ADS Securities

ADS Securities provides an account specifically designed for auto trading, known as the Prime Auto Trading account. It permits investors to “mirror” or “copy” the forex trades of proficient and successful professional traders. Auto Trading’s cost Auto Trading will be 20 percent of the profit earned (per trader who is followed).

The Company. Security of Funds

ADS Securities is one of the biggest brokerages by quantity within the Middle East. It allows trading across a variety of currency pairs as well as CFDs on indices, commodities bonds, and equity.

ADS Securities is an Abu Dhabi owned and operated international financial services firm with locations located in London as well as Hong Kong.

The business behind the brandname, ADS Securities LLC, is authorized to operate by the Central Bank of the United Arab Emirates to operate as an intermediary for financial and monetary transactions in the execution of monetary and financial brokerage to facilitate the purchase and sale of currency and the intermediation on money market transactions, according to the law applicable to it.

The Central Bank of the UAE regulates intermediation on the purchase and sale of foreign and domestic stocks and bonds, currency and commodities, and acting as a mediator in transactions on the money market. It also is responsible for granting licenses to these intermediaries.

In accordance with the UAE regulations the intermediary has to be an UAE citizen for natural persons and their national shareholdings should not be lower than 60 percent of the total capital that is paid-up for corporations. The regulations also stipulate an upper limit on capital requirements of 1 million dirhams. two millions dirhams, or three million dirhams, based on the range of operations the intermediary plans to carry out.

It also operates an company based in London that was granted licenses through the Financial Conduct Authority (FCA) and an Honk Kong unit, which is licensed as a type 3 from the Securities & Futures Commission (SFC), allowing it to trade leveraged FX.

Trading Conditions

Minimum Initial Deposit

Traders must deposit $100 before opening the account at ADS Securities, which is an average initial minimum amount.

Average Spreads & Commissions

The broker provides Fixed and variably spreads and does not charge commissions. We find both over the average in trading in the Forex market. The majority of Fixed-spread brokerages offer spreads of 2 pip for the EUR/USD currency pair, and ADS securities spread is 2.4 per cent. Additionally, the broker’s average floating spread is 1.6 percent on EUR/USD and most brokers have spreads in the range of 1.0 1.5 – 1.5 pips for this pair.

Another thing to note – we tested the ADS Securities MT4 demo and we learned that the spreads there are constant at 1.7 pip for EUR/USD. We also looked over the reviews of users of the Forex Peace Army website and the majority of them aren’t favorable. A lot of traders say that the broker acts as a counterparty for the trades they make (acts as a Market Maker) as well as a bucket shop,.

For more information and a comparison, you can search for real-time spreads from fifteen of the top brokerages here.

Maximum Leverage

ADS Securities offers leverage up to 1:400. This is an incredibly high ratio. However, many forex brokers offer leverage up to or greater than 1:500.

Leverage allows traders to get an extensive exposure to markets, with a small amount of capital invested but it is essential to be aware that the greater the degree of leverage, the greater the risk.

Trading Platforms

The principal trading platform used through ADS Securities isthe popular MetaTrader 4 (desktop only). Additionally, it has its own in-house developed mobile application named OREX.

MT4 is among the favored forex trading platform due to the fact that users can fully automate their trades using from a range of Expert Advisors (EA) and let the software do everything. Additionally is that it comes with a range of indicators for technical analysis along with a comprehensive back-testing system and an advanced charting software. Here’s the list of forex brokers who offer the the MT4 platform.

Available on the both iOS or Android, OREX Mobile allows traders trading 60 pairs of currencies as well as more than 1000 CFDs at any time and from wherever you’re.

Methods of Payment

ADS Securities customers ADS Securities are able to deposit and withdraw funds using debit or credit card transactions as well as bank transfers. electronic wallets Skrill as well as Neteller.

Conclusion

ADS Securities (operating the www.adsprime.com website for retail customers) is a top Middle East brokerage, offering CFDs and forex trading. Unfortunately, the spreads of its clients are significantly higher than average and we suspect that it’s using an marketplace Maker system..