Beginner’s Quiz: Test Your Knowledge

You’ve completed the lessons – now it’s time to test your knowledge with this quick beginner’s quiz! It covers all the key topics from our beginner’s guide to financial markets, including shares, indices, forex, and commodities.

What to Expect from the beginner’s quiz

This quiz consists of 10 multiple-choice questions and should take about 5–7 minutes to complete. You’ll receive instant feedback on each answer, allowing you to identify areas that need more practice. By the end, you’ll have a clear understanding of your strengths and where to revisit the lessons. Good luck!

Why Take This Beginner’s Quiz?

Testing your knowledge with this beginner’s quiz reinforces learning and builds confidence. Quizzes help cement concepts like shares, currency price influencers, leverage, and trading strategies. They also highlight gaps in your understanding so you know exactly which lessons to review.

How to Use This Beginner’s Quiz

Instructions: Choose the best answer for each question below. Remember, this quiz is designed for self-assessment—there are no pass or fail grades, only opportunities to learn.

Tips for Quiz Success

  • Review your notes: Have a quick glance over your lesson summaries before you begin.
  • Eliminate distractions: Find a quiet space and turn off notifications so you can focus.
  • Trust your instincts: Your first answer is often the right one—don’t overthink it.
  • Learn from mistakes: If you miss a question, revisit that topic immediately.

Quiz Questions

  1. What is the primary purpose of financial trading?




  2. Which of the following best describes a share?




  3. What is a stock index?




  4. Which factor is most likely to affect the price of a currency pair?




  5. What does leverage allow a trader to do?




  6. What is a key characteristic of commodities?




  7. What kind of trading strategy involves following the overall market direction?




  8. Which of the following could cause a stock index to fall?




  9. Which platform is commonly used for CFD trading?




  10. What is the purpose of a stop-loss order?