Close Menu
    Facebook X (Twitter) Instagram
    The Genius BIZ
    • Management
    • Accounting
    • ERP
    • Sales
    • Business
    The Genius BIZ
    Home » A 2023 review of ADSS broker for UAE traders
    Business

    A 2023 review of ADSS broker for UAE traders

    Luke AndersonBy Luke AndersonJuly 15, 2023Updated:July 17, 2023No Comments6 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    ADSS is a UAE-based broker, and it is authorised by the Securities and Commodities Authority (SCA) according to UAE law while registered with the Department of Economic Development of Abu Dhabi. As it serves international traders, the broker is also compliant with the Financial Conduct Authority (FCA) in the United Kingdom.

    In this review, we will look at ADSS by examining its product offering, trading platforms available, account tiers, and customer support. We also recommend going through peer reviews of the broker to get a full and comprehensive look at its services and offerings, such as reading the ADSS Revieweek assessment for more information. If you are a UAE citizen who is looking to start trading with a broker that can offer localised services on the ground, ADSS can be a great choice – and we will demonstrate why.

    Product offering – forex spot market and various CFDs

    We will first look at the product offering of ADSS, which is, at first glance, diverse. The broker is licensed in foreign exchange spot market and derivatives trading, and they offer plenty of CFDs on various asset classes, such as indices, crypto, equities, and commodities. ADSS does not charge any trade execution commissions for traders of any account tier.

    Forex

    There are over 60 currency pairs available for trading at ADSS, including majors, minors, and exotics. Traders can trade with leverage of up to 500:1, with competitive spreads.

    Crypto

    ADSS offers CFD trading on cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, and Ethereum. Leverage for these instruments vary – with the highest being 4:1.

    Indices

    Index CFD trading is also available at ADSS, and traders can speculate on the performance of the benchmarks of global markets. Some instruments available include the DAX, the US 30, 50, and Tech 100. Traders can also access global indices across Europe and Australasia and the US. Index CFD traders can enjoy leverage of up to 333:1.

    Equities

    ADSS offers a comprehensive range of equities available for trading with leverage of up to 20:1 for those who are interested in stock CFD trading. They offer access to global markets such as the NASDAQ, the LSE, the NYSE, the HKEX, and more. As a GCC broker, they also offer shares of big names in the region.

    Commodities

    Finally, traders can take part in trading commodities with CFDs or futures, with maximum leverage of 200:1. Traders can find agricultural and energy commodities such as coffee, UK and US crude oil, natural gas, and beyond, as well as industrial and precious metals. Commodities are traded per whole tick.

    Trading platforms available

    ADSS offers the MT4 trading platform and their own bespoke solution – the ADSS trading platform.

    For those who are familiar with MT4, this is a good way to get started with the broker without having to become familiar with a new platform. They can execute trades with superior trading conditions as offered by the ADSS, and they can access the broker’s full product range.

    For those who wish to turn to the ADSS trading platform, they are also in for a treat. We had a look at the broker’s in-house development, and we are pleased to say that it offers sleek and minimalist design without compromising quality and detail. Detail is simply packed away, and it can be accessed anytime the trader wishes by clicking into and expanding modules and panels. The ADSS trading platform offers custom charting tools and indicators, and the platform updates itself dynamically, meaning traders will find their platform more tailored to them the more they use it.

    The ADSS trading platform is available on desktop, mobile, and browser. For traders who want to trade in the app, they can also find various funding options available, such as Apple Pay and Samsung Pay, which were added to the roster of payment methods compatible with the broker recently. We consider this to be a step-up, for sure, as it increases the flexibility of deposits and withdrawals greatly.

    Account tiers

    Traders can opt for a live account through three ways: opening a Classic, Elite, or Elite + account.

    Classic accounts begin at 100 USD, which in our opinion is a great way for traders to get a taste of trading if they have had no previous experience. This low barrier for entry also makes it easy for traders to start small, and then to scale up should they wish, instead of the other way round. Classic account holders can gain access to the broker’s educational resources on their website, trade with up to 500:1 leverage with competitive spreads and receive customer support from ADSS.

    Elite accounts begin at 100,000 USD, while Elite + accounts begin at 250,000 USD. These two tiers of accounts are more suited for the experienced trader who wishes to trade in high volumes or in large amounts, as they have a much higher barrier to entry. Elite and Elite + traders can gain access to exclusive events offered by the broker alongside educational resources. Elite traders can have 25% lower spreads than Classic traders, and Elite + traders even lower spreads still. And while Elite traders can have the help of a dedicated manager, Elite + traders can as well – and the latter can also gain access to a dedicated sales trader at their service.

    Demo accounts are available with 50,000 USD virtual funds, and traders can execute paper trades on MT4. They are allowed full access to the ADSS product range, and they can view live quotes and market rates, monitoring the markets just as they would with a live account. No credit card is required upon registration, and traders can reset their virtual funds upon request.

    Why ADSS? Extra benefits for UAE citizens

    Speaking of why ADSS – there are specific benefits for UAE citizens that may very well be the deciding factor for those who are contemplating creating an account with the GCC broker. UAE citizens can open a live account with the broker without much hassle, going entirely paperless in the verification process with UAEPass. Instead of going through the process of sifting through and mailing paperwork over, UAE citizens can verify their identity and fund their account with UAEPass, an entirely digital process. This perk is a great incentive for UAE citizens to work with ADSS. Customer support and the broker’s educational resources are also available in English and Arabic.

    Final thoughts

    Having reviewed ADSS in terms of its product and platform offering and account tier options, it is safe to say that the UAE-based broker presents only green flags. If you are a UAE citizen, you may also find more perks from working with a local broker for logistical reasons – such as having customer support speak your language, and having sufficient support that understands local laws and your needs as a trader in the region. However, overall, we would recommend the broker for any international trader, regardless of citizenship, if you are interested in creating a balanced portfolio with a credible and reputable broker.

     

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Luke Anderson
    • Website

    Related Posts

    How Jaden ISP Is Transforming Rural Connectivity—Thanks to the Nomad Internet Wholesale Program

    May 15, 2025

    Top Mistakes to Avoid During Home Construction

    May 15, 2025

    Why Churches Are Choosing Custom Cash Bags for Secure and Transparent Donations

    May 14, 2025
    Recent Post

    How Jaden ISP Is Transforming Rural Connectivity—Thanks to the Nomad Internet Wholesale Program

    May 15, 2025

    Top Mistakes to Avoid During Home Construction

    May 15, 2025

    Why Churches Are Choosing Custom Cash Bags for Secure and Transparent Donations

    May 14, 2025

    Top-Rated Columbus Roofing Company Offers Reliable Residential and Commercial Services

    May 13, 2025

    Why Investing in a Good Bed Is Worth Every Penny

    May 5, 2025

    AcceleratedObse Finds Rapid Success Through Nomad Internet Wholesale Program

    May 5, 2025
    Categories
    • Accounting
    • Business
    • Construction
    • Cryptocurrency
    • ERP
    • Featured
    • Finanace
    • Industry
    • Internet Marketing
    • Law
    • Management
    • Programming
    • Sales
    • Software
    • Tech
    Calendar
    May 2025
    MTWTFSS
     1234
    567891011
    12131415161718
    19202122232425
    262728293031 
    « Apr    
    Latest Post

    How Jaden ISP Is Transforming Rural Connectivity—Thanks to the Nomad Internet Wholesale Program

    May 15, 2025

    Top Mistakes to Avoid During Home Construction

    May 15, 2025

    Why Churches Are Choosing Custom Cash Bags for Secure and Transparent Donations

    May 14, 2025

    Top-Rated Columbus Roofing Company Offers Reliable Residential and Commercial Services

    May 13, 2025
    Tags
    Aluminum Castings Blackwell Auctions Boosting Online Visibility Business Finances Business Growth casting services client relationships commercial CCTV camera Constructive Feedback control systems C Squared Socia digital landscape Digital Marketing digital marketing agency Dust control Employment financial management Financial Reporting Global Market Individuals seeking Industrial Automation IT consultants IT Partner IT service provider Key Steps to Application Leadership Skills long-lasting maintenance services managing risk market predictions open banking platforms operational efficiency Precious Metals professional installation Rare Coin Collections Search Engine Optimization seo package Singapore small businesses storage options storage space strategic planning technical support trading indicators Waste disposal Workplace Safety
    Random Post

    From Good to Great: 10 Essential Steps for Quality Decision-Making as a CEO

    September 1, 2023

    Tensile Testers Offer Accurate Strength Measurements for Reliable Material Testing 

    October 7, 2024

    Scott Tominaga On Finding the Right Financial Advisor

    June 4, 2024

    How to Select the Best Noise Barrier Sheet for Specific Industrial Needs

    December 17, 2024
    • Contact Us
    • About Us
    Copyright @ 2024 thegeniusbiz.com All Right Reserved.

    Type above and press Enter to search. Press Esc to cancel.