What is ADSS?
ADSS is a forex broker that offers online trading in currencies, commodities, and CFDs. The company is headquartered in the UK and is regulated by the Financial Conduct Authority (FCA). ADSS has been in business since 2007 and offers demo accounts to its clients.
History of ADSS
The history of ADSS is a bit complicated. The company was founded in Russia in 2006, but then moved its operations to the United Arab Emirates in 2009. It wasn’t until 2012 that ADSS finally obtained a license from the UAE’s financial regulator, the DFSA.
Since then, ADSS has been growing steadily. The company now has offices in London, Dubai, Abu Dhabi, and Moscow. It also has representative offices in Turkey, South Africa, and Malaysia. In 2018, ADSS acquired another broker called City Credit Capital (CCC). This helped them expand their reach even further.
ADSS is currently one of the largest forex brokers in the world. They offer trading on over 60 currency pairs, as well as CFDs on stocks, indices, commodities, and cryptocurrencies.
The Different Types of Accounts Offered by ADSS
There are three different types of accounts that ADSS offers: the Standard account, the Preferred account, and the VIP account. The Standard account requires a minimum deposit of $500 and gives you access to over 50 currency pairs, leverage of up to 1:200, and a spreads starting at 3 pips. The Preferred account requires a minimum deposit of $5,000 and gives you all of the benefits of the Standard account plus some additional perks such as lower spreads starting at 2 pips, higher leverage of up to 1:400, and access to exclusive research and analysis tools. The VIP account is their top-tier account which requires a minimum deposit of $25,000 and gives you all of the benefits of both the Standard and Preferred accounts plus even more perks such as lower spreads starting at 1 pip, highest leverage of up to 1:500, priority withdrawal processing, and dedicated personal support from your own account manager.
Pros and Cons of ADSS
When it comes to forex trading, there are a lot of different brokers that you can choose from. Each one has their own set of pros and cons that you need to take into account before making a decision. In this article, we’re going to focus on ADSS, and whether or not they’re a legit broker.
To start with, let’s look at the pros of ADSS. One of the biggest advantages of using this broker is that they offer a very user-friendly platform. This makes it ideal for those who are new to forex trading and don’t want to be overwhelmed by a complicated interface.
Another big plus is that ADSS offers competitive spreads on major currency pairs. This means that you can trade with confidence knowing that you’re getting a good deal.
Now let’s take a look at the cons of ADSS. One downside is that they don’t offer any bonuses or promotions. This could be a dealbreaker for some traders who are looking for an extra incentive to sign up with a particular broker.
Another potential drawback is that ADSS is located in the UAE, which means that they’re subject to certain regulatory restrictions. This may make it difficult to withdraw funds or close trades if you run into problems with your account.
All in all, ADSS is a decent broker with some good features. However, there are some things to be aware of before signing up. Make sure you do your research and weigh up
How to Deposit and Withdraw Money from ADSS
If you’re thinking about investing in ADSS, it’s important to know how to deposit and withdraw money from the broker. Here’s a step-by-step guide:
1. Open an account with ADSS. You’ll need to provide some personal information and documentation, such as your ID and proof of address.
2. Once your account is opened, you can deposit funds into it using a variety of methods, including bank transfer, credit/debit card, or e-wallet.
3. To withdraw funds from your ADSS account, simply log in and request a withdrawal. The process is typically completed within 24 hours.
Keep in mind that ADSS may charge fees for deposits and withdrawals, so be sure to check their fee schedule before making any transactions.
What Countries are Supported by ADSS?
ADSS is an international forex broker that offers trading in more than 80 currency pairs. The company is headquartered in the Seychelles and is regulated by the Financial Services Authority (FSA). ADSS also has offices in the UAE, UK, and USA.
The broker provides two account types – Standard and ECN – with leverage up to 1:500 and spreads from 0.0 pips. Both accounts can be traded on the MetaTrader 4 platform as well as on the Webtrader. ADSS also supports mobile trading via Android and iOS devices.
Deposits and withdrawals can be made using credit/debit cards, bank wire transfer, or e-wallets such as Skrill, Neteller, and UnionPay. The minimum deposit for a Standard account is $100, while there is no minimum deposit for an ECN account.
Conclusion
After doing some research on ADSS, it appears that they are a legit forex broker. They are regulated by the Financial Conduct Authority (FCA) in the UK and the Abu Dhabi Global Market (ADGM) in the UAE. They offer a variety of account types and platforms to choose from, as well as customer support in multiple languages. Overall, it seems like ADSS is a good choice for those looking for a reliable forex broker.