Forex Brokers

Adderley Davis and Associates

1.3 (9 reviews)
🇦🇺 Australia
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1.3
9 reviews
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About Adderley Davis and Associates

Adderley Davis and Associates has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". International customer service fax numbers: Hong Kong: (852) 3015 8577 Sydney: (61) 2 9475 1325 Zurich: (41) 44 274 2399 UK : (44) 845 280 1408

Phones: 971 6557 0122, fax 971 6557 0312

Addresses: Suite Z-12 PO Box 849 Sharjah Airport Free Zone Sharjah UA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.adderleydavis.com.

Customer Reviews

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Horrible from beginning to end

C
Courtney X.
2 weeks ago

Do not believe the bonus offer from Adderley Davis and Associates. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited based on a colleague's recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Multi-currency support|Wide product range|No hidden fees

Cons: Limited cryptocurrency options

No real market analysis

Z
Zoe Z.
1 months ago

The platform at Adderley Davis and Associates is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for just over a year of dealing with this, I have had enough.

Pros: Intuitive for beginners|Customizable dashboard|Automated trading options|Regular updates

Cons: Minor UI glitches occasionally|No live chat on mobile

Refund request ignored for months

M
Mia X.
4 months ago

Where do I even begin with Adderley Davis and Associates? for about ten months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Social trading features|Full transparency|Excellent charting

Cons: No fractional shares

Spam emails after unsubscribing

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Tyler G.
6 months ago

Do not be fooled by the professional-looking website. Behind the scenes, Adderley Davis and Associates is disorganized and incompetent. I found them based on a colleague's recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Multi-device support|Easy to use platform|Detailed reporting|Customizable dashboard

Cons: Spreads widen during volatile periods|Search feature is basic

Does not even meet basic standards

E
Emma P.
7 months ago

My withdrawal from Adderley Davis and Associates was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about three months of being strung along.

Pros: Regular platform improvements|Transparent fees

Cons: Currency conversion fee exists|Help articles are sometimes vague

System failures and silence from support

S
Susan Y.
9 months ago

I closed a profitable position at Adderley Davis and Associates and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Educational resources|Great customer service

Cons: Could offer more webinars|Website design could be more modern

No MT4/MT5 export

M
Melody D.
9 months ago

Adderley Davis and Associates advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Portfolio tracking tools|Responsive team|Educational resources|Fast deposits

Cons: No phone support on weekends|Wait times can be long during peak hours

Social trading is fake

K
Kimberly O.
11 months ago

The mobile app from Adderley Davis and Associates is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Intuitive for beginners|Competitive fees

Cons: No phone support on weekends|Some tools only available on higher tiers

Do not waste your money here

L
Luke T.
12 months ago

Customer support at Adderley Davis and Associates seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.

Pros: Market news feed|Reliable uptime

Cons: No integrated tax optimization