ADSS’ regulations and licenses
Traders will be very happy to know that ADSS is an extremely well-regulated and trustworthy brokerage firm. The investment firm holds licenses from financial regulators in all the regions in which it operates. This includes places such as the UAE, where ADSS is regulated by the Securities and Commodities Authority (SCA). The brokerage firm is also regulated by the Department of Economic Development of Abu Dhabi. In the UK, ADSS is instead authorised and licensed by the Financial Conduct Authority (FCA).
Right now, ADSS prides itself on being the largest forex broker in the Middle East and North Africa (MENA) regions and often services clients through its own multi-asset and multi-currency trading technology. It also services clients through a partnership with the industry giant MetaTraderwith the MT4 platform.
ADSS trading platform
ADSS’ trading platform offers a highly impressive trading environment with a straightforward experience, along with a user-friendly interface. The trading platform provides features and tools such as charting tools, technical indicators, and customisable watchlists. Traders also can access real-time economic data and market news, with information from multiple sources of regional liquidity.
MT4
Aside from using ADSS’ own bespoke and in-house trading platform, traders can also make use of MT4 whether by using a demo or live account. When it comes to MT4, is generally known in the trading community as a reliable and standard platform, especially for those looking to trade currencies. However, it must be noted that ADSS does not offer Crypto CFD trading on MT4. Those who wish to trade CFD on cryptocurrencies must trade on the broker’s proprietary platform.
With a low minimum deposit of $100, traders with live accounts can enjoy live trading alongside competitive CFD pricing on a wide range of financial assets. Tools that traders have the option of using include financial news features, market analysis, and an economic calendar. Traders do not have to manually sift through and analyse the market price charts – this can instead be all done automatically if they so wish to do so. So, traders who have a large and diversified portfolio can get all the necessary information they need in a single place, allowing them to trade more efficiently.
Customer support
ADSS provides clients with one-on-one customer support with their multi-lingual specialists throughout the day, 24/5. This means that most queries and questions can be answered very easily, and the team remains patient and professional regardless of the request. Traders can contact the brokerage firm’s customer support through their phone, email or instant web chat facility. Traders who want to use their social media accounts, also have the option of getting in touch with the broker through their social media profiles as well.
Fees and charges
Traders will likely be pleased to know that they will not be charged a commission when using ADSS’ bespoke trading platform, as well as the MT4 platform when they place a trade. The company also does not have any hidden fees. Spreads generally remain highly competitive, and aside from the minimum initial deposit needed to open a live trading account, traders do not have any undisclosed fees that they need to follow.
Educational materials
As a brokerage firm, ADSS not only focuses on providing strong trading technology to clients but also comprehensive educational insights to investors as well, so they can better improve and hone their trading skills. However, none of the research materials should be construed as financial advice, as ADSS is an execution-only broker.
On ADSS’ official website, traders can check out a bilingual glossary that helps them better understand key terms and jargon that are prevalent in the financial sector. The investment company also offers tutorials and articles for traders detailing news breakdowns, and market analysis pieces, as well as video tutorials showcasing how to use ADSS’ bespoke trading platform. Again, most of the educational resources are bilingual in English and Arabic.
Product offerings
The brokerage firm offers plenty of CFDs on various instruments such as commodities, forex, crypto, indices, and stocks, to name a few. Another thing to note is that ADSS does not charge any trade execution commissions for traders, regardless of the account tier they choose. In this Forex Empire ADSS review, there is more explanation on somekey products offered by the brokerage.
Commodities
Traders can take part in trading commodities with CFDs. The maximum leverage for those interested is 200:1. Some of the commodities on offer include agricultural and energy commodities such as UK and US crude oil, coffee, and natural gas, as well as precious and industrial metals. Commodity CFDsare traded per whole tick movement.
Forex
There are over 60 currency pairs available when it comes to trading currencies with ADSS. These include major, minors and even exotic currency pairs. Traders have the ability to trade with a leverage of up to 500:1, alongside highly competitive spreads. Spot forex trading and forex CFDs are available.
Crypto
ADSS offers CFD trading on cryptocurrencies, such as Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. Leverage for these instruments varies, but the maximum leverage is 4:1.
Indices
Index CFD trading is also offered with the brokerage firm. This means that traders can speculate on the performance of how the global markets are doing. Some indices available include the DAX, the FTSE, the S&P 500 and more. Traders can even access global indices across the US, Europe and Australasia. As of the time of writing, index CFD traders can enjoy maximum leverage of up to 333:1.
Stocks
ADSS provides a comprehensive range of stocks that are available for traders to use, with a maximum leverage of up to 20:1. This means traders can gain access to global markets such as the NASDAQ, the LSE, the HKEX, and the NYSE, to name a few. Additionally, as ADSS is headquartered in the GCC, they also offer CFDs on popular names in the region that traders can take advantage of.
Bottom line
We can recommend ADSS as a broker if you intend to trade CFDs or spot forex. There is a solid range of products on offer and there is flexibility in trading, with high leverage, competitive spreads, and an intuitive platform.