Exness Forex trading in Mexico
Exness, Forex and CFD broker, is a reliable company verified by millions of clients with such reputable licenses as FCA, CySEC, FSCA, FSC, FSA, and more. Mexican traders can buy and sell a variety of trading instruments and assets including Forex pairs, Cryptocurrencies, metals, stocks, and energies.
The company’s website presents several platforms, such as the popular MT4 and MT5, as well as the web version without downloading and mobile applications. You can open standard and professional accounts, and use a free demo account for practicing and mastering various markets.
Exness is also known for its Social Trading, where clients can copy both individual transactions and entire portfolios, and top members share their experience and get rewarded.
The Exness website and tech support are available in several languages, including Spanish, which is quite convenient for Mexican clients. The broker is one of the most popular in the Latin American country and provides favorable trading conditions, which we will take a closer look at in this article.
Forex market and regulations in Mexico
Mexico is one of the most economically developed countries in Latin America, with a wide resource base and a diversified economy. It is the third most important foreign trade partner of the United States. The country has vast reserves of oil, gas, copper, and iron, about 80% of which it exports.
The Mexican peso (MXN) is the 8th most traded currency in the world and the 3rd in the Americas after the US dollar and the Canadian dollar. Currency pairs with the Mexican peso are less popular than major pairs, but nevertheless, the currency is quite highly liquid and provides access to emerging markets in Latin America.
Traders from Mexico are free to trade Forex and CFDs as it is legal to trade currency pairs and other instruments in the country. The Central Bank of Mexico, the Global Monetary Committee, and the National Banking and Securities Commission provide guidance on the regulation of Forex trading in Mexico but do not impose strict requirements. This, in turn, allows Mexican traders to choose any broker that suits them best. Many international brokers with reputable licenses, such as FCA and CySEC, are present in the Forex market in Mexico and provide favorable conditions, one of which is Exness.
Exness popular trading instruments in Mexico
Mexican clients can trade all the instruments presented on the Exness website, including such assets as currency pairs, commodities, stocks, indices, and Cryptocurrencies. Consider what conditions and offers the broker has for local traders.
Trading currency pairs with Exness in Mexico
The Mexican peso is one of the most traded currencies in the Western Hemisphere after the US and Canadian dollar. Especially for its clients who want to try their hand at trading with Mexican pesos, Exness offers several common currency pairs such as AUD/MXNm (Australian Dollar vs Mexican Peso), CAD/MXNm (Canadian Dollar vs Mexican Peso), CHF/MXNm (Swiss Franc vs Mexican Peso), EUR/MXNm (Euro vs Mexican Peso), GBP/MXNm (Great Britain Pound vs Mexican Peso), MXN/JPYm (Mexican Peso vs Japanese Yen), NZD/MXNm (New Zealand Dollar vs Mexican Peso), and USD/MXNm (US Dollar vs Mexican Peso).
Currency pairs are traded commission-free, with floating spreads and swaps, as well as maximum leverage that varies depending on your account equity, and the standard is 1:2000.
In addition to the Mexican peso currency pairs, traders can also choose from many major popular Forex pairs on the Exness site, which include a combination of the US dollar and other popular currencies (GBP, JPY, CHF, CAD, EUR, NZD, AUD). These currency pairs are the most liquid and widely traded pairs in the world.
As for the minor currency pairs, they do not contain the US dollar and are called cross pairs. Exness offers all cross pairs, including minors, except for USD/CNY, USD/THB, and USD/HKD.
Exness commodity trading in Mexico
Mexico is one of the major exporters of silver, lead, and zinc, and also has significant resources of gold and uranium and minerals such as oil and natural gas. While the major players in the commodity markets earn on physical sales and delivery, online retail traders can play on the difference in the price of such goods without accepting and supplying them directly with the help of CFD contracts.
Exness offers commodity CFDs on various metals and energies, the essence of which is to predict in which direction prices will go, thereby making a profit. Besides, clients can also choose to trade crude oil and natural gas against the US Dollar with consistently low spreads and fast and reliable execution.
Oil and gas trading is commission-free with leverage up to 1:200. For metals, the standard leverage is 1:2000, while the margin requirements for XPT (platinum) and XPD (palladium) pairs always remain fixed at 1:100 leverage.
Exness stock and indices trading in Mexico
In addition to a variety of currency pairs and commodities, on the Exness platform, clients can find stocks of companies that they have definitely heard of such as Amazon, Apple, McDonald’s, Alibaba, and many others. With stocks, traders can diversify their portfolios by insuring themselves against volatility in other markets.
Global stocks are traded with no overnight fees, spreads from 0.1 pips, and fixed leverage of 1:20 (excluding company financial announcements and breaks). Besides, you can benefit from the largest indices of various technology and other industries with zero swaps and leverage fixed at 1:400 for US30, US500, and USTEC and 1:200 for other indices.
Exness Crypto trading in Mexico
Mexico is one of the Latin American countries where the demand for Cryptocurrencies is growing every year due to the popularity of convenient way of money transfers and the growth of speculation among traders. Exness tries to meet the needs of Crypto traders and offers the most popular combinations of various Cryptos with the US and Australian dollars, yen, yuan, and other currencies. Cryptocurrency trading is available 24/7 with fixed leverage up to 1:400.
Exness trading terminals and accounts in Mexico
On the Exness website, you can download MetaTrader 5 or 4 directly from your Personal Account, as well as use Exness Terminal and the Web version of the MetaTrader online.
MT4 is focused exclusively on working with currency pairs, while MetaTrader 5 is a multi-asset platform that allows you to work, in addition to Forex, for example, with the stock market, providing access simultaneously to several exchanges.
If you prefer to trade without any downloads, you can use the MetaTrader WebTerminal or Exness’ own terminal. The latter includes a user-friendly interface with advanced charting technology, over 50 drawing tools, and 100 indicators.
In addition, you can use not only browser and desktop versions but also a mobile app. To install the platform on a smartphone, you need to download the program using a barcode from your Personal Account and log in with your username and password.
As for trading accounts, the company offers clients several options that will suit both beginners and professionals. Standard accounts:
- Standard. Floating spreads – from 0.3 pips, unlimited leverage, no commissions. You can trade currency pairs, metals, Cryptocurrencies, energies, stocks, and indices.
- Standard Cent. The conditions are similar to the standard, but accounting is carried out in currency pairs and metals.
Professional ones are characterized by the immediate execution of orders and higher initial deposit:
- Pro. Floating spreads – from 0.1 points, you can use unlimited leverage.
- Raw spread – a small brokerage commission is charged for each open position, spreads from 0, and leverage is also unlimited.
- Zero – spreads from 0, and the company also set a small commission for each lot.
On all professional accounts, you can trade Forex, metals, Cryptocurrencies, energies, stocks, and indices.
In addition, novice traders can use a free demo account in order to master the Forex and CFD markets, as well as work out their strategies.
Exness deposits and withdrawals in Mexico
There are several convenient ways to top up a trading account and withdraw funds for Exness clients from Mexico, such as using offline bank transfers, SPEI (Mexican interbank electronic payment system), Todito Cash (prepaid card option for Mexico), OXXO (chain of stores) and other popular electronic wallets and Cryptocurrencies.
There are no fees when you deposit funds into your Exness account using offline bank transfers, and withdrawals are also free. The minimum amount of funds that can be deposited and withdrawn is 10 USD.
Electronic bank transfers can be made from the following banks:
- BBVA Banker
When funding an Exness account using SPEI, the system generates vouchers that can be paid through the user’s internet banking account. There are no fees for deposits and withdrawals are also free. The minimum deposit is also 10 USD, and the deposit is processed in a few seconds.
In addition, traders can use OXXO, a popular cash point in Mexico. To do this, you need to go to the deposits section, generate a voucher, and then you can print and present this voucher at any OXXO store in the country, or simply show the voucher on your mobile phone or present the 30-digit number indicated under the barcode. The minimum amount of funds that can be deposited and withdrawn is 10 USD, and the payment processing will take 24 hours for deposit and up to 48 hours per withdrawal.
In addition, Mexican customers can top up their accounts using the Todito Cash prepaid card. With such a card, you can also purchase Todito Cash vouchers online or replenish your account at merchants with cash or a card without commission.
Exness support and languages in Mexico
Exness Group is a global retail Forex and CFD broker that supports multiple languages including Spanish for its Mexican clients. When you go to the broker’s website, the system automatically determines the trader’s country of residence and translates it into the local language.
Support is also available in Spanish from Mon 02:00 to Sat 02:00 local time. For emerging issues, traders can contact support via email, live chat, or phone, or find in-depth information about Exness trading terminals, deposits and withdrawals, and more in the help center.
Free Exness VPS in Mexico
If the total deposit is at least $500, any trader has the right to use the service of providing a dedicated server for free. VPS hosting will allow you to organize a constant uninterrupted Internet connection even in the event of a power outage and connection problems. Traders can also install any software on a dedicated virtual private server with access to their own operating system and run multiple strategies simultaneously.
Exness Social trading in Mexico
Exness is a company that positions itself not only as an online broker but also as a social network for traders of different levels. So beginners can join the platform as investors and copy trades of professionals or duplicate entire portfolios. Professionals, on the other hand, can provide access to their transactions and get rewarded.
On the Exness Social Trading page, you can also see the most copied strategies, providers whose strategies have the best monthly or three-month returns, as well as many new copy ideas that are updated every day.
Social trading will help not only to reduce the time for an independent analysis of the markets but also to gain a hand in trading by following the professionals in their field.
Forex trading with Exness in Mexico
Forex and CFD broker Exness is a reliable company with a list of licenses required for providing retail financial services. Traders from Mexico have access to various instruments and assets for trading on familiar MT4 and MT5 platforms and in web versions and mobile applications.
To meet the needs of both beginners and experienced traders, the company offers several types of accounts, standard and professional, as well as a free demo account for practicing and mastering various markets.
Exness is not just a brokerage platform, but also a Social network where traders can copy both individual deals or entire portfolios, while top participants benefit by sharing their best deals.
The Exness website is available in 16 languages, and the support team will respond to Mexican customers in Spanish at any time. Click the button below and try trading with one of the best brokers in Mexico.
Exness Social Trading lets you follow traders’ strategies all over the world. Choose a strategy, fund your account, and profit from successful trades. Read an expert review to discover about Exness Social trading account kinds, trading conditions, commissions, free VPS, and becoming a strategy provider.
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Exness in Mexico - FAQ