T
🧱 Basics·beginner

Major Pair

Also called: majors, major currency pair

Any forex pair that includes the US dollar and one other top-tier global currency — the most liquid pairs in the world.

Major pairs are the seven biggest, most-traded forex pairs in the world. They all include USD on one side and a major reserve currency on the other: EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, USD/CAD, and NZD/USD. These seven pairs account for about 75% of all forex volume. Majors have the tightest spreads (often under 1 pip), the deepest liquidity, the smoothest charts, and the most reliable technical setups. They're also the easiest pairs to find news and analysis on — every central bank decision, every CPI release, every NFP shows up in some combination of majors. If you're just starting out, you should be trading majors. Period. The reason isn't "because pros say so" — it's because spreads are 5-10x cheaper than exotics, slippage is minimal, and there's enough volume that your tiny order gets filled exactly where you want it.
Real trade example

EUR/USD's 2024 daily range averaged 65 pips. A trader risking 20 pips per setup with a 2:1 reward had room for 3 full setups every single day without ever needing exotics.

Related terms