A comprehensive review of ADSS

ADSS background

ADSS is a leading and award-winning MENA brokerage firm that is based in the United Arab Emirates (UAE) and also has clients around the world. ADSS was founded in 2011, and currently has several locations around the world as well, including London, Hong Kong, and Singapore. It is regulated and licensed in all regions that it operates in, such as the SCA (UAE), the SFC (Hong Kong), the FCA (UK) and the MAS (SG). On the whole, the award-winning brokerage firm services a mix of retail and institutional investors and traders and also has a strong trading infrastructure that caters to traders of all skills and experience.

The investment company has won many awards and is also regularly recognised by industry peers for its commitment to excellence, quality trading platforms and exceptional customer service. ADSS remains highly trusted and considered an innovative choice and provides the trading community with extraordinary investment opportunities. You can read a detailed review here to learn more about what the brokerage firm offers to traders.

Account types

As of the time of writing, ADSS offers clients three tiers of live accounts. These are the Classic, the Elite, and the Elite+. The minimum deposit requirements start at $100, making it incredibly affordable for traders. Regardless of which tier a trader picks; they all can trade with a leverage of up to 500:1 in the global markets.

Classic

The Classic trading account tier can be opened up with a $100 minimum deposit, and traders can trade with competitive market spreads as well as 24/5 customer support. There is a 500:1 maximum leverage, and there are plenty of training courses to prepare traders for trading in the financial markets, regardless of their initial skill level.

Elite

The Elite trading account tier can be opened with a $100,000 minimum deposit. While it does offer 500:1 leverage much like the Classic account tier, it provides 25% lower spreads. Moreover, this account type also offers a dedicated senior account manager for traders, allowing them a third opinion when it comes to placing trades. Traders are also assigned multi-base currency for this account.

Elite+

The Elite+ trading account tier is very similar to the Elite trading account. One of the few differences is that it has a $250,000 minimum deposit and offers traders ultra-low spreads. In addition to a dedicated senior account manager, traders also get a sales trader to help them in their trading journey. Traders further get assigned multi-base currency with this account.

Demo account

ADSS also offers traders a demo trading account for them to practice trading with. This account is hosted on MT4, and it is free of charge for those who have already registered with the brokerage firm. Demo traders can open a demo account that already has $50,000 of simulated funds, allowing them to access live markets on desktop, mobile or tablet. This will allow traders to place simulated trades on a wide range of markets and currency pairs, making it a fantastic way to hone their trading skills and strategies.

Funding an ADSS account

One thing that makes ADSS unique compared to its peers is that it offers fast and convenient account funding for clients. For instance, residents of the UAE that are looking to open live trading accounts can use UAEPGS. This is a specific transfer payment gateway from the UAE’s Central Bank, allowing traders to transfer funds through a single integration. That said, depending on the account holder, there may still be a maximum transaction limit per day and per month.

This funding method is only available for residents in the UAE. For those clients based outside the UAE, they can instead fund their account through credit card, bank wire transfer, or other digital payment platforms such as Cash U, Skrill, Neteller, Samsung and Apple Pay.

Trading platform

The brokerage firm offers clients two types of trading platforms. The first is their bespoke ADSS trading platform. The second is MetaTrader 4 (MT4). Therefore, those who have a preference fortrading with a standard interface, or those who have more experience with using MT4, can choose to do so. However, those who are eager to spread their wings and try something new can choose to also explore a robust and powerful trading platform. Traders will be pleased to know that both platforms support high liquidity with minimal slippage as well as competitive pricing, and traders can even receive support through the ADSS tech support team.

Fee structure and charges

Traders will be happy to know that they will not be charged a commission on ADSS’ trading platform as well as the MT4 platform when trading. There are also no hidden fees. Spreads remain very competitive, and aside from the minimum deposit requirements stated for each account type, traders do not have any non-disclosed fees that they need to abide by.

Products available

As of the time of writing, ADSS offers CFDs on over 1,000 instruments, and these include currencies, equities, indices, cryptocurrencies, bonds, and commodities.

Traders have the option of participating in trading highly liquid major and minor forex pairs, in addition to exotic pairs that are available upon request. There is a total of 60 forex pairs that are available for traders to pick from, and trading is entirely commission-free. The maximum leverage for forex pairs is up to 500:1.

Equity traders will be happy to find a large and varied selection of shares and stocks available for trading across various sectors, such as healthcare, technology, finance and more. Traders can trade with a leverage of up to 210:1, and tick sizes range from 0.01 to 1 point. Because ADSS is a MENA-based brokerage firm, there is also a wide selection of Middle Easter equities that are on offer for traders, and they usually cover some of the largest names in the GCC region.

Traders can even participate in index CFD trading. This means they can speculate on price movements of some of the most popular indexes around, including the NASDAQ, the FTSE, the DAX, and the S&P 500, to name a few. Traders can even capitalise on volatile and active markets to gain exposure to positions with little effort. Moreover, ADSS does not even charge commissions on CFD trades either. For those interested in using leverage, it is available up to 333:1.