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Forex trading offers high liquidity, allowing for quick position changes, and diverse trading opportunities across various currency pairs. With leverage, traders can amplify potential gains, though it also increases risk. There's no fixed monthly payment, as traders can start with varying amounts of capital and manage their own risk.

Forex Trading Exam Questions With Correct Answers 100% Verified. How much money should you generally start with with forex trading? - Answer£250.00 what is the price of the currency a reflection of? - Answera reflection of what the market thinks about the current and future condition of a country's economy compared to other economies. what are the two main aims of a forex trader? - AnswerTo buy a currency pair when exchange rates are expected to rise and to sell a currency pair when ex...

Forex Trading Questions and Answers 2024/2025 Exam | Get It 100% Correct How much money should you generally start with with forex trading? - £250.00 what is the price of the currency a reflection of? - a reflection of what the market thinks about the current and future condition of a country's economy compared to other economies. what are the two main aims of a forex trader? - To buy a currency pair when exchange rates are expected to rise and to sell a currency pair when exhcan...

MAJOR PAIR - ANSWER-Any pair that contains the US Dollar is consider a ______________. USD/JPY - ANSWER-___________________ would be consider an major pair. CROSS PAIR - ANSWER-Any pair that does not contain the US dollar is considered an _____________________. AUD - ANSWER-Which is the base pair in AUD/CAD London - ANSWER-What is the largest trading currency trading center in the world? Commercial Banks - ANSWER-Who are the main stakeholders on the FOREX market? Spread - ANSWE...

How to Make Money Trading Forex - ANSWER-In the forex market, you buy or sell currencies. The object of forex trading is to exchange one currency for another in the expectation that the price will change. More specifically, that the currency you bought will increase in value compared to the one you sold. How to Make Money Trading Forex - ANSWER-*EUR 10,000 x 1.18 = US $11,800 ** EUR 10,000 x 1.25 = US $12,500 For example, the EUR/USD exchange rate indicates how many euros can purchase one U...

Trading view - ANSWER-Free, analysis, info, etc, chart markup. When to trade forex - ANSWER-4 sessions, market overlaps Sydney session - ANSWER-5pm-2am. Marks the start of the trading day, smallest and calmest session to trade, Tokyo session - ANSWER-7pm-4am. Starts the second trading session of the day, 3rd largest trading center in the world, JPY makes its move and is the 3rd most traded currency pair in the world (6% of total forex transactions), Asian session - ANSWER-5pm-4am. Sy...

What is Forex? - ANSWER-The global market that allows the exchange of currency What allows you to make money in the forex exchange? - ANSWER-Changes in exchange rates What does Forex stand for? - ANSWER-Foreign Exchange Market What is the daily trade volume of forex? & What is the daily trade volume for retail traders (us)? - ANSWER-$5 trillion - $1.8 Trillion What is the trade volume of the NYSE? - ANSWER-$22.4 billion What is traded in Forex? - ANSWER-Fiat & Crypto Currency H...

EUR - ANSWER-Euro USD - ANSWER-US dollar GBP - ANSWER-British pound JPY - ANSWER-Japanese yen CHF - ANSWER-Swiss Franc AUD - ANSWER-Australian dollar CAD - ANSWER-Canadian dollar NZD - ANSWER-New Zealand dollar 7 liquid pairs - ANSWER-EUR/USD , GBP/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, USD/CAD When is forex "open"? - ANSWER-Forex is run electronically within a network of banks 24 hours , 5 days a week What is forex? - ANSWER-foreign exchange market More in de...

What is the FOREX market? - ANSWER-Online exchange or buying and selling for all foreign currency pairs around the world How can you make money in the Forex market? - ANSWER-You can choose to buy or sell currencies and if you forecast the move correctly, you can make a profit What is a major pair? - ANSWER-Currency pairs where one currency is the US dollar. (USDJPY, EURUSD) What is a minor pair? - ANSWER-Currency pairs that don't involve the US dollar What are examples of some Exoti...