Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. A few drawbacks include the lack of copy trading and VPS hosting, and the fact that USD is the only available base currency. ADSS is a financial institution based in the UAE, operating since 2011 under the regulation of the Securities and Commodities Authority (SCA). ADSS provides decent market research, blending in-house content with content from third-party providers. Essentially, the broker lends the trader money so that they can open bigger positions.
Mobile Trading Apps
Registration involves filling out personal, residential, financial, and trading background info. Yes, ADSS provides Islamic account options across all account types, allowing swap-free trading in compliance with Sharia law. The minimum deposit for a Classic Account is $100. ADSS has received multiple industry awards recognising its innovation, customer service and regional leadership in the financial brokerage sector.
The default expiration of the ADSS demo account is 60 days. The market information sheet showed 8 more commodities, 6 bonds, 17 indices, and 10 futures contracts. Depending on the trading strategy, it may become the most significant fee per trade. The most ignored trading costs are swap rates on leveraged overnight positions. Traders with deposits exceeding $250,000 get a cost structure starting at 0.7 pips. Which MENA broker is perfect for you will depend on your client needs, so read on to find out more.
ADSS offers a few additional trading tools, including an Economic Calendar and Autochartist. Note that other methods may be available, but these methods are not available to view (nor the fees involved) until you have opened a live account and logged in. Deposits for all payment methods are free, although clients will have to absorb the fees charged by their various banking institutions. ADSS’s flagship OREX web platform has a greater product range compared to its MT4 platform offering and is simple, minimalistic, and generally easy to navigate.
Trading Fees
The ADSS trading platform mobile app is available in Arabic, with the Arabic desktop version coming soon. It is also the most versatile trading platform, with 25,000+ custom indicators, plugins, and EAs. Besides one-click charting features, it has an advanced drop-down deal ticket for precision order entries, and the intuitive trading interface is fully customizable. I want to caution beginner traders when using demo trading as an educational tool, and they should consider the limitations. After ADSS sends an e-mail with the login details, traders can use the MT4 demo registration to open a customized demo account.
- We’ve tested hundreds of Forex brokers to find the safest, low-cost, and reliable brokers.
- This dual approach ensures that traders receive both strategic overviews and real-time technical analysis.
- A proprietary platform with a user-friendly interface, advanced charting, and integrated market research.
- It is difficult to find any advantages with ADSS’s accounts, either for experienced or beginner traders.
- Traders can enjoy the convenience and advanced features of desktop trading apps offered by ADSS, ensuring efficient trading from desktop computers.
Seasonal promotions are time-limited, encouraging traders to engage actively and take advantage of the enhanced offers. These promotions may include holiday bonuses, trading contests, and cashback rewards, providing traders with opportunities to earn extra rewards based on their trading activity during ADSS forex broker specific periods. ADSS hosts seasonal promotions that coincide with major holidays, trading events, and market milestones.
ADSS provides its own WebTrader platform, designed with fully integrated market research. Unlike other platforms like MT4, this feature helps the user make informed trading decisions in an instant. On top of that, ADSS does not offer free Virtual Private Server (VPS) hosting, a key tool for low-latency trading that many high-frequency traders rely on.
Fees
New traders can take advantage of ADSS’s generous Welcome Bonus, which provides a percentage bonus on their initial deposit. ADSS prioritizes transparency, and all applicable fees are clearly outlined on its website, ensuring traders are fully informed about any costs before making transactions. However, potential withdrawal fees may apply depending on the withdrawal method chosen, which will be detailed in a separate section. For example, the EUR/USD spread can be as low as 0.5 pips on the VIP account, providing significant cost advantages for frequent traders.
ADSS Risk Statement
They provide a wide range of educational resources to enhance the trading skills and market knowledge of their clients, catering to all experience levels. ADSS frequently updates its deposit bonus offers to align with market trends and trader needs, providing ongoing opportunities for enhanced trading capacity. While spreads are slightly wider on Standard accounts, they remain highly competitive, making ADSS an appealing choice for traders of all levels.
Ideal for traders based in the UAE, it offers advantages like the exclusive ADSS Insights Terminal and UAEPGS for secure payments. Any financial decisions you make are your sole responsibility, and reliance on any site information is at your own risk. ADSS also caters to different trader preferences by providing multiple trading platforms, including their proprietary Web Trader, the industry-standard MT4, and a user-friendly mobile app. This extensive offering allows traders to diversify their portfolios and take advantage of various market opportunities.
- Under such accounts, no overnight interest or swaps are charged on eligible FX or metals trades, though spreads may be wider or there may be additional conditions.
- Better learning materials can certainly be found at other brokers.
- There is no information available about fees related to guaranteed stop orders, indicating that ADSS may not offer this feature.
- ADSS also caters to different trader preferences by providing multiple trading platforms, including their proprietary Web Trader, the industry-standard MT4, and a user-friendly mobile app.
- Risk DisclaimersThis site provides information on cryptocurrencies, CFDs, and various financial instruments, along with details about brokers and trading platforms.
- Explore the best Forex brokers for beginners, with user-friendly platforms, educational resources, and demo accounts.
According to the statistics of all exchanges and brokers, more than 75% of people lose! Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Any transactions that you enter into with any third party listed in this page or linked from this page are solely between you and such third party and are at your sole risk. Traders can rely on prompt and efficient assistance from knowledgeable professionals, ensuring a seamless trading journey. ADSS ensures exceptional customer support with its dedicated team available 24/5 via chat, email, and phone.
Available Features
Trading costs are mixed, but my live testing showed that crude oil spreads are among the lowest in the industry, making ADSS a strong pick for commodity traders. For traders in ADSS’s permitted jurisdictions who are comfortable managing leveraged exposures, ADSS offers a compelling package. Support aims to address account queries, technical assistance, funding issues, and execution or platform questions. In addition to standard charting tools, ADSS may offer enhanced analytics, trading signals, or built-in screens to aid strategy development and market discovery. The content is designed to inform traders of macro events, trend drivers, and market outlooks.
The platform also includes a built-in strategy tester, enabling traders to fine-tune their algorithms before going live. While ADSS’s spreads are mostly varied, commodity traders can take advantage of its rock-bottom crude oil spreads. The content comprises featured trading ideas, detailed market breakdowns, a news screener, and more. ADSS platform is a decent tool for spotting intraday trading setups. When reviewing a broker, we assess if it suits different trading strategies and trader profiles.
Is ADSS suitable for spread betting?
Elite account holders receive additional benefits like dedicated relationship managers. Support is available 24/5 during trading hours. ADSS provides customer support via live chat, email, phone calls, and ticketing systems. These regulatory frameworks ensure that ADSS adheres to high standards of financial transparency and client fund protection. This is particularly useful for beginners or traders testing new strategies.
Elite Account
Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. However, unlike many other brokers, it does not offer any VPS hosting services, copy trading platforms, or PAMM/MAM accounts. ADSS Classic account has a minimum deposit of 500 USD, spreads start at 1.60 pips on the EUR/USD and no commissions are charged for Forex trading. Most brokerages will offer an average spread of 1 pip (EUR/USD) and a minimum deposit of 100 USD or less on their entry-level accounts.
ADSS offers variable spreads that differ based on the account type and the financial instrument being traded. Unlike many other brokers, ADSS does not impose any non-trading fees, including withdrawal or inactivity charges. The platform is designed to process all transactions securely and efficiently, giving traders peace of mind when moving money in and out of their accounts. The VIP account offers a maximum bonus of $5,000, with a margin call set at 30%, a stop-out level at 20%, and a hedge margin of 25%, giving traders optimal flexibility and risk management.
It equips traders with essential tools and configurations to analyze price action and spot trading opportunities. ADSS platform is available on Windows and Mac and supports 52 languages, including English, French, Spanish, German, Arabic, Chinese, and more. These can be adjusted by points, amount, or percentage, giving traders more control over their risk exposure.
Mobile Trading Platforms
This company has received mixed reviews from its clients and traders on popular and reputable platforms, including ADSS Trustpilot and ForexPeaceArmy. ADSS provides traders with a broad selection of markets, covering Forex, Commodities, Indices, Equities, and Cryptocurrencies. Based on our investigations on ADSS’s website and platforms, currently, the brokerdoes not directly provide any options for copy trading or other services. The broker does not charge internal withdrawal fees, though external bank or provider costs may apply. The broker does apply an inactivity fee of $15 per month after 90 days of no trading activity, which is a standard policy across the industry to cover account maintenance. ADSS offers a varied fee structure across its instruments, with spreads and commissions depending on the chosen account type.