A review of ADSS’ IB and referral programme

A Review of ADSS’ IB and Referral Programme

disclosure

ADSS is a GCC-based brokerage firm that is highly trustworthy and reputable. Established in 2011, the brokerage firm is headquartered in the UAE with another office in London. More specifically, it is licensed and regulated by the SCA in the UAE and the FCA in the UK. Most of the clientele it serves includes both local and global traders. In this broker review, we take a look at what each programme offers, so you can better understand how they work, and which one is best suited to your needs and preferences. 

Partnership with ADSS

Aside from simply trading on the broker’s proprietary trading platform, traders can take advantage of ADSS’ trading infrastructure. This means they have the option of taking on their clients through the broker. There are two primary ways to do this.

The first is to sign up and become an affiliate of the brokerage firm. This allows traders to earn rebates through ADSS’ referral programme. The second way is to register and become an Introducing Broker (IB) partnership. This lets traders become a middleman when it comes to introducing new clients to ADSS. 

ADSS’ referral programme

The referral programme of ADSS allows traders to recommend friends and family so that they can sign up for an ADSS live trading account. This way, referrers can earn a rebate once the new account holder starts trading. According to the brokerage firm, traders who choose to participate in this programme have the opportunity to earn between 75 USD to 11,790 USD. That said, this will depend on how much the person they referred deposits into their live trading account, and how much they then trade. 

ADSS also offers incremental payouts on 10% of every referral. This allows traders to build and accrue their rebates once the new account holder starts trading. In order to join the referral programme, one must sign into their ADSS account to find the referral link. They can then send the link out to family and friends. All the information they may need can come from their account’s relationship manager. 

Referred friends and family have around two weeks to fund their trading account upon signing up. Afterwards, they have 90 days of trading in order to accrue one of the brokerage firm’s required trading volumes. This will trigger the reward to be sent out and paid to the original referee. This reward will be added to the referee’s account automatically. To learn more about the required trading volumes, make sure to double-check ADSS’ official website. 

ADSS’ IB programme

Traders who are looking to take on various clients in addition to earning rebates from ADSS can also do so through the broker’s IB partnership programme. The broker mainly offers guidance and assistance when it comes to building relationships with their clients, as well as how to manage them. Therefore, the IB programme is a great place for those looking to build their own financial portfolios and then expand or start a business or brokerage firm.

One of the largest benefits that comes with ADSS’ IB partnerships is its fast payouts. IBs earn rebates from onboarding new clients to ADSS, meaning they receive large payments that are completed in real time. These payouts can be completed either through wire transfers or online wallets.

IBs also have a huge flexibility in the way in which they can receive payouts. For instance, at the beginning of their partnership, IBs can pick their own profile option along with a competitive rebate structure. This lets IBs see their mark-up revenue data and commissions in any way they wish. 

For IBs looking to have more control over their clients, ADSS even offers plenty of sophisticated and advanced tools for them to use. These include financial reporting tools, as well as live data and information on any referred clients for IBs.

Finally, IBs can also get plenty of guidance and support from ADSS. These include having access to the brokerage firm’s experienced team of professionals, as they can offer help developing the IB’s business further. They can also support the IB’s clients when they come into any issues or problems. The customer support team is available 24/5 and in multiple languages.

Who can qualify for these programs?

When it comes to who qualifies for these programs, ADSS requires potential referees and IBs to already have a live trading account with the brokerage firm. Referees will also need to be trading live, and they should comply with any local laws and regulations in the country or region in which they are based. 

Which is better?

There is no objective way to determine which programme is better. That said, the only way for retail traders to form their own opinions is by reviewing their conditions and level of comfort with client management when it comes to picking either the IB or referral programme. 

Both IBs and referees can collect rebates from ADSS, which usually take the form of quick payouts, especially when they bring in new clients for the broker. However, the biggest difference between them remains the level of management involved. On one hand, referees do not need to do anything beyond getting their friends and family to sign up and register for a live account to start trading. On the other hand, IBs will have to spend more time managing the relationships they have with clients by using various reporting and client management tools. 

Another major difference between the two programmes is that referees may find it more limiting when it comes to payouts and rebates when compared to IBs. This is because referees tend to be less involved in the work that they have to do. IBs on the other hand, can enjoy greater flexibility when it comes to their rebate structures. As they also have to handle clients on their own, they have more potential when it comes to scaling up their rebates and earning potentially larger payouts, depending on the type of clients that they choose to take on.

Bottom line

Overall, those who believe they have sufficient knowledge and expertise, as well as the time when it comes to managing one’s own clients may consider joining ADSS’ IB programme. However, those who prefer to earn rebates and do not want to commit as much time can instead join ADSS’ referral programme to gain their rebates. 

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