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The WikiFX Score of this broker is reduced because of too many complaints!

ADSS

United Arab Emirates|5-10 years|
Retail Forex License|MT4 Full License|Hong Kong Dealing in futures contracts & Leveraged foreign exchange trading Revoked|High potential risk|

https://www.adss.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

ADSS-Demo

Hong Kong
MT4
13

Influence

A

Influence index NO.1

United Arab Emirates 8.03
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

13
Server Name
ADSS-Demo MT4
Server Location Hong Kong

Influence

Influence

A

Influence index NO.1

United Arab Emirates 8.03

Surpassed 67.61% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+971 2 657 2414
cs.asia@adss.com
https://www.adss.com/
8th floor, CI Tower Corniche Road PO Box 93894 Abu Dhabi United Arab Emirates

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+971 2 657 2414

Other ways of contact

Broker Information

More

Company Name

ADS Securities LLC

Abbreviation

ADSS

Platform registered country and region

United Arab Emirates

Company website
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Warning: Low score, please stay away! 3
Previous Detection : 2024-07-27
  • The number of the complaints received by WikiFX have reached 18 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • China Hong Kong SFC (license number: AXC847) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

ADSS · WikiFX Survey
Danger A Visit to ADSS in UK -- Finding No Office
United Kingdom

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Total Margin Trend

  • VPS Region
  • User
  • Products
  • Closing time
  • Taipei
  • 283***
  • BITCOIN
  • 07-27 03:02:22
  • Dubai
  • 993***
  • XAUUSD
  • 07-26 20:30:00
  • Bangkok
  • 617***
  • XAUUSD
  • 07-26 20:30:00

Stop Out

1.39%

Stop Out Symbol Distribution

6 months

Sources
Language
Mkt. Analysis
Creatives

ADSS · Company Summary

Registered Country/Region United Arab Emirates
Regulation FCA
Minimum Deposit $100
Maximum Leverage 1: 500
Minimum Spreads 1.9 pips on the EUR/USD pair
Trading Platform MT4 trading platform
Demo Account Available
Trading Assets Forex (major currency pairs and minor currency pairs), 16 Indices, Commodities, and CFDs
Payment Methods Bank Wire Transfer, BipiPay, GSD Pay, Neteller, Skrill
Customer Support 5/24, email, phone

General Information

ADS Securities LLC (“ADSS”) is a limited liability company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates. ADSS is authorised and regulated by the Central Bank of the United Arab Emirates. ADSS began operations from Abu Dhabi, United Arab Emirates (UAE) since 2011. Today, the broker has offices in Hong Kong, Singapore and London, UK. It boasts of over 150,000 individual clients and about 400 institutional clients from all over the world.

With tradable assets such as indices, forex, equities, cryptocurrencies, and commodities, traders can diversify their portfolios and take advantage of market opportunities. The company provides multiple account types, including Classic, Elite, and Elite+, to cater to traders with different preferences and capital sizes. Traders can choose between the ADSS Platform and the MT4 platform for their trading activities.

ADSS is regulated by the Financial Conduct Authority (FCA), providing traders with a level of trust and security. However, it's important to note that the regulatory status of the Securities and Futures Commission of Hong Kong (SFC) is listed as “Revoked,” which may raise concerns for some traders.

basic-info

Pros and Cons

ADSS has its strengths and weaknesses. It offers a range of features and services that may appeal to traders, while also having certain limitations that need to be taken into account. It's important for traders to assess the overall picture and consider these factors before deciding to trade with ADSS.

Pros Cons
Wide range of tradable assets Regulatory status of the SFC in Hong Kong listed as “Revoked”
Leverage of up to 500:1 Withdrawal fee of $15
Multilingual customer support Potential payment provider fees for deposits
Educational resources and access to webinars/seminars Limited trading options (no options trading or ETFs)
Significant Research Tools

Is ADSS Legit?

ADSS is regulated by the Financial Conduct Authority (Regulation No. 577453) and the Securities and Futures Commission of Hong Kong (Regulation No. AXC847). However, the regulatory status of the Securities and Futures Commission of Hong Kong (license number: AXC847) is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

regulation
regulation

Market Instruments

ADSS offers a wide range of trading instruments to cater to different market preferences. Traders can access global markets and choose from various options to diversify their portfolios.

Indices: Traders can trade indices CFDs on ADSS's platform, providing exposure to major indices like Nasdaq, S&P, FTSE, and Dax. With competitive spreads and leverage of up to 333:1, traders can take advantage of market moves and trade on both long and short positions.

indices

Forex: ADSS allows traders to trade forex pairs with their user-friendly trading platform. With no hidden fees and competitive spreads, traders can access major, minor, and exotic currency pairs, such as EUR/USD and NZD/CHF. The market-leading leverage of 500:1 on FX majors offers increased trading power.

market-instruments

Equities: Traders can take positions on equities listed on global stock exchanges, including major players from the GCC region. By trading CFDs on equities like Netflix, Tesla, and Apple, traders can capitalize on volatility and benefit from favorable spreads.

market-instruments

Cryptos: ADSS enables traders to participate in the cryptocurrency market by offering CFDs on leading cryptocurrencies like Bitcoin. Traders can take advantage of 24/5 trading, competitive spreads, and the opportunity to go long or short on the price movements of cryptocurrencies.

market-instruments

Commodities: Traders can benefit from market volatility by trading CFDs on spot commodities, futures, and commodity-linked ETFs. With 0% commission on trades, traders can access popular commodities such as gold, oil, and coffee. Trading commodities on ADSS provides a simplified approach compared to commodity futures.

market-instruments

Here is a comparison table of trading instruments offered by different brokers::

ADSS RoboForex Pocket Option Tickmill EXNESS Group AMarkets
Forex Yes Yes Yes Yes Yes Yes
Metals Yes Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes No
CFD Yes Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF No Yes No No No No
Options No No No No No No

Account Types

ADSS provides a range of account types to suit the diverse needs of traders, including Classic Account, Elite Account, and Elite+ Account.

Classic Account:

The Classic account is designed for traders who want to start with a minimum deposit of $100. This account offers market spreads, allowing traders to participate in the financial markets at favorable rates. With a maximum leverage of 500:1, traders can potentially amplify their trading positions. The Classic account also includes 24/5 support and access to training courses, providing traders with the necessary resources to enhance their trading skills.

Elite Account:

For traders with larger capital and seeking additional benefits, the Elite account requires a deposit of $100,000. With this account, traders enjoy spreads that are 25% lower compared to the Classic account, resulting in potentially reduced trading costs. Similar to the Classic account, the Elite account offers a maximum leverage of 500:1, enabling traders to take advantage of larger trading positions. Elite account holders receive dedicated support from a Senior Manager, ensuring personalized assistance and guidance. They also gain access to exclusive Elite events and have the flexibility of multi-base currency options.

Elite+ Account:

For elite traders with significant capital, the Elite+ account requires a deposit of $250,000. Elite+ account holders benefit from ultra-low spreads, which can further minimize their trading costs. With a maximum leverage of 500:1, traders have the potential to engage in larger trading positions. In addition to personalized support from a Manager and Sales Trader, Elite+ account holders enjoy exclusive Elite events and the convenience of multi-base currency options.

ADSS offers these different account types to accommodate traders with varying capital sizes and provide them with tailored features and benefits that suit their trading objectives and preferences.

account-types

How to Open an Account?

  1. Visit the ADSS website. Look for the “Open Account” button on the homepage and click on it.

open-account

2. Open your account by providing the required information. For UAE residents, ADSS offers the option to register with UAE Pass, making the account setup process convenient and efficient.

open-account

3. After filling out the application and uploading documents, the system will open a personal account for the client.

4. Deposit funds into your account using options such as UAEPGS, Apple Pay, or Samsung Pay. These payment methods offer flexibility and security, allowing you to easily and securely fund your trading account.

5. Download the platform and start trading

Leverage

ADSS offers leverage for trading in different instruments:

Indices: Trade major indices such as FTSE, S&P500, Dow Jones, German Dax, Nasdaq, and CAC 40 with leverage of up to 333:1.

Forex: Access major currency pairs like EUR/USD, GBP/USD, USD/JPY, as well as minor and exotic pairs with leverage of up to 500:1.

Equities: Take positions on UK shares, US shares, German shares, Saudi shares, and other euro shares with leverage ratios varying from 4:1 to 20:1.

Cryptos: Trade popular cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin with leverage ratios ranging from 2:1 to 4:1.

Commodities: Engage in trading commodities such as US Crude, Gold, Silver, Coffee, Natural Gas, and Copper with leverage ratios ranging from 20:1 to 200:1.

Note: Leveraged trading involves risks and should be carefully considered.

Here is a comparison table of maximum leverage offered by different brokers:

Broker ADSS RoboForex Pocket Option Tickmill Exness AMarkets
Maximum Leverage 1:500 1:2000 1:500 1:500 1:3000 1:3000

Spread & Commissions

ADSS, like most brokers, makes a profit from spreads instead of charging commissions. Prices are competitive and traders can view current prices at any time. For CFDs and forex pairs, you can view the value, the change, the percent change, the open, the high, the low, and the previous. You can also view the required margin in percentage.

The broker does offer variable or fixed spreads. The target spreads for EUR/USD range from 1.6 to 2.4 pips depending on account type.

The Classic Account with a minimum deposit of $100 makes it more affordable for the most conservative traders, yet it carries higher spreads than the Elite account type. In the Classic account, target spreads drop to 1.6 pips on the EUR/USD. In contrast, ADSSs most competitive offering is the Elite account which requires a $200 000 deposit or a trading volume of more than $500 million per month. It comes with perks beyond discounted spreads.

Other spreads that traders can expect when trading with ADS Securities are:

GBP/USD Average: 1.1 pips

USD/JPY Average: 1.1 pips

AUD/USD Average: 0.8 pips

USD/CHF Average: 2.3 pips

Non-Trading Fees

There is a $15 processing fee per withdrawal, plus additional fees may be applied on the bank's side. The broker does not charge commissions for depositing funds, and there are no fees for inactivity on the account.

Trading Platforms

ADSS provides two trading platforms for its clients: ADSS Platform and MT4 (MetaTrader 4)

  1. ADSS Platform: The ADSS platform offers essential functionalities such as a product page, order ticket, charting tools, blotters, account summary, and funding options. It provides traders with an overview of relevant information, including price evolution charts, daily statistics, instrument overviews, and product access details. By expanding the view, traders can access additional trading information such as order sizes, margin requirements, commissions (if applicable), and overnight holding costs. The platform also displays any active working orders for efficient position management.

trading-platform

2. MT4 (MetaTrader 4): ADSS offers access to the widely recognized MT4 platform, known for its advanced charting capabilities, fast trade execution, and extensive range of technical analysis tools. Traders can benefit from the features and flexibility of MT4, including its user-friendly interface and robust functionalities. ADSS has customized the MT4 platform to ensure a secure and efficient trading experience for its clients.

trading-platform

Both platforms provide traders with the necessary tools and features to meet their trading needs. They offer charting options, order placement capabilities, and execution efficiency to enhance the overall trading experience.

Deposit & Withdrawal

ADSS offers multiple deposit and withdrawal methods for its clients. Deposits can be made using methods such as bank wire transfer, credit card, online bank transfer, Skrill, Neteller, and Cash U. Notably, ADSS stands out as the only broker in the UAE that provides funding through UAEPGS, a local payment gateway. Clients can also withdraw funds using the same options available for deposits.

While ADSS offers a diverse selection of deposit and withdrawal methods, it's important to consider that the broker applies a withdrawal fee of $15 for all withdrawal transactions. This withdrawal fee has had a negative impact on the broker's overall rating. On the other hand, ADSS does not impose any charges on deposits, although clients should be aware that their payment providers may apply fees.

There are many ways to deposit funds into ADSS accounts, so clients will have enough options to choose from. As a MENA-focused broker, ADSS provides the opportunity to use the local UAEPGS (UAE Payment Gateway Services) solution. Traders should note that there is no deposit fee at ADSS.

Deposit Method Base Currencies Fees
Wire Transfer USD No
Credit Card USD No
Online Bank Transfer USD No
Skrill USD No
Neteller USD No
Cash U USD No
UAEPGS AED No

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.

Withdrawal Method Base Currencies Fees
Wire Transfer USD $15
Credit Card USD $15
Online Bank Transfer USD $15
Skrill USD $15
Neteller USD $15
Cash U USD $15
UAEPGS AED $15

Customer Support

The ADSS customer support team is multilingual and can be reached 24/5. The quickest way to get support is to use the instant web chat facility on the website. 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. There are several phone lines provided by the support team. They can also be reached through email and fax. On social media, ADSS is on Facebook, Twitter, LinkedIn, and Instagram.

Client Enquiries:

Email: ts@adss.com

Phone: +971 2 657 2414

Address:

8th floor, CI Tower

Corniche Road, PO Box 93894

Abu Dhabi, United Arab Emirates

customer-support

Educational Resources and Community Support

ADSS provides a range of educational resources and community support to help traders enhance their skills and knowledge:

1. Learning Materials: ADSS offers a variety of learning materials, including trading guides, video tutorials, and a comprehensive financial glossary. These resources empower traders by providing them with the necessary information and understanding of trading terms and concepts.

2. Seminars and Webinars: ADSS organizes seminars and webinars conducted by industry experts. These events serve as valuable learning opportunities for both beginner and experienced traders. Participants can gain insights, learn new strategies, and stay updated on market trends.

3. FAQ Section: ADSS has a dedicated page that addresses common questions and provides answers related to ADSS, trading account information, and trading basics. This section aims to assist prospective clients and beginner traders by addressing their queries and providing helpful information.

4. MT4 Platform Tutorials: ADSS offers tutorials specifically designed for traders who are new to the MT4 platform. These tutorials provide step-by-step guidance on using the platform effectively, helping traders navigate its features and functions.

5. Educational Webinars: ADSS conducts educational webinars that cover various topics, including the risks and rewards of trading. These webinars provide valuable insights and guidance to traders, enabling them to make informed trading decisions.

6. Training Workshops: ADSS organizes training workshops in the UAE and UK, offering traders the opportunity to enhance their trading skills through practical training sessions.

These expert educational resources, seminars, webinars, tutorials, and workshops collectively support the ADSS trading community, fostering continuous learning and improvement among traders.

educational-resources

User Experience and Additional Features

ADSS offers a range of user experience enhancements and additional features to support traders in their trading activities. Traders can access exclusive market analysis provided by the research team, which includes daily and weekly market emails. These emails provide insights into market trends, fundamental analysis, and market sentiment on widely traded instruments. This information can assist traders in staying informed about the market conditions.

Furthermore, ADSS offers daily analysis and trading ideas delivered directly to traders' inboxes. This feature keeps traders updated on the latest market developments and provides potential trading opportunities. Additionally, ADSS provides technical data, including forex analysis via Autochartist trade set-ups, which can help traders analyze market trends and make informed trading decisions.

These user-friendly features and additional resources aim to enhance the trading experience for ADSS clients. By providing market analysis, trading ideas, and technical insights, ADSS supports traders in their decision-making process and helps them stay informed about market conditions.

user-experience

Conclusion

ADSS is a regulated brokerage company that provides traders with access to various financial markets and a range of account types to suit their needs. While it offers advantages such as competitive spreads, leverage, and multilingual support, there are also disadvantages to consider, including the abnormal regulatory status of the SFC and the withdrawal fee. Traders should carefully evaluate these factors before deciding to trade with ADSS.

Pros Cons
FCA-Regulated MT5 trading platform is not availabl
MT4 trading platform Lack of a comprehensive trading academy
Demo & Islamic accounts available Clients from some countries are not allowed to register
Professional customer support No 7/24 customer support available
Acceptable minimum deposit of $100
Competitive spreads and fees

FAQs

Q: Is ADSS regulated?

A: ADSS is regulated by the Financial Conduct Authority (FCA) and the Securities and Futures Commission of Hong Kong (SFC). However, it's important to note that the regulatory status of the Securities and Futures Commission of Hong Kong (SFC) is listed as “Revoked.”

Q: What are the tradable assets offered by ADSS?

A: ADSS offers indices, forex, equities, cryptocurrencies, and commodities as tradable assets.

Q: What are the different account types offered by ADSS?

A: ADSS provides Classic, Elite, and Elite+ account types to cater to traders with different capital sizes.

Q: What is the minimum deposit required to open an account with ADSS?

A: The minimum deposit required to open an account with ADSS is $100.

Q: What is the maximum leverage offered by ADSS?

A: ADSS offers leverage of up to 500:1.

News

Why Did ADSS Exit UK?!

NewsWhy Did ADSS Exit UK?!

2023-07-17 17:22

ADS Securities London Limited (ADSSL), a subsidiary of ADSS, is winding down its operations in the UK following a strategic decision by its parent company, while reporting strong financial results and experiencing key executive departures.

WikiFX
2023-07-17 17:22
News
Why Did ADSS Exit UK?!
ADSS Decides to Shut Down its London Operations and Withdraw from UK Market

NewsADSS Decides to Shut Down its London Operations and Withdraw from UK Market

2023-07-17 14:54

ADSS, an Abu Dhabi-based broker, has announced plans to shut down its London operation and withdraw from the UK online trading market. This significant shift follows a drop in the company's revenues and the loss of several top executives.

WikiFX
2023-07-17 14:54
News
ADSS Decides to Shut Down its London Operations and Withdraw from UK Market
Regulatory status update this week, be sure to stay away from the following platforms!

ExposureRegulatory status update this week, be sure to stay away from the following platforms!

2022-11-23 17:15

A wise trader should know the brokers’ regulatory information as early as possible. WikiFX brings you the latest information about brokers whose regulatory license status has changed within a week, so we hope you can avoid these risks.

WikiFX
2022-11-23 17:15
Exposure
Regulatory status update this week, be sure to stay away from the following platforms!

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