Major currency pairs offer higher liquidity and tighter spreads than minor or exotic pairs.

The concentration of trading volume in majors creates deep order books. Bid-ask spreads on EUR/USD, USD/JPY, and GBP/USD typically range from 1 to 5 pips under normal conditions. This reduces transaction costs and allows traders to enter and exit positions with minimal slippage, a critical advantage for both short-term and long-term strategies.