Are you qualified to trade?
Forex Trading Qualification Quiz
Are you ready to test your knowledge of the foreign exchange market? This quiz is designed to help you assess your understanding of forex trading fundamentals and the concepts necessary for success in this dynamic financial landscape.
- 8 engaging questions
- Immediate feedback on your answers
- Boost your trading knowledge
The foreign exchange (forex) market is a global market that allows you to trade ONE currency pair against another currency pair.
True
False
What is the largest financial market in the world?
Options Market
Stock Market
Forex Market
Bank of Canada (BoC) announced that it would cut interest rates. Will USD/CAD go up or down?
Up
Down
Do forex scams exist?
Nope, but unicorns do.
Nope - regulatory agencies will kick their scamming butts.
Yes! Don't give your money to strangers!
In a bull market, a ____ level is an area that price has difficulty breaking through to the downside.
Retracement
Resistance
Support
When price breaks through a resistance level, it could potentially become...
Price never breaks through resistance
Insignificant
A support level
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