ADSS Review 2020
ADSS is a forex and CFD broker that offers over a thousand instruments for online trading via the brokers 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, the spreads and commission are not the lowest when compared to other online brokerages.
ADSS Review 2020, 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
In this detailed ADSS review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
ADSS is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including ADSS.
ADSS Review: Summary
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 from Abu Dhabi, United Arab Emirates (UAE) since 2011. Today, the broker has offices in Hong Kong, Singapore and London, UK. It boasts of over 150,000 individual clients and about 400 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. The result is 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. Only $100 is required to commence live trading. Traders can also test their strategies with a demo account on any of the two platforms.
ADSS Review: Regulation
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, clients’ funds are kept away in segregated bank accounts. 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 client transactions.
During registration, a new client is required to verify his identity, declare his income and source of funds. This 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 Review: Countries
ADSS does not accept clients from the United States of America. Some ADSS broker features and products mentioned within this ADSS review may not be available to traders from specific countries due to legal restrictions.
ADSS Review: Trading Platforms
This is a proprietary trading platform from ADSS. It is web based which 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 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 widely used by millions of forex and CFD traders. The MT4 platform combines a myriad of charting and trading tools with support for extensions apps and automated trading; making it a robust and versatile platform. ADSS 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. OREX mobile app 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.
ADSS Review: Trading Tools
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. 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. It is no longer updated 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 alerts the trader. This software 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. Forex news, commodity news, economic news, equity news can be selected and read separately. It is powered by ‘Dow Jones’; a popular source of business and financial news.
ADSS Review: Education
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.
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 Review: Trading Instruments
ADSS affirms that it offers over 1,000 trading instruments on its platforms. The following instruments are available for trading onine 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
ADSS Review: Trading Accounts & Fees
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.
Swap free accounts that comply with Sharia law are available 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 traders to test the different trading platforms and their trading strategies before opening a real live trading account.
As broker fees can vary and change, there may be additional fees that are not listed in this ADSS review. It is imperative to ensure that you check and understand all of the latest information before you open an ADSS broker account for online trading.
ADSS Review: Customer Service
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. 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.
ADSS Review: Deposit & Withdrawal
All deposits must emanate from accounts belonging to the same ADSS client. No third party deposits and no cash deposits. All clients must complete their 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.
ADSS Review: Account Opening
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.
ADSS Review: Conclusion
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. 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 traders a rewarding experience. The proprietary OREX platform 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, ADSS needs to create a comprehensive trader academy in order to help new traders. The broker should also consider social trading platforms integration to help investors and expert traders. The minimum deposit of $100 is still high when compared to other competitors. The spreads and commission are also not the lowest based on our research across hundreds of online brokers. Please see our best trading brokers for alternative online brokerages.
CFDs and FX are leveraged products and carry a high degree of risk. Losses can exceed your deposits. These products are not suitable for everyone. Ensure you understand all the risks and seek independent advice if necessary.