As the financial markets become more and more accessible due to the advance of technology, it has become easier for retail and institutional traders and investors to start their trading journey. In order to begin trading, one must first pick a brokerage firm to work with. However, with so many brokers available, it can be really overwhelming to pick the right one that suits your needs. This is because brokerage firms are not created equal, and they can differ in their products offered, services, fees, commissions, customer support/guidance, and more. In this review, we take a look at the award-winning brokerage firm ADSS, what it provides for traders, and what traders can get out of it.
ADSS’ background
ADSS is an award-winning leading MENA brokerage firm that is headquartered in the GCC, as well as operates in the Middle East, the UK, and other regions and financial markets across the globe. The brokerage firm is dedicated to improving opportunities and enhancing the trading experience for all its clients and insists on having the highest standards to inspire others to achieve their goals, as well as offering traders the ultimate trading experience.
ADSS’ regulations and licenses
As one of the few brokerages that are headquartered in the GCC region, ADSS is regulated by the Securities and Commodities Authority (SCA) in the UAE as well as the Financial Conduct Authority (FCA) in the UK. As ADSS is a responsible brokerage firm, they are committed to offering traders and clients a fair, competitive and transparent trading environment.
Products Offered
Currently, ADSS offers both retail and institutional investors and traders plenty of markets to take advantage of. These include CFDs on indices, stocks, forex, cryptocurrencies, and commodities. Below is a more in-depth breakdown of the financial instruments traders can trade with.
Indices
Traders can trade CFDs on major indices such as the DAX, Dow Jones, FTSE, S&P 500, NASDAQ and others around the world, with a leverage of up to 333:1. Traders can even take advantage of some of the tightest and most competitive spreads on the market, as well as deep liquidity. This means traders can easily respond to global events, capitalise on volatile and fluctuating markets, or gain exposure to an entire economy or sector, all in ADSS’ inclusive trading platform. All trades are commission-free, and ADSS does not charge any hidden fees.
Stocks
ADSS allows traders to take a view of companies that are listed on stock exchanges around the world. These not only include major players in the GCC region, but also blue-chip stocks from popular names around the world, including Netflix, Tesla, Boeing, Amazon, Nike, Meta, and more. In fact, traders can trade some of the biggest names in the technology, healthcare, finance, and communications sectors, with a leverage of up to 20:1. This allows them to execute trades with deep liquidity and superior trading conditions.
Forex
Through ADSS, traders can find new opportunities in the world’s largest and most liquid financial market. They can trade CFDs on over 60 currency pairs in the forex market with the broker’s new, next-gen trading platform. Trade major currency pairs such as EURUSD, minors such as NZDCHF, and exotics such as EURTRY. Traders can even take advantage of leverage of up to 500:1 on ADSS’ trading platform. ADSS was even voted Best FX Platform 2021 in the Middle East at the Global Forex Awards. Traders can benefit from competitive spreads and intuitive charting tools, allowing them to execute forex trades with uncompromising speeds and functionality.
Cryptocurrencies
Cryptocurrencies remain one of the most volatile markets in the world, creating opportunities for traders as prices rise and fall constantly. Traders can get involved today and use CFDs to trade some of the world’s leading cryptocurrencies 24/5 such as Bitcoin via ADSS’ award-winning platform. Traders can access competitive spreads, a dedicated account manager, as well as educational and research tools. They can even go long and short and find opportunities in the crypto market regardless of its direction.
Commodities
Commodities include things such as gold, silver, coffee, and natural gas, and they are a popular choice when traders are looking to unlock new opportunities in the commodities market. ADSS offers spot commodities as well as futures with a leverage of up to 200:1. These commodities can be used for both hedging and speculation. Traders can trade per whole tick movement with zero commissions and no hidden fees.
Awards and achievements
ADSS is proud of the awards they have achieved over the years in industry. Recently, they were the proud winners of Best Forex Middle East at Forex Expo Dubai 2022 and were also awarded the Most Trusted Forex Broker during the Fazzaco Business Awards 2022. This is a good sign for many traders, and ADSS remains trusted by users worldwide, adhering to the strictest standards for their client’s personal privacy.
Depositing and withdrawing funds
Traders can fund their accounts in a variety of ways, these include bank wire transfers, credit cards, online bank transfers, as well as digital payment platforms such as Skrill, Cash U and Neteller. Recently the broker has also allowed payment through Samsung and Apple Pay. Additionally, ADSS is also the only brokerage firm in the UAE that offers funding via UAEPGS. This is the transfer payment gateway from the Central Bank of the UAE, allowing funds to be processed faster, though it is only available for UAE residents.
Customer support
Traders have the option of getting in touch with ADSS by filling in the contact form on their official website. This form needs the trader to provide them with a name, email, region they are based in, phone number, and a message. Alternatively, traders can get in touch with the brokerage firm’s Client Management, Sales or General Enquiries department via their relevant telephone numbers, fax numbers or email addresses. ADSS also lists opening hours on their website, so a trader can decide whether it is appropriate to fill out the online contact form or directly contact the broker’s specialists.
Bottom line
After taking a look at the broker, its’ products offered, customer support, licenses and regulations, awards and achievements and more, we can say that we recommend this to traders. With highly competitive spreads and high liquidity, traders can find new opportunities in plenty of financial markets, both regionally and globally. Traders can also deposit and withdraw funds in a variety of ways, through bank wire transfers, credit cards, as well as plenty of other digital payment platforms. Traders who are residents of the UAE can even fund their accounts via UAEPGS, making the funding process faster and smoother. All in all, ADSS remains a great way for traders to get started with their trading journey.