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CFDs come with a high risk of losing money rapidly due to leverage. 71% of accounts lose money when trading CFDs with this provider. You should understand how CFDs work and consider if you can take the risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

79% of retail investor accounts lose money when trading CFDs with this provider.


Megacable Holdings Stock

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Megacable Holdings (MEGACPO.MX) is a Mexican telecommunications company with a market capitalization of 35.68 billion MXN as of August 18, 2023. Founded in 1994 by Enrique Yamuni Robles, the company has grown to become one of Mexico's leading providers of cable TV, internet, and telephony services.

Its history showcases its commitment to offering innovative and high-quality communication services to its customers. It has expanded its offerings to include broadband internet, digital TV, and voice services.

The company went public and is listed on the Mexican Stock Exchange, reflecting its strong presence and significance in Mexico's telecommunications sector. With a focus on technological advancements and customer satisfaction, Megacable continues to shape the landscape of communication services in Mexico.

The price history of Megacable Holdings reveals that the stock has seen significant fluctuations in price over the past 5 years. Its highest price of 101.990 MXN was reached in October 2018, while its lowest price of 39.240 MXN was reached in June 2023. This means that traders need to carefully consider their trading strategies and risk management when trading.

When it comes to trading strategies, traders may consider using strategies such as day trading, swing trading, position trading or scalping trading. Day trading involves opening and closing positions within the same trading day. Swing trading involves holding positions for several days to take advantage of short-term price swings. Position trading involves holding positions for several weeks or months, while scalping involves making many small profits throughout the day.

Traders may also consider using various tools and indicators when analysing the stock. One such tool is candlestick patterns, which could be used to identify bullish or bearish trends in the stock.

Before trading a company’s share, it is essential to consider its competition within the market and analyze its position within the industry. Below are the top competitors of Megacable Holdings that you should consider before trading:

  • America Movil (AMX.US) is a Mexican multinational telecommunications company. Founded by Carlos Slim Helú, it is one of the largest mobile network operators in the Americas, providing telecommunications and digital services across Latin America. With a vast subscriber base, it offers mobile and fixed-line services, internet, and pay television.
  • Grupo Televisa SAB SER CPO (TLEVISACPO.MX) is a Mexican multimedia company, founded by Emilio Azcárraga Vidaurreta. It is a major player in the Spanish-speaking media world, offering television programming, content production, distribution, and publishing. With a strong focus on entertainment and communication, it operates several television channels and engages in various media-related ventures.

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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

Trade [[data.name]] with Skilling

All Hassle-free, with flexible trade sizes and with zero commissions!*

  • Trade 24/5
  • Minimum margin requirements
  • No commission, only spread
  • Fractional shares available
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*Other fees may apply.

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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.


Capitalise on rising prices (go long)


Capitalise on falling prices (go short)


Trade with leverage
Hold larger positions than the cash you have at your disposal


Trade on volatility
No need to own the asset


No commissions
Just low spreads


Manage risk with in-platform tools
Ability to set take profit and stop loss levels