With the rise of brokers and financial institutions in the MENA region, some traders may find it difficult to select a broker to begin their trading journey. We have decided to provide comprehensive reviews on leading brokers in the region to help traders make an informed decision. Today, we will discuss ADS Securities, which is abbreviated to ADSS.
ADSS is a popular MENA broker that is headquartered in the UAE, and it has a strong management team and product offering. It has been expanding steadily since its conception over a decade ago, and today, it has an international clientele, as well as several awards under its belt.
In this ADSS review, we examine the following: fees and spreads, account types and funding, trading platform, product information, customer support, education, and regulations.
In a nutshell
ADSS is a broker that is headquartered in the UAE. It has offices abroad, most notably in the United Kingdom and in Hong Kong, where it is authorised by local financial authorities. ADSS caters to traders of all experience levels and types, including retail traders and corporate investors. They also offer prime brokerage services such as partnerships and affiliate programmes with institutional traders, hedge funds, retail banks, and other types of established corporations and individuals looking to expand their client base.
Fees and spreads
ADSS offers 0% commission trading, which means that traders do not have to pay any commission on any executed trades. Fee structures and spreads vary depending on the account type chosen and the instrument traded, as well as the size of the trade. Maximum leverage of 500:1 is available for all traders of all account types.
Account types and funding
ADSS offers three live account types and one demo account option. The three live account tiers are Classic, Elite, and Elite+.
Classic account holders have a minimum deposit of $100, with low spreads and maximum leverage access of 100:1. Elite account holders have a minimum deposit of $100,000, with 25% lower spreads, and all the same conditions as Classic account holders. However, Elite account holders are also assigned a dedicated senior manager, as well as granted access to +Elite events hosted by ADSS, which can be a great tool for networking. Finally, Elite+ accounts have a minimum deposit requirement of $250,000. On top of having the same benefits of Elite account holders, they also receive an extra sales trader assigned to them, and access to even lower spreads.
The registration process is relatively easy. UAE residents can sign up and verify identity documents with UAE Pass. Those outside the UAE can sign up manually and verify their account by supplementing updated identity documents. Account funding is flexible and fast, and it can be done via wire transfer or through online wallet transactions such as those on Neteller and Skrill.
Demo accounts can be created through registration on the ADSS website. There is no need to input credit card details when creating a demo account. Demo traders can access live spreads and $50,000 of virtual funds, and they can begin trading on the MT4 platform.
Trading platforms
ADSS provides two trading platforms – their bespoke solution and MT4. Both platforms offer comprehensive suites of charting tools, widgets, and indicators, and both have customisable interfaces. There is also the option to add third-party hardware and software, including the use of plugins, such as Autochartist, Expert Advisors, and VPS hosting (which is provided by the broker). The platforms are suitable for traders ranging from beginner to advanced experience levels, and traders can receive real-time updates and alerts by setting notification parameters.
Product information
ADSS provides a wide range of products. As a forex and CFD broker, it offers spot forex trading and forex CFDs on over 60 currency pairs. It also offers CFD trading on equities, commodities, indices, and cryptocurrencies. ADSS does offer access to global markets including the most popular ones in North America and Europe, but it also offers instruments from the GCC region, as well as other parts of the Asia Pacific region, including Hong Kong, Japanese, and Australian instruments.
Customer support
ADSS has 24/5 customer support for all retail traders, as well as extra support in the form of dedicated managers and sales traders for Elite and Elite+ account holders. The average connection time for traders is acceptable at around five minutes, and support is available in multiple languages.
Partners of ADSS receive 24/5 customer support, as well as other bonus features such as dedicated senior manager who can answer queries related to prime brokerage services. These managers can also offer help and guidance on setting up business accounts and how partners can expand their client portfolio and navigate client management tools.
Educational resources
ADSS provides educational resources in the form of webinars, video tutorials, and a content library of educational articles covering different topics, ranging from forex and commodity CFD trading to platform guides. There is also an Economic Calendar tool on the broker’s website, and there is a bilingual financial glossary in English and Arabic.
For those interested in market updates and analysis, ADSS provides frequent updates in the form of articles written by their own analysts as well as a plugin that features Dow Jones news on various markets, including FX, Crypto, Commodities, and Equities.
Regulations
ADSS has a high trust score around the Internet on several review websites, and there is a reason for that. As a MENA broker, it is headquartered in the UAE and has offices in the UK and Hong Kong. The broker is regulated and authorised internationally. In the UAE, it is authorised and regulated by the SCA, in the UK by the FCA, and in Hong Kong by the SFC. In terms of safety and licensing, ADSS has plenty of backing and is clearly low risk.
Final words
Overall, ADSS provides to be a strong broker that provides plenty of trading and investment services, covering the needs of retail and institutional traders alike. As a forex and CFD broker, there is plenty of product choice which can make portfolio diversification easy, and it has a straightforward account registration and funding process. Regulated internationally, it is considered a low-risk broker and is a reputable and reliable choice for those looking to start their trading journey or brokerage business.