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ADSS review and ratings

ADSS review and ratings
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COMPANY INFORMATION

ADSS group includes 4 related companies.

ADSS UK – located in the United Kindom, regulated by the Financial Conduct Authority (FCA).
ADSS UAE (1) – located in the United Arab Emirates, licenced by the Central Bank of UAE.
ADSS UAE (2) – located in the United Arab Emirates, licenced by by the Financial Services Regulatory Authority (FSRA).
ADSS HK – located in Hong Kong, regulated by the Securities & Futures Commission (SFC).

Be aware, UK company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.

AVAILABILITY

ADSS group accepts clients from all over the world, excluding USA and some countries form the OFAC list.

DISTINCTIVE FEATURES

  • Authorised and regulated by a government agency in several counties.
  • Market briefings, technical analysis, free seminars and webinars.
  • Institutional services offered for the clients.
  • Hundreds of stocks available for trading.

TRADING INSTRUMENTS

Forex broker offers the following underlying assets for trading.

50+ Currency PairsBased on major and minor world currencies.
5 Crypto Cash CFDsBased on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple.
7 Indice Cash CFDsBased on baskets of different blue-chip stocks.
17 Indice FuturesBased on baskets of different blue-chip stocks and US Dollar Index.
4 Metal Spot CFDsBased on Gold, Silver, Platinum and Palladium.
1 Metal FutureBased on Copper.
4 Energy FuturesBased on Crude Oil (WTI, Brent), Heating Oil and Natural Gas.
1 Soft FutureBased on Coffee.
4 Bond FuturesBased on US and German government securities.
850+ Stock CFDsBased on shares of US, UK and EU companies.

Most of Stock CFDs are available at OREX platform.

COMPREHENSIVE REVIEW

Headquartered in the United Arab Emirates, ADSS is a forex & CFD broker with offices in Abu Dhabi, London, and Hong Kong. The company has been an active player in the forex broker industry since 2011, and caters to traders pretty much all over the world, with the usual exception of the US and a few other countries.

As would be expected from any reputable forex broker, ADSS is regulated in all three jurisdictions it has offices in. That includes regulation by the UK’s highly regarded Financial Conduct Authority (FCA), Hong Kong’s Securities & Futures Commission (SFC), as well as both the Financial Services Regulatory Authority (FSRA) and Central Bank of the UAE.

When it comes to trading instruments, ADSS pretty much has all the choices we can reasonably expect from any broker. That includes a selection of close to a thousand stocks from companies listed in the US, UK, and EU, as well as more than 50 currency pairs, cryptocurrencies, stock indices, commodities, and government bonds.

As with most brokers we have reviewed here on FX-List, all of the assets offered for trading on ADSS are offered in the form of contracts-for-difference, better known as CFDs. Unlike when trading the underlying asset directly, CFD trading makes it as easy to short-sell the instruments as it is to buy them long, while also offering high leverage by default.

In line with regulations and normal industry practice, the leverage available from ADSS is set to a maximum of 1:500 for most traders, and 1:30 for EU-based traders who are designated as “non-professional.”

ADSS offers two trading platforms for its clients to choose from, the first being the classic MetaTrader 4 (MT4) platform and the second being its proprietary platform known as OREX. While MT4 probably does not need a further introduction here, OREX is relatively unknown for traders who are new to ADSS. However, the platform is fairly powerful, yet simple enough for beginners to learn quickly. It also comes in different versions for use on iOS and Android mobile devices, as well as a web-based version for any type of computer.

Unlike most other trading platforms, OREX also comes with features designed to enhance the social aspect of trading. Among these is the opportunity to share trades and other information from the trading platform directly on the user’s Facebook, Twitter, and LinkedIn accounts for their friends to see, which we think is a pretty cool feature that some users will like.

In terms of account types, ADSS clients have three different accounts to choose between, in addition to the standard free demo account that nearly all brokers offer. These accounts include a Classic Account suitable for most beginners, an Elite Account suitable for more experienced traders who trade larger volumes, and a swap-free account for those who require that for religious reasons. To start trading with the Classic Account, a minimum deposit of USD 100 is required. In order to open an Elite Account, however, a whopping USD 200,000 is required as a minimum deposit, which we understand is out of reach for most clients.

All trading accounts can be funded with either bak wire transfers, the popular e-wallet Skrill, or regular credit & debit cards. Note that all trading accounts with ADSS are denominated in either USD or AED, which means that deposits made in other currencies than these two will automatically be converted into either currency. Unfortunately for some perhaps, cryptocurrency deposits are not accepted by ADSS at this time.

To reach the ADSS customer support team, all a client needs to do is to call them up with one of the phone numbers provided on the broker’s website. Alternatively, email or the live chat button on the website can be used. Unfortunately, information about support opening hours are not stated anywhere on the website.

All in all, we consider ADSS to be a decent broker for anyone looking to trade a diverse selection of assets on either the familiar MT4 platform or on the broker’s own OREX platform. The broker is fully regulated by several reputable government regulators, which makes us feel comfortable that this broker is reliable and a solid choice for most traders.

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