Questions Regarding MENA Broker ADSS
When it comes to choosing a broker, it is best you ask yourself a few questions before committing to one. These include what are its licenses and regulations (and if it is licensed), what services and products it offers, what accounts the broker provides, and if there are any educational materials for use. This way, traders can better understand whether the broker they have chosen is the right one for them. In this ADS Securities review, we take a look at what MENA broker ADSS provides to its clients.
What are ADSS’ licenses and regulations?
ADSS is one of the only brokerages headquartered in the GCC region, and they operate in both the Middle East and the UK. This means the brokerage firm is regulated by the SCA in the UAE and the FCA in the UK. As a responsible broker, they are committed to offering traders a fair, competitive and transparent trading environment. This means funds are incredibly secure, so traders can breathe a sigh of relief without worrying about anything.
What accounts does ADSS offer?
ADSS currently offers a few different trading accounts for traders to use. There are three live trading accounts and one demo account. This means whether someone is new to trading or a seasoned professional, their trading account suits all needs and experience levels, regardless of the kind of trader.
ADSS’ Classic account tier is their standard account tier. It requires a $100 minimum initial deposit before traders can access the markets live. It provides highly competitive market spreads, 500:1 maximum leverage, 24/5 customer support, training courses and educational resources so traders can improve their trading techniques.
The Elite account is the second account tier of ADSS. It requires a $100,000 minimum initial deposit before traders can access the live markets. Aside from everything already in the Classic tier, it offers 25% lower spreads as well as a dedicated senior account manager, + Elite events, and multi-base currency. This is great for traders looking for more assistance and a more objective view of the markets.
The Elite + account is the third and highest live account tier of ADSS. It requires a $250,000 minimum initial deposit before traders can access the live markets. Aside from everything in both the Classic and Elite tiers, it offers ultra-low spreads, a dedicated senior account manager and a sales trader, giving traders even more assistance when making better-informed trades.
ADSS also provides a demo account for traders looking to try before heading over to the live markets. The demo account is only available through MetaTrader 4 (MT4), another popular trading platform. As everything is done in a simulated environment, this means trading is entirely risk-free. That said, this also means traders cannot gain anything monetarily as well. This makes it a great way for traders to educate and improve their trading skills and strategies. Registering is completely free of charge, so long as one already has registered an account with ADSS.
What educational materials does ADSS provide?
Aside from trading tools, ADSS also offers some educational materials and resources for traders to use. This can help them improve their trading skills or make their trading journey easier when they know what to look out for. Below we take a look at some educational materials provided by the brokerage firm.
Traders can improve their knowledge and get the inside track on trading with ADSS’ suite of educational articles, user guides, as well as an economic calendar and analysis tools including news directly from the Dow Jones. There is also a platform guide so that traders can familiarise themselves with ADSS’ bespoke trading platform. These guides are available in both English and Arabic.
For traders looking for something slightly more engaging, they can learn how to become an expert with the broker’s 10-part video course series for new investors. They can expand their knowledge on everything from pricing and trend patterns to fundamental and technical analysis.
Traders looking for something more interactive can use these resources to gain insights into trading currency pairs and CFDs on indices, commodities, equities and more. ADSS even hosts regular exclusive webinars for their new traders to introduce them to the markets, along with sessions on how to use their new platforms.
ADSS provides a financial glossary on their official website free of charge. It can be found under the ‘Learn’ section of the site. The glossary lists popular financial terms and their definitions, such as ‘asset’, ‘equity’, ‘in-the-money' and more. The terms are listed in alphabetical order, to make it easier for readers to get through and find the terms they are looking for. Traders can use it to familiarise themselves with terms they may not have previously come across, making their trading experience a lot smoother. The glossary is also bilingual in both English and Arabic, which is great for people whose first language is not English.
What awards has ADSS won?
Since 2010, ADSS has won plenty of awards, such as the Most Trusted Forex Broker from Fazzaco Expo Dubai 2022, and the Best Forex Trading Innovation from the Global Forex Awards 2021. The brokerage firm is also regularly recognised by industry peers for its commitment to excellence, quality trading platforms, and exceptional customer service. This means they are considered the trusted and innovative choice for all traders everywhere.
How can I withdraw and fund an account?
Traders can fund their accounts in various ways with ADSS. These include using traditional methods such as bank wire transfer, credit card, and online bank transfer, as well as newer digital payment platforms like Skrill, Neteller and Cash U, in addition to the recently added Samsung and Apple Pay. They are also the only broker in the UAE to offer funding via UAEPGS, the transfer payment gateway from the Central Bank of the UAE. Traders can even request to withdraw funds via the same options.
Overall, here are some of the answers to the frequently asked questions regarding ADSS. As we can see, ADSS provides a lot of resources for novice traders, and even professional traders can still make use of them. It also offers traders a lot of convenience when it comes to funding an account, making the trading experience a lot smoother.