ADSS Forex Broker

ADSSReview SummaryFounded2003-10-12Registered Country/RegionUnited Arab EmiratesRegulationRegulated(SCA), HK(Revoked)Market InstrumentsIndices/Forex/Equities/Cryptos/Commodities/Bonds/ETFsDemo Account✅LeverageUp to 1:500SpreadEUR/USD: from 0.7 pipsTrading PlatformMT4(Desktop/Mobile(iOS/Android))Min Deposit$100Customer Support(24/5)Email: ts@adss.comPhone: +971 2 657 2414Facebook/Twitter/LinkedIn/YouTube/Instagram/TelegramLive chatADSS Information ADSS is a MENA broker that specializes in online trading and provides both beginner and professional traders with access to various opportunities across global financial markets including indices, forex, equities, cryptos, and commodities. The broker also provides three live accounts with a maximum leverage of 1:500. The minimum spread is from 0 pips(EUR/USD: from 0.7 pips) and the minimum deposit is $100.Pros and ConsPros Cons Leverage up to 1:500Islamic account unavailableMT4 availableSome negative comments: unable to withdrawalRegulatedNo bonus informationSpread(EUR/USD) from 0.7 pipsDemo account availableVarious tradable instrumentsIs ADSS Legit? ADSS is authorized and regulated by the Securities and Commodities Authority(SCA), with the License Type Retail Forex License, making it safer than unregulated. Meanwhile, the Hong Kong Regulatory Authority(HK) regulates ADSS with license number AXC847 and License Type Dealing in futures contracts & Leveraged foreign exchange trading. However, the 'revoked' current status is less safe than a regulated one.What Can I Trade on ADSS? ADSS offers various market instruments, including indices, forex, equities & ETFs, cryptos, bonds, and commodities.Tradable Instruments Supported Forex✔Commodities✔Indices✔Cryptos✔Equities & ETFs✔Bonds✔Account Type ADSS has three account types: classic, elite, and pro. Traders who want low spreads can choose a pro account, while those with a small budget can open a classic account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.Account Type ClassicEliteProDeposit$100$100000$100000SpreadsMarket Spreads25% lower spreadsFrom zero pipsMax Leverage1:5001:5001:500ADSS Fees The EUR/USD spread starts from0.7 pips. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform Traders can access the MT4 trading platform through the ADSS mobile or desktop application. Junior traders prefer MT4 over MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.Trading PlatformSupported Available Devices Suitable for MT4✔Desktop/Mobile(iOS/Android)Junior tradersDeposit and Withdrawal The first deposit amount must be $100 or above. ADSS accepts bank wire transfers, credit cards, online bank transfers, digital payment platforms like Skrill, Neteller, and Cash U, and also now Samsung and Apple Pay for deposit and withdrawal. However, transfer processing times and associated fees are unknown.Rebates Earn a monthly rebate when you trade HSENG, US2000, SWISS, JPN225, or ESTOX indices. Trading volume* reaches the amount shown in Tier 1, Tier 2, or Tier 3, and traders can earn rebates for every million notional volume traded. ADSS pays in USD in the first week of the following month.Notional volumeRebateTier 110,000,000+$10 per millionTier 220,000,000+$20 per millionTier 330,000,000+$30 per million