape. It has earned a respectable Trust Score of 83, categorizing it as trusted. Despite not being a publicly traded company and lacking any Tier-2 licenses, DooPrime holds four Tier-1 licenses, reflecting a solid regulatory standing. While both companies offer reliability, CMC Markets presents a more firmly established and highly rated option for those prioritizing regulatory oversight and trust.
| Feature |
CMC Markets
|
DooPrime
|
|---|---|---|
| Year Founded | 1989 | 2014 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 5 | 4 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
CMC Markets and DooPrime differ significantly in their commissions and fees, critically impacting the cost of trading for their users. CMC Markets shines in this area, clinching the #1 spot in the Commissions and Fees category in the 2025 Annual Awards. It offers consistently competitive average spreads of 0.61 pips on EUR/USD (based on August 2023 data) across various account types. The company’s attractive active trader program, known as the Price Plus Scheme, offers discounts that increase with trading volume. Its innovative FX Active pricing structure further benefits traders in regions like Southeast Asia, Australia, New Zealand, Canada, and the U.K. by providing commission-based pricing of $2.50 per side with minimum spreads of zero pips, leading to highly competitive all-in costs.
In contrast, DooPrime's commission and fee structure is less competitive, earning it a rank of #58 out of 62 brokers in the same awards category. Unlike CMC Markets, DooPrime lacks publicly available average spread data, which can make it harder for traders to assess potential costs upfront. This lack of transparency contributes to its lower fees rating of only 3 stars out of five compared to CMC Markets' perfect 5-star rating. Without the benefit of a program like FX Active, DooPrime may not offer the same level of cost-efficiency for traders looking to reduce their trading expenses through lower spreads or commission-based models.
When choosing a broker, it's critical to consider how their fee structures align with your trading habits. CMC Markets clearly excels in offering a comprehensive and cost-effective trading environment, particularly for active traders. Meanwhile, DooPrime lags behind, making it less appealing for those keen on minimizing trading costs. Both brokers provide unique opportunities, but understanding their pricing can help better tailor your choice to fit your trading needs.
| Feature |
CMC Markets
|
DooPrime
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 0.61 | N/A |
| All-in Cost EUR/USD - Active | 0.51 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
CMC Markets and DooPrime both offer extensive trading options, featuring a wide array of markets for both beginners and seasoned traders. CMC Markets provides over 11,925 tradeable symbols and an impressive 156 forex pairs. This diverse selection is complemented by access to exchange-traded securities on both U.S. and international exchanges, allowing clients to invest in well-known stocks like Apple and Vodafone. Additionally, CMC Markets offers forex trading as CFDs or spot contracts and cryptocurrency derivatives, adding more flexibility for traders. They also facilitate modern trading methods such as copy trading, receiving a high rating of 5 stars in the Range of Investments category and ranking 9th out of 62 brokers on ForexBrokers.com.
DooPrime, on the other hand, offers a strong suite of options with 10,000 tradeable symbols and 60 forex pairs. Clients have the ability to participate in forex trading through CFDs or spot contracts and can trade exchange-traded securities on both U.S. and international platforms, similar to CMC Markets. However, unlike CMC Markets, DooPrime does not currently offer cryptocurrency derivatives. Like its counterpart, it provides copy trading and also holds a 5-star rating for its range of investments, ranking 12th on ForexBrokers.com. Despite the lack of cryptocurrency derivatives, DooPrime remains a formidable choice with its comprehensive selections to suit a variety of investment strategies.
| Feature |
CMC Markets
|
DooPrime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 11925 | 10000 |
| Forex Pairs (Total) | 156 | 60 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | No |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
CMC Markets and DooPrime both offer an impressive range of features for online trading, catering to beginners and experienced traders alike. Both brokers provide simulated trading with free virtual demo accounts, allowing users to practice without financial risk. CMC Markets and DooPrime have developed their own in-house proprietary platforms, which are accessible on both Windows-based desktops and web browsers. Additionally, they both support the widely favored MetaTrader 4 and MetaTrader 5 platforms, offering options for traders who prefer these industry-standard tools. Features like copy trading are available with both brokers, although neither supports DupliTrade or ZuluTrade. Both platforms enable direct trading from stock charts, streamlining the trading process.
While both CMC Markets and DooPrime have much in common, there are some notable differences. CMC Markets provides 40 drawing tools for charting compared to DooPrime’s 15, and offers richer watch lists with 11 fields versus DooPrime's 7. This added depth in tools and customizability reflects in their ratings, with CMC Markets scoring 5 stars for Trading Platforms and Tools, while DooPrime receives 4 stars. In terms of rankings, CMC Markets stands out at #4 out of 62 brokers in the Trading Platforms and Tools category, whereas DooPrime is ranked at #25. This comparative analysis highlights CMC Markets as the stronger choice for traders seeking advanced tools and a higher degree of flexibility.
| Feature |
CMC Markets
|
DooPrime
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 79 | 30 |
| Charting - Drawing Tools (Total) | 40 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both CMC Markets and DooPrime provide comprehensive mobile trading experiences with apps available for both iPhone and Android devices. These platforms feature stock and forex price alerts and allow users to draw trendlines and view charts in multiple time frames. Notably, CMC Markets offers a standout feature where watchlists sync seamlessly between the mobile app and the client's online account, something that DooPrime currently does not support. While both apps offer similar functionality, CMC Markets also delivers an impressive 29 technical studies in its charting tools, slightly fewer than DooPrime's offering of 30 technical studies.
In terms of user ratings and rankings, CMC Markets garners an impressive 5-star rating for its mobile trading app, securing a solid 5th place out of 62 brokers according to ForexBrokers.com. DooPrime, while still offering a quality app experience, holds a 4-star rating and is ranked 25th. Both platforms allow users to create watchlists with real-time quotes and automatically save chart drawings. However, the overall rank and ratings suggest that CMC Markets may provide a slightly more refined experience for mobile traders seeking seamless integration and enhanced user engagement.
| Feature |
CMC Markets
|
DooPrime
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 29 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both CMC Markets and DooPrime stand out by offering daily market commentary and forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones. However, there are notable differences in their offerings. CMC Markets provides traders with technical analysis tools from Autochartist and offers a sentiment-based trading tool that displays a ratio of long or short positions across various currency pairs. In contrast, while DooPrime does not offer Autochartist tools or a sentiment-based trading tool, it features technical analysis tools from Trading Central, which adds a unique edge for traders who prioritize technical insights.
Both brokers include economic calendars to keep traders informed of vital global news events, which is crucial for staying updated in fast-moving markets. Despite these similarities, CMC Markets excels overall, earning a five-star rating for research and ranking 6th among 62 brokers according to ForexBrokers.com. DooPrime, while offering quality research, is rated four stars and ranked 29th, reflecting its differences in research tool offerings. These distinctions make CMC Markets a strong contender for traders who value comprehensive and varied market insights.
| Feature |
CMC Markets
|
DooPrime
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at CMC Markets and DooPrime, both platforms offer at least ten educational pieces focused on forex or CFDs through articles, videos, or archived webinars. However, only CMC Markets provides a searchable archive of past webinars, enhancing its offering for those who prefer learning at their own pace. Both companies deliver an array of beginner-focused and advanced educational videos, supporting traders at all stages with valuable insights.
Although neither CMC Markets nor DooPrime hosts monthly online educational webinars, CMC Markets stands out with an investor dictionary containing over 50 investing terms, a helpful tool for fledgling traders looking to expand their trading vocabulary. In terms of educational quality, CMC Markets edges out DooPrime with a 5-star rating, ranked 10th overall compared to DooPrime's respectable 4-star rating, placing it 25th among 62 brokers on ForexBrokers.com. This comparison highlights CMC Markets' dedication to providing a comprehensive educational experience for beginners.
| Feature |
CMC Markets
|
DooPrime
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that CMC Markets is better than DooPrime. CMC Markets finished with an overall rank of #4, while DooPrime finished with an overall rank of #28.
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments.
| Feature |
CMC Markets
|
DooPrime
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 83 |
| Range of Investments |
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| Commissions & Fees |
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| Platform & Tools |
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When comparing CMC Markets and DooPrime, it's important to note that while neither broker offers the ability to purchase actual delivered cryptocurrencies, only CMC Markets provides the option to trade cryptocurrency derivatives.
CMC Markets and DooPrime both support PayPal, Visa, Mastercard, and bank wire transfers for depositing and withdrawing funds, but CMC Markets also offers ACH and SEPA transfers, while DooPrime provides Skrill as an additional option.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | CMC Markets | DooPrime | |
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| Trust Score | 99 | 83 | |
| Winner | check_circle | ||
| Review | CMC Markets Review |
| Broker Screenshots | CMC Markets | DooPrime | |
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| Regulation | CMC Markets | DooPrime | |
|---|---|---|---|
| Trust Score | 99 | 83 | |
| Year Founded | 1989 | 2014 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 5 | 4 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 3 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | DooPrime | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | CMC Markets | DooPrime | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | CMC Markets | DooPrime | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 11925 | 10000 | |
| Forex Pairs (Total) | 156 | 60 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | No | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | CMC Markets | DooPrime | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.61 | N/A | |
| All-in Cost EUR/USD - Active | 0.51 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | CMC Markets | DooPrime | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | CMC Markets | DooPrime | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | CMC Markets | DooPrime | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 79 | 30 | |
| Charting - Drawing Tools (Total) | 40 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | CMC Markets | DooPrime | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 29 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | CMC Markets | DooPrime | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | DooPrime | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | CMC Markets | DooPrime | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | CMC Markets Review |
| Overall | CMC Markets | DooPrime | |
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| Trust Score | 99 | 83 | |
| Winner | check_circle | ||
| Review | CMC Markets Review |
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