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Score

4.84 /10
Average

doto

United Kingdom

2-5 years

Regulated in Cyprus

Straight Through Processing(STP)

MT4 Full License

High potential risk

Offshore Regulated

https://doto.com

Influence

C

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Score

Regulatory Index5.87

Business Index6.76

Risk Management Index0.00

Software Index9.25

License Index4.29

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Doto International Ltd

Company Abbreviation

doto

Platform registered country and region

United Kingdom

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2025-01-31
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The Seychelles FSA regulation with license number: SD0063 is an offshore regulation. Please be aware of the risk!

WikiFX Survey

Danger

doto

Seychelles

WikiFX Verification

Sources
Data Source WikiFX Data provide
Updated: 2025-01-31
doto · Company summary
doto Review Summary
Founded2000
Registered Country/RegionUnited Kingdom
RegulationCySEC and FSA
Market InstrumentsForex, stocks, currencies, commodities, and indices
Demo AccountYes
LeverageUp to 1:500
SpreadStarting from 1 pips
Trading PlatformDoto App, MT4, MT5
Min Deposit$15
Customer SupportLive Chat
support-mu@doto.com
+230 4687113

doto Information

Doto is a forex brokerage offering many tradable financial instruments including forex, stocks, currencies, commodities, and indices. It only provides one single account with spreads starting from 1 pips, high leverage up to 1:500, and zero commissions.

doto Information

Pros and Cons

ProsCons
  • Regulated by CySEC and FSA
  • Limited account choice
  • High leverage up to 1:500
  • Zero commissions

Is doto Legit?

doto has a Straight Through Processing(STP) regulated by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus with a license number of 399/21.

It also has a Retail Forex License regulated by The Seychelles Financial Services Authority（FSA) in Seychelles with a license number of D0063.

Regulatory StatusRegulated
Regulated byThe Cyprus Securities and Exchange Commission (CySEC)
Licensed InstitutionDoto Europe Ltd
Licensed TypeStraight Through Processing(STP)
Licensed Number399/21
Regulatory StatusOffshore Regulated
Regulated byThe Seychelles Financial Services Authority（FSA)
Licensed InstitutionDoto International Ltd
Licensed TypeRetail Forex License
Licensed NumberSD0063
Is doto Legit?
Is doto Legit?

What Can I Trade on doto?

doto offers many trading instruments, which include forex, stocks, currencies, commodities, and indices.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Stock✔
Indices✔
Cryptocurrency❌
Shares❌
Metals❌
What Can I Trade on doto?

Account Type

doto offers real accounts and demo accounts with 10,000 demo dollars.

Account Type

doto Fees

doto offers accounts with spreads starting from 1 pips, leverage up to 1:500, and zero commissions.

doto Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Doto App✔IOS and AndroidInvestors of all experience levels
MT4 and MT5✔PC and MobileInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

doto requires a minimum deposit of $15 and it charges no fees.

Deposit MethodMinimum DepositFeesProcessing Time
VISA$15 USDFreeUp to 15 minutes
MasterCard$15 USDFreeUp to 15 minutes
Maestro$15 USDFreeUp to 15 minutes
QR Payments$15 USDFreeUp to 15 minutes
Bank Transfer$15 USDFreeUp to 1 business day
USDT$15 USDNetwork feeUp to 15 minutes
Deposit and Withdrawal

User Reviews

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User comment

24

Comments

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Humal Ngavindu
0-3months
Trading stocks with 20x leverage, and x100 for commodities (meaning oil, gold, silver, zinc, etc). Like A L O T how in the web its integrated with MT4 at the top, nice to see.
Trading stocks with 20x leverage, and x100 for commodities (meaning oil, gold, silver, zinc, etc). Like A L O T how in the web its integrated with MT4 at the top, nice to see.
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2025-01-20 20:03
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VuQuocHuy
0-3months
I think I can call this broker's application convenient🤔
I think I can call this broker's application convenient🤔
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2024-12-19 02:32
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