Final Exam

Test your knowledge. You need 70% or higher to pass.

📝 20 Questions

🎯 70% to Pass

🔄 Unlimited Retakes

What does Forex stand for?

AForeign exchange BForward exchange CFuture options DFinancial exports

In EUR/USD, which is the base currency?

AUSD BEUR CBoth DNeither

What is a pip for most currency pairs?

A0.1 B0.01 C0.001 D0.0001

A standard lot equals how many units?

A1,000 B10,000 C100,000 D1,000,000

What is leverage?

ABorrowing to control larger positions BA type of order CAn indicator DA currency pair

When is the forex market open?

A9-5 weekdays B24/5 (Sun evening to Fri evening) C24/7 DOnly London hours

Which session has highest volume?

ASydney BTokyo CLondon DEarly morning

What does a Doji indicate?

AStrong trend BMarket indecision CHigh volume DLow volatility

The spread is:

AThe profit you make BDifference between bid and ask CA chart pattern DAn indicator

RSI above 70 suggests:

AOversold BOverbought CNeutral DTrending

What drives currency values long-term?

AOnly charts BInterest rates and economics CRumors only DTime of day

NFP stands for:

ANet Forex Profit BNon-Farm Payrolls CNew Foreign Pairs DNational Finance Policy

How much should you risk per trade?

A10% B1-2% C50% DAll of it

What is a margin call?

APhone from broker BWarning when equity too low CA trade type DAn indicator

Which is NOT a major pair?

AEUR/USD BGBP/USD CEUR/GBP DUSD/JPY

What is a pip worth for a mini lot?

A$0.10 B$1.00 C$10.00 D$100.00

Support broken becomes:

AStronger support BResistance CIrrelevant DA trendline

Best leverage for beginners:

A100:1 B500:1 C10:1 or less D50:1

Which style is best for beginners?

AScalping BDay trading CSwing trading DHFT

Before live trading, you should:

ADemo trade first BUse max leverage CInvest savings DFollow signals blindly

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