As it becomes more and more accessible for traders to access the financial markets, plenty of online brokers have cropped up over the years. One such broker is ADSS, which is an award-winning GCC-based brokerage firm that offers a plethora of markets and instruments for traders to take advantage of, as well as highly competitive spreads and no commissions on any trades. In this broker review, we take a look at ADSS’ background, what its bespoke trading platform provides, and its trading accounts offered. Keep reading below to learn more about it.
ADSS’ background
ADSS provides traders with the highest quality investment opportunities and the most rewarding trading experience. This is through their multi-asset trading technology, a personalised view of the markets, access to liquidity and instruments, and support from their experienced team of financial specialists.
ADSS prides itself on being the only brokerage firm headquartered in the GCC region. This means they operate in the Middle East, as well as in the UK. As such, ADSS is regulated by the SCA in the UAE, and the FCA in the UK. As they consider themselves to be a highly responsible broker, they remain committed to offering traders a highly transparent, fair, and competitive trading environment.
ADSS’ trading platform
ADSS provides two different trading platforms for traders to access the financial markets. The first is their own bespoke trading platform. This platform aims to provide a seamless trading experience on both mobile and desktop devices. It has highly competitive spreads and no commission for any trade executions. As ADSS is a MENA-based brokerage firm, this means traders can access not only global markets and asset classes but also GCC regional ones, letting them expand their portfolio with the broker’s extensive product range.
Charting
With comprehensive, customisable yet simple charting, ADSS enables traders to easily research an instrument they are interested in, so they can make better-informed trading decisions in the long run. The platform also allows users to add indicators or change the chart type at the touch of a button to suit their trading preferences.
Tools
Smart features provided by ADSS’ bespoke trading platform such as asset class filters and watchlists enable traders quick access to all of their favourite markets while making it extremely easy to discover new ones. This way, traders can stay in control with advanced deal ticket drop-downs for precision order entry.
Experience
Traders can decide how they want to trade with a seamless experience across both desktop and mobile devices. The powerful platform enables traders to switch between devices without compromising on both functionality and speed.
Interface
ADSS’s bespoke platform provides a very intuitive and dynamic interface that makes it easy for users to move around and find exactly what they need. They can customise their view to best suit their requirements, and effortlessly move from analysis to trade whatever they need in only a few clicks away.
MT4
MetaTrader 4 (MT4) is a popular online trading platform that is commonly associated with forex traders, although it can be used by other types of traders as well. It is highly customisable, which means it can be used to automate trading with algorithms that open and close trades according to set parameters. For traders who are more familiar with this particular platform, ADSS also offers it as an alternative to using their bespoke trading platform.
Here, MT4 delivers impressive charting capabilities and quick trading execution, making it one of the world’s most innovative platforms. For instance, with MT4’s desktop version, traders can utilise research and educational tools, so they can make better informed decisions when making a trade. For MT4’s mobile version, traders have the ability to trade in 39 different languages on both Android and Apple phones, they can use trading signals to help them trade, and they also get the latest headlines via ADSS’ live newsfeeds so they can always keep up with what is currently happening in the market.
Traders who are looking to use a demo account before accessing the live marketscan do so through MT4 with ADSS. The demo account is entirely free to use, so long as one registers an account with the broker. As trading takes place in a simulated environment, trades are also risk-free. That said, traders cannot make any monetary gains when paper trading in a demo account.
ADSS’ trading accounts
ADSS offers different types of trading accounts for traders to get started. This means whether one is new to trading or a seasoned professional, the broker’s trading accounts suit all needs and experience levels. You can learn more about their features below.
Classic
- $100 minimum initial deposit
- Competitive market spreads
- 500:1 maximum leverage
- 24/5 customer support
- Training courses and educational materials
Elite
- $100,000 minimum initial deposit
- 25% lower spreads
- 500:1 maximum leverage
- A dedicated senior account manager
- +Elite events
- Multi-base currency
Elite +
- $250,000 minimum initial deposit
- Ultra-low spreads
- 500:1 maximum leverage
- A dedicated senior account manager and sales trader
- + Elite events
- Multi-base currency
Depositing and withdrawing funds
Traders will be pleased to know that ADSS offers various options when it comes to depositing and withdrawing funds. For instance, traders can fund their trading accounts using bank wire transfers, credit cards, online bank transfers, as well as other newer digital payment platforms like Neteller, Skrill, Cash U, and even Samsung and Apple Pay. ADSS is also the only brokerage in the UAE to offer funding via UAEPGS. This is the transfer payment gateway from the Central Bank of the UAE that lets funds be processed extremely quickly. Traders can request to withdraw funds via the exact same options listed above.
Bottom line
Overall, ADSS shows itself to have plenty of features for traders of all stripes to take advantage of. These include having various types of live trading accounts, which suit all traders regardless of their experience levels. Traders also have the option of picking between MT4 and ADSS’ bespoke trading platform depending on their preferences. Moreover, ADSS provides plenty of ways for traders to withdraw and fund their accounts – in addition to traditional methods like bank wire transfers and credit cards, they offer newer digital payment platform methods like Cash U, Samsung Pay and Apple Pay. Traders who are residents of the UAEeven have the option of using UAEPGS, making it extremely convenient.
