Forex Trivia – How Much Do You Really Know?


Here is 50 questions on Foreign exchange! Check your self – how a lot do you REALLY know?

1. Are you aware that you’re concerned in FOREX even if you find yourself not buying and selling it?

2. Are you aware that by buying and selling FOREX, you might be buying and selling the economies of nations?

3. Are you aware that the left hand aspect of the foreign money pair is at all times valued at 1?

4. Are you aware that CHF stands for Confoederatio Helvetica Franc?

5. Are you aware that FOREX was solely accessible to the massive gamers akin to banks and MNCs up to now?

6. Are you aware that by utilizing leverage, a mere $250 can management as much as $100,000 in FOREX?

7. Are you aware that there aren’t any taxes in FOREX buying and selling?

8. Are you aware that your buying and selling technique is the LEAST necessary in FOREX?

9. Are you aware that ANYONE could be profitable in make money with forex buying and selling?

10. Are you aware that FX1 Academy is likely one of the few faculties that train extensively on a dealer’s way of thinking?

11. Are you aware that buying and selling extra often doesn’t equal to extra income?

12. Are you aware that the British Pound was the reserve foreign money of the world earlier than the US Greenback?

13. Are you aware that nobody has ever succeeded in combating with the FOREX market?

14. Are you aware that you could make extra in a single commerce than what the banks provide you with in a yr?

15. Are you aware that in comparison with shares, there is no such thing as a insider buying and selling in FOREX?

16. Are you aware that if the EURO strikes a mere 5 cents in a EUR/USD commerce, you’ll make USD5,000?

17. Are you aware that George Soros made a cool ONE BILLION DOLLARS IN ONE DAY in 1992 from the FOREX Market?

18. Are you aware that FOREX is the LARGEST monetary market on this planet with a each day buying and selling quantity in extra of three.5 trillion US {Dollars}?

19. Are you aware that FOREX has the HIGHEST leverage in comparison with all different monetary devices?

20. Are you aware that FX1 Academy is the LARGEST FOREX Academy in Asia?

21. Are you aware that Singapore is the third LARGEST monetary centre on this planet?

22. Are you aware that Singapore is the 2nd LARGEST Foreign exchange Spot Market in Asia and fifth within the World?

23. Are you aware that not like the shares, futures or choices market, FOREX shouldn’t be managed by any central governing physique?

24. Are you aware that you could develop $10,000 to ONE MILLION DOLLARS safely in 5 years by making simply 3 trades a month?

25. Are you aware that you just DO NOT must pay commissions in FOREX?

26. Are you aware that 80% of all FOREX trades worldwide is solely speculative?

27. Are you aware that the FOREX Market is giant sufficient to pay each particular person on the planet 600 US {Dollars} DAILY?

28. Are you aware that you could make a revenue in FOREX no matter market path?

29. Are you aware that Kathy Lien’s guide, “Day Buying and selling the Foreign money Market” is the BEST SELLING FOREX guide of all time?

30. Are you aware that Ed Ponsi’s guide, “Patterns & Chances” is the 2nd BEST SELLING FOREX guide of all time?

31. Are you aware that FX1 Academy is carefully related to the two world-renowned FOREX specialists, Kathy Lien & Ed Ponsi?

32. Are you aware that gold costs have an 85% constructive correlation with AUD/USD?

33. Are you aware that the FOREX Market is open 24 hours a day from Mondays to Fridays?

34. Are you aware that you could commerce FOREX anyplace on this planet with simply an web connection and a laptop computer/cell phone?

35. Are you aware that you could begin buying and selling FOREX with simply USD200?

36. Are you aware that Asia is poised to be the centre of world extensive wealth within the subsequent 10 years?

37. Are you aware that in 2003, Daimler Chrysler made extra money in FOREX than it did promoting vehicles?

38. Are you aware that in June 2008, the trade price of the brand new Zimbabwe greenback was 6,164,500,000 Zimbabwe {dollars} per 1 U.S. greenback?

39. Are you aware that the FOREX Market is 50 TIMES LARGER than all the worldwide futures market COMBINED?

40. Are you aware that if I paid you USD1,000 per second, it could take me 112 years to pay you what the FOREX Market trades in A DAY?

41. Are you aware that you could NEVER LOSE greater than what you began your FOREX account with?

42. Are you aware that almost all banks make about 50% of their revenue by way of the FOREX Market?

43. Are you aware that in comparison with 8,000 shares within the US fairness market, there are solely 7 main currencies within the FOREX Market?

44. Are you aware that oil costs have an 87% constructive correlation with CAD/JPY?

45. Are you aware that you could apply on a FREE DEMO account earlier than buying and selling in a LIVE account?

46. Are you aware that it takes you LESS than a minute to enter a FOREX commerce?

47. Are you aware that the each day FOREX quantity is BIGGER than the COMBINED ANNUAL GDP of Australia, South Korea, Denmark, Switzerland and Sweden?

48. Are you aware that 3 million merchants can draw 1 million {dollars} every from the FOREX Market DAILY?

49. Are you aware that some FOREX brokers pay YOU to commerce with them?

50. Are you aware that over the following few years, the FOREX market is poised to hit a mind-boggling 7 trillion US {dollars} each day?


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