Best brokers for beginners in Mexico

Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.

Key facts (17 of 75 counts · 74 brokers onboarding Mexican residents)

17of 75
qualify for this ranking
23% of 75
14of 17
scored on all six axes
82% of 17
71of 75
publish a price
95% of 75
52of 75
publish a leverage figure for this country
69% of 75

Top 3 (of 3 ranked)

Best brokers for beginners in Mexico (17 of 75)

By slice score, formula v1.0. · 17 of 74 brokers in this ranking · all 17
#BrokerRound turn, USDMXMin deposit, USDMXLeverageWithdrawal, hMXScoreExecutionFoundedFunding
116—50MX244.1ECN/raw + standard19964 methods · local
24.2—400MX244.02ECN/raw + standard2001—
3——500MX244.02ECN/raw + standard19983 methods
46—3000MX243.95ECN/raw + standard20094 methods
57—1000MX243.92ECN/raw + standard20103 methods · local
6720 group300 groupMX243.89Standard201698 methods
712—400 groupMX—3.89ECN/raw + standard2001—
86——stated, not verified243.88Standard2011—
9650 group500 groupMX1203.78ECN/raw + standard20093 methods · local
108—200MX483.77ECN/raw + standard2004—
117—1000MX243.73ECN/raw + standard2014—
125—500MX—3.68Standard20143 methods
13—300 group500 groupMX243.61—2015—
1465 group5000MX1683.33ECN/raw + standard2019—
15——1000 groupMX73.28ECN/raw + standard2007—
16710 group—stated, not verified723.24ECN/raw + standard2017—
1713.60 group—stated, not verified1202.99ECN/raw + standard19741 methods · local
Ten are shown; the button opens the rest.

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

— the broker does not publish this figure; it is not read as a zero and it is not scored.

FXGT publishes a retail leverage of 1:5000 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.

Identical for every row, so it is stated once: Who onboards Local · CNBV · Swap-free fee none, no limit · MXN account Yes.

1. Swissquote — highest score of the three · locally licensed · withdrawal in 24 h (score 4.1)

Round turn
16 USD
Withdrawal
1 working day
MXN account
Multi-currency account
Leverage
50MX
Accepts residents
yes
Onboarding entity
Swissquote Ltd / S.A.
Founded
1996
Register
https://hellosafe.com.mx/inversiones/brokers/swissquote · 11.10.2026
Group leverage
uncleargroup
Instruments
Stocks, ETFs, FX, crypto
Platforms
MT5cTraderWebTradingView
Funding
Bank transfer, cards
Not served
United States, Canada
  • Reviews25%50
  • Round-turn cost20%45
  • Safety100
  • Payouts15%80
  • Track record10%
  • Platforms65
Why it ranks here

Round turn 16 USD against the slice median 7 USD. strongest axis safety 100 of 100. total score 4.1.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of Swissquote

2. ActivTrades — cheapest priced of the three · regulated offshore/global · withdrawal in 24 h (score 4.02)

Round turn
4.2 USD
Withdrawal
1 working day
MXN account
Not stated for Mexico
Leverage
400MX
Accepts residents
through an offshore entity
Onboarding entity
ActivTrades UK entity
Founded
2001
Register
https://www.activtrades.com/ · 11.10.2026
Group leverage
unclear
Instruments
CFDs on 7 asset classes
Platforms
MT5MT4Web
Funding
Not stated for Mexico
Not served
United States, Canada, Russia, Ukraine, Belarus, Albania, Iran, Iraq, Syria, Yemen, Libya, Somalia, Sudan, South Sudan, Afghanistan, Lebanon, Cuba, Venezuela, Zimbabwe, Japan, American Samoa, Northern Mariana Islands, U.S. Virgin Islands, U.S. Minor Outlying Islands, North Korea, Republic of Congo
    Why it ranks here

    Round turn 4.2 USD against the slice median 7 USD. strongest axis round-turn cost 100 of 100. total score 4.02.

    Watch for

    Min deposit 200 USD, double the Mexico median of 50; withdrawal time not published.

    Full review of ActivTrades

    3. Traders Trust — offshore regulated · withdrawal in 24 h (score 3.95)

      Why it ranks here

      Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 3.95.

      Watch for

      Onboards Mexican residents through an offshore entity: no CNBV licence, no CNBV complaints route, no MXN account.

      Full review of Traders Trust

      What the data shows(17 of 75 distributions · 74 brokers)

      Swap-free availability (17 of 75 brokers)

      68%30/44
      Offered30Not offered14

      Admin fee after the free period (17 of 75 swap-free)

      53%16/30
      Never16After 3–30 days9not published5

      Who onboards Mexican residents (17 of 75 brokers)

      45%20/44
      Local CNBV entity20Offshore entity24

      MXN account (17 of 75 brokers)

      36%16/44
      Yes16No23not published5

      Minimum deposit, USD (34 of 75 · median 15 USD)

      28<100
      5100-200
      0200-300
      1300-400
      0400+

      Free demo account offered (75 of 75)

      74Yes
      1Not stated

      Full list(17 of 75)

      1. 1Swissquote4.1
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        16
        Leverage
        50MX
        MXN
        Yes
      2. 2ActivTrades4.02
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        4.2
        Leverage
        400MX
        MXN
        Yes
      3. 3CFI4.02
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Leverage
        500MX
        MXN
        Yes
      4. 4Traders Trust3.95
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        6
        Leverage
        3000MX
        MXN
        Yes
      5. 5Pepperstone3.92
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        7
        Leverage
        1000MX
        MXN
        Yes
      6. 6Capital.com3.89
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        20 group
        Leverage
        300 groupMX
        MXN
        Yes
      7. 7Forex.com3.89
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        12
        Leverage
        400 groupMX
        MXN
        Yes
      8. 8Mitrade3.88
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        6
        MXN
        Yes
      9. 9Vantage3.78
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        50 group
        Leverage
        500 groupMX
        MXN
        Yes
      10. 10Dukascopy3.77
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        8
        Leverage
        200MX
        MXN
        Yes
      11. 11Doo Prime3.73
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        7
        Leverage
        1000MX
        MXN
        Yes
      12. 12Trade Nation3.68
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        5
        Leverage
        500MX
        MXN
        Yes
      13. 13Milton Prime3.61
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Min deposit, USD
        300 group
        Leverage
        500 groupMX
        MXN
        Yes
      14. 14FXGT3.33
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        5 group
        Leverage
        5000MX
        MXN
        Yes
      15. 15InstaForex3.28
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Leverage
        1000 groupMX
        MXN
        Yes
      16. 16ATFX3.24
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        10 group
        MXN
        Yes
      17. 17IG Markets2.99
        Onboards
        Local · CNBV
        Swap-free
        none, no limit
        Round turn, USD
        13.6
        Min deposit, USD
        0 group
        MXN
        Yes

      How to read this ranking

      1. Start with the figure this page ranks on.

        Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.

      2. Check which company would onboard you.

        The same brand can take a resident of Mexico through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.

      3. Read the cost beside the deposit.

        The median round turn across this country is 7.0 USD and the median minimum deposit 50.0 USD; a low deposit beside a wide spread takes the difference back on every trade.

      Neighbouring slices(6 rankings · 4 explainers)

      FAQ

      How many brokers qualify for this ranking in Mexico?
      17 of 75 brokers measured for this country qualify.
      Which broker leads it, and on what basis?
      Swissquote leads it with a score of 4.1. The order is computed score, highest first; unscored brokers follow.
      What does a trade typically cost here?
      The median round turn - spread plus commission for one standard lot, in and out - is 7.0 USD across the brokers that publish both parts.
      Why do some rows show a dash instead of a figure?
      Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.

      How this slice is scored

      Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology

      Verified · What changed · Sources(17 of 75 broker records)

      Verified01.10.2026
      data re-captured 28.09.2026

      Risk warning and affiliate disclosure

      CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.