
FOREX
Authored by Joseph Pianfx
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Vocational training
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10 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What does "Forex" stand for?
Foreign Exchange
Forex Exchange Rates
Future Options for Exchange
Foreign External Rates
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is a currency pair?
A pair of stocks traded simultaneously
A pair of currencies traded in the forex market
A pair of options contracts
A pair of commodities
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What does the term "pip" mean in forex trading?
The smallest price move in a currency pair
The total profit from a trade
A type of trading strategy
The commission fee charged by brokers
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is leverage in forex trading?
The ability to borrow money to increase the size of a trade
The amount of profit made on a trade
The amount of loss allowed before closing a position
The time it takes to execute a trade
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
How many times does Softwirelex Free Tech Workshop hold in a year?
Once
Twice
Thrice
None of the above
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What version is Softwirelex Free Tech Workshop 2024?
4.2
4.1
4.0
5.0
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is a "stop-loss order"?
An order to buy a currency pair at the market price
An order to close a trade at a specific price to limit potential losses
An order to sell a currency pair at the market price
An order to take profits at a predetermined level
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