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3. Advance Questions

Are certain pairs better to trade than others?

Not all Forex pairs behave the same during certain market events. Even among majors, there is a large difference in liquidity, volatility and active market hours among them.

As a beginner, it might be a wise decision to focus on the most-traded currency pairs such as EUR/USD, USD/JPY and GBP/USD. Trading these currencies will likely reduce trading costs and slippage, and you’ll be able to avoid chaotic movements that may arise as a result of low liquidity in other pairs.

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