Ajax Financial Inc Detail Report | Forex Broker

Company Name: Ajax Financial Inc.
Broker website: http://www.ajaxfinancial.com/
Country where domiciled: Canada
Operational Since: 2009
International offices: N/A
Broker Type: ECN/STP
Regulation: Ombudsman for Banking Services and Investments (OBSI)
Broker Status: Independent Broker
Accept US clients: No
Minimum deposit
Mini Account minimum deposit ($US): Below, please find the minimums:

  • The Minimum for Ajax Avalon ECN FXPro Trading System and Ajax Financial ECN MetaTrader 4 is US$ 500.00
  • The Minimum for Ajax Financial Currenex Viking Hub is US$ 2,500.00
  • The Minimum for Ajax Financial Currenex Classic Hub is US$ 5,000.00
  • The Minimum for Ajax Financial Currenex Viking Hub and Ajax Financial Currenex Classic Hub FIX API is US$ 10,000.00


Standard Account minimum deposit ($US): The minimum deposit is dependent of the type of platform.
ECN Account minimum deposit ($US): All platforms are ECN/STP environments bridged via FIX API to our Currenex Hub. Minimum account size is US$ 500.00 as in the answer above
Base account Currencies offered: US dollars
Maximum Leverage for a Mini account: 100:1
Maximum Leverage for a Standard account: 100:1
Maximum Leverage for an ECN account: 100:1
Minimal lot size for a Mini account: 10,000
Minimal lot size for a Standard account: 100,000
Minimal lot size for an ECN account: 10,000
Funding Methods: Ajax Financial welcomes bank wires from bank accounts in clients name. We also accept credit card payments provided that such credit card is in a client’s name that has been verified and tied to a bank account that is also in the client’s name. 
Withdrawal Methods: As per Canadian rules and regulations, the only allowable method for withdrawal is via a bank wire to a bank account in the client’s name and only after the client fills out a withdrawal request.
Spreads, fees and commissions
Commission: Yes
Spread type: Variable
Spread on EURUSD on a Mini account: .02 – 0.9
Spread on EURUSD on Standard account: Same as above
Spread on EURUSD on ECN account: Same as above
vip benefits (retail & institutional)
Premium trading conditions for VIP clients both retail and institutional: As an ECN/ STP broker which generates its revenue from commission charged on trades executed through our platforms is deep discounted commission on for HFT and scalpers. We also furnish designated staff for HFT and institutions to promptly attend to their needs
Minimum deposit for the above accounts: Ajax Financial Is more interested in volume cleared as opposed to account size. The above preferential treatment is given to HFT, scalpers and institutional accounts.
Lowest spreads for EURUSD there: 0.2
Main Advantages: -



Scalping allowed: Yes! In addition, Ajax Financial Inc. offers deep discounted commission to large volume scalpers
Hedging allowed: Yes
Expert Advisors allowed: Yes on MT4. We also offer API trading facilities on both of our Currenex environments
Trading platforms available: -          Ajax Financial Currenex Viking-          Ajax Financial Currenex Classic

-          Ajax Financial Avalon FX Pro

-          Ajax Financial ECN MetaTrader4

-          Ajax Charts

In addition to the above, Ajax Financial Inc. offers the following:

-          VPS services;

-          IPHONE/ IPAD and Android services

-          Web based trading

Trading platform’s time zone: Mostly GMT but in some environments could be adjusted according to clients’ preferences
Decimal Pricing: 5 digits
Execution: Market execution
Total number of liquidity providers: 15
Trailing stops: Yes
OCO orders: In most platforms
One-Click execution: Yes
Mobile Trading: Yes
Web-based trading: Yes
API Solutions: Yes
Currency Pairs total, exotic pairs: 38
Gold, Silver: Yes
Oil: No
CFD’s: No
Trading Instruments offered besides Forex: No
MAM/ PAMM solutions for Fund Managers: Yes
Managed Account Services for investors: Yes
Swap-free Accounts: As it is known, such option is not available on liquidity hubs. Having said that, Ajax Financial offers such service by absorbing any rollover fee and by applying a flat fee per mini or standard lot
Segregated accounts: Yes, please read below:Is My Forex Account Deposit Protected?

At Ajax Financial Inc., nothing is more important than the confidence we place in those who handle our clients’ deposits. At Ajax Financial, we have decided to assign such task toFundadminstration, one the globe’s most reputable trust administrators.

According to the contractual agreement between both of our organizations, all clients’ deposits shall be held in segregated account held at Wells Fargo Bank, N.A. London Branch and in complete isolation from Ajax Financial Inc. Furthermore, Ajax Financial Inc. has engaged Fundadminstration to provide custodial international banking services which include cash reconciliation and management. As a fiduciary to Ajax’s clients,Fundadminstration service provides a level of comfort that their customers can trust to safeguard their assets.”, which translates to clients deposits being fully protected against the unforeseen situation of credit default.

About FundAdministration, Inc.

FundAdministration is a global administrator with offices located in New York, just outside the country’s largest financial center. The firm provides a wide range of services to investment managers, hedge funds, fund of funds, private equity funds, brokerage firms and major financial institutions. Fundadministration is led by a team of experienced professionals and is committed to providing a high level of service, tailored to our client’s specific needs.


Interest on unused margin: No
Bonuses or rewards: No
Trading Contests: No

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