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Trade Responsibly. TNXTrade is not regulated by the JFSA and is not engaging in any action(s) which may be deemed to constitute a solicitation of financial services; this translated page is not intended for Japanese residents.TNXTrade is not regulated by the Brazilian Securities Commission; this translated page is not intended for Brazilian residents.Trade Responsibly.Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.59% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
TNXTrade is not regulated by the JFSA and is not engaging in any action(s) which may be deemed to constitute a solicitation of financial services; this translated page is not intended for Japanese residents.TNXTrade is not regulated by the Brazilian Securities Commission; this translated page is not intended for Brazilian residents.Invest Responsibly: Trading CFDs involves significant risks.

USDMXN - US Dollar / Mexican Peso

Swap Short: 0 PointsSwap Long: 0 Points
Low: 0.00Spread MT4 floatingHigh: 0.00
Global Stock Exchanges Session Times
Sydney
1:53 am (Local)
Opens in 7h 57m
Tokyo
12:53 am (Local)
Opens in 8h 7m
London
4:53 pm (Local)
Opens in 15h 7m
New York
11:53 am (Local)
Closes in 4h 7m

USD MXN Trading Chart

D1
W1
M1
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
cTrader
cTrader
MT4
MT5
Execution
Market Execution
Market Execution
cTraderSpreads + 0.45$ per 10K traded
Minimum: 17.00Average: 43.62
cTrader Limit and Stop Level0
Used Margin (1:100 leverage rate) in US Dollar1000 USD
Minimum contract size0.01 lot
1 TICK value per 1 lot in USD10 / USDMXN Rate
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0

Trading time (UK time) 10:00 PM Sunday - 10:00 PM Friday

* Only if Margin Level > 100%

The spreads provided are a reflection of the time-weighted average from 09:00AM - 21:00 PM (GMT) for the period of 01/8/2019 – 25/8/2019. Though TNXTrade attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal forex trading conditions. TNXTrade has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

Outside of Mexico, the USD/MXN currency combination is rarely traded, yet it can be an ideal choice for those who trade with a high-risk strategy. The pair performance depends on two of the world major economies: Mexico and the USA. The financial statuses of these regions are driven by highly divergent factors. For this reason, USD/MXN can be the perfect choice for the experienced traders.

Mexico is among the 10 largest oil-producing countries in the world. Due to these circumstances, it deliberately binds the cost of the Mexican peso to the oil prices. This state actively uses its impressive oil reserves not only in trading but also on the international arena, when concluding various contracts and processing loans. It is worth noting that international lenders are more actively taking the risks of countries that have a dominant oil industry.

Keep in mind that the Mexican peso is very similar to the Russian rouble: it always painfully reacts to the decrease of the oil prices.

If you are interested in trading the USD/MXN currency pair, contact TNXTrade today and open trading account in several minutes to test your trading strategy.

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