ADS Securities introduces bitcoin CFD trading in the MENA region

Abu Dhabi based global international financial services firm ADS Securities has just announced the introduction of bitcoin CFD trading for MENA clients using its MT4 platform.

Jason Hughes ADS Securities
Jason Hughes

Jason Hughes, Global Head of Retail Sales is confident that this is the right time for ADS Securities to introduce cryptocurrency trading:

We will be the first brokerage in the MENA region to offer bitcoin trading. We have followed the growth of this very exciting and dynamic new trading asset, but before offering a service we wanted to really understand the market and make sure we have the right systems and protection in place for our clients.

As with all trading it is very important to have the financial strength and the IT processes to protect positions. ADS Securities is the right partner for clients looking to trade cryptocurrencies. They understand that our capital reserves, regulation through the UAE Central Bank and the quality of the team provides a different level of support to them.

Bitcoin trading, along with other cryptocurrencies, has grown over the last few years with traders speculating on bitcoin as it tends to be uncorrelated to the main markets and yet has a high level of volatility. This provides traders with an excellent and flexible investment opportunity. Bitcoin could be viewed by some as an alternative safe haven asset – beyond Gold and the Yen – turning to it when the news agenda pushes traditional investments lower.

We advise clients to look in detail at cryptocurrencies before trading them. The fact that they are less driven by market fundamentals provides a new investment choice and helps diversify portfolios. However, with the level of short-term volatility cryptocurrencies offer, it is important they can trade with a strong well-capitalised firm like ADS.” added Mr Hughes.

ADS Securities is in its seventh year of operations. Headquartered in Abu Dhabi it has offices in London, Hong Kong and Singapore and is a highly capitalised independent investment firm.

Related News


ADS Securities introduces bitcoin CFD trading in the MENA region


Send this to a friend

Subscribe to LeapRate
Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: