ADSS (ADS Securities LC) is a leading MENA-based broker that provides forex, CFDs, and spread betting services to their global clients. It has a solid reputation and extensive product offerings, leading the broker to become a popular choice among traders looking to participate in global markets. In this ADSS review, we will look at their services, products, and support. If you are planning on working with this broker, be sure to check out the below before creating an account.
What services does ADSS provide?
ADSS provides a range of trading and investment services for those who sign up to work with them.
Funding and withdrawal
The good thing about ADSS is the relative ease in funding that the broker’s clients are afforded. Traders can fund and withdraw from their account using a variety of methods, including UAEPGS, Visa, Mastercard, Skrill, and Neteller. Funding can take place entirely online for Prime accounts through a secure payment gateway.
Deposits can be made in SD and AED currencies. The broker also takes extra steps to protect the integrity of their clients’ transactions by converting AED deposits into USD before crediting to USD trading accounts. This promotes transparency, and the broker must have approval before taking this step.
However, traders with ADSS should note that when converting currencies, they are responsible for the conversion fees applied by their bank if they do not deposit payments in USD/AED. For added safety, ADSS does not accept third party credit cards either, andaccounts must be cleared before the client makes a withdrawal.
What products does ADSS offer?
ADSS offers the key markets for those who are eager to trade with a diversified portfolio. They offer access to the forex, commodities, stock, index, and crypto markets, and they offer trading in the form of traditional currency trading, CFD trading, and spread betting.
Indices
ADSS offers index trading through CFDs. This includes the most popular indices around the world, such as the German DAX, the American Dow Jones, S&P 500, and the Nasdaq, as well as the British FTSE, and much more.
Traders can take advantage of tight spreads and a professional platform. For those looking to diversify their portfolio, they can buy and sell CFDs on other indices such as the Nikkei 224, the Hang Seng Index, the Australia 200, and more.
Traders are welcome to use leverage of up to 333:1 on major indices and trades are executed commission-free, which is a huge draw for traders who wish to cut down on trading fees.
Forex
When it comes to forex trading, ADSS offers trading in the forex market as well as trading forex CFDs. The broker guarantees on their website that there are no hidden fees in trading, and trades can be placed on their intuitive and professional platform.
60 currency pairs are offered. They include major pairs like the EUR/USD and GBP/USD as well as minor pairs like the NZD/CHF and the NZD/JPY. Exotics are also offered, such as EUR/TRY.
Traders are welcome to trade with leverage of up to 500:1 on major FX pairs, and they can access tight spreads and low latency in execution.
Equities
At ADSS, traders can participate in the stock market by trading volatility and CFDs on stocks such as Tesla, Apple, and Amazon – some of the largest names in the business across the globe. Traders can access competitive spreads on shares worldwide, including US, UK, German, Saudi and other European, Asian, and Middle Eastern equities.
Traders can access leverage of up to 20:1 on certain stocks, and they can use intuitive charting tools on the ADSS trading platform.
Cryptocurrencies
Traders can likewise trade cryptocurrency CFDs at ADSS. The broker offers the world’s leading cryptocurrencies like Bitcoin, Ether, Litecoin, and Bitcoin Cash. Trading hours range from 22:00 Sunday to 20:59 Friday, with tick size at 1 point. Leverage varies, with Bitcoin leverage offered up to 4:1. Other cryptocurrencies can be traded on leverage with CFDs of up to 2:1.
When it comes to crypto trading, ADSS offers standard services with a wide variety of instruments, easy trade execution on their platform, transparent pricing, and flexible 24/5 trading hours. One thing that stands out is the fast account funding with UAEPGS offered to clients, which makes the broker stand out as they cater to the participants of the fast-paced, volatile cryptocurrency market.
Commodities
Finally, traders with ADSS can take advantage of the broker’s commodity offerings. They can choose from CFDs on spot commodities, futures, and commodity-linked funds such as ETFs. The broker advertises 0% commission on trades as the commodities (ranging from metals, oil, and agricultural products) are traded per whole tick movement. This is a simple way for those who want to diversify their portfolios with commodities, as this type of trading is simpler to navigate than trading with commodity futures.
How is the support at ADSS?
ADSS provides 24/5 one-on-one support for their clients in a few ways: users can fill in a form on their website, email their support team, or phone them.
ADSS – licensing and regulations
ADSS operates globally, and it has the license to carry out global trade activities. Incorporated under UAE law, the company is registered with the Department of Economic Department of Abu Dhabi and has its headquarters based locally. The broker is also regulated and authorised by the Securities and Commodities Authority (SCA) in the UAE.
Bottom line
At the end of the day, given what we know about the broker, we can confidently recommend their services to clients who are looking to trade forex and CFDs and spread bet. The broker offers a range of instruments, ranging from the most popular equities and indices on which to speculate. They also offer strong customer support 24/5. In terms of compliance and licensing, the broker is regulated and licensed to operate in the UAE and abroad. Traders can find peace of mind after depositing funds into the ADSS account due to its robust security system.
Disclaimer: This content does not necessarily represent the views of IWB.