The MXN ranks eight in global liquidity, behind the USD, the Euro, the Japanese yen and the British pound, and its most popular currency pairing is with the US dollar. However, it still offers great opportunities for traders wanting to speculate on Central American markets.
This latest addition to the suite of instruments available in our Trade.MT5 account brings our Forex offering up to over 40 currency pairs. The USD/MXN will be available for trading from May 6, 2020 and has the following specifications at launch:
- Leverage: Up to 1:5
- Minimum contract size: 0.01 lots
- Minimum margin (per 1 lot): USD20,000