New currency pairs with OctaFX

Starting from September 13th OctaFX has announced an increase in the list of forex currency pairs by adding new instruments that will be available for trading, declaring September as the “month of the Weight”, OctaFX has introduced in the wide range of usable currencies the pairs USDMXN, EURMXN and GBPMXN.

Believed by traders to be an exotic currency, the Mexican Peso (or “MXN”) is considered extremely popular given its prominent position among the top 15 oil-producing nations which has allowed it to evolve from an undervalued global currency to developing to an international financial instrument.

Trade MXN pairs on OctaFX

Features of the new OctaFX currency pairs

USDMXN appears to be by far the most traded currency affecting the Peso among the three proposals, which uses US economic news as a catalyst to be able to offer variable volatility (from low to moderate) and the very high liquidity of the Peso plays a fundamental role in the strategies trading day.

The GBPMXN and EURMXN pairs have very different characteristics from the USDMXN pair, following economic news of both the euro and the British pound and being less popular they have a lower trading percentage than the USDMXN pair.

All listed pairs are available for forex trading on both the MT4 and MT5 platforms with OctaFX.

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Forex trading with OctaFX

As OctaFX is cataloged as one of the best forex brokers in the world, it offers state-of-the-art trading services and periodic and essential updates of the tools made available for trading that give each client the opportunity to invest in complete safety and transparency.

The following list will list the main features of forex trading with OctaFX.

  • No hidden fees
    Clear trading conditions verifiable at any time in the official website, changes can be made in relation to trading preferences at the time of account creation and each trader can decide which platform to use and on the conditions they prefer.
  • Automatic Trading
    Each trader will be able to take advantage of automatic trading with OctaFX through the use of robots such as Expert Advisor, cBot and more.
  • Negative balance protection
    Any unsuccessful investment that could lead to a negative balance will be canceled.
  • Low spreads
    For forex currencies, the difference in bid and ask prices is the lowest ever.

  • Investing will be easy
    With a minimum deposit of 25 USD it will be possible to grow with small orders.
  • Extremely high leverage
    A leverage of up to 1: 500 for all accounts available with OctaFX.
  • The largest trading volume in the world
    Millions of daily currency trading operations performed by traders, banks, companies and more.

Trade MXN Trading Pairs