With so many brokerages available online, it can become overwhelming for traders to choose one they wish to work with. This is because brokers can differ in a lot of ways, such as through their accounts and products offered, customer support, commissions, fees, and more. In this ads securities review, we take a look at ADSS’ trading platform and trading accounts being offered, so that traders know what to expect when they choose to work with this broker.
Regulations and licenses
ADSS is one of the only brokerages that is headquartered in the GCC – they operate in the Middle East, the UK, and in other regions and financial markets around the world. Now, ADSS is regulated by the Securities and Commodities Authority (SCA) in the UAE and the Financial Conduct Authority (FCA) in the UK. Additionally, as a responsible brokerage firm, they are committed to offering traders a fair, transparent and competitive trading environment.
ADSS currently offers traders two types of trading platforms for them to choose from. The first is ADSS’ own bespoke award-winning trading platform. The second is through the popular MetaTrader 4 interface. Here, you can take a look at what ADSS offers to clients in regard to the specific trading platform.
Bespoke trading platform
ADSS has created and offers its own bespoke trading platform. This trading platform is available on both desktop and mobile devices and can be found on both the Apple and Google Play store. The trading platform has a highly intuitive interface, making it easy for both novice and experienced traders to immediately get the hang of it. This way, traders do not have to spend so much time learning how to use the platform but can quickly start trading live in the markets. The interface is also customisable, so traders can personalise the interface according to their preferences, making it even easier and more comfortable to start trading.
Through ADSS’ trading platform, traders can get in touch with both GCC markets and global markets. This includes financial instruments such as indices, equities, currencies, commodities, and cryptocurrencies. ADSS also offers highly competitive spreads for traders, in addition to nocommission on any trades. Leverage rates vary depending on the instrument a trader uses.
MetaTrader 4 (MT4) is an electronic trading platform that is usually used by online forex traders. As a highly popular online trading platform, its simple user interface gives traders access to advanced technical analysis tools and flexible trading systems. While most commonly associated with forex trading, it is also used to trade other instruments such as indices and commodities via CFDs.
With this trading partnership, traders who are more familiar with the MT4 platform can still trade on it via ADSS. Here, the platform offers advanced, customisable charting, as well as research and educational tools. MT4 is also available on mobile devices, so traders can trade on the go no matter where they are. They can also get the latest headlines via MT4’s live newsfeeds, so they are always up-to-date with current events.
MT4 also offers traders Autochartist – this is a market data monitoring application. It helps traders highlight emerging trading opportunities and sort through the information so traders do not have to. This way, traders can stay on top of the market’s every move no matter what.
As of the time of writing, ADSS offers clients a few different types of live accounts for them to choose from. This means regardless ofwhether someone is new to trading or a seasoned professional, ADSS’ trading accounts suit all needs and experience levels. Here is a breakdown of their account types on offer below:
The Classic account type tier is the standard tier that ADSS offers to clients.There is a $100 initial minimum deposit before a trader can trade live in the financial markets. Here, ADSS offers traders competitive market spreads, a 500:1 maximum leverage, and 24/5 support, in addition to training courses and other educational resources that can boost trader’s trading skills and strategies.
ADSS’ Elite account tier is the second account tier they offer for traders. Here, there is a $100,000 minimum initial deposit. Aside from offering everything already in the Classic tier, the Elite account offers traders 25% lower spreads, +Elite events, and multi-base currency, as well as a dedicated senior account manager. This means traders can get a more objective perspective when it comes to monitoring their positions and making trades.
The highest account tier that is offered by the brokerage firm is their Elite + account tier. Here, there is a $250,000 initial minimum deposit. It offers everything in both the Elite and Classic account tiers, with a few additional perks. Traders can gain access to ultra-low spreads, as well as a dedicated account manager and sales trader. This means traders can have even more help when it comes to monitoring their positions, coming up with a trading strategy, and making their trades.
Like most other brokers, ADSS also offers clients a demo account for them to practice their trading strategies and techniques. As the demo account only allows for paper trading, it is entirely risk-free, making it ideal for both beginner and experienced traders. Alongside ADSS’ wide range of educational content, using a demo account can help traders master ADSS’ online interface before opening a live trading account.
Registering for a demo account is completely free for traders – there is no minimum deposit needed. The only thing a trader needs to do is to go on ADSS’ official website and input their name, email, phone number, and country of residence. They should receive a confirmation email with their demo account details in a few short minutes.
Overall, ADSS offers two different platforms for traders to access the financial markets. The first is their own bespoke trading platform, while the other is MT4. This means traders who are more familiar with the MT4 interface still have the option of using the platform when they pick ADSS as their broker. ADSS also provides traders with three live trading accounts – the Classic, Elite and Elite + tiers, each with its own perks. Like most other brokers out there, ADSS also offers a demo account, which is a great place for traders to hone their trading skills and practice their strategies in a risk-free environment. All of these things offered by ADSS can help enhance a trader’s trading experience.