Forex Trading Quiz Mock Test: Paper 1

0%
1 votes, 5 avg
1

Stock Market Quizzes

Forex Trading Quiz Mock Test (paper 1)

This is a FREE mock test. Beware of scammers who ask for money to attend this test.

  • Total number of questions: 30
  • Time allotted: 20 minutes
  • Pass Score: 35%
  • Certificate: Yes
  • Random questions: No
  • Do not refresh the page
  • All the best!

1 / 30

1. Which type of currency pairs is known for its potential for significant price movements but carries higher risk due to lower liquidity?

2 / 30

2. What is the primary advantage of trading major currency pairs for Forex traders?

3 / 30

3. Which category of currency pairs typically has the tightest spreads and highest liquidity?

4 / 30

4. Which currency pair involves the Japanese yen (JPY) as the quote currency?

5 / 30

5. In Forex trading, what does the term "synthetic currency pairs" refer to?

6 / 30

6. Which type of currency pairs includes combinations of major currencies, such as EUR/GBP or EUR/AUD?

7 / 30

7. If you trade the EUR/TRY currency pair, which category does it belong to?

8 / 30

8. Which type of currency pairs involves currencies from emerging or smaller economies and is characterized by lower liquidity and higher spreads?

9 / 30

9. In Forex trading, what are "Minor" currency pairs also known as?

10 / 30

10. Which category of currency pairs includes the most frequently traded and widely recognized pairs in the Forex market?

11 / 30

11. What is a "cross currency pair" in Forex?

12 / 30

12. What is a "currency combination" in Forex trading?

13 / 30

13. How is the exchange rate for a currency pair determined in the Forex market?

14 / 30

14. What is the term for the smallest price movement in Forex, typically the last decimal place in an exchange rate?

15 / 30

15. What does the spread represent in Forex trading?

16 / 30

16. What is a currency pair's "ask" price?

17 / 30

17. What is a currency pair's "bid" price?

18 / 30

18. If the EUR/USD exchange rate is 1.1500, what does this mean?

19 / 30

19. What does the exchange rate of a currency pair represent?

20 / 30

20. In a currency pair like EUR/USD, which currency is the base currency?

21 / 30

21. Which major trading session is often referred to as the "powerhouse" session due to its significant trading volume?

22 / 30

22. When do Forex market sessions overlap, creating increased trading activity and higher liquidity?

23 / 30

23. What is the primary currency traded during the Sydney trading session?

24 / 30

24. During which major Forex trading session does the Sydney market operate?

25 / 30

25. What is the primary currency traded during the New York trading session?

26 / 30

26. During which major Forex trading session does the New York market operate?

27 / 30

27. What is the primary currency traded during the London trading session?

28 / 30

28. During which major Forex trading session does the London market operate?

29 / 30

29. What is the primary currency traded during the Tokyo trading session?

30 / 30

30. During which major Forex trading session does the Tokyo market operate?

Please provide accurate information to ensure the delivery of your Achievement Certificate by mail

Your score is

Share your achievement.

LinkedIn Facebook Twitter
0%

Please write your feedback

Thanks for giving your valuable feedback.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top