[CONTEST CLOSED] [Master the Market with FOREX.com] Quiz 2

Answer questions and stand a chance to win a Bose Quietcomfort Headphones (worth S$599), Apple Airtag (worth S$150) & MORE!

Q1: What is the spot rate in the foreign exchange market?

The exchange rate for immediate delivery of currencies
The exchange rate agreed today for delivery at a future date
The average exchange rate over a 30-day period
The exchange rate used for currency options contracts

Q2: Which of the following is a major currency pair?

EUR/USD
USD/TRY
ZAR/JPY
MXN/CAD

Q3: In CFD trading, if a trader opens a position to buy EUR/USD, they are:

Long USD and short EUR
Long EUR and short USD
Short EUR and long USD
Not exposed to currency risk

Q4: What is the lowest possible spread on EUR/USD offered by FOREX.com under certain conditions?

Q5: Trading forex always guarantees profit if you use leverage.

Q6: Open-Ended Question -

What are 2 key characteristics you look out for when choosing a CFD broker?

Seedly will choose the winners based on:

i. highest number of correct answers on the multiple-choice questions; and

ii. most relevant, well-explained, and factually accurate responses as winning entries

Good luck! ✨

For more info on the prizes and terms & conditions, visit here: https://bit.ly/3GxcnC3

FOREX.com

Discussion (16)

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Localking

18 Jul 2025

Q1: 1. The exchange rate for immediate delivery of currencies

Q2: 1. EUR/USD

Q3: 2. Long EUR and short USD

Q4: 4. 0.0

Q5: 2. No

Q6: When choosing a CFD broker, I prefer one that offers tight spreads and powerful trading platforms, such as FOREX.com. Low spreads help reduce trading costs and maximise potential profits, especially in fast-moving forex markets. What truly distinguishes FOREX.com, however, is its advanced platform capabilities, which include robust charting tools, real-time data, and customisable indicators. These features support a wide range of trading strategies, from scalping to swing trading.

Whether I’m analysing technical patterns or executing trades with precision, FOREX.com gives me the flexibility and control I need. Their platform also integrates seamlessly with MT4 and TradingView, allowing me to stay ahead of market trends and make informed decisions. With these tools, I feel empowered to trade confidently and grow consistently in the competitive world of forex.

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03 Aug 2025

Hello seedly. is nobody handling the email account? been sending emails regarding points expiring for no reasons despite not yet expired but have not receive any replies for months.

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