Funding in Mex: why the local method matters

A broker that accepts Mex by a local method takes the currency conversion out of the deposit and usually out of the withdrawal too. Where it does not, every deposit and every withdrawal pays a conversion, and that cost never appears in a spread table.

The method also sets the speed. A local bank transfer or instant EFT settles in hours; a card refund to a foreign acquirer and an international wire are measured in days, and the delay lands on the withdrawal, which is when it is felt.

The ten below publish a local funding method for Mexico.

How brokers take money in Mexico (37 of 75)

32Cards

27Bank transfer

12E-wallets

8Crypto

3Skrill

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 (20 of 75 counts · 74 brokers onboarding Mexican residents)

20of 75

qualify for this ranking

27% of 75

scored on all six axes

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)

1LiteFinance4.13highest score of the three · cheapest priced of the three · no mexico license 2FP Markets4.12offshore entity · withdrawal in 24 h 3Swissquote4.1locally licensed · withdrawal in 24 h

Funding in Mex: why the local method matters (20 of 75)

By slice score, formula v1.0. · 20 of 74 brokers in this ranking · all 20

#	Broker	Round turn, USDMX	Min deposit, USDMX	Leverage	Withdrawal, hMX	Score	Execution	Founded	Funding
1	LiteFinance	5	50 group	500MX	24	4.13	ECN/raw + standard	2005	2 methods · local
2	FP Markets	6	100 group	500MX	24	4.12	ECN/raw + standard	2005	2 methods · local
3	Swissquote	16	—	50MX	24	4.1	ECN/raw + standard	1996	4 methods · local
4	OctaFX	9	25 group	1000MX	3	4.01	ECN/raw + standard	2011	4 methods · local
5	Exness	9	—	2000MX	0.02	3.99	ECN/raw + standard	2008	3 methods · local
6	HFM	6	0 group	2000MX	24	3.92	ECN/raw + standard	2010	3 methods · local
7	Pepperstone	7	—	1000MX	24	3.92	ECN/raw + standard	2010	3 methods · local
8	FBS	6	5	3000MX	24	3.91	ECN/raw + standard	2009	2 methods · local
9	Vantage	6	50 group	500 groupMX	120	3.78	ECN/raw + standard	2009	3 methods · local
10	AvaTrade	9	100 group	400 groupMX	48	3.73	Standard	2006	3 methods · local
11	FXOpen	1.5	—	500MX	24	3.73	ECN/raw + standard	2005	3 methods · local
12	Axi	7	5 group	500MX	48	3.66	ECN/raw + standard	2007	4 methods · local
13	Interactive Brokers	5	—	4 groupMX	48	3.65	ECN/raw + standard	1978	1 methods · local
14	JustMarkets	4	10 group	3000MX	48	3.64	ECN/raw + standard	2012	2 methods · local
15	FxPro	7	—	200MX	120	3.58	ECN/raw + standard	2006	2 methods · local
16	Plus500	6	100	300MX	72	3.47	Standard	2008	3 methods · local
17	BlackBull Markets	20	—	500MX	72	3.44	Standard	2014	3 methods · local
18	Tickmill	6	100 group	1000MX	24	3.26	ECN/raw + standard	2014	3 methods · local
19	XTB	9	0 group	500MX	72	3.19	ECN/raw + standard	2002	2 methods · local
20	IG Markets	13.6	0 group	—stated, not verified	120	2.99	ECN/raw + standard	1974	1 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.

Plus500 publishes a retail leverage of 1:300 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.

The ten above illustrate the term. Brokers with local payment methods in Mexico lists every broker that qualifies, with the figure each one publishes.

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

1. LiteFinance — highest score of the three · cheapest priced of the three · no mexico license (score 4.13)

Round turn: 5 USD
Withdrawal: within 24 hours
MXN account: Not specified
Leverage: 500MX
Accepts residents: through an offshore entity
Onboarding entity: LiteFinance Global LLC
Founded: 2005
Group leverage: uncleargroup
Instruments: Forex, CFDs, crypto
Platforms: MT5cTraderWebTradingView
Funding: Bank transfer and cards
Not served: United States, European Economic Area, Israel, Russia, Japan, North Korea

Reviews25%96
Round-turn cost20%100
Safety0
Payouts15%80
Track record10%
Platforms50

Why it ranks here

Round turn 5 USD against the slice median 7 USD. strongest axis round-turn cost 100 of 100. total score 4.13.

Watch for

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

Full review of LiteFinance

2. FP Markets — offshore entity · withdrawal in 24 h (score 4.12)

Round turn: 6 USD
Withdrawal: 1 business day
MXN account: MXN available
Leverage: 500MX
Accepts residents: through an offshore entity
Onboarding entity: FP Markets LLC
Founded: 2005
Register: https://fpmarkets.com · 27.08.2026
Group leverage: unclear
Instruments: 10,000+ instruments
Platforms: MT5MT4Web
Funding: MXN deposits/withdrawals
Not served: United States, Canada, Japan, Belgium, New Zealand, Russia

Why it ranks here

Round turn 6 USD against the slice median 7 USD. strongest axis track record 100 of 100. total score 4.12.

Watch for

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

Full review of FP Markets

3. Swissquote — locally licensed · withdrawal in 24 h (score 4.1)

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

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

Full review of Swissquote

What the data shows(20 of 75 distributions · 74 brokers)

Swap-free availability (20 of 75 brokers)

Offered30Not offered14

Admin fee after the free period (20 of 75 swap-free)

Never16After 3–30 days9not published5

Who onboards Mexican residents (20 of 75 brokers)

Local CNBV entity20Offshore entity24

MXN account (20 of 75 brokers)

Yes16No23not published5

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

28<100

5100-200

0200-300

1300-400

0400+

Full list(20 of 75)

1LiteFinance4.13
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
50 group
Leverage
500MX
MXN
Yes
2FP Markets4.12
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
100 group
Leverage
500MX
MXN
Yes
3Swissquote4.1
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
16
Leverage
50MX
MXN
Yes
4OctaFX4.01
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
25 group
Leverage
1000MX
MXN
Yes
5Exness3.99
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
9
Leverage
2000MX
MXN
Yes
6HFM3.92
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0 group
Leverage
2000MX
MXN
Yes
7Pepperstone3.92
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
7
Leverage
1000MX
MXN
Yes
8FBS3.91
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
5
Leverage
3000MX
MXN
Yes
9Vantage3.78
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50 group
Leverage
500 groupMX
MXN
Yes
10AvaTrade3.73
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
100 group
Leverage
400 groupMX
MXN
Yes
11FXOpen3.73
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
1.5
Leverage
500MX
MXN
Yes
12Axi3.66
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
5 group
Leverage
500MX
MXN
Yes
13Interactive Brokers3.65
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
5
Leverage
4 groupMX
MXN
Yes
14JustMarkets3.64
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
4
Min deposit, USD
10 group
Leverage
3000MX
MXN
Yes
15FxPro3.58
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
7
Leverage
200MX
MXN
Yes
16Plus5003.47
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
100
Leverage
300MX
MXN
Yes
17BlackBull Markets3.44
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
20
Leverage
500MX
MXN
Yes
18Tickmill3.26
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
100 group
Leverage
1000MX
MXN
Yes
19XTB3.19
Onboards
Local · CNBV
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
0 group
Leverage
500MX
MXN
Yes
20IG 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 the ten below

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.
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.
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 · 3 explainers)

Same country

Explained

FAQ

How many brokers qualify for this ranking in Mexico?: 20 of 75 brokers measured for this country qualify.
Which broker leads it, and on what basis?: LiteFinance leads it with a score of 4.13. 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.
Why are only ten brokers shown here?: This page explains the term; the ten illustrate it. The full ranking lists 20 of 75 and is one click away.

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(20 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.