Seedly

2d ago

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General Investing

[Master the Market with FOREX.com] Quiz 1

Answer questions and stand a chance to win an Apple iPad 9th Gen (worth S$479), Apple Magic Mouse (worth S$100) & MORE!

Q1: Under what NASDAQ ticker symbol is StoneX Group Inc. currently listed?

IACC
SNEX
FXCM
STNX

Q2: What types of products can individual traders access through StoneX platforms?

Only equities and futures
Equities, FX, futures, and physical precious metals
Only FX and cryptocurrencies
Real estate and private equity

Q3: What does "spread" refer to in forex trading?

The amount of leverage a trader uses
The difference between the bid and ask price of a currency pair
The total volume of trades in a day
The commission fee charged by the broker

Q4: What risk is especially high when trading CFDs (Contracts for Difference)?

Currency risk only
Liquidity risk only
Risk of rapid loss due to leverage
No risk at all

Q5: What percentage of trades are executed in under 1 second on FOREX.com’s platform?

75%
85%
95%
100%

Q6: Open-Ended Question -

What initially motivated you to start trading forex?

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 (18)

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Tienny Zheng

13h ago

Q1. 2 SNEX

Q2. 2 Equities, FX, futures, and physical precious metals

Q3. 2 The difference between the bid and ask price of a currency pair

Q4. 3 Risk of rapid loss due to leverage

Q5. 4 100%

Q6. Look up to the country and do it together with someone whom I care about.

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Zhou Wei Xian

Edited 19h ago

Q1 - SNEX

Q2 - Equities, FX, futures, and physical precious metals

Q3 - The difference between the bid and ask price of a currency pair

Q4 - Risk of rapid loss due to leverage

Q5 - 100%

the rewards and the ability to catch up on worldly events , the ability to digest world news and to forecast the future . I learnt many stuffs everyday ...

Events are closely pegged to movement of the chart .... that is where analysis comes into place .

If u are good , it is very rewarding dealing with forex , stocks and precious metal .

I personally go for low risk rewards , slow and steady wins the race .

Don't hatch all your eggs in one basket .

I have a few low risk investments ... it can chalked up to quite a bit when cashing out . kekekek ...

dollar investment in this unstable economy .... it can rack my brains while dealing with investment , low risk of dementia .

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Jinxu

21h ago

Q1: 2. SNEX
Q2: 2. Equities, FX, futures, and physical precious metals
Q3: 2. The difference between the bid and ask price of a currency pair
Q4: 3. Risk of rapid loss due to leverage
Q5: 3. 95%
Q6. Fascination with Macroeconomics: Intrigued by how global economic events, central bank policies, and geopolitical news directly impact currency values in real-time.
Intellectual Challenge: Drawn to the challenge of combining two key disciplines:
Fundamental Analysis: Understanding the economic "why" behind currency movements.
Technical Analysis: Using charts and data to identify trading opportunities with discipline.

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W.chua

1d ago

Q1 - SNEX
Q2 - Equities, FX, futures, and physical precious metals
Q3 - The difference between the bid and ask price of a currency pair
Q4 - Risk of rapid loss due to leverage
Q5 - 100%
Q6 - diversification- exploring as many ways to FIRE as possible!

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