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Best Currency Pairs to Trade for Beginners

Forex is a financial market where currencies are bought and sold to make a profit. Trading in the Forex market is done in pairs, each consisting of two currencies. Beginners often struggle to know which pairs are best to trade, which can result in losses. To help beginner traders, FBS analysts reviewed the most traded Forex pairs according to three criteria:

Such an approach allowed us to identify the five best pairs to trade Forex.

Top 5 Forex pairs to trade for beginners


EURUSD is one of the most traded currency pairs in the Forex market.

An interesting fact: The euro is the youngest currency in our article. It appeared on January 1, 1999, and was initially known as an “invisible” currency, used only for accounting purposes and electronic payments. Coins and banknotes were introduced on January 1, 2002.


GBPUSD is another best currency to trade for beginners.


USDJPY, also known as the “Gopher,” is another most traded Forex pair particularly suitable for beginners.


In our list, USDCHF is also the best currency to trade for beginners.

An interesting fact: USDCHF has an inverse correlation (negative correlation) to other currency pairs such as EURUSD and GBPUSD. This means that when these pairs decline, USDCHF tends to rise. As a result, traders can use these correlations to diversify their portfolios.


USDCAD is also considered one of the Forex best pairs to trade. With the right trading approach, beginners might benefit from this pair.

Final thoughts

Overall, the combination of high liquidity, relatively low volatility, and tight spreads make the listed pairs beneficial for beginner traders. All five described currency pairs are widely available on most Forex trading platforms. This makes it easy for traders to access and trade the pair from anywhere in the world.

Due to the pairs’ popularity, there is a wealth of information on them, including news, analysis, and trading strategies. These factors help traders make informed decisions and stay up-to-date on market developments.

In conclusion, it is vital to keep in mind that trading any currency pair involves risk, and traders of any level should always have a solid trading plan and use proper risk management techniques to protect their capital and minimize potential losses. Whether you are new to trading or a seasoned pro, FBS can cover your experience with a wide range of account types. Choose the account type that best fits your needs, and start trading with FBS today.


This is for informational purposes only and does not contain — or to be considered as containing — investment advice, suggestion or recommendation for trading.


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