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ADSS , MONEY PARTNERS Broker Comparison

Do you want to know which is the better broker between ADSS and MONEY PARTNERS ?

In the table below, you can compare the features of ADSS , MONEY PARTNERS side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2  brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official website
Basic Information
Established(years)
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed(ms)
The highest transaction speed(ms)
The highest speed of opening positions(ms)
The highest speed of closing position(ms)
Slowest transaction speed(ms)
The lowest speed of opening positions (ms)
The lowest speed of closing position(ms)
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost (USD/Lot)
Rollover Cost
Rollover cost rating
  • Average Rollover Cost (USD/Lot)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time(ms)
Account Information
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
Pin on the left
3.1
Regulated
No guarantee
5-10 years
SFC,SCA
Supported
Not supported
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$100,000
1:500
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8.08
Regulated
No guarantee
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15-20 years
FSA
Not supported
Not supported
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Score
Regulatory Status
Regulated
Regulated

BrokerRelevant information

ADSS BrokerRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of adss, money-partners lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

adss
Registered Country/Region United Arab Emirates
Regulation FCA
Minimum Deposit $100
Maximum Leverage 1: 500
Minimum Spreads 1.9 pips on the EUR/USD pair
Trading Platform MT4 trading platform
Demo Account Available
Trading Assets Forex (major currency pairs and minor currency pairs), 16 Indices, Commodities, and CFDs
Payment Methods Bank Wire Transfer, BipiPay, GSD Pay, Neteller, Skrill
Customer Support 5/24, email, phone

General Information

ADS Securities LLC (“ADSS”) is a limited liability company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates. ADSS is authorised and regulated by the Central Bank of the United Arab Emirates. ADSS began operations from Abu Dhabi, United Arab Emirates (UAE) since 2011. Today, the broker has offices in Hong Kong, Singapore and London, UK. It boasts of over 150,000 individual clients and about 400 institutional clients from all over the world.

With tradable assets such as indices, forex, equities, cryptocurrencies, and commodities, traders can diversify their portfolios and take advantage of market opportunities. The company provides multiple account types, including Classic, Elite, and Elite+, to cater to traders with different preferences and capital sizes. Traders can choose between the ADSS Platform and the MT4 platform for their trading activities.

ADSS is regulated by the Financial Conduct Authority (FCA), providing traders with a level of trust and security. However, it's important to note that the regulatory status of the Securities and Futures Commission of Hong Kong (SFC) is listed as “Revoked,” which may raise concerns for some traders.

basic-info

Pros and Cons

ADSS has its strengths and weaknesses. It offers a range of features and services that may appeal to traders, while also having certain limitations that need to be taken into account. It's important for traders to assess the overall picture and consider these factors before deciding to trade with ADSS.

Pros Cons
Wide range of tradable assets Regulatory status of the SFC in Hong Kong listed as “Revoked”
Leverage of up to 500:1 Withdrawal fee of $15
Multilingual customer support Potential payment provider fees for deposits
Educational resources and access to webinars/seminars Limited trading options (no options trading or ETFs)
Significant Research Tools

Is ADSS Legit?

ADSS is regulated by the Financial Conduct Authority (Regulation No. 577453) and the Securities and Futures Commission of Hong Kong (Regulation No. AXC847). However, the regulatory status of the Securities and Futures Commission of Hong Kong (license number: AXC847) is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

regulation
regulation

Market Instruments

ADSS offers a wide range of trading instruments to cater to different market preferences. Traders can access global markets and choose from various options to diversify their portfolios.

Indices: Traders can trade indices CFDs on ADSS's platform, providing exposure to major indices like Nasdaq, S&P, FTSE, and Dax. With competitive spreads and leverage of up to 333:1, traders can take advantage of market moves and trade on both long and short positions.

indices

Forex: ADSS allows traders to trade forex pairs with their user-friendly trading platform. With no hidden fees and competitive spreads, traders can access major, minor, and exotic currency pairs, such as EUR/USD and NZD/CHF. The market-leading leverage of 500:1 on FX majors offers increased trading power.

market-instruments

Equities: Traders can take positions on equities listed on global stock exchanges, including major players from the GCC region. By trading CFDs on equities like Netflix, Tesla, and Apple, traders can capitalize on volatility and benefit from favorable spreads.

market-instruments

Cryptos: ADSS enables traders to participate in the cryptocurrency market by offering CFDs on leading cryptocurrencies like Bitcoin. Traders can take advantage of 24/5 trading, competitive spreads, and the opportunity to go long or short on the price movements of cryptocurrencies.

market-instruments

Commodities: Traders can benefit from market volatility by trading CFDs on spot commodities, futures, and commodity-linked ETFs. With 0% commission on trades, traders can access popular commodities such as gold, oil, and coffee. Trading commodities on ADSS provides a simplified approach compared to commodity futures.

market-instruments

Here is a comparison table of trading instruments offered by different brokers::

ADSS RoboForex Pocket Option Tickmill EXNESS Group AMarkets
Forex Yes Yes Yes Yes Yes Yes
Metals Yes Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes No
CFD Yes Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF No Yes No No No No
Options No No No No No No

Account Types

ADSS provides a range of account types to suit the diverse needs of traders, including Classic Account, Elite Account, and Elite+ Account.

Classic Account:

The Classic account is designed for traders who want to start with a minimum deposit of $100. This account offers market spreads, allowing traders to participate in the financial markets at favorable rates. With a maximum leverage of 500:1, traders can potentially amplify their trading positions. The Classic account also includes 24/5 support and access to training courses, providing traders with the necessary resources to enhance their trading skills.

Elite Account:

For traders with larger capital and seeking additional benefits, the Elite account requires a deposit of $100,000. With this account, traders enjoy spreads that are 25% lower compared to the Classic account, resulting in potentially reduced trading costs. Similar to the Classic account, the Elite account offers a maximum leverage of 500:1, enabling traders to take advantage of larger trading positions. Elite account holders receive dedicated support from a Senior Manager, ensuring personalized assistance and guidance. They also gain access to exclusive Elite events and have the flexibility of multi-base currency options.

Elite+ Account:

For elite traders with significant capital, the Elite+ account requires a deposit of $250,000. Elite+ account holders benefit from ultra-low spreads, which can further minimize their trading costs. With a maximum leverage of 500:1, traders have the potential to engage in larger trading positions. In addition to personalized support from a Manager and Sales Trader, Elite+ account holders enjoy exclusive Elite events and the convenience of multi-base currency options.

ADSS offers these different account types to accommodate traders with varying capital sizes and provide them with tailored features and benefits that suit their trading objectives and preferences.

account-types

How to Open an Account?

  1. Visit the ADSS website. Look for the “Open Account” button on the homepage and click on it.

open-account

2. Open your account by providing the required information. For UAE residents, ADSS offers the option to register with UAE Pass, making the account setup process convenient and efficient.

open-account

3. After filling out the application and uploading documents, the system will open a personal account for the client.

4. Deposit funds into your account using options such as UAEPGS, Apple Pay, or Samsung Pay. These payment methods offer flexibility and security, allowing you to easily and securely fund your trading account.

5. Download the platform and start trading

Leverage

ADSS offers leverage for trading in different instruments:

Indices: Trade major indices such as FTSE, S&P500, Dow Jones, German Dax, Nasdaq, and CAC 40 with leverage of up to 333:1.

Forex: Access major currency pairs like EUR/USD, GBP/USD, USD/JPY, as well as minor and exotic pairs with leverage of up to 500:1.

Equities: Take positions on UK shares, US shares, German shares, Saudi shares, and other euro shares with leverage ratios varying from 4:1 to 20:1.

Cryptos: Trade popular cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin with leverage ratios ranging from 2:1 to 4:1.

Commodities: Engage in trading commodities such as US Crude, Gold, Silver, Coffee, Natural Gas, and Copper with leverage ratios ranging from 20:1 to 200:1.

Note: Leveraged trading involves risks and should be carefully considered.

Here is a comparison table of maximum leverage offered by different brokers:

Broker ADSS RoboForex Pocket Option Tickmill Exness AMarkets
Maximum Leverage 1:500 1:2000 1:500 1:500 1:3000 1:3000

Spread & Commissions

ADSS, like most brokers, makes a profit from spreads instead of charging commissions. Prices are competitive and traders can view current prices at any time. For CFDs and forex pairs, you can view the value, the change, the percent change, the open, the high, the low, and the previous. You can also view the required margin in percentage.

The broker does offer variable or fixed spreads. The target spreads for EUR/USD range from 1.6 to 2.4 pips depending on account type.

The Classic Account with a minimum deposit of $100 makes it more affordable for the most conservative traders, yet it carries higher spreads than the Elite account type. In the Classic account, target spreads drop to 1.6 pips on the EUR/USD. In contrast, ADSSs most competitive offering is the Elite account which requires a $200 000 deposit or a trading volume of more than $500 million per month. It comes with perks beyond discounted spreads.

Other spreads that traders can expect when trading with ADS Securities are:

GBP/USD Average: 1.1 pips

USD/JPY Average: 1.1 pips

AUD/USD Average: 0.8 pips

USD/CHF Average: 2.3 pips

Non-Trading Fees

There is a $15 processing fee per withdrawal, plus additional fees may be applied on the bank's side. The broker does not charge commissions for depositing funds, and there are no fees for inactivity on the account.

Trading Platforms

ADSS provides two trading platforms for its clients: ADSS Platform and MT4 (MetaTrader 4)

  1. ADSS Platform: The ADSS platform offers essential functionalities such as a product page, order ticket, charting tools, blotters, account summary, and funding options. It provides traders with an overview of relevant information, including price evolution charts, daily statistics, instrument overviews, and product access details. By expanding the view, traders can access additional trading information such as order sizes, margin requirements, commissions (if applicable), and overnight holding costs. The platform also displays any active working orders for efficient position management.

trading-platform

2. MT4 (MetaTrader 4): ADSS offers access to the widely recognized MT4 platform, known for its advanced charting capabilities, fast trade execution, and extensive range of technical analysis tools. Traders can benefit from the features and flexibility of MT4, including its user-friendly interface and robust functionalities. ADSS has customized the MT4 platform to ensure a secure and efficient trading experience for its clients.

trading-platform

Both platforms provide traders with the necessary tools and features to meet their trading needs. They offer charting options, order placement capabilities, and execution efficiency to enhance the overall trading experience.

Deposit & Withdrawal

ADSS offers multiple deposit and withdrawal methods for its clients. Deposits can be made using methods such as bank wire transfer, credit card, online bank transfer, Skrill, Neteller, and Cash U. Notably, ADSS stands out as the only broker in the UAE that provides funding through UAEPGS, a local payment gateway. Clients can also withdraw funds using the same options available for deposits.

While ADSS offers a diverse selection of deposit and withdrawal methods, it's important to consider that the broker applies a withdrawal fee of $15 for all withdrawal transactions. This withdrawal fee has had a negative impact on the broker's overall rating. On the other hand, ADSS does not impose any charges on deposits, although clients should be aware that their payment providers may apply fees.

There are many ways to deposit funds into ADSS accounts, so clients will have enough options to choose from. As a MENA-focused broker, ADSS provides the opportunity to use the local UAEPGS (UAE Payment Gateway Services) solution. Traders should note that there is no deposit fee at ADSS.

Deposit Method Base Currencies Fees
Wire Transfer USD No
Credit Card USD No
Online Bank Transfer USD No
Skrill USD No
Neteller USD No
Cash U USD No
UAEPGS AED No

The same options that are available for deposits can be used for withdrawals. Traders should note that ADSS charges a $15 withdrawal fee for all withdrawal methods.

Withdrawal Method Base Currencies Fees
Wire Transfer USD $15
Credit Card USD $15
Online Bank Transfer USD $15
Skrill USD $15
Neteller USD $15
Cash U USD $15
UAEPGS AED $15

Customer Support

The ADSS customer support team is multilingual and can be reached 24/5. The quickest way to get support is to use the instant web chat facility on the website. There is also an 'Enquiry form' on the 'Contact us' page of the website. A support representative will respond by email or by calling the enquirer. There are several phone lines provided by the support team. They can also be reached through email and fax. On social media, ADSS is on Facebook, Twitter, LinkedIn, and Instagram.

Client Enquiries:

Email: ts@adss.com

Phone: +971 2 657 2414

Address:

8th floor, CI Tower

Corniche Road, PO Box 93894

Abu Dhabi, United Arab Emirates

customer-support

Educational Resources and Community Support

ADSS provides a range of educational resources and community support to help traders enhance their skills and knowledge:

1. Learning Materials: ADSS offers a variety of learning materials, including trading guides, video tutorials, and a comprehensive financial glossary. These resources empower traders by providing them with the necessary information and understanding of trading terms and concepts.

2. Seminars and Webinars: ADSS organizes seminars and webinars conducted by industry experts. These events serve as valuable learning opportunities for both beginner and experienced traders. Participants can gain insights, learn new strategies, and stay updated on market trends.

3. FAQ Section: ADSS has a dedicated page that addresses common questions and provides answers related to ADSS, trading account information, and trading basics. This section aims to assist prospective clients and beginner traders by addressing their queries and providing helpful information.

4. MT4 Platform Tutorials: ADSS offers tutorials specifically designed for traders who are new to the MT4 platform. These tutorials provide step-by-step guidance on using the platform effectively, helping traders navigate its features and functions.

5. Educational Webinars: ADSS conducts educational webinars that cover various topics, including the risks and rewards of trading. These webinars provide valuable insights and guidance to traders, enabling them to make informed trading decisions.

6. Training Workshops: ADSS organizes training workshops in the UAE and UK, offering traders the opportunity to enhance their trading skills through practical training sessions.

These expert educational resources, seminars, webinars, tutorials, and workshops collectively support the ADSS trading community, fostering continuous learning and improvement among traders.

educational-resources

User Experience and Additional Features

ADSS offers a range of user experience enhancements and additional features to support traders in their trading activities. Traders can access exclusive market analysis provided by the research team, which includes daily and weekly market emails. These emails provide insights into market trends, fundamental analysis, and market sentiment on widely traded instruments. This information can assist traders in staying informed about the market conditions.

Furthermore, ADSS offers daily analysis and trading ideas delivered directly to traders' inboxes. This feature keeps traders updated on the latest market developments and provides potential trading opportunities. Additionally, ADSS provides technical data, including forex analysis via Autochartist trade set-ups, which can help traders analyze market trends and make informed trading decisions.

These user-friendly features and additional resources aim to enhance the trading experience for ADSS clients. By providing market analysis, trading ideas, and technical insights, ADSS supports traders in their decision-making process and helps them stay informed about market conditions.

user-experience

Conclusion

ADSS is a regulated brokerage company that provides traders with access to various financial markets and a range of account types to suit their needs. While it offers advantages such as competitive spreads, leverage, and multilingual support, there are also disadvantages to consider, including the abnormal regulatory status of the SFC and the withdrawal fee. Traders should carefully evaluate these factors before deciding to trade with ADSS.

Pros Cons
FCA-Regulated MT5 trading platform is not availabl
MT4 trading platform Lack of a comprehensive trading academy
Demo & Islamic accounts available Clients from some countries are not allowed to register
Professional customer support No 7/24 customer support available
Acceptable minimum deposit of $100
Competitive spreads and fees

FAQs

Q: Is ADSS regulated?

A: ADSS is regulated by the Financial Conduct Authority (FCA) and the Securities and Futures Commission of Hong Kong (SFC). However, it's important to note that the regulatory status of the Securities and Futures Commission of Hong Kong (SFC) is listed as “Revoked.”

Q: What are the tradable assets offered by ADSS?

A: ADSS offers indices, forex, equities, cryptocurrencies, and commodities as tradable assets.

Q: What are the different account types offered by ADSS?

A: ADSS provides Classic, Elite, and Elite+ account types to cater to traders with different capital sizes.

Q: What is the minimum deposit required to open an account with ADSS?

A: The minimum deposit required to open an account with ADSS is $100.

Q: What is the maximum leverage offered by ADSS?

A: ADSS offers leverage of up to 500:1.

money-partners
Key Information Details
Company Name Money Partners
Years of Establishment 15-20
Headquarters Japan
Office Locations Tokyo, Japan, and Hong Kong
Regulation Financial Services Agency (FSA)
Tradable Assets Forex, Stocks, Indices, Commodities, Cryptocurrencies
Account Types Standard, Raw ECN, MT4 ECN, Islamic
Minimum Deposit ¥10,000
Leverage Up to 1:400
Spread As low as 0 pips
Deposit/Withdrawal Methods Bank transfer, Credit/debit cards, E-Wallets
Trading Platforms MetaTrader 4, MetaTrader 5, Money Partners' proprietary platform
Customer Support Options Chat service, Inquiry form, Phone

Overview of Money Partners

Money Partners, headquartered in Japan, operates as a regulated forex and CFD broker under the Financial Services Agency (FSA). The company offers a selection of account types, including Standard, Raw ECN, MT4 ECN, and Islamic, each with specific minimum deposits and leverages. Traders can access a range of tradable assets encompassing forex, stocks, indices, commodities, and cryptocurrencies. Money Partners provides access to multiple trading platforms, including MetaTrader 4, MetaTrader 5, and its proprietary platform. They offer various deposit and withdrawal methods and extend customer support through various channels, including inquiries, chat, email, and phone. However, the company appears to exclusively conduct business in Japanese as per their website.

Overview of Money Partners

Regulation

The authorized status employed by Money Partners involves regulation by the Financial Services Agency (FSA) of Japan. Their license number 2028 signifies compliance with Japanese financial regulations pertaining to forex and CFD brokerage services. This regulatory authority oversees the financial activities of the company within Japan and enforces adherence to established financial laws and guidelines.

Regulation

The FSA-regulated license status signifies that Money Partners operates under the supervision of the Japanese government's financial regulatory body. This type of regulation aims to maintain the financial stability and transparency of financial service providers, ensuring their compliance with legal and operational standards. Advantages associated with this regulation include increased oversight, which can contribute to investor confidence and the prevention of financial misconduct. It also aligns the brokerage with national financial regulations, providing a level of assurance to traders operating within the Japanese market.

Pros and Cons

Pros Cons
Regulated Brokerage Japanese-Language Only
Multiple Account Types Limited Leverage for Cryptocurrencies
Range of Tradable Assets Withdrawal Fees
Accessible Trading Platforms Inactivity Fee
Customer Support Options

Pros:

Regulated Brokerage: Money Partners operates as a regulated forex and CFD broker under the Financial Services Agency (FSA) of Japan, ensuring compliance with local financial regulations and enhancing trader confidence.

Multiple Account Types: The company offers various account types, including Standard, Raw ECN, MT4 ECN, and Islamic, accommodating different trading preferences and minimum deposit requirements.

Range of Tradable Assets: Money Partners provides access to a range of tradable assets, including forex, stocks, indices, commodities, and cryptocurrencies, allowing traders to diversify their portfolios.

Accessible Trading Platforms: Traders can choose from multiple trading platforms, including MetaTrader 4, MetaTrader 5, and Money Partners' proprietary platform, offering flexibility and choice.

Customer Support Options: The brokerage offers various customer support channels, such as inquiries, chat, email, and phone, ensuring accessibility for clients seeking assistance.

Cons:

Japanese-Language Only: Money Partners appears to exclusively conduct business in Japanese, potentially limiting accessibility for non-Japanese-speaking traders.

Limited Leverage for Cryptocurrencies: While the broker offers leverage for other assets, the maximum leverage for cryptocurrencies is relatively low at 1:2, potentially restricting trading opportunities for cryptocurrency enthusiasts.

Withdrawal Fees: Certain withdrawal methods incur fees, such as the ¥550 fee for withdrawing funds to a Japanese bank account via bank transfer, which could affect the cost-effectiveness of transactions.

Inactivity Fee: Money Partners imposes a ¥1,000 inactivity fee per month for accounts with no trading activity for six months or more, which may discourage occasional or inactive traders.

Monolinguistic Website/Services

Money Partners' website operates exclusively in the Japanese language, limiting access and usability for individuals who do not comprehend Japanese. The absence of multilingual support or translation options could pose a considerable barrier to international users seeking to navigate the platform effectively. This language restriction may hinder the accessibility of vital information and services, potentially deterring non-Japanese-speaking traders from utilizing Money Partners' offerings.

Market Instruments

Money Partners offers forex, stocks, indices, commodities, and cryptocurrencies for trading. Details are as follows:

Forex: Money Partners provides access to the forex market, allowing traders to engage in currency trading. This involves buying one currency while simultaneously selling another. Examples of forex products offered include major and minor currency pairs such as EUR/USD, USD/JPY, and GBP/USD.

Stocks: The brokerage offers trading in stocks, which are ownership shares of publicly-traded companies. Traders can invest in individual stocks, potentially benefiting from price fluctuations.

Indices: Money Partners enables trading on indices, which are a collection of stocks representing a particular market or sector. Traders can speculate on the performance of these indices, such as the Nikkei 225, S&P 500, or the DAX 30.

 Market Instruments

Commodities: Commodities trading allows users to speculate on the prices of raw materials like oil, gold, and agricultural products. Money Partners may offer access to various commodities.

 Market Instruments

Cryptocurrencies: Money Partners caters to cryptocurrency enthusiasts by facilitating trading in digital currencies like Bitcoin. However, the maximum leverage for cryptocurrencies is limited to 1:2, potentially affecting trading opportunities.

Here is a table comparing Money Partners to other brokers in this regard:

Broker Market Instruments
Money Partners Forex, Stocks, Indices, Commodities, Cryptocurrencies
OctaFX Forex, Indices, Commodities, Cryptocurrencies
FXCC Forex, Indices, Commodities
Tickmill Forex, Indices, Commodities
FxPro Forex, Stocks, Indices, Commodities, Cryptocurrencies

Account Types

Money Partners offers four account types: Standard, Raw ECN, MT4 ECN, and Islamic. Specifics are as follows:

Standard Account: The Standard Account offered by Money Partners is tailored to beginner traders with a minimum deposit requirement of ¥10,000. This account type features spreads of 1.5 pips or higher, offering favorable conditions for trading various assets.

Raw ECN Account: Money Partners' Raw ECN Account is designed for experienced traders seeking tight spreads. It necessitates a higher minimum deposit of ¥100,000 and offers spreads starting from 0 pips.

MT4 ECN Account: The MT4 ECN Account is aimed at traders who prefer the MetaTrader 4 platform and tight spreads. It requires a minimum deposit of ¥10,000 and offers spreads starting from 0 pips.

Islamic Account: Money Partners offers an Islamic Account designed for Muslim traders, providing a swap-free option. This account type shares a minimum deposit requirement of ¥10,000 and features spreads of 1.5 pips or higher.

Account Type Minimum Deposit Spreads
Standard Account ¥10,000 1.5 pips or higher
Raw ECN Account ¥100,000 0 pips or higher
MT4 ECN Account ¥10,000 0 pips or higher
Islamic Account ¥10,000 1.5 pips or higher

How to open an account?

  1. The first step would be to navigate to the red “Open Checking Account” button, which is located at the top right side of the screen.

  2. After inputting personal information and contact information, there will be a verification of the phone number or email.

  3. Last, in order to complete the accout creation process, the user is required to possess a Japanese ID, meaning that the services of Money Partners are not available to international customers.

  4. Once Money Partners verifies the information, the account creation is completed.

Minimum Deposit

Money Partners offers varying minimum deposit rates across its account types to cater to different trading preferences. The Standard and MT4 ECN accounts have a minimum deposit requirement of ¥10,000, while the Raw ECN account demands a higher deposit of ¥100,000. The Islamic account also requires a ¥10,000 minimum deposit. These distinct deposit rates allow traders to choose an account type that aligns with their trading goals and financial capacity, promoting flexibility within the brokerage's offerings.

Leverage

Money Partners provides varying leverage options for different market instruments. The company offers a maximum leverage of up to 1:400 for forex trading, 1:20 for stocks, 1:100 for indices and commodities, and 1:2 for cryptocurrencies. This range of leverage ratios caters to traders with varying risk appetites and preferences, allowing for different levels of leverage depending on the asset class being traded.

The following table compares Money Partners to competing brokerages in terms of maximum leverage:

Broker Forex Stocks Indices Commodities Cryptocurrencies
Money Partners 1:400 1:20 1:100 1:100 1:2
OctaFX 1:500 N/A 1:500 1:125 1:2
FXCC 1:300 N/A 1:300 1:200 1:5
Tickmill 1:500 N/A 1:500 1:125 1:5
FxPro 1:500 N/A 1:500 1:125 1:10
Leverage

Spread

Money Partners provides spreads for its trading services that are determined by factors such as the currency pair and prevailing market conditions. In the case of the Raw ECN and MT4 ECN accounts, spreads commence at 0 pips, which can be appealing to traders looking for narrower spreads. Conversely, the Standard account offers spreads starting at 1.5 pips or higher, providing an option with wider spreads.

Deposit & Withdrawal

Money Partners offers a selection of deposit and withdrawal methods to facilitate transactions for its clients. These methods include bank transfers, credit/debit card payments, PayPal, Bitcoin, and various other e-wallet options. While the brokerage does not charge deposit fees, it is important to note that withdrawal fees may apply for certain methods, such as a ¥550 fee for withdrawing funds to a Japanese bank account via bank transfer. The availability of multiple payment options provides flexibility for clients to choose the most convenient method for their financial transactions, depending on their preferences and location.

Deposit & Withdrawal
Deposit & Withdrawal

Trading Platforms

Money Partners provides traders with access to multiple trading platforms, offering flexibility and choice. These platforms include MetaTrader 4, MetaTrader 5, and Money Partners' proprietary platform. MetaTrader 4 and MetaTrader 5 are widely recognized in the industry and favored for their comprehensive trading features and technical analysis tools. Money Partners' proprietary platform likely offers a unique trading experience.

Trading Platforms
Trading Platforms

The following table compares the trading platforms offered by Money Partners to those of other competing brokerages:

Broker Trading Platforms
Money Partners MetaTrader 4, MetaTrader 5, Proprietary Platform
OctaFX MetaTrader 4, MetaTrader 5, cTrader
FXCC MetaTrader 4, MetaTrader 5
Tickmill MetaTrader 4, MetaTrader 5, WebTrader
FxPro MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge

Customer Support

Money Partners offers multiple customer support options, including phone support, an inquiry form, and a chat feature, allowing clients to choose the most suitable channel for their inquiries and assistance needs.

Customer Support

Phone Support: Money Partners offers phone support through the number 0120-860-894, available during limited hours from Monday to Friday, 9:00 AM to 6:30 PM. This channel allows clients to make direct inquiries and receive assistance over the phone.

Inquiry Form: Clients can utilize an inquiry form on Money Partners' website to submit their queries or requests. This method provides a written channel for communication and is accessible for clients seeking assistance.

Chat Feature: Money Partners provides a chat service for clients to engage in real-time conversations with support representatives. This live chat feature is available during specified hours and offers a convenient way to receive immediate assistance.

Conclusion

Money Partners emerges as a regulated forex and CFD brokerage with a clear focus on providing financial services to a Japanese clientele. Founded over a decade ago, the company boasts a track record of compliance with the Financial Services Agency (FSA) of Japan, underscoring its commitment to adhering to stringent regulatory standards. Offering a range of trading platforms, including MetaTrader 4 and 5, as well as their proprietary platform, Money Partners caters to traders seeking various tools for their financial endeavors. Additionally, the broker extends multiple customer support options, enabling clients to access assistance through phone inquiries, inquiry forms, and live chat services during specified hours.

While their trading account options cater to a variety of trading preferences, the lack of website accessibility in languages other than Japanese and the requirement for a Japanese address during registration suggest a primary focus on serving domestic traders. This geographical limitation, coupled with potential language barriers, may deter international traders seeking their services.

FAQs

Q: What is Money Partners' main regulatory status?

A: Money Partners is regulated by the Financial Services Agency (FSA) of Japan.

Q: Can clients outside of Japan access Money Partners' services?

A: Money Partners appears to primarily serve a Japanese clientele, limiting accessibility for international traders.

Q: What are the available trading platforms at Money Partners?

A: Money Partners offers MetaTrader 4, MetaTrader 5, and its proprietary trading platform.

Q: How can clients contact Money Partners' customer support?

A: Clients can reach out through phone support, an inquiry form, or a live chat feature during specified hours.

Q: Are there deposit fees at Money Partners?

A: Money Partners does not charge deposit fees, but withdrawal fees may apply for certain methods.

Q: What are the minimum deposit rates for Money Partners' accounts?

A: Money Partners provides varying minimum deposit rates, starting at ¥10,000 for some account types and ¥100,000 for others.

Are the transaction costs and expenses of adss, money-partners lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive adss and money-partners are, we first considered common fees for standard accounts. On adss, the average spread for the EUR/USD currency pair is -- pips, while on money-partners the spread is --.

Which broker between adss, money-partners is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

adss is regulated by SFC,SCA. money-partners is regulated by FSA.

Which broker between adss, money-partners provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

adss provides trading platform including PRO,ELITE,Classic and trading variety including --. money-partners provides trading platform including -- and trading variety including --.

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