Absolutely. Every newbie must start with it and master it before move to the others. 
For beginners, the best pair I would suggest is the EURUSD currency pair since it’s easy to predict, and due to its high volatility, beginners can make consistent profit with a good strategy and trading conditions.
EURUSD is a good start, like all the other major pairs. They wouldn’t be popular if they would be very complex. Then again, they are also quite the volatile ones. That’s why a good idea to start from is a demo account. You’ll understand more about the movement of a particular pair. Then again, maybe you’ll find exotic pairs more interesting, it really depends. Like it was said before, the start should be for a long run, until you understand the way the pairs move around.
Each pair has its challenges. Don’t let anyone tell you that a certain pair is predictable, because that is simply untrue.
Some pairs are more volatile and require a wider SL. Some have wider spreads and require much more margin (like exotics), but you can check with your broker on this because it varies depending on your broker and your country.
IMO it’s a personal preference and not a question you’re going to really get a clear answer on.
I’ve been trading 3 years and I still couldn’t tell you what my favorite pair is to trade.
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Hi @shengen4free,
I’ve never limited myself, except for exotics. I used to trade them but the spreads are too high and they require too much margin on your account for the most part.
If you have a strategy that uses longer time-frames like daily or 4-hour, then you can keep a wider SL and not have to worry about which pairs to trade or getting taken out by volatility.
You also want to limit your trades to just 3 or 4 pairs to avoid too much correlation. For example if you trade AUDUSD and NZDUSD you are overexposing yourself because these 2 pairs typically move in tandem. Or, if you’re trading AUDUSD and USDCAD at the same time and big news hits the US, then you could get whipsawed out of both positions.
Huh, never thought about tandem pairs. Thanks for the tip!
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The best pair for beginners is mostly the EURUSD, and many traders also believe that the EURUSD is easy to predict and keep track of and the other reason is because of its high volatility.
It is better if we go with common pairs such as EURUSD. GBPUSD, EURJPY, USDJPY, AUDUSD, USDCHF etc. They usually have more liquidity and brokers charge less spread to trade on them.
the best is to trade on a Major like EURUSD, USDJPY etc as there is more liquidity in such pairs and less volatility which makes it little easier for the new traders as compare to other pairs.
The best currency pair to trade for beginners is EURUSD because it is volatile and straightforward to predict when compared to other pairs.
From my own experience, I can say that everything here does not depend on the pair, but more on the trader himself. Naturally, the more attentive a trader is, the greater the likelihood of success.
I suggest trading with pairs that are predictable with suitable strategy and money management skills.
And major pairs like EURUSD or GBPUSD are mostly suitable for it; mostly, the EURUSD is a good choice because of its volatility.
I believe that everything here depends on the preferences of the trader. Everything is quite simple - where a trader has experience, it can give him a good profit.
GBPUSD and EURUSD are good pairs to start with.
EUR/USD is my go-to and a good option for beginners
I was trading EUR/USD a lot as a newbie and I actually think it was a bad idea. It was too volatile for me to react on time.
I suggest trading with any major pair because they are volatile and easily predictable if you pick the right time frame with a good strategy.
I’ve been advised EUR/USD or GBP/USD to start with. I’m going with GBP/USD as a focus but I’m in the UK
What are the best currency pairs to trade? I think you need to choose the most liquid ones. These include: EUR / USD, GBP / USD, USD / JPY. These are the best scalping currency pairs most popular with large investors. There are always up-to-date statistics on them, updated online, and the largest volumes of transactions are made on them.