ADSS Review 2024: Read Before You Trade

They come preloaded with $50,000 in virtual currency and enable you to test the different trading platforms and their trading strategies before opening a real live trading account. 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. No, ADSS is a private trading platform and a popular trading broker option among similar online brokers. They leverage the client’s experience by allowing them to trade on instruments like Forex and CFDs. ADSS offers a wide range of assets to trade, including forex, equities, indices, commodities, and options.

ADSS Demo Account

Advantages include a physical presence in Abu Dhabi, customer support in Arabic, access to CFDs on Middle Eastern shares, and the UAEPGS payment method. Abu Dhabi-based ADSS was founded in 2010 and has emerged as a leading forex and CFD broker in the MENA (Middle East and North Africa) region. I was impressed by the intuitive ADSS platform, strong educational resources, and excellent range of tradable instruments. Above all, the ranking and reviews of the ADSS broker attest to its standing in the industry, boosting confidence in the reliability of its demo account.

• Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Classic account.
• After ADSS sends an e-mail with the login details, traders can use the MT4 demo registration to open a customized demo account.
• This verification procedure typically involves submitting certain documents such as proof of identity and proof of address.
• ADSS and AvaTrade are both notable players in the world of online Forex and CFD trading.
• ADS Securities ensures that clients have a smooth experience not only when trading but also when it comes to managing their finances on the platform.
• Swap fees (the cost of holding a position overnight) were average at ADSS.

Is ADSS the Right Broker for You?

It is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and the Securities and Futures Commission (SFC) in Hong Kong. They also have a long history of providing reliable and transparent client services. Their multilingual customer support team is available 24/5 through phone, live chat, email, and even social media, ensuring you can reach them anytime, anywhere. ADSS offers over 35 tools, such as economic calendars, forex indicators, and technical analysis tools.

Tradable Instruments

Note that the platform may require additional documents such as an ID and Proof of Address to fulfill Know Your Customer (KYC) requirements. Traders should also consider overnight fees or swaps as part of their trading costs, particularly if they intend to hold open positions for more than a day. Additionally, other fees may be incurred, such ADSS forex broker as funding fees, which should be factored into the total cost of trading. ADSS has multiple advantages that distinguish it in the crowded brokerage market. The platform’s operations are supervised by the Securities and Commodities Authority (SCA) and the FCA, which guarantees adherence to international standards of operation and transparency.

What type of broker is ADSS?

ADSS offers the MetaTrader 4 mobile app for mobile trading, which is available for Android and iOS. The app offers popular features such as alerts, 1-click trading, and trading from the chart. ADSS has the benefits of its authorization by the UAE SCA, along with its company’s size and experience.

Is ADSS a Good Broker?

To change the language of the MT4 app, you must change the language for your entire phone. As with the desktop and web platforms, the interface is not highly intuitive, but the MT4 app offers an above-average range of features. ADSS is dedicated to providing a comprehensive range of educational resources for traders in CFDS and Forex.

The steep learning curve of mastering the platform makes it more suited to experienced traders than beginners. The MetaTrader 4 desktop platform is one of the most feature-rich and popular trading platforms. It does not have a slick interface and requires some time and effort to learn, but that is typical of advanced platforms. Once all of the above has been done, the applicant is free to fund their account with the minimum deposit amount or as much as they wish using the available deposit methods.

Traders should also consider potential third-party payment processing costs. I like the 10-article written introduction on trading at ADSS, where beginners get quality, well-written content. I recommend first-time traders start there and then move on to the 10-video course. ADSS also published eleven platform guides, and it maintains an overall good educational section. Useful guides include The Beginner’s Guide to Charts in Trading which covers different chart types and popular chart patterns and how to trade them. Advanced topics delve into specific strategies, for example, Top 3 Scalping Strategies for Intraday Traders.

Investors seeking access to government and corporate bonds can also turn to ADSS, which offers trading in various treasuries, allowing for more diversified and risk-managed portfolios. Commodity trading is another significant feature, with ADSS providing the opportunity to trade in various commodities such as oil, gold, and more. This is particularly useful for those who wish to hedge against market volatility or diversify their portfolio.

ADSS ensures a seamless experience for both depositing funds into accounts and withdrawing them. Traders can enjoy the convenience and advanced features of desktop trading apps offered by ADSS, ensuring efficient trading from desktop computers. 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.

By enabling users to make knowledgeable investing decisions, these tools enhance traders’ ability to trade strategically and intelligently. However, the total time it takes for the funds to reach your account may vary depending on the withdrawal method used. Note that there is a commission of $15 charged for each withdrawal, and additional fees may apply depending on the chosen withdrawal method. Lastly, recognizing the importance and growing influence of digital assets, ADSS also provides the option to trade in various cryptocurrencies. This widens the scope for traders to participate in one of the most dynamic and rapidly growing markets. Included in this vast suite of trading instruments are Contract for Differences (CFDs) across more than 60 Forex pairs.

This account is credited with a virtual fund of US$50,000, allowing traders to practice and refine their strategies without any financial risk. It can also be used by experienced traders wishing to evaluate ADS Securities’ services or to test their trading strategies in a simulated live trading environment. ADSS ensures a user-friendly and efficient trading experience by offering its services through the globally popular MetaTrader 4 terminal. This platform is renowned for its user-friendly interface, advanced technical analysis tools, and automation capabilities, which enhance the trading experience significantly.

Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Flexible account types and the choice of https://forexarena.net/ trading platforms allow ADSS to accommodate different client profiles, from discretionary traders to those using automated trading strategies. ADSS is a regulated brokerage firm providing industry leading trading conditions to retail and institutional traders.

ADSS also provides smooth deposits and withdrawals streamline the trading process, while clients have commented positively on its commitment to security and reliability instills confidence in clients. Both Elite and Pro account holders benefit from dedicated senior management and sales traders, enhancing the trading experience with personalized support. This tiered approach allows ADSS to meet the needs of casual traders just starting out, as well as seasoned professionals seeking a more bespoke trading environment.