Trading - Beginners
Forex Trading Basics Quiz
Test your knowledge on the fundamentals of Forex trading with this engaging quiz designed for beginners. Whether you’re just starting out or looking to refresh your understanding, this quiz covers essential concepts and terminology in the trading world.
Key Features:
- 10 Questions covering various aspects of Forex trading
- Multiple choice, checkboxes, and ranking questions
- Learn about safe haven currencies, tradeable instruments, and trading strategies
A mini lot is larger than a micro lot.
True
False
Rank the following in terms of trading volume in the Forex market, starting with the highest volume..
EURHKD
USDCAD
USDSGD
EURUSD
Which of the following is not a tradeable instrument?
Palladium
Platinum
Titanium
Coffee
The difference between the bid and ask price is known as the what?
Gap
Comission
Spread
Margin
Which of the following countries have the Dollar as their main currency?
USA
Japan
Switzerland
Hong Kong
New Zealand
Canada
China
Australia
Trades that are opened and closed in the same trading day are known as what?
Swing Trades
Position Trades
Intraday Trades
Scalp Trades
Which of the following statements are true?
It is illegal to trade CFDs in the USA
It is illegal for a non US citizen to trade CFDs in the USA
It is legal for a non-US citizen to trade CFDs in the USA
It is legal to spread bet in America if you declare your winnings
Which of the following is also known as the Dow Jones Industrial Average?
US30
S&P 500
US100
DAX
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