ADSS
Chris Cammack June 10, 2020 08:00 AM
For traders seeking a wide range of financial instruments and a high level of SSL encrypted data security, ADSS is a good option. However, traders should be aware that ADSS's trading fees are higher than other similar brokers and trading is only offered on the MT4 trading platform. Additionally, negative balance protection is not provided, which means that traders can lose more than their initial deposit. ADSS offers three live commission-free accounts with higher minimum deposits and higher ongoing costs than other similar brokers. The Classic Account has a minimum deposit requirement of [fxs-broker-property identifier="deposit"] [fxs-broker-property identifier="currency"] and offers spreads that start at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD, which is wider than the spreads on other brokers' entry-level accounts. The Elite Account requires a hefty minimum deposit of 100,000 USD, but with spreads of 1.1 pips (EUR/USD), it does not deliver the trading costs that more experienced traders might expect for such a high minimum deposit. Unlike other brokers who offer several trading platforms, ADSS only offers support for MT4, but it does allow hedging, scalping, and algorithmic trading. Finally, ADSS's educational and market analysis materials are relatively limited compared to other brokers, making it a poor choice for beginner traders.