In this review, we look at some information on the products offered by the broker as well as the trading fees that come with them. We also examine the account types provided, as well as the platforms ADSS users can trade with. Finally, we review the customer support quality and responsiveness provided by the broker. If you are interested in opening an account with ADSS, you can read through this or an ADSS Revieweek reviewto gain deeper insight into how this brokerage firm works.
What is ADSS?
ADSS is a leading MENA brokerage firm that is headquartered in the GCC region. With operations in the Middle East and the UK, it is locally licensed. The broker is authorised and regulated by the SCA in the UAE, and it is compliant with the FCA in the UK.
As a professional broker, ADSS provides traders with high quality investment opportunities and a smooth trading experience with innovative platforms. They also provide deep liquidity on their wide range of financial instruments, and they have a dedicated support team of professionals that ensure client queries are solved quickly.
Product Information
ADSS offers a forex and CFD trading on a wide variety of instruments from five main markets – forex, stocks, cryptos, commodities, and indices. The broker does not charge commissions on any trades executed. Below, we examine each of these product offerings in more detail, including information on available leverage.
Forex
ADSS offers spot forex trading and forex CFD trading for their clients. With no hidden fees, there are over 60 currency pairs available, including major, minor and exotic pairs. Traders can trade with deep liquidity, competitive spreads, and a maximum leverage of 500:1.
Indices
ADSS offers index CFD trading for those who prefer to invest in indices instead of individual stocks. Theyprovide access to the most popular indices around the world, including the NASDAQ and S&P 500, as well as the European DAX and the Nikkei 225.
Stocks
Traders can participate in stock trading with ADSS through CFDs. The broker offers access to major stock exchanges around the globe, and traders can trade CFDs on UK, US, Asian and European shares, including the largest names from the Middle East. Leverage can go as high as 20:1 and other fees vary depending on the trade size, account tier, and instruments being traded.
Cryptos
Crypto CFD trading is also available, and traders can trade CFDs on Bitcoin, Bitcoin Cash, Litecoin, and Ethereum with ADSS with a leverage of up to 4:1. Crypto CFD trading is available 24/5, with transparent pricing and fast account funding with UAEPGS. Traders do not need to open a separate digital wallet to begin trading.
Commodities
ADSS offers commodities traders the ability to access commodity derivative trading. Traders can trade CFDs on spot commodities and commodity futures. Some instruments include metals like gold and silver, energy sources like oil and natural gas, and agricultural products like coffee.
Account types and tiers
ADSS offers three live account types and a demo account for those who are interested in trading with the brokerage firm. The live accounts are the Classic, Elite and Elite + accounts.
Live account tiers
The Classic account is the standard trading account for retail traders. It has a minimum deposit of $100, and traders can access all of ADSS’ instruments. ADSS Classic traders can trade with competitive spreads and a maximum leverage of 500:1. They can also access their 24/5 customer support and training courses available on their site. Overall, it is a standard package with all the necessities covered, and retail traders will be comfortable with a Classic account.
The Elite account is a step up from the Classic account, with a minimum deposit of $100,000. Traders can access all the features of the Classic account while trading with 25% lower spreads. They are also assigned a dedicated senior manager who can provideadditional support. On top of this, they can fund their account and keep multiple currencies to increase efficiency and convenience in trading, and they have exclusive access to +Elite events organised by the broker and beyond.
Finally, the Elite+ account has a minimum deposit of $250,000 and it is considered the top tier of ADSS’ offerings. With even lower spreads than those with Elite accounts, Elite+ traders also receive the assistance of a sales trader.
Demo account
Traders who want to hone their skills by trading on demo can do so by opening an account with ADSS. They are given access to ADSS’ full product offering with live market rates on MT4, and they can trade risk-free with $50,000 of virtual money. For those looking to practice more complex strategies with their trading account, they can find free video guides from the broker on how to use the platform. Sign-up can be done without a credit card. There are also guides on how traders can navigate the financial markets.
Platforms available
ADSS offers two trading platforms available for all traders: their bespoke solution and MetaTrader 4 (MT4). Both platforms come with strong functionalities and features, such as advanced charting tools, intuitive interfaces, and customisable modules. Traders using either platform can access ADSS’ entire product range, and they can integrate additional software to execute more complex strategies, such as Autochartist.
As far as platforms go, the MT4 platform is a standard in the industry, and most traders are familiar with its features, so let us look at ADSS’ bespoke platform. The broker’s bespoke platform is reliable, with a wide range of indicators available to annotate price charts. Class filters and watchlists make the trading process more personal, and trade execution can be done with both speed and precision with dropdown lists and pop-up modules. The ADSS platform is also available on both desktop and mobile so that traders can trade at their desks or while on the go.
Customer support
ADSS offers strong customer support that is available 24/5, with clients being able to contact them by a form on their website, via email, or by phone. Live chat is also available in multiple languages. The support team is responsive and professional, and they respond to queries quickly as the broker promises. There is also additional help in the for of a personal sales trader and dedicated account manager for clients that subscribe to the Elite and Elite + account tiers.
Bottom line
Overall, ADSS is a professional broker that is reliable and trustworthy in multiple aspects. They are regulated in the regions they operate in, and they provide a comprehensive platform that is built for traders with all levels of experience and skill level. The wide variety of instruments and availability of leveraged trading affords traders a level of flexibility and freedom in diversifying their portfolio as well, as all trades can be executed with 0% commission. Those who want to trade with competitive pricing and low spreads can do so by selecting the appropriate account tier for themselves.