ADSS Forex Broker Review 2023

For example, if global warming makes farming difficult, soft commodity prices will increase. Wars, natural disasters, pandemics, rise in population, and other aspects can change the prices of certain commodities. Contact us directly for further inquiries about our products and services. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors. Access regular market updates, which cover major events, reports, economic data, and forecasts.

Keep an eye on market moves before you place your trades – all via the brokers bespoke MT4 platform. I think there is something for everyone to trade regardless of your interests. What I like most about CFDs, is that you can speculate long (buy) or short (sell), without needing to own the underlying asset. ADSS is a leading online broker founded in 2010
that offers trading in a wide range of financial instruments, including forex,
indices, equities, cryptos, and commodities. The broker is regulated by the SCA
and offers its services through its popular MetaTrader 4 (MT4)platform and its new, in-house ADSS trading platform. ADSS offers two trading platforms to suit the needs of all levels of traders.

You can also deposit or withdraw balance at
ADSS through fiat currencies. However, the
processing time for withdrawal is up to 1-2 days which is a bit slow compared
to other brokers. This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on ADSS FX broker performance and features. The ADSS MT4 platform is available on iPhone, Android devices and tablets. Place trades 24/5, change pending orders, apply stops and limits and view real-time charts from your mobile device anytime, anywhere.

ADSS are a market leader in providing sophisticated, OTC products across a wide range of trading options and services. They use bank, non-bank and multiple regional liquidity pools to deliver a unique trading experience to retail brokers, banks, hedge funds and asset managers. The brokers bespoke MT4 platform connects you with multiple sources of regional liquidity to optimise and execute your trading strategies. They provide full-feature low latency FIX API for pricing and trading together with 24/5 support from a team of experts. ADSS offers two trading platforms for its clients to choose from, the first being the classic MetaTrader 4 (MT4) platform and the second being its proprietary platform known as OREX. While MT4 probably does not need a further introduction here, OREX is relatively unknown for traders who are new to ADSS.

Pros & cons of ADSS account types

The brokerage is based in the United Arab Emirates and tries to meet the needs of its Muslim clients. However, spreads are starting from 1.6 pips, which is very high. Keep in mind that the 1.6 number is just a broker markup and in live trading environments, spreads can get even higher due to a lack of liquidity. However, you can contact the customer support team of ADSS to
inquire about this. If you are an experienced trader, you may be
familiar with the MetaTrader 4 (MT4) platform.

Sentiment on the most heavily traded instruments in the market. A customisable and intuitive user interface allows you to execute trades at market, or place pending orders. You can also place trailing stops, stop losses, and take profit orders, all of which are designed to minimise risk.

• The unique OREX platform is simple to use, quick, and appropriate for both new and experienced traders.
• The process is simple, where ADSS will ask
  for personal documents such as a copy of passport or national ID, proof of
  address, and proof of income.
• ADSS is a regulated financial broker and offers over 1,000 trading instruments.

ADSS is not listed as a public company and has no banking licence. In addition, the broker has a $100 minimum deposit requirement which is not the lowest you will find. The broker schedules seminars and webinars occasionally, which can be a great way to learn from the experts. The questions are grouped into 3; about ADSS, trading account information and trading basics. This section attempts to answer most of the questions normally posed by prospective clients or beginner traders. I also found some useful MT4 platform tutorials for those of you who are new to the platform.

Elite account of ADSS

This is an excellent software tool that constantly scans the markets looking for trading opportunities. Tracking price changes and identifying new trading opportunities is faster and more efficiently achieved with Autochartist – a market data monitoring application. It does the hard work for you, by sorting through the clutter and letting you filter all pricing levels and patterns. You can easily access and act on the latest information in real time to stay on top of the markets’ every move.

What is the maximum leverage

The mobile trading app is perfect for those who
want to trade on the go. The mobile trading app offers all the features and
tools that are available on the desktop trading platform. The pairs are categorized into majors, minors, and exotic pairs. It’s worth mentioning that the major pairs such as EUR/USD, USD/JPY, GBP/USD, etc. are more liquid and offer tight market spreads.

What to consider when choosing a forex broker

Ally also allows you to open a $50,000 practice account so that you can see how currency trading works, even if you don’t intend to actually trade. Given the difficulty of forex trading, that’s a great resource ADSS forex broker for beginners to try it out. Interactive Brokers also began offering some cryptocurrency trading in 2021. You’ll be able to trade popular cryptocurrencies such as Bitcoin and Ethereum at attractive commissions.

Classic account

The margin call level of ADSS
is set at 80%, and the stop out level is set at 50%. It means that if your
account balance falls below 80%, you will receive a margin call from ADSS, and
if it falls below 50%, your trades will be automatically closed. Leverage at ADSS or any other broker is a
powerful tool that allows traders to trade with more money than they have in
their accounts. Leverage can be a great way to make profits, but it can also be
risky and lead to losses. The crypto CFDs at ADSS are available for
trading 24 hours a day from Monday to Friday. ADSS is among the few leading
brokers that offer CFDs on cryptocurrencies which means that you can trade
cryptos without owning them.

There are a couple different kinds of models – a dealing desk and an agency broker – and they have different incentives as they’re executing trades. You can check a broker’s registration, its disciplinary or regulatory history and financial information. When you press the online chat option, the window informs you that the broker’s usual reply time is under 4 minutes.

at ADSS broker?

You can even trade stocks on international exchanges and attach a forex order to hedge the currency at the same time. ADSS offers multilingual customer
support 24/5, so you can always contact the customer support team whenever you
need assistance. The customer support team of ADSS can be contacted through
live chat, email, or telephone. MT4 is one of the most popular trading platforms that has been adopted by most brokers and is widely used globally by millions of traders.