Test your Forex Knowledge

In general, if an interest rate increases the associated currency (1 P)

The lot size is 10,000. The leverage is 100:1. EUR/USD is trading at 1.3900/3902. If you buy 1 lot of EUR/USD, how much margin will you use in terms of U.S. dollar? (1 P)

Which Countries do NOT participate in the EURO? (1 P)

Expansionary monetary policy by the Fed could include: (1 P)

The three major controls of monetary policy are: (1 P)

The US trade deficit and government deficit are financed in large part by governments and institutions from other countries. What is the threat if the dollar continues to slide? (1 P)

If you want to limit your risk exposure a diversified portfolio is best? (1 P)

The Forex Exchange Market is open 24 hours a day? (1 P)

The Forex market is the largest market in the world? (1 P)

The Forex Market is more risky than the Stock Market? (1 P)

The Forex Market trades over 1.5 trillion a day? (1 P)

5 major currencies traded in the forex market are: US Dollar, Japanese Yen, BritishPound, Euro, and the Swiss Franc? (1 P)