Rare trading currency pairs are the pairs consisting of the currencies of developing countries rather than developed and industrialized economies such as major currency pairs.
The following list includes some of the most common exotic currency pairs:
Rare currency pairs are not the best pairs to start trading for aspiring investors, I am so far not trading with it.There are some reasons for being less liquidity compared with the major currency pairs and even intersecting pairs.. This means that there are more risks when using it, which also means that it has a high spread compared with the major currency pairs and intersecting pairs.This rare pairs also are usually much more volatile and less reliable than the major currency pairs and intersecting pairs. And this is due to poor liquidity, as well as the possibility of moving suddenly and quickly or slowly decline.
some advice when trading forex
Remember: remain patient and avoid excessive trading and excessive analysis and also the excessive use of leverage.
Always maintain trading with major currency pairs, and learn trading strategies using price action, and then you will become a successful Forex investor.