Finding a new brokerage firm to work with is always tricky. This is because there are currently plenty of investment firms on the market, making it difficult to tell which one best suitsyour needs and preferences. This is why it is highly recommended that traders do their due diligence before committing to and partnering with a brokerage firm. In this review, we take a look at one such brokerage firm – ADSS. More specifically, we look at some commonly asked questions regarding the broker, and what it provides to its clients.
What are ADSS’ licenses and regulations?
Traders will be pleased to know that ADSS remains regulated in all the regions in which they are based in. As one of the only brokerages headquartered in the GCC region, they operate in the Middle East and the UK. This means ADSS is regulated by the Securities and Commodities Authority (SCA) in the UAE and the Financial Conduct Authority (FCA) in the UK. As a responsible brokerage firm, ADSS is committed to offering traders a competitive, fair and transparent trading environment.
What accounts does ADSS offer?
ADSS offers plenty of different accounts for traders to choose from, with three being live trading accounts and one being a demo account. This indicates whether a trader is new to trading or a seasoned professional, ADSS’ trading accounts suit all needs and experience levels. Here, we break down the trading accounts below:
Classic
- $100 minimum initial deposit
- Competitive market spreads
- 500:1 maximum leverage
- 24/5 customer support
- Training courses and educational insights
Elite
- $100,000 minimum initial deposit
- 25% lower spreads
- 500:1 maximum leverage
- Dedicated senior account manager
- +Elite events
- Multi-base currency
Elite +
- $250,000 minimum initial deposit
- Ultra-low spreads
- 500:1 maximum leverage
- +Elite events
- Multi-base currency
Demo account
ADSS also provides a demo account for traders to use. While the two accounts are similar, the demo account only allows for paper trading in a simulated environment. This means traders will not incur any monetary losses when they trade, but there will be no monetary gains as well. This makes it a great way for traders to improve and hone their trading skills without the fear of making a loss. Opening a demo account with ADSS is completely free to do – one only needs to register an account with the broker. That said, the demo account is only available from MetaTrader 4 (MT4).
What platforms does ADSS provide?
ADSS provides two different platforms for traders to take advantage of. The first is their bespoke trading platform which provides a seamless trading experience from mobile to desktop devices. The second is through the popular online trading platform MT4. Below, we take a deep dive into what the platform offers to traders.
Bespoke trading platform
ADSS provides traders with their own bespoke trading platform to access both global and local financial markets. With this platform, traders can trade with confidence as it has everything needed for fast and secure trading. Traders can expand their portfolio with ADSS’ extensive product range and take control of how and where they are trading without compromise. The bespoke trading platform offers highly competitive spreads and no commissions for users.
Charting
ADSS’ bespoke trading platform offers customisable, comprehensive, and simple charting so that traders can easily research a particular instrument. Traders can also add indicators or change the chart type at the touch of a button, allowing them to trade according to their own preferences.
Interface
The bespoke trading platform provides an intuitive and dynamic interface that makes it easy for traders to navigate and move around, as well as find exactly what they need. Traders can also customise the interface to best suit their needs, and effortlessly move from analysis to trading whatever they need in only a few clicks away.
Experience
Traders can decide exactly how they want to trade with a seamless experience across both desktop and mobile devices. The powerful platform enables traders to switch between different devices without compromising on speed or functionality.
Tools
ADSS’ bespoke trading platform provides smart features such as asset class filters and watchlists that enable traders to quickly access all of their favourite markets while making it very easy to discover new ones. Traders can therefore stay in control with advanced deal ticket drop-downs, for precision order entry.
MT4
For traders who are a lot more familiar with MT4’s platform, they can still use it to trade when working with ADSS. MT4 is a popular trading platform that is commonly associated with forex trading, although it can also be used to trade indices and commodities, via CFDs. As MT4 is highly customisable to a trader’s individual trading needs and preferences, in addition to allowing for automation by implementing algorithms that open and close positions according to pre-set parameters, MT4 remains highly beloved by most traders.
MT4 is currently available on both desktop and mobile devices. It offers plenty of advanced and customisable charting, along with research and educational tools for traders to improve their trading skills. Along with competitive spreads and fees, traders can use trading signals to make better informed financial decisions, in addition to getting access to the latest headlines via ADSS’ live newsfeeds.
For traders who need more help, ADSS can provide assistance. The brokerage firm’s experienced and professional trading services team are on hand 24/5 to help with any MT4 trading platform set-up and customisation. The team also provides multilingual services – some of the languages they can speak include English, Arabic, Urdu, French, Hindi, Turkish and more.
How can traders withdraw and fund their accounts?
ADSS provides plenty of different ways for traders to fund and withdraw from their accounts. They include traditional methods such as bank wire transfers, credit cards and online bank transfers. As of the time of writing, ADSS also allows withdrawals and funding through digital payment platforms like Skrill, Cash U and Neteller, as well as Samsung Pay and Apple Pay. ADSS is also the only broker in the UAE to offer funding via UAEPGS, which is the transfer payment gateway fromthe Central Bank of the UAE. Traders can request to withdraw funds via the same options listed.