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

Here are my answers.

1. The exchange rate for immediate delivery of currencies
2. EUR/USD
3. Long EUR and short USD
4. 0.0
5. No
6. The first characteristic I would look at is whether the broker is licensed and governed by any financial regulations. Since we are all here in Singapore, I would check if the broker is licensed by the central bank - Monetary Authority of Singapore. This gives me piece of mind because under the regulation, brokers must keep client funds separate from the company's operational accounts. In other words, my money would be protected in the event that broker faces financial trouble. Good news is Forex.com operates under StoneX Financial Pte Ltd and is regulated under MAS. Source: https://eservices.mas.gov.sg/fid/institution/detail/2526-STONEX-FINANCIAL-PTE-LTD

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The second characteristic I prioritise as a trader is the trading mechanism. Specifically, execution quality and transparent pricing model are important to me as a trader. A broker's execution process directly impacts trade outcomes, particularly for strategies reliant on precision (e.g. scalping). I understand Forex.com has no requotes and minimal slippage. This reliability reinforces my risk management framework by mitigating unexpected losses caused by execution delays or price requotes. Furthermore, Forex.com 's platform has consistent fast execution speeds, with nearly all trades completed in under one second, align with the low-latency demands of mordern trading environments. Additionally, a transparent pricing model is helpful and has demonstrated a commitment to clarity as evident here (https://www.forex.com/en-sg/about-us/financial-...). With tight spreads (e.g. 0.5 pts on EUR/USD), it signals to me lower trading costs (means I pay less to Forex.com per trade) and reflects better market liquidity. This effectively allows me to lower the breakeven threshold for each position. In practical terms, this also means that a greater proportion of the market's movement translates directly into profitability, assuming a favourable trade outcome. By minimising implicit costs (e.g. spreads) and explicit execution risks (e.g. slippage), it seems to me that the platform provides a trading environment conducive to consistent performance, particularly for a trader like myself who is sensitive to transactional overhead.

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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.

What can I win?

This quiz not good