ADSS is a GCC-based broker that has been in the market for over a decade. Launched in 2010, the broker is headquartered in the UAE. It is licensed and regulated by the SCA in the UAE, where it mainly operates, and it serves a large and diverse clientele comprised of both local and global traders.
For individuals who are interested in doing more than just retail trading with ADSS, the broker offers two attractive ways to partner with them. They are their referral program and the Introducing Broker (IB) program. Both offer their distinctive benefits, and traders can read this detailed review to learn more about how they function and which one to choose.
For information on what the broker offers – their trading platform, instruments, and account types and tiers – please check out ADSS’ official website. Without further ado, let us examine the partnerships available for individuals who would have the potential to find trading opportunities with ADSS.
For traders who would like to take advantage of ADSS’ trading infrastructure and potentially take on their clients through ADSS, there are two main ways to go about it.
Traders can first sign up to become an affiliate of ADSS and earn rebates through a referral program. They can also become an IB (Introducing Broker) partnership, allowing them to become a middleman in introducing new businesses to ADSS.
The ADSS referral Programme allows traders to recommend friends and family to sign up for an ADSS live account and earn a rebate once the new account holder begins trading. The broker states on its website that traders who participate in this Programme can earn between 75 USD to 11,790 USD, depending on how much their referred friend deposits into their live trading account and how much they trade using ADSS’ software.
ADSS also offers incremental payouts of 10% on every referral, meaning that traders can accrue and build their rebates the more people they invite successfully. To join the referral Programme, traders can sign into their account and find their referral link. They can send the link out to their friends and family, and they can get all the information they might need from their account’s relationship manager.
The friends and family have two weeks to fund their account upon signing up for a live account. They then have 90 days of trading to accrue one of the broker’s required trading volumes, which can then trigger the reward to be paid out to the original referee. This reward will be added to the referee’s account automatically. Trading volume requirements are on the ADSS website.
Alternatively, traders who wish to take on multiple clients and earn rebates from ADSS can also do so with the broker’s IB partnership. The broker offers help and guidance on how the trader can build relationships with their clients and manage these relationships, and it is a good place to start for those looking to build their financial portfolio and eventually start a brokerage or business.
One of the biggest benefits that we have seen of the IB partnerships at ADSS is how fast their payout is. When IBs earn rebates from onboarding new clients to ADSS, they receive fast payments done in real-time, and payouts can be done through online wallets or wire transfers.
There is also huge flexibility in how IBs want to receive payouts. At the beginning of the partnership, IBs can choose their profile option with a competitive rebate structure. This allows IBs to see their commissions and mark up revenue data the way they wish.
For IBs to have more control of their clients, ADSS also offers a range of sophisticated and advanced tools for them to use. They include live data, information on their referred clients, and financial reporting tools for IBs.
Finally, IBs can receive plenty of support and guidance from ADSS. These include gaining access to the broker’s experienced team of professionals, who can offer aid in developing the IB’s business further, or supporting the clients of the IBs when they encounter any technical issues or problems. The customer support team is available 24/5 and in multiple languages.
When it comes to qualifications, ADSS requires potential referees and IBs to already be live account holders. They will need to be trading live, and they should also be compliant with the local laws and regulations of the country or region in which they reside.
There is no way for us to determine which is better, and the only way for a trader to decide if they want to become an IB or referee is by taking a look at their existing conditions and level of comfort with client management.
Referees and IBs both can collect rebates from ADSS in the form of fast payouts when they bring new clients for the broker. However, the biggest difference is the level of management involved. Referees do not have to do anything beyond getting their friends or family members to sign up for a live account and start trading. IBs, on the other hand, have to spend time managing the relationship with their client with various client management and reporting tools.
Another difference between the two programs is that referees may find it more limiting in terms of rebates and payouts compared to IBs. This is because they are less involved in the work that they do. IBs can enjoy greater flexibility in their rebate structures and, as they have to handle clients of their own, they also have the potential to scale up their rebates and earn bigger payouts, depending on the clients they take on.
If you believe you have sufficient time and expertise to dedicate to managing your clients, then an IB may be the best choice for you. However, if you prefer to earn rebates and not be committed to more, then you may prefer simply joining the ADSS referral programme and accruing your rebates.