Trader Faculty
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Trader Faculty

A structured trading curriculum across stocks,
forex, crypto, futures and commodities.

Trader Faculty is an education publisher. We do not hold client funds, execute trades, or act as a broker.

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Courses

  • 01What is Trading?
  • 02Trading 101
  • 03Risk & Money Management
  • 04Setting Up Your Trading Setup
  • 05TA Masterclass
  • 06Fundamental Analysis for Traders
  • 07Trader Mindset
  • 08Build Your Trading System

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  • Technical Analysis
  • Risk Management
  • Mindset & Psychology
  • Strategies & Systems
  • Tools & Platforms
  • Fundamental Analysis

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Home>Courses>Setting Up Your Trading Setup>Final Assessment

Setting Up Your Trading Setup · Final Assessment

Final Assessment

A 20-question final assessment covering the whole course.

20questions

Setting Up Your Trading Setup·Final Assessment

All lessons

Review the lessons first

No guide to read here — this checks everything from the 8 lessons. If you get stuck, go back and review, then come take it again.

Review the lessons

Assessment

Test yourself

20 questions

Complete all 20 questions before submitting the assessment.

  1. Question 01

    Broker A is regulated with a slightly wider spread; Broker B is unregulated with a tiny spread and a big bonus. Which is the safer choice?

  2. Question 02

    A broker advertises 1000:1 leverage and a huge bonus, but you cannot find its license on any regulator's register. You should:

  3. Question 03

    What is the best step to confirm a broker is properly regulated?

  4. Question 04

    You are a scalper. Which platform quality matters most to you?

  5. Question 05

    You analyze at home on a big screen but need to check positions while out. What do you most want?

  6. Question 06

    You want to trade forex and CFDs on the most widely supported platform. Which platform is it likely to be?

  7. Question 07

    Your broker offers both MT4 and MT5. MT5 generally:

  8. Question 08

    You trade one standard forex lot. How many units is that?

  9. Question 09

    You are new to MetaTrader. What should you do before trading live?

  10. Question 10

    What does a demo account let you trade with?

  11. Question 11

    You are consistently profitable on demo but lose on live. What is the most likely reason?

  12. Question 12

    You have followed your plan calmly on demo for weeks with steady results. What are you?

  13. Question 13

    When you first switch to live trading, what should you do?

  14. Question 14

    Opening a real account requires ID verification because brokers must do what?

  15. Question 15

    A broker lets you deposit and trade instantly with no ID check at all. What is this?

  16. Question 16

    What kind of amount should your first deposit be?

  17. Question 17

    A broker lets you deposit by card but only withdraw to a different method. What is this?

  18. Question 18

    What is the single most important factor when choosing a broker?

  19. Question 19

    For a frequent trader, why does a wider spread matter more?

  20. Question 20

    You accidentally enter 10 lots instead of 0.10 on a live account. This is exactly why you should first:

Answered 0 of 20 · pass 70% (14/20) to complete the course

Setting Up Your Trading SetupFinal
  1. Choosing a trading platform
  2. How to choose a broker
  3. Broker types: ECN and more
  4. Getting started with MetaTrader
  5. Using TradingView
  6. Practice with a demo account
  7. Platform order types (OCO, FOK)
  8. Opening a trading account
  9. ⚑Final Assessment· 20 Q