Course quiz
8 questions. Score 6 or more to pass and download your certificate. Your answers stay in this browser.
1.In the pair GBP/USD, which currency is the base currency?
2.EUR/USD shows a bid of 1.1000 and an ask of 1.1002. What is the spread?
3.What is one pip worth on one standard lot of EUR/USD?
4.USD/JPY moves from 150.00 to 150.40. How many pips is that?
5.You open 1 standard lot of EUR/USD at 1.1000 with 30:1 leverage. Roughly how much margin is required?
6.Which statement about leverage is correct?
7.The price is currently 1.1050 and you want to buy only if it rises through 1.1080. Which order fits?
8.Your stop-loss is at 1.0972, but after a news release the trade closes at 1.0965. What is this called?