ADSS is an award-winning brokerage firm that is based in the UAE. It offers a highly intuitive trading platform for traders to use, as well as plenty of available markets and instruments that clients can take advantage of. That said, there may still be plenty of questions a trader may have when it comes to this investment firm. In this review, we take a look at frequently asked questions about ADSS, and what their answers are.

What licenses does ADSS have?

ADSS is one of the only brokerages that is headquartered in the GCC, and it operates in the Middle East and the UK. Therefore, ADSS is regulated by the Securities and Commodities Authority (SCA) in the UAE and the Financial Conduct Authority (FCA) in the UK. As a responsible brokerage firm, ADSS remains committed to offering traders a fair, competitive and transparent trading environment.

What accounts does ADSS provide?

We are glad that you asked! ADSS offers quite a few different account types for traders. This means ADSS is suited for traders regardless of their skill and experience level. We have broken down their differences and what they offer below.

Classic

The Classic account is considered to be ADSS’ standard account tier for traders wishing to trade live in the markets. It has a minimum initial deposit of $100 and provides highly competitive market spreads. It also offers a maximum leverage of 500:1, with 24/5 customer support. ADSS further offers training courses and educational materials for traders looking to improve their trading strategies and techniques.

Elite

The Elite account tier is considered to be ADSS’ second account tier. It has a minimum initial deposit of $100,000. It offers everything already in the Classic account, with a few additional perks. These include having 25% lower spreads, +Elite events, multi-base currency, as well as a dedicated senior account manager who can help clients to monitor their trades.

Elite+

The Elite+ account is ADSS’ highest account tier provided to traders. It has a minimum initial deposit of $250,000 and offers everything already in both Classic and Elite accounts, with a few additional perks. These include providing ultra-low spreads, +Elite events, and multi-base currency, as well as a dedicated account manager and sales trader. This gives traders more assistance when it comes to placing and monitoring their trades.

Demo accounts

Aside from offering live trading accounts, ADSS also provides a demo account for traders to use. This demo account is completely free, provided traders have registered an account with ADSS. Unlike the live trading accounts, the demo account is only available through MT4, and it only allows for paper trading. This means trades take place in a simulated environment, so it is entirely risk-free, though traders cannot gain anything monetarily either. This is considered a great way for traders to test out new trading strategies, as well as improve their trading skills.By opening a demo account with ADSS, traders gain US$50,000 of virtual money to start trading, and they can experience live spreads and prices on a wide range of markets and currency pairs.

How can traders fund their accounts?

When it comes to funding their trading accounts, traders can do so in a variety of ways. These include more traditional methods such as bank wire transfers, credit cards, and online bank transfers, as well as newer methods such as digital payment platforms. These include Neteller, Cash U, and Skrill – recently ADSS has also allowed for Samsung and Apple Pay. ADSS is also the only brokerage firm in the UAE to offer funding via UAEPGS. This is a transfer payment gateway from the Central Bank of the UAE;however, this service is only provided for UAE residents.

Does ADSS provide any educational materials?

For traders who are worried about not having enough experience, there is no need to panic. In fact, ADSS does provide traders with plenty of educational materials. These resources can be found on the broker’s official website. Here, we break down a few materials that the brokerage firm offers.

Platform guides

ADSS provides platform guides for traders who may be unfamiliar with using their bespoke trading platform. This can be found on the broker’s official website under the ‘learn’ section. Some of the guides provided include how to navigate the platform, how to place a trade, how to close a position, how to edit working orders, and more. The guides are also bilingual, in both English and Arabic, which is great for traders whose first language may not be English.

Glossary

ADSS also provides a comprehensive financial glossary for traders who are unfamiliar with certain technical and financial jargon. The glossary contains key terms that usually crop up with traders, such as ‘asset’, ‘ask price’, ‘base currency’, ‘cash settlement’ and more. In fact, the glossary is structured in alphabetical order, to make it easy for traders to sift through. This way, traders can better understandthe financial terminologies used, allowing them to focus more on making trades instead of finding out what a particular word means. As a GCC-based brokerage firm, the glossary is bilingual, in both Arabic and English.

Video tutorials

There are also video tutorials the broker has on their website. These videos are part of a 10-part video course, where traders can learn more about certain trading topics. This includes trading terminology, the foundation of forex, how to read a basic trading chart, an introduction to technical analysis, and more. This is great for traders who prefer something more interactive and engaging, rather than simply reading an article.

Market and newsanalysis

ADSS also offers market and news analysis that can be found in theAnalysis tab on their website. Much as its name suggests, ADSS’ team of financial specialists analyse certain news that could potentially impact the financial markets. These analyses also include hypotheses on how a certain current event could impact trader’s positions. This is a great way for traders to keep up to date with what is happening, so they can be prepared when monitoring their positions.

Bottom line

Overall, ADSS proves to be an incredibly versatile brokerage firm. It offers different accounts that can accommodate different types of traders, as well as different ways to fund the accounts. The investment firm also offers plenty of educational insights and materials that could potentially help traders improve, thereby positively impacting their overall trading experience.