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FREE Binary Trading Essentials Questions and Answers
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Which of the following is not an asset that can be traded?
Cryptocurrency
Stocks
Ladder
Commodities
Correct!
Wrong!
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What is the minimum amount of time for which an Options contract can expire?
30 seconds
1 week
2 days
3 months
Correct!
Wrong!
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Which of the following is not a type of broker?
Low minimum deposit brokers
Demo Accounts
Bonuses and Offers
Halal Brokers
Correct!
Wrong!
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Which of the following is not an asset that can be traded through binary brokers?
Major forex pairs
Individual stocks and equities
Commodities
Major stock indices
Correct!
Wrong!
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Where does a trade close and get settled?
Halfway through the trade
At the expiry time
When the trader decides to close the trade
At the beginning of the trade
Correct!
Wrong!
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Which is the longest expiry binary options?
4 months
12 months
2 months
6 months
Correct!
Wrong!
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Which of the following is true about binary options trading?
Binary options trading is illegal
There is no way to tell if an unregulated binary options broker is trustworthy
Unregulated brokers still operate
All binary options brokers are regulated
Correct!
Wrong!
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