Score

3.11 /10
Danger

ADSS

United Arab Emirates

5-10 years

Regulated in United Arab Emirates

Retail Forex License

Hong Kong Dealing in futures contracts & Leveraged foreign exchange trading Revoked

High potential risk

A

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Comparison

Quantity 20

Exposure

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Score

Regulatory Index4.62

Business Index7.63

Risk Management Index0.00

Software Index4.16

License Index2.49

The WikiFX Score of this broker is reduced because of too many complaints!
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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

ADS Securities LLC

Company Abbreviation

ADSS

Platform registered country and region

United Arab Emirates

Company website

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  • 97180082377

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2025-03-01
  • The number of the complaints received by WikiFX have reached 19 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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Others

This broker sucks recently

I encountered so many problems such as unable to place orders or close positions. But I can place orders on other brokers at the same time. They do not receive new customers and deposits. If you wanna withdraw funds, your positions should be settled before the withdrawal. Be careful of this broker.

2021-04-13 13:38
Unable to Withdraw

Capital and profits withdrawal is unavailable in ADSS, with the account and and backstage frozen

With the help of agents, I invested in a platform named ADSS. Because FX110 and other websites show the high credibility of ADSS, I deposited my money to trade by batch in June. But, I was prevented from doing so soon. When applying for withdrawal, I was turned down with the reason that my account was under a trading investigation. How could that happen? Why? After several short and unsmooth talks with the customer service personnel, I didn't yet get reasonable explanations . | 6 13th, I opened an account on this platform. | 6 14th, I deposited over 500,000 through Unionpay and Bipipay by batch, and the receiver was two ADSS-assigned individual accounts in ICBC. | 6 18th-21st, I made small deals. | 6 26th, I was making deals by batch, but the account was suspended one more hours later. When it happened, there was a paper profit of 30% in my account. (Since ADSS offers leveraged deals, the profit was calculated after deleveraging, equivalent to 2.5%. Customers' accounts are restricted from making deals, and their applications for withdrawal was refused next day. | 7 8th, tradings were restricted, the capital frozen and the customer back stage couldn't be logged in. So far, there were no explanations, for example, why was my account suspended? How long did it took to investigate the whole thing? When can I withdraw my money? Why can the platform restrict customers' trading because of "abnormality".

2019-07-17 23:48
    Sources
    ADSS · Company summary
    ADSSReview Summary
    Founded2003-10-12
    Registered Country/RegionUnited Arab Emirates
    RegulationRegulated(SCA), HK(Revoked)
    Market InstrumentsIndices/Forex/Equities/Cryptos/Commodities/Bonds/ETFs
    Demo Account
    LeverageUp to 1:500
    SpreadEUR/USD: from 0.7 pips
    Trading PlatformMT4(Desktop/Mobile(iOS/Android))
    Min Deposit$100
    Customer Support(24/5)Email: ts@adss.com
    Phone: +971 2 657 2414
    Facebook/Twitter/LinkedIn/YouTube/Instagram/Telegram
    Live chat

    ADSS 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.

    ADSS Information

    Pros and Cons

    Pros Cons
    Leverage up to 1:500Islamic account unavailable
    MT4 availableSome negative comments: unable to withdrawal
    RegulatedNo bonus information
    Spread(EUR/USD) from 0.7 pips
    Demo account available
    Various tradable instruments

    Is 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.

    Is ADSS Legit?
    Is ADSS Legit?
    Is ADSS Legit?

    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
    What Can I Trade on ADSS?

    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 ClassicElitePro
    Deposit$100$100000$100000
    SpreadsMarket Spreads25% lower spreadsFrom zero pips
    Max Leverage1:5001:5001:500

    ADSS 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
    MT4Desktop/Mobile(iOS/Android)Junior traders
    Trading Platform

    Deposit 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 volumeRebate
    Tier 110,000,000+$10 per million
    Tier 220,000,000+$20 per million
    Tier 330,000,000+$30 per million

    News

    NewsWhy Did ADSS Exit UK?!

    ADS Securities London Limited (ADSSL), a subsidiary of ADSS, is winding down its operations in the UK following a strategic decision by its parent company, while reporting strong financial results and experiencing key executive departures.

    WikiFX
    2023-07-17 17:22
    Why Did ADSS Exit UK?!

    NewsADSS Decides to Shut Down its London Operations and Withdraw from UK Market

    ADSS, an Abu Dhabi-based broker, has announced plans to shut down its London operation and withdraw from the UK online trading market. This significant shift follows a drop in the company's revenues and the loss of several top executives.

    WikiFX
    2023-07-17 14:54
    ADSS Decides to Shut Down its London Operations and Withdraw from UK Market

    ExposureRegulatory status update this week, be sure to stay away from the following platforms!

    A wise trader should know the brokers’ regulatory information as early as possible. WikiFX brings you the latest information about brokers whose regulatory license status has changed within a week, so we hope you can avoid these risks.

    WikiFX
    2022-11-23 17:15
    Regulatory status update this week, be sure to stay away from the following platforms!

    User Reviews

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    User comment

    20

    Comments

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    albreiki AMERA
    0-3months
    i have been with ADSS since 2020 and never had any problems nor in deposit or withdrawal and super support when i need for help in my account
    i have been with ADSS since 2020 and never had any problems nor in deposit or withdrawal and super support when i need for help in my account
    Translate to English
    2024-12-31 05:56
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    Layla
    more than one year
    ADSS has really good spreads and they're super regulated, which is awesome because it means I can trust them with my money. Plus, the tight spreads mean I can make more money when I trade. All in all, I really like ADSS and would definitely recommend it to other traders.
    ADSS has really good spreads and they're super regulated, which is awesome because it means I can trust them with my money. Plus, the tight spreads mean I can make more money when I trade. All in all, I really like ADSS and would definitely recommend it to other traders.
    Translate to English
    2024-07-08 10:12
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