ADSS Review
ADSS goes above and beyond typical online brokers by providing additional MetaTrader 4 add-ons, and it provides forex traders with over 1000 trading pairs, as well as the OREX platform suite, which serves as a suitable foundation for the firm's retail trading platform. Because of the Premium-style account features and associated benefits, the broker can be a great choice for both frequent fx traders and those with considerable holdings, such as experienced day traders and institutional customers. Please keep in mind that the alternatives for creating an account may be limited based on your location.
ADSS stands for Abu Dhabi Securities Source and is an online CFDs and forex broker that can cater for both individual and corporate clients. The broker was established in 2011 in UAE and is authorised and regulated by FSRA, SFC, and FCA.
ADSS offers a solid product portfolio of over 1,000 tradeable assets from various asset classes such as CFDs on forex, commodities, indices, stocks, and cryptocurrencies. In addition, the broker provides investing and auto trading opportunities. Moreover, the broker provides the most well-known trading platform among traders: MT4 and its proprietary OREX trading platform.
Traders at ADSS can trade without any commission fee while bearing minimal spreads. In addition, the broker offers useful educational and research resources covering courses, videos, market analysis, and the excellent Autochartist software.
ADSS is a regulated financial broker and offers over 1,000 trading instruments. The broker offers demo accounts as well as Islamic accounts. In addition, ADSS offers tight spreads and commission-free trading. The broker has its proprietary OREX trading platform as well as the industry standard MT4 trading platforms for all of your devices. Moreover, the broker keeps its clients’ funds in separate accounts.
On the other hand, the broker does not offer bank transfers and crypto payments. Moreover, there are no zero spread accounts available. ADSS is not listed as a public company and has no banking licence. In addition, the broker has a $100 minimum deposit requirement which is not the lowest you will find.
ADSS provides over 1,000 tradeable securities from various asset classes, including CFDs on forex, commodities, stocks, indices, treasuries, and cryptocurrencies. However, ADSS does not offer options, bonds, and ETFs. If you are looking to trade those instruments then you might want to consider AvaTrade instead.
ADSS Instruments Summary
| Instruments | ADSS |
|---|---|
| Forex | ✓ |
| Stocks | ✓ |
| Indices | ✓ |
| Commodities | ✓ |
| Cryptos | ✓ |
| Options | x |
| Bonds | x |
| ETFs | x |
| CFDs | ✓ |
Commission and Spread Fees
ADSS provides commission-free trading on all accounts. However, there are no zero spreads accounts consequently. The broker offers spreads starting from 1.1 pip which are not the lowest I have seen. However, as there is no commission fee, the overall cost still works out quite reasonable. If you are looking for zero pip spreads with a small commission fee, you could consider FXDD as alternative option.
| Fee | Classic | Elite |
|---|---|---|
| Commission (per standard lot per side) | $0 | $0 |
| Spreads from | 1.3 | 1.1 |
Deposit and Withdrawal Fees
ADSS does not charge any deposit or withdrawal fee for using any available payment option. However, there are only 2 account base currencies: USD and AED. Therefore, the payment service will charge any conversion charges for any transaction.
Inactivity Fees
ADSS does not charge an inactivity fee from dormant accounts. However, the broker can close an account without prior warning in case of ambiguity.
ADSS offers two trading platforms to suit the needs of all levels of traders. The broker offers the most simple and popular MetaTrader 4 and a proprietary OREX trading platform in various environments. In addition, the broker also provides FIX API for institutional traders. I think it would be great if they also started supporting the newer MT5 platform which you can get via many other brokers including Eightcap.
MetaTrader 4 (MT4)
MT4 is an trading platform that has been adopted by the majority of CFD brokers and is used by millions of forex and CFD traders around the globe. The MT4 platform is a sophisticated and adaptable platform that combines a plethora of features with support for extensions apps and automated trading. ADSS provides MT4 as a downloadable desktop programme for Windows, as well as iOS and Android applications.
Here are a few of the MT4’s main features:
- It shows real-time charts and quotations for all trading assets.
- There are many order kinds for placing trades, such as market and pending orders.
- Account statements and balances are updated in real-time as trades are executed.
- Charting on three different chart types and nine different periods.
- The MT4 comes equipped with about 30 indicators and 24 drawing tools.
- Supports trade automation using Expert Advisors (EAs), which may be created using the MQL editor.
- The ‘Market’ option provides access to the MQL5 market, where traders may purchase plugin programmes to add extra indicators, trading tools, or EAs to their MT4 platform.
- Notify customers of price alerts by email, SMS, or platform pop-ups.
OREX Trading Platform
This is an ADSS-developed proprietary trading platform. It is web-based, which means it can be accessed using most current web browsers without the need for any additional downloads or installs. The platform is simple to use and works with all operating systems. It is also accessible as mobile trading apps for iOS and Android devices, which may be downloaded free of charge from the relevant app stores. OREX is appropriate for market monitoring and analysis, placing trades, and keeping up with market news updates.
The OREX mobile app is great for tracking markets, reading news, and trading online while on the go. The trading software is simple to use and connects quickly with no latency. All asset quotations are available in real-time. All instruments can be presented on several charts with varying periods. Indicators and sketching tools are used in technical analysis. Trading accounts may be financed conveniently from directly within the app.
Here are some of the platform’s features.
- The platform offers real-time quotations for all instruments.
- The platform allows you to deposit funds into your trading account.
- There are over 30 analytical object tools.
- There are 7 chart styles that may be shown in 9 different periods.
- There are over 110 technical indicators accessible, including the most popular ones such as MACD, Bollinger bands, moving averages, and so on.
- The platform’s news stream is often refreshed. When you click on a news headline, the whole story appears.
- Limit orders, OCO orders, and Stop orders are among the order types offered.
FIX API
FIX API is an electronic standard for exchanging financial data. ADSS employs a variety of FIX API services throughout trading platforms; the team draws on their significant expertise dealing with Tier 1 banks to develop a solution that meets your specific requirements. 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.
Auto Trading
Different auto trading tools provide a unique trading environment. Traders can try one of them and get the benefits of being able to “mirror” the trades of other traders. ADSS strives to give you all of the resources you need to trade. Various auto trading solutions enable you to trade by “mirroring” the trades of some professional traders. Whilst this can be a good solution for those of you who are looking to take a more hands-off approach, there can be no guarantee on performance. If you are looking for a copy trading solution, eToro are the industry leading social trading platform.
ADSS Platforms Summary
| Platform | ADSS |
|---|---|
| MetaTrader 4 (MT4) | ✓ |
| MetaTrader 5 (MT5) | x |
| cTrader | x |
| Proprietary | ✓ |
| Desktop | ✓ |
| Web | ✓ |
| Mobile | ✓ |
| Social Trading | ✓ |
| Other | x |
ADSS holds lectures and webinars on a regular basis. Typically, the lectures are conducted in Abu Dhabi or Dubai. The website includes a financial lexicon with over 300 trade terminologies and their thorough definitions. This is vital for new traders who may need some time to become acquainted with trading jargon. There is a handy FAQ page dedicated to questions and answers. The questions are divided into three categories: ADSS, trading account information, and trading fundamentals. This section seeks to answer the majority of the common queries given by potential clients or new traders.
There and two main sections on the broker’s website:
1: Learn
eBooks
Do you want to offer your trading approach a competitive advantage? The latest booklet from the ADSS research team explains how educational and research tools may help you make educated market judgments.
Webinars
ADSS offers a variety of specialised webinars to meet all levels of competence, from beginners to seasoned traders. Why not join one of the webinars and ask one of your queries to the experts? There is no such thing as a too-big or too-small query. You may also chat with one of the account managers about creating an ADSS account.
Seminars
ADSS’s seminars are well-known for delivering specialised advice to traders of all levels of skill. The subjects vary from how to trade on margin to how to get the most out of your ADSS account and cover everything you need to be a successful trader.
Video Library
With this 10-part video course for beginning investors, you can learn about trading subjects and more.
Glossary
The financial dictionary can assist you in learning market terms.
FAQs
ADSS recognises that navigating the markets may be difficult. That’s why they’ve put up this handy guide to answering some of the questions you might have along the way. Do you understand CFDs and pips? Can you, on the other hand, compute margin and leverage? If not, you can learn all you need to know right here. Whether you want to learn more about ADSS or some trading fundamentals, you’ll find the answers to some of your questions.
One-on-one Coaching
Open an Elite trading account with ADSS, and you’ll be able to attend free, private workshops at the broker’s Abu Dhabi headquarters or from the comfort of your own home via screen sharing, where you’ll receive training from one of the industry experts that could give your trading strategy a competitive advantage. Learn how to make educated trading decisions by analysing trade charts, historical market patterns, and the most recent news headlines. Learn how to make trading decisions based on current market circumstances while minimising financial risk while placing a trade.
2: Analysis
Market Briefings
Access regular market updates, which cover major events, reports, economic data, and forecasts.
Economic Calendar
Use Economic Calendar to plan for global news events that may cause market volatility or provide interesting trading opportunities. Every time you trade, you can double check the calendar to make sure you do not get caught on the wrong side of the news.
Earnings Calendar
The Earnings Calendar displays the dividends paid out by a wide range of corporations. You can filter between nations and be careful to investigate those that may have an impact on your trading activities.
Autochartist
Keeping track of market price movements and uncovering fresh trading opportunities doesn’t have to be difficult. The excellent Autochartist tool handles the legwork for you. It cuts through the noise and allows you to filter all pricing levels and trends, ensuring you have the information you need to keep on top of market developments. I am a huge fan of this tool and how it can find customised trading signals. It can even send you alert notifications when there is a valid setup which can save you from hours of chart watching.
Analysts’ Pick
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.
Technical Analysis
These are written articles that use charts, price movement, history, indicators, and other analytical tools to examine a wide range of stocks, FX, indices, commodities, and so on.
ADSS Research and Education Summary
| Resources | ADSS |
|---|---|
| Market Analysis | ✓ |
| Guides | ✓ |
| Videos | ✓ |
| Webinars | ✓ |
| Autochartist | ✓ |
| Trading Central | x |
| Economic Calendar | ✓ |
| Other | x |
All deposits must originate from the same ADSS client’s account. There are no third-party deposits or cash deposits. Before requesting a withdrawal, all clients must complete their verifications. Third-party payment processors may levy extra charges. Credit and debit cards are accepted for deposits and withdrawals. Card deposits are quickly processed. The required minimum deposit is $100 which is not the lowest. Some brokers such as TD365 let you get started with just $1. The broker has some e-wallet payment methods acceptable for both deposits and withdrawals. Deposits are handled immediately.
I think there is a good variety of quick and easy funding options overall. However, the broker does not accept cryptocurrency payments at the moment. If that is something you are looking for in a broker then you may wish to have a look at Axi instead.
ADSS Funding Summary
| Payment Method | Deposit | Withdrawal |
|---|---|---|
| Wire Transfer | ✓ | ✓ |
| Credit/debit Card | ✓ | ✓ |
| Electronic Wallets | ✓ | ✓ |
| Cryptos | x | x |
ADS Securities LLC is registered with the Abu Dhabi Department of Economic Development, and The Central Bank of the United Arab Emirates has granted it a licence.
ADS Investment Solutions Ltd was established in accordance with the legislation of the Abu Dhabi Global Market (ADGM) financial free zone and Financial Services Regulatory Authority (FSRA) licences and regulates it. 170025 is the registration number.
ADS Securities Hong Kong Ltd is licenced by the Hong Kong Securities and Futures Commission (SFC).
The Financial Conduct Authority (FCA) has authorised and regulated ADS Securities London.
ADSS Regulation Summary
| Regulator | Brokername |
|---|---|
| ASIC (Australia) | x |
| IIROC (Canada) | x |
| CySEC (Cyprus) | x |
| SFC (Hong Kong) | ✓ |
| JFSA (Japan) | x |
| MAS (Singapore) | x |
| FINMA (Switzerland) | x |
| FCA (UK) | ✓ |
| CFTC (USA) | x |
| Other (FSRA) | ✓ |
ADSS Safety
Client monies are kept separate in segregated bank accounts, as authorised by authorities. Even if the broker goes bankrupt, the cash cannot be used. ADSS has deployed 128-bit Secure Socket Layer (SSL) encryption to secure all client transactions.
ADSS provides customer support 24/5 via live chat, email, and phone. I think they could improve by providing 24/7 support to keep up with the competition such as EXANTE.
ADSS is a broker established in the UAE that offers a good choice of over 1,000 assets for trading on robust platforms. It is a regulated brand in Hong Kong, the United Arab Emirates, and the United Kingdom. This implies that the broker must adhere to severe regulatory requirements such as a large capital basis, account segregation, digital security, reporting, and so on. The unique OREX platform is simple to use, quick, and appropriate for both new and experienced traders. The inclusion of the renowned MT4 platform is laudable since it is considered a standard for many brokers and traders alike. ADSS provides you with some advanced trading tools and resources for analysing the markets and making informed decisions. They have the technology and infrastructure to cater for retail, professional and institutional investors alike. Overall, I think they can be good choice of broker if you are looking to trade in a regulated environment using manual or automated trading strategies.
