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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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Fin Candy

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I have seen according to my trading experience by and large traders in particularly the newcomers depend on only EURUSD which is mainly considered as a bass currency pair in this market place. but I think for increasing our trading experience very rapidly we the traders have to trade other major currency pair. 
#76 - July 18, 2020, 07:17:23 PM

Unyil77

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because usually the spread is large enough so that most traders are reluctant to trade on these pairs
#77 - May 04, 2021, 12:50:19 AM

Gombloh

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One of the reasons why traders in the world rarely use exotic pairs such as USDMXN or others is because almost every broker in this pair has a large spread so of course it will reduce the probability of profit in trading.
#78 - May 05, 2021, 03:06:26 PM

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Why are Exotic Pairs rarely traded by traders? in General Forex Discussion_6803a6c52eb12
#79 - Today at 05:07:35 AM

Tahajud

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usually because the spread factor is quite large or it could be because the movements are not too attractive so it is not good for trading
#79 - May 09, 2021, 02:37:34 PM

joshgandosh

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it's clear because this pair is a big sanat spread, different from the mahor pair in general
#80 - June 01, 2021, 04:05:27 AM

Metatrader

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This is probably because the water is more difficult to predict and have a big sorre compared to major pairs
#81 - June 04, 2021, 02:06:03 AM

CR7

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probably because he is not yet familiar with the pair, even though there are some pairs that have large movements
#82 - June 06, 2021, 11:55:51 AM

Iw4nN

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This is because when learning to trade, it is rare to immediately know other pairs other than the major pairs that are commonly used
#83 - June 07, 2021, 03:13:50 AM

joshgandosh

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because usually the daily range is quite large so it is too risky and has a fairly large spread value when compared to major pairs in general
#84 - June 15, 2021, 01:05:14 PM

Unyil77

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Because this pair usually the value of the spread is quite large, so once our initial transaction has given a minus value that is quite large, so even a lot of traders are also lazy to trade in pair besides major
#85 - June 17, 2021, 01:01:31 AM

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#86 - Today at 05:07:35 AM

CR7

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maybe because the range of movement is very large so that it creates a big risk too, therefore many traders do not want to trade in pairs like this
#86 - June 18, 2021, 02:45:13 PM

Iw4nN

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what is clear is that this exotic pair has a very large spread when compared to major pairs so people are lazy to trade there
#87 - June 19, 2021, 02:19:29 PM

Torroco

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Maybe because less desirable as a pair that is not too appetizing for traders. But there are also those who trade using exotic pairs, the most important thing is how to trade our system
#88 - June 21, 2021, 07:38:37 PM

tamansari99

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Please note that trading in Exotic pairs has large spreads, which is why many traders avoid trading in Exotic pairs.
#89 - June 22, 2021, 01:10:39 AM

self

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I don't really understand this maybe people tend to trade currency pairs that need to be active like USD GBP jpy and others later I'll try to find out why
#90 - June 22, 2021, 07:10:39 PM
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