Doo Financial Cyprus Limited (incorporated 2022, CySEC licence obtained 2024) is the EU-regulated arm of Singapore-headquartered Doo Group, founded 2014, which is separately known internationally for its Doo Prime brand.
| Regulated entity | Doo Financial Cyprus Limited |
|---|---|
| Regulation | EU-regulated (MiFID passporting) |
| Other Tier-1 regulators | None confirmed |
| Founded | 2014 |
| Headquarters | Singapore |
| Minimum deposit | Not independently confirmed |
| Avg. spread (EUR/USD) | Not independently confirmed |
| Platforms | MT4, MT5 |
| Instruments | CFDs on forex, commodities (gold, silver, crude oil), stocks and indices |
See Doo Financial's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its EU-regulated entity (MiFID passporting), eligible clients are covered by that entity's home EU member state's investor compensation scheme -- typically up to €20,000, though the exact scheme and cap depend on which country licenses the entity.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Not confirmed for this specific Cyprus entity. A 2023 piece about the wider Doo Group mentions a swap-free promotion and "Cent" accounts with raised volume caps, but it's unclear whether these apply to the Cyprus entity today. |
|---|---|
| Execution model | Not found or confirmed for this entity specifically. |
| Withdrawals & deposits | Its own funding page states a recommended minimum withdrawal of $50, with local bank-transfer processing scaling from around 1 business day for small amounts up to around 6 business days for the largest tier. |
| Overnight financing (swap) | Its pricing page states that positions in spot CFDs held past daily settlement incur an overnight fee, with no specific rate or markup disclosed. |
| Currency conversion cost | Its funding page states other currencies are converted according to the USD exchange rate for withdrawals, with no markup percentage disclosed. |
| Inactivity fee | Not found. |
| Customer service | No Trustpilot page was found under the "Doo Financial" name specifically; results returned only for the separate "Doo Prime" offshore brand, whose page currently shows its rating unavailable due to a Trustpilot guidelines breach, with complaints about profit removal and disputed regulatory claims that the company denies -- not attributable to Doo Financial Cyprus Limited specifically. |
| Mobile experience | Not found. |
| Educational offering | Not found. |
See how Doo Financial's spread cost compares across every researched broker → · Forex broker fees explained
Is Doo Financial regulated?
Yes -- EU-regulated (MiFID passporting). See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if Doo Financial fails?
Via its EU-regulated entity (MiFID passporting), eligible clients are covered by that entity's home EU member state's investor compensation scheme -- typically up to €20,000, though the exact scheme and cap depend on which country licenses the entity.
What is the minimum deposit at Doo Financial?
Not independently confirmed in our research -- verify directly with the broker.
What trading platforms does Doo Financial offer?
Doo Financial offers MT4, MT5.
What is Doo Financial's average spread on EUR/USD?
Not independently confirmed in our research -- verify directly with the broker.
When was Doo Financial founded?
Doo Financial was founded in 2014.
How is Doo Financial's overall score calculated?
Doo Financial currently scores 2.42/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
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