When we speak about exotic Forex pairs, we mean the pairs that are made with a major currency (USD, EUR, etc.) and a currency of a smaller or developing economy. Even though Forex exotic currencies may carry bigger risks and have lower trading volumes, they may offer greater volatility too. That is why some traders opt for them.
With FBS broker, you can trade exotic currencies like the Turkish Lira, Mexican Peso, South Africa Rand, and more.