Question
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what are differences between fx pairs?
1 Answer
<p>As per my knowledge, there are three types of currency pairs: major, minor, and exotic. Major currency pairs consist of the most frequently traded currencies globally. Because they have massive liquidity, you’re able to trade them virtually always. Furthermore, you’ll find the lowest spreads — or brokerage costs — when trading these pairs. Minor currency pairs When a currency pair doesn’t include the US dollar, it’s called a minor currency pair or a cross-currency pair.</p>
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