Forex general knowledge quiz

Jump into our quick Forex quiz to see how much you know about trading currencies! It’s made for everyone, whether you’re just starting out or already know a bit. You’ll answer questions about trading terms, how the market works, and tips for trading. It’s a fun way to learn more about the biggest money market around.

1 / 10

What tool do forex traders use to leverage their investments?

Margin

Mutual funds

Bonds

Stocks

2 / 10

What does the term “pip” stand for in forex trading?

Pivot Interest Point

Point In Percentage

Price Interest Point

Percentage In Point

3 / 10

Which pair is considered a major currency pair in forex trading?

GBP/AUD

USD/JPY

NZD/CAD

EUR/GBP

4 / 10

What does the term “short selling” mean in forex trading?

Selling a currency pair to buy it back at a lower price later

Buying a currency pair to sell it at a higher price later

Exchanging currencies at a fixed rate for future delivery

Holding onto a currency pair for a long term

5 / 10

What is a “bear market”?

A market with no significant movement

A market that is declining

A market with high volatility

A market that is expected to rise

6 / 10

What does “Forex” stand for?

Fiscal Expanse

Financial Execution

Foreign Exchange

Forward Exponent

7 / 10

Which of the following is NOT a factor affecting forex market fluctuations?

Interest rates

Weather conditions

Political stability

Economic performance

8 / 10

Which session is known for the highest volume of forex trading?

London session

Asian session

Sydney session

New York session

9 / 10

What is the most traded currency in the forex market?

Japanese Yen (JPY)

U.S. Dollar (USD)

British Pound (GBP)

Euro (EUR)

10 / 10

What is a “currency pair” in forex trading?

A legal agreement between two currencies

A pair of shoes bought in two different countries

A financial strategy for diversifying investments

The comparison of one currency’s value against another

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