ADSS is currently one of the only brokerages headquartered in the GCC region. It is regulated by the Securities and Commodities Authority (SCA) in the UAE, as well as the Financial Conduct Authority (FCA) in the UK. As a responsible broker, the investment firm is committed to offering traders a fair, competitive, and transparent trading environment. In this review, we take a look at what the brokerage firm offers, and what traders can expect working with them.
Accounts ADSS offers
ADSS offers traders a variety of accounts to get started with. Three of them are live trading accounts, while another one is a demo account. This means whether a trader is new to trading or a seasoned professional, ADSS’ trading accounts suit all needs and experience levels. Here, we break down what they provide below.
Classic
ADSS’ Classic account is their standard account tier for live trading accounts. It has a minimum initial deposit of $100. The Classic account provides traders with competitive market spreads, 500:1 maximum leverage, 24/5 robust customer support, as well as educational resources and training courses that traders can take advantage of to improve their trading skills.
Elite
The second account tier ADSS provides to traders is its Elite tier. It has a minimum initial deposit of $100,000 and offers everything already in the Classic account, but with a few perks. These include having 25% lower spreads, + Elite events, multi-base currency, and a dedicated senior account manager to help traders monitor their portfolios.
Elite+
The highest tier for live accounts provided by the brokerage firm is the Elite + tier. It has a minimum initial deposit of $250,000 and offers everything already in both the Classic and Elite accounts, but with a few additional benefits. These include having ultra-low spreads alongside a dedicated senior account manager and sales trader. This allows traders to gain a more objective view when it comes to conducting trades in the financial market.
Demo account
ADSS also offers traders a demo account that they can trade with. However, the demo account is only available through MetaTrader 4 (MT4). One thing that makes demo accounts different from live trading accounts is that they are done in a simulated environment, making them completely risk-free. That said, it also means traders cannot earn any monetary gains when trading in this account. This makes demo accounts a great way for traders to practice and hone their trading skills, as well as try out new strategies without the fear of potentially making a loss.
Products available
ADSS offers plenty of products for traders to take advantage of. More specifically, traders can trade CFDs on a wide range of offerings, such as stocks, indices, commodities, cryptocurrencies, currencies, and more. This can simply be done on the brokerage firm’s bespoke trading platform. Here, we take a look at the products that traders can trade with.
Forex
Those looking to trade currencies will be happy to know that ADSS provides over 60 currency pairs for traders to take advantage of. When trading online with the brokerage firm, there are also no hidden fees, so traders will always know what they are getting. ADSS’ trading platform is also designed to be incredibly intuitive, meaning there is a minimal learning curve so traders can simply focus on managing their trades. Traders have the option of exploring major currency pairs such as EUR/USD, minors such as NZD/CHF, and even exotics such as EUR/TRY. The brokerage firm provides a market-leading leverage of up to 500:1, alongside some of the most competitive spreads in the industry. ADSS was even voted Best FX Platform 2021 in the Middle East at the Global Forex Awards.
Stocks
Those who trading with ADSS can trade some of the largest names in the finance, technology, communications and healthcare sector. They can even trade stocks from major players in the CGG region, as well as popular names around the world. These include blue-chip companies such as Amazon, Tesla, Boeing, Netflix, Meta, and more. With ADSS, traders do not need to worry about hidden fees and can trade stocks with a leverage of up to 20:1 via CFDs. Traders can even keep a close eye on the news with the broker’s market updates and be amongst the first to identify new opportunities as they crop up.
Cryptocurrencies
While trading cryptocurrencies is still quite new, traders can choose to do so to take advantage of new opportunities. Fortunately, ADSS offers cryptocurrencies as an instrument for traders to trade with. Traders can access competitive spreads, a dedicated account manager, as well as research and educational tools. They can even go long or short and find opportunities in the cryptocurrency market 24/5 regardless of which direction it is moving in. Some of the cryptocurrencies on offer include Bitcoin, Ethereum, and Litecoin.
Unlike other brokers, ADSS allows traders to trade directly through its secure and easy-to-use trading platform. This means traders will not need to open an online wallet, and their funds are not transferred to unregulated crypto exchanges, making it extremely secure.
Commodities
Traders can take advantage of market volatility and choose from CFDs on both spot commodities and futures. Some types of commodities ADSS offers include gold, coffee, and natural gas, to name afew, for both speculation and hedging purposes. Traders have the option of trading per whole tick movement with zero commissions and no hidden fees, in addition to enjoying leverage of up to 200:1. Tick sizes generally range from 1 point, while tick values are 1 USD.
Indices
Instead of simply trading stocks individually, with ADSS, traders can trade CFDs on indices such as the Dow Jones, FTSE, the DAX, NASDAQ, and the S&P 500, with a leverage of up to 333:1. This means traders can take advantage of some of the tightest spreads in the market. They can also respond to global events, gain exposure to an entire market or sector, and capitalise on market gains, all on a single platform.
Bottom line
Overall, ADSS is a highly reputable brokerage firm that provides traders with plenty of instruments to trade with. These include stocks, indices, commodities, cryptos, as well as currency pairs. This makes it easy for traders to diversify their portfolios, should they choose. There are also different trading accounts that traders can make use of, such as the Classic, Elite and Elite + tiers. This means no matter one’s experience level, they should be able to find an account that suits their trading skills and needs. Moreover, if a trader wishes to practice their skills without worrying about monetary losses, they can simply open a demo account with the broker, which is completely free of charge.
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