Is it better to avoid Exotic currency pairs? Why?

i never trade exotic currency pair, because i found them very volatile most of the time, i think traders should focus only on major.

 

The market trends are changing rapidly and exotic pairs are very volatile and lack stability so it could be risky to go for minor pair initially.

 

i just trade exotic pairs in demo to see the performance how it works.

 

you approach is risk free but very supportive to make sure live trading knowledge and experience , appreciate

 

Since exotic pairs are less volatile than major pairs and very few traders use them to place profitable trades, I would stay away from them.

 

You mean more volatile, right?

 

you can trade any exotic pairs in demo to see the performance how it works , this is really a good approach

 

Yes. But that doesn’t mean it will turn out the same when trading live. I prefer to avoid them.

 

I never trade exotic currency pairs since I generally find them to be quite volatile, and I believe traders should only concentrate on the main.

 

If you are new to trading, stick with major pairs only. Exotic pairs are quite unstable and have higher spreads, which can be costly for some traders.