Sun, April 14, 2024

H1 2023 Sees a 39% Surge in Doo Group’s Trading Volume.

Broker News

The first half of 2023 witnessed a significant increase of 39.4% in the trading volume of Doo Group, a conglomerate of various financial service entities, including forex and contract for differences (CFDs) brokers. During this period, the group managed to handle over $452.3 billion in trading volume.

Doo Group’s Stellar Performance

Doo Group’s portfolio includes three brokerage services: Doo Clearing, Doo Financial, and Doo Prime. Furthermore, Doo offers various services, including asset management through Doo Wealth, payment and exchange services via Doo Payment Exchange, and FinTech solutions through Doo Tech and Fin Points. The comprehensive offerings cater to diverse needs while ensuring optimal functionality and convenience.

Doo Group’s trading platforms boasted over 130,000 active clients by June end. The group’s swap-free campaign saved transaction costs exceeding $21.6 million from March to June. The interest-free products included CFDs of US stocks, currency pairs, precious metals, and stock indices. The interest was lowered for cross-currency, exotic currency pairs, and commodities CFDs.

The group also broadened its offerings by adding natural gas futures CFDs. In addition, they made adjustments allowing US-cent account users to trade a maximum volume from 100 to 1,000.

Doo Group’s Global Reach

With its headquarters in Singapore, Doo Group operates from multiple major cities, including Dallas, London, Sydney, Hong Kong, Dubai, and Kuala Lumpur. It holds operational licenses from several regulators in Malaysia, the United States, the United Kingdom, Australia, Hong Kong, Seychelles, Mauritius, and Vanuatu.

As part of its brand promotion efforts, Doo Group signed a sponsorship deal with Manchester United, one of England’s leading football clubs, earlier this year. This multi-year agreement has made Doo Group the Official Global Partner of the club.

 

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