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Cayman Islands
Doo Prime
Cayman IslandsForex & CFDs · since 2014
2.2
/ 5 ★
RegulationFCA(B2B), ASIC, FSC(MU), Seychelles, Vanuatu
Min. deposit$0
Leverage1:1 – 1:1000
PlatformsMT4, MT5, TradingView, propia
InstrumentsForex & CFDs
Founded2014
🏛️ Which entity will open your account?
📍 Pick your country above and we'll tell you exactly which entity opens your account at Doo Prime.
How is this decided and how do I verify it? →Regulation by region
The entity you sign with — and your protection — changes depending on where you live.
United Kingdom
⚠ Misleading FCA marketing: B2B-only license
The only FCA entity is Doo Clearing Ltd (FRN 833414), a liquidity provider for professionals only — does NOT accept retail funds. Retail contracts with offshore entities, no FCA/FSCS protectionEuropean Union
No license in the EU
No license from any EU regulator; retail served via offshore without MiFID protectionUnited States
Not available
Doesn't offer forex/CFDs to US residentsAustralia
Old ASIC license, not for retail
Doo Financial Australia (AFSL 222650, advisory 2002) doesn't onboard Doo Prime's retail forexRest of the world
⚠ Offshore + withheld-funds case
Operates via Seychelles FSA (SD090), Mauritius FSC (C119023907), Vanuatu VFSC (700238). FPA case: MT5 account suspended after winning $185,419, funds withheld without evidenceAll licenses
Every regulator where the group holds a license, with its execution model. The entity that applies to you depends on your country (see above).
Account types
Centcents for beginners, low deposit
STP StandardSTP execution, no commission, spread included
ECN Professionalspreads from 0.0 + commission, high volume
Pros
✓Competitive costs
Cons
✗No tier-1 regulation (offshore)
✗Withdrawal complaints / confiscation
✗Questionable transparency
✗Damaged reputation
✗Very high leverage (more risk)
Breakdown by axis
The total score (out of 100) is the sum of the 7 axes, with the same yardstick for everyone. Below each one, the rationale with its source.
Regulation: Offshore6/22 pts
Why: the FCA license belongs to Doo Clearing (B2B/liquidity) which CANNOT hold retail money; retail worldwide signs with Vanuatu/Seychelles/Mauritius = offshore 1:1000. The 'FCA' badge is institutional, misleading
Withdrawals / payments: Delays / complaints4/20 pts
Why: systemic issue: FPA case of ~$185,000 in profits withheld with no logs; accounts blocked and funds confiscated under the pretext of 'bonus/negative-balance abuse'
Fund safety: Segregated (no compensation)8/15 pts
Why: stated segregation; offshore retail has NO FSCS/ICF (FSCS only applies to Doo Clearing, which holds no retail funds)
Transparency: Misleading0/10 pts
Why: shows 'FCA regulated' when that entity can't serve retail = misleading
Reputation: Damaged0/10 pts
Why: founded 2014; Trustpilot mixed-poor, dominated by profit confiscation complaints
Costs: Competitive8/8 pts
Why: ECN raw EURUSD 0.0 + $3-7/lot
Flags detected
🚩[regulation] offshore -> the FCA license belongs to Doo Clearing (B2B/liquidity) which CANNOT hold retail money; retail worldwide signs with Vanuatu/Seychelles/Mauritius = offshore 1:1000. The 'FCA' badge is institutional, misleading
🚩[withdrawals] delays -> systemic issue: FPA case of ~$185,000 in profits withheld with no logs; accounts blocked and funds confiscated under the pretext of 'bonus/negative-balance abuse'
🚩[transparency] misleading -> shows 'FCA regulated' when that entity can't serve retail = misleading
🚩[reputation] bad -> founded 2014; Trustpilot mixed-poor, dominated by profit confiscation complaints
Sources
Don't take our word for it — check it yourself. These are the official registries and legal pages we relied on.
🔗 FCA registration — Doo Clearing (FRN 833414, professionals only)🔗 Doo Prime — licenses and regulations🔗 ⚠ ForexPeaceArmy — Doo Prime withheld $185,000Trader reviews
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