ARMO Broker Mexican stocks trading availability

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Can I buy Mexican stocks at ARMO Broker as of July 2024?

Curious if you can spice up your portfolio with some Mexican stocks through ARMO Broker? We’ve got the answer for you.

Great news: you can trade Mexican stocks at ARMO Broker. So if you’re looking to add a little salsa to your investments, you’re in the right place.

Buying Mexican stocks is a good way to diversify your portfolio (AI-generated image)

All you need to know about trading Mexican stocks at ARMO Broker

Gyula Lencsés, CFA

Stock Market • Investment • Market Analysis

Together with my brokerage analyst colleagues, I thoroughly tested the services of ARMO Broker by opening a real-money account and executing actual trades on its platforms. Here’s what you need to know about trading Mexican stocks at ARMO Broker:

ARMO Broker is among the few global brokers where you can trade stocks on the Bolsa Mexicana de Valores (BMV).
Trading in Mexican stocks is rarely free, so expect to pay a fee.
Check out the best brokers for Mexican stocks to see your top available options.

Before we begin, let's see if ARMO Broker is available in your country:

No, you can't open an account at ARMO Broker if you live in United States!

United States

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ARMO Broker is one of the select brokers where you can trade Mexican stocks

Let’s say you are an adventurous investor, sipping your morning coffee while scanning global markets. You’re tired of the same old US and European stocks and want to diversify your portfolio to include companies from less major markets. So you start to wonder, “Where can I trade Mexican stocks, which brokers offer this?”

Well, bring out the tequila, because ARMO Broker is among the small number of global brokers where you can trade Mexican stocks. If you want to diversify your investments by investing in this Latin American stock market, ARMO Broker is a good choice.

The Mexican stock market, the Bolsa Mexicana de Valores (BMV), also known as the Mexican Bolsa or Mexbol, is the primary stock exchange in Mexico, located in Mexico City, where stocks and various financial assets are traded. It offers a diverse range of investment opportunities, including stocks, exchange-traded funds (ETFs), and bonds.

Its main stock index is the IPC (Índice de Precios y Cotizaciones), consisting of 36 prominent companies. Approximately 140 companies are listed on the Mexbol.

Trading Mexican stocks usually carries a fee

While you might be able to trade stocks commission-free at many brokers for major markets like the US and Europe, this isn't the case for all stock markets. So, if you're eyeing stocks from a less common market, like Mexico, expect to pay a bit extra. It's kind of like when you go to a specialty store for a unique beer – the rare stuff usually costs more.

Now let’s check out exactly what fees you will face when trading Mexican stocks at ARMO Broker:

Mexican stock trading fees at ARMO Broker: 0.30%, with MXN 80 minimum

Alright, let's take a closer look at what ARMO Broker has to offer overall. Here’s a handy table that breaks down all the essential details:

ARMO Broker main highlights
💰 ARMO Broker stock fee class	Low
📃 ARMO Broker number of available stock markets	90
💰 ARMO Broker minimum deposit	$2,160
💰 ARMO Broker inactivity fee	No
📃 ARMO Broker deposit methods	Bank transfer
🗺️ Country of regulation	Ireland
🎮 ARMO Broker demo account provided	Yes

Data updated on July 11, 2024

Browse the best competitors for trading Mexican stocks

Is ARMO Broker not available in your country? Not fully satisfied with it overall? Wondering if there is another broker that also offers Mexican stocks, but with better overall service and conditions?

Head over to our toplist of the best brokers for trading Mexican stocks to explore ARMO Broker’s top competitors for diversifying your portfolio with stocks from Mexico. Browse through our curated selection of top-notch brokerages to see if you can go one better than ARMO Broker!

FAQ

What is the largest stock exchange in Mexico?

The largest stock exchange in Mexico is the Bolsa Mexicana de Valores (BMV) - the Mexican Stock Exchange.

Can I invest in the Mexican stock market?

There are no limitations in general to invest in Mexican stocks. All you have to do is find a broker that makes this market available for you.

What are the fees for trading Mexican stocks?

The exact fee varies by broker. But expect to pay some type of commission - usually, brokers will set a percentage fee of the trade value, and also charge a minimum fee. For example, 0.2% of trade value, with a minimum of MXN 100.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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