DavidADSS is an experienced forex and CFD broker that is headquartered in Abu Dhabi. Offering thousands of instruments for trading, it provides its clientele with access to global markets, and the company itself operates around the world, with locations in the UAE and the UK. In the MENA region, ADSS remains one of the biggest forex brokers and it has a solid reputation amongst traders.
In this broker review, we will take a look at the trading resources the broker offers, such as the educational content they provide, as well as the market research and analysis on their website. We will also look at how they present price charts, language capabilities, and the information packs the broker provides its traders. Let us get started.
ADSS’ background
ADSS was founded in 2010. Aside from having a bespoke trading platform, the broker also works with the MetaTrader platform to provide retail, professional and institutional trading on MT4. ADSS also provides partnership programmes, where the clientele can take on clients of their own and manage several portfolios at the same time. The partnership programme also comes with rewards and rebates for traders who refer friends and family.
ADSS currently offers a wide range of products available for trading, including forex, commodities, indices, equities, and crypto. Traders can place trades directly in some markets (such as the forex market). They can also purchase CFD contracts. Some of the instruments on offer include major, minor, and exotic currency pairs, popular indices such as the US 30, the US 50, the DAX 30, and the Nikkei 225, to name a few. There are also individual stocks traders can purchase CFDs on, as well as commodities like gold, silver, crude oil and more.
Trading resources available
Having sufficient trading resources available from a broker is a great way to help traders make an informed decision when it comes to figuring out how to best invest in their funds. Therefore, before opening an account with a brokerage firm, a trader must ensure that they know what research offerings a broker can give, alongside low fees, competitive spreads, and a responsive support team.
The ADSS website offers a comprehensive library of educational content, with videos and articles in English. They also offer additional trading resources such as daily market commentary across various markets globally, and they have a financial glossary in two languages for traders to clarify complex strategies and terms. Many of these resources are in both English and Arabic, giving traders the option to choose between languages that they are most comfortable in.
Educational content
The educational content ADSS has is on its official website. The broker offers video courses and resources in the form of guides and articles, and these become progressively more and more difficult as traders gain knowledge and build upon their existing knowledge. Some topics covered include introductions to forex and stock trading, as well as the foundations of forex trading. Traders who arejust starting out their trading journey will find it very helpful to access these resources.
Platform guides
ADSS offers plenty of information on how traders can use the MetaTrader platform to place orders and execute trades with its MT4 tutorials. These tutorials are mainly in the form of videos in English, and they introduce various trading signals and indicators traders can use on the platform, such as moving averages, Bollinger bands, oscillators, and the Fibonacci retracement. There is a guide on how the MT4 terminal works, including how one can use graphics tools, set up notifications and alerts, and monitor spreads with custom indicators. Overall, ADSS has a very comprehensive content library on how one can best use MT4, and it is impressive as many brokers do not offer such informative and in-depth content.
Market information
ADSS provides substantial market information on their official website and on their Frequently Asked Questions page. The information includes swap rates, quotes, and tiered margins. ADSS also has market information sheets available to download on their website, as well as detailed guides on CFD parameters, such as contract expiry dates. In addition, ADSS offers their traders a clear guide to trading with market opening and closing times and public holidays.
Research and analysis
One of the greatest things about ADSS is its analysis and research library. Content in the library is frequently updated, and articles are available in both Arabic and English. The broker covers a wide variety of themes and topics, ranging from reports, to market analysis, and news. News analysis and research are updated frequently, with both language versions varying minimally. This is a fantastic way for traders to obtain information directly from their broker instead of having to search elsewhere.
Trading account
ADSS provides a variety of trading accounts for clients to use. These include three live trading accounts and one demo account. This means whether someone is new to trading or a seasoned professional, their trading accounts suit all needs and experience levels.
Classic
- $100 minimum initial deposit
- Competitive market spreads
- 500:1 maximum leverage
- 24/5 customer support
- Training courses and educational materials
Elite
- $100,000 minimum initial deposit
- 25% lower spreads
- 500:1 maximum leverage
- A dedicated senior account manager
- + Elite events
- Multi-base currency
Elite +
- $250,000 minimum initial deposit
- Ultra-low spreads
- 500:1 maximum leverage
- A dedicated senior account manager and Sales Trader
- + Elite events
- Multi-base currency
Demo account
ADSS provides a demo account for traders as well. It is only available through MetaTrader 4 (MT4) and provides a simulated environment for trading. This means trading is entirely risk-free, but there are no monetary gains as well. A demo account is a great way for traders to gain more hands-on experience when trading, and a good way to practice and hone trading skills. It also empowers people to practice trading CFDs on shares, commodities, currency pairs and more. The only thing a trader needs to do is to register an account with ADSS.
Bottom line
ADSS is a leading broker that offers a variety of information and educational resources, making it a perfect place for beginner and intermediate traders to learn more and hone their skills. Advanced and professional traders can also benefit from their frequent market analysis and updates on global markets. Best of all, the website is also bilingual, and traders can access most of the content in both English and Arabic, with the exception of certain video tutorials.