Alyaziah Hayat | May 20, 2022
Table of Contents
ADSS is a forex and CFD broker that offers you over a thousand instruments for online trading via the broker’s proprietary OREX platform and the ever popular MetaTrader 4 (MT4). The broker provides daily market news from in house experts and analysis powered by Autochartist. However, I don’t like how the spreads and commissions are not the lowest when compared to other online brokerages. You can compare their services with other top brokers through our broker ratings.
Broker Pros / Cons
- Over 1,000 tradable assets
- Autochartist analysis is provided to all clients
- Access to trade on the OREX platform as well as the renowned MT4
- Latest news is provided by Dow Jones
- Spreads & commissions
- Lack of a comprehensive trading academy
- Clients from USA are not allowed to register
ADSS is a forex and CFD broker that was founded with a mission to build a global financial services firm that delivers excellent products and services. ADSS began operations in Abu Dhabi, United Arab Emirates (UAE) in 2011. Today, the broker has offices in Hong Kong, Singapore and London, UK. It boasts of over hundreds of thousands of individual clients and several thousand institutional clients from all over the world.
ADSS states that it was established with a capital base of $400 million, meaning that it is a highly capitalised firm. ADSS trading technology and servers are based in TY3, LD4 and NY4 data centres. The broker has partnered with more than 30 tier 1, tier 2 bank and non-bank liquidity providers which includes Currenex, Lucera, PrimeXM, Xenfin, One-Zero, etc. I really like this initiative as it resulted in premium liquidity, competitive pricing and good execution speeds.
ADSS clients trade on the OREX platform as well as the MT4 trading platform. Both platforms are suitable for all traders and also available on mobile devices. I like how only $100 is required to commence live trading. You can also test your strategies with a demo account on any of the two platforms.
ADS Securities LLC is registered with the Dept of Economic Development of Abu Dhabi. The registration number is 1190047. It is licensed by the Central Bank of the United Arab Emirates.
ADS Investment Solutions Ltd is incorporated under the laws of Abu Dhabi Global Market (ADGM) financial free zone. The registration number is 000000966. It is licensed and regulated by the Financial Services Regulatory Authority (FSRA) of the ADGM. The registration number is 170025.
ADS Securities Hong Kong Ltd is incorporated in Hong Kong and licensed by the Hong Kong Securities and Futures Commission (SFC). The license number is AXC847.
ADS Securities London is registered in England and Wales. The registration number is 07785265. ADS Securities London is authorized and regulated by the Financial Conduct Authority (FCA) with the reg. no: FRN 577453.
As directed by the regulators, your funds are kept away in segregated bank accounts. I like this feature as the broker cannot use the funds even if it goes bankrupt. A 128-bit Secured Socket Layer (SSL) encryption has been implemented by ADSS to protect all your transactions.
During registration, you will be required to verify your identity, and declare your income and source of funds. I like this initiative as it is in line with the Anti Money Laundering policy so that money launderers and terrorist financiers will not use ADSS to carry out their heinous crimes by posing as traders.
ADSS does not accept clients from the United States of America. If your country is not accepted by ADSS, I recommend checking out our broker comparison tool for alternatives.
This is a proprietary trading platform from ADSS. I like that it is web based as this means that it runs in most modern web browsers without requiring any additional downloads or installations. The platform is user friendly and runs on all operating systems. It is also available as mobile apps that can be downloaded for iOS and Android devices. OREX is also suitable for monitoring and analyzing the markets, placing trades and following the market news updates.
Here are some of the features of the platform.
- The platform displays the quotes of all instruments in real time.
- Funds can be added to the trading account from the platform.
- Over 30 analytical object tools.
- 7 chart styles displayable on 9 timeframes.
- Over 110 technical indicators are available including the most popular ones like MACD, Bollinger bands, Moving averages, etc
- News feed is frequently updated on the platform. Clicking on a news headline pops out the full details.
- Multiple order types are available including Limit order, OCO and Stop order.
MetaTrader 4 (MT4)
MT4 is one of the most popular trading platforms that has been adopted by most brokers and is widely used by millions of forex and CFD traders. I like the MT4 platform as it combines a myriad of charting and trading tools with support for extensions apps and automated trading; making it a robust and versatile platform. ADSS also offers MT4 as a downloadable desktop application for Windows as well as downloadable apps for iOS and Android devices.
Here are a few of the primary features of the MT4:
- It displays the charts and quotes of all the tradable assets in real time.
- Multiple order types for placing trades; such as market and pending orders.
- Account statement and balances in real time as trades are in progress.
- Charting on 3 chart styles and on 9 timeframes.
- About 30 indicators and 24 drawing tools come preloaded with the MT4.
- Supports automation of trades via Expert Advisors (EAs) which can be developed from the MQL editor.
- Incorporates the ‘Market’ tab which gives access to the MQL5 market where traders can buy plugin apps in order to add more indicators, trading tools or EAs to their MT4 platform.
- Send price alert notifications via email, SMS or platform pop-ups.
OREX Trading App
This is the mobile app version of the OREX platform. The app is developed for iOS and Android mobile devices and can be downloaded from the respective app stores. I like the OREX mobile app as it is ideal for monitoring the markets, reading the news and for trading online whilst on the move. The trading app is user friendly and connects fast without lags. All the assets quotes can be viewed in real time. All instruments can be displayed on multiple charts over different timeframes. Technical analysis is done using indicators and drawing tools. Trading accounts can be funded from within the app.
Market & Financial News
The news from the markets covering forex, stocks, CFDs as well as economic news from different countries is provided by ADSS. The news articles also features analysis and analysts’ forecast. The best part is that it is updated daily on the website.
These are written articles that analyze a wide variety of stocks, forex, indices, commodities, etc using charts, price action, history, indicators and other analytical tools. I would’ve liked to see it being updated more frequently.
This calendar shows the times and dates of economic events such as announcements, reports, etc. These events have been forecasted to have an impact on selected assets, especially currencies. ADSS Economic Calendar is powered by ‘TradingView’.
This is a software tool that constantly scans the markets looking for trading opportunities. When it recognizes a trade set-up, it will alert you. I like this software as it takes away the difficult task of analyzing all the charts for several instruments every day. The Autochartist also give daily market reports and latest news. The Autochartist is available as an MT4 plugin app.
Latest News Headlines
This is available on the homepage of the website. I like this section as forex news, commodity news, economic news, equity news can each be selected and read separately. It is powered by ‘Dow Jones’; a popular source of business and financial news.
On the ADSS website, the broker schedules seminars and webinars occasionally. The seminars are usually held in Abu Dhabi or Dubai. Currently, no webinars are scheduled on the website.
I like how this section also features a financial glossary comprising of over 300 trading terms and their detailed meanings are provided on the website. This is important to new traders who may need some time to familiarize themselves with the terminologies used in trading.
There is a page on Questions and answers. The questions are grouped into 3; about ADSS, trading account information and trading basics. This section attempts to answer most of the questions normally posed by prospective clients or beginner traders.
ADSS affirms that it offers over 1,000 trading instruments on its platforms. Although this is a decent amount, I still think it is quite low compared to other top brokers like Swissquote. The following instruments are available for trading online with ADSS broker:
- Over 40 Forex Currency Pairs including major, minor & exotic FX crosses
- 23 Indices
- Hundreds of Stock CFDs
- 6 Commodities
- 5 Cryptocurrencies
- 6 Bond Futures
Accounts depend on the trader’s capital or choice.
- Classic account: the minimum deposit is $100 while the maximum leverage is 1:500.
- Elite account: The minimum deposit is $200,000 and the maximum leverage is 1:500. This is the flagship account designed for professional traders. Account holders have free access to ADSS senior staff including the Chief Marketing Strategist.
I appreciate that they also provide Swap free accounts that comply with Sharia law for Muslim traders. Account holders cannot trade forex pairs containing the following currencies: HUF, ZAR, MXN, CNH, PLN, RUB, TRY and NZD.
Demo accounts are freely available on all platforms. 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.
The ADSS customer support team is multilingual and can be reached 24/5. The quickest way to get support is to use the instant web chat facility on the website. However, I would’ve liked to see them offer support 24/7 like other top brokers such as Trading 212. There is also an ‘Enquiry form’ on the ‘Contact us’ page of the website. A support representative will respond by email or by calling the enquirer. There are several phone lines provided by the support team. They can also be reached through email and fax. On social media, ADSS is on Facebook, Twitter, LinkedIn, YouTube and Instagram.
All deposits must emanate from accounts belonging to the same ADSS client. No third party deposits and no cash deposits. I like this initiative as it prevents any fraudulent activity. You must complete your verifications before requesting for a withdrawal. Third pary payment processors may charge additional fees.
ADDSS accepts the following payment options:
- Credit/Debit Card: The major cards accepted are Visa and MasterCard. Card deposits are processed instantly. The minimum deposit is $100.
- e-payments: Skrill is the e-wallet payment option that is accepted for both deposits and withdrawals. Deposits are instantly processed.
I would’ve liked to see them offer crypto funding as well like other top brokers such as Coinexx.
Only a few minutes is needed to create a new ADSS trading account. Visit the appropriate website and click the button ‘Create an account’ which is located on the right hand side of the menu bar. The registration form will be displayed.
Fill the 6-page form which requires personal details, financial information, source of funds, trading experience and verification documents. Instantly, the ADSS account is created and you are logged into the clients’ area of the website. From there, you can create a demo account, set your preferences, monitor your account, etc.
What is the ADSS minimum deposit?
The minimum deposit required by ADSS is $100.
How do I deposit money into ADSS?
The following deposit methods are available at ADSS: Wire Transfer, Credit/Debit Cards, Neteller, and Skrill.
What are ADSS deposit fees?
ADSS does not charge any deposit fees on traders’ accounts, but your bank or card provider may.
How do I withdraw money from ADSS?
You can withdraw funds from your ADSS account using the following payment options: wire transfer, credit/debit cards, and some online payment gateways, such as Neteller and Skrill.
What are the ADSS withdrawal fees?
ADSS does not charge any withdrawal fees on clients’ accounts.
What is the ADSS commission fee?
ADSS has low commission fees that start from $0.2.
Are there any ADSS inactivity fees?
ADSS does not charge any inactivity fees on the dormant account. This is an advantage to traders as most brokers would charge inactivity fees on dormant accounts.
What are the ADSS account types?
ADSS allows traders to choose from two live trading account options. The account types include the Classic account with a minimum deposit of $100 and the Elite account, which has a minimum deposit is $200,000.
Is there an ADSS demo account?
Yes, the broker offers a demo account for practice purposes. The demo account comes preloaded with $50,000 in virtual funds to test your trading strategies without any risk involved and feel what the broker offers before investing real funds.
What are the ADSS spreads?
ADSS has low spreads starting from just 1.6 pips on the Classic account and 0.5 pips on the Elite account.
What is the ADSS leverage?
ADSS offers leverage of up to 1:500 to clients.
Do ADSS allow hedging, scalping, news trading & automated trading?
Yes, ADSS allows all trading styles, including automated trading, hedging, and news trading.
Is there an ADSS Islamic account?
Yes, ADSS offers Islamic account options on each available live trading account option. The Islamic account options are designed for clients of the Muslim faith who cannot pay swaps due to their religious beliefs.
What are ADSS’s trading instruments?
ADSS allows clients to trade the following financial instruments: forex, indices, stocks, commodities, cryptocurrency, bonds, and CFDs.
How do I open an ADSS live account?
To register an account, click on the ‘Create an account’ button at the top right corner of the broker’s website. Then fill out the account application form and submit it.
How do I verify my ADSS account?
You can verify your ADSS account by providing proof of identification and up-to-date proof of address, no more than six months old.
What is the ADSS trading platform?
ADSS provides traders with the MT4 trading platform. It is an advanced trading platform that is available in desktop, web, and mobile versions. ADSS clients are also provided with the OREX trading platform, a mobile trading app that is developed for Android and iOS mobile devices.
Where can I download the ADSS platform?
You can download the ADSS trading platforms directly from the broker’s website or the relevant iOS and Android app stores.
Where are ADSS located?
ADSS is located in the United Arab Emirates.
Are ADSS regulated?
Yes, ADSS is regulated by various top regulatory authorities, including FCA, Central Bank of UAE, FSRA, and SFC.
What countries does ADSS not accept?
ADSS does not accept clients from countries where the use of their services would be contrary to local laws and regulations.
Is ADSS a scam?
No, ADSS is most likely not a scam. The broker is regulated by various top regulatory authorities in the industries.
How can I contact ADSS support?
The ADSS customer support team is available 24/5 and can be contacted through the following channels: telephone, email, fax, and various social media handles, including Facebook, Twitter, LinkedIn, YouTube, and Instagram.
|Broker Features||AvaTrade||IG||IC Markets|
|Regulated||ASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSA||FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF||ASIC, CySEC, FSA, SCB|
|Country||Australia, Ireland, South Africa, Japan, British Virgin Islands||Australia, UK, USA, Switzerland, UAE, Singapore, Japan||Australia, Seychelles, Bahamas, Cyprus|
|Min. Deposit||Min $250 Deposit||Min $100 Deposit||Min $200 Deposit|
|Commission||From $0||From $0||From $0|
|Instruments||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFs||Forex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDs||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs|
|Platforms||MetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, Mobile||MetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, Mobile||MetaTrader 4, MetaTrader 5, cTrader, Web, Mobile|
|Type||Market Maker, STP||STP, ECN, DMA||ECN|
|Funding||Wire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, Skrill||Wire Transfer, Credit/Debit Cards, PayPal||Wire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli|
|Visit Broker||Visit Broker||Visit Broker||Visit Broker|
ADSS is a UAE based broker offering over 1,000 assets for trading on modern platforms. It is a brand regulated in Hong Kong, UAE and the UK. I like that it is regulated as this means that the broker must follow the stringent regulatory stipulations which include a huge capital base, account segregation, digital security, reporting, etc.
ADSS asserts that it has invested large sums of money into research and development of trading systems and solutions to give you a rewarding experience. I also like the proprietary OREX platform as it is easy to use, fast and suitable for new and experienced traders. The addition of the popular MT4 is commendable as it has become a standard for most brokers and traders as well.
However, I believe ADSS needs to create a comprehensive trader academy in order to help new traders. The broker should also consider integrating a social trading platform like that provided by eToro to help investors and expert traders. I believe the minimum deposit of $100 is still high when compared to other competitors like Trade Nation. The spreads and commission are also not the lowest based on my research across hundreds of online brokers. If ADSS does not meet your needs, I recommend checking the best trading platforms for alternatives.