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ADSPRIME

ADSPRIME
About company:

ADS Securities is one of the largest brokerage firms in the Middle East. It offers trading multiple currency pairs and CFDs on commodities, indices, bonds and stocks.

 

Company. Fund security

ADS Securities is based in Abu Dhabi and also has offices in London, Hong Kong and Singapore.

 

The brand is owned by ADS Securities LLC, which is licensed by the Central Bank of the United Arab Emirates. The UAE Central Bank regulates the sale and purchase of domestic and foreign stocks and bonds, currencies and goods, as well as money market transactions.

 

According to UAE rules, the intermediary must be a UAE citizen in the case of individuals, and the national shareholding must be at least 60% of the total paid-up capital in the case of companies. The rules also set minimum capital requirements of AED 1 million, AED 2 million or AED 3 million, in accordance with the volume of activities that the intermediary intends to carry out.

 

The broker also has a London subsidiary, which is licensed by the Financial Conduct Authority (FCA), as well as a Honk Kong division.

 

Trading conditions

ADS Securities offers its clients several types of accounts. The Prime Lite account provides fixed spreads and leverage up to 1: 400, while the Prime classic offers variable spreads and leverage up to 1: 200. No commission is charged on accounts.

 

Prime Elite is a personalized service designed for VIP clients and professional traders who trade in high volumes. If you invest over $ 200,000 or trade over $ 500 million per month, you can join the Elite Trading Club.

 

Prime Elite provides significant benefits to professional traders, including prices normally only available to institutional clients.

 

Moreover, ADS Securities provides an account specializing in automated trading called Prime Auto Trading. This allows investors to copy the Forex trades of other traders. Auto Trading costs 20% of profit (per trader).

 

Traders need to deposit $ 100 to open an account with ADS Securities.

 

Spreads and commissions

This broker offers both fixed and variable spreads and does not charge any commission fees.

 

The spreads are above the average for Forex. Most brokers provide fixed spreads of 2 pips for the EUR / USD pair, while ADS offers 2.4 pips. The broker's floating spreads are 1.6 pips on EUR / USD and most brokers offer spreads in the 1.0-1.5 pip range for this pair.

 

When trading on the demo version of ADS Securities, spreads are 1.7 pips per EUR / USD.

 

We also looked at the reviews of traders, many of whom claim that this broker is a counterparty (acts like a Market Maker). This means that the broker does not act as an intermediary, looking for a counterparty among other market participants, he himself acts as a speculator - buying from traders at a lower price and selling at a higher price.

 

Maximum leverage

ADS Securities offers up to 1: 400 leverage. Many Forex brokers offer leverage equal to or greater than 1: 500.

 

Leverage allows traders to trade large volumes with little initial capital. However, investors should remember that the higher the level of leverage, the higher not only the profit, but also the greater the loss.

 

Trading platforms

The main trading platform offered by ADS Securities is the popular MetaTrader 4, available for both PC and mobile devices.

 

MT4 is the most popular Forex trading platform as users can fully automate their trades by choosing from a wide range of Expert Advisors (EA) and letting the program do all the work. Moreover, it offers a variety of technical analysis indicators, an extensive testing environment, and an extensive set of charts.

 

Another terminal available from the company, OREX is a private multi-asset mobile application developed by ADS Securities that offers exceptionally low latency and fast order processing. Available for both iOS and Android, OREX Mobile allows you to trade 60 currency pairs and over 1000 CFDs.

 

Support service

Available by phone, chat and using the feedback form on the site.

 

Ways of payment

ADS Securities customers can make deposits and withdrawals through credit or debit cards, bank transfers and Skrill and Neteller e-wallets.

 

Pros:

 

regulated broker; MT4 is available; high leverage.

 

Minuses:

 

no ECN environment; high spreads.

 

 

ADSPRIME is a brokerage company whose task is to provide intermediary services to traders. Brokers provide access to currency trading in the first place. Many of them also provide an opportunity to transact with company stocks, bonds, commodities, precious metals, indices, cryptocurrencies and other assets. A private person can make transactions with all these instruments only on the trading platform, which the broker provides access to.

In addition, thanks to the brokerage company, an individual can operate on the market with amounts that significantly exceed the size of their own funds. This is called providing leverage. For example, having a deposit of 1,000 USD with a 1: 400 leverage, a trader can make deals for 400,000 USD.

The broker also opens access to analytics, auxiliary tools, and trading signals. Modern trading is impossible without all this.

What is the benefit of a broker?  

 

The broker ADSPRIME makes profit from traders' transactions, as a rule, in two main ways.

The first is the most common. Using spreads. This word refers to the difference between the best prices for buying and selling a particular asset at a particular moment. Moreover, in a transaction between a trader and a broker, the price is one, and between a broker and users of the Forex market - another. The mediator takes the difference for himself.

The second way is easier to understand. This is the collection of a commission for each transaction performed. Most often it has a standard value, but it can be measured as a percentage.

Thus, the brokerage company is interested in attracting as many clients as possible and for them to conduct active trading.

 

Ways to cheat customers  

 

We have found out how honest brokers should work and how they work. Now let's look at how scammers operate, they are also called the kitchen.

The most common way to cheat is to tweak quotes. The broker provides the trader with quotes that differ from the real market ones. Data substitution occurs in order to make operations unprofitable. The deposit is reduced, and then completely zeroed out. At the same time, the trader thinks that his operations were carried out in the market, but in fact - only on the site of scammers.

Bonuses are traps. They are generously distributed for anything: for registration, account replenishment, etc. Only after that, in order for the client to withdraw his own money, mixed with bonus money, it will be necessary to fulfill a number of virtually impossible conditions. For example, conduct trading operations for an amount tens of times greater than the size of the deposit.

In the User Agreement, a clause can also be disguised that allows the broker to manage the client's money. Inattention when reading such an agreement most often turns into a complete loss of the deposit.

 

Where are brokerage companies registered?

 

One of the key points is the place of registration and regulation of the company's activities.

Let's talk about registration first. As a rule, brokers from either their own country or from an economically developed country, for example, a member of the European Union, are more credible to traders. Of course, compliance with UK legislation is reassuring, and compliance with the legislation of an unknown island in the Indian Ocean does not mean anything to most.

However, most brokerage companies are registered offshore. And it's not only about small offices, but also about world leaders. Saint Vincent and the Grenadines, Belize, Marshall Islands, Mauritius are offshore zones popular among brokers. By registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden.

If a trader has any claims against such a company, then it is likely that he will have to deal with it in accordance with the legislation of that very conditional Belize. It is possible to be physically present there at the court sessions. And this is extremely expensive and difficult.

But is it worth running like fire from just the word "offshore"? As an answer, we will give the names of companies that are not related to brokerage, but with an impeccable reputation and also save on taxes through offshore registration: Apple, Pfizer, Microsoft, General Electric, Intel.

And here we come to the second important point - this is the regulation of the broker's activities. First of all, it is carried out at the level of the state where the company is registered. Each country has its own regulatory body for brokerage activities. So, in Russia it is the Central Bank of the Russian Federation. A trader can find permissive documentation on the websites of such bodies. But there are also supranational structures. For example, the International Financial Commission (The Financial Commission), which is an independent self-regulatory organization,   considering disputes between its members - brokers and their clients.

If the broker's website does not contain information about the regulation of its activities, then these are almost certainly scammers. Or the site contains information about a certain license issued to him, but this information is not confirmed anywhere else. Most likely, these are also scammers.

 

What else to pay attention to?

 

When choosing a brokerage company, study its history. Check out the links to her experts. If one of the leading TV channels in economic news for 5 years in a row refers to the opinion of the analyst of the broker in question, this is good. If a broker claims to have been working for 15 years, but there is no information about him on the Internet at all, this is bad.

It's important to pay attention to company reviews. And read them not only on the website of the broker itself. In the kitchen, they will probably only be laudatory. It is best to browse as many sites as possible.

Pay attention exclusively to the specifics in the offers on the brokers' websites. Honest companies openly write about interest, spread size, minimum deposit, etc. Fraudsters lure with loud, streamlined phrases about a rich tomorrow, stable income, misleading with incomprehensible terms about multi-sites, super functions, and so on.

Find out the company's connection with well-known brands, financial institutions, public organizations. For example, it can be sponsored. Large brokers sometimes hold social promotions. Fraudsters will definitely not do this.

Thus, the process of choosing a broker is complex. But if you approach it carefully, it will allow you to enter the world of trading, which has made millions of people rich all over the world.

FAQ - broker questions

  • 1. Do the trader reviews impact on a rating of ADSPRIME ?

    Any feedback can raise or lower the rating company. To read reviews, go into the rating and select your broker.

  • 2. How to leave a comment about ADSPRIME on the website 4ex.review ?

    In order to leave a review about the broker, go down page, enter a valid email and Your review with an overall score. Reviews are moderated and tracked by the number of comments from the same IP or email. Tech support may request the actual documents that prove that the user was or is a customer of the broker. This rule applies to negative and positive reviews. We want our portal to be honest and independent.

  • 3. Can we assume the broker ADSPRIME decent?

    Before any trade and choosing a broker You must always read reviews on this site and on other sites. Brokers who are honest, have a rating of above 3.8. Also there is always the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the broker. ADSPRIME received a score of 1 of 5 on our resource.

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