Before diving into the world of trading, it is vital 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 review of MENA-based brokerage firm ADSS, we take a look at its licensing and regulations, trading platforms it provides, and the instruments it offers. For those wishing to learn more about ADSS, make sure to keep reading the review below.
Licensing and regulations
ADSS is a brokerage firm that is headquartered in the UAE, meaning it is authorised 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 secure and safe. As a responsible brokerage firm, ADSS remains committed to offering traders a fair, competitive and transparent trading environment.
Trading platform offered
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 MetaTrader 4 (MT4).
ADSS bespoke platform
ADSS’ own bespoke proprietary solution is developed in-house by the broker itself. It can also be accessed on desktop and mobile devices, in addition to the web browser. The platform provides plenty of intuitivecharting tools with multiple timeframes, along with access to the global markets (so 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 helpful. 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 that suits their preferences.
MT4
Aside from the bespoke trading platform, traders who are looking 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
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 forex pairs, crypto, stocks, indices and commodities.
Stocks
Traders can take a view of the companies that are listed on stock exchanges all around the globe, in sectors such as healthcare, finance, technology, 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.
Indices
Instead of trading stocks individually, traders also have the option of trading indices through ADSS’ bespoke trading platform. Traders can either go short or long 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.
Crypto
Traders 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 Litecoin. 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 research and educational tools.
Commodities
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 crude 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.
Forex
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.
Bottom line
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.
Those who are UAE citizensalso have more benefits and options, such as going digital when registering an account with the use of UAEPass. There are extremely low spreads and no commissions, which makes ADSS a broker that is strongly recommended.
