Discover highly-profitable, low spread forex pairs to trade on the global currency market today. Representing the difference between a currency pair’s sell (bid) and buy (ask) price – traders must prioritize low, competitive, and consistent spreads. Of course, trading with low spread forex brokers are significantly impacted by market volatility, economic indicators, geopolitical news, and currency volatility. As a FX beginner yourself, you should understand what low spread pairs to prioritize for low risk and high reward. Read on to learn about low spread FX pairs to trade on the global currency market.
EUR/USD: Overall Lowest Spread
EUR/USD remains one of the lowest spread FX pairs to trade on the international currency market. Overall, this is one of the most widely-recognized and traded forex pair – originating from two of the most trusted, established, and largest global economies. To trade this pair, you can choose lowest EURUSD spread broker. AvaTrade forex pairs for beginners allows you to gain profits from EUR/USD low spread and excellent liquidity.
> Trading EUR/USD, you can leverage low variable spreads – typically ranging from 0.1 to 4 pips.
If you’re using a TradingView forex broker with fixed spreads, you should expect to pay up to 5 pips – prior to commission requirements. In addition to competitive spreads, you can place large volumes of stable, profitable trades with this pair. Certainly, you can expect low overall spreads with the EUR/USD forex pair.
GBP/USD: Consistently Shifting & Evolving Low Spread
If you’re searching for one of the low spread forex pairs for scalping, consider trading GBP/USD. Employing tactical FX trading strategies, you can profit up to 2.0% daily with this pair. Renowned for major price movements, this pair can yield significant earnings – especially when combined with a strong foundation, competitive spreads, and liquid market.
> Including commissions, you should expect variable spreads ranging from 0.3 to 2.7 pips with GBP/USD.
Plus, lower overall spreads minimize your potential daily losses. Surely, trade with the GBP/USD forex pair to access low, constantly-shifting, and ever-evolving spreads.
USD/JPY: Low Spreads With Predictable Fluctuations
USD/JPY is another low spread forex pair that stands out for high-stability and predictable price movements. Japan’s Central Bank strategically buys and sells currency to manage exchange rate volatility – creating a competitive export market for FX traders.
> If you execute orders at the right time, you can leverage minimum spreads starting at 0.005 points – with a 1% margin and 13.5% daily trading volume.
Informally known as the gopher, this low spread FX pair empowers you to capitalize on commercial competition from global technology and eCommerce industries. Overall, prioritize USD/JPY pairs to capitalize on regular and predictable market fluctuations. Definitely, consider a low or no spread forex broker to trade the USD/JPY pair.
USD/CHF: Highly Liquid With Large Trading Volume
While slightly less popular, USD/CHF is another low spread forex pair to start trading today. Trading USD/CHF, you should expect average spreads of 0.9 pips. Competitive trading spreads are attributed to high liquidity and significant trading volume. Prioritize these low spread pairs when economic or geopolitical instability is anticipated. After all, Switzerland (CHF) historically remains a neutral safe haven during these major global events.
> In addition to competitive spreads, USD/CHF trades can trigger major swings – which you can capitalize on for maximum profits.
Regardless of currency pair, the broker you choose can significantly impact profits – so carefully make an informed decision before you start forex trading in the USA. Definitely, trade low spread USD/CHF forex pairs to benefit from a highly-liquid, powerful financial market.
EUR/AUD: Diversified From US-Focused Securities
EUR/AUD is another low spread forex pair that’s diversified from traditional US-centric securities.
> While this FX pair has higher spreads than other notable markets, you still shouldn’t expect to pay above 5 pips.
Additionally, EUR/AUD earns significant interest from FX speculators – showcasing prominent global economies and international markets. After all, the AUD remains a strong commodity currency with Australia’s position as a major gold exporter. The Euro, on the other hand, remains a highly-stable currency in terms of scope, size, and recognition. Indeed, EUR/AUD is one of the best low spread FX pairs to trade in 2024.
Explore the most profitable, lucrative, and low-spread FX pairs to trade on the global currency market. Overall, EUR/USD remains one of the most popular, widely-recognized, and competitive pairs. Similarly, you can trade GBP/USD to leverage consistently shifting and evolving spreads. On the other hand, USD/JPY offers more predictable, stable, and regular market fluctuations. For a highly-liquid market potential, consider USD/CHF. Or, if you’re looking to diversify from US-focused securities – EUR/AUD might be a profitable pair to consider. Before you start trading, read our in-depth forex brokers review – so you can choose the right partner to explore the markets with. Follow the points above to learn about the best low spread forex pairs to trade on the global currency market.
