Compare brokers side by side
Compare legal entities, evidence and account features. Choose any two researched profiles.
| What to compare | ADSSProfile & sources → | BullwavesProfile & sources → |
|---|---|---|
| Legal entity | ADS Securities L.L.C S.P.C | Equitex Capital Limited |
| Service scope | UAE trading entity | Overseas entity |
| Reported regulator | CMA | Seychelles FSA · broker disclosure |
| Licence reference | 305027 (Category 1); 20200000217 (Category 5) | SD185 |
| Licence evidence | Broker disclosure | Broker disclosure |
| Published platforms | ADSS, MT4, MT5 | Unconfirmed |
| Published funding minimum | Unconfirmed | US$100 |
| AED base account | Unconfirmed | Unconfirmed |
| Swap-free terms | Unconfirmed | Unconfirmed |
| Live-account testing | Not performed | Not performed |
How to interpret the difference
ADSS
ADSS is a relevant starting point when you want to investigate a locally licensed trading entity. Its website identifies a Category 1 permission and a separate Category 5 introduction permission. Check that the account agreement names the trading entity and covers the product you intend to use.
The site lists an ADSS platform alongside MetaTrader. Platform choice should follow a demo check of the order ticket, statements and withdrawal workflow. We have not measured execution quality or completed a deposit or withdrawal.
Check the sources and limitations →Bullwaves
The bullwaves.com legal disclosure names Equitex Capital Limited and Seychelles FSA licence SD185. This profile concerns that website and entity. It does not establish a UAE licence or extend another regulator’s protections to a UAE resident.
The site advertises a Classic account from US$100 and different starting spreads for Classic, VIP and ECN accounts. Those are advertised thresholds, not measured trading costs. Request a current fee schedule, contracting entity and written eligibility confirmation before using these figures for a decision.
Check the sources and limitations →