Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.



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.

Why trade forex with IG?

Trade forex on weekends

Speculate with the only UK provider to offer weekend trading1 on GBP/USD. We also offer EUR/USD and USD/JPY

Get tax-free profits

Spread betting on FX is completely tax free2

Trade over 80 currency pairs

Take a position whenever suits you - 24 hours a day, five days a week

  • Costs and details
  • Related markets
  • CFD
  • Spreadbetting

Details for GBP/MXN -

Minimum size 1

Contract size GBP 100,000

One Pip means 0.0001 MXN/GBP

Value of one Pip MXN 10 (GBP 0.36)

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 - 4 Contracts 5%
2 4 - 10 Contracts 5%
3 10 - 30 Contracts 5%
4 30 + Contracts 10%

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.

Discover opportunity in-platform

Discover opportunity in-app

Open a free, no-risk demo account to stay on top of forex movement and important events.

Real-time charts

Analyse FX price action on fast, reliable HTML5 charts with over 25 technical indicators

Three types of alert

React on the go. Set price level alerts on mobile, with price change and indicator alerts available on desktop

Trading signals

Identify the right time to trade on forex and more, with free technical signals

Real-time charts

Three types of alert

Trading signals

Find your next forex trade

Get The Week Ahead, our free rundown of the coming week’s market-moving events and forex pairs to watch, delivered to your inbox every Sunday.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out more about why you should trade forex with IG, the UK’s No.1 retail provider.3

Discover why so many clients choose us, and what makes us the world's No.1 provider of spread betting and CFDs.4

Improve your trading skills by working through interactive courses on the IG Academy app.

1 Trading is available around the clock, apart from 10pm Friday to 8am Saturday and 20 mins just before the weekday market opens on Sunday night.
2Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
3 By number of primary relationships with FX traders (Investment Trends UK Leveraged Trading Report released June 2020).
4 Based on revenue excluding FX (published financial statements, June 2020)