Mobile finance app image
February 4, 2022by M Rose- 2 comments

Forex Spread Betting Quiz

forex spread bet quiz thumbnail

 

Spread betting really is an easy and cheap way to access the currency markets. But are you confident that you know what you’re doing?

Do you know what counts as a pip in each currency pair?

How much margin you need on EURUSD?

And how the markets are correlated?

Test your knowledge here …

Forex Spread Betting Quiz

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Question 1

I have the following open positions: LONG USDCHF and SHORT EURUSD. What is my bias?*

Question 2

Which of the following are traditional US dollar correlations?*

Question 3

What is the margin requirement for EURUSD?*

Question 4

What is the margin requirement for NZDUSD*

Question 5

If the price of USDJPY has increased from 114.868 to 114.988, how many pips has it moved?*

Question 6

If the price of GBPUSD has moved from 1.35405 to 1.35605, how many pips has it moved?*

Question 7

Which of the following spread bets would be comparable to selling British Pounds to buy US dollars?*

Question 8

If you place a long position on USDCHF at 0.9200 with a stake of £5 and a stop level at 0.9100, what is your risk on that trade?*

Question 9

What is the initial margin requirement for a position to SELL USDCAD at 1.2600 with a stake of £10 and a stop at 1.2650*

Question 10

At what point will my broker close a position?*

Question 11

What is variation margin?*

Question 12

In the currency pair AUDUSD, AUD is the ____ currency, and USD is the ___ currency*

Question 13

If the value of AUDCAD is 0.9100, this means that …*

Question 14

Before you open a live spread-betting account, which of the following do you need?*

 

To enjoy more content and get it faster

Related posts:

Default ThumbnailHow new ESMA spread betting rules could affect you Forex markets imageMy top tip for anyone starting out in forex

2 comments

  • Peter Roberts
    5 years ago Reply

    I was expecting to see my score.

    How can I do that please?

    • A
      Traders Bulletin
      5 years ago Reply

      Hi Peter, your score should come up after you’ve clicked on ‘submit’ at the bottom of the quiz – did that not work for you?

Leave your comment

JOIN US ...

Get exclusive access to members-only resources, plus my weekly email updates ...

I will NEVER share your details for marketing purposes. Privacy policy

TradeNationPromotion

Strategies I'm Using