Basic Forex Quiz – Learn To Trade Stocks Online

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NameEmailAccordingtothebankforInternationalsettlements,howmuchvolumeinForextransactionsaremadedaily?

47Million4Million4Billion4TrillionHowmuchhastheaveragetradingvolumeinForexchangedsince2007?

aboutthesameasthestockmarket20%higher10%lowerNochangeatallAtraderthinkstheUSDollarisgoingtogainandwantstobuytheUSDollarwhilstsellingtheEuro。

Whattradewouldtheymake?

BuyEURUSDSellEURUSDWhichofthesecountriescurrenciesisincorrect?

Switzserland-CHFUnitedKingdom-GBPUnitedStates-USDJapan-JPNEurozone-EURCanada-CADWhichofthesecurrencypairsbelowisconsideredacrosspair?

USDJPYUSDCHFAUDCADNZDUSDGoingShortmeansthatyouwillholdatradeforlessthanaday?

TrueFalseLeverageisatoolthatenablesatradertoincreasetheirmarketexposuretoalevelmuchhigherthantheiractualinvestment?

TrueFalseAtraderhas£20000intheiraccountanddecidestogoshort100KintheUSDGBP。

Whatisthetraderseffectiveleverageonthistrade?