Good Broker/Graphs

Is ADSS a good broker?

by aussie forexin Tradingon Posted on

ADSS is a leading MENA brokerage firm that caters to international traders as well. They primarily offer CFD trading in a wide range of international markets. The brokerage is headquartered in the UAE and is licensed and authorised by the SCA. They also have offices in the UK and Hong Kong, and they are regulated by the FCA and SFC, respectively.

Why is a broker important?

Brokers are very important when it comes to trading and investing. For starters, brokerage firms are the ones providing investors and traders with access to the financial markets in the first place. They act as intermediaries between buyers and sellers, so traders can trade various financial instruments.

Without brokers, individual investors would face challenges in accessing these markets.

Summary of ADSS

On the whole, traders can consider ADSS as a worthy broker that does provide the professional financial services that they need and that the official website states. These services are mainly based on the brokerage firm’s product offering of CFDs which cover a range of financial instruments. These include indices, cryptocurrencies, forex, stocks, and commodities. There are two platforms that the investment company offers to clients – their ADSS bespoke solution as well as the MetaTrader 4 (MT4) platform.

Depending on the amount of funds a trader is carrying, they have the option of picking the most suitable account type. ADSS offers three tiers of live trading accounts as well as a demo account. Furthermore, customer support can be reached through an online form on ADSS’ official website, via email, or through the phone. There is also comprehensive and in-depth content on their website, including a market analysis, a dedicated financial terminology glossary, and more. All content on ADSS’ website is bilingual, in both English and Arabic.

Who is ADSS for

ADSS mainly focuses on servicing investors and traders around the world. These range from beginner to intermediate traders, as well as those with plenty of experience and what to get trading on a professional platform. ADSS offers of many account tiers are a great way for traders to get what they need out of the brokerage firm.

The brokerage firm not only caters to retail traders but also to institutional investors. They even offer partnerships such as the Money Manager program and the Introducing Broker program. Affiliates can also become ADSS partners and even earn appealing rebates.

ADSS’ account types

As stated above, clients have the option of opening one of three types of live trading accounts with ADSS, as well as signing up for a demo account. Live accounts include the Classic, Elite and Elite+ tiers.

Classic

The Classic account is considered a standard account tier. It should be suitable for most retail traders. Below are a few of the key points that it covers.

  • $100 minimum initial deposit
  • 500:1 maximum leverage
  • Competitive market spreads
  • 24/5 support from the ADSS customer support team
  • Free access to training and education resources

Elite

For those who are looking for more functionality and that trade more frequently, the Elite account tier is the second account tier offered by ADSS. Below are a few of the key points that it covers, alongside everything that was already in the Classic tier.

  • $100,000 initial minimum deposit
  • 500:1 maximum leverage
  • Dedicated senior account manager
  • 25% lower spreads
  • Access to +Elite events
  • Multi-base currency

Elite +

The Elite+ account tier is the highest account tier that is offered by ADSS. It covers everything in the Classic and Elite tiers, on top of a few additional features.

  • $250,000 initial minimum deposit
  • Ultra-low spreads
  • Multi-base currency
  • 500:1 maximum leverage
  • Dedicated senior account manager and sales trader
  • Access to +Elite events

Products available

ADSS offers traders access to CFD trading. The main products that are covered include forex, equities, indices, cryptocurrencies, and commodities. Below, we take a closer look at these products, including information on rates, leverage, and instruments available.

Forex

Traders using ADSS can trade forex CFDS in over 60 currency pairs, including major pairs such as GBP/USD and EUR/USD, and minor pair such as EUR/GBP and GBP/JPY, with exotic pairs being available upon request. ADSS does not charge any commissions on their trades, and the maximum leverage that can be used is 500:1. Rates tend to vary, with the brokerage firm providing a detailed market information sheet on their website that is updated very frequently. For the most accurate and up-to-date information, make sure to visit the ADSS website.

Equities

Traders can participate in CFD trading on a few major players around the world. These include some of the most popular companies out there, such as Netflix, Tesla, Meta and more. ADSS’ equity offerings cover the US, UK, continental Europe, and Asia-Pacific region, and there is also a focus on companies in the GCC region, which makes sense, given the brokerage firm is headquartered there.

Indices

Traders can participate in index CFD trading if they are not looking to buy and sell CFDs on individual stocks. ADSS offers leverage of up to 333:1 on their index CFDs. There is also a range of popular indices available for traders to speculate on. This includes the S&P 500, NASDAQ, the FTSE, the DAX, and more. There are no commissions, and trading hours and rates vary depending on the trader’s account tier and index being traded.

Commodities

ADSS offers CFD trading on futures commodities, spot commodities, and commodity-linked ETFs. Traders can pick from the energy, agricultural, and metal markets. Some instruments traders can speculate on include Crude oil, copper, gold, and coffee. Commodities are traded per whole tick movement, with no commissions being charged. Leverage varies, with the maximum being 100:1.

Cryptocurrencies

Crypto CFD trading tends to be extremely volatile. As such, not all traders a suited to participate in such a fast-past market. As such, ADSS has provides a very clear disclaimer on their market page. For those who are still eager to trade crypto CFDs, they can do so 24/5 with the brokerage firm. The instruments that are being offered include Bitcoin, Litecoin, Bitcoin Cash, and Ethereum. Traders do not need to open an online wallet to start trading, instead, they can participate in CFD trading directly through ADSS’ trading platform with their live accounts. The tick size is 1 point, with a maximum leverage of 4:1 that traders can use.