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Admiral Markets adds USDMXN to 40+ Forex pairs!

May 07, 2020 08:45

USDMXN trading

Dear traders,

You asked, and we delivered - in response to an increasing number of requests, Admiral Markets is expanding its Forex offering to include another new currency pair:

  • USD/MXN - The US dollar crossed with the Mexican peso

The MXN ranks eight in global liquidity, behind the USD, the Euro, the Japanese yen and the British pound, and its most popular currency pairing is with the US dollar. However, it still offers great opportunities for traders wanting to speculate on Central American markets.

This latest addition to the suite of instruments available in our Trade.MT5 account brings our Forex offering up to over 40 currency pairs. The USD/MXN will be available for trading from May 6, 2020 and has the following specifications at launch:

  • Leverage: Up to 1:5
  • Minimum contract size: 0.01 lots
  • Minimum margin (per 1 lot): USD20,000

Given the current volatility in the markets, please be sure to check the Contract Specifications of any new instrument before you start trading, and ensure you have a strong risk management strategy in place.

Not an Admiral Markets client, yet? Then sign up for an account today to start trading - simply click on the banner below to get started!

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Admiral Markets Group consists of the following firms:
Admiral Markets Pty Ltd
Regulated by the Australian Securities and Investments Commission (ASIC)
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Admiral Markets Cyprus Ltd
Regulated by the Cyprus Securities and Exchange Commission (CySEC)
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Admiral Markets UK Ltd
Regulated by the Financial Conduct Authority (FCA)
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