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Trading Mexican stocks at Swissquote

Your expert
Adam N.
Fact checked by
Tamás D.
Updated
Jan 2024
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

Can I buy Mexican stocks at Swissquote as of January 2024?

Yes, you can invest in Mexican stocks at Swissquote. This is a great feature as not all brokers make this market available.
My key findings in a nutshell
Adam
Adam Nasli
Financial Wizard | Trading • Safety • Market Analysis

I've thoroughly tested Swissquote services with our analyst team by opening a real-money account and these are my most important findings:

  • Swissquote is one of the relatively few brokers that provide access to trading Mexican stocks.
  • The cost of trading equities at Swissquote is high.
  • Stocks in emerging markets like Mexico present a great way to diversify your portfolio for the long term.
  • However, they carry some risks as well, such as higher volatility and lower liquidity, so make sure to do some research first.

Use our Compare Brokers tool to compare and find the best broker for your purposes. You can compare brokers along various criteria, such as stock trading fees, safety, and trading platforms.

At BrokerChooser, our analyst experts have personally reviewed and live-tested more than 100 global brokers, including Swissquote. The analysis involves regularly checking more than 500 data points to make certain that the presented information is always as fresh as possible. The table below includes the latest data for Swissquote.

Swissquote main highlights
🇲🇽 Mexican stocks' trading fee at Swissquote You can trade only on phone. Commission is 1%, min CHF 200
📃 Swissquote number of available ETFs 20,000
💰 Swissquote withdrawal fee $10
💰 Swissquote minimum deposit $0
💰 Swissquote inactivity fee No
📃 Swissquote deposit methods Bank transfer, Credit/debit cards
🗺️ Country of regulation Switzerland, Luxembourg UK, UAE, Hong Kong, Singapore, Malta, Cyprus
🎮 Swissquote demo account provided Yes

Data updated on January 26, 2024

BrokerChooser score
4.4 4.4 /5
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About the Mexican stock market

The Mexican Stock Market (BMV) 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.

Mexico is classified as an emerging market, providing growth potential for investors looking to diversify their portfolios when investing in stocks. The BMV also hosts international companies, offering exposure to global markets. Many Mexican companies offer dividends to their shareholders, creating an additional income source for investors.

Browse the list of brokers below to see which of them may also offer trading in Mexican stocks:

Benefits of trading emerging stocks

  • Potential for high returns: One of the most attractive features of emerging markets is their potential for high growth. As these economies continue to develop, there is often a surge in demand for goods and services, creating opportunities for investors to make significant returns. Additionally, emerging markets may have lower labor and production costs, making them attractive for companies looking to expand their operations. This can lead to increased profits and a rise in stock prices.
  • Diversification: Another potential benefit of investing in emerging markets is diversification. By investing in companies that are based in emerging markets, you can reduce your overall investment risk. This is because emerging markets tend to be less correlated with developed markets like the United States and Europe. If one market experiences a downturn, your investments in other markets may not be affected as much.

You can read more about portfolio diversification to know how to decrease the risks of your long term investments.

Risks of trading emerging stocks

Emerging market stocks could be a great addition to your investment portfolio, however they comes with their risks too that you should consider.

  • Lack of liquidity: Some emerging markets may have lower trading volumes compared to developed markets, leading to potential liquidity issues. This can result in wider bid-ask spreads and difficulty in executing trades at desired prices.
  • Increased volatility (this can be a benefit as well): Emerging markets tend to experience higher levels of market volatility compared to established markets. Sudden market swings can impact portfolio values and create uncertainty for investors.
  • Political instability: Emerging markets can be more susceptible to political and economic instability, which can lead to sudden changes in government policies, regulations, and economic conditions that can impact the stock market.
  • Currency volatility: Emerging countries may experience higher volatility in their currencies.
  • Higher transaction costs: Some emerging markets may have higher brokerage fees and commissions compared to more established markets. Currency conversion costs can also be higher.

Bottom line

Investing in emerging markets like Mexico offers an opportunity to diversify your investments on the long term, but you need to find the right provider as not all brokers offer access to Mexican stocks. You should also be aware of the potential risks associated with emerging market stocks, including volatility and liquidity challenges.

BrokerChooser score
4.4 4.4 /5
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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 into Mexican stocks. You have to find a broker, that makes this market available for you.

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

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Further reading

Author of this article

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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