Which currency is best for beginners to trade?

[Mdraghib]

Share you thoughts guys which currency is best for beginners?

 

[borzy]

I always recommend starting with EUR/USD and USD/JPY with HFM due to their tight spreads and reliable liquidity Those pairs give you real-time market feedback without excessive slippage or volatility

 

[Mdraghib]

@borzy
I get your point about starting with EUR/USD and USD/JPY they’re definitely popular for a reason. But I think it really depends on the trader’s goals and risk appetite.
Some beginners might actually benefit from exploring slightly more volatile pairs (with proper risk management, of course) because it helps them understand how the market reacts under different conditions. Also, spreads are important, but so is learning how to manage unpredictable moves which the majors don’t always offer.

 

[eleanorkim]

Just stat away from GBPJPY at first, it’s so volatile. Something like EURUSD is much more stable and easier to start with.

 

[borzy]

I learned the hard way to avoid GBP/JPY early on. Trading EUR/USD with HFM during London hours taught me execution and spread discipline without the whipsaws

 

[Latham]

For beginners, major currency pairs like EUR/USD, GBP/USD, and USD/JPY are ideal. They offer high liquidity, tighter spreads, and abundant educational resources, making them easier to analyze and trade. Avoid exotic pairs initially, as they can be highly volatile with wider spreads. Starting with majors helps build experience, understand market behavior, and manage risk more effectively before exploring complex or volatile pairs.

 

[papaya_financial]

For beginners, it’s best to start with major currency pairs like EURUSD, GBPUSD, or USDJPY. These pairs have high liquidity, tight spreads, and smoother price movements, which makes them easier to analyze and trade. Avoid exotic pairs at the start since they tend to be more volatile and expensive to trade. I usually study setups on EURUSD using the Valetax Analysis Center because it gives clear insights and reliable data for learning market behavior.

 

[borzy]

EURUSD taught me structure - tight spreads + deep liquidity make execution cleaner. I avoided GBPJPY until my journal showed I could handle the noise; majors during London hours let me focus on one playbook before branching out