Do you know What Cross Rates(Pairs) are the most popular in Forex?

August 7, 2017

Here is an advise for traders of Forex markets.

Do you know What Cross Rates(Pairs) are the most popular in Forex?

The 5 most popular Cross Rates are:

EUR/JPY, EUR/GBP, EUR/CHF, GBP/JPY, GBP/CHF.

Did you actually know that CROSS RATES means the pairs that do not involve the USD? Any two currencies can be quoted against each other, but the most actively traded pairs are the ones mentioned above.

Now you should know the “Merits” of trading above currency pairs.

Why you should trade the above Currency Pairs

Besides the USD pairs, the above 5 cross currency pairs are the most traded ones, which means that they are:

More Liquidated

Any markets with more liquidity has many advantages for traders, such as:

  1. Tighter Spread
  2. Low amount of Slippage
  3. Low possibility of Order Rejections

These 3 points above are the especially concerned points by traders every day.

And do you know where you can trade them online? That’s HotForex!

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