Frequently Asked Questions?
WHAT REGULATION AND SECURITY IS THERE FOR INVESTORS?
DOOPRIME is the brokerage whereby funds will be deposited by investors.
They are an international pre eminent online broker under the DOOGROUP with operation centres all over the world.
DOOPRIME holds the financial regulatory licences in Mauritius and Vanuata which has granted them the opportunity to deliver the finest trading experience to more than 18,000 professional clients, alongside managing a trading volume of over 900 billion dollars monthly.
IS IT REGULATED BY THE FCA?
DOOPRIME itself isn’t regulated with the FCA because the FCA restricts leverage to 1:30 for all clients. This is not ideal unless you are trading with hundreds of thousands of pounds, as FOREX trading is usually 1:200-500 leveraged, so the majority of trading platforms have offshore entities which are still regulated, just not by the FCA, as that covers companies operating within the UK.
ARE THE FUNDS SEGREGATED?
DOOPRIME publicy states on its official website that it segregates client funds from the companys operating funds in a Cooperative bank. This means client funds are kept and held in custody, separated from the brokerage firms own funds, and assets are regularly accounted for and reconciled.
DOOPRIME is also subject to a strict audit system of international banks, where client funds are earmarked and always protected.
DOOPRIME has established partnerships with many mainstream banks around the world, and client deposits are distributed in several top investment grade banks, including Signature bank and Bison bank. Every client, through the official website of DOOPRIME can publicy check this information.
DOOPRIME holds financial regulatory licences in Seychelles, Mauritius and Vanuatu, and the legal entities of DOO GROUP have been strictly regulated by many of the worlds top financial regulators including the United States securities and Exchange commission (US SEC) and many more.
IS THERE ANY INVESTOR INSURANCE?
DOOPRIME has purchased Professional Indemnity Insurance (PII) with a maximum liability limit of $500,000 USD for all parties.
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DO INVESTORS HAVE A DAILY/WEEKLY REPORT TO SHOW HOW THE INVESTMENT IS PERFORMING?
All investors will always have access to their own account which will show trades live as they happen, and every trade will be audited and documented. Investors will be able to track results hourly, daily, weekly and monthly. If an investor wants to receive monthly or quarterly performance results, this can be provided upon request.
All investors will have an APP called Meta trader 4/5 which is a live platform for monitoring trades.
WHAT IS THE TRACK RECORD OF THE “BOT”?
Since April 2024, the automated system is showing over 100% return on investment, and averaging approximately 3-6% per month*.
*Subject to change with fluctuating markets
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WHAT EXPERIENCE DID THE PERSON WHO DESIGNED THE “BOT” HAVE?
The Trader has been trading for the last 8 years in FOREX markets and manages many millions of pounds of investors money.
The CODER has experience working within the city bank and other financial institutions. They have been coding for over 10 years and come from algorithm coding positions within various institutions.
Both work very closely and monitor the system carefully to ensure it is running at its optimal level.
Our trader is happy to meet Investors if required.
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WHAT DOES THE INVESTMENT COST?
The only deduction is a 20% performance fee of any weekly profits which is taken automatically from the MT4/5 App once a week. If there is £0 profit in the week (or a loss), NO deductions will be made.
The 20% performance fee covers all the costs involved for the trader, coder, affiliate, BOT maintenance and any other overheads. There are No other deductions.