Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

EURMXN - Euro / Mexican Peso

Swap Short: 309.5592 PointsSwap Long: -642.7661 Points
Low: 19.72110Spread MT5 floatingHigh: 19.81141
Global Stock Exchanges Session Times
Sydney
3:27 pm (Local)
Closes in 0h 45m
Tokyo
2:27 pm (Local)
Closes in 0h 33m
London
6:27 am (Local)
Opens in 1h 33m
New York
1:27 am (Local)
Opens in 8h 3m

EURMXN Trading Chart

D1
W1
M1
No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
cTrader
cTrader
MT4
MT5
Execution
Market Execution
Market Execution
cTraderSpreads + 0.35$ per 10K traded
Minimum: 187.50Average: 193.39
Market Hours*Open Now
Market Hours*Open Now
Limit and Stop Level0 points
Used Margin (1:100 leverage rate) in US Dollar1000 MXN X USDMXN Rate
Minimum contract size1000 EUR (0.01 lots)
Minimum step for increasing contract size1000 EUR
Margin requirements to open a lock position *0

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. 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 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.