I spend less time and energy learning how to use their platform, and more time actually trading in the markets. Finally, with a relatively low minimum deposit, it provides easy access for new traders, although some competitors have even lower or no deposit requirements. ADSS offers a solid experience with competitive spreads and commission options, though its range of tradable instruments is more limited compared to some other brokers.
Account Types and Benefits
This flexibility allows traders to choose the type of spread that best suits their trading strategy and risk tolerance. The spreads offered by ADS Securities are competitive and are designed to provide traders with the best possible trading conditions. They also allow traders to trade CFDs on a variety of assets, including equities, global indices, commodities, single stocks, forex, and more. This is one of the most liquid and volatile markets, offering opportunities for traders to profit from exchange rate fluctuations.
ADS Securities Regulatory Overview
ADSS acts as the counterparty to all CFD trades with clients, providing an execution-only service through its online platforms. Uploading a government-issued ID and one proof of residency document satisfies account verification for most traders. Traders must verify their trading account, a mandatory step for regulated brokers to comply with strict AML/KYC requirements. ADSS uses a five-step online application which collects information about traders concerning their finances and trading experience. ADSS offers daily market commentary and articles from the Dow Jones News Service on the website while extensive news providers on the platform.
Swap fees apply to overnight positions, but swap-free Islamic accounts are available. Spreads start at 1.4 pips for majors on Standard accounts and can go as low as 0.0 pips on Elite+, with negotiable commissions based on trading volume. In addition to direct assistance, ADSS complements its customer service with educational content and platform tutorials, helping traders understand features on WebTrader, MT4, and the mobile app. ADSS provides responsive, multilingual customer support to meet the needs of both beginner and experienced traders. ADSS offers secure and fast deposit and withdrawal options, including bank wire, cards, online banking, and UAE-specific methods, with no deposit fees and a flat $5 fee for withdrawals.
The ADS Securities forex broker offers three different account types, Prime Lite, Prime Classic, and Prime Elite. ADS Prime is indeed a good choice of broker for most trading requirements, but as far as incentives and ADS Securities bonus is concerned, new traders may be disappointed to learn that there aren’t any. Spread betting may be illegal in several other countries in the world; therefore, ADS Prime only offers the platform for traders from the UK. The ECN account does require a higher investment, as traders will be asked to deposit at least £5000 as their initial deposit. Therefore, ADS Securities has added a wide range of tradable products into its services portfolio to ensure that a majority of the retail trading market can take advantage of their trading accounts.
Avoid Trading with ADS Securities If:
Once your account is approved, you can fund it using various payment methods, and after your deposit is processed, you will be able to start trading on the platform. ADS Securities offers a range of research tools on both its website and platforms to assist traders in making informed decisions. ADS Securities offers 24/5 customer support through multiple channels, including phone, email, and live chat, ensuring clients can reach assistance during trading hours. ADSS currently offers the MT4 platform to its clients but does not provide access to MetaTrader 5. The platform supports EA plugins for automated trading and offers a web terminal version for added flexibility.
ADSS is the biggest Forex trader in the GCC/MENA region and maintains a commission-free cost structure. For over a decade, DailyForex has been the trusted Forex broker authority, establishing an unrivalled reputation for rigorous research and journalistic integrity. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website.
Is ADSS Safe?
The app also features responsive trade execution and account tracking tools for seamless mobile management. You can easily toggle between market quotes, charts, and account tools with minimal friction. ADSS also has its own proprietary WebTrader platform, which is fully mobile-compatible and requires no app download, making it a solid alternative for browser-based trading on smartphones. ADSS supports mobile trading through the MT4 app, available for iOS ADSS forex broker and Android.
Comprehensive Review of ADSS Forex Broker
This global reach allows the company to cater to the needs of clients from different parts of the world. This regulation provides a level of trust and security for its clients. For those seeking more benefits, ADS Securities offers ADSS Prime. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. We work hard to offer you valuable information about all of the brokers that we review.
- Both account types include added perks like dedicated senior account managers, access to exclusive events, and tighter trading conditions.
- Elite accounts offer tight spreads and may charge a small commission, depending on the instrument traded.
- The broker also stands out with robust market research and well-structured educational content, making it a valuable resource for traders looking to level up their skills.
- The ADSS Platform offers an intuitive interface, advanced charting tools, and seamless access across mobile and desktop devices, catering to novice and experienced traders.
- ADS Securities, a private financial services firm based in Abu Dhabi, has indeed been recognized with several awards in the forex industry.
It reflects the firm’s comprehensive offerings and exceptional service in forex trading. It underscores the firm’s reputation for reliability and consistency in the forex market. It highlights the firm’s dedication to offering its clients the best possible trading conditions and outcomes.
- Below are the key points to consider when choosing ADSS as your online broker.
- All non-USD or AED deposits face an internal 1.00 currency conversion fee.
- The account also comes with 24/5 support, ensuring that help is always available when needed.
- For instance, in a PAMM system, the same decisions are made for all accounts under the master account.
- ADSS places a strong emphasis on trader education.
The secure ADSS client portal handles all financial transactions for verified clients. Aside from general customer support, ADSS’ Sales Traders offer technical and market analysis and more. I recommend first-time traders start there and then move on to the 10-video course. The ADSS trading platform mobile app is available in Arabic, with the Arabic desktop version coming soon.
What type of broker is ADSS?
This includes understanding that while EAs can help with trading decisions, they are not a substitute for a comprehensive trading strategy. By placing automatic orders, EAs aim to remove the psychological factor from trading. EAs that place automatic trades under conditions set by the designer of the specific EA.
ADS Securities Desktop MetaTrader 5 Platform
The target spreads for the EUR/USD currency pair in this account type drop to 1.6 pips. The leverage on your ADS Securities Trading Account is a crucial aspect of your trading strategy, particularly in the context of forex trading. As always, it’s recommended to do thorough research and consider seeking advice from financial advisors before engaging in cryptocurrency trading. It’s important to understand the market and use tools and strategies to manage your risk effectively. Please note that trading cryptocurrencies involves risk, just like any other form of investment.
Restricted Access
The lack of clear information on current spreads on their website can be a drawback for potential clients looking for transparency. This is particularly useful for beginners or traders testing new strategies. MT4 is one of the most widely used trading platforms globally. The wide variety of tradable assets ensures that ADSS appeals to traders with diverse interests and strategies.
These are designed to provide context for current events, such as central bank moves or major earnings announcements, helping traders apply what they’ve learned to real-world markets. The ADSS WebTrader platform offers a more simplified interface for traders who prefer a browser-based experience, with no software downloads required. Withdrawals carry a flat fee of $5, which is relatively low, but traders can rightly say that many brokers do not charge withdrawal fees at all.
For a regional broker that concentrates mostly on its area of origin, ADSS is considered safe. It has low barriers to entry, access to real assets, and excellent pricing on some assets such as crude oil. However, potential clients should weigh its strengths against its limitations before committing funds. For those based in the UAE or MENA region seeking a trustworthy broker with local expertise, ADSS is undoubtedly worth considering. Elite account holders receive additional benefits like dedicated relationship managers.