Forex Test

1. What does overleveraging mean?

Using too much leverage for account size Using no margin Trading without spreads Avoiding all risk

2. What does Forex stand for?

Foreign Exchange Fixed Exchange Rate Foreign Export Financial Exchange Office

3. What is an exotic currency pair?

A major currency paired with a smaller or emerging-market currency A pair with two stocks A pair that cannot be traded A pair with Bitcoin only

4. In EUR/USD, what is EUR called?

Quote currency Base currency Margin currency Pip currency

5. In EUR/USD, what is USD called?

Spread currency Base currency Quote currency Lot currency

6. Who participates in the Forex market?

Only retail traders Banks, institutions, governments, businesses, and retail traders Only crypto exchanges Only stock companies

7. What is fundamental analysis in Forex?

Only drawing lines on charts Checking crypto wallets Counting social media followers Studying economic factors that affect currency values

8. What is a downtrend?

Price becoming risk-free Price staying at one level Price making lower highs and lower lows Price making higher highs only

9. What is a currency pair?

Two crypto wallets Two currencies traded against each other Two futures contracts Two stocks in one order

10. Why are major pairs popular?

They only trade once a week They usually have high liquidity and lower spreads They are always risk-free They never lose money

11. What does EUR/USD show?

How many U.S. dollars are needed for one euro How many euros are in one dollar only The U.S. stock market The price of gold

12. What does going short mean in Forex?

Holding cash only Opening a savings account Selling a currency pair expecting it to fall Buying a currency pair expecting it to rise

13. What is resistance?

A currency symbol A price area where selling pressure may appear A wallet backup A lot size

14. What is a minor currency pair?

A stock pair A pair of major currencies that does not include USD A crypto pair A pair that includes only USD

15. Why do news events create volatility in Forex?

They stop banks from trading They remove spreads They change expectations about economies and interest rates They make prices fixed

16. What are major currency pairs?

Pairs that include crypto Pairs that include the U.S. dollar and highly traded currencies Pairs with only small countries Pairs that never move

17. What is the bid price?

The broker password The dividend amount The price at which you can sell The price at which you can buy

18. Which of these is a major currency pair?

BTC/ETH Gold/Oil EUR/USD AAPL/MSFT

19. What is a mini lot?

100,000 units of currency 1,000,000 units of currency 10 units of currency 10,000 units of currency

20. Which Forex pairs usually have the highest liquidity?

Major pairs Pairs with no volume Exotic pairs only Unknown pairs

21. What is an uptrend?

Price making lower lows only Price disappearing Price making higher highs and higher lows Price staying flat forever

22. What is a standard lot?

1,000 units of currency 100 units of stock 100,000 units of currency 10 units of currency

23. What is traded in the Forex market?

Currencies Real estate contracts Company shares Crypto wallets

24. What is the ask price?

The price at which you can sell The price at which you can buy The interest rate only The trading session

25. What is a pip?

A company dividend A crypto token A small unit of price movement in Forex A stock certificate