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What is meant by majors and minors?
ОглавлениеThe most important currencies are summarized under Majors, which are also described above. Minors are those currencies which are not traded at the same frequency or to the same extent as majors. These include the Mexican Peso (MXN); the Russian Rouble (RBL) or the South African Rand (ZAR).
Beginners or novices in Forex trading should start by focusing on the majors. The currency rates of the minors are subject to greater fluctuations and are something for advanced people or experts.
