FXCM vs DooPrime 2025
In this head to head comparison of FXCM vs DooPrime, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of FXCM 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.
FXCM, founded in 1999, and DooPrime, established in 2014, are both non-banking entities in the online brokerage space. FXCM stands out for being publicly traded, a feature not shared by DooPrime, which remains a private company. Both brokers hold four Tier-1 licenses, indicating a high level of trust from regulatory authorities. However, FXCM edges ahead by also holding two Tier-2 licenses, adding another layer of credibility to its regulatory portfolio. This regulatory strength is reflected in FXCM's outstanding ForexBrokers.com Trust Score of 95, placing it in the highly trusted category and surpassing DooPrime’s score of 83, which is still considered trusted.
Feature |
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Year Founded | 1999 | 2014 |
Publicly Traded (Listed) | Yes | No |
Bank | No | No |
Tier-1 Licenses | 4 | 4 |
Tier-2 Licenses | 2 | 0 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 0 | 3 |
FXCM and DooPrime are both online brokers that differ significantly in their commissions and fees structures. FXCM is known for pricing that is slightly higher than the industry average when it comes to forex trading. For instance, standard account spreads for the EUR/USD pair at FXCM averaged 0.78 pips in May 2024 for its EU, U.K., and Australia offerings, while its St. Vincent and the Grenadines unit reported spreads averaging 1.38 pips. On the other hand, FXCM’s commission-based accounts showcased average spreads as low as 0.28 pips, excluding commissions. FXCM also offers active trader discounts, though these may depend on your trading volume and location, reducing effective spreads through rebates.
DooPrime lacks detailed average spread data, making it more challenging to directly compare their fees and commissions with FXCM’s. Nonetheless, in terms of overall rating for commissions and fees, FXCM generally performs better, earning 4 out of 5 stars compared to DooPrime's 3-star rating. If you're a high-volume trader, FXCM's Active Trader Rebate Program can offer tiered discounts, although it doesn’t quite match competitors like Tickmill and FP Markets in terms of pricing advantages for active traders.
FXCM ranks higher than DooPrime in ForexBrokers.com's rankings, coming in at #24 out of 62 brokers for the Commissions and Fees category. Meanwhile, DooPrime is positioned much lower at #58. For traders prioritizing costs, FXCM might be the preferable choice due to its more attractive rating and higher ranking, albeit with the consideration of possible higher spreads depending on the market and account type.
Feature |
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Minimum Deposit | Starts from $50 | $100 |
Average Spread EUR/USD - Standard | 0.78 | N/A |
All-in Cost EUR/USD - Active | 0.78 | N/A |
Active Trader or VIP Discounts | Yes | No |
ACH or SEPA Transfers | Yes | No |
PayPal (Deposit/Withdraw) | Yes | Yes |
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 comparing FXCM and DooPrime for their range of investments, DooPrime provides a significantly wider variety of options. DooPrime boasts an impressive 10,000 tradeable symbols and 60 forex pairs, outdoing FXCM's offering of 440 symbols and 43 forex pairs. Furthermore, DooPrime gives investors access to exchange-traded securities on both U.S. and international exchanges, allowing clients to purchase shares like Apple and Vodafone, while FXCM does not provide access to these direct stock purchases.
Both brokers offer forex trading as CFDs, and they each support copy trading. However, FXCM stands out in the realm of cryptocurrency trading by offering derivatives, whereas DooPrime does not. These differences are reflected in their ratings and rankings: FXCM is rated 3.5 stars for its Range of Investments, placing it 47th out of 62 brokers, while DooPrime enjoys a higher rating of 5 stars and is ranked 12th. Thus, for investors seeking a diverse range of investment options, DooPrime emerges as the more versatile choice.
Feature |
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 440 | 10000 |
Forex Pairs (Total) | 43 | 60 |
U.S. Stock Trading (Non CFD) | No | Yes |
Int'l Stock Trading (Non CFD) | No | 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.
When comparing FXCM and DooPrime in terms of their trading platforms and tools, both brokers shine in offering a rich selection of features that cater to traders of all levels. Both provide free virtual demo accounts, proprietary platforms, Windows-based desktop downloads, and web-based trading platforms, ensuring traders can access the market through various mediums. Additionally, FXCM and DooPrime support the ever-popular MetaTrader 4, while only DooPrime offers MetaTrader 5. Both brokers enable copy trading, but FXCM stands out with ZuluTrade, which is absent in DooPrime's offerings. Charting tools also differ between the two, with DooPrime offering 15 drawing tools compared to 10 available with FXCM.
For traders who depend heavily on customizing watch lists, FXCM offers more versatility with 13 fields compared to DooPrime's 7. This variety may contribute to FXCM's higher rating of 5 stars for trading platforms and tools, as opposed to DooPrime's 4 stars. Furthermore, FXCM ranks 6th out of 62 brokers on ForexBrokers.com in this category, significantly higher than DooPrime, which stands at 25th. Both brokers enable trading directly from a stock chart, appealing to traders seeking streamlined, efficient trading experiences. These features combined suggest that while both brokers offer strong options, FXCM may provide a slight edge in versatility and overall platform ratings.
Feature |
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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) | No | Yes |
DupliTrade | No | No |
ZuluTrade | Yes | No |
Charting - Indicators / Studies (Total) | 115 | 30 |
Charting - Drawing Tools (Total) | 10 | 15 |
Charting - Trade From Chart | Yes | Yes |
Watchlists - Total Fields | 13 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FXCM and DooPrime, both platforms provide comprehensive coverage for iPhone and Android users, along with features like stock and forex price alerts and the ability to draw trendlines on charts. However, FXCM offers a more seamless experience with its watchlist symbol syncing capability, enabling users to sync watchlists across mobile and online platforms, something that DooPrime lacks. Additionally, FXCM's app delivers a richer charting experience, offering 59 technical studies compared to DooPrime's 30, plus the ability to view multiple time frames on charts.
FXCM's mobile app earns a higher user rating, achieving 4.5 out of 5 stars, whereas DooPrime maintains a solid 4-star rating. This difference is reflected further in their rankings by ForexBrokers.com, where FXCM is ranked #16 and DooPrime is at #24 out of 62 brokers for their mobile trading apps. Both apps efficiently auto-save chart drawings and allow users to create watchlists with real-time quotes. For traders prioritizing a more synchronized and feature-rich mobile trading experience, FXCM holds a slight edge over DooPrime.
Feature |
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | Yes |
Watchlist Syncing | Yes | No |
Mobile Charting - Indicators / Studies | 59 | 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 considering FXCM and DooPrime for market research, both brokers offer some similar features but differ in specific areas that could influence your choice. FXCM and DooPrime provide daily market commentary and forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, catering to traders who value up-to-date insights. Additionally, both leverage Trading Central's technical and fundamental analysis tools, which are well-regarded for aiding strategic decision-making. They also offer an economic calendar feature for tracking global news events, a helpful addition for traders managing international portfolios.
However, FXCM stands out with its extra offerings. It provides a sentiment-based trading tool that reveals the ratio of long to short positions across various instruments, a feature not available with DooPrime. FXCM also incorporates market research from TipRanks, further enhancing its toolset. These additional resources contribute to FXCM's higher ranking and research rating, with 4.5 stars compared to DooPrime's 4 stars. Accordingly, ForexBrokers.com ranks FXCM at #11 out of 62 brokers for research, whereas DooPrime places at #29, reflecting the difference in their research capabilities.
Feature |
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Daily Market Commentary | Yes | Yes |
Forex News (Top-Tier Sources) | Yes | Yes |
Autochartist | No | No |
Trading Central (Recognia) | Yes | Yes |
Social Sentiment - Currency Pairs | Yes | No |
TipRanks | Yes | No |
Signal Centre (Acuity Trading) | No | No |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking to deepen their understanding of forex and CFDs, both FXCM and DooPrime offer a satisfying selection of educational resources. Each provides over ten pieces of learning material, including articles, videos, and archived webinars focused on these subjects. However, FXCM stands out with its monthly client webinars, which DooPrime does not offer. FXCM also gives users access to a searchable archive of these webinars, allowing individuals to catch up on missed sessions, while DooPrime lacks this feature.
Both brokers deliver a solid range of beginner and advanced educational videos, catering to various experience levels in trading. Nevertheless, FXCM goes a step further by providing an investor dictionary featuring definitions for over 50 investing terms, a resource that DooPrime does not match. Overall, FXCM earns a commendable 4.5-star rating for its educational offerings, placing it 14th out of 62 brokers ranked by ForexBrokers.com, while DooPrime receives a slightly lower 4-star rating and comes in at 24th place. This makes FXCM a more suitable choice for those who highly value educational support.
Feature |
|
|
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Education (Forex or CFDs) | Yes | Yes |
Client Webinars | Yes | 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 FXCM is better than DooPrime. FXCM finished with an overall rank of #15, while DooPrime finished with an overall rank of #28.
For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average.
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Overall Rating |
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Trust Score | 95 | 83 |
Range of Investments |
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Commissions & Fees |
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Platform & Tools |
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Research |
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FXCM allows for trading cryptocurrency derivatives, unlike DooPrime, but neither broker provides the option to purchase actual, delivered cryptocurrency.
When comparing online brokers FXCM and DooPrime, FXCM offers a wider range of deposit and withdrawal options, including ACH or SEPA transfers, PayPal, Skrill, Visa/Mastercard, and bank wires, whereas DooPrime does not support ACH or SEPA transfers but does offer PayPal, Skrill, Visa/Mastercard, and bank wire options.
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 5Overall Rating | FXCM | DooPrime | |
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Range of Investments |
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Platform & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 95 | 83 | |
Winner | check_circle | ||
Review | FXCM Review |
Broker Screenshots | FXCM | DooPrime | |
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Trading Platforms Gallery (click to expand) | |||
Mobile Trading Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Education Gallery (click to expand) |
Regulation | FXCM | DooPrime | |
---|---|---|---|
Trust Score | 95 | 83 | |
Year Founded | 1999 | 2014 | |
Publicly Traded (Listed) | Yes | No | |
Bank | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
Tier-1 Licenses | 4 | 4 | |
Tier-2 Licenses | 2 | 0 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 0 | 3 |
Tier-1 Licenses (Highly Trusted) | FXCM | 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) | No | No | |
Switzerland (FINMA Authorised) | No | No | |
United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
USA (CFTC Authorized) | No | No | |
New Zealand (FMA Authorised) | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
Tier-2 Licenses (Trusted) | FXCM | DooPrime | |
---|---|---|---|
Kenya (CMA Authorised) | No | No | |
Israel (ISA Authorised) | Yes | No | |
South Africa (FSCA Authorised) | Yes | No | |
UAE (DFSA/Central Bank Authorised) | No | No | |
India (SEBI Authorised) | No | No | |
Jordan (JSC Authorised) | No | No |
Investments | FXCM | DooPrime | |
---|---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 440 | 10000 | |
Forex Pairs (Total) | 43 | 60 | |
U.S. Stock Trading (Non CFD) | No | Yes | |
Int'l Stock Trading (Non CFD) | No | 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 | FXCM | DooPrime | |
---|---|---|---|
Average Spread EUR/USD - Standard | 0.78 | N/A | |
All-in Cost EUR/USD - Active | 0.78 | N/A | |
Active Trader or VIP Discounts | Yes | No | |
Inactivity Fee | Yes | No | |
Execution: Agency Broker | Yes | Yes | |
Execution: Market Maker | Yes | Yes |
Funding | FXCM | DooPrime | |
---|---|---|---|
Minimum Deposit | Starts from $50 | $100 | |
PayPal (Deposit/Withdraw) | Yes | Yes | |
Skrill (Deposit/Withdraw) | Yes | Yes | |
Visa/Mastercard (Credit/Debit) | Yes | Yes | |
Bank Wire (Deposit/Withdraw) | Yes | Yes | |
ACH or SEPA Transfers | Yes | No |
Trading Platforms | FXCM | 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) | No | Yes | |
cTrader | No | No | |
DupliTrade | No | No | |
ZuluTrade | Yes | No |
Trading Tools | FXCM | DooPrime | |
---|---|---|---|
Virtual Trading (Demo) | Yes | Yes | |
Alerts - Basic Fields | Yes | Yes | |
Watchlists - Total Fields | 13 | 7 | |
Charting - Indicators / Studies (Total) | 115 | 30 | |
Charting - Drawing Tools (Total) | 10 | 15 | |
Charting - Trade From Chart | Yes | Yes | |
Charts can be saved | Yes | Yes |
Mobile Trading | FXCM | 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 | 59 | 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 | FXCM | DooPrime | |
---|---|---|---|
Daily Market Commentary | Yes | Yes | |
Forex News (Top-Tier Sources) | Yes | Yes | |
Autochartist | No | No | |
Trading Central (Recognia) | Yes | Yes | |
TipRanks | Yes | No | |
Social Sentiment - Currency Pairs | Yes | No | |
Economic Calendar | Yes | Yes |
Education | FXCM | DooPrime | |
---|---|---|---|
Education (Forex or CFDs) | Yes | Yes | |
Client Webinars | Yes | 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 | FXCM | 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 | FXCM Review |
Overall | FXCM | DooPrime | |
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Overall Rating |
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Commissions & Fees |
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Range of Investments |
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Platform & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 95 | 83 | |
Winner | check_circle | ||
Review | FXCM Review |