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Contract reading

What DOYOS legally published, but does not want you to read

Every clause below is published by DOYOS itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: DOYOS Global Ltd

sole discretionwithdrawalsmarketing contradictionconflictkyc freezepammhidden feeprofit voidingaccount closurebeneficial ownership

DOYOS promises negative balance protection and segregated client funds across its website. Neither promise appears in the contract, and the Client Agreement says it beats any marketing material. Its managed account rules bill a portfolio manager $35,040 a year on a $100,000 portfolio and lock them in for ten years. Other clauses let DOYOS hold a withdrawal while a dispute runs, and cancel trades or bonus profits it judges abusive.

Back to DOYOS

Contract risk

Money at risk
7.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
4
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
20
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
19
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
10

How the 20 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical4
Warning13
Notice3

section 42 of 53is where the deepest clause sits, 79% of the way into the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

3 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical15 working daysTime to complain. Jump to the clause this comes from.An open trade dispute can hold your withdrawalCritical$35040Fee you were not shown. Jump to the clause this comes from.Managed accounts cost $35,040 a year and lock in for a decadeCritical30 daysBonus requirement. Jump to the clause this comes from.Withdrawing your deposit can cancel the bonus and its profits1%In the contract. Jump to the clause this comes from.PAMM managers carry a weekly recruitment and growth quota

What the documents say

20 clauses worth knowing about, worst first, each quoted from DOYOS's own files

01

You are told on the licence page that you cannot lose more than your deposit. The Terms of Use say any negative balance treatment is not a guarantee, and no clause in the Client Agreement grants it.

In plain words

Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.

Why this matters

If a weekend gap takes your account below zero, the protection you relied on sits on a web page and not in the contract. The Client Agreement says it beats any marketing material, so the page loses.

Exhibit 1CriticalHarder than usual

Negative balance treatment, if any, is as stated in the Client Agreement and does not constitute a guarantee.
Clause 4 in Terms of Use
Read from the broker's site on Open the reference
Our own capture of doyos.com, taken on Oct 1, 2026The claim, on Licence and regulation page, benefits list under Why Choose a Regulated BrokerVisit this page on the broker's siteDownload the full size image file
Our own capture of doyos.com, taken on Oct 1, 2026What the contract says, clause 4Visit this page on the broker's siteDownload the full size image file
Our own capture of doyos.com, taken on Oct 1, 2026The claim, on Security of Funds page, Three layers of protectionVisit this page on the broker's siteDownload the full size image file
Our own capture of doyos.com, taken on Oct 1, 2026What the contract says, clause 2Visit this page on the broker's siteDownload the full size image file

Where it sits: section 26 of 53 in the Terms of Use, 49% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA, CySEC or under ESMA rules must give retail CFD clients negative balance protection as a binding account term, not as a marketing statement. The DOYOS Terms of Use say any such treatment is not a guarantee.

DOYOS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

02

DOYOS's complaints page tells you that complaining does not affect your withdrawal rights. Clause 1.3 of the Refund Policy lets an unresolved execution dispute delay your payout until it is cleared.

Why this matters

Raise a dispute about a fill and the money you asked for can sit still while the dispute runs. DOYOS aims to answer a funding complaint in 15 business days and allows up to 30 for a complex case.

Exhibit 2CriticalHarder than usual15 working days

Full KYC under the KYC Policy is required before any withdrawal. Open compliance holds, bonus volume shortfalls, or unresolved execution disputes may delay release until cleared.
Clause 1.3 in Refund & Withdrawal Policy
Read from the broker's site on Open the reference
Our own capture of doyos.com, taken on Oct 1, 2026The claim, on Complaint handling page FAQ, answer to Will complaining affect my accountThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of doyos.com, taken on Oct 1, 2026What the contract says, clause 1.3Visit this page on the broker's siteDownload the full size image file
Our own capture of doyos.com, taken on Oct 1, 2026An open trade dispute can hold your withdrawal (clause 1.3)Visit this page on the broker's siteDownload the full size image file

Where it sits: section 12 of 38 in the Refund & Withdrawal Policy, 32% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must give a retail client access to an independent ombudsman once the firm issues its final response. DOYOS offers a senior review by its own compliance team, then the Mauritius regulator.

DOYOS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Day 2DOYOS confirms it received your complaint and issues a case reference.Response timelines
Day 15A standard investigation should end here, or DOYOS sends a holding response.Response timelines
Day 30A complex case can run this long before you receive a written decision.Response timelines
Within 14 days of the decisionYou must ask for a senior compliance review, or the decision stands.Escalation
  • Worse together with Exhibit 11A withdrawal already limited to free margin can also be held open by the complaint you filed about it.
03

DOYOS bills a portfolio manager by the hour for every hour of the year. A $100,000 portfolio costs $35,040 a year. The minimum term is ten years, and leaving early costs three more years of fees.

Why this matters

The AMS/PAMM page you are shown before investing never mentions this charge. It says a manager earns only a performance fee. The same policy also lists those hourly fees as the manager's income, so it does not settle who pays.

Exhibit 3CriticalRarely seen$35040

Portfolio Management fees are calculated based on a fixed hourly rate and billed on an annual basis.
Clause 3 in AMS Policy
Read from the broker's site on Open the reference
Our own capture of doyos.com, taken on Oct 1, 2026The claim, on AMS / PAMM page FAQ, answer to What does the manager earnThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of old.doyos.com, taken on Oct 1, 2026What the contract says, clause 3Visit this page on the broker's siteDownload the full size image file

Where it sits: section 13 of 49 in the AMS Policy, 27% of the way through.

What it costsAt $4.00 an hour, 24 hours a day, 365 days a year, a 100K portfolio is billed $35,040. Leaving before ten years adds three years of it, $105,120.

Our readingA ten year minimum term with an early exit charge of three years of fees is a commercial lease structure. In a trading account agreement it means a manager who wants to stop has to pay to stop.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Year 1Fees are payable annually in advance before the account can operate.2
Each extra MT5 accountAnother $0.50 an hour is added per account on the same annual formula.3
Before year 10Closing early costs a minimum of three years of management fees, paid in advance.4
At closureAll outstanding dues must be settled, and AMS can still reject the closure request.4
  • Worse together with Exhibit 5A manager carrying a five figure annual fee is also held to a weekly target that new investor money can satisfy.
04

Take a DOYOS bonus and your own deposit is tied to it. Pull that deposit out before the volume targets are met, and DOYOS can cancel the bonus and the profit made with it.

Why this matters

Profit you earned with bonus support is reviewed for abuse before DOYOS approves the payout, and its decision is final. If a campaign ends, you keep accrued rights for only 30 days.

Exhibit 4CriticalHarder than usual30 days

Bonus funds cannot be withdrawn, transferred internally, or used to cover refund chargebacks until the required lots and minimum trading days are completed. Withdrawal of qualifying deposits before completion may proportionally cancel bonus credit and related profits at our discretion.
Clause 3.1 in Offer / Bonus Agreement
Read from the broker's site on Open the reference
Our own capture of doyos.com, taken on Oct 1, 2026Withdrawing your deposit can cancel the bonus and its profits (clause 3.1)Visit this page on the broker's siteDownload the full size image file

Where it sits: section 14 of 32 in the Offer / Bonus Agreement, 44% of the way through.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Opt inThe bonus appears as a balance that supports margin but cannot be withdrawn.2.1
Before targets are metWithdrawing your qualifying deposit can proportionally cancel the bonus and related profit.3.1
At stop-outThe bonus is removed first, so your equity falls further than the trading loss alone.3.2
Campaign endsAccrued rights last 30 days unless DOYOS finds abuse.5.1
  • Worse together with Exhibit 11An active bonus is subtracted from the free margin that is the only thing a withdrawal can pay out.
05

A DOYOS portfolio manager must bring in two new accounts a week. The same policy sets a 1% weekly growth target that new investor money is allowed to satisfy.

Why this matters

The person trading your allocation is measured on money coming in, not only on results. A target that new deposits can meet rewards recruiting over trading well.

Exhibit 5WarningRarely seen1%

Minimum 2 new accounts per week must be onboarded or assigned.
Clause 14.1 in AMS Policy
Read from the broker's site on Open the reference
Our own capture of old.doyos.com, taken on Oct 1, 2026PAMM managers carry a weekly recruitment and growth quota (clause 14.1)Visit this page on the broker's siteDownload the full size image file

Buried at section 33 of 49 in the AMS Policy, 67% of the way through.

Our readingGrowth targets for a money manager are normally measured on investment return alone. This policy counts new investment inflow as an alternative way to hit the same weekly number.

The protections DOYOS advertises are not in the contract you sign

DOYOS states on its licence page that you cannot lose more than your deposit. Its Terms of Use say negative balance treatment does not constitute a guarantee. Clause 1.3 of the Client Agreement says the Agreement beats any marketing material. The same gap runs through leverage and the managed account rules.

Promise versus contract2 clauses flagged

DOYOS's accounts comparison table offers corporate accounts leverage up to 1:200. The Client Agreement, the Terms of Use and the Risk Disclosure all cap leverage at 1:100.

Why this matters

Leverage decides how fast a loss reaches your whole deposit, and the two sources do not agree on the limit. DOYOS's own leverage page says corporate accounts may carry lower caps, not higher.

Exhibit 12WarningStandard wording

All positions are margined. Leverage up to Upto 1:100 may be available depending on instrument, account type and equity, as detailed in Leverage.
Clause 4.1 in Client Agreement
Read from the broker's site on Open the reference

Where it sits: section 20 of 41 in the Client Agreement, 49% of the way through.

Set against a regulated standard: ESMA (EU), FCA (UK)

ESMA and the FCA cap leverage for retail CFD clients at 1:30 on major currency pairs and lower on other assets. DOYOS contracts at 1:100 and advertises up to 1:200 on corporate accounts.

DOYOS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

DOYOS sells AMS/PAMM managed accounts from the main navigation of doyos.com. The only document setting the rules sits on old.doyos.com and is signed off as AMS Guidelines 2020 (Revised).

Why this matters

The legal index on doyos.com lists its core documents and the managed account rules are not among them. You can allocate money to a manager without ever being shown the terms that govern them.

Exhibit 13WarningRarely seen

AMS Guidelines 2020 (Revised)
Clause Closing line in AMS Policy
Read from the broker's site on Open the reference

Buried at section 35 of 49 in the AMS Policy, 71% of the way through.

Our readingA broker normally publishes the terms of every product it sells in one legal index. Here the managed account rules live only on a retired website and carry a 2020 date, while every other policy is dated January 2026.

  • Worse together with Exhibit 3The fees and the ten year lock sit in the one document the current site does not show you.

DOYOS bills $35,040 a year for a managed portfolio and prices three other charges nowhere

$35,040 a year is what the AMS Policy bills against a $100,000 managed portfolio, and the managed account page never mentions it. Three more charges appear in the contract with no amount anywhere. They are handling costs on a rejected payment, investigation fees on a chargeback, and a margin added to the currency conversion rate.

Unpriced charges1 clause flagged

DOYOS names three charges and never publishes an amount for any of them. They are handling costs on a rejected payment, investigation fees on a chargeback, and a margin added to the currency conversion rate.

Why this matters

The Refund Policy says minimum withdrawal amounts and free withdrawal thresholds are published on the Funding page. That page names no minimum and no threshold, and says every deposit and withdrawal is free.

Exhibit 9WarningHarder than usual

Payments must originate from accounts in your own name; third-party payments are rejected and returned less handling costs.
Clause 5.2 in Client Agreement
Read from the broker's site on Open the reference
Our own capture of doyos.com, taken on Oct 1, 2026The claim, on Funding and withdrawal page, note under the payment methods tableVisit this page on the broker's siteDownload the full size image file
Our own capture of doyos.com, taken on Oct 1, 2026What the contract says, clause 3.2Visit this page on the broker's siteDownload the full size image file

Where it sits: section 19 of 38 in the Client Agreement, 50% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must disclose all costs and charges to a retail client before the client trades, in cash terms where possible. These three charges carry no amount anywhere in the DOYOS document set.

DOYOS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Same-day payouts on the website, up to five business days in the policy

DOYOS advertises same-day payouts. Its Refund Policy gives bank wires 24 to 48 hours of its own processing plus 2 to 5 business days to arrive. Same-day handling depends on a daily cut-off time DOYOS does not publish. Withdrawals pay out free margin only, after a verification with no deadline on it.

Getting money out2 clauses flagged

DOYOS advertises same-day payouts on its funding page. Its Refund Policy gives a bank wire 24 to 48 hours of DOYOS processing plus 2 to 5 business days to arrive.

Why this matters

Same-day handling depends on a daily cut-off time DOYOS does not publish anywhere. Miss it and your payout moves to the next business day before the bank's own clock starts.

Exhibit 10WarningStandard wording5 working days

Requests submitted before the daily cut-off are processed the same business day. Incorrect details, mismatched names or bank holidays extend timelines; we notify you via portal or Contact Us.
Clause 2.2 in Refund & Withdrawal Policy
Read from the broker's site on Open the reference
Our own capture of doyos.com, taken on Oct 1, 2026The claim, on Funding and withdrawal page, step 3 of How to withdrawVisit this page on the broker's siteDownload the full size image file
Our own capture of doyos.com, taken on Oct 1, 2026What the contract says, clause 2.2Visit this page on the broker's siteDownload the full size image file

Where it sits: section 14 of 38 in the Refund & Withdrawal Policy, 37% of the way through.

DOYOS pays out free margin only, which is your equity minus the margin in use and any active bonus. A compliance hold, a bonus shortfall or an open execution dispute can delay release.

Why this matters

No clause puts an outer limit on how long a hold can run. Money sitting behind an open hold is money you cannot plan around.

Exhibit 11WarningHarder than usual

Withdrawals return only free margin (equity minus used margin and active bonuses subject to the Offer Agreement).
Clause 1.1 in Refund & Withdrawal Policy
Read from the broker's site on Open the reference

Where it sits: section 10 of 38 in the Refund & Withdrawal Policy, 26% of the way through.

DOYOS can void a trade it judges abusive, and it supplied the price

Clause 3.4 of the Client Agreement lets DOYOS cancel abusive trades and correct prices. Clause 4.3 of the Execution Policy lets it void a manifest error, meaning a quote it decides was clearly wrong. The grounds are listed rather than open, which is better than most contracts manage.

In plain words

A manifest error means an obvious mistake by the broker.

Cancelled trades1 clause flagged

DOYOS can cancel trades it calls abusive, correct prices and suspend the account while it investigates. The Execution Policy also lets it void a quote it decides was a manifest error.

Why this matters

The company that supplied the price is the company that decides the price was wrong. A profit removed this way is a profit you had already banked.

Exhibit 15WarningStandard wording

Prohibited practices include latency arbitrage, feed manipulation, exploitation of manifest errors, use of stolen credentials, and coordinated hedging across accounts to exploit bonuses or errors. We may cancel abusive trades, correct prices, and suspend accounts pending investigation.
Clause 3.4 in Client Agreement
Read from the broker's site on Open the reference

Where it sits: section 19 of 41 in the Client Agreement, 46% of the way through.

  • Worse together with Exhibit 14DOYOS sets the quote, takes the other side of the trade, and then rules on whether its own quote was an error.

DOYOS bars seven nationalities, and one of its own sites lists five

Clause 2.1 of the Client Agreement bars residents and citizens of the USA, Iraq, Iran, India, UAE, Russia and North Korea. The DOYOS legacy site at old.doyos.com, still live today, leaves India and the UAE off that list. DOYOS can also change spreads, swaps and leverage by posting a notice on the website.

Who may hold an account2 clauses flagged

DOYOS bars residents and citizens of the USA, Iraq, Iran, India, UAE, Russia and North Korea. Its old site at old.doyos.com is still live and leaves India and the UAE off that list.

Why this matters

The bar is on citizenship as well as residence, so an Indian or UAE passport holder living anywhere is caught. If DOYOS finds out after you deposit, it can close the account immediately.

Exhibit 7WarningHarder than usual7

You must be at least 18 years of age, have full legal capacity, and not be resident or citizen of a restricted jurisdiction including USA, Iraq, Iran, India, UAE, Russia and North Korea, or any jurisdiction where our services would be unlawful.
Clause 2.1 in Client Agreement
Read from the broker's site on Open the reference
Our own capture of old.doyos.com, taken on Oct 1, 2026The claim, on Legacy DOYOS site homepage footer, live todayVisit this page on the broker's siteDownload the full size image file
Our own capture of doyos.com, taken on Oct 1, 2026What the contract says, clause 2.1Visit this page on the broker's siteDownload the full size image file

Where it sits: section 11 of 41 in the Client Agreement, 27% of the way through.

Trading on your account counts as agreeing to whatever DOYOS posts. The Terms of Use let DOYOS amend them with a website notice. The Client Agreement applies the same rule to spreads, swaps, trading hours and leverage.

Why this matters

No clause gives you a notice period, and nothing has to reach your inbox. The cost of holding a position overnight can change while the position is open.

Exhibit 8WarningHarder than usual

We may amend these terms with website notice; continued use constitutes acceptance.
Clause 8 in Terms of Use
Read from the broker's site on Open the reference

Buried at section 42 of 53 in the Terms of Use, 79% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must give a retail client advance notice of a change to the contract terms in a durable form, and usually a right to close the account without penalty. The DOYOS clause requires only a notice on the website.

DOYOS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

DOYOS can reopen your verification at any time and freeze the account while it runs

Clause 4.2 of the KYC Policy lets DOYOS suspend funding, withdrawals and trading if you do not cooperate with a review. No clause sets a deadline for finishing one. The AML Policy asks corporate owners for documents at 10% ownership while the KYC Policy sets the threshold at 25%, and both were published in January 2026.

Verification2 clauses flagged

DOYOS can reopen your verification whenever funding looks large or unusual, or a third party tries to pay in. If you do not cooperate, it can suspend funding, withdrawals and trading.

Why this matters

No clause says how long a review may take or what finishes one. Your deposit stays where it is until DOYOS decides the review is over.

Exhibit 16WarningHarder than usual

Failure to cooperate may lead to suspension of funding, withdrawals or trading under the Client Agreement.
Clause 4.2 in KYC Policy
Read from the broker's site on Open the reference

Buried at section 25 of 38 in the KYC Policy, 66% of the way through.

The AML Policy asks for owner documents at 10% of a company. The KYC Policy sets the same threshold at 25%. Both were published in January 2026.

Why this matters

A corporate applicant cannot tell which owners must be documented before applying. The wider figure is the one that decides whether your account opens.

Exhibit 19NoticeHarder than usual10%

Corporate, PAMM and IB applicants must provide certificates of incorporation, directors/shareholder registers, and ultimate beneficial owner (UBO) IDs for holdings of 10% or more.
Clause 1 in AML Policy
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 12 of 44 in the AML Policy, 27% of the way through.

DOYOS sets the price and takes the other side of your trade

DOYOS executes every order as principal, which means it is your counterparty and its MT5 quotes are the only reference price. Its Spreads page promises no hidden markups and never mentions that arrangement. Its AMS Policy puts portfolio managers on a quota of two new accounts a week.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Both sides of the trade2 clauses flagged

Every DOYOS order is executed over the counter with DOYOS as the principal on the other side. MT5 shows DOYOS prices, and the Risk Disclosure says those quotes may differ from other venues.

Why this matters

The Spreads page promises no hidden markups and never says who sets the price. You have no outside benchmark to check a fill against.

Exhibit 14WarningStandard wording

All client orders are executed over-the-counter with DOYOS Global Ltd acting as principal counterparty, not on a regulated exchange or central clearing venue.
Clause 1.1 in Order Execution Policy
Read from the broker's site on Open the reference
Our own capture of doyos.com, taken on Oct 1, 2026The claim, on Spreads and commissions page, Transparent costs panelVisit this page on the broker's siteDownload the full size image file
Our own capture of doyos.com, taken on Oct 1, 2026What the contract says, clause 1.1Visit this page on the broker's siteDownload the full size image file

Where it sits: section 10 of 40 in the Order Execution Policy, near the start.

DOYOS's Conflicts of Interest Policy says partner commission structures are disclosed in the Partner Agreement. That agreement calls its tiers illustrative and offers a base rate, an uplift and a custom schedule, with no numbers.

In plain words

Remuneration means payments it receives.

Why this matters

Partners must disclose their pay to the clients they refer. Nobody can disclose a rate the contract never states.

Exhibit 18NoticeHarder than usual

Commission is paid as spread/commission share per closed lot on referred active clients trading Forex, Metals, Indices, Commodities and eligible CFDs. Illustrative tiers:
Clause 2.1 in Partner (IB) Agreement
Read from the broker's site on Open the reference

Where it sits: section 12 of 35 in the Partner (IB) Agreement, 34% of the way through.

One brand, one licence, and a second registration nobody explains

DOYOS Global Ltd holds Mauritius FSC licence GB24101245 and contracts under Mauritius law. Its own market news site names a different registration for the same company in Saint Lucia. Neither the Client Agreement nor the Terms of Use promises to keep your money separate from the company's own.

Who holds your money2 clauses flagged

DOYOS advertises segregated client funds on its licence page and its security page. The Client Agreement and the Terms of Use contain no segregation clause at all. The only mention sits in the Privacy Policy, under security measures.

Why this matters

A promise in marketing is not one you can enforce. If DOYOS failed, you would need a contract term holding your deposit outside the company's own money. There is no such term.

Exhibit 6WarningHarder than usual

Security measures include encryption in transit, access controls, segregation of client funds from company funds, staff training and periodic reviews — see Security.
Clause 4 in Privacy Policy
Read from the broker's site on Open the reference

Buried at section 33 of 51 in the Privacy Policy, 65% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus), ASIC (Australia)

Firms licensed by the FCA, CySEC or ASIC must hold retail client money in segregated client accounts under written client money rules, and must set that duty out in the client agreement. The DOYOS Client Agreement contains no segregation term, and no compensation scheme is named anywhere in the document set.

DOYOS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

You contract with DOYOS Global Ltd of Mauritius, registration C188915, under FSC licence GB24101245. DOYOS's own market news site names the same company as registered and licensed in Saint Lucia, number 202300626.

Why this matters

Nothing in the document set says what the Saint Lucia company is or which one holds your deposit. That same footer tells you to read a Product Disclosure Statement and a Financial Services Guide that DOYOS does not publish.

Exhibit 17WarningRarely seen

Doyos Global Ltd. is Registered & Licensed in Saint Lucia. Registration No- 202300626
Clause Site footer in Insight article with Saint Lucia footer
Read from the broker's site on Open the reference

Buried at section 14 of 22 in the Insight article with Saint Lucia footer, 64% of the way through.

Our readingOne brand carrying two company registrations in two jurisdictions, with no group structure published, is unusual. The documents do not say whether the Saint Lucia entity trades, holds client money, or is dormant.

Prolonged inactivity can close your DOYOS account, with no period stated

Clause 6.2 of the Client Agreement lists prolonged inactivity among the grounds for immediate termination, and never says how long prolonged is. The same clause returns your free balance less what you lawfully owe. DOYOS charges no dormancy fee anywhere in its document set.

In plain words

Dormancy means an account left unused.

Dormant accounts1 clause flagged

DOYOS lists prolonged inactivity among the reasons it can end your account with immediate effect. No clause anywhere says how long prolonged means.

Why this matters

The same clause returns your free balance less what you lawfully owe, so a closure is not a forfeiture. DOYOS charges no dormancy fee anywhere in its document set.

Exhibit 20NoticeStandard wording

We may suspend or terminate with immediate effect for breach, false information, suspected fraud, money laundering, abuse, prolonged inactivity, regulatory instruction, or force majeure.
Clause 6.2 in Client Agreement
Read from the broker's site on Open the reference

Buried at section 28 of 41 in the Client Agreement, 68% of the way through.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

DOYOS states the protection as a fact on its licence page while the Terms of Use say it is not a guarantee.

Said in public, in English

Negative Balance Protection — You cannot lose more than your deposit

Licence and regulation page, benefits list under Why Choose a Regulated Broker

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of doyos.com

In the contract · clause 4

Negative balance treatment, if any, is as stated in the Client Agreement and does not constitute a guarantee.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of doyos.com

02

The security page points to the Risk Disclosure for the protection, and the Risk Disclosure never grants it.

Said in public, in English

Retail accounts cannot lose more than the deposited balance to a negative position under our policy — see Risk Disclosure.

Security of Funds page, Three layers of protection

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of doyos.com

In the contract · clause 2

Professional or high-leverage accounts may face losses beyond deposits where applicable law permits.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of doyos.com

03

The complaints page says your withdrawal rights are unaffected, and the Refund Policy lets an unresolved dispute delay the payout.

Said in public, in English

No. Complaints are handled independently by compliance; your trading and withdrawal rights under the Client Agreement are unaffected.

Complaint handling page FAQ, answer to Will complaining affect my account

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In the contract · clause 1.3

Open compliance holds, bonus volume shortfalls, or unresolved execution disputes may delay release until cleared.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of doyos.com

04

The managed account page says a manager earns only a performance fee, and the AMS Policy bills a management fee for every hour of the year.

Said in public, in English

A published performance fee taken only from profits generated on your share — no profit, no performance fee.

AMS / PAMM page FAQ, answer to What does the manager earn

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of doyos.com

In the contract · clause 3

Portfolio Management fees are calculated based on a fixed hourly rate and billed on an annual basis.

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05

India and the UAE are barred by the Client Agreement and absent from the restricted list on the broker's own legacy site.

Said in public, in English

DOYOS Global Ltd does not offer its services to residents of certain jurisdictions such as USA, Iraq, Iran, Russia and North Korea or any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Legacy DOYOS site homepage footer, live today

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In the contract · clause 2.1

You must be at least 18 years of age, have full legal capacity, and not be resident or citizen of a restricted jurisdiction including USA, Iraq, Iran, India, UAE, Russia and North Korea, or any jurisdiction where our services would be unlawful.

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06

The Refund Policy says free withdrawal thresholds are published on the funding page, and that page names none and says everything is free.

Said in public, in English

Fees: DOYOS charges 0% on deposits and withdrawals. Your bank, card issuer or blockchain network may add its own fee or FX charge — check with your provider.

Funding and withdrawal page, note under the payment methods table

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In the contract · clause 3.2

Minimum withdrawal amounts and free-withdrawal thresholds are published in Funding.

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07

Same-day release is advertised flatly while the policy ties it to a daily cut-off time DOYOS does not publish.

Said in public, in English

Approved payouts are released same-day; contact support anytime.

Funding and withdrawal page, step 3 of How to withdraw

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In the contract · clause 2.2

Requests submitted before the daily cut-off are processed the same business day. Incorrect details, mismatched names or bank holidays extend timelines; we notify you via portal or Contact Us.

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08

The Spreads page promises no hidden markups and never says that DOYOS sets the price and takes the other side of the trade.

Said in public, in English

No hidden markups. Compare Classic 2.5 / Pro 1.2 / VIP 0.0 on Individual Account and use Calculators.

Spreads and commissions page, Transparent costs panel

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In the contract · clause 1.1

All client orders are executed over-the-counter with DOYOS Global Ltd acting as principal counterparty, not on a regulated exchange or central clearing venue.

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09

Corporate accounts are advertised at up to 1:200 while the Client Agreement caps leverage at 1:100.

Said in public, in English

Maximum leverage Up to 1:100 Up to 1:100 Up to 1:200 Per manager Up to 1:100

Accounts overview page, maximum leverage row of the five account comparison table

In the contract · clause 4.1

Leverage up to Upto 1:100 may be available depending on instrument, account type and equity, as detailed in Leverage.

10

One company name carries a Saint Lucia registration on the broker's news site and a Mauritius registration in the contract.

Said in public, in English

Doyos Global Ltd. is Registered & Licensed in Saint Lucia. Registration No- 202300626

Footer of the DOYOS market news site

In the contract · clause Preamble

This Client Agreement (the Agreement) is entered into between DOYOS Global Ltd, a company registered in Mauritius with Registration No. C188915, authorised and Regulated by the Mauritius Financial Services Commission (FSC) under License Number GB24101245

The documents this reading is based on

19 files, all published by DOYOS. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording DOYOS publishes.

How this reading was done

Every clause above was read out of a document DOYOS publishes itself

This reading was published on .

Documents
19 of 19downloaded from the broker's site, and 19 read in full
Pages opened
60pages walked to find those documents, footer links included
Marketing pages
11public pages set against what the contract says
Position measured
20clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

DOYOS Global Ltd

You contract with DOYOS Global Ltd, registered in Mauritius as C188915 and licensed by the Mauritius Financial Services Commission under GB24101245. The Client Agreement names that entity and puts the contract under Mauritius law. A second registration for the same company name appears on DOYOS's own market news site: Saint Lucia, number 202300626. Nothing in the document set explains which company that is or what it does.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

DOYOS publishes a full set of legal documents as plain web pages, each dated January 2026, each naming the company, its Mauritius registration and its licence number in its own footer. Its Conflicts of Interest Policy says in plain words that when a client profits on a CFD, DOYOS as counterparty may take a matching loss. Most brokers never put that in writing. There is no dormancy fee, no inactivity charge and no withdrawal commission anywhere in the document set. The complaints page publishes real deadlines, including 2 business days to acknowledge and 15 business days for a standard investigation. Minimum deposits are stated plainly on the accounts page.

No earlier version of these documents is available, so this is a first reading with nothing to compare against. We read every document in the published set, and we read the Conflicts of Interest Policy on DOYOS's own page because it was not part of that set. The client portal needs a login, so we did not see the deposit screens, the daily withdrawal cut-off time, or any individual PAMM manager's published terms.

How to check any of this yourself

Every quote above links to the DOYOS file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document DOYOS publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge DOYOS on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Oct 1, 2026.

If you represent DOYOS and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on DOYOS. Whether its licence is real and current is a separate check on the broker profile.

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