- Trading
- Instrument Specifications
- Currency Pairs
- USD / MXN Investing
Trade Dollar Mexican Peso with IFCM
USD/MXN Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 50 | 50 | 50 |
| Floating Spread, pip | 50 | 50 | 50 |
| Order distance, pip | 100 | 100 | 100 |
| Swap, pip (Long/Short) | -66.70 / -7.37 | -66.70 / -7.37 | -66.70 / -7.37 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 USD | 100.00 – 100000.00 USD | >=100.00 USD |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 MXN | 10 MXN | 10 MXN |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 50 | 50 | 50 | floating |
| Order distance, pip | 100 | 100 | 100 | 100 |
| Swap, pip (Long/Short) | -66.70 / -7.37 | -66.70 / -7.37 | -66.70 / -7.37 | -66.70 / -7.37 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 MXN | 10 MXN | 10 MXN | 10 MXN |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 50 | 50 | 50 | 50 |
| Order distance, pip | 100 | 100 | 100 | 100 |
| Swap, pip (Long/Short) | -66.70 / -7.37 | -66.70 / -7.37 | -66.70 / -7.37 | -66.70 / -7.37 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 MXN | 10 MXN | 10 MXN | 10 MXN |
USD/MXN Trading Hours
USD/MXN trading hours are the time when investors can buy and sell USD/MXN. The USD/MXN is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade USD/MXN during different trading hours. Depending on where you live, you may be able to trade USD/MXN at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when USD/MXN trading hours begin and end.
US dollar vs Mexican peso
Type: Exotic pair
The USD/MXN currency pair is sensitive to swings in broad-based market sentiment trends. The MXN is a typically higher-yielding currency and is attractive when investors are optimistic about the state of the global economy and prioritize returns over safety.
USDMXN Trading
The USDMXN currency pair is sensitive to swings in broad-based market sentiment trends. The MXN is a typically higher-yielding currency and is attractive when investors are optimistic about the state of the global economy and prioritize returns over safety. This pair presents how many Mexican pesos are needed to trade USDMXN. For a deeper understanding how to trade currency pairs, for example USDMXN, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair USDMXN | Forex | Exotic
The US dollar (USD, “Greenback”) is the most widely traded currency in the world. The issuer is the Federal Reserve System(the Fed).
- Is the most popular reserve currency, held by central banks, financial institutions and private investors
- Is considered as a “safe haven” currency in periods of instability due to universally recognized reliability of the US economy
- Is used as a standard payment unit in commodity markets
