CFDs – General Quiz 43 Created on December 16, 2020 By Eddie Vorman CFDs – General Quiz CFD’s differ from traditional trading. They have their specific niche, but if you are willing to learn and gamble, then you can see quite handsome gains. But how much do you understand about contracts of difference? Let’s see if you can answer some basic questions about them: 1 / 6 CFD traders: Speculate on changes in the price of security they purchased Speculate on changes in the price of security without having to actually purchase the security None of the answers are correct 2 / 6 If the closing price is higher, than the opening price, the gainer is: Seller Buyer None of them 3 / 6 Do you know what the spread is? Is the difference between the bid and ask prices for a security Is the difference between the opening and closing prices for a security None of the answers are correct 4 / 6 With CFDs, traders can benefit from: The rising of asset prices The falling of asset prices Both of them None of the answers are correct 5 / 6 Advantage of CFDs trading is: Use of leverage, or gearing Tax advantages Access to many markets via CFDs All of them None of them 6 / 6 CFDs trader can sell or buy: Shares and indices Currencies and bonds Interest rates and commodities All of them Your score isThe average score is 66% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Support Platform Spread Trading Instrument Comments Rating 0 (0 reviews)