Advisor Dealer Services Inc (ADS Inc.) has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Note: this company is not connected and should not be confused with the legitimate firm Advisor Dealer Services Inc (ADS Inc) of 6125 Memorial Drive Dublin Ohio USA telephone 866-633-3371 which is a registered broker in the USA (CRD No. #36773 )
Phones: 614 495 0155, fax 614 4484538
Addresse... 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.adviser-inc.com.
The so-called education at Advisor Dealer Services Inc (ADS Inc.) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for the past year and a half thinking they would help me learn.
Pros: Multiple order types|Easy withdrawals
Cons: Currency conversion fee exists|Onboarding videos are outdated
My withdrawal request from Advisor Dealer Services Inc (ADS Inc.) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Wide product range|Regular platform improvements|Smooth onboarding|Good mobile app
Cons: Desktop app not available on Linux|Some tools only available on higher tiers
I wanted to transfer my portfolio from another broker to Advisor Dealer Services Inc (ADS Inc.). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Great customer service|Good analytical tools|Personal attention|Professional team
Cons: Desktop app not available on Linux
The mobile app from Advisor Dealer Services Inc (ADS Inc.) 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: Demo account available|Market news feed
Cons: None so far
Advisor Dealer Services Inc (ADS Inc.) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Copy trading available|Personal attention
Cons: Some tools only available on higher tiers|Website design could be more modern
After using Advisor Dealer Services Inc (ADS Inc.) for nearly two years, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Real-time alerts|Helpful community forum|Transparent fees|Easy withdrawals
Cons: Alert system is basic|No crypto staking
What really bothers me about Advisor Dealer Services Inc (ADS Inc.) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a financial advisor and I fell for the polished exterior. Never again.
Pros: No hidden fees|Professional team|Comprehensive tools
Cons: Limited ETF selection|Wait times can be long during peak hours
Advisor Dealer Services Inc (ADS Inc.) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Multi-device support|Clear documentation
Cons: Email notifications too frequent|Charting tools need more indicators
I joined Advisor Dealer Services Inc (ADS Inc.) through word of mouth in my investment club and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Copy trading available|Demo account available
Cons: Nothing significant
KYC with Advisor Dealer Services Inc (ADS Inc.) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Automated trading options|Social trading features
Cons: Some tools only available on higher tiers|Search feature is basic