In this ADSS trading review, we look at 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 to gain deeper insight into how this broker works.
What is ADSS?
ADSS is a leading MENA broker that is headquartered in the GCC region. With operations in the Middle East, the United Kingdom, and other regions, it is locally licensed in multiple locations. The broker is authorised and regulated by the Securities and Commodities Authority (SCA) in the UAE, and it is compliant with the Financial Conduct Authority (FCA) in the UK.
As a professional broker, ADSS provides their 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, equities, 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 (the last of which are available upon request). Traders can trade with deep liquidity, competitive spreads, and a maximum leverage of 500:1. Other rates vary, depending on the trade size and the currency pair being traded.
Equities
Traders can participate in equity 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 continental 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 instrument being traded.
Indices
ADSS offers index CFD trading for those who prefer to invest in indices instead of individual equities. They provide access to the most popular indices around the world, including the NASDAQ and S&P, as well as the European DAX and the Nikkei 225. With deep liquidity and competitive spreads, traders can trade with leverage of up to 333:1.
Cryptos
Crypto CFD trading is also available with this leading MENA broker. For those who are interested in investing in the crypto market, they can trade CFDs on Bitcoin, Bitcoin Cash, Litecoin, and Ethereum with ADSS, with 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.
As any reasonable broker would do, ADSS puts up a disclaimer on their website on the crypto market, stating that risk-averse traders should not be participating in crypto CFD trading. The volatile nature of cryptocurrencies does indeed make them a risky investment, and all traders should ensure they do their due diligence and research what moves crypto prices before trading. They should also decide if they can sustain potentially large losses from unfavourable movements in the crypto market, based on their own risk appetite and investment objectives.
Commodities
Finally, ADSS offers commodities traders the ability to access commodity derivative trading. Traders can trade CFDs on spot commodities, commodity futures, and commodity-linked ETFs. Some instruments available include metals like gold and copper, energy sources such as oil and natural gas, and agricultural products such as coffee. Rates vary depending on the trade size and instrument being traded, with the maximum leverage available being 100:1 on US Crude oil. Commodities at ADSS are traded per whole tick movement.
Account types and tiers
ADSS offers three live account types and a demo account for those who are interested in trading with the broker. The live accounts are their 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 provide additional 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 practise 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 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 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 Auto chartist.
As far as platforms go, the MT4 platform is a standard in the industry, and most traders are familiar with its features, so we’ll shift our focus to the ADSS 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 desk 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 form of a personal sales trader and dedicated account manager for clients that subscribe to the Elite and Elite+ account tiers.
Summary
Overall, ADSS is a professional broker that is reliable and trustworthy in multiple aspects. They are regulated in the regions they operatein, 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.
