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Archpresspk | A comprehensive review of what ADSS offers | ADSS is a MENA-based brokerage firm that provides investment and trading services to both retail and institutional traders. As one of the few brokerages headquartered in the GCC, they are regulated by the SCA in the UAE and the FCA in the UK. In this Forex Academy ADSS review, we take a look at what the brokerage firm provides for its clients.
Instruments on offer
ADSS allows traders to access global markets with their wide range of offerings. Traders can either trade CFDs on highly liquid indices, commodities, stocks, commodities, and forex CFDs, as well as sell and buy forex through major, minor, and exotic currency pairs. Using ADSS’ trading platform, traders can even monitor price movements with daily market updates directly to their inbox, so they will never miss a trade.
Indices
Instead of trading stocks individually, traders can opt to use ADSS’ trading platform to speculate on indices from all around the world. This way, traders have the option of going long or short on US indices, such as the S&P 500, or on European heavyweights such as the DAX and the FTSE 100.
With the brokerage firm, traders can take advantage of trading index CFDs with deep liquidity, competitive pricing, and a leverage of up to 333:1. Traders can even benefit from some of the tightest spreads available in the market. Traders can therefore capitalise on volatile markets, trade and respond to global events, and gain exposure to an entire economy or sector.
Currencies
ADSS lets traders trade forex pairs with its intuitive trading platform. When a trader trades online, the brokerage firm promises no hidden fees, so that clients will always know what they are getting into. Currently, clients can trade CFDs on over 60 currency pairs in the forex market – this is the largest and most liquid financial market in the world. This is done using ADSS’ next-gen trading platform. The trading platform’s intuitive design means there is a minimal learning curve, allowing traders to better focus on managing their trades, instead of spending time learning how to use the platform.
There are major currency pairs such as EUR/USD, minor pairs such as NZD/CHF, and exotics such as EUR/TRY that traders can pick from. ADSS also offers market-leading leverage of up to 500:1, alongside some of the most competitive spreads in the industry for forex trading. The brokerage firm was even awarded Best FX Platform 2021 in the Middle East at the Global Forex Awards.
Cryptos
When it comes to trading newer financial instruments such as cryptocurrencies, ADSS offers that too. Traders can use CFDs to trade some of the world’s leading cryptocurrencies such as Ethereum, Bitcoin, and Litecoin. This can be done 24/5 via ADSS’ award-winning trading platform. Traders can also access a dedicated account manager, competitive spreads, and other educational and research tools to help them execute their trades. Another thing that makes ADSS unique is that traders do not need to open an online wallet when it comes to trading cryptocurrencies, as their funds are not transferred to an unregulated crypto exchange.
Stocks
Traders have the opportunity to trade stocks from companies listed on stock exchanges around the world in the finance, technology, communications and healthcare sectors. This includes major players in the GCC region. As well as other internationally renowned companies such as Amazon, Netflix, Telsa, Boeing, and Meta, to name a few. With ADSS, traders can trade stocks with no hidden fees, alongside a leverage of up to 20:1 via CFDs. ADSS’ trading platform remains highly customisable and intuitive so that traders can simply focus on executing their investments and monitoring their trades. This lets them be the first ones to spot the next big opportunity.
Commodities
Traders can take advantage of market volatility and choose from CFDs on futures and spot commodities. Right now, ADSS offers popular commodities such as oil, gold, and coffee, for both hedging and speculation. Traders can simply trade per whole tick movement with zero commissions and no hidden fees. As stated on the official website, the tick size for each commodity is 1 point, and the tick value is 1 USD. There is a maximum leverage of 200:1. So when it comes to trading commodities, traders can be sure to enjoy no commissions and tight spreads.
Account types provided
To begin trading with ADSS, traders must first register and open a live account with the brokerage firm. There are three types of trading accounts traders can use. This means whenever a trader is new to trading or a seasoned professional, they will be able to find an account that meets their needs.
Classic
The Classic account type is the standard account type offered by ADSS. It has a minimum initial deposit of $100 and provides competitive market spreads. It also has a maximum leverage of 500:1. The account tier offers 24/5 customer support to traders who have questions or issues, including training courses and other educational materials. This allows traders to improve and hone their strategies and trading skills.
Elite
The Elite account type is the second account type ADSS offers. It has a minimum initial deposit of $100,000 and offers 25% lower spreads when compared to the Classic tier. It also offers everything the Classic account tier has – with a few more perks. These include a dedicated senior account manager, so traders can get more help when making their trades. The Elite account also offers +Elite events and multi-base currency.
Elite +
The Elite + tier is the highest account tier that ADSS offers. It has a minimum initial deposit of $250,000 and offers ultra-low spreads. It also offers everything from Classic and Elite account tiers, with a few more perks. These include an account manager and a sales trader, so traders can have more assistance when it comes to executing and monitoring their trades. The Elite + account also offers +Elite events and multi-base currency.
Bottom line
Overall, ADSS provides a wide range of instruments and markets to traders, including an advanced trading platform for traders to use. Their security and regulations as well as the range of instruments on offer, make them a highly reputable brokerage firm for investors and traders looking to access the global financial markets.
Photo by Marga Santoso on Unsplash
