Written by ForexBrokers.com
In this head to head comparison of DooPrime vs FXGT.com, 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 considering trusted online brokers, DooPrime and FXGT.com stand out from one another in terms of regulatory standing and trust scores. Founded in 2014, DooPrime carries a strong reputation with a Trust Score of 83 out of 99, rated as "trusted." This is bolstered by its four Tier-1 licenses, which categorize it as a broker with highly trusted regulatory credentials according to ForexBrokers.com. Despite not being publicly traded or operating as a bank, DooPrime offers a dependable option for those looking for a broker with high levels of assurance.
FXGT.com, established in 2019, has a ForexBrokers.com Trust Score of 69, signaling a "high risk" broker with fewer regulatory protections. It holds one Tier-1 and one Tier-2 license, providing a moderate level of trust; however, it still falls behind DooPrime in terms of highly trusted licensing. Like its counterpart, FXGT.com is neither publicly traded nor a bank, and while it offers some regulatory oversight, potential traders might find it less appealing due to its relatively lower trust rating.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Year Founded | 2014 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 2 |
When comparing commissions and fees between DooPrime and FXGT.com, it's clear that both brokers have their strengths and limitations. DooPrime offers a moderate rating and ranks towards the lower end. It receives a three-star rating from users when it comes to commissions and fees, and is ranked 58 out of 62 by ForexBrokers.com, indicating room for improvement in this area.
On the other hand, FXGT.com fares slightly better with a 3.5-star rating in the commissions and fees category. This slightly higher rating suggests that users generally find its fee structure more favorable compared to DooPrime. Moreover, FXGT.com ranks 55 out of 62, making it a slightly more competitive choice for those focused on cost-effectiveness.
In summary, while neither broker excels in minimizing commissions and fees, FXGT.com leads marginally over DooPrime. For traders who prioritize lower costs, it may be worth exploring both platforms further to determine which aligns better with their trading strategies and financial goals.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $100 | $5 |
| 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 | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
DooPrime and FXGT.com both provide opportunities to engage in forex trading through CFDs or spot contracts, yet they differ significantly in the range of investments they offer. DooPrime stands out with an impressive portfolio, boasting 10,000 tradeable symbols, which far exceeds the 117 offered by FXGT.com. When it comes to forex pairs, DooPrime offers 60, slightly more than the 53 available at FXGT.com. However, DooPrime distinguishes itself further by allowing clients to access exchange-traded securities on both U.S. and international exchanges, giving investors the chance to directly purchase shares like Apple or Vodafone. FXGT.com, on the other hand, does not provide this option. Both brokers do offer copy trading, making them attractive to investors interested in mirroring successful trades.
For cryptocurrency enthusiasts, neither broker supports the purchase of actual cryptocurrencies, but FXGT.com does offer cryptocurrency derivatives, unlike DooPrime. These distinctions in offerings reflect in their ratings, with DooPrime receiving a commendable 5-star rating for its range of investments, whereas FXGT.com holds a 3-star rating. According to ForexBrokers.com, DooPrime ranks 12th out of 62 brokers, highlighting its competitive edge in investment options. Conversely, FXGT.com's range of investment options places it at 60th, suggesting a more limited selection for those seeking a diversified trading experience.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 117 |
| Forex Pairs (Total) | 60 | 53 |
| 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 it comes to trading platforms and tools, DooPrime and FXGT.com both offer a range of features aimed at enhancing the trading experience. Both brokers provide simulated trading with free virtual demo accounts, making it easy for new traders to practice before investing real money. While both platforms support MetaTrader 4 and 5, only DooPrime offers a proprietary platform designed in-house. Both brokers also have Windows-based desktop and web browser platforms to ensure versatile access. In addition to traditional trading, they offer copy trading options to cater to various trading styles, although neither supports DupliTrade or ZuluTrade.
DooPrime and FXGT.com differ in a few subtle but important ways. On the technical side, FXGT.com offers 23 drawing tools, surpassing DooPrime's 15, and both allow trading directly from stock charts. In terms of watch list customization, DooPrime provides seven columns for fields, compared to FXGT.com's five. Despite both receiving a four-star rating for their trading platforms and tools, DooPrime holds a higher rank of 25 out of 62 brokers in ForexBrokers.com's review, whereas FXGT.com is ranked 56. This nuanced difference might be a deciding factor for those prioritizing platform features and customization.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | 37 |
| Charting - Drawing Tools (Total) | 15 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both DooPrime and FXGT.com offer traders the convenience of mobile trading apps available on iPhone and Android devices. These platforms provide essential features like stock and forex price alerts to keep users updated on market movements. Both apps allow drawing trendlines and provide access to a robust set of 30 technical studies, giving traders the tools they need to analyze charts comprehensively. In addition, users can view stocks or forex charts across multiple time frames, whether daily, weekly, or intraday. Both apps also auto-save chart drawings, ensuring that users do not lose their analytical annotations.
In terms of functionality, FXGT.com offers the advantage of watchlist symbol syncing, ensuring that watchlists remain consistent between the mobile app and the online account. On the other hand, DooPrime lacks this feature. Despite this, DooPrime maintains a higher user satisfaction rating, receiving four stars compared to FXGT.com's 3.5 stars in the Mobile Trading Apps category. Moreover, DooPrime ranks #24 out of 62 brokers for its mobile trading app, whereas FXGT.com falls behind at rank #58, according to ForexBrokers.com. Both platforms allow users to create a watchlist with real-time quotes, but these differences in overall ratings and rankings highlight DooPrime as a slightly more favorable option for mobile trading app users.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| 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.
Choosing between DooPrime and FXGT.com for market research needs can be pivotal for traders. DooPrime offers a more comprehensive range of market insights, providing daily market commentary and reliable forex news from top-tier sources like Bloomberg and Reuters. Additionally, they offer technical analysis tools from Trading Central, which can be quite beneficial for traders looking to enhance their strategy. In contrast, while FXGT.com does not provide daily market commentary or news from major outlets, it does offer a sentiment-based trading tool to help users gauge market trends and decision-making patterns. Both brokers feature an economic calendar to keep traders informed about global economic events.
In terms of research capabilities, DooPrime holds a higher rating, receiving 4 out of 5 stars, while FXGT.com is rated 3 stars. This is reflected in their respective rankings by ForexBrokers.com, where DooPrime is positioned at #29 and FXGT.com at #56 out of 62 brokers. This suggests that DooPrime caters more extensively to traders seeking in-depth research tools and reliable information, making it a preferable choice for those who prioritize robust market analysis and insights in their trading activities. However, the sentiment analysis tool offered by FXGT.com could be a deciding factor depending on the trader's individual strategy needs.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources tailored for beginners, DooPrime stands out as a more comprehensive choice compared to FXGT.com. DooPrime offers plenty of educational materials, with over ten pieces dedicated to forex and CFDs, as well as a significant collection of over ten beginner-friendly trading videos. They also cater to more seasoned traders with advanced educational videos. Although DooPrime doesn't provide webinars or a dictionary of investing terms, their education rating sits at an impressive 4 stars, ranking them 24 out of 62 brokers according to ForexBrokers.com.
On the other hand, FXGT.com presents a more limited educational platform for beginners. They lack the minimum ten educational resources focused on forex and CFDs and do not offer any beginner or advanced trading videos. However, they do provide an investor dictionary with over 50 investing terms, helping beginners understand jargon. Despite these offerings, FXGT.com receives a moderate 3-star education rating and ranks at 59 out of 62 brokers. In summary, beginners will find a more enriched learning experience with DooPrime.
| Feature |
DooPrime
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
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 FXGT.com. DooPrime finished with an overall rank of #28, while FXGT.com finished with an overall rank of #58.
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
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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 69 |
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While both DooPrime and FXGT.com do not offer the option to purchase actual cryptocurrencies, FXGT.com distinguishes itself by providing the ability to trade cryptocurrency derivatives, which DooPrime does not.
When comparing the online brokers DooPrime and FXGT.com, DooPrime accepts PayPal, Skrill, Visa, Mastercard, and bank wires but not ACH or SEPA transfers, whereas FXGT.com facilitates ACH, SEPA, Visa, Mastercard, and bank wires but does not support PayPal or Skrill.
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 | FXGT.com | |
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| Trust Score | 83 | 69 | |
| Winner | check_circle | ||
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| Regulation | DooPrime | FXGT.com | |
|---|---|---|---|
| Trust Score | 83 | 69 | |
| Year Founded | 2014 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 2 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | FXGT.com | |
|---|---|---|---|
| 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 | Yes |
| Tier-2 Licenses (Trusted) | DooPrime | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | DooPrime | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 117 | |
| Forex Pairs (Total) | 60 | 53 | |
| 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 | FXGT.com | |
|---|---|---|---|
| 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 | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $100 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | DooPrime | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Drawing Tools (Total) | 15 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | DooPrime | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| 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 | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | DooPrime | FXGT.com | |
|---|---|---|---|
| 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 | |
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| Trust Score | 83 | 69 | |
| Winner | check_circle | ||
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