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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

GBP/MXN

(GBPMXN=R)

GBP/MXN chart This market's chart. This is a visual representation of the price action in the market, over a certain period of time. You can use this to help gauge a market’s performance.

  • Costs and details
  • Related markets

Minimum size 0.05

Contract size GBP 100,000

One Pip means 0.0001 MXN/GBP

Value of one Pip MXN 10 (GBP 0.40)

Margin 5%

Minimum stop distance 1,000

Minimum guaranteed stop distance 2.5%

Your aggregate position in this market will be margined in the following tiers:

Tier Position size Margin
1 0 - 5 Contracts - MXN 5%
2 5 - 20 Contracts - MXN 8%
3 20 - 50 Contracts - MXN 15%
4 50 + Contracts - MXN 25%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

Why IG?

Australia's No.1 FX provider1

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EUR/USD from 0.6 points

Other positions taken by clients trading this market

Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.

This is calculated to the nearest 1%.

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1 Based on revenue excluding FX(published half yearly financial statements, June 2020)
2 Number 1 in Australia by primary relationships, FX, Investment Trends November 2023 Leveraged Trading Report