One who asks a question is a fool for five minutes; one who does not ask a question remains a fool forever.
Chinese Proverb

Forget your password?

AskPips.com

Oops! You can't report this question!

Resolved Question

Show me another

Avatar
EmmyPiu

For a newbie, which currency pair do you think is the best to start with?

over 2 years ago

Report It

Best Answer - Chosen by Asker

Avatar
Dindo

Try to observe the movement of the market and when you think it was the right time go for it. Better choose a pair like USD/JPY or EUR/USD. Because these pair are the stable and reasonable currency in the market.

over 2 years ago

* You must be logged in to add comments. or Join Askpips.com.

Answers (3)

Avatar
JohnnyDo

I recommend you start with USD/JPY because it’s one of the most liquid pair and one with the tightest spread.

over 2 years ago

Avatar
earnmoneyreview

I'm a newbie to trading and also to binary trading, and I have to agree with you and Dindo. From learning through the school of hard knocks, I have found trading USD/JPY and EUR/USD to be relatively easier compared to say: AUD/USD or GBP/USD.

5 months ago

Report it

* You must be logged in to add comments. or Join Askpips.com.

Avatar
DanB3ltran

EUR/USD is much easier but Euro-Zone consists of multiple countries. You still have to work on learning fundamentals.

over 2 years ago

* You must be logged in to add comments. or Join Askpips.com.

Avatar
Manzano

Well basically you really need to analyze and understand very well how the pair moves to become an expert because it could really help you a lot with trading when you know the pace of those currencies.

over 2 years ago

* You must be logged in to add comments. or Join Askpips.com.

Feedback Form