Forex Pairs

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Forex Pairs Trading Conditions

Symbol Minimum Spread Average Spread Pip Value Min price movement Contract Value
AUDCAD
Australian Dollar vs Canadian Dollar
1.5 1.77 7.15 0.00001 100000 USD
AUDCHF
Australian Dollar vs Swiss Franc
1.5 1.89 12.58 0.00001 100000 USD
AUDJPY
Australian Dollar vs Japanese Yen
1.6 1.93 6.54 0.001 100000 USD
AUDNZD
Australian Dollar vs New Zealand Dollar
1.5 1.86 5.77 0.00001 100000 USD
AUDUSD
Australian Dollar vs US Dollar
1.1 1.13 10.00 0.00001 100000 USD
CADCHF
Canadian Dollar vs Swiss Franc
1.6 1.75 12.58 0.00001 100000 USD
CADJPY
Canadian Dollar vs Japanese Yen
1.4 1.43 6.54 0.001 100000 USD
CHFJPY
Swiss Franc vs Japanese Yen
2 2.15 6.54 0.001 100000 USD
EURAUD
Euro vs Australian Dollar
1.8 2.56 6.55 0.00001 100000 USD
EURCAD
Euro vs Canadian Dollar
1.7 1.75 7.15 0.00001 100000 USD
EURCHF
Euro vs Swiss Franc
1.3 1.48 12.58 0.00001 100000 USD
EURGBP
Euro vs Great Britain Pound
1.3 1.36 13.33 0.00001 100000 USD
EURJPY
Euro vs Japanese Yen
1.3 1.35 6.54 0.001 100000 USD
EURMXN
Euro vs Mexican Peso
75.4 83.6 0.54 0.00001 100000 USD
EURNOK
Euro vs Norwegian Kroner
105.2 120.7 1.00 0.00001 100000 USD
EURNZD
Euro vs New Zealand Dollar
2 2.12 5.77 0.00001 100000 USD
EURPLN
Euro vs Polish Zloty
31.3 34.5 2.75 0.00001 100000 USD
EURSEK
Euro vs Swedish Krona
36.8 47 1.06 0.00001 100000 USD
EURSGD
Euro vs Singapore Dollar
11.1 13.9 7.71 0.00001 100000 USD
EURTRY
Euro vs Turkish Lira
82.7 91 0.23 0.00001 100000 USD
EURUSD
Euro vs US Dollar
1 1.1 10.00 0.00001 100000 USD
GBPAUD
Great Britain Pound vs Australian Dollar
1.6 1.63 6.55 0.00001 100000 USD
GBPCAD
Great Britain Pound vs Canadian Dollar
2 2.35 7.15 0.00001 100000 USD
GBPCHF
Great Britain Pound vs Swiss Franc
1.7 1.75 12.58 0.00001 100000 USD
GBPJPY
Great Britain Pound vs Japanese Yen
1.6 1.76 6.54 0.001 100000 USD
GBPNOK
British Pound vs Norwegian Kroner
138.3 150.2 1.00 0.00001 100000 USD
GBPNZD
Great Britain Pound vs New Zealand Dolla
1.9 1.95 5.77 0.00001 100000 USD
GBPSEK
British Pound vs Swedish Krona
53.6 59.1 1.06 0.00001 100000 USD
GBPSGD
British Pound vs Singapore Dollar
11.8 11.5 7.71 0.00001 100000 USD
GBPUSD
Great Britain Pound vs US Dollar
1.2 1.25 10.00 0.00001 100000 USD
GBPZAR
British Pound vs South African Rand
19 21.1 0.58 0.00001 100000 USD
NOKSEK
Norwegian Kroner vs Swedish Krona
13.5 14.4 1.06 0.00001 100000 USD
NZDCAD
New Zealand Dollar vs CAD
1.2 1.64 7.15 0.00001 100000 USD
NZDCHF
New Zealand Dollar vs Swiss Franc
1.5 1.62 12.58 0.00001 100000 USD
NZDJPY
New Zealand Dollar vs Japanese Yen
1.7 2.2 6.54 0.001 100000 USD
NZDUSD
New Zealand Dollar vs US Dollar
1.2 1.23 10.00 0.00001 100000 USD
USDCAD
US Dollar vs Canadian Dollar
1.1 1.25 7.15 0.00001 100000 USD
USDCHF
United States Dollar vs Swiss Franc
1.3 1.51 12.58 0.00001 100000 USD
USDCNH
United States Dollar vs Chinese RMB
11.8 13 1.40 0.00001 100000 USD
USDHKD
United States Dollar vs Hong Kong Dollar
11.4 14.4 1.28 0.00001 100000 USD
USDJPY
US Dollar vs Japanese Yen
1.1 1.14 6.54 0.001 100000 USD
USDMXN
United States Dollar vs Mexican Peso
49.6 68.4 0.54 0.00001 100000 USD
USDNOK
United States Dollar vs Norwegian Kroner
96.5 108.5 1.00 0.00001 100000 USD
USDPLN
United States Dollar vs Polish Zloty
17.1 21.4 2.75 0.00001 100000 USD
USDSEK
United States Dollar vs Swedish Krona
29.6 31.7 1.06 0.00001 100000 USD
USDSGD
United States Dollar vs Singapore Dollar
10.5 11.44 7.71 0.00001 100000 USD
USDTRY
United States Dollar vs Turkish Lira
56 71.6 0.23 0.00001 100000 USD
USDZAR
United States Dollar vs South African Ra
69.6 76.9 0.58 0.00001 100000 USD
Symbol Minimum Spread Average Spread Pip Value Min price movement Contract Value
AUDCAD
Australian Dollar vs Canadian Dollar
0.5 0.52 7.15 0.00001 100000 USD
AUDCHF
Australian Dollar vs Swiss Franc
0.5 0.58 12.58 0.00001 100000 USD
AUDJPY
Australian Dollar vs Japanese Yen
0.6 0.88 6.54 0.001 100000 USD
AUDNZD
Australian Dollar vs New Zealand Dollar
0.5 0.58 5.77 0.00001 100000 USD
AUDUSD
Australian Dollar vs US Dollar
0.1 0.13 10.00 0.00001 100000 USD
CADCHF
Canadian Dollar vs Swiss Franc
0.6 0.65 12.58 0.00001 100000 USD
CADJPY
Canadian Dollar vs Japanese Yen
0.4 0.44 6.54 0.001 100000 USD
CHFJPY
Swiss Franc vs Japanese Yen
1 1.21 6.54 0.001 100000 USD
EURAUD
Euro vs Australian Dollar
0.8 1.02 6.55 0.00001 100000 USD
EURCAD
Euro vs Canadian Dollar
0.7 0.75 7.15 0.00001 100000 USD
EURCHF
Euro vs Swiss Franc
0.3 0.32 12.58 0.00001 100000 USD
EURGBP
Euro vs Great Britain Pound
0.3 0.35 13.33 0.00001 100000 USD
EURJPY
Euro vs Japanese Yen
0.3 0.34 6.54 0.001 100000 USD
EURMXN
Euro vs Mexican Peso
74.7 78.4 0.54 0.00001 100000 USD
EURNOK
Euro vs Norwegian Kroner
101.4 119.9 1.00 0.00001 100000 USD
EURNZD
Euro vs New Zealand Dollar
1 1.02 5.77 0.00001 100000 USD
EURPLN
Euro vs Polish Zloty
32.3 33.5 2.75 0.00001 100000 USD
EURSEK
Euro vs Swedish Krona
29.7 35.9 1.06 0.00001 100000 USD
EURSGD
Euro vs Singapore Dollar
10.8 11.7 7.71 0.00001 100000 USD
EURTRY
Euro vs Turkish Lira
69.6 76.2 0.23 0.00001 100000 USD
EURUSD
Euro vs US Dollar
0 0.1 10.00 0.00001 100000 USD
GBPAUD
Great Britain Pound vs Australian Dollar
0.6 0.65 6.55 0.00001 100000 USD
GBPCAD
Great Britain Pound vs Canadian Dollar
1 1.25 7.15 0.00001 100000 USD
GBPCHF
Great Britain Pound vs Swiss Franc
1 1.08 12.58 0.00001 100000 USD
GBPJPY
Great Britain Pound vs Japanese Yen
0.6 0.63 6.54 0.001 100000 USD
GBPNOK
British Pound vs Norwegian Kroner
136.7 147.6 1.00 0.00001 100000 USD
GBPNZD
Great Britain Pound vs New Zealand Dolla
0.9 0.95 5.77 0.00001 100000 USD
GBPSEK
British Pound vs Swedish Krona
53.4 56.2 1.06 0.00001 100000 USD
GBPSGD
British Pound vs Singapore Dollar
11.5 14 7.71 0.00001 100000 USD
GBPUSD
Great Britain Pound vs US Dollar
0.2 0.25 10.00 0.00001 100000 USD
GBPZAR
British Pound vs South African Rand
15.3 17.2 0.58 0.00001 100000 USD
NOKSEK
Norwegian Kroner vs Swedish Krona
13.1 13.9 1.06 0.00001 100000 USD
NZDCAD
New Zealand Dollar vs CAD
0.2 0.24 7.15 0.00001 100000 USD
NZDCHF
New Zealand Dollar vs Swiss Franc
0.5 0.56 12.58 0.00001 100000 USD
NZDJPY
New Zealand Dollar vs Japanese Yen
0.7 0.82 6.54 0.001 100000 USD
NZDUSD
New Zealand Dollar vs US Dollar
0.2 0.25 10.00 0.00001 100000 USD
USDCAD
US Dollar vs Canadian Dollar
0.1 0.13 7.15 0.00001 100000 USD
USDCHF
United States Dollar vs Swiss Franc
0.3 0.44 12.58 0.00001 100000 USD
USDCNH
United States Dollar vs Chinese RMB
11.5 12.1 1.40 0.00001 100000 USD
USDHKD
United States Dollar vs Hong Kong Dollar
11.3 11.7 1.28 0.00001 100000 USD
USDJPY
US Dollar vs Japanese Yen
0.1 0.13 6.54 0.001 100000 USD
USDMXN
United States Dollar vs Mexican Peso
49.6 68.4 0.54 0.00001 100000 USD
USDNOK
United States Dollar vs Norwegian Kroner
94.4 101.3 1.00 0.00001 100000 USD
USDPLN
United States Dollar vs Polish Zloty
16.2 20.1 2.75 0.00001 100000 USD
USDSEK
United States Dollar vs Swedish Krona
27.4 27.7 1.06 0.00001 100000 USD
USDSGD
United States Dollar vs Singapore Dollar
10.4 10.81 7.71 0.00001 100000 USD
USDTRY
United States Dollar vs Turkish Lira
31.4 38.2 0.23 0.00001 100000 USD
USDZAR
United States Dollar vs South African Ra
62.9 70.4 0.58 0.00001 100000 USD
Symbol Minimum Spread Average Spread Pip Value Min price movement Contract Value
AUDCAD
Australian Dollar vs Canadian Dollar
0.5 0.51 7.15 0.00001 100000 USD
AUDCHF
Australian Dollar vs Swiss Franc
0.5 0.55 12.58 0.00001 100000 USD
AUDJPY
Australian Dollar vs Japanese Yen
0.6 0.78 6.54 0.001 100000 USD
AUDNZD
Australian Dollar vs New Zealand Dollar
0.5 0.55 5.77 0.00001 100000 USD
AUDUSD
Australian Dollar vs US Dollar
0.1 0.12 10.00 0.00001 100000 USD
CADCHF
Canadian Dollar vs Swiss Franc
0.6 0.63 12.58 0.00001 100000 USD
CADJPY
Canadian Dollar vs Japanese Yen
0.4 0.42 6.54 0.001 100000 USD
CHFJPY
Swiss Franc vs Japanese Yen
1 1.12 6.54 0.001 100000 USD
EURAUD
Euro vs Australian Dollar
0.8 0.95 6.55 0.00001 100000 USD
EURCAD
Euro vs Canadian Dollar
0.7 0.72 7.15 0.00001 100000 USD
EURCHF
Euro vs Swiss Franc
0.3 0.35 12.58 0.00001 100000 USD
EURGBP
Euro vs Great Britain Pound
0.3 0.32 13.33 0.00001 100000 USD
EURJPY
Euro vs Japanese Yen
0.3 0.32 6.54 0.001 100000 USD
EURMXN
Euro vs Mexican Peso
74.7 78.4 0.54 0.00001 100000 USD
EURNOK
Euro vs Norwegian Kroner
101.4 119.9 1.00 0.00001 100000 USD
EURNZD
Euro vs New Zealand Dollar
1 1.01 5.77 0.00001 100000 USD
EURPLN
Euro vs Polish Zloty
32.3 33.5 2.75 0.00001 100000 USD
EURSEK
Euro vs Swedish Krona
29.7 35.9 1.06 0.00001 100000 USD
EURSGD
Euro vs Singapore Dollar
10.8 11.7 7.71 0.00001 100000 USD
EURTRY
Euro vs Turkish Lira
69.6 76.1 0.23 0.00001 100000 USD
EURUSD
Euro vs US Dollar
0 0.1 10.00 0.00001 100000 USD
GBPAUD
Great Britain Pound vs Australian Dollar
0.6 0.62 6.55 0.00001 100000 USD
GBPCAD
Great Britain Pound vs Canadian Dollar
1 1.15 7.15 0.00001 100000 USD
GBPCHF
Great Britain Pound vs Swiss Franc
1 1.06 12.58 0.00001 100000 USD
GBPJPY
Great Britain Pound vs Japanese Yen
0.6 0.62 6.54 0.001 100000 USD
GBPNOK
British Pound vs Norwegian Kroner
136.7 147.6 1.00 0.00001 100000 USD
GBPNZD
Great Britain Pound vs New Zealand Dolla
0.9 0.92 5.77 0.00001 100000 USD
GBPSEK
British Pound vs Swedish Krona
53.4 56.2 1.06 0.00001 100000 USD
GBPSGD
British Pound vs Singapore Dollar
11.5 14 7.71 0.00001 100000 USD
GBPUSD
Great Britain Pound vs US Dollar
0.2 0.22 10.00 0.00001 100000 USD
GBPZAR
British Pound vs South African Rand
15.3 16.7 0.58 0.00001 100000 USD
NOKSEK
Norwegian Kroner vs Swedish Krona
13.1 13.9 1.06 0.00001 100000 USD
NZDCAD
New Zealand Dollar vs CAD
0.2 0.22 7.15 0.00001 100000 USD
NZDCHF
New Zealand Dollar vs Swiss Franc
0.5 0.53 12.58 0.00001 100000 USD
NZDJPY
New Zealand Dollar vs Japanese Yen
0.7 0.82 6.54 0.001 100000 USD
NZDUSD
New Zealand Dollar vs US Dollar
0.2 0.22 10.00 0.00001 100000 USD
USDCAD
US Dollar vs Canadian Dollar
0.1 0.12 7.15 0.00001 100000 USD
USDCHF
United States Dollar vs Swiss Franc
0.3 0.42 12.58 0.00001 100000 USD
USDCNH
United States Dollar vs Chinese RMB
11.5 12.1 1.40 0.00001 100000 USD
USDHKD
United States Dollar vs Hong Kong Dollar
11.3 11.7 1.28 0.00001 100000 USD
USDJPY
US Dollar vs Japanese Yen
0.1 0.11 6.54 0.001 100000 USD
USDMXN
United States Dollar vs Mexican Peso
49.6 68.4 0.54 0.00001 100000 USD
USDNOK
United States Dollar vs Norwegian Kroner
94.4 101.3 1.00 0.00001 100000 USD
USDPLN
United States Dollar vs Polish Zloty
16.2 20.1 2.75 0.00001 100000 USD
USDSEK
United States Dollar vs Swedish Krona
27.4 27.7 1.06 0.00001 100000 USD
USDSGD
United States Dollar vs Singapore Dollar
10.4 10.81 7.71 0.00001 100000 USD
USDTRY
United States Dollar vs Turkish Lira
31.4 38.1 0.23 0.00001 100000 USD
USDZAR
United States Dollar vs South African Ra
62.9 70.4 0.58 0.00001 100000 USD

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Forex Pairs FAQ

Forex pairs represent the exchange rate between two currencies and are written as a pair of three-letter codes like EUR/USD, with the first currency being the base currency, and the second currency being the quote currency. A forex pair’s exchange rate will show how much of the quote currency can be purchased for one unit of the base currency. For example, if the currency pair EUR/USD is 1.5, then 1.5 US Dollars can be purchased with 1 Euro. During trading hours, as the supply and demand for one currency relative to another fluctuates, so too does the forex pair’s exchange rate.

There is no universal best forex currency pair to trade, as which forex pair is right for any given trader will depend on their trading style, risk tolerance, and knowledge of the market. Major pairs like EUR/USD or USD/JPY are the top forex currency pairs and are ideal choices for most traders, due to their high amounts of liquidity (how easy it is to buy and sell a currency) and tight spreads (the difference between the buy and sell price). Major pairs are often the best forex pairs for beginners, and are the best forex pairs by volume, and the most liquid forex pairs. For traders eager for higher returns and willing to accept a higher degree of risk, minor and exotic pairs often encounter more drastic movement.

The most traded forex pairs are often major pairs, which are forex pairs that consist of the US Dollar coupled with another globally significant currency. Examples of these would be EUR/USD, GBP/USD, and USD/CHF. Major pairs such as these experience high amounts of liquidity and tight spreads, making them an ideal choice for most traders.

There are three categories of forex pairs: major, minor, and exotic. Major pairs consist of the US Dollar together with one other globally significant currency. An example of a major forex pair is EUR/USD, which is the exchange rate between the US Dollar and the Euro. These forex pairs are the most popular forex pairs and experience the highest trading volume. Minor pairs consist of two globally significant currencies without the US Dollar. An example of a minor forex pair is EUR/GBP, which is the exchange rate between the Euro and the British Pound. These forex pairs are less popular than major pairs, but still experience significant trading and liquidity. Exotic pairs combine a major currency together with the currency of an emerging market. An example of an exotic forex pair is USD/TRY, which is the exchange rate between the US Dollar and the Turkish Lira. These forex pairs have less liquidity and are subject to more volatility. Understanding the fundamental differences between these types of forex pairs helps traders make more educated choices regarding their trading strategy.

EC Markets is a thoroughly-regulated world-class brokerage that offers ideal trading conditions for both experienced and novice traders alike. Why trade forex with EC Markets? Well, when a trader chooses EC Markets, they get access to a large selection of currency pairs, tight spreads, minimal commission, generous leverage, award-winning customer service, and free access to EC Market’s host of trading tools. Without a doubt, EC Markets is your gateway to forex trading!

EC Markets is a thoroughly-regulated world-class brokerage that offers ideal trading conditions for both experienced and novice traders alike. Why trade forex with EC Markets? Well, when a trader chooses EC Markets, they get access to a large selection of currency pairs, tight spreads, minimal commission, generous leverage, award-winning customer service, and free access to EC Market’s host of trading tools. Without a doubt, EC Markets is your gateway to forex trading!

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