forex-trading-quiz
 

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THE FOREX QUIZ

Put your Forex trading knowledge to the test with the all-new GKFX trading quiz; simply choose your difficulty of easy, medium or hard and get started. We at GKFX encourage all traders to ensure that they are thoroughly prepared before opening a live account, so take some time to try our short quiz and learn some fun Forex trading facts along the way.

If you find yourself struggling with any of the questions below, feel free to check out the Financial Trading Bootcamp webinar series on our YouTube channel, or speak to one of our account managers on +44(0)20 7186 255, who would be more than happy to take you through the whole process one-to-one.

CHOOSE YOUR LEVEL OF DIFFICULTY & START

Discover your trading type

  • EASY
  • MEDIUM
  • HARD
  • Forex is short for foreign exchange, but the actual market
    we are referring to is currencies.

    1
  • Leverage is the investment strategy of using borrowed money: specifically the use of various financial instruments or borrowed capital to increase the potential return of an investment.

    2
  • The non-farm payroll data is measure of monthly change in the number of workers outside the farming industry in the United States.

    3
  • The S&P 500 is an American stock index which includes the 500 largest listed American companies

    4

YOUR SCORE

Good try!
But as is often the case in Forex trading, there’s some room for improvement. You can build on your score by practicing on one of our Forex demo account options or by speaking to one of our account managers on +44(0)20 7186 255, who would be more than happy to take you through the Forex trading process one-to-one..
Great Result!
If you’re feeling ready, you might consider progressing to one of our Forex trading live account options. For more information on top trading tools and strategies, you can find our Financial Trading Bootcamp webinar series on our YouTube channel.
  • A bearish trader is one who expects prices to decline and
    may be holding short positions.

    1
  • A bullish trader is one who expects prices to rise and
    who may be holding long positions.

    2
  • Hedge is a position or combination of positions that reduces
    the risk of your primary position.

    3
  • A support level is a price level price could not historically
    break below and went higher from

    4

YOUR SCORE

Good try!
But as is often the case in Forex trading, there’s some room for improvement. You can build on your score by practicing on one of our Forex demo account options or by speaking to one of our account managers on +44(0)20 7186 255, who would be more than happy to take you through the Forex trading process one-to-one..
Great Result!
If you’re feeling ready, you might consider progressing to one of our Forex trading live account options. For more information on top trading tools and strategies, you can find our Financial Trading Bootcamp webinar series on our YouTube channel.
  • The RSI indicator analyses gains and losses of previous
    price candles (periods).

    1
  • The breakaway gap describes a scenario where price gaps
    over a support or resistance level.

    2
  • The ADX indicator is direction neutral and analysis
    trend strength.

    3
  • An uptrend exists if price keeps making higher
    highs and higher lows.

    4

YOUR SCORE

Good try!
But as is often the case in Forex trading, there’s some room for improvement. You can build on your score by practicing on one of our Forex demo account options or by speaking to one of our account managers on +44(0)20 7186 255, who would be more than happy to take you through the Forex trading process one-to-one..
Great Result!
If you’re feeling ready, you might consider progressing to one of our Forex trading live account options. For more information on top trading tools and strategies, you can find our Financial Trading Bootcamp webinar series on our YouTube channel.

11 FOREX TRADING TIPS
EVERY TRADER SHOULD NOW

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11 TRADING TIPS
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