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With a small account there comes a responsibility to keep it safe from losses and grow it bigger. Using major pairs will be considered safer in such situations as they have high liquidity and higher chances of timely order execution.
Is EURUSD the only currency pair that is safer to trade with small accounts? Any other currency pair similar to it or suitable for beginner traders even during live trading?
I started with EUR/USD because it is easy to trade and has high liquidity. More than that, EUR/USD accounts for more than 80% of everyday trades. It is also the most preferred choice for beginners, but there are other pairs available as well. However, make sure you choose pairs that have high liquidity and medium volatility. Major pairs make good tradable pairs.
The EURUSD is by far the safest currency pair to make profits from, for a small account. It is a major pair with high liquidity and low exchange rates, thereby offering lower spreads. Any beginner trader has this pair as their target pair.
I am able to say that trading the currency pair EUR/USD is more secure, even when trading with smaller accounts. The spreads and volatility on the EUR/USD pair are both relatively low.
GBPJPY,GBPUSD or EURJPY, EURUSD. From my experience any JPY pair or USD pair really works with small accounts. No crazy spikes on price either unless news
The EURUSD is the best choice for beginners to begin trading the forex market. It has a high trading volume which makes it comparatively safer and less prone to adverse movements. Therefore, it is suitable for small account holders.
In my opinion, the major pairs are the best always. They’re less risky and high in liquidity, which makes it easy to earn profits. EUR/USD is the perfect pair for a beginner to start trading and also for a professional to expand his profits.
In my opinion, the major currency pairs are safer to trade, especially the EURUSD. They are much more profitable in my experience since their volatility is lower and the spreads mostly start from 0.0 pips.
In my opinion, the major currency pairs are safer to trade, especially the EURUSD. They are much more profitable in my experience since their volatility is lower and the spreads mostly start from 0.0 pips.
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