Forex Quiz

Basic Forex Quiz

Welcome to our Forex Basics

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According to the bank for International settlements, how much volume in Forex transactions are made daily?

How much has the average trading volume in Forex changed since 2007?

A trader thinks the US Dollar is going to gain and wants to buy the US Dollar whilst selling the Euro. What trade would they make?

Which of these countries currencies is incorrect?

Which of these currency pairs below is considered a cross pair?

Going Short means that you will hold a trade for less than a day?

Leverage is a tool that enables a trader to increase their market exposure to a level much higher than their actual investment?

A trader has £20000 in their account and decides to go short 100K in the USDGBP. What is the traders effective leverage on this trade?