ADSS Review 2024: Read Before You Trade

adss forex broker

In my research, ADSS showed high transparency in its regulatory status, listing its regulator in the footer of each page of the adss.com website. The website breaks down fees clearly on the Useful Market Information page. The About page provides in-depth coverage of the company background and management team – another positive signal. Traders can find the Terms of Business on the Legal and Regulatory information page. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.

Why is it important to know where your broker is regulated?

Watchlists can be pulled up from the menu on the left side and make it easy for traders to stay on top of their favorite trading instruments. However, the broker does not offer negative balance protection, so potential customers should do their due diligence. ADSS has the benefits of its authorization by the UAE SCA, along with its company’s size and experience. The company ensures the segregation of client funds but does not provide negative balance protection or a compensation scheme.

My Key Takeaways after Testing MetaTrader 4

adss forex broker

Collectively, customer reviews suggest that ADSS has a robust trading platform, noted for its stability and reliability. However, concerns have been raised, particularly by a Muslim user ADSS forex broker who encountered issues with unexpected swap fees on a no-swap account. While ADSS resolved the issue, the incident highlights the need for clearer communication about account conditions.

adss forex broker

Swap Fees

Yes, if ADSS operates within the UAE, it would typically need to hold a valid license from the relevant regulatory authorities in the country to conduct its financial services activities legally. ADS Securities places paramount importance on security measures to ensure the safety of its clients in the world of Forex and CFD trading. Regarding complex trading instruments like CFDs (Contracts for Differences), security is non-negotiable since it works under the Securities & Futures Commission (SFC) in Hong Kong.

ADSS Fees

  • Traders can also stay on top of the upcoming releases using the economic calendar on the website.
  • The broker schedules seminars and webinars occasionally, which can be a great way to learn from the experts.
  • ADSS products are offered to ordinary and professional investors and counterparties.
  • All in all, we consider ADSS to be a decent broker for anyone looking to trade a diverse selection of assets on either the familiar MT4 platform or on the broker’s own OREX platform.
  • The specific fees charged will depend on the account type you choose and the products you trade.

No information concerning processing times or minimum deposit and withdrawal amounts is published. Aside from general customer support, ADSS’ Sales Traders offer technical and market analysis and more. I did not find a live chat function, and the FAQ section provides limited answers. The management team is skilled and knowledgeable, it segregates client deposits from corporate funds. All in all, we consider ADSS to be a decent broker for anyone looking to trade a diverse selection of assets on either the familiar MT4 platform or on the broker’s own OREX platform. The broker is fully regulated by several reputable government regulators, which makes us feel comfortable that this broker is reliable and a solid choice for most traders.

With an intuitive interface, real-time market data, and advanced charting tools, Plus500 makes it easy for traders to make informed decisions. The broker also offers a free demo account, allowing new traders to practice and improve their skills without any financial risk. ADSS stands out as a globally recognized broker with a solid establishment and licensing from top-tier regulatory bodies, making it a reliable choice for traders. With competitive trading costs and a wide range of instruments, including Forex and CFDs, it provides ample opportunities for both novice and seasoned traders. The platform’s trading experience is further enhanced by the availability of the popular MT4 trading platform.

A customisable and intuitive user interface allows you to execute trades at market, or place pending orders. You can also place trailing stops, stop losses, and take profit orders, all of which are designed to minimise risk. ADSS ensures a seamless experience for both depositing funds into accounts and withdrawing them. There are no account maintenance fees charged by ADSS, making it more accessible for continuous trading. Moreover, ADSS uses the UAEPGS payment gateway, endorsed by the Central Bank of the UAE, ensuring secure and reliable financial transactions. These measures collectively establish ADSS as a secure harbor for traders’ investments and personal data.

These premium accounts come with the perk of 25% lower spreads and access to elite events, with the Pro account additionally offering spreads starting from 0 pips. Clients can access demo accounts for the ADSS platform and MetaTrader 4. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money. The Autochartist plugin for MetaTrader 4 provides traders with one intuitive interface displaying all Autochartist features – customised to your MT4 trading environment. This is an excellent software tool that constantly scans the markets looking for trading opportunities.

ADSS ensures exceptional customer support with its dedicated team available 24/5 via chat, email, and phone. Whether traders need assistance with platform navigation or have complex trading queries, the support team is ready to provide swift resolution and guidance. Notably, ADSS is the only broker in the GCC/MENA region offering dedicated Sales Traders to clients, further enhancing the personalized support experience. ADSS also provides a unique opportunity to trade in major Emirati company stocks listed on the Abu Dhabi Securities Exchange (ADX). But as one of the most popular trading platforms in the world and the only one offered by many forex brokers, I have spent a lot of time testing it.

If that is something you are looking for in a broker then you may wish to have a look at Axi instead. With the research team, take a deep dive into significant impending world events. These reports include crucial central bank meetings, major elections, and other significant economic events.

Like other regulated forex brokers, this platform is also strongly committed to regulatory compliance, contributing to its high industry ranking and reputation. Traders can have confidence in the integrity of ADSS’s operations, knowing that they are trading with a broker that complies with the rules and regulations of multiple regulatory bodies. ADSS serves a worldwide audience, improving accessibility and communication for users globally. It offers customer service in many languages and trading on their MT4 platform in 22 languages. Deposits are free of internal charges, but ADSS levies a minimum withdrawal fee of $5.

With ADSS’s comprehensive learning resources, traders have access to the knowledge and tools needed to navigate the markets confidently and effectively. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.

Additionally, the provision of a dedicated manager to all traders enhances the personalized support experience. The platform provides enhanced trading experience to clients, with comprehensive, https://forexarena.net/ customisable, yet simple charting features enabling easy research into an instrument. For more experienced traders, the Elite and Pro accounts require a significant deposit of $100,000.

I think this is an important thing to consider for those of you who are new to trading and looking to build your confidence without the risk. They provide a full-featured low-latency FIX API for pricing and trading, as well as 24/5 assistance from a team of professionals utilising FIX API. If you are in the market for an API solution, Global Prime are also worth consideration. ADS Securities stands out as a highly versatile broker with an extensive array of trading instruments.

Beneath the chart and order ticket is the open positions panel that enables traders to view the profits and losses of their open trades in real time. You can trade commodities, including gold, coffee and natural gas, which are a popular choice when you’re looking to unlock new opportunities. These are written articles that analyse a wide variety of stocks, forex, indices, commodities, etc using charts, price action, history, indicators and other analytical tools. I had a browse through and was actually able to get some inspiration for some trade ideas that I may have otherwise overlooked. ADSS cannot accept clients from some countries due to regulatory restrictions. If your country is not accepted for any reason, please feel free to take a look at our broker comparison tool for some alternative options.

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