Before diving into the world of trading, it is essential a trader understands what they are getting into, especially when they sign up for a brokerage account and deposit funds with them. In this updated 2023 review of GCC-based broker ADSS, we take a look at what the brokerage firm provides to traders, and what to expect when working with them.
More specifically, we will look at its trading platform, product offerings, and licenses. For those wanting to learn more about ADSS, they can read the review below or check out a review here at: https://tradingbrokers.com/reviews/adss-review/.
Regulations and licensing
ADSS is a brokerage firm that is headquartered in the UAE, meaning that it is authorized and regulated by the Securities and Commodities Authority (SCA). ADSS also has an office in the UK and is therefore regulated by the Financial Conduct Authority (FCA) as well. This makes the brokerage firm incredibly trustworthy, as traders know that their funds and data are safe and secure. As a responsible brokerage firm, ADSS remains committed to offering traders a fair, competitive and transparent trading environment.
Trading platforms provided
When it comes to trading with ADSS, the brokerage firm provides two different ways traders can access the financial markets. The first is through the broker’s own proprietary trading platform, while the second is through the popular trading platform Meta Trader 4 (MT4).
The ADSS bespoke trading platform
ADSS’ own bespoke proprietary solution is developed in-house by the broker themself. It can also be accessed on desktop and mobile devices, alongside through the web browser. The platform provides plenty of intuitive charting tools with multiple time frames, along with access to the global markets (which is the entire product range of ADSS). As such, traders are sure to find the brokerage firm’s comprehensive trading toolset and dynamic updates to be very useful. Trading across multiple devices can be done seamlessly, which is a bonus, as this means traders can trade on the go wherever they are, and in whatever format best suits their preference.
Aside from the bespoke trading platform, traders who want to use something a little more familiar can instead opt for MT4. This is an industry favourite, especially with forex traders. This is because MT4 helps facilitate forex trades in both the spot market as well as other forex derivative products. As such, forex traders may find comfort in the familiarity MT4 brings, especially if they have previously used it before. Allowing the use of MT4 demonstrates ADSS’ dedication to providing a rich and comprehensive trading experience to all kinds of traders, regardless of how much experience or knowledge they may have.
Financial products offered
ADSS has a wide range of financial products available for trading. This can either be done through the spot market or through CFDs. Traders who are interested in creating a diversified and large portfolio will find that it is incredibly easy to do so here. Some of the products that are on offer include cryptos, forex pairs, indices, stocks, and commodities.
For traders who are looking to trade something newer, can do so through ADSS. In fact, they can get involved today and use CFDs to trade some of the world’s leading cryptocurrencies such as Bitcoin, Ethereum, and Lite coin. Despite being extremely volatile, these instruments provide plenty of opportunities for traders to take advantage of as prices rise and fall often. Traders can therefore make use of highly competitive spreads and take advantage of price differences. They can even access competitive spreads, a dedicated account manager, as well as other educational and research tools.
For those looking to trade forex pairs, you are in luck. ADSS allows traders to trade CFDs on over 60 currency pairs in the forex market, which is the largest and most liquid financial market in the world. Traders have the option of exploring major currency pairs such as EUR/USD, minors such as NZD/CHF, and exotics such as EUR/TRY. The brokerage firm even provides a market-leading leverage of up to 500:1, along with some of the most competitive spreads traders can find in the industry.
Commodity traders can even find great products to trade with ADSS. More specifically, they can choose CFDs on spot commodities as well as futures. Some of the most popular instruments the brokerage firm offers to traders include metals (such as gold), energy (such as oil), and agricultural commodities (such as coffee) for both hedging and speculation purposes.On the whole, traders can trade per whole tick movement with zero commissions and no hidden fees, with a leverage of up to 200:1.
Traders can take a view of the companies that are listed on stock exchanges all around the globe, in sectors such as technology, healthcare, finance, and communication. These include major players in the GCC region as well as other popular names internationally, including Amazon, Tesla, Netflix, Meta, Boeing, and more. With ADSS, traders can trade stocks with no hidden fees and leverage of up to 20:1. Traders can also keep an eye on the news with market updates so they will be amongst the first to spot the next big thing coming up.
Instead of trading stocks individually, traders have the option of trading indices through ADSS’ industry-leading bespoke platform. Traders can either go long or short on US indices such as the S&P 500 and the NASDAQ, or on European heavyweights such as the DAX and the FTSE. Traders can take advantage of a leverage of up to 333:1, alongside some of the tightest spreads in the market. By trading indices, traders can respond to global events, capitalise on volatile markets, as well as gain exposure to an entire sector or industry.
Overall, after having a comprehensive look at ADSS, its regulations, trading platform, account offerings, and other products available, we can say that the broker is legit and is an option people should consider. For those who are UAE citizens, please be aware of the fact that you have more benefits and options, such as going digital when registering an account with the use of UAE Pass. There are extremely low spreads and no commissions, which makes ADSS a broker that we strongly recommend.