Forex Trading Quiz – Level 2
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Written by Tom Chen
Want to challenge yourself with a fun trading quiz? Test your knowledge on everything we covered in Level 2 and learn some new facts along the way!
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Question 1 of 22
1. Question
What’s the difference between a Dealing Desk (DD) and a No Dealing Desk (NDD) broker?
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Question 2 of 22
2. Question
Which of the following is NOT one of the most important things to consider in choosing a broker?
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Question 3 of 22
3. Question
What is one good way to separate bad brokers from good ones?
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Question 4 of 22
4. Question
No matter how fancy your trading platform is, you will still end up losing without
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Question 5 of 22
5. Question
Why is it preferable to trade on DEMO for at least six months before opening a live account?
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Question 6 of 22
6. Question
What is fundamental analysis?
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Question 7 of 22
7. Question
Which of the following is NOT related a fundamental event?
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Question 8 of 22
8. Question
Which of the following is NOT a good source of market information?
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Question 9 of 22
9. Question
In Forex, what are the two main types of analysis?
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Question 10 of 22
10. Question
Which type of analysis looks at historical price movements to determine the current trading conditions and potential price movement?
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Question 11 of 22
11. Question
Which type of analysis looks at economic, social, and political forces that affect the supply and demand of an asset?
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Question 12 of 22
12. Question
If you wanted to buy the euro because Germany’s economy is booming, which type of analysis are you doing?
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Question 13 of 22
13. Question
What is a CFD?
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Question 14 of 22
14. Question
What is a market order?
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Question 15 of 22
15. Question
What is a limit order?
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Question 16 of 22
16. Question
What are the two main types of Forex brokers?
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Question 17 of 22
17. Question
What are Forex robots?
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Question 18 of 22
18. Question
Do you have to risk your own money when trading Demo?
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Question 19 of 22
19. Question
What is Scalping?
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Question 20 of 22
20. Question
What is Day Trading?
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Question 21 of 22
21. Question
What is Swing Trading?
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Question 22 of 22
22. Question
What is Position Trading?
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