Quiz: Advantages Of FOREX Market
5 Questions
| Total Attempts: 66
This quiz tests you on Advantages of Forex Market. In this market, people try to make an additional income by trading currencies based on the buying and selling rates at a given time across the world. Take up the quiz below and get to see if you understand all the secrets one can use to increase their returns from the trade.
Questions and Answers
- 1.Which of the following is an advantage of the forex market over the stock market?
- A.
Low/No commissions
- B.
You can become a part owner of a company
- 2.Which of the following is an advantage of the forex market over the stock market?
- A.
No one can manipulate the market
- B.
You can own shares in a company
- 3.Forex is open 24 hours, Sunday 4:00 pm- Friday 4:00 pm
- A.
Yerp!
- B.
Nope!
- 4.There are no restrictions on short-selling in the forex markets
- A.
True, it's just as easy to make money on the way down as it is on the way up
- B.
False, there are restrictions to short-selling just like in the stock market.
- 5.Reasons for smaller exposure to foreign exchange than US money center are
- A.
Regulation
- B.
Prudent Individuals
- C.
Smaller size of assets
- D.
All of the above
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