PrimeWaveFX Broker Review: Regulation, Login & Forex Trading
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Abstract:Doo Group rebrands its UK and South Africa entities to RKX, reflecting regulatory updates and broader strategic changes.

Doo Group has rebranded its United Kingdom and South Africa-based operations under the trade name RKX. The change follows earlier adjustments in which the group renamed its prime services division from Doo Prime to D Prime, indicating a continued focus on brand restructuring within the financial services sector.
Companies House records show that the UK-registered entity formerly known as Doo Clearing has been renamed RKX Financial. The Financial Conduct Authority (FCA) has also been updated with the new trade name. The groups ownership structure remains unchanged, suggesting the rebrand is organizational rather than structural.

The UK website for RKX is not yet active, but the South African platform is operational. It specifies that services are available only to “professional clients and eligible counterparties,” excluding retail traders. The offering includes contracts for differences (CFDs) across forex, indices, commodities, metals, and cryptocurrencies, with leverage levels reaching up to 1:1,000.
The rebranding follows broader developments within Doo Group. In 2024, the company obtained a Cyprus licence and opened a second office on the island. Later reports indicated that its brokerage arm vacated the Limassol office after staff reductions.
The group also maintains operations in Malaysia, where authorities conducted inspections last year as part of a nationwide campaign against illegal call centres. While Doo was not directly implicated, the inspections highlight regulatory pressures in the region.
Doo Group has continued to expand in Asia. A subsidiary recently obtained a money lenders licence in Hong Kong, allowing it to operate within the jurisdictions financial services sector. The group also secured an Indonesian licence in 2024, strengthening its presence in Southeast Asia.
Doo Group operates across multiple jurisdictions with services spanning brokerage, prime offerings, and lending. The rebranding to RKX reflects ongoing adjustments to regulatory landscapes and brand positioning in competitive global markets.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Considering PrimeWaveFX? Read our in-depth review covering regulation, account types, and the login process. Protect your investments – learn more now!

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