ADSS is an online Forex and CFD broker founded in 2011 in Abu Dhabi, UAE. This FCA regulated broker offers currencies, stock, indices, bonds, commodities and cryptocurrencies.
|#||Broker's Features||ADSS Availability||FOREXCOM Availability|
|#||Accepts US traders||❌||✔|
|#||24 hour trading||❌||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||❌||❌|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare ADSS vs Forexcom.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. ADSS offers Online Financial Trading and Investment Services Such as Forex/Currencies, Commodities, CFDs, Indices, Stocks, while Forexcom offers Currencies, Commodities, Indices, CFD, Cryptocurrency.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. ADSS is STP, ECN, while Forexcom is Market Maker.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. ADSS is regulated by FCA, SFC, Central Bank of UAE, while Forexcom regulated by CFTC, NFA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Account currencies: Next lets consider the Account currencies each broker offers. ADSS offers USD, EUR, AUD, GBP, SGD, HKD, CAD, NZD different account currencies for each account types, while Forexcom offers EUR, GBP, USD, AUD, CAD, CHF, JPY account currencies.
Languages Available: Next lets have a look at each broker's different Language options. ADSS offers Bulgarian, English, French, German, Italian, Polis, while Forexcom offers Arabic, English, Japanese, Russian, Chinese, Arabic. Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. ADSS offers Credit/Debit Cards, Bank Wire Transfer different payment methods for each account types, while Forexcom offers Credit/Debit Cards, Bank Wire Transfer payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, ADSS makes OREX, MT4 available to clients, while Forexcom offers MT4, WebTrader.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, ADSS is more reliable based on our criteria above. ADSS has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. ADSS broker is regulated in more major hubs. ADSS offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. As ADSS offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.
The product portfolio is limited, providing only forex and CFDs. The stock CFD fees are high. Its desktop trading platform is not user-friendly.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.