Forex The Most Traded Asset Class in Forex Trading?

[moonchild]

In the Forex market just like the pareto principle where 80/20 principle always play out, even in the forex trading there are some currency that have the most volume, and also their are some currency pairs that traders like the most, in this article we will look at the most traded pairs.

EURUSD: this is the most traded pairs in the forex market, a lot of people trade this pair because it is very liquid and move a number of decent pips, you can trade this pair everyday.

GBPUSD: this is another popular pair among traders, this pair is liked because it is very volatile and also erratic, it can move fast and also can be tradeable in both london and New York time zone.

 

[FinTrader]

I really like to trade currencies such as EURUSD and GBPUSD because of their low spreads with my broker fxopen (0.00-0.03). This makes it possible to quickly make a profit on each trade during intraday trading, when trades are opened for a short time.

 

[FXOchartist]

I often see on the Ticktrader platform, the EURUSD is the most traded pair with the tightest spread compared to other pairs, this is probably because the volatility of this pair is on average high and very liquid, for scalping the EURUSD pair provides easier profit prospects.