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Forex Intro Quiz

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Do you know your Forex Basics?

 

What does Forex stand for?

Correct! Wrong!

Forex is a short form of “Foreign Exchange”

What is the daily turnover of the Forex market?

Correct! Wrong!

The daily turnover of the Forex Market is over $5 Trillion

What is the daily trade volume of retail traders?

Correct! Wrong!

The daily trade volume of retail traders is around $1.5 Trillion

Which one of these is NOT one of the 5 biggest banks?

Correct! Wrong!

The 5 biggest banks are: Wells Fargo & Co, Industrial & Commercial Bank of China, JP Morgan Chase & Co, China Construction Bank, and Bank of America

What does “Going Long” mean?

Correct! Wrong!

The phrase “Going Long” means the price of a particular asset is going up

Forex Intro Quiz
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