CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
The base currency – GBP. The counter currency – MXN. The GBP/MXN chart is the British pound/Mexican peso currency pair. It shows how much the GBP is worth when measured against the MXN. The GBP/MXN is an exotic currency pair that is not traded so often as the majors, but still enjoys popularity. The British pound, also called “Sterling” or “Cable” is the 4th most traded currency in the world. Mexican peso is the most popular currency in Latin America and is issued by the Bank of Mexico. Follow the GBP/MXN rate and explore this noteworthy trade vehicle.
Spot or forward? These two forex markets behave differently, and now you can trade both with us as forex CFDs. Here’s how they work, and what sets them apart.