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Most popular forex currency pairs to trade

Some currency pairs are more volatile than others. This makes them better to use in trades. Normally it is the currencies of the major role players in the world economy that is ideal for forex trading.

 

You make your money with the up and down movement of the currencies. If the currency do not move up and down frequently, you have less opportunity of making money.

You will also note that the spread on these major pairs is much lower than on less popular pairs. Example: The spread on EUR/USD is between 1.5 and 3 pips. The spread on USD/ZAR is about 60 pips. (click here to see what the spread is). By the way, Oanda do offer the USD/ZAR currency pair, not all brokers do.

see www.freeforex.net/broker.php for details

The most popular currency pairs are:
EUR/USD
GBP/USD
USD/JPY
USD/CHF
EUR/JPY
USD/CHF
EUR/GBP
USD/CAD

EUR = Euro
USD = US Dollar
JPY = Japanese Yen
GBP = Great British Pound
CHF = Swiss Franc

The EUR/USD is the most traded currency pair by far.

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