One of the major ways retail traders can access the financial markets is through a brokerage firm. However, picking one can be very challenging. This is where research must be taken, as not all brokerage firms are created in the same way. In this review, we take a look at MENA-based broker ADSS, what it offers to traders, and what traders can expect when working with it. You can keep reading below to learn more or check out this review at https://tradingbrokers.com/reviews/adss-review/
ADSS’ background
ADSS is an award-winning leading MENA brokerage firm that provides traders with the highest quality investment opportunities and the most rewarding trading experience. This includes multi-asset trading technology, a personalised view of the markets, access to instruments and liquidity, and support from their experienced team of financial specialists.
As one of the only brokerages headquartered in the GCC, ADSS operates in the Middle East and the UK, meaning they are regulated by the SCA in the UAE and the FCA in the UK. As a responsible brokerage firm, they remain committed to offering traders a transparent, fair and competitive trading environment.
ADSS’ platform
ADSS provides two different types of platforms for traders to access the financial markets. These include the broker’s bespoke trading platform, and MetaTrader 4 (MT4). With ADSS, traderscan experience seamless trading from both desktop and mobile devices, expand their portfolio with the broker’s extensive product range, take control of how and where they trade, and trade with confidence no matter where they go.
Bespoke trading platform
With ADSS’ bespoke trading platform, traders can trade CFDs on forex, indices, shares, commodities, cryptocurrencies and more. It encompasses both local and global markets, highly competitive spreads, and does not have any commission on trades. It has also won awards such as the Best Forex Broker Middle East at the Forex Traders Summit Dubai 2022.More specifically:
Intuitive interface
Traders can keep their trading streamlined and simple a powerful yet easy-to-navigate interface that is both fast and secure. Built on cutting-edge and innovative technology, everything that a trader needs is only a click away. A demo version of the intuitive interface is also available for users. Additionally, traders can effortlessly move from analysis to trade whatever they need in only a few clicks away.
Dynamic features
Traders can discover smart features that give them easy access to all their favourite markets and find new ones. This means they can pick up where they left off with ‘Recently Viewed’ assets and keep an eye on new markets with their personalised ‘Watchlist.’ Traders can even stay in control with advanced deal ticket drop-downs, for precision order entry.
Simple charting
Simple yet highly functional and comprehensive charts allow traders to easily research a product’s price history. Users simply tap and hold or pinch and zoom to see more data, while adding indicators and changing the chart view is done at the simple touch of a button.
Seamless experience
Traders can take control of their trading without compromising on functionality or speed. This does not matter whether someone is on their mobile phone, desktop, or tablet device. On the whole, the seamless experience gives people the power to trade whenever and wherever they like.
MT4
MetaTrader 4 (MT4) is a trading platform that was developed by MetaQuotes in 2005. It is often associated with forex trading, and it is popular with many traders around the world. This is because it is highly customisable, and it can be used to automate trading with algorithms that open and close certain trades according to set parameters.
Traders who are more familiar with this platform can instead opt to use MT4 when trading with ADSS. The trading platform offers highly competitive spreads and fees, with research and training tools being available as well. There is also advanced, customisable charting, trading signals, expert advisor plugins, and automated trading. Traders also have the option of trading in 22 different languages.
Deep liquidity
ADSS also offers deep liquidity with MT4. This includes:
- CFDs on indices, equities, and commodities
- Multiple currency pairs including majors, minors and exotics
- Tiered margining, starting with leverage from 200:1 on major currency pairs
- Institutional-standard customer care and service
- Demo accounts to practice trading strategies
- In-platform access to trading tools including an economic and earnings calendar
ADSS’ accounts
ADSS provides plenty of different trading accounts for traders to take advantage of. The only thing a trader needs to do is to register and select their account to start trading. Whether they are new to trading or a seasoned professional, the brokerage firm’s trading accounts suit all needs and experience levels.
Classic
- $100 minimum initial deposit
- Competitive market spreads
- 500:1 maximum leverage
- 24/5 customer support
- Training courses and educational insights
Elite
- $100,000 minimum initial deposit
- 25% lower spreads
- 500:1 maximum leverage
- A dedicated senior account manager
- +Elite events
- Multi-base currency
Elite +
- $250,000 minimum initial deposit
- Ultra-low spreads
- 500:1 maximum leverage
- Dedicated senior account manager and sales trader
- +Elite events
- Multi-base currency
Demo account
ADSS also provides a demo account for traders to use. While the interfaces are similar, there is one big difference between a demo account and a live trading account. A demo account is entirely risk-free, meaning traders will not incur any monetary losses when trading with a demo account, but they will also not gain any monetary returns either. Unlike the above live trading accounts, opening a demo account is entirely free, so long as a trader registers with ADSS. This is considered a great way for traders to gain more hands-on experience when trading and learn how to better hone their trading skills and strategies.
Bottom line
Overall, we can say that ADSS is a great brokerage firm traders should work with. They provide plenty of things to clients, such as the platforms people can use, and the trading accounts on offer. Both trading platforms are also incredibly intuitive, easy to use, and customisable, meaning traders can trade online seamlessly and smoothly. The platforms can be accessed on both mobile and desktop devices, so traders can stay ahead of the markets anytime, anywhere.On the whole, no matter how much experience a trader has, ADSS has something tailored to their needs.
