IG Markets in Mexico: Is it Available and Legit?
As of June 2026, IG Markets is available to traders and investors in Mexico. This accessibility confirms the broker's authorization to operate within Mexico and its compliance with the necessary regulatory requirements.
Essential details of IG Markets services in Mexico
IG Markets is accessible to traders and investors in Mexico. Key highlights include:
- Mexico residents can open an account with IG Markets
- IG Markets has earned an overall rating of 6.78/10 points according to our methodology.
- IG Markets received 10/10 points for regulation and safety.
- For more detailed information, see our comprehensive IG Markets review.
Is IG Markets a regulated broker? Is it safe?
IG Markets is a regulated Forex broker operating under the supervision of the following regulatory authorities:
| Regulator | Full Name | Country | Protection Fund | Regulation level |
|---|---|---|---|---|
|
|
Full Name Australian Securities and Investments Commission | Country Australia | Protection Fund No specific fund but has stringent consumer protection | Regulation level Tier-1 |
|
|
Full Name Federal Financial Supervisory Authority | Country Germany | Protection Fund Up to €20,000 | Regulation level Tier-1 |
|
|
Full Name Bermuda Monetary Authority | Country Bermuda | Protection Fund No specific fund | Regulation level Tier-3 |
|
|
Full Name Commodity Futures Trading Commission | Country United States | Protection Fund No specific fund | Regulation level Tier-1 |
|
|
Full Name Cyprus Securities and Exchange Commission | Country Cyprus | Protection Fund Up to €20,000 | Regulation level Tier-1 |
|
|
Full Name Dubai Financial Services Authority | Country Dubai | Protection Fund No specific fund | Regulation level Tier-2 |
|
|
Full Name Financial Conduct Authority | Country United Kingdom | Protection Fund Up to £85,000 | Regulation level Tier-1 |
|
|
Full Name Swiss Financial Market Supervisory Authority | Country Switzerland | Protection Fund CHF 100,000 | Regulation level Tier-1 |
|
|
Full Name Financial Markets Authority of New Zealand | Country New Zealand | Protection Fund No specific fund | Regulation level Tier-2 |
|
|
Full Name Financial Sector Conduct Authority of South Africa | Country South Africa | Protection Fund No specific fund | Regulation level Tier-2 |
|
|
Full Name Japan Financial Services Agency | Country Japan | Protection Fund No specific fund | Regulation level Tier-1 |
|
|
Full Name Monetary Authority of Singapore | Country Singapore | Protection Fund No specific fund | Regulation level Tier-1 |
|
|
Full Name National Futures Association | Country United States | Protection Fund No specific fund | Regulation level Tier-1 |
Is IG Markets safe to use in Mexico?
A broker’s security is largely defined by its regulatory status. IG Markets is supervised by a Tier-1 authority, which is considered the highest level of oversight in the financial industry. Such brokers must comply with strict requirements on capital, transparency, and client fund protection. In addition, the presence of an Investor Compensation Fund and a proven track record in financial markets further strengthen trust. According to our methodology, IG Markets received a Regulation and safety score of 10/10, placing it among the most secure brokers.
Is Forex trading allowed in Mexico? Is Forex taxable in Mexico?
-
Licensing in Mexico
There seems to be some conflicting information about how Forex trading is regulated in Mexico. While some sources say it's overseen by a specific body, others indicate a more indirect approach. Below are confirmed facts:
- Forex trading itself is legal in Mexico
- there isn't a single, specific regulatory body for Forex trading
- Forex brokers operating in Mexico need to be licensed by the Comisión Nacional Bancaria y de Valores (CNBV). The CNBV regulates the broader financial sector and ensures brokers comply with relevant regulations
-
Investor protection in Mexico
Forex investors are protected by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores | CNBV) and the Mexican Financial Intelligence Unit (Unidad de Inteligencia Financiera | UIF). The CNBV regulation might include some investor protection measures for clients of licensed brokers. This could involve:
- minimum capital requirements for brokers to ensure meeting financial obligations
- rules of client funds maintenance, potentially requiring segregation from the broker's own assets
- reporting requirements that ensure transparency
-
Taxation in Mexico
Forex trading profits are typically subject to Mexico's progressive income tax rates, which range from 1.92% to 35% for individuals, depending on their income. Forex taxation in Mexico requires traders to accurately report their trading income, comply with tax laws and regulations, and fulfill all tax filing obligations.
IG Markets vs other regulated brokers in Mexico
To provide a clear understanding of available options for traders in Mexico, Traders Union compared IG Markets trading conditions with those of other regulated brokers accepting clients in the region.
| IG Markets | IUX | XM | ||
|---|---|---|---|---|
| Regulation | FCA, BaFin, ASIC, MAS, CySec, FINMA, BMA, CFTC, NFA | FSC, FSCA, ASIC, FSA SVG | CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) | |
| Minimum deposit | $1 | $50 | $5 | |
| Currency pairs | 80 | 34 | 57 | |
| Floating spread EUR/USD, min pips | 0.6 | 0.6 | 0.7 | |
| Floating spread EUR/USD, max pips | 1.2 | 0.8 | 1.2 | |
| Go to broker |
Study review
Your capital is at risk.
|
Go to broker
Your capital is at risk.
|
Go to broker
Your capital is at risk.
|
Why trust us
15+ years of independent market analysis
140+ evaluation criteria, reviewed by 50+ experts
Data-driven reviews of 200+ platforms, updated regularly
20+ industry awards & a wide network of global media partners
Learn more about our methodology and editorial policies.
Expert Advice
Editors' Top Picks and Insights
Blockchain nation in crisis: How a power struggle split Liberland
Shifting priorities: Governments back mining as businesses turn to AI
Intel's comeback: Apple, Trump and the AI bet
Bitcoin price prediction based on RSI: Is BTC poised for a new rally?
Toncoin becomes Gram: Why Durov restored token's original name
Why Tether flipping Ethereum is a pivotal moment for crypto
Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.
Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.