Mexican traders looking for a forex broker have some unique needs beyond just the platform choice and spreads. There are also questions such as regulation, fair pricing, support in Spanish, and methods of payment that work locally. By using the FXEmpire 250-point rating system, I have found the best available for traders to choose from.
Top-tier regulation and transparency are two of the most important things to consider, and I included that thought process in this evaluation. The trading costs, spreads, and fees, and platforms were all included in my scoring as well. Using these criteria, I found these companies to all offer some of the best conditions.
*AvaTrade doesn’t allow CFD trading in Spain; only Futures are available.
To choose the best brokers in Mexico, we used FXEmpire’s 250-point rating system to find the leaders in each category. We focused on the following key features:
Our team of experts has identified each broker’s strengths and weaknesses using FXEmpire’s comprehensive methodology.
Now, let’s explore the selected brokers.
Vantage opened in 2009 in Sydney. The broker offers several different assets such as forex, indices, commodities, stocks, and cryptocurrencies. Vantage is regulated by both the CIMA in the Cayman Islands and ASIC in Australia.
Regional features:
 Vantage offers several different platforms for their clients, including MetaTrader 4, MetaTrader 5, TradingView, VantageApp, and Premium Trader Tools. The research support at Vantage is varied and is offered via articles, videos, and webinars.Â
Vantage showed competitive spreads and fees across several asset classes. EUR/USD has a range between 1.2 and 1.4 pips, and Dow Jones 30 spreads were found to hover between 1 and 1.3 basis points during liquid market conditions. Vantage also has the bonus of having a no-fee policy for account maintenance, deposits, and withdrawals, which will add to its appeal.Â
FP Markets has been around since 2005 and has been known for low spreads for some time. The broker offers MT4, MT5, cTrader, WebTrader, and TradingView for traders to use. Access to spreads as low as 0.0 pips keeps this an excellent choice for those looking to save on costs.Â
 Another one of the major factors for traders to choose this broker is the huge resource section for traders to learn about the markets, read analysis, and more.Â
Regional Features:
 FP Markets has developed several trading courses, publishes articles, and conducts regular webinars. Traders can learn about technical analysis, fundamental analysis, and trading psychology to help their success. Â
FP Markets offers over 10,000 instruments for trade, including currencies, metals, indices, crypto, bonds, ETFs, commodities, and shares. This allows traders to spread risk, and take advantage of global opportunities.
FP Markets’ Standard account is geared towards beginners. It features a $0 minimum deposit, zero commissions, and spreads starting from 1.0 pips. Traders can also choose a Raw spread account, with $3 per side, per turn round. The spreads can be as low as 0.0 pips, depending on the market.Â
FxPro, founded in 1999, offers a wide range of trading tools and platforms that cater to all trading styles. Over 2,100 tradable instruments are available to trade on from the MT4, MT5, cTrader, FxPro Edge Web, and FxPro Mobile platforms.
FxPro offers Trading Central, including the handy MT4 indicators. Its pivot levels indicators offer price forecasts directly from the MT4/MT5 platform and a screener providing automatic detection of candlestick patterns. The FxPro Edge Web platform is user-friendly, and integrates all of the tools needed to analyze markets efficiently. Â
The live test showed low spreads on gold in the Standard account, indices, and shares. However, forex and cryptocurrency spreads were a bit higher than average. More competitive spreads are available on the Raw+ Account, which has spreads from 0.0 pips and a commission of $3.50 per lot per side, in line with the industry average. Â
ATFX was established in 2017, and is based in the UK. The broker offers more than 350 assets, in forex, commodities, stocks, indices, ETFs, futures, and cryptocurrencies. MetaTrader 4 and MetaTrader 5 are both offered.Â
Regional Features:
By using the MetaTrader 4 and MetaTrader 5 platforms, ATFX offers fast execution speeds, as the platforms have been heavily tested over the years. This also allows use of Virtual Private Servers, or VPS, to automate execution or orders, but more importantly, the servers are located at some of the fastest hosting sites to ensure speedy execution of orders.Â
Trading Central and Autochartist are also offered for clients, and the testing I did at ATFX was the Standard account, which has no commissions. Floating spreads from 1.8 pips, and no minimum deposit is required.Â
AvaTrade has been in business since 2006, and is based in Ireland. AvaTrade can offer futures, options, and CFD trading. The over 1,250 assets available for trading are one major reason for its popularity. However, the beginner will feel right at home here, as there is such a strong educational offering, and a user-friendly proprietary platform.Â
The broker is regulated around the world, including in places like the EU, Japan, South Africa, Australia, and more.Â
Regional Features:
AvaTrade gives traders access to Trading Central and its research tools. AI-powered trading signals are also offered to clients, as help for those who are looking for ideas. The broker also features the AvaProtect risk management tool, which allows traders to protect themselves from loss, for a fee. The WebTrader platform has all of the technical analysis tools traders need, and is simple to use for new traders.
Other platforms include MetaTrader 4, MetaTrader 5, cTrader, AvaOptions, WebTrader, and AvaTrade App.
While researching AvaTrade, I found the spreads to be very good, with the EUR/USD at 0.8 pips, the USD/JPY at 1.3 pips, and the Gold market at $0.34, and with no commission.
The forex and CFD analysts and editors at FXEmpire bring together seasoned trading professionals and experienced financial journalists. Many of our experts have been featured in leading publications such as Investopedia and Forbes, and all of them combine strong industry credentials with hands-on trading experience.
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later, Dan gained insight into the forex industry during his time as a Series 3 licensed futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.
Christopher Lewis is an experienced trader and technical analyst specializing on currencies, indices, and commodities. He also has been working as a proprietary trader for institutional accounts. Chris has been an FXEmpire analyst since the site's early days and shares his trading insights on his own blog, The Trader Guy. His sharp, practical understanding of the trading industry means he knows forex and CFD brokers inside-out, so you can trust his guidance on how they work and which one to choose.
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.