Casas de Bolsa (Brokerage Houses): Who Qualifies and What You Get
Learn how brokerage houses provide individual investors with access to the Mexican stock markets for trading stocks and ETFs.
Casas de Bolsa, or brokerage houses, are financial institutions that act as intermediaries, allowing private individuals to buy and sell securities on the stock market.
Who it's for
This is for individuals who want to trade stocks and Exchange Traded Funds (ETFs).
What you get
By using a brokerage house, you gain access to the BMV and BIVA markets. These are the primary stock exchanges where you can invest your money in various companies and funds.
What it costs you
You will need to pay brokerage commissions to the firm. The specific amount you are charged depends on the individual firm you choose to work with.
The catch to know
Before you hand over your money, you must ensure that the broker is regulated by the CNBV (Comisión Nacional Bancaria y de Valores). This ensures the firm is operating legally under government supervision.
How to apply
- Research different brokerage houses to compare their commission rates.
- Confirm the firm is officially regulated by the relevant financial authorities.
- Open an account by providing the required identification and financial documentation.
- Fund your account to begin trading on the Mexican stock exchanges.