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Thread: Trading exotic currencies with reliable forex brokers

      
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    Attn Trading exotic currencies with reliable forex brokers

    Trading exotic currencies. Risks? Benefits? Good brokers to trade with? Read our forex review.

    http://www.forexsure.net/services/to...with-fxcm.html

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    Default Re: Trading exotic currencies with reliable forex brokers

    Quote Originally Posted by FX_loser View Post
    Trading exotic currencies. Risks? Benefits? Good brokers to trade with? Read our forex review.

    http://www.forexsure.net/services/to...with-fxcm.html
    First about disadvantages. Exotic currencies are often illiquid, traded in low volumes, tend to be highly volatile and can be expensive to trade because the spreads are usually larger.

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    Default Re: Trading exotic currencies with reliable forex brokers

    Then about advantages. Although exotic currencies can be exceedingly volatile, in the past they have tended to trend for long periods. Identifying a probable trend for an exotic currency early may create the best opportunity for a substantial profit.

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    Default Re: Trading exotic currencies with reliable forex brokers

    FX_loser, you shared some good points in forex review. However, I don't like to trade exotic currency pair. My first priority is major currency pairs.
    http://www.fx-insights.com

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    Default Re: Trading exotic currencies with reliable forex brokers

    Exotic pairs have low volume and also have hogh spread. So I feel no interest on exotic pair. If you any good strategy to trade with exotic pair please share.

 

 

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