Selecting a forex broker with a wide range of currency pairs is essential for traders looking to diversify their strategies beyond major pairs. A broker offering a broad selection of major, minor, and exotic currency pairs allows traders to capitalise on different market conditions, volatility, and economic trends.

Key Factors to Consider When Choosing a Broker for Currency Pair Variety

1. Number of Available Currency Pairs

A high-quality forex broker should offer a broad range of forex pairs, including:

• Major Pairs – The most liquid and widely traded pairs (e.g., EUR/USD, GBP/USD, USD/JPY, USD/CHF).
• Minor Pairs – Less commonly traded but still liquid (e.g., EUR/GBP, AUD/CAD, GBP/JPY).
• Exotic Pairs – Involve emerging market currencies (e.g., USD/ZAR, EUR/TRY, GBP/MXN).

2. Spreads and Trading Costs

A broker with a large currency selection should also offer competitive spreads, particularly on exotic pairs, which tend to have higher spreads due to lower liquidity.

• Major pairs: Tight spreads (e.g., EUR/USD at 0.0 – 0.5 pips)
• Minor pairs: Slightly wider spreads (e.g., EUR/AUD at 1.0 – 2.5 pips)
• Exotic pairs: Higher spreads (e.g., USD/ZAR at 5.0+ pips)

3. Execution Speed and Liquidity

A broker must offer fast execution and deep liquidity, especially when trading exotic pairs, which can experience slippage.

• ECN or STP brokers provide better execution speeds.
• Low-latency execution reduces price fluctuations and slippage.

4. Leverage on Forex Pairs

Leverage varies depending on the forex pair type and regulatory jurisdiction:

• Major pairs: Often 1:500 (offshore) or 1:30 (regulated jurisdictions).
• Minor pairs: Typically 1:200 – 1:400.
• Exotic pairs: Lower leverage due to high volatility (e.g., 1:50 – 1:200).

5. Trading Platforms and Tools

A broker offering a broad currency selection should also support advanced trading tools for technical and fundamental analysis. Look for:

• MetaTrader 4 (MT4) & MetaTrader 5 (MT5) – Ideal for forex trading.
• cTrader – Great for professional traders with algorithmic trading capabilities.
• Proprietary platforms – Some brokers provide exclusive features tailored for forex trading.

6. Regulation and Fund Security

A reputable broker should be regulated by top-tier financial authorities, such as:

• FCA (UK) – Financial Conduct Authority
• ASIC (Australia) – Australian Securities and Investments Commission
• CySEC (Cyprus) – Cyprus Securities and Exchange Commission
• CFTC & NFA (US) – Commodity Futures Trading Commission & National Futures Association

Regulated brokers offer segregated client accounts, negative balance protection, and fair trading conditions.

Best Forex Brokers Offering the Most Currency Pairs

1. Intertrader

• Over 100 forex pairs, including majors, minors, and exotics.
• FCA-regulated with deep liquidity for institutional-grade execution.
• Tight spreads and ECN execution for competitive trading conditions.

2. TiBiGlobe

• Extensive selection of over 90 currency pairs.
• Regulated by ASIC with STP execution.
• High leverage up to 1:500 for forex trading.

3. Vantage

• Offers 70+ forex pairs, including rare exotic currencies.
• MT4 and MT5 platforms with tight spreads.
• Leverage up to 1:500 for professional traders.

4. AvaTrade

• Wide range of forex pairs with fixed and floating spread accounts.
• Regulated in multiple jurisdictions (FCA, ASIC, CySEC).
• Strong risk management tools and trading resources.

5. Markets.com

• Supports 80+ forex pairs with advanced analytics tools.
• Competitive spreads with a choice of STP or ECN trading.
• Multi-regulated broker with strong fund security.

6. IC Markets

• Over 60 forex pairs, including multiple exotic pairs.
• Raw spread accounts for low-cost forex trading.
• ECN execution model for professional traders.

7. FP Markets

• Offers over 70 forex pairs, including emerging market currencies.
• ASIC-regulated with segregated accounts.
• Fast order execution with low spreads.

8. Eightcap

• Supports a broad range of minor and exotic forex pairs.
• Leverage up to 1:500 for forex trading.
• Integration with TradingView for advanced analysis.

9. HFM (HotForex)

• Over 50 forex pairs, including USD/ZAR and GBP/TRY.
• FSCA, FCA, and CySEC-regulated.
• Negative balance protection and flexible leverage options.

10. RoboForex

• More than 80 forex pairs with flexible trading conditions.
• High leverage (up to 1:2000) available for pro traders.
• Multiple account types, including copy trading accounts.

11. Pepperstone

• Over 60 forex pairs with institutional-grade pricing.
• Regulated by FCA, ASIC, and CySEC.
• Low-cost ECN trading model with deep liquidity.

12. Tickmill

• Supports over 70 forex pairs, including exotic pairs.
• ECN broker with no requotes and fast execution.
• Tight spreads and no dealing desk intervention.

13. Admiral Markets (Admirals)

• Over 80 forex pairs with MT4 and MT5 integration.
• FCA, ASIC, and CySEC-regulated for added security.
• Competitive leverage and spread options.

14. FXTM

• Wide selection of 60+ forex pairs with strong risk management tools.
• Negative balance protection and professional leverage options.
• MT4 and MT5 platforms for automated and manual trading.

15. XM

• Access to over 55 forex pairs, including many minor pairs.
• Low spreads and leverage up to 1:888 for professional traders.
• Strong regulatory framework with multiple global licenses.

Final Thoughts

When choosing a forex broker for currency pair variety, consider the number of available forex pairs, spreads, execution speed, and leverage options. Brokers like Intertrader, TiBiGlobe, Vantage, AvaTrade, and Markets.com provide excellent options for traders who want a broad selection of forex pairs.

For traders interested in exotic and minor pairs, selecting a broker with deep liquidity, low spreads, and fast execution is crucial to avoid slippage and high trading costs. Always choose a regulated broker to ensure fund security and fair trading conditions.