ADSS is an award-winning brokerage firm that is based in the UAE. It is currently one of the leading brokers in the region, with clients coming from both locally and internationally. It is regulated by the SCA in the UAE and the FCA in the UK. In this broker review, we take a deep dive into what ADSS provides to traders, such as its instruments on offer, account tiers, and funding methods. Keep reading below to learn more.
Tradable instruments on offer
At the time of writing, ADSS offers a wide range of financial instruments including forex, stocks, indices, cryptocurrencies and commodities. Leverage varies depending on the instrument chosen. Additionally, there are no commissions charged for any trades that are executed. These features therefore make ADSS a huge bonus for high-frequency traders or traders who have high-volume executions. For retail traders, these features can also help traders save on any operational fees that could potentially eat into potential returns.
ADSS offers traders over 60 currency pairs to choose from, including major, minor and exotic pairs. The brokerage firm even offers a wide variety of derivative and over-the-counter trade execution for forex traders. Leverages can be as high as 500:1, and spreads remain very competitive.
Traders can even access both local and global stocks offered by the brokerage firm. These includelarge-name and blue-chip stocks, such as Microsoft, Tesla, Nike, Amazon, Meta and more on international markets, in addition to GCC stocks such as Jabal Omar and NAMA Chemicals. Traders can even take advantage of a leverage of up to 20:1.
Traders will be pleased to know that they have the option of trading indices instead of simply trading stocks individually. The maximum leverage that traders can take advantage of is 333:1, plus they can do so by speculating on the performance of the global market benchmarks. Indices that are mainly offered by ADSS include Hong Kong’s Hang Seng Index, Japan’s Nikkei 225, and more.
Traders even have the option of speculating on a variety of different commodity types such as metals, energy products like crude oil, and agricultural products like coffee. Leverages can be up to 200:1. Commodities also tend to be traded per whole tick movement.
Those who are looking to speculate and trade on newer instruments will find themselves in luck, as ADSS offers cryptocurrencies for traders. Traders can use CFDs to speculate and trade on some of the world’s leading cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, to name a few. ADSS also provides highly competitive spreads, other research and educational tools, and a dedicated account manager. Traders can therefore go short or long, allowing them to find opportunities in the financial market regardless of which direction it moves. The maximum leverage traders can take advantage of is 4:1, with tick values being 1 USD and tick sizes being 1 point.
Account tiers provided
ADSS offers trading a few different live trading accounts, as well as a demo account for them to make use of. Here we have explained them below:
The Classic account is ADSS’ standard live trading account type and is ideal for traders of all skill and experience levels. With a minimum initial deposit of $100, the account is a great way for traders to get started and enter the financial markets. The Classic account also comes with a leverage of up to 500:1 for any instrument, and traders can even take advantage of the full range of markets through ADSS. No fees or commissions are charged on any trades that are executed.
The Elite account is the second account tier ADSS provides. It begins with a minimum initial deposit requirement of $100,000. It also offers 25% lower spreads. The Elite account offers everything that the Classic account already has but with a few additional features. These include access to +Elite events, multi-base currency, and a dedicated senior account manager.
The Elite+ account is the highest account tier that is offered by the brokerage firm. It begins with a minimum initial deposit requirement of $250,000. The Elite+ account offers everything in the Classic and Elite accounts, alongside a few more perks. These include ultra-low spreads and a sales trader alongside a dedicated senior account manager.
All live traders, including those using the demo account, can access ADSS’ available educational resources that are on their official website. These include market analysis, blog articles, and video tutorials on how to use and trade the brokerage firm’s trading platform.
ADSS’ demo account offers 50,000 USD in virtual funds, which users can use to paper trade and hone their trading skills. It is completely free to open a demo account with ADSS, so long as one has registered an account with the brokerage firm. That said, demo trading is only allowed through MT4, though demo traders can still access ADSS’ large range of instruments. The virtual funds can even be reset if the trader wants.
When it comes to the trading platforms themselves, there are two options for live traders to choose from, and one option for demo traders. Demo traders can only access MT4 to paper trade in a simulated environment, which remains the sector’s most popular forex trading platform. That said, it is possible to trade with other instruments as well.
Live traders, on the other hand, can choose between trading on MT4 or through ADSS’ bespoke platform itself. The ADSS platform remains largely comprehensive to traders and offers them a highly efficient way to trade on both desktop and mobile devices, in addition to the internet browser. Through ADSS’ proprietary software, traders can get in touch with the entire range of instruments that the broker offers.
Funding and withdrawals
One thing that makes ADSS unique when compared to its peers is the many ways traders can withdraw and deposit funds. This can be done either through wire bank transfer, credit card, or even through digital wallets such as Skrill, Neteller, Apple and Samsung Pay. This makes the overall trading experience a lot more smooth and efficient for traders.
Overall, ADSS provides traders with a wide range of accounts and instruments for clients to take advantage of, such as forex, commodities, stocks, indices, and more. There are even different ways to withdraw and fund accounts, ranging from bank transfers, credit cards, and even digital wallets. This makes it more accessible and efficient for traders to start their trading journey, regardless of whatever experience and expertise they may have.