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Why are Exotic Pairs rarely traded by traders? in General Forex Discussion_67f83ac065b44

Why are Exotic Pairs rarely traded by traders?

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Danamon

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Obviously because because this pair is not so familiar, it has a very large spread value, and has less attractive movements or mlah actually too fluctuating in my opinion
#151 - November 18, 2021, 10:11:10 PM

Nalini

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I don't know the cause. Why But what is certain is that when I've used exotic currency pairs but I'm not happy, where the movement is quite slow and can't move according to what I want it takes too long so I decided to use major currency pairs.
#152 - November 20, 2021, 04:01:52 AM

Rino

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For me, trading in exotic pairs requires a good mentality, because the range of movement is very large in several pairs and it certainly makes the risk bigger
#153 - November 22, 2021, 07:33:09 AM

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Why are Exotic Pairs rarely traded by traders? in General Forex Discussion_6803a6c52eb12
#154 - Today at 08:06:28 AM

Manora

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Exotic currency pairs are indeed fewer when traded, they use major currency pairs rather than exotics and maybe the reason is that the movements are not too significant and there are rarely fans, making the movements slow.
#154 - November 26, 2021, 05:32:50 AM

ngetik

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Exotic pairs are rarely traded by traders due to the reason that the spread is too wide, so it will take time to get the profit, especially for retail traders whose mode is limited, so large spreads will be very burdensome.
#155 - November 26, 2021, 10:20:43 PM

momot

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why are not many traders interested in exotic pairs because the spreads are so wide. Let's take the example of the EURRUR pair which has a spread of 400
#156 - November 26, 2021, 10:22:07 PM

projoabu

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In general, traders prefer to carry out transactions on major pairs where popularity is indeed more discussed by analysts and market participants globally. Of course when learning to trade for the first time most of the traders will be directed to trade in their favorite currency pairs such as EURUSD, GBPUSD, USDJPY and so on.
#157 - November 26, 2021, 10:23:07 PM

Iqra

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I don't know the real reason for what but what is clear is that when exotic currency pairs are currency pairs that are not much in demand because they are less agile in moving and that's true.
#158 - November 29, 2021, 06:36:04 PM

Purindra

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Maybe it's because exotic currency pairs don't have too many fans because they might be foreign to all, both professionals and beginners, but some are still trading them and I appreciate that so that all currency pairs in the world continue to run, not just currency pairs. main.
#159 - December 01, 2021, 12:38:48 AM

Purindra

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What is effective is the main currency pairs. When you use exotic currency pairs, in my opinion, it is less effective because the movements are not slow enough accompanied by sudden movements up and down.
#160 - December 10, 2021, 09:22:48 AM

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#161 - Today at 08:06:28 AM

ngantok

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So far, I have never traded exotix currency because this currency has a wide spread. we better trade the major currencies.
#161 - December 10, 2021, 10:36:35 PM

Budnga

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the use of exotic currency pairs should not be careless because exotic currency pairs are currency pairs which are actually quite confusing for us to analyze because there is no practical way in this case to do the analysis, so instead of confused you are better off using a pair main currency only
#162 - December 10, 2021, 10:38:05 PM

Nike

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What I do know is that when you use exotic currency pairs and I myself also experience that exotic currency pairs are slower and cannot be used for the long term because there is no supply and demand movement there.
#163 - December 12, 2021, 03:14:18 AM

kepala25

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I see the exitic pair is less attractive because the spread is also wide. if I myself prefer trading in major currency pairs
#164 - January 16, 2022, 06:12:53 AM

Manora

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what I know is that exotic currency pairs are used for trading, therefore the rating activity there is very weak, their trading volume is very weak, but when you use them it doesn't matter maybe you want to explore
#165 - January 17, 2022, 05:36:03 AM
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