ADS Securities Launches CFD Trading on Its OREX Platform

ADS Securities, the Abu Dhabi-based online broker, has announced that it will be adding a range of new CFDs (contract for difference) to its existing multi-asset product offering, which will be available via its OREX Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term.

One of the largest brokerage firms in the Middle East with offices in Abu Dhabi, Hong Kong, Singapore and London, ADS Securities serves central banks, asset managers, brokerage firms and hedge funds.

The addition of CFDs to the OREX platform comes in response to the increasing popularity of such products, with US and European indices, in addition to oil, gold and silver, being the most popular CFDs, according to the company.

The initial offering is comprised of over 300 CFD products, covering a range of underlying assets, including indices, single stocks and commodities. It has also promised to add over 2,000 more instruments, which are set to become available to traders by the end of the year.

The initial offering is comprised of over 300 CFD products, covering a range of underlying assets, including indices, single stocks and commodities.

The broker has revealed that margin rates are 1% for indices and commodities, and from 5% for single stocks.

The additional products will complement ADS’ existing product range of precious metals, such as gold, platinum, silver and palladium, foreign exchange, CFDs and other multi-asset investment services via a mix of trading platforms.

In addition to offering clients access to the popular MetaTrader 4 (MT4) MetaTrader 4 (MT4) MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists Read this Term) platform, ADS also operates a proprietary multi-asset, electronic trading platform, OREX Optim, which it launched in late 2013. A year later it revamped OREX making the platform more user-friendly and facilitated faster trading decisions across multiple asset classes simultaneously

While ADS has previously offered CFDs via MT4, the new range of CFDs will be available to customers on the OREX Optim platform. Decidely, existing clients will automatically gain access to the products at the launch with full English and Arabic support. The new range of CFDs will also be able to be traded on a new mobile app, due for release at the end of the year.

ADS is promoting the launch of the new CFD products by offering customers free financing on all cash products until September 30, 2015.

CFDs have become incredibly popular instruments in recent years...because they are easy to understand and trade.

In a written statement, Philippe Ghanem, CEO and Vice-Chairman of ADS Securities, commented: “Our strategic investment in trading technology has provided clients with more secure, efficient access to a broader range of global products. The addition of CFDs to our next generation OREX platform is yet another step forward in advancing our trading technology.”

Mr. Ghanem added: “CFDs have become incredibly popular instruments in recent years not just because we offer low margins and commissions, but because they are easy to understand and trade. If dealt correctly, investors really can benefit from current market conditions.”

Indeed, in Finance Magnates' recent Quarterly Industry Report (QIR), we traced the rising popularity of CFDs among brokers. While ADS' offering exceeds a generous 2,000 products, the number at larger international brokers exceeds 5,000 - and in some cases exceeds 9,000 CFDs.

More about Finance Magnates' QIR publication can be found here.