Home Brokers Reviews ADSS Review – When Features Aren’t Enough

    ADSS Review – When Features Aren’t Enough

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    We reviewed ADSS and concluded that the broker offers a disappointing experience. Indeed, ADSS has its proprietary OREX trading platform and MetaTrader, and it surpasses industry leaders in features, such as research and trading tools. But the customer support is inferior to that of similar brokers.  

    In A Nutshell 

    ADSS was founded in 2011 in Abu Dhabi, with an initial capital of $400 million. It was named ADS Securities, and it evolved into a global brand, regulated by entities in the United Arab Emirates (UAE), Hong Kong and the United Kingdom (UK). 

    ADSS caters to retail traders with ADS Prime in the UAW for customers in the Gulf and other countries. The ADSS brand in the UK is for European citizens, while customers from Asia can opt for the firm’s hub in Hong Kong. The Hong Kong entity provides futures trading, and exchange-traded securities, with support in Singapore. As such, ADSS’s center in Hong Kong offers excellent regional coverage across Eurasia. 

    ADSS Review and Insights 

    We tested for five months the top 30 forex brokers for our 4th Annual review. Here are our key findings on ADSS: 

    • ADSS was founded in 2011, and it has two tier-1 licenses and one tier-two license. So, it is a low-risk broker for CFDs and forex trading. 
    • Besides MetaTrader, ADSS has its proprietary platform suite, OREX. This platform is average when compared to trading platforms from Dukascopy, IG, or Saxo Bank. 
    • ADSS provides social copy trading, but we discovered that it offers an inferior experience when compared to category leaders. Also, research and education are basic, which is why we don’t recommend it for beginner traders. 

    Feature

    ADSS

    Overall

    Trust Score

    89

    Offering Of Investment

    Fees & Commissions

    Tools & Platforms

    Research

    Mobile Trading

    Customer Service

    Education

    1. Fees and Spreads  

    ADSS fees and spreads differ based on the account you choose.

    Account types vary depending on the ADSS brand you opt for, which is determined by your location and the regulatory jurisdiction in the area. 

    UAE-based Accounts: ADSS has a UAE-based hub, which manages two accounts: Elite, and Classic. The Classic account has a minimum deposit of $100, being one of the most affordable for most traders. The downside is that it has higher spreads than the Elite account. In the Classic account, target spreads can start at 1.6 pips on the USD/EUR pair. The Elite account is similar to a VIP account, and you will have to cover for a minimum deposit of $200,000 or a trading volume of more than $500 million per month.  

    Hong Kong Accounts: ADSS has another headquarter in Hong Kong, with an average spread of 1 pip for the USD/ EUR pair from its OREX platforms. It provides a bullion account, along with futures trading and securities via its TREX platform. The deposit required is of at least $3,000. 

    Fees Summary At ADSS 

    Feature

    ADSS

    Minimum Initial Deposit

    £100

    Standard Spread USD/EUR

    1.00

    Active All-In Cost USD/ EUR

    N/A

    VIP Or Active Trader Discounts

    Yes

    2.Withdrawals And Deposits 

    For UAE-based accounts, ADSS has a minimum deposit of $100 for Classic accounts and $200,000 for Elite Accounts.

    Elite accounts have the option of trading a volume of more than $500 million per month, instead of paying the minimum deposit.  

    For Hong Kong accounts, the minimum deposit required is at least $3,000. 

    3. Web Trading Platform 

    ADSS is not a MetaTrader-only broker. It designs its offering by providing VPS hosting, add-ons, and Autochartist. 

    OREX Web: ADSS’s proprietary platform, OREX, has numerous products available when compared to its MT4 platform offering. The OREX web platform is user-friendly, simple, and offers a good user experience. Still, when we tested it, we discovered that the web platform features unfinished modules, like the economic calendar or alerts. These sections are labeled as `coming soon.` 

    OREX Desktop: ADSS has OREX Optim, a desktop version of the platform, but OREX desktop uses Silverlight. Silverlight is an outdated plugin, and we saw that it prevents you from downloading data via popular browsers. So, we do not recommend the Orex desktop platform. 

    Trading Features At ADSS 

    Feature

    ADSS

    Virtual Trading (Demo)

    ✅

    Proprietary Platform

    ✅

    Desktop Platform on Windows

    ✅

    Web Platform

    ✅

    Copy-Trading / Social Trading

    ✅

    MetaTrader 4 (MT4)

    ✅

    MetaTrader 5 (MT5)

    🚫

    cTrader

    🚫

    Charting - Indicators / Studies

    51

    Charting - Draw Trend Lines

    31

    Charting - Trend From Chart

    ✅

    Total Fields in Watchlists

    7

    Trailing Stop Order Type

    ✅

    4. Mobile Trading 

    ADSS offers a native MT4 mobile app and a proprietary OREX platform for iOS and Android devices. We tested the OREX mobile app for this review. 

    OREX Mobile Pros: The OREX mobile app highlights market and general news, along with a revenue calendar. Charting is decent if used in full-screen mode, as it offers 25 candlestick patterns and 63 indicators.

    Also, the Market Insights menu features sentiment analysis, like probabilities weightings (e.g., signal strength & confidence level). 

    OREX Mobile Cons: The OREX mobile app is short on additional tools, and it has several minor bugs. As an example, sentiment analysis is in the Market Insights section, but other categories like Technology and Energy are unavailable. 

    Mobile App Features At ADSS 

    Feature

    ADSS

    Android App

    ✅

    Apple iOS App

    ✅

    Trading - Forex

    ✅

    Trading - CFDs

    ✅

    Alerts - Basic Fields

    ✅

    Watch List

    ✅

    Watch List Syncing

    🚫

    Charting - Indicators / Studies

    30

    Charting - Draw Trend Lines

    ✅

    Charting - Trend Lines Moveable

    ✅

    Charting - Multiple Time Frames

    ✅

    Charting - Drawings Autosave

    🚫

    Forex Calendar

    ✅

    5. Markets and Products 

    The table listed below sums up various products available to ADSS customers: 

    Feature 

    ADSS

    Spot Trading Forex

    Yes

    Total Forex Currency Pairs

    56

    Total CFDs Offered

    2200

    Copy-Trading / Social Trading

    Yes

    Cryptocurrency Traded As Actual

    No

    Cryptocurrency Traded As CFD

    Yes

    6. Research 

    ADSS offers basic research experience, and you can find information on its trading platform and website.

    Some of the research content includes earnings calendars and sentiment widgets. Also, you can look at industry-standard news offered by top-tier providers like Dow Jones.  

    Research Features At ADSS 

    Asset

    ADSS

    Daily Market Commentary

    Yes

    Top-Tier Sources For Forex News

    Yes

    Weekly Webinars

    No

    AutoChartist

    Yes

    Trading Central (Recognia)

    No

    Delkos Research

    No

    Currency Pairs - Social Sentiment

    Yes

    Economic Calendar

    Yes

    7. Customer Service 

    To review the customer support experience, we teamed up with the research group Customerwise.

    Up to 330 customer service phone tests were performed for six weeks from locations all over the United Kingdom.  

    Findings 

    • Average Connection Time: >5 minutes 
    • Average Net Promoter Score: 1.0 / 10 
    • Average Professionalism Score: 0 / 10 
    • Overall Score: 0.75 / 10 
    • Ranking: 22nd (22 brokers) 

    8. Education 

    ADSS offers social copy trading.

    ADSS offers social copy trading in its Classic and Prime accounts. Still, this broker is not an industry leader for social trading. 

    9. Safety 

    ADSS is a low-risk broker, and it has an overall Trust Score of 89 out of 99.  

    This broker does not have a bank, and it is not publicly traded. ADSS has two tier-1 licenses (high trust), one tier-2 license (average trust), and no tier-3 licenses (low trust). The tier-1 regulators that authorize ADSS: The Financial Conduct Authority (FCA) and the Securities Futures Commission (SFC). 

    Regulations comparison 

    Feature

    ADSS

    Year Founded:

    2011

    Publicly Traded

    No

    Bank

    No

    Tier-1 Licenses

    2

    Tier-2 Licenses

    1

    Tier-3 Licenses

    0

    Trust Score

    89

    Bottom Line 

    ADSS is not your standard MetaTrader broker. It has its proprietary OREX platform, and it offers extra add-ons for MT4, along with more than 2200 CFDs and 60 currency pairs. 

    This broker is a good choice for active forex traders who are highly independent. Also, high net worth customers and professional day traders can use the VIP-style accounts to access additional benefits and features. Remember that your location limits the selection for account types. 

    If you expect good customer service and support if anything goes wrong with your account, choose a different broker. 

    Methodology

    The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

    Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

    Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this testing methodology for ranking what form is used in online investing.

    Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

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