Online forex trading provides traders with nearly endless opportunities due to the hundreds of currency pairs that are available to trade at any given time.
However, not all currency pairs afford equal profit potential.
Some currencies tend to fluctuate, more than others, throughout the day and therefore, they tend to offer higher profitability as well as lower trading costs.
Which are the most favorable currency pairs?
While this is an entirely subjective question and the answer usually depends on your trading style and strategy, there are a number of currency pairs that can provide much better trading conditions than their counterparts.
For example, the major currency pairs, i.e. the ones that consist of the U.S dollar and a currency of developed economy, typically enjoy deeper liquidity, higher trading volumes and tighter spreads.
Maximize your trading performance today
You can learn all about the most traded currency pairs available in the forex market and how volatility affects your earning power on our educational
Click the button below to discover the most favorable currency pairs and how you can take advantage of the superior trading conditions they offer to maximize your trading results.
Established in 2012, CM Trading is Africa's largest local, award-winning brokerage. Our brokerage is delivering a new trading experience where traders can take advantage of classic platforms like Sirix and the MT4, as well as the latest technological developments such social trading.
And it doesn't stop there. We also support our traders by providing them with a dedicated market analyst, personalized educational packages, live trading signals, and exclusive masterclasses each month.
WARNING: Trading Foreign Exchange (Forex) and Contracts for Differences (CFD's) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.
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