These demo accounts do not expire unless you stop using them for an extended amount of time, however, if one expires you can open up a new one. Unfortunately, the data and progress from the closed account will be lost. There are no withdrawal fees which is a nice touch, but it would be nice to see more methods of withdrawal such as bank transfer or cryptocurrencies.
- For those interested in less conventional markets, exotic pairs like USD/TRY and EUR/ZAR are also available.
- Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies.
- In terms of the other trading tools, we mentioned OREX earlier in this review, it is ADSS’s own trading tool, which you can use directly on your web browser or download to your iOS and Android devices.
- You can send them an email, call them, or chat online straight from their main page.
- By minimizing latency and enhancing order execution speeds, the VPS Sponsorship Program ensures that automated strategies operate smoothly and efficiently, maximizing trading performance.
Tradable Instruments
It does not have the greatest amount of information, but it is nice that they are offering something beneficial to their customers and potential customers. If you were to join with the Elite account, then spreads are reduced and are seen to be around 1 pip on the EUR/USD currency pair. Welcome to our ADSS broker review, ADS Securities or ADSS for short was founded in 2011 and so are still a relatively young organization in terms of forex brokers. ADSS is regulated by the Central Bank of the UAE, the Financial Conduct Authority (FCA) in the UK and the Securities & Futures Commission (SFC) in Hong Kong. ADS Securities state that they were formed to deliver the highest quality products and services, we take a look at what they offer and how they perform to see if they live up to these expectations. The software comes with a tablet and mobile version and is user-friendly.
#3 Complete Financial Information
I contacted Jumana from customer support and she responded to my message quickly and was resolved within 30 minutes. All clients, regardless of the size of the deposit, can have access to Islamic accounts, but they must speak with Trading Services. Clients of ADS Securities trade through desktop and mobile terminals like MetaTrader 4 and the ADSS trading platform. Traders can trade in one click, and the use of automated advisors and scripts are allowed. ADS Securities offers 3 types of main accounts as well as a Swap-free account. The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours.
What educational resources are available?
Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor. ADSS is a reliable broker with the TU Overall Score of 7.14 out of 10.
Please note that this offer is subject to change or may become unavailable in the future. Most deposit methods are processed instantly, with bank wires taking 1–3 business days. For example, a long position on EUR/USD incurs a cost of $7.5 per lot, while a short position earns $1.7.
Withdrawal times are another little concern of ours as we do not want to be waiting a few days to get our money out. To match the interests of various traders, ADSS offers Classic and Elite account types. In addition, the broker provides a free demo version of each account and a swap-free account type for Muslim traders.
Platforms and Tools
ADSS does not charge separate fees for CFD trading; all costs are included in the spread. According to my findings, ADSS’ swaps range from average to high compared to the industry benchmark. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight.
- ADSS offers its clients a high-quality trading platform, MetaTrader 4 which is very popular among traders.
- The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription.
- ADSS offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment.
- The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.
- The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours.
- He earned a Bachelor’s degree in Economics and International Relations.
For cryptocurrency users, ADSS provides an added benefit with up to a 15% discount on each deposit made via crypto. Deposits using BTC or ETH are processed instantly, meaning as soon as the transaction is uploaded on the blockchain, the trader’s account is credited without waiting for confirmation. Additionally, ADSS does not charge any deposit fees, enhancing its appeal to cost-conscious traders. In conclusion, ADSS is a solid choice for traders looking for a reliable, well-regulated broker with a wide range of tradable assets and advanced trading tools.
For full transparency, all withdrawal fees are outlined in detail in the table below, allowing traders to review costs before choosing a withdrawal method. ADSS places a paramount emphasis on trust and safety, strictly adhering to global compliance standards to protect its traders. The platform employs state-of-the-art security measures to safeguard both personal data and client funds, ensuring that all transactions and information are securely managed. By continuously updating its security protocols, ADSS guarantees a secure trading environment for all its users. Traders are encouraged to review the broker’s comprehensive legal documentation to gain a thorough understanding of its compliance policies and regulatory adherence.
Kanak Capital Markets
ADSS minimizes non-trading fees, offering a highly transparent fee structure. The broker does not charge any fees for inactivity or deposits, allowing traders to maintain and fund their accounts without worrying about hidden costs. The only fees traders need to consider are the fixed spreads mentioned earlier.
ADSS provides access to the widely acclaimed MetaTrader platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offering a flexible and comprehensive trading experience. These platforms do not require any downloads; as long as you have a browser and an internet connection, you can access their full functionality. MetaTrader 5 (MT5), an enhanced version of MT4, offers faster order execution, more built-in indicators, advanced charting tools, improved back-testing capabilities, and greater market depth. These platforms are versatile and cater to traders at all levels, ensuring seamless trading across all devices. Forex trading is a cornerstone of ADSS’s offerings, featuring a comprehensive selection of currency pairs for traders to explore.
Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” For more experienced traders, the Elite and Pro accounts require a significant deposit of $100,000. These premium accounts come with the perk of 25% lower spreads and access to elite events, with the Pro account additionally offering spreads starting from 0 ADSS forex broker pips. ADSS is a financial institution based in the UAE, operating since 2011 under the regulation of the Securities and Commodities Authority (SCA).
The secure ADSS client portal handles all financial transactions for verified clients. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Classic account. There are currently no other active promotions at the time of writing this review, however, be sure to regularly check back in case a new promotion has come up. It appears that in the past there were other promotions active, so there is hope that there will be others in the future too. For example, if global warming makes farming difficult, soft commodity prices will increase.
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