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Comprehensive Broker Review dedicated to traders from SA

Doto Review South Africa

Accepts South African Clients

Who is Doto?

Doto is a cutting-edge CFD broker that simplifies trading to the maximum. It provides not only the classic MT4 and MT5 trading platforms but also its own Doto platform, built around the concept of simplicity. The broker offers a plethora of markets to trade on, including forex, cryptocurrencies, commodities, and indices. Regulated by the FSCA, Doto stands out as one of the top choices in South Africa.

The minimum deposit is fairly low, $15, which is approximately 288 ZAR.

Regulated by:


Financial Sector Conduct Authority, based in South Africa, FSP no 50451.


Financial Services Commission, based in Mauritius, license number C119023978.


Cyprus Securities and Exchange Commission, based in Cyprus, license no 399/21.


Financial Services Authority, based in Seychelles, license number SD0063.

Risk warning: Remember that forex and CFDs available at Doto are leveraged products and can result in the loss of your entire capital.

Please ensure you fully understand the risks involved.


Regulated locally by the FSCA
Access to both MT4 and MT5
Easy-to-use trading platform with powerful tools and a user-friendly interface
Competitively low spreads that start from 1.0 pips
Availability of a wide range of trading instruments


Lack of diverse trading accounts
No education section on the broker site



Trading assets

Doto provides access to more than 130 trading instruments via CFDs. Let’s review the available markets to trade on.

  • Forex – Doto allows traders from South Africa to trade on more than 80 different currency pairs, including majors, minors, and exotics. Some of the top currency pairs South Africans can trade include USDZAR, ZARJPY, GBPEUR, and EURZAR, among others.
  • StocksCurrently, stocks are not available on Doto, but the broker states on its website that they will be added soon.
  • Indices – South African traders can access a variety of indices on Doto to trade on. These include popular indices such as US30, US100, JP225, and UK100, among others.
  • Commodities The broker also allows its clients to trade assets from the commodities asset class. These include commodities such as crude oil, natural gas, and gold.
  • Cryptocurrencies Another category of assets traders can find on Doto is cryptocurrencies. Some of the cryptocurrencies available on this trading platform include Bitcoin, Ethereum, Ripple, and Cardano, among others.
Available Deposit & Withdrawal Methods

Doto allows traders to withdraw and deposit funds with 0% commission using the following options

Supported Platforms by Doto

The following platforms are available with Doto


Platforms review

Trading Platforms of Doto

The trading platform provided by a broker can make or break a trader’s experience. Everyone wants to know that they are using trading platforms that are fast and have advanced capabilities.

Luckily, Doto provides three different trading platforms for traders to choose from. These include its proprietary Doto platform as well as MetaTrader 4 and MetaTrader 5. The Doto platform boasts a simple, easy-to-use interface that is suitable for all kinds of traders.For beginner traders, the platform will guide them step-by-step to opening their first trade.

On the other hand, experienced traders benefit from the platform’s advanced yet user-friendly trading tools. MetaTrader 4 and MetaTrader 5, on the other hand, come with a plethora of trading tools. These include a wide range of different indicators, charting tools, different timeframes, different order execution types, and one-click trading.

These platforms are available on all kinds of devices, including desktop, Android, macOS, and iOS.

Screenshot taken from the official website of Doto

Did you know?

You can start trading on Doto with just $15. That's enough to trade on EURUSD, oil, silver, Dogecoin, and much more.



A Review of Doto’s Trading Fees

When choosing a broker, one important factor traders consider is the cost of fees, or more specifically, spreads.

On Doto, traders can find spreads that begin at a low rate of 1.0 pips for major currency pairs, which is in line with what’s commonly seen in the industry.

The specific spread depends on the asset being traded, with less frequently traded assets having higher spreads.

Notably, the broker does not offer various trading accounts that fit different traders in the market. Further, Doto charges swap fees on any position held overnight.



Doto’s Customer Support

Customer support is another crucial feature of a forex broker. Any company that holds people’s money should be easy to reach at any time in case of any issues. Luckily, Doto offers two reliable ways to contact its support team.

Traders can get instant solutions via the live chat built into the website and mobile app. Also, they can drop an email to Notably, this broker has a local presence in South Africa with an office at Atrium on 5th, 9th floor, 5th Street, Sandton, Johannesburg, 2196.




Leverage is a very important tool in online trading. It allows traders to essentially borrow funds from the broker in order to control larger positions. This amplifies the potential profits that the trader might make, but it also amplifies the losses. As such, leverage is a double-edged sword that needs to be used with caution.

Positively, Doto offers its traders one of the highest leverage levels for forex and other assets. On this broker site, the leverage can go all the way up to 1:500. Here is a review of the leverage levels for different asset groups on the broker site:

Forex 1:500

Commodities 1:100

Indices 1:200

Cryptocurrencies 1:20


Special Perks

Doto Unique Features

What really sets Doto apart from other South African brokers is its commitment to simplicity. Here are two main features that distinguish the Doto trading platform from its competitors.

Step-by-Step Trading Guide

Upon your first login to the platform after registering, you’re welcomed by a detailed step-by-step trading guide. The tutorial meticulously walks you through your first trade, clearly indicating which buttons to press.

Thus, the path from registration to executing your first trade on a demo account is streamlined to just a few minutes. This feature proves incredibly user-friendly for beginner traders.

Trade Volume in USD

On typical trading platforms, you need to specify the volume of the desired trade in lots. However, it can be difficult for beginners to understand how much money is needed for the trade.

To address this, Doto built a new and unique feature – entering the volume of the trade in USD instead of lots. Thus, beginners can more quickly grasp the impact of their trades on their trading account balance.No

t only is its trading platform easy, but all the processes around trading are simple too. For example, signing up is easy and quick: users can register in just a couple of clicks using their email address or by connecting their Facebook or Google accounts. When it comes to withdrawals, it’s also a very simple and quick process.

For most payment methods, Doto has fast transfer times, with transactions usually completed within 15 minutes. Bank transfers might take a bit longer, usually up to one business day, which is common for the banking industry.

Did you know?

Doto has its own trading platform, which guides you step-by-step on which buttons to press to open your first trade.

Expert's critical opinion

from the author of this Doto Review

Doto is an appealing broker for South African traders. It stands out as being fully licensed by the local regulator, the Financial Sector Conduct Authority (FSCA) of South Africa. The broker offers an array of trading instruments spanning forex, commodities, indices, and cryptocurrencies.

Unfortunately, the Doto broker doesn’t have an education section on their websites for their clients. This resource could help give traders an edge in the market by arming them with necessary knowledge. Perhaps Doto could benefit by gaining new traders by adding an education section to its website. Despite this, Doto compares well against the market giants. It boasts a 0% commission on deposits and withdrawals and a minimum deposit of just $15, which is affordable for most traders in South Africa.

Peter Cook Ndungo

Editor, Senior Broker Analyst