GBP/MXN


traders view logo Charts by TradingView

Pricing is indicative. Past performance is not a reliable indicator of future results. Log in to see latest markets data.

GREAT BRITAIN POUND/ MEXICAN PESO TRADING

The Great Britain pound (GBP) and Mexican Peso (MXN) is an exotic currency pair and is not traded so often as the majors but still gain in popularity. The British pound, also known as “Sterling” or “Cable” is the 4th most traded currency globally. The Mexican Peso is popular in Latin America and is issued by the Bank of Mexico.

History of GBP MXN Trading

The Great British pound (GBP) is the fourth most traded currency in the forex market, after the United States dollar, the Euro, and the Japanese yen. Along with those three currencies and the Chinese yuan, it forms the basket of currencies that calculate the IMF special drawing rights value. Additionally, it is the fourth most held reserve currency globally after the middle of 2021.

The Mexican Peso (MXN) was first produced in 1863 and worthed one-hundredth of the peso. The coins continued in circulation until the middle of the 20th century, but their content of gold decreased significantly over time. The Mexican Peso is the 15th most traded currency globally and the most traded in Latin America and is often presented with the symbol $ or Mex$.

GBP/MXN Forex Chart
Instrument: GBP/MXN
Spread: floating
Leverage: 1:20
Margin: 5.00%
Minimum Nominal Trade Size: 1000
Overnight Interest (daily) Sell: 15.71%
Overnight Interest (daily) Buy: -546.84%
Trading Hours (GMT): 24/5
MT5 / MT4 Symbol: GBP/MXN

GBP/MXN Trading FAQs

While forex pairs can theoretically be traded 24 hours a day, there are optimum times to trade the GBP/JPY whenever the currency pair is more volatile. From 08:30 a.m to 10:00 am, the GBP/MXN is usually busy (ET). This period keeps the GBP/MXN pair active and liquid throughout much of the U.S. equity and futures exchange hours.

Why Trade GBP/MXN with FP Markets? An Australian-regulated forex & CFD broker
go long or short
Go Long or Short

Increase your ability to profit in
all market conditions
Leverage options up to 20:1

direct market access
Direct Market Access (DMA) Execution

Real-time, transparent share prices
Control, Functionality and deep liquidity
Full Market depth & see your orders in the queue

advanced platforms
Advanced Platforms
& Technology

MT4, MT5, Webtrader & Iress with
superior client portal

24/5 Multilingual customer support
24/5 Multilingual
Customer Support

Award winning support &
personal account managers

global exposure
Global Exposure

Low margins and competitive commission
+10,000 products on global stocks
across 4 continents

earn dividends
Earn Dividends

On long positions
No ownership of physical
shares necessary

Bắt đầu với nhà môi giới được Australia Quản lý

bullet Truy cập trên 10.000 công cụ tài chính
bullet Tự động mở & đóng vị thế
bullet Lịch sự kiện tin tức & kinh tế
bullet Chỉ báo & biểu đồ kỹ thuật
bullet Bao gồm nhiều công cụ hơn

Bằng việc cung cấp email của mình, bạn đồng ý với chính sách về quyền riêng tư của FP Markets và nhận các tài liệu marketing trong tương lai từ FP Markets. Bạn có thể hủy đăng ký bất cứ lúc nào.




Source - database | Page ID - 5892

Get instant Updates in Telegram