For those of you who do not know what BRICS refers to it stands for: Brazil, Russia, India, China and South Africa. Basically what is presumed to be the strongest emerging countries and next global super powers.
Their currencies are traded, but obviously belong to the more exotic currency crosses and some brokers may not even offer them at all give various reasons. Let’s just ignore the fact that you may not have access to any of those five currencies, which one would you prefer to have access to and trade actively?
I like to trade the Brazilian Real followed by the Russian Ruble.