ADS Securities London Review
ADS Securities London offers its clients a choice of two basic account types: Standard and ECN. The standard one is suitable for both inexperienced (since it allows trade in micro lots) and regular traders, while the ECN account is targeted at professional and large-volume clients.
Besides, a spread betting account is available exclusively for UK residents, offering a tax free alternative to trading.
What is more, specific MAM accounts are available to asset/fund managers, allowing the management of unlimited accounts under one master account. MAM managers must have a minimum of 5 clients with total equity of a minimum USD $20,000.
ADS Securities London is the trading name of ADS Securities London Limited, a subsidiary of Abu Dhabi based ADS Holding LLC. The other subsidiary, ADS Securities LLC, operates under the brand ADS Securities. The London-based brokerage offers trading in over 250 forex, CFD and spread betting instruments, the product range covering more than 60 currency pairs, indices, precious metals, commodities, shares and treasury bonds.
Security of Funds
ADS Securities London Ltd. authorized and regulated by the Financial Conduct Authority (FRN 577453). As regards other members of the ADS Group, the mother company ADS Holding LLC is registered as a company in England and Wales, while ADS Securities is licensed by the Central Bank of the United Arab Emirates.
UK-regulation is famous for its strict rules and supervision. To acquire a license from the UK financial watchdog, brokers have to provide proof of financial stability and to adhere to a number of rules. For example, clients` funds shall be kept in segregated bank accounts and regulated companies must hold a minimum of €730 000 in order to conduct their business activities. Similar minimum capital requirements apply in other jurisdictions, for instance brokers based in Australia are required to possess at least $ 1 million.
Regulation by FCA also involves additional guarantee to clients’ funds, since they fall under the Financial Services Compensation Scheme (FSCS). FSCS is the UK’s compensation fund of last resort for customers of licended companies, where the maximum compensation cover is £50,000 per person in the event that a broker fails to fulfil its obligations.
Here is a list of more FCA-regulated brokers.
Minimum Initial Deposit
Traders are required to deposit £200 in order to open an account with ADS Securities London, which is an average minimum initial amount. In comparison, FxPro requires as much as $500 from their clients to start with, while CMC Markets do not require any initial deposit.
Average Spreads & Commissions
This broker offers competitive tight variable spreads, the average ones on the commission-free Standard account amounting to 0.9 pips on EUR/USD. Average spreads on ECN accounts are as low as to 0.1 pips on EUR/USD, however a commission of 3.50 per standard lot (per side) is charged.
In comparison, FxPro offers average spread of 1.4 pips on the EUR/USD for its commission-free accounts and average spreads as low as 0.4 pips on the EUR/USD for its cTrader accounts, charged $4.5 per standard lot. You may look up real-time spreads of 15 leading brokers here.
ADS Securities London offers leverage up to 1:500 for all account types, which is a comparatively high ratio. Other UK-based brokers provide leverage up to 1:300 (HY Markets) or up to 1:200 (PhillipCapital UK). There are others, however, offering maximum leverage levels of 1:888 (FCA-regulated XM). You may look up more forex brokers offering leverage equal to or exceeding 1:500 here.
Leverage allows traders to gain large exposure to diversified markets with a relatively small amount of invested capital, however it is healthy to keep in mind that the higher the leverage level, the higher the risk.
ADS Securities offer the popular MetaTrader 4, desktop, web and mobile versions available. This 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 indicators, extensive back-testing environment and advanced charting package. Here is a list of more forex brokers offering MT4 platform.
Methods of Payment
Clients of ADS Securities London are able to make deposits and withdrawals via credit or debit card payments and bank transfers. E-wallets Skrill and Neteller are also available.
Credit card Payments incur a 3% fee.
ADS Securities London is a relatively new broker, offering forex, spread betting and CFDs under competitive trading conditions.
ADS Securities London Review Conclusion
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