Forex
Trade MXNJPY: Mexican Peso / Japanese Yen
Trade Mexican Peso / Japanese Yen CFDs long or short with leverage up to 1:2000 from 0.01 lots, on a web platform for desktop and mobile.
MXNJPY contract specifications
Everything to know before your first trade.
- Symbol
- MXNJPY
- Market
- Forex
- Contract size (1 lot)
- 100,000 MXN
- Maximum leverage
- 1:2000
- Minimum trade (lots)
- 0.01
- Maximum trade (lots)
- 100
- Volume step
- 0.01
- Price step
- 0.001
- Spread
- Floating
- Swap (long / short)
- 0.00 / 0.00
- Trading hours
- Sun 21:00 – Fri 21:00 (22:00 in winter)
Trading MXNJPY by account type
| Account | Max leverage | First deposit | Average spread | Margin call | Stop-out |
|---|---|---|---|---|---|
| Standard | 1:2000 | 10 USD | Floating | 60% | 50% |
| Swap-Free | 1:2000 | 250 USD | Floating | 60% | 50% |
| Pro | 1:2000 | 1,000 USD | Floating | 50% | 30% |
| Elite | 1:2000 | 5,000 USD | Floating | 50% | 30% |
How much is a MXNJPY price move worth?
On MXNJPY, every pip (0.01) is worth 1,000 JPY per lot, that is a contract of 100,000 MXN.
Margin to open a trade = contract size × price × lots ÷ leverage. Higher leverage means less margin and more risk.
MXNJPY trading questions
What is the contract size of MXNJPY?
One lot of MXNJPY equals 100,000 MXN. The minimum trade is 0.01 lots and the maximum 100 lots.
What is the maximum leverage on MXNJPY?
Up to 1:2000, and you choose the leverage of each account yourself inside the platform.
When can I trade MXNJPY?
Sun 21:00 – Fri 21:00 (22:00 in winter).
Can I try MXNJPY before depositing?
Yes, open a free demo account with 10,000 USD and practise on MXNJPY before you deposit.
Start with a demo or a live account
The demo account runs on the same platform with virtual funds, and you can open a live account when you are ready.