These promotions may include holiday bonuses, trading contests, and cashback rewards, providing traders with opportunities to earn extra rewards based on their trading activity during specific periods. ADSS hosts seasonal promotions that coincide with major holidays, trading events, and market milestones. This program creates a mutually beneficial arrangement, encouraging traders to share their positive experiences and expand the ADSS community. For each successful referral that opens an account and meets the trading criteria, both the referrer and the new trader receive a bonus. ADSS rewards traders who refer friends and colleagues to the platform through its Referral Program. This bonus is designed to give new traders an extra boost as they start their trading journey, allowing them to explore more trading opportunities without risking additional capital.
- Unfortunately, the educational content does not cater to more experienced traders and does not cover all the important topics one would need to begin a profitable trading career.
- Traders from these regions are prohibited from opening accounts or accessing ADSS’s services.
- OREX is appropriate for market monitoring and analysis, placing trades, and keeping up with market news updates.
- The primary platforms include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and ADSS Trader, ensuring that traders can access the markets 24/5 from any device.
Withdrawal Fee
However, overnight charges were notably high during my testing, which could impact traders holding positions long-term. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. I performed my tests on the web version of the ADSS platform and the mobile app version of MT4. During the New York open, I recorded a 0.02-pip crude oil spread with ADSS—one of the lowest WTI spreads in the industry.
Trading Fees
ADSS offers a variety of convenient deposit options, ensuring that traders can fund their accounts quickly and efficiently. ADSS does not charge any fees for deposits, making it cost-effective for traders to fund their accounts. These features make ADSS a solid choice for both new and experienced crypto traders looking to diversify their investment strategies and capitalize on the dynamic nature of the cryptocurrency markets.
Deposit & Withdrawal
When reviewing a broker, we assess if it suits different trading strategies and trader profiles. Trading costs are mixed, but my live testing showed that crude oil spreads are among the lowest in the industry, making ADSS a strong pick for commodity traders. Ensure that you have enough trading experience, knowledge and full comprehension of potential risks involved. The support team is multilingual, ensuring effective communication with clients from various regions and providing clear and comprehensive assistance in their preferred language.
However, the broker stands out with some of the lowest crude oil spreads in the industry, making it a strong option for commodity traders. My testing showed that ADSS spreads vary significantly across markets, ranging from low to above the industry average. Unlike other platforms like MT4, this feature helps the user make informed trading decisions in an instant. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. The broker keeps client funds in segregated accounts and operates on a ‘best execution’ basis.
- Both Elite and Pro account holders benefit from dedicated senior management and sales traders, enhancing the trading experience with personalized support.
- The Standard Account features zero commissions, but spreads vary, often exceeding the industry average on popular pairs.
- ADSS is one of the better and more reliable CFD brokers I have traded on.
- ADSS presents clients with a well-regulated entity and maintains a secure trading environment.
- Setting up a new account takes less than 15 minutes, making the onboarding process quick and hassle-free.
- This is vital for new traders who may need some time to become acquainted with trading jargon.
ADSS Swaps
This is unusual and not consumer-friendly, as most brokers publish all their deposit and withdrawal fees on their websites. The benefit of using a third-party platform such as MT4 is that traders can use the same platform should they choose to migrate to another broker. Although MT4 is now showing its age, it is still considered one of the best CFD trading platforms globally. Swap-Free accounts are available on FX and precious metals to traders who do not want to pay or receive overnight charges. As mentioned previously, these trading fees are significantly higher than other brokers. Spreads tighten, and traders have access to more benefits with increasing deposit amounts.
Customer Support
I reviewed ADSS thoroughly to evaluate the competitiveness of its trading environment. For over a decade, DailyForex has been the trusted Forex broker authority, establishing an unrivalled reputation for rigorous research and journalistic integrity. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis.
What is the minimum deposit at ADSS?
The most ignored trading costs are swap rates on leveraged overnight positions. Traders with deposits exceeding $250,000 get a cost structure starting at 0.7 pips. Which MENA broker is perfect for you will depend on your client needs, so read on to find out more. The management team is skilled and knowledgeable, it segregates client deposits from corporate funds. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.
On the plus side, there are no inactivity or deposit handling fees, but withdrawals come with a $5 processing fee. On top of that, ADSS does not offer free Virtual Private Server (VPS) hosting, a key tool for low-latency trading that many high-frequency traders rely on. The platform also includes a built-in strategy tester, enabling traders to fine-tune their algorithms before going live. On the other hand, the broker provides a wide range of futures contracts tailored for longer-term trading. While ADSS’s spreads are mostly varied, commodity traders can take advantage of its rock-bottom crude oil spreads.
The content comprises featured trading ideas, detailed market breakdowns, a news screener, and more. ADSS platform is a decent tool for spotting intraday trading setups. To achieve this, we evaluate the availability of the necessary features and tools.
If that is something you are looking for in a broker then you may wish to have a look at Axi instead. However, the broker does not accept cryptocurrency payments at the moment. Credit and debit cards are accepted for deposits and withdrawals.
Coupled with its extensive educational resources, dedicated customer support, and innovative trading platforms, ADSS equips traders with the tools and support needed to navigate the financial markets effectively. ADSS offers a single live commission-free accounts with a minimum deposit requirement of 500 USD, making it accessible to beginner traders. With a minimum deposit of $10,000, this account provides access to tighter spreads and advanced trading tools. ADSS’s Standard account is ideal for beginner traders, requiring a minimum deposit of just $100 while offering access to all available trading instruments on the platform.
FIX API is an electronic standard for exchanging financial data. Indicators and sketching tools are ADSS forex broker used in technical analysis. The trading software is simple to use and connects quickly with no latency. OREX is appropriate for market monitoring and analysis, placing trades, and keeping up with market news updates. The platform is simple to use and works with all operating systems. It is web-based, which means it can be accessed using most current web browsers without the need for any additional downloads or installs.
ADSS Swap Fees
ADSS stands for Abu Dhabi Securities Source and is an online CFDs and forex broker that can cater for both individual and corporate clients. FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis. From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape.
With a $100 deposit, zero commissions, and floating spreads from 1.4 pips, ADSS’ Standard account offers pretty typical conditions for retail traders. Casual traders can benefit from ADSS’s low deposit requirement of only $100, versatile trading platform with a user-friendly design, and robust market research. The broker’s objective is to offer attractive spreads across all account types, ensuring traders can benefit from cost-effective trading regardless of their account tier.
