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