What are the forex currency pairs that usually have low spread (2 PIPS or less)?

[raj raju]

The spread is the difference between the bid and asking price. You will note while trading the currency market that there will also be a difference between the current value of the currency and what you pay for it. That is where the forex brokers makes his profit. That is why they can offer you a forex account for free without any fees. Let's say the current EUR/USD price is 1.27237 and your forex brokers has a 2 pip spread, then you will pay 1.2739 when you buy. You will also note that the spread is lower on the more popular currency pairs like EUR/USD, USD/JPY, EUR/JPY etc. If you go for a non popular currency pair like USD/ZAR you can easily end up paying a 250 pip spread. That means that you will have to win 250 pips before you even brake even.

[mokas]

i think that forex pairs that usually have low spread are EUR-USD and GBP-USD, but it is depend the broker may be other pairs are again low by contribution other brokres

[sapna]

Spread the stable to my knowledge only for the pair EUR / USD. As far as I spread is determined by each broker. That's different from one broker to another. And instaforex is a broker with a relatively stable spread

[skboyra]

you can use the any currency for low spread or for the scalping. all the broker house support the low spread basically in the major currency. you can choose any one the forex currency for low spread but scalping is very hard and it is also very risky.

[fizmhd]

the spread of currency paris is different from broker to broker ... its depending on them ..
the broker ie exness which i use give me spread from 0.03 - 1.8 and not more ...
and 4xp ofers 1pip ... for eur usd ...
and etoro ..its 3pip ...

[rasel]

generally the major pairs have low spreads. EUR-USD amd GBP-USD are the preferred choice of currencies for millions of traders worldwide and generally these two currencies have 1-2 pips in mos t of the brokers. In instaforex the spread for these currencies 3 pips.

[siki]

Hey dude choose the effective currency pair is most important in forex trading. cause forex is the currency trading business. In my view GBP/JPY is best and safe currency pair for trading in forex cause the market always move to good of this currency pair.

[yum]

instaforex does not have any pair that is having the spread lesser than the 2 as the minimum spred that the insta forex is providing is the 3 and then above as the broker is having oun policy

[zulqurnaine]

Mostly traders offer low spreads in major currency pairs. In insta forex the spread for these currencies is in 3 pips.

[osakwe]

as much as i know, the major curreencies have a very low spread rate when applied to instaforex. the lowest spread on instaforex is 3 pips charged mostly on eurusd, gbpusd and others.