Transitional exam green belt to purple belt

How many hours a day is the forex market open?
8
12
24
Which of the following is true about the futures market?
The futures and equities market offer price certainty or instant trade execution.
Liquidity of the futures market is only a couple of billions away to the liquidity of the forex market.
Overnight markets in futures contracts do exist.
What is the term used to describe the ability to control contract sizes much larger than your deposit?
Leverage
Liquidity
Profit
The stock market is just as liquid as the forex market.
Oh hell naw! They're trillions of dollars apart!
Yeah. Stock market's pretty popular after all...
Which of the following is a disadvantage of the stock market?
Instant execution of market orders
Strong influence from analysts and brokers
No middlemen
Which market has more liquidity - the forex market or the futures market?
Futures
Forex
Neither - they have the same liquidity
In the futures market, your position may be liquidated at a loss bigger than what you had in your account, and you will be liable for any resulting deficit in the account.
False
True
What type of account do forex brokers offer to let you practice trading and build your skills with real-time forex news and charting services?
Micro Account
Demo Account
Standard Account
The following are advantages of trading forex EXCEPT
Guaranteed wins
Leverage
No commissions
True or False: It's impossible to get started in currency trading without a minimum account deposit of at least $1,000.
True
False
0
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