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EURMXN - Euro / Mexican Peso

Swap Short: 0 PointsSwap Long: 0 Points
Low: 0.00Spread MT4 floatingHigh: 0.00
Global Stock Exchanges Session Times
Sydney
5:28 am (Local)
Opens in 4h 22m
Tokyo
4:28 am (Local)
Opens in 4h 32m
London
8:28 pm (Local)
Opens in 11h 32m
New York
3:28 pm (Local)
Opens in 18h 2m

EUR MXN Trading Chart

D1
W1
M1
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
cTrader
cTrader
MT4
MT5
Execution
Market Execution
Market Execution
cTraderSpreads + 0.45$ per 10K traded
Minimum: 22.00Average: 70.10
cTrader Limit and Stop Level0
Used Margin (1:100 leverage rate) in US Dollar1000 X EURUSD Rate
Minimum contract size0.01 lot
1 TICK value per 1 lot in USD10 / USDMXN Rate
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0

Trading time (UK time) 10:00 PM Sunday - 10:00 PM Friday

* Only if Margin Level > 100%

The spreads provided are a reflection of the time-weighted average from 09:00AM - 21:00 PM (GMT) for the period of 01/8/2019 – 25/8/2019. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal forex trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

Outside of Mexico, the EUR/MXN currency combination is rarely traded, yet it can be an ideal choice for those who trade with a high-risk strategy. The pair performance depends on two of the world major economies: Mexico and the Eurozone. The financial statuses of these regions are driven by highly divergent factors. For this reason, EUR/MXN can be the perfect choice for the experienced traders.

Mexico is among the 10 largest oil-producing countries in the world. Due to these circumstances, it deliberately binds the cost of the Mexican peso to the oil prices. This state actively uses its impressive oil reserves not only in trading but also on the international arena, when concluding various contracts and processing loans. It is worth noting that international lenders are more actively taking the risks of countries that have a dominant oil industry.

Keep in mind that the Mexican peso is very similar to the Russian rouble: it always painfully reacts to the decrease of the oil prices.

If you are interested in trading the EUR/MXN, contact FxPro today to open trading account in several minutes.

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