Written by ForexBrokers.com
In this head to head comparison of DooPrime vs Forex4you, 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.
When comparing online brokers DooPrime and Forex4you, several key differences in their regulatory status and trust ratings emerge. Founded in 2014, DooPrime has established a reputable presence by holding four Tier-1 licenses, which are highly trusted according to ForexBrokers.com. This contributes to its Trust Score of 83 out of 99, reflecting a trusted level of reliability. In contrast, Forex4you, established in 2007, holds no Tier-1 licenses and has a Trust Score of 61, indicating a high-risk classification.
Neither DooPrime nor Forex4you is publicly traded or operates as a bank. Despite their similar non-public and non-banking statuses, the significant variance in their trust scores and regulatory licenses can help potential investors or traders make more informed decisions. With DooPrime's higher Trust Score and regulatory backing, it offers a different set of considerations compared to Forex4you's standing in the online brokerage landscape.
| Feature |
DooPrime
|
Forex4you
|
|---|---|---|
| Year Founded | 2014 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 0 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing DooPrime and Forex4you on commissions and fees, both brokers have their unique offerings, though neither provides average spread data. DooPrime is rated 3 out of 5 stars for its commission and fees. This ranking reflects a middle-ground stance in terms of cost effectiveness. In a competitive analysis by ForexBrokers.com, DooPrime holds the #58 position out of 62 brokers in the Commissions and Fees category.
On the other hand, Forex4you fares slightly better with a rating of 3.5 out of 5 stars for its commission and fees. This marginally higher rating suggests a more cost-friendly approach compared to its peer. ForexBrokers.com ranks Forex4you at #53 out of 62 brokers for commissions and fees, indicating a somewhat more favorable standing than DooPrime in this category.
| Feature |
DooPrime
|
Forex4you
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to offering an extensive range of investment options, DooPrime stands out significantly in comparison to Forex4you. DooPrime offers access to a whopping 10,000 tradeable symbols, including 60 forex pairs, and allows for trading in exchange-traded securities on both U.S. and international exchanges. This means that clients can directly invest in major companies like Apple and Vodafone. Forex4you, on the other hand, provides access to 150 tradeable symbols, including 43 forex pairs, but does not offer trading in exchange-traded securities on major exchanges. Both platforms do support forex trading as CFDs or spot contracts and offer copy trading options, allowing investors to mirror successful trading strategies.
In addition to traditional investment options, DooPrime and Forex4you both provide avenues for engaging with the cryptocurrency market, although in different capacities. DooPrime does not offer the ability to buy actual cryptocurrencies or derivatives. However, Forex4you allows its users to invest in cryptocurrency derivatives. These factors contribute to DooPrime receiving a higher rating of 5 stars for its range of investments, as opposed to Forex4you’s 3.5 stars. According to ForexBrokers.com, DooPrime ranks 12th out of 62 brokers for their investment choices, whereas Forex4you ranks 58th, reflecting DooPrime’s superior offerings in comparison.
| Feature |
DooPrime
|
Forex4you
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 150 |
| Forex Pairs (Total) | 60 | 43 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | No | Yes |
| 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.
When examining trading platforms and tools, both DooPrime and Forex4you stand out by offering a wide range of features tailored for traders of varying levels of expertise. Both brokers provide users with simulated trading capabilities, allowing new traders to practice without financial risk. They each have developed their own proprietary trading platforms and offer compatibility with popular options like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). This flexibility ensures that traders are spoiled for choice, whether they prefer a Windows-based desktop download or trading directly via a web browser. Notably, both brokers also support copy trading, giving users the opportunity to mirror successful trading strategies. However, options like DupliTrade and ZuluTrade are not available with either broker.
Charting remains a strong point for both DooPrime and Forex4you, with each broker offering 15 drawing tools and direct trading from stock charts. Traders looking for a detailed view can expect seven configurable columns within their watch lists. Despite the similarities, DooPrime slightly edges out with a higher ranking in Trading Platforms and Tools on ForexBrokers.com, standing at #25 compared to Forex4you's #52. Both brokers, however, share a respectable four-star rating, reflecting their commitment to delivering quality trading solutions suitable for a range of trading strategies.
| Feature |
DooPrime
|
Forex4you
|
|---|---|---|
| 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) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both DooPrime and Forex4you provide comprehensive mobile trading experiences for iOS and Android devices, allowing users to stay connected and manage their investments on the go. Both platforms offer convenient stock and forex price alerts, enabling traders to act quickly on potential opportunities. Each app provides 30 technical studies, empowering traders to make informed decisions, and both support drawing trendlines directly on charts with multiple time frames, such as daily, weekly, or intraday views. The apps even automatically save chart drawings, which adds to the user's convenience.
However, there are some limitations to consider. Neither DooPrime nor Forex4you offer syncing of watchlists between the mobile app and the user's online account, which may affect those who trade on multiple devices. Despite these limitations, both brokers allow for the creation of watchlists with real-time quotes. When rated for their mobile trading apps, DooPrime and Forex4you both achieve a solid 4 out of 5 stars, though DooPrime is ranked higher at number 24 compared to Forex4you's position at number 50 according to ForexBrokers.com. Ultimately, while both offer quality apps, DooPrime edges out with a better ranking among peers.
| Feature |
DooPrime
|
Forex4you
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 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.
DooPrime and Forex4you both provide traders with valuable daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. When it comes to technical analysis tools, DooPrime offers access to Trading Central's insights, whereas Forex4you not only provides Trading Central's resources but also integrates Autochartist tools to aid in market analysis. Both brokers present a helpful economic calendar to keep traders informed about key global events, ensuring you stay updated on essential market movements.
Despite similar offerings in market commentary and news, DooPrime edges ahead in research tools quality with a 4-star rating, compared to Forex4you's 3.5 stars. Furthermore, DooPrime ranks 29th and Forex4you 47th among 62 brokers on ForexBrokers.com, indicating a stronger overall research competency for DooPrime. Neither broker offers sentiment-based trading tools or insights from TipRanks and Acuity Trading, highlighting areas for potential improvement in their research features.
| Feature |
DooPrime
|
Forex4you
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | No | 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 offered by DooPrime and Forex4you, both brokers provide at least ten pieces of educational content focused on forex or CFDs. However, DooPrime stands out in terms of video content aimed at beginners, offering over ten videos specifically tailored to those new to trading. In contrast, Forex4you does not match this level of beginner-focused video content. Additionally, DooPrime provides advanced educational videos for experienced traders, which Forex4you lacks. Neither platform currently offers live monthly webinars or an investor dictionary with extensive definitions of investing terms.
Although Forex4you provides a searchable archive of recorded webinars, which DooPrime does not, it only slightly edges out DooPrime in offering comprehensive education. Reflecting these differences, DooPrime holds a higher educational rating of 4 stars out of 5, compared to Forex4you's 3.5 stars. According to rankings from ForexBrokers.com, DooPrime is placed at #24 out of 62 brokers for education, while Forex4you follows closely at #25. This indicates that while both brokers offer valuable educational resources, DooPrime tends to offer more extensive support for budding and seasoned traders alike.
| Feature |
DooPrime
|
Forex4you
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that DooPrime is better than Forex4you. DooPrime finished with an overall rank of #28, while Forex4you finished with an overall rank of #55.
DooPrime is mainly regulated in the UK, as well as two offshore locations (Vanuatu and Mauritius), and offers 10,000 investment products, and multiple platforms including the full MetaTrader suite, and social copy trading platforms. That said, DooPrime trails behind the best brokers in key categories.
| Feature |
DooPrime
|
Forex4you
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 61 |
| Range of Investments |
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| Commissions & Fees |
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In the comparison between online brokers DooPrime and Forex4you, neither platform provides the ability to buy actual delivered cryptocurrency, but Forex4you stands out by offering the option to trade cryptocurrency derivatives, unlike DooPrime.
When comparing online brokers, DooPrime and Forex4you both support Visa, Mastercard, Skrill, and bank wire transactions for depositing or withdrawing account funds, but only DooPrime offers PayPal as an additional payment method, whereas neither broker supports ACH or SEPA transfers.
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 | DooPrime | Forex4you | |
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| Trust Score | 83 | 61 | |
| Winner | check_circle | ||
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| Broker Screenshots | DooPrime | Forex4you | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | DooPrime | Forex4you | |
|---|---|---|---|
| Trust Score | 83 | 61 | |
| Year Founded | 2014 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 4 | 0 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | Forex4you | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | DooPrime | Forex4you | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | DooPrime | Forex4you | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 150 | |
| Forex Pairs (Total) | 60 | 43 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | No | Yes | |
| 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 | DooPrime | Forex4you | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | DooPrime | Forex4you | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | DooPrime | Forex4you | |
|---|---|---|---|
| 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 | DooPrime | Forex4you | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | DooPrime | Forex4you | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 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 | DooPrime | Forex4you | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | Forex4you | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | DooPrime | Forex4you | |
|---|---|---|---|
| GBP/USD | Yes | No | |
| USD/JPY | Yes | No | |
| EUR/USD | Yes | No | |
| USD/CHF | Yes | No | |
| USD/CAD | Yes | No | |
| NZD/USD | Yes | No | |
| AUD/USD | Yes | No | |
| Review |
| Overall | DooPrime | Forex4you | |
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| Trust Score | 83 | 61 | |
| Winner | check_circle | ||
| Review |
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