Explore the essentials of Forex trading with our guide on major, minor, and exotic currency pairs, tailored for both beginners and seasoned traders.

2. Learn about Forex trading with a focus on different
currency pair types
fxlotus.com
Forex trading, or foreign exchange trading, is about
exchanging different currencies. It's a global market
where traders buy and sell currency pairs.
Understanding these pairs is crucial for successful
trading.

3. Major Forex Pairs
fxlotus.com
1. EUR/USD – Euro/US dollar
2. USD/JPY – US dollar/Japanese yen
3. GBP/USD – British pound/US dollar
4. USD/CHF – US dollar/Swiss franc
5. AUD/USD – Australian dollar/US dollar
6. USD/CAD – US dollar/Canadian dollar
7. NZD/USD – New Zealand dollar/US dollar

4. Minor Forex Pairs
fxlotus.com
1. EUR/GBP – Euro/British pound
2. EUR/CHF – Euro/Swiss franc
3. EUR/JPY – Euro/Japanese yen
4. GBP/JPY – British pound/Japanese yen
5. CHF/JPY – Swiss franc/Japanese yen
6. AUD/JPY – Australian dollar/Japanese yen
7. CAD/JPY – Canadian dollar/Japanese yen
8. NZD/JPY – New Zealand dollar/Japanese yen

5. Exotic Forex Pairs
fxlotus.com
1. EUR/TRY – Euro/Turkish lira
2. USD/TRY – US dollar/Turkish lira
3. USD/MXN – US dollar/Mexican peso
4. USD/ZAR – US dollar/South African rand
5. USD/HKD – US dollar/Hong Kong dollar
6. USD/SGD – US dollar/Singapore dollar
7. USD/THB – US dollar/Thai baht
8. USD/SEK – US dollar/Swedish krona

6. Choosing the Right Pairs to Trade
fxlotus.com
With over 2,300 forex pairs available, choosing the right pair can be
daunting. The key is to match the pairs with your trading style and
experience level. Beginners might prefer major pairs for their stability
and lower costs.
Conclusion
Understanding the dynamics of forex pairs is essential in forex trading.
Whether you trade major, minor, or exotic pairs, knowledge about these
pairs will guide your trading decisions.