What is ADSS?

ADSS is an execution-only spot forex and CFD broker. Founded in 2010 in the United Arab Emirates, it is headquartered in Abu Dhabi currently, with both local and international employees. The broker has a good reputation and has a series of awards and accolades under its belt for its performance within the MENA region.

In 2022, it was voted Best Forex Broker in the Middle East at the Forex Expo in Dubai, the Best Forex Broker in the Middle East at the Forex Traders Summit in Dubai, and the Most Trusted Forex Broker at the Fazzaco Expo in Dubai. The year before that, in 2021, it was voted Best Forex Trading Innovation at the Global Forex Trading awards. Within the MENA region, it has a solid reputation and industry recognition.

Is ADSS regulated?

Yes, ADSS is regulated by the Securities and Commodities Authority (SCA) in the UAE, where it operates. It is licensed as an execution-only broker for the spot forex markets and CFD trading.

What products does ADSS offer?

ADSS offers trading across various financial assets, including forex spot and CFD contracts on equities, indices, commodities, cryptocurrencies, and currencies. Retail traders are not charged commissions for forex spot or CFD trades.

• Commodity CFDs give exposure to metals, energy products, and agricultural goods. Leverage of up to 200:1 can be used when trading commodities, which allows positions to be priced per whole tick.
• Over 60 currency pairs are tradable, incorporating major, minor and exotic currencies. In addition to forex spot trading, FX movements can be speculated on through CFDs with 500:1 leverage.
• Stock CFDs enable participants to bet on the share prices of global and GCC equities such as Netflix, Gulf Insurance, and Al-Rajhi Bank. Leverage is capped at 20:1 for these instruments.
• Index CFDs facilitate speculation on prominent benchmarks like the US100, S&P 500, Nikkei 225, DAX, and Hang Seng Index. Leverage of up to 333:1 is available for index CFD trading.
• The broker also provides cryptocurrency CFDs, including the ability to speculate on the price movements of Bitcoin and Ethereum. Cryptos can be traded with 4:1 leverage but only using ADSS’s proprietary platform, not MT4.

To find more information on the broker’s offerings, you can read Forex Empire’s ADSS review. It contains much more detailed information on the broker’s trading fees and how their product offering compares to industry peers. It also looks at the research and educational resources provided associated with their offered products.

Platforms available for ADSS traders

ADSS offers traders a choice of two platforms – their proprietary solution or the popular MT4 platform. Demo and live account holders can evaluate both platforms and their preferred trading style, though demo access is limited to 90 days before an upgraded live account is needed. Both platforms are available on desktop, web browser, and mobile devices, allowing seamless transitions between environments.

In my experience, execution and navigation have been smooth across interfaces. Newer traders may find the ADSS solution provides clear guidance through effective charting and layout without complexity, while more advanced traders may prefer MT4 for its multi-chart view and added indicators, features, and analysis tools. Nevertheless, it is worth mentioning that crypto CFD trading is not available on MT4.

Account types available for ADSS trader

ADSS offers 1 demo account and 3 tiers of live accounts: Classic, Elite, and Pro.

ADSS provides clients the opportunity to gain experience through a no-risk demo account containing a $50,000 virtual balance that can be reset at any time, allowing backtesting of strategies without credit card requirements. Demo traders can also access ADSS’s full portfolio of educational resources, real-time pricing and competitive spreads during the 90-day demo period before seamlessly transitioning to a funded live account when they feel prepared to take their trading live.

The 3 tiers of live accounts include Classic, Elite, and Pro.

The Classic account is most suitable for retail traders and has a minimum deposit requirement of 100 USD and no commissions are charged on trades. Maximum leverage of up to 500:1 is available, spreads are competitive, and Classic account holders can access 24/5 customer support.

Elite accounts begin at 100,000 USD. They offer 25% lower spreads with maximum leverage of 500:1, and Elite traders can access a dedicated senior manager. They also have access to +Elite events offered by ADSS and can trade with a multi-currency account, which can save on fees in currency conversion when building a diversified portfolio.

Finally, Pro accounts begin at 100,000 USD as well. They offer even lower spreads from 0.0 pips on FX pairs and low commissions. Maximum leverage remains 500:1 but added value features such as access to an RM+ sales trader and +Elite events offered by ADSS are included.

Overall verdict of ADSS

Overall, ADSS provides a good user experience and a diverse range of products. There is plenty of choice when it comes to selecting the trading platform and the account tier. For retail traders, it is a good starting point to building a diversified portfolio with minimal charges and no commissions on trades. There is also dedicated customer support 24/5 in multiple languages – including French, English, Hindi, Turkish, and Urdu. Resources are available in English and Arabic, including market updates and educational articles. With a good reputation within the UAE and the wider MENA region, ADSS appears to be a leading broker that can be trusted.