Account types/ CS

Account types/ CS

1st Grade

10 Qs

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Account types/ CS

Account types/ CS

Assessment

Quiz

Professional Development

1st Grade

Practice Problem

Medium

Created by

Exness Trainers

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which account types can be registered with metal currency as account currency?

Cent, Mini in Exness VC only

Mini, Classic in both Exness VC and CY

Mini, Classic in Exness VC only

Classic, ECN in both Exness VC and CY

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

If client has a Classic account, which of the following instruments can he trade with?

EURUSD, AUDUSD, USDJPY

AUDUSDm, AUDNZDe, EURUSDc

EURCHFc, AUDJPYm, XAGGBPm

EURUSDe, AUDUSDc, EURJPYm

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which of the following statement is not correct about ECN account?

ECN accounts have only market execution

Maximum leverage is 1:200

Spread is from 0

Clients can trade cryptocurrencies

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which account types can be registered with corporate account?

All market maker accounts for all entities

Classic for all entities

Mini, Classic in Exness VC only

Mini, Classic in Exness CY only

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which account types can be used to trade with Cryptocurrencies (when it is available)?

Cent, Mini

Mini, Classic

Classic, ECN

Cent, ECN

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Find out the incorrect statement below.

Symbols with a yellow bar in Contract Specifications have fixed margin requirements.

Spread in Contract specification is the actual spread.

Commission charged for ECN account is $25 for opening and another $25 for closing position for 1 million USD trading.

ECN accounts cannot trade with suffix of "m".

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Gap level regulation is applied on which suffix?

Only c and m

Only k and e

Only c, m and without suffix

All except "e" and CFD on futures

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