ADSS Review Is it a Scam or Legit Broker 2023

ADSS offers customer support 24/5 via live chat, phone, and email in multiple languages. The overall customer support experience was positive, and it was prompt compared to other brokers. You can also fill out a form on their website, and they will get back to you. If you need any assistance, ADSS has a dedicated customer support team that will be more than happy to help you.

Traders can use wire transfers, credit cards, online bank transfers, Skrill, Neteller, Cash U and UAEPGS to withdraw funds from an ADSS account. The same options that are available for deposits can be used for withdrawals. Traders should note that ADSS charges a $15 withdrawal fee for all withdrawal methods. In this section, we check the broker’s market offering and how varied the instruments and asset classes are. It will allow you to check if they offer what you’re looking for and what you can trade.

The spreads will vary depending on the instruments and account type. For example, the spreads for EUR/USD at the Classic account start from 1.2 pips, while the Elite+ account offers spreads as low as 0.7 pips for this pair. Moreover, ADSS offers multilingual customer support 24/5, so you can always contact the customer support team whenever you need assistance. The customer support team of ADSS can be contacted through live chat, email, or telephone. Moreover, ADSS has also implemented Know Your Customer and Anti-Money Laundering procedures to prevent fraud and protect clients’ funds. Both the security advancements help ensure that ADSS is a reliable and safe broker for online trading.

Cryptos are always making headlines due to the dramatic and constantly changing value of the original digital currency – Bitcoin. This volatility creates opportunities for traders as prices rise and fall. You can trade crypto CFDs on Bitcoin, Ethereum and other popular digital currencies. ADSS offers 23 tutorial videos on MetaTrader 4, so both beginners and advanced traders will find something useful. The Dow Jones news feed is a valuable tool for traders who can read fx news, commodity news, economic news, and equity news. To open an account with ADSS, go to the accounts page of the broker’s website and choose the type of account you want to open.

WHY ADSS?

Clients of both entities will have negative balance protection, which means that they will not lose more money they have in their accounts. ADS Securities LLC and ADS Securities London Limited segregate the clients’ funds from the firm’s funds, which is important in case the broker has financial problems. ADSS got a high score in Trust category as it has entities that are regulated by the tier-1 FCA and tier-2 SCA . Most global clients will work with ADS Securities LLC, which is regulated by SCA. When choosing a broker, trustworthiness is one of the most important things to keep in mind. Always check the broker’s regulations, know how financially secure the firm is, and find out whether the broker is transparent and reliable.

• A customisable and intuitive user interface allows you to execute trades at market, or place pending orders.
• ADSS is a leading online broker that offers a wide range of tradable markets.
• I have been a client of ADSS since they were still considered a small broker and have never had anything but a good experience.
• That’s why they’ve put up this handy guide to answering some of the questions you might have along the way.
• Both the OREX and MT4 platforms are available on this account.
• This order is used when the trader wants to establish a position at a certain level and is not willing to pay current market prices.

Trading carries a high level of risk and may not be suitable for all investors. You should consider whether you understand the risks involved. Yes, ADSS offers swap-free Islamic accounts in compliance with Sharia law. Client monies are kept separate in segregated bank accounts, as authorised by authorities.

How do I contact ADSS customer support?

The $15 withdrawal fee is also high compared to other brokers and let’s not forget, customer support is not really useful. ADSS is a leading online broker that offers a wide range of tradable markets. Traders have the opportunity to trade assets from multiple markets and enjoy a seamless trading experience with MT4 and its proprietary software.

As for the payment methods, you can choose between Credit/debit cards, Skrill and Wire transfer. The customer support is available via Callback, Email, Live chat, Office, Phone and Web form. As for the account types, ADSS clients can choose between three trading accounts in addition to the standard free demo account.

ADSS received a high score on Research in our rating due to the solid in-house analysis and availability of news from Dow Jones. ADSS received an average score for the Account Types and Terms category. A Classic Account for retail traders and an Elite Account for pros are available. Please note that there are no Elliott Waves, an essential indicator for many pro-level traders. We tested the spread during the London open at 8am UK time and just after the US open at 2.45pm UK time. Good transparency on regulations and fees on the company’s website.

Remember that each country will have its own regulations, so live accounts will be highly variable depending on your country of origin. Remember to review these terms carefully before opening your account. The application form asks clients for personal information their name, contact number, email address, and preferred account password. After that, ADSS will require clients to verify their identity and residence through official documents. ADSS makes sure that these accounts strictly adhere to the Sharia law for Muslim traders.

Market order, which is used to buy or sell the instrument at the current marketplace. This order is used when a trader wants to establish a position as fast as possible. Typically, this order is necessary when the instrument’s price begins to move quickly.

Is ADSS regulated?

This page may not include all available products, all companies or all services. While ADSS offerssocial copy trading, we found it doesn’t stack up well against category leaders. Education and research were also a bit underwhelming, which doesn’t make the broker a great fit forbeginners. Unfortunately, ADSS does not offer any bonuses to their traders. However, clients can participate in partnership programs such as referring to a friend, Introducing Broker, and Fund Manager.

ADSS cannot accept clients from some countries due to regulatory restrictions. If your country is not accepted for any reason, please feel free to take a look at our broker comparison tool for some alternative options. Yes, ADSS is good for beginners due to solid research and educational support. This section includes a 10-part video course, how-to guides, MetaTrader 4 tutorials, webinars, a financial glossary, and FAQ. ADSS received a high score on Education in our rating due to solid courses on trading and MetaTrader 4. Trailing stop order, which is used to set a stop order that will move in case open position trends in the right direction.

You’ll be able to see a Get Starting button in the top right corner. By clicking on the button you’ll be transferred to the sign-up page. By pressing the sign-up button in green, you’ll be able to fill in the application form. Commodity prices tend to be influenced by global demand and supply. For example, if global warming makes farming difficult, soft commodity prices will increase. Wars, natural disasters, pandemics, rise in population, and other aspects can change the prices of certain commodities.

ADSS offers multiple accounts, and their spreads also differ from account to account. For instance, the spreads offered on the Classic account start from 1.2 pip, while the spreads offered on the Elite or Elite plus account start from 0.7 pips. I have been a client of ADS since they were still considered a small broker and have never had anything but a good experience. ADSS is a highly regulated and reliable online broker with unrivaled digital security and account segregation. Traders can make the most of their profiles with the advanced MT4 and OREX platforms. Traders will also not be required to pay a commission when trading with ADS.

Unique Features

The number of available forex pairs and commodities is average for the industry. Meanwhile, the broker offers a wide range of stocks and indices. However, the Elite account type offers lower spreads but the initial deposit required to open this account is $100,000. The pairs are categorized into majors, minors, and exotic pairs. It’s worth mentioning that the major pairs such as EUR/USD, USD/JPY, GBP/USD, etc. are more liquid and offer tight market spreads. It’s recommended for novice traders to trade major and minor currencies and avoid exotics such as USD/TRY, EUR/NOK, and others in order to save on spreads.

The number of available forex pairs and commodities is average for the industry, but there are other segments that deserve more attention. Also, the broker provides access to stock ADSS forex broker CFDs from various markets. As a MENA-focused broker, ADSS offers stock CFDs from the Saudi Arabian stock exchange, which may be important for the traders who live in the region.

There is also an ‘Enquiry form’ on the ‘Contact us’ page of the website. A support representative will respond by email or by calling the enquirer. On social media, ADSS is on Facebook, Twitter, LinkedIn, YouTube and Instagram.

Hugo’s Way Review

ADSS’s seminars are well-known for delivering specialised advice to traders of all levels of skill. The subjects vary from how to trade on margin to how to get the most out of your ADSS account and cover everything you need to be a successful trader. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can trade commodities, including gold, coffee and natural gas, which are a popular choice when you’re looking to unlock new opportunities.

Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how https://forexarena.net/ accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it.