Do you know your Forex Basics?
What does Forex stand for?
Forex is a short form of “Foreign Exchange”
What is the daily turnover of the Forex market?
The daily turnover of the Forex Market is over $5 Trillion
What is the daily trade volume of retail traders?
The daily trade volume of retail traders is around $1.5 Trillion
Which one of these is NOT one of the 5 biggest banks?
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?
The phrase “Going Long” means the price of a particular asset is going up
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