Trading GBP/MXN

GBP/MXN is traded in less volume than major currency pairs but still enjoys popularity among forex traders. It is a cross pairing that offers high liquidity and access to the South American market. It also has the potential to increase in value in 2021 after a period of stagnation, making it an attractive addition to investment portfolios. This page will guide you through trading GBP to MXN, including analysing graphs and using pivot points to forecast trades.

GBP/MXN Trading Brokers

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Found 207 Brokers
Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account.
GBPUSD Spread
Variable
EURUSD Spread
Variable
GBPEUR Spread
Variable
Total Assets
70+
FCA Regulated
Yes
MT4 Integration
No
Multi-Award winning broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.
GBPUSD Spread
2.39 pips (Ave)
EURUSD Spread
1.58 pips (Ave)
GBPEUR Spread
1.74 pips (Ave)
Total Assets
70+
FCA Regulated
Yes
MT4 Integration
Yes
Global brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features.
GBPUSD Spread
1.6 pips (var)
EURUSD Spread
1.1 pips (var)
GBPEUR Spread
1.3 pips (var)
Total Assets
70+
FCA Regulated
Yes
MT4 Integration
Yes
Deriv.com are a new brokerage, offering options and CFDs on a simple, reliable, flexible platform. Get access to volatility indexes exclusively at Deriv.
GBPUSD Spread
From 0.5
EURUSD Spread
From 0.5
GBPEUR Spread
From 0.5
Total Assets
FCA Regulated
MT4 Integration
No
BDSwiss offer 250+ Shares, Indices, Forex, Commodities and Cryptocurrencies markets via CFDs. With spreads from 1 pip and an award winning app, they offer a great package.
GBPUSD Spread
1.7 pips
EURUSD Spread
1.2 pips
GBPEUR Spread
1.3 pips
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Use digital options to take straightforward buy and sell positions on a range of currencies.
GBPUSD Spread
N/A
EURUSD Spread
N/A
GBPEUR Spread
N/A
Total Assets
27
FCA Regulated
MT4 Integration
No
Trade on close to 20 currency pairs, including crypto pairs. 'Covest' and follow experienced traders.
GBPUSD Spread
Variable
EURUSD Spread
Variable
GBPEUR Spread
Variable
Total Assets
18
FCA Regulated
MT4 Integration
No
Trade FX pairs with tight spreads & leverage.
GBPUSD Spread
1.5
EURUSD Spread
1.6
GBPEUR Spread
1.5
Total Assets
40+
FCA Regulated
Yes
MT4 Integration
No
FXTM offer forex trading on a huge range of currency pairs. Spreads can be as low as 0.1 with the ECN account types.
GBPUSD Spread
0.3 (var)
EURUSD Spread
0.1 (var)
GBPEUR Spread
0.2 (var)
Total Assets
50+
FCA Regulated
Yes
MT4 Integration
Yes
Pepperstone offers spreads from 0.0 pips on the Razor account and have almost 61+ pairs available to trade. Lots start at 0.01.
GBPUSD Spread
0.59 pips (Via Razor)
EURUSD Spread
0.09 pips (Via Razor)
GBPEUR Spread
0.49 pips (Via Razor)
Total Assets
180
FCA Regulated
Yes
MT4 Integration
Yes
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets. Great choice for serious traders. ASIC regulated.
GBPUSD Spread
0.5 pips
EURUSD Spread
0.1 pips
GBPEUR Spread
0.5 pips
Total Assets
56+
FCA Regulated
MT4 Integration
Yes
FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and South Africa.
GBPUSD Spread
0.5 pips var*
EURUSD Spread
0.2 pips var*
GBPEUR Spread
0.5 pips var*
Total Assets
40
FCA Regulated
Yes
MT4 Integration
Yes
easyMarkets.com - Simply Honest. Trade CFDs on Forex, Commodities, Indices, Shares & Cryptos With a Top Rated Forex Broker
GBPUSD Spread
1.3 var (MT5)
EURUSD Spread
0.9 (MT4)
GBPEUR Spread
1.5 (MT4)
Total Assets
81+
FCA Regulated
MT4 Integration
Yes
Trade over 70 pairs and keep trading costs to a minimum, with tight spreads or the lowest commissions with Fusion
GBPUSD Spread
0.64 (Ave)
EURUSD Spread
0.12 (Ave)
GBPEUR Spread
0.62 (Ave)
Total Assets
70+
FCA Regulated
MT4 Integration
Yes
CMC Markets is headquartered in London and listed on the LSE (FCA Regulated). They offer competitive spreads on a global range of assets via a next generation platform.
GBPUSD Spread
0.9
EURUSD Spread
0.7
GBPEUR Spread
1.1
Total Assets
300+
FCA Regulated
Yes
MT4 Integration
Yes
NinjaTrader offer Traders Futures and Forex trading. Use Auto-trade algorithmic strategies and configure your own trading platform, and trade at the lowest costs.
GBPUSD Spread
1.6 pips
EURUSD Spread
1.3 pips
GBPEUR Spread
1.6 pips
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
A regulated bank, Saxobank offer CFD, Stocks and Forex trading on 35,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
GBPUSD Spread
0.7 (varies by region)
EURUSD Spread
0.2 (varies by region)
GBPEUR Spread
0.6 (varies by region)
Total Assets
40+
FCA Regulated
Yes
MT4 Integration
Yes
Trading 212 Offer a truly mobile trading experience. With tight spreads and a huge range of markets, they offer a dynamic and detailed trading environment. Recent customer care issues have severely damaged the reputation of the brand.
GBPUSD Spread
2 pips
EURUSD Spread
1.2 pips
GBPEUR Spread
1.2 pips
Total Assets
33
FCA Regulated
Yes
MT4 Integration
No
Trade major, minor & exotic currency pairs
GBPUSD Spread
From 1.8
EURUSD Spread
From 1.8
GBPEUR Spread
From 1.8
Total Assets
50
FCA Regulated
MT4 Integration
Yes
XTB is one of the largest stock exchange-listed FX & CFD brokers in the world, offering access to over 2000 instruments from two platforms: its own award-winning xStation 5 and the traditional MT4.
GBPUSD Spread
0.1 pip
EURUSD Spread
0.2 pips var
GBPEUR Spread
0.1 pips
Total Assets
50+
FCA Regulated
Yes
MT4 Integration
Yes
XM.com deliver ultra low spreads across a huge range of Forex markets. Flexible lot sizes, and Micro and XM Zero accounts accommodate every level of trader.
GBPUSD Spread
2.1 pips (var)
EURUSD Spread
1.6 pips (var)
GBPEUR Spread
2 pips (var)
Total Assets
55+
FCA Regulated
Yes
MT4 Integration
Yes
Forex.com are a leading forex broker. Offering the largest range of currency pairs (80+) and some of the tightest spreads in the industry.
GBPUSD Spread
1.0 Var
EURUSD Spread
0.7 Var
GBPEUR Spread
0.7 Var
Total Assets
80+
FCA Regulated
Yes
MT4 Integration
Yes
UFX are forex trading specialists but also have a number of popular stocks and commodities. Offering tight spreads and one of the best ranges of major and minor pairs on offer, they are a great option for forex traders.
GBPUSD Spread
5 pips
EURUSD Spread
3 pips
GBPEUR Spread
4 pips
Total Assets
65+
FCA Regulated
MT4 Integration
Yes
Binary.com deliver advanced forex trading via the MetaTrader5 platform and 3 Account Types
GBPUSD Spread
1 pip var
EURUSD Spread
0.5 pip var
GBPEUR Spread
1 pip var
Total Assets
45+
FCA Regulated
MT4 Integration
Yes
Trade majors, minors, & exotic currency pairs
GBPUSD Spread
0.2 pips
EURUSD Spread
0.6 pips
GBPEUR Spread
0.2 pips
Total Assets
17
FCA Regulated
MT4 Integration
Yes
Trade forex pairs with high leverage rates.
GBPUSD Spread
1.3
EURUSD Spread
0.8
GBPEUR Spread
1.3
Total Assets
79
FCA Regulated
MT4 Integration
Yes
Trade forex CFDs from 0.0 spreads with Vantage FX. Clients can access popular forex pairs like GBP/USD, EUR/USD and AUD/USD from 0.0 spreads with a flat $2 per lot commission on our RAW account.
GBPUSD Spread
0.0 via ECN
EURUSD Spread
0.0 via ECN
GBPEUR Spread
0.0 via ECN
Total Assets
120+
FCA Regulated
Yes
MT4 Integration
Yes
Avatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents.
GBPUSD Spread
1.0 var
EURUSD Spread
0.7 var
GBPEUR Spread
1.7 var
Total Assets
40+
FCA Regulated
MT4 Integration
Yes
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
GBPUSD Spread
2 pips
EURUSD Spread
1 pips
GBPEUR Spread
1.5 pips
Total Assets
50+
FCA Regulated
Yes
MT4 Integration
No
67 major, minor and exotic FX pairs
GBPUSD Spread
2 pips
EURUSD Spread
2 pips
GBPEUR Spread
2 pips
Total Assets
67
FCA Regulated
Yes
MT4 Integration
Yes
IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.
GBPUSD Spread
0.9 pips
EURUSD Spread
0.6 pips
GBPEUR Spread
2 pips
Total Assets
90+
FCA Regulated
Yes
MT4 Integration
Yes
Trade on multiple forex pairs at Grand Capital.
GBPUSD Spread
27
EURUSD Spread
17
GBPEUR Spread
16
Total Assets
54
FCA Regulated
MT4 Integration
Yes
Trade on dozens of currency pairs from around the world with tight spreads
GBPUSD Spread
0.3
EURUSD Spread
0.3
GBPEUR Spread
0.3
Total Assets
50+
FCA Regulated
MT4 Integration
No
Trade on dozens of FX pairs with zero spreads available
GBPUSD Spread
1 pip
EURUSD Spread
0 pips
GBPEUR Spread
1 pip
Total Assets
50
FCA Regulated
MT4 Integration
Yes
There's a long list of major, minor and emerging forex pairs at FXGiants.
GBPUSD Spread
1.97
EURUSD Spread
1.74
GBPEUR Spread
1.90
Total Assets
84
FCA Regulated
MT4 Integration
Yes
Trade major, minor & exotic FX pairs
GBPUSD Spread
0.2
EURUSD Spread
1.6
GBPEUR Spread
0.9
Total Assets
65
FCA Regulated
Yes
MT4 Integration
Yes
Trade on dozens of major, minor & exotic pairs
GBPUSD Spread
1.0
EURUSD Spread
1.0
GBPEUR Spread
1.0
Total Assets
30
FCA Regulated
MT4 Integration
Yes
Trade on nearly 50 leveraged forex pairs.
GBPUSD Spread
1.3
EURUSD Spread
0.7
GBPEUR Spread
2.7
Total Assets
44
FCA Regulated
MT4 Integration
Yes
Libertex - Trade Online. Libertex offer CFD and Forex trading, with fixed commissions and no hidden costs.
GBPUSD Spread
0
EURUSD Spread
0
GBPEUR Spread
0
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Trade 33 Forex pairs with spreads from 0.0 with the 'Zero' account. Prices quoted to 5 decimals places, and leverage up to 1:1000
GBPUSD Spread
From 0.0
EURUSD Spread
From 0.0
GBPEUR Spread
From 0.0
Total Assets
33
FCA Regulated
MT4 Integration
Yes
iFOREX offers trading on approaching 100 currencies from around the world
GBPUSD Spread
1.8
EURUSD Spread
1.8
GBPEUR Spread
2.8
Total Assets
90
FCA Regulated
Yes
MT4 Integration
No
Forex trading is available on major, minor and exotic currency pairs
GBPUSD Spread
0.9
EURUSD Spread
0.58
GBPEUR Spread
0.9
Total Assets
13
FCA Regulated
MT4 Integration
No
50 currency pairs are available, including majors, minors, and exotics
GBPUSD Spread
1
EURUSD Spread
0.6
GBPEUR Spread
1
Total Assets
50
FCA Regulated
Yes
MT4 Integration
Yes
IronFX offers trading in major currency pairs, plus minors and exotic pairs
GBPUSD Spread
0.8
EURUSD Spread
0.7
GBPEUR Spread
0.7
Total Assets
83
FCA Regulated
Yes
MT4 Integration
Yes
Trade on the FX market with flexible leverage and dynamic market spreads.
GBPUSD Spread
From 0.8
EURUSD Spread
From 0.2
GBPEUR Spread
From 1.2
Total Assets
69
FCA Regulated
Yes
MT4 Integration
Yes
Trade on global currencies with 1:30 leverage.
GBPUSD Spread
0.7
EURUSD Spread
0.6
GBPEUR Spread
1.4
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Trade on dozens of currency pairs with low spreads
GBPUSD Spread
0.9
EURUSD Spread
0.4
GBPEUR Spread
0.9
Total Assets
40
FCA Regulated
MT4 Integration
No
Trade on dozens of major, minor and exotic FX pairs.
GBPUSD Spread
0.4
EURUSD Spread
0.2
GBPEUR Spread
0.4
Total Assets
60
FCA Regulated
MT4 Integration
Yes
Take positions on the foreign exchange market with leveraged trading products.
GBPUSD Spread
1.1
EURUSD Spread
0.6
GBPEUR Spread
2.3
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Trade 45+ forex pairs with 1:30 leverage.
GBPUSD Spread
0.9
EURUSD Spread
0.8
GBPEUR Spread
0.7
Total Assets
45+
FCA Regulated
Yes
MT4 Integration
Yes
Trade on close to 60 forex pairs with low spreads & leverage.
GBPUSD Spread
From 0.6
EURUSD Spread
From 0.4
GBPEUR Spread
From 0.5
Total Assets
58
FCA Regulated
MT4 Integration
Yes
Trade major and minor online currencies at ITradeFX.
GBPUSD Spread
1
EURUSD Spread
1
GBPEUR Spread
1.4
Total Assets
23
FCA Regulated
MT4 Integration
No
Trade on an excellent range of popular and emerging forex pairs.
GBPUSD Spread
0.8
EURUSD Spread
0.8
GBPEUR Spread
1.2
Total Assets
100+
FCA Regulated
MT4 Integration
Yes
Trade FX with high leverage rates.
GBPUSD Spread
4
EURUSD Spread
3
GBPEUR Spread
4
Total Assets
35+
FCA Regulated
MT4 Integration
No
Trade over 50 online forex pairs at FXFlat.
GBPUSD Spread
0.9
EURUSD Spread
0.8
GBPEUR Spread
0.8
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Trade with spreads as low as 0.0 pips. $0 Commission. 1:500 Leverage
GBPUSD Spread
0.1-0.5
EURUSD Spread
0.0-0.4
GBPEUR Spread
0.8
Total Assets
100+
FCA Regulated
Yes
MT4 Integration
Yes
30 currency pairs are available to trade
GBPUSD Spread
2.4 pips
EURUSD Spread
2 pips
GBPEUR Spread
2.4 pips
Total Assets
30
FCA Regulated
MT4 Integration
Yes
Trade on a range of currencies with ultra-low spreads.
GBPUSD Spread
0.6
EURUSD Spread
0.1
GBPEUR Spread
0.9
Total Assets
45
FCA Regulated
Yes
MT4 Integration
Yes
Take positions on the FX market with leverage.
GBPUSD Spread
0.3
EURUSD Spread
0.1
GBPEUR Spread
0.3
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Forex trading on dozens of majors, minors and exotics
GBPUSD Spread
0.5
EURUSD Spread
0.6
GBPEUR Spread
0.5
Total Assets
41
FCA Regulated
MT4 Integration
No
Trade on popular FX pairs and cross-rates
GBPUSD Spread
2
EURUSD Spread
1.8
GBPEUR Spread
2
Total Assets
55
FCA Regulated
MT4 Integration
Yes
Trade on dozens of forex pairs with low spreads.
GBPUSD Spread
0.49
EURUSD Spread
0.09
GBPEUR Spread
0.61
Total Assets
60+
FCA Regulated
MT4 Integration
Yes
Trade FX pairs with competitive spreads.
GBPUSD Spread
0.7
EURUSD Spread
0.4
GBPEUR Spread
0.8
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Trade a breadth of forex pairs with up to 1:30 leverage.
GBPUSD Spread
2
EURUSD Spread
2
GBPEUR Spread
3
Total Assets
60+
FCA Regulated
Yes
MT4 Integration
Yes
Trade on dozens of currency pairs with tight spreads
GBPUSD Spread
0.7
EURUSD Spread
0.3
GBPEUR Spread
0.5
Total Assets
36
FCA Regulated
MT4 Integration
Yes
Trade 50+ global currency pairs with up to 1:500 leverage.
GBPUSD Spread
2.1
EURUSD Spread
1.8
GBPEUR Spread
2.2
Total Assets
51
FCA Regulated
MT4 Integration
Yes
Trade with leverage on close to 70 forex pairs
GBPUSD Spread
0.9
EURUSD Spread
0.3
GBPEUR Spread
0.8
Total Assets
67
FCA Regulated
Yes
MT4 Integration
Yes
Established spread betting, forex and CFD broker with over 30 years in the business. Regulated around the globe.
GBPUSD Spread
0.8
EURUSD Spread
0.5
GBPEUR Spread
0.8
Total Assets
FCA Regulated
Yes
MT4 Integration
Yes
Trade over 60 forex currency pairs from around the world.
GBPUSD Spread
0.8
EURUSD Spread
0.3
GBPEUR Spread
0.6
Total Assets
60+
FCA Regulated
MT4 Integration
Yes
Trade on majors, minors and exotics.
GBPUSD Spread
2.2
EURUSD Spread
1.1
GBPEUR Spread
3.1
Total Assets
30+
FCA Regulated
MT4 Integration
Yes
Trade FX pairs with up to 1:400 leverage.
GBPUSD Spread
0.28
EURUSD Spread
0.28
GBPEUR Spread
0.28
Total Assets
49
FCA Regulated
MT4 Integration
Yes
Dukascopy offers FX trading on over 60 currency pairs
GBPUSD Spread
1
EURUSD Spread
0.3
GBPEUR Spread
0.9
Total Assets
63
FCA Regulated
MT4 Integration
Yes
Offering a range of Accounts, including ECN, Instaforex can reduce average spreads to just 0.8 pips. The range of pairs offered is also among the largest of any broker.
GBPUSD Spread
Av. Floating 0.8
EURUSD Spread
Av. Floating 0.8
GBPEUR Spread
Av. Floating 0.8
Total Assets
200+
FCA Regulated
MT4 Integration
Yes
Trading available on close to 40 major, minor, and exotic currency pairs
GBPUSD Spread
1.2
EURUSD Spread
0.5
GBPEUR Spread
1.2
Total Assets
38
FCA Regulated
Yes
MT4 Integration
Yes
SpreadEx offer spread betting on Financials with a range of tight spread markets. Popular award winning, UK regulated broker.
GBPUSD Spread
0.9 pts
EURUSD Spread
0.6 pips
GBPEUR Spread
0.9 pips
Total Assets
60+
FCA Regulated
Yes
MT4 Integration
No
Trade online currencies with ultra-low spreads.
GBPUSD Spread
From 0.00002
EURUSD Spread
From 0.0
GBPEUR Spread
From 0.00002
Total Assets
63
FCA Regulated
MT4 Integration
Yes
Trade with leverage on dozens of popular currencies.
GBPUSD Spread
0.5
EURUSD Spread
0.2
GBPEUR Spread
0.4
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Capital.com offer 68 Forex pairs for trading. All have competitive spreads. The firm also ensure negative balance protection.
GBPUSD Spread
1 pip
EURUSD Spread
0.6 pips
GBPEUR Spread
0.9 pips
Total Assets
68
FCA Regulated
Yes
MT4 Integration
Yes
Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world.
GBPUSD Spread
0.1-0.3 pips (Floating)
EURUSD Spread
0-0.2 pips (Floating)
GBPEUR Spread
0.1-0.3 pips (Floating)
Total Assets
80+
FCA Regulated
Yes
MT4 Integration
Yes
Alpari International offer forex over a huge range of pairs including Major, minor and exotic pairs. All with competitive spreads and laddered leverage.
GBPUSD Spread
0.7 (var)
EURUSD Spread
0.4 (var)
GBPEUR Spread
0.6 (var)
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Fondex is an award-winning forex and CFD broker with industry low trading costs
GBPUSD Spread
0.71
EURUSD Spread
0.28
GBPEUR Spread
0.7
Total Assets
67
FCA Regulated
MT4 Integration
No
Skilling offer Standard and Premium accounts offering competitive leverage and spreads across a large range of major, minor and exotic forex pairs.
GBPUSD Spread
0.7 pips
EURUSD Spread
0.4 pips
GBPEUR Spread
1.1 pips
Total Assets
73
FCA Regulated
MT4 Integration
Yes
ETX Capital are a London based, FCA regulated broker offering tight spreads across a wide range of markets. They offer professional client services to Pro clients. ETX are offering a FREE trading course to new clients, and free guaranteed stops on the TraderPro platform.
GBPUSD Spread
0.9
EURUSD Spread
0.6
GBPEUR Spread
0.9
Total Assets
65+
FCA Regulated
Yes
MT4 Integration
Yes
Trade dozens of global currency pairs.
GBPUSD Spread
4.3
EURUSD Spread
3.3
GBPEUR Spread
4.3
Total Assets
60+
FCA Regulated
MT4 Integration
Yes
Trade dozens of leading online forex pairs.
GBPUSD Spread
2
EURUSD Spread
1
GBPEUR Spread
2
Total Assets
40+
FCA Regulated
MT4 Integration
Yes
Ayondo offer trading across a huge range of markets and assets. They also offer negative balance protection and social trading.
GBPUSD Spread
1.1 Var
EURUSD Spread
0.8 pips
GBPEUR Spread
0.7 pips
Total Assets
80+
FCA Regulated
Yes
MT4 Integration
Yes
Trade forex pairs with tight spreads.
GBPUSD Spread
0.5
EURUSD Spread
0.3
GBPEUR Spread
0.8
Total Assets
50
FCA Regulated
Yes
MT4 Integration
Yes
Trade over 70 forex pairs with low spreads.
GBPUSD Spread
1.6
EURUSD Spread
0.8
GBPEUR Spread
1.5
Total Assets
70+
FCA Regulated
MT4 Integration
No
Trade 10 forex pairs with multiple binary options contracts.
GBPUSD Spread
None
EURUSD Spread
None
GBPEUR Spread
None
Total Assets
10
FCA Regulated
MT4 Integration
No
Trade major, minor and exotic forex pairs with leverage.
GBPUSD Spread
0.4
EURUSD Spread
0.2
GBPEUR Spread
0.1
Total Assets
80+
FCA Regulated
Yes
MT4 Integration
Yes
Trade major, minor & emerging forex pairs with 1:30 leverage.
GBPUSD Spread
0.2
EURUSD Spread
0.2
GBPEUR Spread
0.5
Total Assets
50+
FCA Regulated
Yes
MT4 Integration
Yes
Trade forex pairs with up to 1:400 leverage.
GBPUSD Spread
3
EURUSD Spread
2
GBPEUR Spread
3
Total Assets
20+
FCA Regulated
MT4 Integration
Yes
Trade 50+ forex pairs with 1:30 leverage.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
59
FCA Regulated
Yes
MT4 Integration
Yes
Trade a range of forex pairs with tight spreads.
GBPUSD Spread
0.3
EURUSD Spread
0.2
GBPEUR Spread
0.4
Total Assets
75+
FCA Regulated
MT4 Integration
Yes
Trade major, minor and exotic FX pairs.
GBPUSD Spread
3
EURUSD Spread
3
GBPEUR Spread
4
Total Assets
55+
FCA Regulated
MT4 Integration
Yes
Trade FX pairs with up to 1:500 leverage.
GBPUSD Spread
1.85
EURUSD Spread
1.2
GBPEUR Spread
1.67
Total Assets
70+
FCA Regulated
MT4 Integration
Yes
Trade a range of FX pairs with 1:30 leverage.
GBPUSD Spread
1.3
EURUSD Spread
0.7
GBPEUR Spread
0.9
Total Assets
40+
FCA Regulated
MT4 Integration
Yes
Trading CFD forex pairs with tight spreads.
GBPUSD Spread
1.3
EURUSD Spread
0.7
GBPEUR Spread
0.9
Total Assets
45+
FCA Regulated
MT4 Integration
Yes
Buy and sell FX with 1:30 leverage
GBPUSD Spread
4
EURUSD Spread
3
GBPEUR Spread
5
Total Assets
21
FCA Regulated
Yes
MT4 Integration
Yes
Trade on 40+ currency pairs with tight spreads.
GBPUSD Spread
0.5
EURUSD Spread
0.2
GBPEUR Spread
0.7
Total Assets
44
FCA Regulated
Yes
MT4 Integration
Yes
Trade on majors, minors and exotics with up to 1:500 leverage.
GBPUSD Spread
0.3
EURUSD Spread
0.1
GBPEUR Spread
0.4
Total Assets
62
FCA Regulated
Yes
MT4 Integration
Yes
You can start trading online currencies with up to 1:400 leverage at HQBroker.
GBPUSD Spread
1.5
EURUSD Spread
1.2
GBPEUR Spread
1.5
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Trade on forex with floating spreads
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
43
FCA Regulated
MT4 Integration
No
Spread Co offers trading on a long list of online currencies with competitive spreads.
GBPUSD Spread
1.0
EURUSD Spread
0.8
GBPEUR Spread
1.0
Total Assets
38
FCA Regulated
Yes
MT4 Integration
No
Buy and sell major, minor and exotic FX pairs.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
44
FCA Regulated
MT4 Integration
No
Invest in major, minor and exotic FX pairs.
GBPUSD Spread
2.0
EURUSD Spread
1.8
GBPEUR Spread
2.2
Total Assets
60+
FCA Regulated
MT4 Integration
Yes
Just2Trade offer hitech trading on stocks and options with some of the lowest prices in the industry
GBPUSD Spread
EURUSD Spread
GBPEUR Spread
Total Assets
FCA Regulated
MT4 Integration
Yes
Trade the most liquid & volatile forex pairs.
GBPUSD Spread
3
EURUSD Spread
3
GBPEUR Spread
4
Total Assets
60+
FCA Regulated
MT4 Integration
No
Tiered margin trading is available on FX pairs.
GBPUSD Spread
1.4
EURUSD Spread
0.9
GBPEUR Spread
1.4
Total Assets
60
FCA Regulated
Yes
MT4 Integration
Yes
Trade FX with tight spreads & 1:500 leverage.
GBPUSD Spread
0.5
EURUSD Spread
0.4
GBPEUR Spread
1.5
Total Assets
60
FCA Regulated
MT4 Integration
Yes
Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets
GBPUSD Spread
0.8 pips var
EURUSD Spread
0.6 pips var
GBPEUR Spread
0.9 pips var
Total Assets
40+
FCA Regulated
MT4 Integration
Yes
Videforex offers leveraged trading on major, minor and exotic currency pairs.
GBPUSD Spread
Floating from 0.1 pips
EURUSD Spread
Floating from 0.1 pips
GBPEUR Spread
Floating from 0.1 pips
Total Assets
35
FCA Regulated
MT4 Integration
No
Trade online currencies with tight spreads.
GBPUSD Spread
1.9
EURUSD Spread
1.4
GBPEUR Spread
2.1
Total Assets
50+
FCA Regulated
Yes
MT4 Integration
Yes
Trade on the foreign exchange market with 1:30 leverage.
GBPUSD Spread
0.8
EURUSD Spread
0.5
GBPEUR Spread
0.8
Total Assets
50+
FCA Regulated
Yes
MT4 Integration
Yes
Trade major, minor and exotic currency pairs with competitive spreads.
GBPUSD Spread
Floating from 0 pips
EURUSD Spread
Floating from 0 pips
GBPEUR Spread
Floating from 0 pips
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Trade on a modest selection of FX pairs.
GBPUSD Spread
2.35
EURUSD Spread
1.80
GBPEUR Spread
2.57
Total Assets
27
FCA Regulated
Yes
MT4 Integration
Yes
Invest in foreign exchange with tight spreads.
GBPUSD Spread
1.1
EURUSD Spread
0.7
GBPEUR Spread
0.9
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Trade on the foreign exchange market with 1:30 leverage.
GBPUSD Spread
2.3
EURUSD Spread
0.9
GBPEUR Spread
1.4
Total Assets
50+
FCA Regulated
Yes
MT4 Integration
Yes
BlackBull Markets offers leveraged FX trading.
GBPUSD Spread
0.8
EURUSD Spread
0.2
GBPEUR Spread
Not provided
Total Assets
60+
FCA Regulated
MT4 Integration
Yes
Trade FX pairs with sub 1 pip spreads.
GBPUSD Spread
0.84
EURUSD Spread
0.36
GBPEUR Spread
0.95
Total Assets
40+
FCA Regulated
MT4 Integration
Yes
FX trading is available with 1:30 leverage.
GBPUSD Spread
0.6
EURUSD Spread
0.3
GBPEUR Spread
0.5
Total Assets
35+
FCA Regulated
Yes
MT4 Integration
No
Trade two-dozen FX pairs with 1:500 leverage.
GBPUSD Spread
From 0.1
EURUSD Spread
From 0.1
GBPEUR Spread
From 0.1
Total Assets
24
FCA Regulated
MT4 Integration
No
Trade on the forex market with 1:30 leverage.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
75+
FCA Regulated
Yes
MT4 Integration
Yes
Trade close to 70 forex pairs, including majors and minors.
GBPUSD Spread
0.7
EURUSD Spread
0.4
GBPEUR Spread
1.0
Total Assets
69
FCA Regulated
MT4 Integration
No
Trade on the FX market with flexible leverage.
GBPUSD Spread
2
EURUSD Spread
1.9
GBPEUR Spread
2
Total Assets
69
FCA Regulated
MT4 Integration
Yes
Weltrade provides leveraged trading in the highly-liquid FX market.
GBPUSD Spread
2.1
EURUSD Spread
1.5
GBPEUR Spread
2.4
Total Assets
37
FCA Regulated
MT4 Integration
Yes
Trade close to 50 leading and emerging currency pairs.
GBPUSD Spread
0.5
EURUSD Spread
0.2
GBPEUR Spread
0.5
Total Assets
44
FCA Regulated
MT4 Integration
Yes
Trade over two-dozen forex pairs with high leverage rates.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
26
FCA Regulated
Yes
MT4 Integration
Yes
London Capital Group provide trading on 7000+ markets over 9 asset classes. Spreads are competitive but active traders may have better broker options elsewhere.
GBPUSD Spread
0.5 pips
EURUSD Spread
0.3 pips
GBPEUR Spread
0.4 pips
Total Assets
60+
FCA Regulated
Yes
MT4 Integration
Yes
Trade leveraged futures on leading currencies.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
25+
FCA Regulated
MT4 Integration
Yes
Trade two-dozen+ FX pairs with low spreads.
GBPUSD Spread
1.4
EURUSD Spread
1.4
GBPEUR Spread
1.4
Total Assets
27
FCA Regulated
Yes
MT4 Integration
Yes
JFD offers forex trading on a portfolio of majors, minors and exotics.
GBPUSD Spread
3.5
EURUSD Spread
1.8
GBPEUR Spread
1.3
Total Assets
66
FCA Regulated
MT4 Integration
Yes
Trade an extensive list of online currencies with low spreads.
GBPUSD Spread
From 0.4
EURUSD Spread
From 0.4
GBPEUR Spread
From 0.4
Total Assets
330+
FCA Regulated
Yes
MT4 Integration
Yes
Trade dozens of currencies with 1:30 leverage.
GBPUSD Spread
1.3
EURUSD Spread
0.3
GBPEUR Spread
1.5
Total Assets
35+
FCA Regulated
Yes
MT4 Integration
Yes
Trade over three-dozen currencies with competitive floating spreads.
GBPUSD Spread
From 0.4
EURUSD Spread
From 0.4
GBPEUR Spread
From 0.4
Total Assets
38
FCA Regulated
MT4 Integration
Yes
Ultra tight spreads from 0.1 pips are available on major, minor and exotic forex pairs.
GBPUSD Spread
From 0.1
EURUSD Spread
From 0.1
GBPEUR Spread
From 0.1
Total Assets
25+
FCA Regulated
MT4 Integration
Yes
Start trading a long list of leading currencies with up to 1:30 leverage.
GBPUSD Spread
From 0.9
EURUSD Spread
From 0.9
GBPEUR Spread
From 0.9
Total Assets
38
FCA Regulated
MT4 Integration
Yes
Buy and sell over 50 currencies with competitive floating spreads.
GBPUSD Spread
1.2
EURUSD Spread
0.5
GBPEUR Spread
1.1
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Buy and sell over 50 currencies with zero pip spreads available.
GBPUSD Spread
Raw from 0.0 pips
EURUSD Spread
Raw from 0.0 pips
GBPEUR Spread
Raw from 0.0 pips
Total Assets
50
FCA Regulated
MT4 Integration
Yes
Ultra competitive spreads are available on forex pairs at Zenfinex.
GBPUSD Spread
0.3
EURUSD Spread
0.1
GBPEUR Spread
0.3
Total Assets
50+
FCA Regulated
Yes
MT4 Integration
Yes
MultiBank FX offers investing in leading major, minor and exotic currency pairs.
GBPUSD Spread
0.8
EURUSD Spread
0.3
GBPEUR Spread
0.8
Total Assets
45+
FCA Regulated
MT4 Integration
Yes
Start investing in a long list of online currencies with up to 1:500 leverage.
GBPUSD Spread
0-1.2
EURUSD Spread
0-1.2
GBPEUR Spread
0-1.2
Total Assets
50+
FCA Regulated
MT4 Integration
No
TMS Brokers offers a suite of forex pairs with decent leverage levels.
GBPUSD Spread
1.3
EURUSD Spread
1.0
GBPEUR Spread
1.0
Total Assets
42
FCA Regulated
MT4 Integration
No
Trade 50+ currency pairs with leading tools.
GBPUSD Spread
1.8
EURUSD Spread
1.8
GBPEUR Spread
3
Total Assets
55
FCA Regulated
MT4 Integration
No
Start speculating on major, minor and exotic currencies at Tradeview.
GBPUSD Spread
0.6
EURUSD Spread
0.2
GBPEUR Spread
0.7
Total Assets
60
FCA Regulated
MT4 Integration
Yes
Trade dozens of currency pairs with competitive floating spreads, including majors and minors.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
30+
FCA Regulated
MT4 Integration
Yes
A decent portfolio of online currencies are available for trading at ICM Capital.
GBPUSD Spread
1.8
EURUSD Spread
1.3
GBPEUR Spread
1.3
Total Assets
50+
FCA Regulated
Yes
MT4 Integration
Yes
Trade a long list of global currencies with high leverage rates.
GBPUSD Spread
0.5
EURUSD Spread
0.2
GBPEUR Spread
0.4
Total Assets
76
FCA Regulated
MT4 Integration
No
Global Prime offers online trading on a long list of major, minor and exotics currencies.
GBPUSD Spread
0.64
EURUSD Spread
0.1
GBPEUR Spread
0.8
Total Assets
48
FCA Regulated
MT4 Integration
Yes
Start trading a range of currencies online with ultra-low spreads.
GBPUSD Spread
From 0 pips
EURUSD Spread
From 0 pips
GBPEUR Spread
From 0 pips
Total Assets
44
FCA Regulated
MT4 Integration
Yes
Buy and sell a suite of major, minor and exotic currencies.
GBPUSD Spread
3
EURUSD Spread
1.8
GBPEUR Spread
1.8
Total Assets
50
FCA Regulated
MT4 Integration
Yes
Stratton Markets offers major, minor and exotic currencies.
GBPUSD Spread
Fixed
EURUSD Spread
Fixed
GBPEUR Spread
Fixed
Total Assets
25+
FCA Regulated
MT4 Integration
Yes
Trade the most active currency pairs at Smart Prime FX.
GBPUSD Spread
1
EURUSD Spread
8
GBPEUR Spread
1
Total Assets
10+
FCA Regulated
MT4 Integration
Yes
Trade Nation offers trading in 30+ online currencies.
GBPUSD Spread
0.8
EURUSD Spread
0.6
GBPEUR Spread
0.6
Total Assets
33
FCA Regulated
Yes
MT4 Integration
Yes
Trade close to 100 major, minor and exotic currency pairs.
GBPUSD Spread
0.5
EURUSD Spread
0.2
GBPEUR Spread
0.5
Total Assets
96
FCA Regulated
MT4 Integration
Yes
Trade on the FX market with 1:30 leverage.
GBPUSD Spread
1.2
EURUSD Spread
0.7
GBPEUR Spread
1.3
Total Assets
45+
FCA Regulated
Yes
MT4 Integration
Yes
Trade a list of currencies with floating and fixed spreads depending on the account.
GBPUSD Spread
Variable & Fixed
EURUSD Spread
Variable & Fixed
GBPEUR Spread
Variable & Fixed
Total Assets
100+
FCA Regulated
MT4 Integration
No
Trade an extensive list of online currency pairs with up to 1:30 leverage.
GBPUSD Spread
From 0.4
EURUSD Spread
From 0.2
GBPEUR Spread
From 0.4
Total Assets
60+
FCA Regulated
Yes
MT4 Integration
Yes
Trade currencies from around world with floating spreads.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
34
FCA Regulated
Yes
MT4 Integration
Yes
Financial Spreads offers forex trading with 1:30 leverage.
GBPUSD Spread
0.9
EURUSD Spread
0.7
GBPEUR Spread
0.8
Total Assets
30+
FCA Regulated
Yes
MT4 Integration
No
Trade dozens of online currencies with competitive leverage rates.
GBPUSD Spread
0.5
EURUSD Spread
0.3
GBPEUR Spread
0.5
Total Assets
60+
FCA Regulated
MT4 Integration
Yes
Trade on the foreign exchange market with 1:30 leverage.
GBPUSD Spread
0.4
EURUSD Spread
0.5
GBPEUR Spread
1.6
Total Assets
67
FCA Regulated
MT4 Integration
Yes
Buy and sell currency pairs, including majors, minors and exotics.
GBPUSD Spread
0.6
EURUSD Spread
0.3
GBPEUR Spread
1.5
Total Assets
42
FCA Regulated
MT4 Integration
Yes
Trade over 100 online currency pairs at CPT Markets.
GBPUSD Spread
From 1.8
EURUSD Spread
From 1.8
GBPEUR Spread
From 1.8
Total Assets
100
FCA Regulated
Yes
MT4 Integration
Yes
FxGrow is a leading forex provider offering tight spreads.
GBPUSD Spread
0.5
EURUSD Spread
0.3
GBPEUR Spread
0.5
Total Assets
60+
FCA Regulated
MT4 Integration
No
Buy and sell major, minor and exotic currency pairs at Intertrader.
GBPUSD Spread
1.2
EURUSD Spread
0.6
GBPEUR Spread
0.9
Total Assets
45
FCA Regulated
MT4 Integration
Yes
Invest in online currencies, including the US Dollar and Euro.
GBPUSD Spread
08
EURUSD Spread
0.5
GBPEUR Spread
0.8
Total Assets
10+
FCA Regulated
Yes
MT4 Integration
No
Trade a modest range of popular currencies.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
14
FCA Regulated
MT4 Integration
No
Major and minor currency pairs including EUR/USD with low spreads.
GBPUSD Spread
Floating from 1 pip
EURUSD Spread
Floating from 1 pip
GBPEUR Spread
Floating from 1 pip
Total Assets
40+
FCA Regulated
Yes
MT4 Integration
Yes
KLMFX offers online currency trading on majors, minors and exotics.
GBPUSD Spread
2.4
EURUSD Spread
1.5
GBPEUR Spread
2.5
Total Assets
44
FCA Regulated
MT4 Integration
No
Trade on the foreign exchange market with ultra-low spreads.
GBPUSD Spread
Floating from 0 pips
EURUSD Spread
Floating from 0 pips
GBPEUR Spread
Floating from 0 pips
Total Assets
45
FCA Regulated
MT4 Integration
Yes
Trade on close to 50 major, minor and exotic currencies.
GBPUSD Spread
2.3
EURUSD Spread
1.7
GBPEUR Spread
2.1
Total Assets
40
FCA Regulated
MT4 Integration
Yes
Trade online currencies with competitive spreads and up to 1:200 leverage.
GBPUSD Spread
0.3
EURUSD Spread
0.3
GBPEUR Spread
0.3
Total Assets
47
FCA Regulated
MT4 Integration
No
FCMarket offers leveraged trading on the foreign exchange market.
GBPUSD Spread
1.2
EURUSD Spread
0.9
GBPEUR Spread
1.8
Total Assets
47
FCA Regulated
MT4 Integration
Yes
Trade forex pairs with zero pip spreads.
GBPUSD Spread
From 0
EURUSD Spread
From 0
GBPEUR Spread
From 0.5
Total Assets
44
FCA Regulated
MT4 Integration
Yes
OctaFX offers leveraged trading on currencies.
GBPUSD Spread
1.1
EURUSD Spread
0.7
GBPEUR Spread
2.1
Total Assets
28
FCA Regulated
MT4 Integration
Yes
Trade over 50 currencies with 1:30 leverage.
GBPUSD Spread
0.4
EURUSD Spread
0.4
GBPEUR Spread
0.6
Total Assets
51
FCA Regulated
MT4 Integration
Yes
Trade majors, minors and exotics.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
FCA Regulated
MT4 Integration
Yes
Trade three-dozen forex pairs, including the US Dollar and Euro.
GBPUSD Spread
1.3
EURUSD Spread
0.6
GBPEUR Spread
0.9
Total Assets
36
FCA Regulated
MT4 Integration
Yes
Trade on a range of major, minor and emerging forex pairs.
GBPUSD Spread
1.6
EURUSD Spread
1
GBPEUR Spread
1.4
Total Assets
58
FCA Regulated
Yes
MT4 Integration
Yes
Darwinex offers 1:30 leverage on forex pairs.
GBPUSD Spread
0.7
EURUSD Spread
0.3
GBPEUR Spread
0.5
Total Assets
40+
FCA Regulated
Yes
MT4 Integration
Yes
Trade over a dozen currencies with leverage.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
17
FCA Regulated
Yes
MT4 Integration
Yes
Trade dozens of FX pairs with 1:200 leverage.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
60
FCA Regulated
MT4 Integration
Yes
Speculate on the currency market with up to 1:200 leverage and competitive spreads.
GBPUSD Spread
0.8
EURUSD Spread
0.4
GBPEUR Spread
0.6
Total Assets
45+
FCA Regulated
Yes
MT4 Integration
Yes
Trade major, minor and exotic currency pairs with tight spreads.
GBPUSD Spread
0.7
EURUSD Spread
0.4
GBPEUR Spread
0.7
Total Assets
65
FCA Regulated
Yes
MT4 Integration
Yes
Trade forex pairs with up to 1:3000 leverage.
GBPUSD Spread
3
EURUSD Spread
2
GBPEUR Spread
2
Total Assets
34
FCA Regulated
MT4 Integration
Yes
Speculate on major, minor & exotic FX pairs.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
90+
FCA Regulated
MT4 Integration
No
Trade FX with high leverage levels.
GBPUSD Spread
2
EURUSD Spread
1.4
GBPEUR Spread
1.6
Total Assets
40+
FCA Regulated
MT4 Integration
Yes
Trade on dozens of forex pairs with high leverage.
GBPUSD Spread
1.6
EURUSD Spread
1.4
GBPEUR Spread
1.3
Total Assets
68
FCA Regulated
MT4 Integration
Yes
Trade a mix of online currency pairs with leverage.
GBPUSD Spread
1.4
EURUSD Spread
1.5
GBPEUR Spread
1.9
Total Assets
45
FCA Regulated
MT4 Integration
Yes
Online trading is available on major, minor and exotic FX pairs.
GBPUSD Spread
2.6
EURUSD Spread
1.9
GBPEUR Spread
2.5
Total Assets
54
FCA Regulated
MT4 Integration
Yes
Trade on FX pairs with 1:500 leverage.
GBPUSD Spread
0.1
EURUSD Spread
0.1
GBPEUR Spread
0.5
Total Assets
71
FCA Regulated
MT4 Integration
Yes
Trade with leverage on a range of FX pairs.
GBPUSD Spread
Floating
EURUSD Spread
Floating
GBPEUR Spread
Floating
Total Assets
45+
FCA Regulated
MT4 Integration
Yes
Trade FX with leverage and low spreads.
GBPUSD Spread
2.1
EURUSD Spread
1.2
GBPEUR Spread
1.8
Total Assets
24
FCA Regulated
MT4 Integration
No
Trade forex with competitive spreads.
GBPUSD Spread
1.5
EURUSD Spread
0.8
GBPEUR Spread
1.3
Total Assets
40+
FCA Regulated
MT4 Integration
Yes
Trade dozens of forex pairs with up to 1:200 leverage rates.
GBPUSD Spread
1-3 pips
EURUSD Spread
1-3 pips
GBPEUR Spread
1-3 pips
Total Assets
50+
FCA Regulated
MT4 Integration
No
Margin trading on majors, minors and exotics.
GBPUSD Spread
1.5
EURUSD Spread
1.2
GBPEUR Spread
1.5
Total Assets
50
FCA Regulated
MT4 Integration
Yes
Trade close to 50 currency pairs.
GBPUSD Spread
5
EURUSD Spread
3
GBPEUR Spread
5
Total Assets
46
FCA Regulated
MT4 Integration
No
Trade with leverage on a suite of online currencies.
GBPUSD Spread
1.3
EURUSD Spread
1.3
GBPEUR Spread
1.5
Total Assets
75+
FCA Regulated
Yes
MT4 Integration
Yes
Trade a long list of forex pairs with leverage.
GBPUSD Spread
Floating from 0
EURUSD Spread
Floating from 0
GBPEUR Spread
Floating from 0
Total Assets
50+
FCA Regulated
MT4 Integration
Yes
Trade with leverage on the FX market.
GBPUSD Spread
1.3
EURUSD Spread
0.7
GBPEUR Spread
1.4
Total Assets
55
FCA Regulated
MT4 Integration
Yes
Trade on a mix of FX pairs with 1:30 leverage.
GBPUSD Spread
1.4
EURUSD Spread
0.9
GBPEUR Spread
1.4
Total Assets
46
FCA Regulated
MT4 Integration
Yes
Trade close to 200 majors, minors & exotics.
GBPUSD Spread
3
EURUSD Spread
3
GBPEUR Spread
3
Total Assets
180+
FCA Regulated
MT4 Integration
No
Trade currency pairs with tight spreads and 1:500 leverage.
GBPUSD Spread
1.2
EURUSD Spread
0.9
GBPEUR Spread
0.9
Total Assets
60
FCA Regulated
MT4 Integration
Yes
Buy and sell over 50 forex pairs
GBPUSD Spread
0.7
EURUSD Spread
0.4
GBPEUR Spread
0.6
Total Assets
55
FCA Regulated
Yes
MT4 Integration
Yes
Participate in the global currency market with leveraged trading.
GBPUSD Spread
1.3
EURUSD Spread
0.9
GBPEUR Spread
1
Total Assets
60+
FCA Regulated
MT4 Integration
Yes
Trade on a modest collection of FX pairs.
GBPUSD Spread
5.5
EURUSD Spread
2.5
GBPEUR Spread
N/A
Total Assets
7
FCA Regulated
MT4 Integration
No

GBP/MXN Explained

The GBP to MXN exchange rate represents the value of the Great British Pound versus the Mexican Peso. The GBP is the base currency while the MXN is the counter currency. For forex traders investing in the pair, you are measuring the strength of one against the other.

Why Trade GBP Vs MXN

With so many forex pairs on offer, why should you trade GBP into MXN?

  • Growth – Despite stagnating in 2020, the GBP/MXN rate was forecast to increase by 10% in 2021. Trading in a bullish market can also be easier, making it an attractive investment proposition.
  • Volatility – Trading MXN to GBP can be a volatile exchange for FX traders. The UK economy is prone to stagflation, which is a mixture of stagnant economic growth and high inflation.
  • Liquidity – The MXN ranks eighth in the world for global liquidity behind the USD, EUR, JPY and GBP. High liquidity can reduce the risk of slippage, provide faster execution of orders and tighter bid-offer spreads.
  • Prevalence – The GBP is popular and the 4th most traded currency on the global foreign exchange market. It is also considered one of the safest. Its size leads to a wealth of financial data available, which can make MXN/GBP conversions easier to forecast.

Drawbacks & Risks

Despite several benefits to trading the GBP/MXN pair, there are downsides to consider.

Commodity Prices

Mexico is the world’s ninth-largest producer of oil, meaning the country is reliant on its natural resources. The Mexican Peso is therefore tightly correlated to other currencies that are based on its commodities, such as the Colombian Peso and the Brazilian Real.

The interdependence between these currencies makes energy fluctuations more important, and forex traders should take note of any data that moves the markets for natural gas and crude oil. This includes the US Oil Inventory Report, which is released weekly and can have a major impact on the GBP/MXN.

Investing in the GBP/MXN

Reliance On The USA

Monetary policy in Mexico is still dependent on the USA. The Banco de Mexico, the nation’s central bank, meets on eight occasions throughout the year to discuss and make changes to monetary policy in the country. These meetings are usually scheduled between 24 and 72 hours after decisions have been announced from the US Federal Reserve. This highlights how important the interdependence between Mexico and the United States still is. It also explains why it’s worth keeping an eye on US announcements when investing in GBP/MXN.

GBP/MXN History

The Mexican Peso was initially based on Spain’s official currency, which is the silver dollar. Its name originated from the 8-real coins that were cast from pure silver, issued by the country of Spain for Mexico. The Peso was the first currency to use a discrete border and accurate weight to prevent counterfeits, which made it very popular.

In the late 18th century, the Mexican Peso was used as a benchmark for all North American countries. In 1785, the USD was valued at a rate similar to the Peso and became widely used as currency in America well after USD bills were introduced. After Mexico gained independence from Spain in 1821, it continued to use the Peso.

Understanding the GBP/MXN history offers important context when forex investing.

Measuring GBP To MXN Rates

There are many top brokers out there where you can buy GBP to MXN with the best exchange rate available.

Before you trade, you first need to look at today’s buying and selling rate. You also need to look at a chart or exchange rate history, as well as the latest economic and political news in both countries. Any political or economic instability can affect the GBP to MXN exchange rate. It can also affect forecasts.

GBP/MXN forex trading

Using Pivot Points When Trading GBP/MXN

Pivot points are used by forex traders as a forecast indicator. They symbolise levels of technical significance. When used alongside other indicators such as support and resistance, pivot points can be an effective investing tool.

Pivot points are calculated using the high, low and close prices of a previous day, week or month.

The three levels of resistance are referred to as R1, R2, and R3. The three levels of support are referred to as S1, S2, and S3.

When the current GBP to MXN exchange rate is trading above the daily pivot point, this is an indication to take a long position. Similarly, when the current exchange rate is trading below the daily pivot point, this serves as an indication to take a short position. There are several top brokers that we’d recommend for executing the best GBP vs MXN live spot rates, such as Oanda.

Final Word On Trading GBP/MXN

The GBP to MXN pairing is an attractive choice for forex traders investing in the South American market. High liquidity in both currencies means faster execution of orders, tighter spreads and reduced slippage. But the MXN can be highly influenced by market moves in oil and gas, as well as monetary policy in the US. Checking the latest economic and data releases for each will help you make live trades and forecasts.

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FAQ

Has 1 GBP Always Had A Higher Value To MXN?

Historically, one British Pound has been worth more than one Mexican Peso. But the price of one currency compared to another is not necessarily an indication of wealth, power, or strength. Rates constantly fluctuate so keep an eye on live price charts.

Is GBP The Strongest Currency When Trading To MXN?

The GBP is often thought to be one of the strongest currencies globally. The GBP is the 4th most traded currency, accounting for around 12.8% of daily trades on the foreign exchange market. As such, it is typically seen as the stronger currency in the GBP/MXN pairing.

How Do I Invest In GBP/MXN?

There are several top brokers that we’d recommend for trading GBP to MXN. Using a broker will give you access to the best live rates, graphs, and access to exchange rate history. Tight spreads, fast withdrawals and a suite of tools are also available at the best FX brokers.

Will The Value of GBP To MXN Increase In 2021?

The Mexican Peso stagnated in 2020 but it is forecast to increase by about 10% in 2021. This means the GBP/MXN pair could be a good addition to your FX portfolio as investing in bullish markets can be easier. Keep an eye on the latest geopolitical events which can affect trends.

Why Did GBP/MXN Drop In 2020?

The MXN led global currency losses in 2020. This was a result of President Andres Manuel Lopez Obrador rejecting calls for fiscal stimulus to offset the impact of the coronavirus pandemic. The peso sank as much as 4% during a global sell-off. Fortunately, the currency is expected to recover as the world recovers from the impact of the virus.