ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

FXCM vs DooPrime 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 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.

FXCM
4.5/5 Stars Overall
  • Minimum Deposit: Starts from $50
  • Trust Score: 95
  • Tradeable Symbols (Total): 440
DooPrime
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 83
  • Tradeable Symbols (Total): 10000

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.

Regulation

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 FXCM logoFXCM
DooPrime logoDooPrime
Year Founded info 1999 2014
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 4 4
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 3

Fees

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 FXCM logoFXCM
DooPrime logoDooPrime
Minimum Deposit info Starts from $50 $100
Average Spread EUR/USD - Standard info 0.78 info N/A info
All-in Cost EUR/USD - Active info 0.78 info N/A info
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

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 FXCM logoFXCM
DooPrime logoDooPrime
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 10000
Forex Pairs (Total) info 43 info 60
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

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 FXCM logoFXCM
DooPrime logoDooPrime
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
DupliTrade info No No
ZuluTrade info Yes info No
Charting - Indicators / Studies (Total) info 115 30
Charting - Drawing Tools (Total) info 10 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 13 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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 FXCM logoFXCM
DooPrime logoDooPrime
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 59 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

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 FXCM logoFXCM
DooPrime logoDooPrime
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes No
TipRanks info Yes No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

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 FXCM logoFXCM
DooPrime logoDooPrime
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

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.

Feature FXCM logoFXCM
DooPrime logoDooPrime
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 95 83
Range of Investments 3.5/5 Stars 5/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with FXCM or DooPrime?

FXCM allows for trading cryptocurrency derivatives, unlike DooPrime, but neither broker provides the option to purchase actual, delivered cryptocurrency.

What funding options does each broker offer?

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.




announcementPlease 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.

Select Brokers

×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFinecoBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxForex4you
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTeleTrade
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall Rating FXCM DooPrime
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Range of Investments 3.5/5 Stars 5/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 95 83
Winner check_circle
Review FXCM Review
Broker Screenshots FXCM DooPrime
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation FXCM DooPrime
Trust Score info 95 83
Year Founded info 1999 2014
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 4 4
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 3
Tier-1 Licenses (Highly Trusted) FXCM DooPrime
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No Yes
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) FXCM DooPrime
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments FXCM DooPrime
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 10000
Forex Pairs (Total) info 43 info 60
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 info 0.78 info N/A info
All-in Cost EUR/USD - Active info 0.78 info N/A info
Active Trader or VIP Discounts info Yes No
Inactivity Fee info Yes No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding FXCM DooPrime
Minimum Deposit info Starts from $50 $100
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms FXCM DooPrime
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info Yes info No
Trading Tools FXCM DooPrime
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 13 7
Charting - Indicators / Studies (Total) info 115 30
Charting - Drawing Tools (Total) info 10 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading FXCM DooPrime
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 59 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research FXCM DooPrime
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
TipRanks info Yes No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education FXCM DooPrime
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs FXCM DooPrime
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review FXCM Review
Overall FXCM DooPrime
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Range of Investments 3.5/5 Stars 5/5 Stars
Platform & Tools 5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 95 83
Winner check_circle
Review FXCM Review
arrow_upward

close