In this review, we will look at GCC-based broker ADSS, which is headquartered in the UAE and serves global clients. It is authorised and regulated by the Securities and Commodities Authority (SCA) in the UAE. With a bilingual website in English and Arabic, ADSS is, at first glance, a great broker for traders and investors in the GCC region to work with. We will go through the available asset classes the broker offers, its trading platform, and finally, its account types and fee structure.
If you are considering working with this broker, it is essential that you do not read only one review of a broker and make your decision. You should always look around online to find more opinions before forming your own. You can read this Forex Empire ADSS review, for instance, for a more comprehensive look into what the broker offers – from its platforms and tools to its customer support and educational resources. The broker you work with can have an impact on how your investment journey goes, so be sure to stay informed to find one that suits your needs.
Table of Contents
Asset classes available
Access to international markets is one of the services provided by ADSS, along with CFD trading on indices, FX, stocks, cryptocurrencies, and commodities. Working with ADSS has a number of benefits, one of which is that traders do not have to pay fees when completing transactions across markets. This is especially appealing to high-frequency traders and other traders who prefer to trade relatively often.
ADSS offers a collection of indices for traders to trade CFDs on, including the DAX, the Hang Seng Index, the US 50, the US 100, and more. Traders can speculate on the movements of markets with leverage of up to 333:1, and as mentioned, there are no commissions charged on all trades placed.
Traders can also access a wide range of forex pairs that are available for trading, including major, minor, and exotic currency pairs. With available leverage of up to 500:1, traders will find plenty of opportunities in forex CFDs, with fast execution, competitive spreads, and no commissions charged on trades.
As a GCC-based broker, ADSS excels at providing access to a truly international market, covering exchanges from the US, Eurasia, including the biggest names in the GCC region, and Australia. Traders can trade stock CFDs effortlessly with competitive fees, and they can build a diversified portfolio relatively easily with their range of equities available. Leverage of up to 20:1 can be used, and no commissions are charged on stock CFD trades.
Cryptocurrency CFD trading is popular globally, and ADSS provides speculation on the price movements of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, with leverage ranging from 2:1 to 4:1. Tick size begins at 1 point, and traders can go long or short with CFDs and potentially benefit from both rising and falling markets. Traders can trade 24/5 with no commissions charged.
Finally, ADSS offers traders a wide range of commodities for CFD trading, including metals, oil, gold, coffee, and more. Traders can choose from CFDs on spot commodities, futures, and commodity-linked ETFs, with no commission on any trades placed. They can also trade commodities per whole tick movement, simplifying the process. Maximum leverage available is 200:1.
ADSS offers two ways to trade for their live traders, and they offer one way to trade for their demo traders. Let’s look at the option for demo traders first – MT4.
The broker offers a risk-free MT4-demo for traders that are registered but do not want to start live trading yet. Traders do not have to enter their credit card details or fund any accounts when they are using the demo account, and they can access paper trading with 50,000 USD of virtual money that can be reset upon request and ADSS’ range of trading instruments. The trading platform – MT4 – is no doubt familiar to many, and this is a good way on ADSS’ part to give traders time and the ability to really check out what their offering entails, without having to acquaint themselves with a whole new platform from the get-go.
Live account holders, on the other hand, have the option of trading with MT4 and the ADSS platform. Let us begin again with MT4. The platform is available on desktop and mobile, and there are customisable and advanced charting tools for more sophisticated traders. These traders can also use Expert Advisor (EA) plugins to execute more complex trading strategies. Trading on browser is also possible, and there is a web terminal that can be accessed.
For those who wish to trade on the ADSS bespoke platform, what they will find is a seamless trading experience on a very customisable platform that has plenty of charting tools and indicators. Traders can access smart filters that can make it easier to find instruments to trade, and they can enter orders with precision with deal ticket drop-downs and advanced order panels. There is also an intuitive interface that makes it suitable for traders of all levels. The platform is available on mobile and on desktop, and traders can switch between devices seamlessly without compromising their trades and trade execution.
However, one note of caution – traders should make sure their devices support this switching, which will depend on their device models and their Internet connection. ADSS is not responsible for any slippage or trades that fail to execute because of the hardware of the trader.
Account types and fees
Traders can access a free demo account upon registration with ADSS. They can also access different tiers of live accounts. ADSS offers a standard assortment of accounts, ranging from their Classic account for individual traders that are just starting out to their Elite and Elite + accounts for bigger and more experienced traders who want to really make the most of their investment journey.
The Classic account requires a 100 USD deposit, and traders can find competitive market spreads to trade with. A maximum leverage of 500:1 is available, and traders can enjoy 24/5 support from the ADSS team, with access to the broker’s training courses. This is really a standard account for any individual traders who are looking for a smooth trading experience.
Then you have the Elite and Elite + accounts that are for more sophisticated traders that look to trade more and open larger positions. Elite accounts begin at a 100,000 USD deposit and traders can access 25% lower spreads, while they also get a dedicated senior manager to work with. They can attend ADSS’ + Elite events, and they can access a multi-base currency account, which is a great way for forex traders to make the most of the market. Elite + traders get the same benefits, but with a higher minimum deposit requirement at 250,000 USD, they get even lower spreads with their own sales trader.
Our opinion of ADSS
Overall, we managed to look at this broker’s offerings, platform, and account types, and from there we can safely say that ADSS is a worthy broker regardless of your skill and experience level. The lack of commissions required to place trades is no doubt a point of appeal for many traders, and the fact that this is a GCC-based broker also means there will be a strong focus on offering shares of companies based in the region.