Quiz 2 - Forex Acronyms & Jargon
This lesson assumes that you understand your financial goals and are familiar with all the risks and opportunities online trading provides. You can schedule a free call with our expert trader that will help you find the best way to achieve your financial goals.
1. Which is always higher: Bid or Ask?
C) Always the same
D) Depends on the currency pair
2. What is the definition of Spread?
A) Ask - Bid
B) Bid - Ask
C) Ask + Bid
D) Ask / Bid
3. What is 1 PIP equal to for non-JPY currency pairs?