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RAKESH SHARMA
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One of our best students—passed the test with the maximum result!

Test

Forex concepts: currency pairs, pips and points, lots, profit calculator

Result 10 of 10

  1. What is a quote currency?
  2. Select two correct statements regarding pip and point.
  3. What is a lot?
  4. How does OctaFX broker make Forex accessible for its traders?
  5. How many times less than lot is a micro lot?
  6. What parameters can you set when you use OctaFX’s profit calculator?
  7. The price of EUR/USD has grown from 1.16300 to 1.16385. What is this price change expressed in pips?
  8. How many USD do you need to buy 100 EUR, if the price of EUR/USD is 1.15103 ?
  9. What will be your profit amount if you sell 0.5 lot of EUR/USD and the price falls down by 1 pip?
  10. What is leverage?
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