Up
Rating
Forex Broker
0
Brokers
0
Reviews

ADS Prime review

ADS Prime


On-line since: 2010
Country of origin: UAE
Regulation: Central bank of the UAE
Payment options: wire transfer, bank cards, electronic payment systems
Minimum account size: $100
Minimum lot size: 0.01 lots
Leverage: up to 1:400
Spreads: fixed, floating

About the company:

ADS Securities is one of the largest brokerage companies in the Middle East. It offers to trade several currency pairs and CFDs on commodities, indices, bonds and shares.

Company. Security of Funds

ADS Securities is an Abu Dhabi based and owned international financial services company with offices in London and Hong Kong.

The company behind the brand, ADS Securities LLC, is licensed by the Central Bank of the United Arab Emirates. The Central Bank of the UAE regulates sales and purchases of domestic and foreign stocks and bonds, currencies and commodities, as well as financial transactions.

According to the UAE regulations, the intermediary should be a UAE citizen if it is a natural person; and national shareholding should not be less than 60% of total paid-up capital in case of companies. The regulations set a minimum capital requirement of one million dirhams, two million dirhams or three million dirhams according to the scope of activities the intermediary intends to conduct.

The broker also has a London-based subsidiary, which is licensed by the Financial Conduct Authority (FCA), as well as a Hong Kong unit.

Trading Conditions

ADS Securities offers its clients a choice of several basic account types. The Prime Lite account provides fixed spreads and a leverage of up to 1:400, while the Prime classic one offers variable spreads and a leverage of up to 1:200. All accounts are commission-free.

Prime Elite is a bespoke service designed for VIP clients and high volume professional traders. If you deposit over US$200,000 or trade more than US$500 million in a month, you will be able to join this elite trading club.

Prime Elite provides significant benefits for professional traders, including pricing that is normally available only to institutional clients.

What is more, ADS Securities provides an account specialized for auto trading, called Prime Auto Trading account. It allows investors to “mirror” or “copy” the forex trades of more experienced and successful professional traders. The cost of Auto Trading is 20% of the profit made (per follower trader).

Traders are required to deposit $100 in order to open an account with ADS Securities.

Spreads & Commissions

This broker offers both fixed and variable spreads and charges no commission fees.

Spreads are above the average for the forex market. Most fixed-spread brokers provide spreads of 2 pips for the EUR/USD pair, while ADS securities’ spread is 2.4 pips.

Furthermore, the broker’s typical floating spreads amount to 1.6 pips on EUR/USD, and most brokers offer spreads in the range of 1.0 to 1.5 pips for this pair.

When trading on the ADS Securities MT4 demo, spreads are fixed at 1.7 pips for EUR/USD.

We also looked through user reviews and most of traders say that this broker is counterparty to their trades (acts as a market maker). This means that the broker does not function as an intermediary, looking for counterparty among other market participants; it acts as a speculator buying from traders at a lower price and selling at a higher price.

Maximum Leverage

ADS Securities offers leverage of up to 1:400. Many forex brokers offer leverages equal to or exceeding 1:500.

Leverage allows clients to trade large volumes with a relatively small initial capital. However, one should keep in mind that the higher the leverage level, the higher the risk.

Trading Platforms

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

MT4 is the most popular forex trading platform because users are able to entirely automate their trades by choosing from a wide range of Expert Advisors (EA) and let the program do all the work. What is more, it offers a variety of technical analysis indicators, extensive back-testing environment and advanced charting package.

OREX is a proprietary multi-asset mobile application developed by ADS Securities, offering exceptionally low latency and order processing. Available for both iOS and Android, OREX Mobile allows you to trade 60 currency pairs and over 1,000 CFDs whenever and wherever you are.

Support Service

The support is available via phone, live chat and feedback form.

Payment Options

Clients of ADS Securities are able to make deposits and withdrawals via credit or debit cards, bank transfers, and e-wallets such as Skrill and Neteller.

Advantages:

  • regulated broker
  • MT4 available
  • high leverage levels.

Disadvantages:

  • no ECN environment
  • wide spreads.

ADS Prime 2/10 (votes 2184)
Author of ADS Prime: Jacob | Date 2021-10-27
The main problem I have with ADS Prime is their wide spread. It is very hard to make profit because the fees are too high. I am thinking about just closing my account because I see no progress in my trades.
0
0
Author of ADS Prime: Petrisia | Date 2021-07-13
It's so suffering to trade with ADS Securities because their trading platform has delays 2-3 seconds during news feed, also sometimes it crashes taking the opened positions and money with it. I called their customer support regarding this issue, but they are useless. They can't help me to solve my problem during trading. Till now, I lost around $600 within 3 weeks of trading with them. I deposited 2 times $350. I am trading major pairs EUR/USD, USD/CHF, USD/JPY, USD/CAD, USD/NZD. I don't recommend this broker at all. And I will close my account.
0
0
Author of ADS Prime: Elhaj | Date 2020-12-23
I have a Prime Standard account and dealing on the ADS MT4 Plus platform. Where I can make a profitable deal without any issue. I found the fastest execution, as I can doing scaling trade. Till now I am able to gain $257 in the market. here I am amazed withdrawal processing time. So I am satisfied with the ADS Prime broker.
0
0
Author of ADS Prime: Josipa | Date 2020-10-16
The starting capital at ADS Prime is very low. I think this is also why many are opening an account with them. However, you will be bombarded with high fees once you have started trading. Almost every transaction has a fee included. The spread is not fixed so it also goes too high. I am now regretting opening an account with them.
0
0
Show more

Add comment
Text:
Brokers Reviews

RECOMMENDED BROKER
FOREX BROKER №1 IN EUROPE
30% bonus for EACH deposit
Leverage 1:1000

Forex charts and quotes





Special offers
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
55%
from InstaForex
on every deposit
Earn up to
$50000
for inviting friends to get StartUp Bonus from InstaForex
No investments required!