ShaFX
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Altın3,993.70-0.18%EURUSD1.12041+0.08%GBPUSD1.33788+0.05%USDJPY156.837-0.01%Bitcoin80,230.52-1.05%Ethereum2,334.62-2.09%USDCAD1.40030-0.04%AUDUSD0.70353-0.02%GBPJPY209.829+0.04%USDCHF0.82495-0.03%NZDUSD0.57002+0.00%
Last stored quotes · informational, not trading advice

11 questions · pick the best answer · explanations shown after submission · educational only.

1. A "pip" on EUR/USD is normally located at which decimal place?

2. On USD/JPY, the pip is at which decimal place?

3. A "standard lot" in forex equals how many units of the base currency?

4. Which order is filled at the current market price?

5. What does "leverage 1:100" mean for margin?

6. What is the bid price?

7. The London session is typically considered the most liquid for which pairs?

8. In a quote EUR/USD = 1.0850, which is the base currency?

9. What is "slippage"?

10. A "spread" in forex is...

11. Which is generally riskier for a new trader?

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