FOREX BASIC 101 - ICT

FOREX BASIC 101 - ICT

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MARIA BARTOLOME

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the largest financial market in the world?

Stock Market

Crypto Market

Forex Market

Commodities Market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which currency pair is considered the most liquid in the Forex market?

EUR/USD

USD/JPY

GBP/USD

AUD/USD

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'bull market' signify in financial terms?

A market showing declining prices

A market showing no significant movement in prices

A market showing increasing prices

A market exclusively for the trading of bull-related commodities

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a 'pip' in Forex trading?

A type of trading strategy

The smallest price move that a given exchange rate can make

A portfolio investment plan

A platform for automated trading

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'leverage' mean in the context of Forex trading?

The ability to control large amounts of currency with a small amount of capital

The use of algorithms to predict currency movements

The act of borrowing funds to increase one's trading position

Securing a currency's value with physical assets

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does the 'spread' play in Forex trading?

The difference between the bid and ask prices of a currency pair

A strategy used to predict market movements

The commission charged by a broker

The interest rate differential between two currencies

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is 'margin' in the context of Forex trading?

The total value of a trader's investments

A type of financial security

The minimum amount of funds required to keep a trading position open

The profit made from a successful trade

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