Forex Trading – Beginners Quiz

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Created on By Eddie Vorman

Forex Trading – Beginners Quiz

Forex stands for foreign exchanges and refers to currency trading. But how much do you know about the process? Test your knowledge now!

1 / 10

Can you tell us what the Major Currency Pairs are?

2 / 10

Here are several none major currency pairs, all except:

3 / 10

A currency symbol consists of 3 letters. Do you know what the first two letters and the third letter represents?

4 / 10

Buck is to USD. Which of the following is to GBP?

5 / 10

Why are the major currencies commonly traded on the forex market?

6 / 10

Let’s say that the EUR is strengthening against the U.S. dollar. What should we do for EUR/USD pair?

7 / 10

Please, choose the base currency in the EUR/USD pair:

8 / 10

If the traders go long on a trade, it means:

9 / 10

Which is the largest economy in the forex market?

10 / 10

Why does the USD have the highest percentage in the forex market?

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