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ADSS Broker Review 2024

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ADSS Broker Review 2024
Economic Calendar Demo Account
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:ADSS
Founded:2010
Min Deposit:$100
Max Leverage:500
Headquarter:UAE
US Accepted:
About
ADSS provides commission-free trading in Classic and Elite accounts; however, the spread applies. Also, a flat $5 fee is incurred in withdrawals, regardless of the method. The minimum deposit for the Classic account is $100, while it goes up to $100,000 for the Elite and Pro account types. The brokerage enables copy trading through the MT4 signals platform.
Contact
8th floor, CI Tower, Corniche Road, PO Box 93894, Abu Dhabi, United Arab Emirates
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Decent Regulatory Oversight By SCA
Proprietary Platform Alongside MT4 Offering
Diverse Range Of Trading Instruments
Extensive Educational Content
Cons
Mixed Reviews and Trust Scores
High Minimum Deposits For Elite And Pro Accounts

ADSS is a financial broker with 9 awards from ForexExpo, Global Forex Awards, Forex Traders Summit Dubai, and more.

The broker features 3 live account types [Classic, Elite, Pro,] with USD and AED as their base currencies. The company is regulated by the UAE Securities and Commodities Authority (SCA).

ADSS
A comprehensive and thorough review of ADSS with pros and cons

Company Specifics & Regulating Authorities

ADSS, headquartered in Abu Dhabi, United Arab Emirates, has been serving traders for over a decade. Here's some essential information about the company:

  • Established in 2010;
  • Regulated by the UAE Securities and Commodities Authority (SCA) under the license number 1190047;
  • Particularly focused on the MENA region;
  • Located at 8th floor, CI Tower, Corniche Road, PO Box 93894, Abu Dhabi, United Arab Emirates.

It's worth noting that while SCA regulation provides some security, it's considered a mid-tier regulator compared to bodies like the FCA or ASIC.

Table of Key Details

As with the tradition of reviews on TradingFinder, in this section, we will have an overview of the main features of the broker. Let's break down the key Specifics of ADSS:

Broker

ADSS

Account Types

Classic, Elite, Pro

Regulating Authority

SCA

Based Currencies

USD, AED

Minimum Deposit

$100

Deposit Methods

Bank Transfers, Credit/Debit Cards, Skrill, Neteller, GSD Pay, Apple Pay, Samsung Pay, UAEPGS (For UAE Accounts)

Withdrawal Methods

Bank Transfers, Credit/Debit Cards, Skrill, Neteller, GSD Pay, Apple Pay, Samsung Pay, UAEPGS (For UAE Accounts)

Minimum Order

0.01

Maximum Leverage

1:500

Investment Options

Trading Signals on MT4

Trading Platforms & Apps

MetaTrader 4, Proprietary Trading Platform

Markets

Forex, Indices, Stocks and ETFs, Bonds, Commodities, Crypto

Spread

From 0 Pips on Pro Account

Commission

Low on Pro Account

Orders Execution

Market

Margin Call/Stop Out

80-100%/50%

Trading Features

Demo Account, Economic Calendar

Affiliate Program

Yes

Bonus & Promotions

Monthly Rebate

Islamic Account

Yes

PAMM Account

No

Customer Support Ways

Live Chat, Phone Call, Email, Ticket

Customer Support Hours

24/5

Trading Accounts Review and Investigation

There are various live trading accounts for clients on brokers, each with its own specifics. ADSS offers three main account types:

Account Type

Classic

Elite

Pro

Min. Deposit

$100

$100,000

Max. Leverage

1:500

Additional Features

Training Courses

Dedicated Senior Manager, Elite Events, Multi-base Currency

RM + Sales Trader, Elite Events

Also, the brokerage features a demo account for trading in a simulated environment without the risk of losing real funds.

How to Create an Account and Verify on ADSS

Getting started with this broker takes a little longer than it usually does with most brokerages, but we will help you through it. Read the quick guide below:

ADSS sign up button
Select the addressed button as shown in the screenshot to sign up with ADSS
  • Visit the website via the official URL and click "Open Account";
  • Enter your personal information, including name, country of residence, mobile number, email address, date of birth, and create a safe password;
  • Choose your platform and click "Continue";
  • Provide the additional information about your residence address, nationality, and tax details;
  • Answer the questions about your financial status and trading experience;
  • Complete your "Trader Profile".

Now, you have created an account on the mentioned broker. For identity verification, you will be required to upload personal and residential documents.

Which Trading Platforms Are Available?

Platforms act as facilities for clients to trade with a broker. ADSS offers two main trading platforms, which will be briefly discussed in the next sections.

MetaTrader 4 (MT4)

One of the most popular trading platforms in the industry with a convenient user interface and useful features and tools. Download Links:

Proprietary Platform

ADSS has developed a proprietary app and offered it beside MT4 as another platform. Download the application through the links below:

Spreads And Commissions Investigation

ADSS charges spreads and commissions on trading. In the table below, we will examine the costs of trading in different accounts with the broker:

Account Type

Classic

Elite

Pro

Spread

Market Fees

25% Lower Than Classic

Starting From 0 Pips

Commission

N/A

Low

In addition to the mentioned fees, there's a flat $5 withdrawal cost, regardless of the method. Also, a 1% currency conversion fee is charged on deposits made in currencies other than USD or AED.

Available Deposit and Withdrawal Methods on ADSS

ADSS provides a vast range of deposit and withdrawal options fitting for various regions. In this section, we will have an overall look at them:

  • Bank Transfers: Through bank accounts;
  • Credit/Debit Cards: VISA and Mastercard;
  • E-wallets: Skrill & Neteller;
  • Local Methods: GSD Pay and UAEPGS (for UAE accounts);
  • Mobile Payments: Apple Pay & Samsung Pay.

Copy Trading Tools and Other Investment Facilities

Based on our investigations on ADSS's website and platforms, currently, the broker does not directly provide any options for copy trading or other services.

However, the trading platform offered by it (MT4) enables access to signals from professional traders, which can be considered a social trading option.

Client Bonuses and Promotions

Per our investigations on the broker during the time of writing this review, ADSS currently offers only one promotion, and it's a rebate. Clients can earn a monthly rebate on trading 5 selected indices:

  • HSENG;
  • SWISS;
  • ESTOX;
  • JPN225;

If your trading volume in a calendar month reaches the required amount, you will receive a monthly rebate as a bonus. Note that this offer might change or not be available in the future.

Contact Channels and Working Schedule

Support services in a financial firm is of utmost importance, since your money is at stake. ADSS provides support through multiple methods:

  • Live Chat: On the website or through WhatsApp;
  • Email: ts@adss.com;
  • Phone: +971 2 657 2414;
  • Support Ticket System: In the "Contact" page of the website.

Unfortunately, this company does not offer 24/7 support services, and this department works 24/5.

Trust Scores of ADSS Broker

This company has received mixed reviews from its clients and traders on popular and reputable platforms such as Trustpilot and ForexPeaceArmy. Trust Reviews and Ratings of ADSS:

ADSS on Trustpilot
ADSS has received a low number of mixed reviews on the Trustpilot website
  • Trustpilot: 3.0/5, less than 20 scores, no reply from the company to negative reviews;
  • ForexPeaceArmy: 2.8/5, over 20 reviews.

While this broker is generally considered trustworthy due to its regulatory status and long-standing presence in the market, these mixed reviews suggest that trader experiences can vary, and caution is required when w

Conclusion And Final Words

ADSS is a brokerage with a 3.0 out of 5 trust score on the Trustpilot website. On ForexPeaceArmy, the company has received a 2.8/5 score.

You have the option to trade 6 markets with over 60 Forex trading pairs. The broker provides a monthly rebate bonus on 5 indices [HSENG, SWISS, ESTOX, JPN225, US2000.]

FAQs

Is ADSS a regulated broker?

Yes, the broker is regulated by the UAE Securities and Commodities Authority (SCA).

What is the minimum deposit for ADSS?

The minimum deposit for a Classic Account is $100.

Does ADSS offer MetaTrader 4?

Yes, it provides both MetaTrader 4 and its proprietary platform.

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