USDMXN

US Dollar vs Mexican Peso

Forex spot

0.13%

Low - High

19.96865 - 20.01365

Spread

Swap Long

-353.18

Swap Short

104.63

Margin Req.

Trading Size

0.01 - 1000

Contract Size

100000

Leverage Up To

1:50

3-Day SWAPs

Wednesday

Commission per lot (single side)

CLASSIC $0 PRO $3 VIP $1.5

Open	Monday 00:05

Close

Friday 23:59

Server Time

GMT+2

Daily Break

23:59-00:05

About

USDMXN

USDMXN refers to the abbreviation for the US Dollar and Mexican Peso pair. Mexico has close geographical, political and commercial ties to the US, making the Mexican currency to be highly responsive to policy changes from the latter. Following a recent survey by the Bank of International Settlements, the USD/MXN pair was shown to represent 2.1% of all forex trading by daily volume. Since the entry of Trump's administration, the pair has been nicknamed the "Trump Trade" because of volatility prompted by Donald Trump's tough stance against US-Mexico trade policies. The most preferred times to trade USD/MXN is during the US trading session.

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LICENCES AND AUTHORISATIONS

TTCM Traders Capital Limited (herein "TTCM BM")is a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrar of Companies under Company number 54135, with registered address 5th Floor, Andrew’s Place, 51 Church Street, Hamilton HM 12, Bermuda

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