Forex course/Toolkit/Knowledge exam

Final exam and trading preparation review

By Jarosław Wasiński • Published: • Updated: • 43 min read

Check your understanding of market mechanics, calculations and decisions in explicitly defined scenarios. The result identifies material to review; it does not assess readiness to deposit capital, a strategy’s edge, psychological resilience or professional qualifications. The separate gap checklist in 16.1 is for collecting evidence of completed work. Do not add its points to this exam’s score.

Post-course Forex knowledge exam — question sheet and gap checklist

Rules and scoring

  • W1–W35 and S1–S10: one correct answer each, 1 point for a correct answer, 0 for an incorrect answer. Unanswered questions are shown separately, rather than being treated as incorrect answers you actually gave. There are no partial points.
  • The author’s thresholds: at least 28/35 and 8/10. A PASS verdict appears only after all 50 questions have been answered. These thresholds are not a validated standard or a product appropriateness assessment.
  • K1–K5: a YES/NO answer and a 50–100% probability that it is correct. The Brier score is reported separately, with no pass threshold. Five questions are not enough to assess a person’s calibration.
  • Answer independently first, then expand the answer key. A calculator is allowed. 60–90 minutes is a suggested allocation of time, not a limit or a scoring criterion. Choose your attempt mode below. Opening any answer key marks the current attempt as practice and invalidates the previously calculated result; simply closing the key does not undo that designation.
  • After changing an answer, you must recalculate the result. The code is only an editable record, not a certificate or identity verification.

A calculator is allowed in both modes. Declare any use of materials outside this page yourself. The mode is saved with the result; it does not verify identity or exam conditions. “Clear answers” starts a new attempt, but does not erase your knowledge of the previous answer key.

Saving answers requires JavaScript.

Forex knowledge exam — version 2.1. Date: __________________. Mode: __________________. Scores W: ____/35, S: ____/10, K: ____/5; Brier: ________. Pass: all 50 answers completed and W ≥ 28 and S ≥ 8. The preparation checklist is separate.

Separate preparation checklist — no points

This checklist organises further work. It does not prevent you from taking or passing the knowledge exam and does not confirm that trading is safe. An unchecked item remains a task to consider, not a diagnosis.

Three-tier trader preparation and evaluation framework: knowledge, practical scenarios and probability calibration
Three-tier trader preparation and evaluation framework: knowledge, practical scenarios and probability calibration

Part I: knowledge — 35 questions

W1. EUR/USD is quoted at 1.0850. This number means that:
Answer key and explanation W1

Correct answer: B. EUR is the base currency, USD the quote currency. 1.0850 means USD per 1 EUR; it is not a measure of interest rates or pip value.

Review: 2.1 — how a currency pair is structured.

W2. A standard pip in EUR/USD is a change of:
Answer key and explanation W2

Correct answer: C. A standard pip for this pair is 0.0001; the fifth decimal place is a fraction of a pip, not a new definition of it.

Review: 2.4, 2.5, toolkit item C; criterion I.2.

W3. You open a long CFD position on EUR/USD. Ignoring costs and conversion into the account currency, the price-based result is positive when:
Answer key and explanation W3

Correct answer: A. A long position benefits from the price movement when EUR rises against USD. Costs can change the net result; a CFD does not involve physical delivery.

Review: 2.1 — how a currency pair is structured.

W4. Which market factor may favour positive financing on a long currency position, although the broker’s terms determine the actual amount credited or charged?
Answer key and explanation W4

Correct answer: D. The interest rate differential may favour positive financing, but the broker’s markup and rate table affect the amount credited or charged. Current profit and the app do not determine the swap.

Review: Forex spreads, commissions and swaps: what each trade really costs; criterion I.3.

W5. Forex is an OTC market. The practical consequence for you is that:
Answer key and explanation W5

Correct answer: B. OTC trading has no single centralised exchange for all transactions. Differences in quotes do not automatically mean misconduct.

Review: 12.2 — execution models; criterion I.1.

W6. A USD 10,000 account, a planned risk limit of 1%, a 50-pip SL on EUR/USD, 1 lot = USD 10/pip. In this exercise, costs and slippage = 0; the volume step is 0.01 lot. The position size is:
Answer key and explanation W6

Correct answer: C. 10,000 × 1% = USD 100; 100 / (50 × 10) = 0.20 lot. The other position sizes do not match the limit. In practice, account for costs and slippage.

Review: Position sizing: models for choosing trade size; criterion III.2.

W7. A trade result of “−1R” means:
Answer key and explanation W7

Correct answer: A. R expresses the result relative to the amount of risk set before that trade. It does not have to mean 1% of the account; the letter does not count consecutive losses.

Review: 9.6, 15.9; criterion I.6.

Glossary: R-multiple.

W8. All results in the sample are already net results in R; there are no breakeven trades. Winners: 40% of all trades, averaging +2R; losers average −1R. The sample’s average result per trade is:
Answer key and explanation W8

Correct answer: B. 0.40 × 2 − 0.60 × 1 = +0.20R. These are net results, so do not deduct costs again. This sample’s mean does not establish future profitability.

Review: 9.6, 15.9; criterion I.6.

Glossary: expectancy.

W9. Capital falls by 50%. With no deposits, withdrawals or additional costs, what increase in the remaining amount will restore the starting balance?
Answer key and explanation W9

Correct answer: C. After a fall from 100 → 50, you need (100 − 50)/50 = 100%. The loss and the recovery use different percentage bases.

Review: The mathematics of losses: recovery asymmetry and risk of ruin; criterion III.6.

W10. You hold both a long EUR/USD and a short USD/CHF position. In terms of exposure:
Answer key and explanation W10

Correct answer: D. Long EUR/USD and short USD/CHF both involve short USD exposure. Notionals, exchange rates and the other currencies determine its scale; the positions must not be treated as independent or automatically doubled.

Review: 9.9; criterion III.8.

W11. The main purpose of a daily loss limit (e.g. −2R and stop) is:
Answer key and explanation W11

Correct answer: B. The limit is intended to stop further decisions in accordance with the plan. It is not a general ESMA requirement or a guarantee that the amount will not be exceeded in a gap.

Review: 9.8, 15.2; criterion III.4.

W12. A retail CFD account is subject to the 50% margin close-out rule: the sum of cash and unrealised profit/loss on open CFDs (equity) falls below half the total initial margin requirement for the open CFDs. What does this rule require?
Answer key and explanation W12

Correct answer: A. The 50% rule provides margin close-out protection at CFD account level. It does not promise a phone call, an account freeze or a guaranteed exit price.

Review: Segregation of funds, compensation schemes and a Forex broker bankruptcy scenario; criterion V.1.

W13. You open and close 10 positions per day, each of 0.1 lot. The spread at entry and exit is a constant 1 pip (0.1 lot = USD 1 per pip); we ignore commission, swap and slippage. The total spread cost relative to mid-prices for these 10 round-trip trades is:
Answer key and explanation W13

Correct answer: C. 10 × 1 pip × USD 1/pip = USD 10 in spread costs under the stated constant assumptions. Do not count the same spread twice for opening and closing.

Review: Forex trading journal — R-multiple, expectancy, SQN and MAE/MFE; criterion II.6.

W14. Price slippage is most likely:
Answer key and explanation W14

Correct answer: B. Releases and a thin market increase the risk that the available price will change. Slippage is not limited to offshore brokers or a single order type.

Review: Macro data releases in practice — what was known, what was new, what changed; criterion III.10.

W15. What is the difference between an ordinary stop-market order (with no price guarantee) and a limit order?
Answer key and explanation W15

Correct answer: A. Once triggered, a stop-market order seeks market execution without a price guarantee. A limit protects the price boundary but does not guarantee execution. A stop-limit is a different type.

Review: 9.4, 15.1; criterion III.7.

Glossary: stop-loss.

W16. In a model week with no holidays, the broker uses T+2 spot FX rollover and a rate table that applies weekend financing when the settlement date moves from Friday to Monday. On which day does the triple swap usually occur?
Answer key and explanation W16

Correct answer: C. In the model described, it is Wednesday because of the T+2 settlement shift. Holidays, instruments and the broker’s terms may change the schedule; check the rate table.

Review: Forex spreads, commissions and swaps: what each trade really costs; criterion I.3.

W17. The margin requirement for 1 lot of EUR/USD (EUR 100,000) at 30:1 leverage is approximately:
Answer key and explanation W17

Correct answer: B. 100,000/30 = EUR 3,333.33 in margin under the stated assumptions. Margin is collateral, not the maximum loss.

Review: Position sizing: models for choosing trade size; criterion III.2.

W18. A VPS primarily makes sense when:
Answer key and explanation W18

Correct answer: D. A VPS can keep an EA running independently of your home equipment. It does not inherently reduce spreads, and it also requires security and monitoring.

Review: 15.1; criterion V.5.

W19. An intraday strategy can close a position at its SL or TP within a candle. Why can a test based solely on the candle’s closing price not correctly determine these exits?
Answer key and explanation W19

Correct answer: A. The closing price does not tell you the order in which SL and TP were reached within the candle. A strategy operating only at candle closes would involve a different research question.

Review: 15.3, 15.4; criterion II.10.

W20. Which difference between a demo and a live account must be considered when assessing results?
Answer key and explanation W20

Correct answer: C. Live execution and reactions to actual risk may differ from demo trading. This does not mean that demo spreads are always better or worse.

Review: 15.3, 15.4; criterion II.10.

W21. Revenge trading is:
Answer key and explanation W21

Correct answer: B. Revenge trading describes entries outside the plan motivated by recovering losses, not every position that reverses the previous one.

Review: Trade outcome and decision-making process quality — how to assess decisions independently of results; criterion IV.1.

W22. Five losses in a row, all fully consistent with the plan. The appropriate response is to:
Answer key and explanation W22

Correct answer: D. Existing stop-trading conditions come first. A short streak does not justify doubling risk or, on its own, prove that an edge has disappeared.

Review: 10.5, 10.9, 15.2; criterion IV.2.

W23. Why also record setups you did NOT trade in your journal?
Answer key and explanation W23

Correct answer: A. Recording a setup in advance helps you study selection. The outcome of an unexecuted trade is counterfactual and requires an execution model; it is not an actual profit.

Review: Market screening and the trade checklist — from scanning pairs to clicking “Buy”; criterion II.4.

W24. A profitable FOMO entry outside the playbook is, in process terms:
Answer key and explanation W24

Correct answer: C. Compliance and P/L are separate dimensions. Profit does not erase a violation or, on its own, justify adding intuition to the playbook.

Review: Trade outcome and decision-making process quality — how to assess decisions independently of results; criterion IV.1.

W25. A friend sends you a “sure signal” for a pair that is not in your playbook. A process-consistent decision is to:
Answer key and explanation W25

Correct answer: B. The stated process criterion is unambiguous: no setup in the plan means no entry. A smaller position does not supply the missing justification.

Review: 15.2; criterion II.2.

W26. What leverage limit for major currency pairs did ESMA’s general 2018 intervention regime set for retail CFDs? This question does not concern the separate rules for experienced retail clients in Poland.
Answer key and explanation W26

Correct answer: C. The historical general ESMA limit was 30:1 for major pairs. Do not generalise it to all instruments, jurisdictions and client categories; Poland has a separate experienced retail client category.

Review: Segregation of funds, compensation schemes and a Forex broker bankruptcy scenario; criterion V.1.

W27. What does negative balance protection mean for a retail CFD account covered by it?
Answer key and explanation W27

Correct answer: A. The protection concerns aggregate liability arising from CFDs linked to the account concerned. It is not a compensation fund, a reimbursement guarantee or a 50% cap on a single loss.

Review: Segregation of funds, compensation schemes and a Forex broker bankruptcy scenario; criterion V.1.

W28. A Polish resident enters into a cash-settled CFD privately, outside a business, with no earlier partial settlements. Which event realises the result of this position for tax purposes?
Answer key and explanation W28

Correct answer: D. In the simple case described, closing and settling the CFD realises the result, not withdrawing money from the broker. Partial settlements, other instruments and business activity require the rules to be established separately.

Review: 14.1, 14.2, 14.3; criterion V.4.

W29. The entity with which you want to open an account appears on the KNF’s public warning list. Your conclusion:
Answer key and explanation W29

Correct answer: B. You need to read the specific basis and status of the warning and check the register. The list is not a list of supervised firms, nor does an entry automatically constitute a final court judgment.

Review: 13.5; criterion V.2.

W30. ATR(14) on D1 is 80 pips. The indicator tells you about:
Answer key and explanation W30

Correct answer: B. True range accounts for the relationship of the high/low to the previous close, including gaps; ATR is a smoothed measure. It does not predict direction or guarantee protection from noise.

Review: ATR — defining and calculating volatility; criterion I.5.

W31. Price decisively breaks support and closes below it. The classic role-reversal principle suggests that this level:
Answer key and explanation W31

Correct answer: A. Role reversal is a hypothesis about a possible reaction, not a guarantee. A broken level may, but need not, act as resistance.

Review: Trend, support and resistance: reading price structure using explicit rules; criterion I.5.

W32. Your playbook uses D1 as a directional filter and allows signals against it only after additional confirmation. D1 is bullish; M15 gives a sell signal. What is consistent with this rule?
Answer key and explanation W32

Correct answer: C. The correct decision follows the explicit rule in this playbook. There is no universal ban on all signals opposing D1.

Review: 15.2; criterion II.2.

W33. How do you establish the date and time of the next Employment Situation release (including NFP) for a work plan in Poland?
Answer key and explanation W33

Correct answer: D. The current BLS schedule is the source for the release date and time. Differences in US and European clock-change dates, and changes to releases, rule out relying unconditionally on a memorised Polish time.

Review: Macro data releases in practice — what was known, what was new, what changed; criterion I.8.

W34. A long candle wick rejecting a level (pin bar) communicates:
Answer key and explanation W34

Correct answer: A. A candle shows the price path in a limited, aggregated form. It does not identify participants, prove intervention or guarantee a reversal.

Review: Japanese candlestick patterns — conditions and limitations; criterion I.5.

W35. Which currencies are traditionally described as defensive relative to riskier currencies in risk-off episodes, without any guarantee that they will rise in every such episode?
Answer key and explanation W35

Correct answer: B. JPY and CHF are traditionally classified as defensive currencies. This is a contextual classification, not a rule that they gain in every episode or against every currency.

Review: Safe haven — defensive currencies and the limitations of this classification; criterion I.10.

Part II: scenarios — 10 questions

All situations are synthetic. You assess compliance with the stated rules, not predict the market outcome.

S1. You have an open position with a stop-loss set. The platform loses its connection and does not reconnect after a restart. Your first action is to:
Answer key and explanation S1

Correct answer: C. Use a tested channel with a confirmed scope of operations. An SL alone does not restore control, and an email or support number does not guarantee a quick close.

Review: Crisis management for Forex traders — MT4 outages, fat-finger errors, gaps and tilt; criterion II.7.

S2. You spotted the setup too late; price has already covered more than half the planned move. Your playbook prohibits late entries outside the specified window. What do you do?
Answer key and explanation S2

Correct answer: B. The task explicitly prohibits a late entry. The mere fact that a signal occurred earlier does not justify entering now; record the missed opportunity without chasing it.

Review: Market screening and the trade checklist — from scanning pairs to clicking “Buy”; criterion II.4.

S3. You reach −2R, your written daily limit; in this scenario, 1R means a fixed amount set at the start of the day. The plan prohibits further entries. An A+ setup appears later. Your decision:
Answer key and explanation S3

Correct answer: D. The limit has been reached and the plan rules out further entries. Changing the limit or position size does not create an A+ exception.

Review: 9.8, 15.2; criterion III.4.

S4. Instead of 0.1 lot, you opened 1.0 lot (a fat-finger error). The position is live and slightly in profit. What do you do?
Answer key and explanation S4

Correct answer: A. Remove the excess size, or, if that is impossible, the erroneous position. Profit does not correct the size, and arbitrarily tightening the SL changes the trade’s assumptions.

Review: Crisis management for Forex traders — MT4 outages, fat-finger errors, gaps and tilt; criterion II.7.

S5. For the third time this week, you experience several pips of slippage on entry at the same time of day. The appropriate response is to:
Answer key and explanation S5

Correct answer: C. Analyse existing data and risk; do not build a sample at the cost of unnecessary new positions. Slippage is not automatically manipulation.

Review: Forex trading journal — R-multiple, expectancy, SQN and MAE/MFE; criterion II.6.

S6. Eight profitable trades in a row. You are tempted to raise risk from 1% to 3% “while your luck holds”. A process-based decision is to:
Answer key and explanation S6

Correct answer: B. The streak affects the estimate of the mean, but does not prove a lasting change in the process generating the results. A new risk level does not follow from the streak alone or from a 2% compromise.

Review: Reset protocols: stopping trading and conditions for returning; criterion IV.3.

S7. A position held over the weekend opens on Sunday with a gap 40 pips BEYOND your stop-loss, and the broker executes the SL with slippage. The correct conclusion is:
Answer key and explanation S7

Correct answer: D. An ordinary SL does not guarantee a price during a gap. Assess the specific execution against data and terms, not the mere occurrence of slippage.

Review: 9.4, 15.1; criterion III.7.

S8. NFP is due in 20 minutes. A friend sends a “sure bet” on USD/JPY that meets none of the setups in your playbook, and your plan prohibits new entries ±30 minutes around high-impact releases. What do you do?
Answer key and explanation S8

Correct answer: A. Both the missing setup and the blackout window apply. A micro-sized position or a wider SL does not override the criteria written in the plan.

Review: Macro data releases in practice — what was known, what was new, what changed; criterion III.10.

S9. After a loss, you are preparing a NEW order that has not yet been submitted. Solely out of fear of losing, you want to place the SL at half the distance to the playbook’s invalidation level. What do you do?
Answer key and explanation S9

Correct answer: C. The task concerns a new, unsubmitted order: match the position size to the proper SL or do not trade. This does not authorise moving the SL further away on an already open position.

Review: Position sizing: models for choosing trade size; criterion III.2.

S10. The research plan calls for a review after three months on demo; this is not automatic approval to use a live account. After an excellent first month (+9R), you want to end the study early. Your decision:
Answer key and explanation S10

Correct answer: B. Three months is an assumption in this example, not a validated minimum. Do not shorten the study to suit the result; a review is not an automatic transition to real capital.

Review: 15.3, 15.4; criterion II.10.

Part III: accuracy and confidence — 5 questions

Choose an answer and the probability that it is correct. In the binary convention used here, Brier = the mean of (p − y)², where p is your stated confidence in the chosen answer (0.5–1), and y = 1 for a correct answer and 0 for an incorrect one. The measure ranges from 0 to 1; a lower score is better. We do not separately sum the errors for both categories.

At 100% confidence, an incorrect answer contributes 1 and a correct answer 0; at 50%, both contribute 0.25. Two incorrect answers at 100% and three correct answers at 100% give 0.40. Brier describes the quality of the stated probabilities in this sample, not calibration alone in isolation. An incomplete result is explicitly provisional and is not suitable for comparison with complete attempts.

K1. Negative balance protection on a retail CFD account covered by it allows the client to be charged for losses on linked CFDs beyond the funds in that account. confidence: ________%
Answer key and explanation K1

Correct answer: NO. NO: within the scope described, the protection limits liability to the account’s funds. Do not extend it to other products or client categories.

Review: Segregation of funds, compensation schemes and a Forex broker bankruptcy scenario; criterion V.1.

K2. A limit order may be executed at a better price than specified. confidence: ________%
Answer key and explanation K2

Correct answer: YES. YES: a limit allows execution at a more favourable price, but does not guarantee execution. It does not promise a positive result for the trade as a whole.

Review: 9.4, 15.1; criterion III.7.

K3. An ordinary stop-loss guarantees execution at exactly the specified price. confidence: ________%
Answer key and explanation K3

Correct answer: NO. NO: an ordinary SL may execute at a worse price during a gap or a lack of liquidity. A guaranteed SL is a separate service with its own terms.

Review: 9.4, 15.1; criterion III.7.

K4. With no breakeven trades, a 55% win rate and average gross results of +1R/−1R, a strategy may have a negative average net result after costs. confidence: ________%
Answer key and explanation K4

Correct answer: YES. YES: 0.55 × 1 − 0.45 × 1 = 0.10R gross. An average cost above 0.10R makes the net average negative. Costs apply to all trades.

Review: 9.6, 15.9; criterion I.6.

K5. A high ATR reading indicates the direction in which the market will move over the coming days. confidence: ________%
Answer key and explanation K5

Correct answer: NO. NO: ATR measures volatility, not the direction of future change. High ATR is consistent with both rises and falls.

Review: ATR — defining and calculating volatility; criterion I.5.

Exam result

Forex knowledge exam results sheet

Answer the questions and check your result. An incomplete sheet cannot receive a pass.

How to interpret the result and plan a review

Exam result interpretation and revision protocol matrix
Exam result interpretation and revision protocol matrix
  • INCOMPLETE: fill in the missing answers shown. The figures are provisional.
  • REVIEW NEEDED: the sheet is complete, but at least one W/S threshold has not been met. Return to the indicated questions and lessons.
  • PASS: the author’s knowledge criteria for this set have been met, without any recommendation to open or increase a position.

The preparation checklist and Brier remain separate pieces of information. Do not turn five answers into a label of “overconfident trader”. After reviewing the errors, work through Z1–Z4 and new variants in 16.1. Repeating the same answer key also measures memory. The .ics file suggests a review in 14 days; adjust the date to your work, as it is not a condition for passing. Your next attempt’s score does not have to improve.

FAQ

What is saved in the browser?

The exam script saves answers locally in localStorage and does not send them to a server. The saved data also includes the attempt mode and whether the answer key has been opened. This is not an assurance about all analytics on the website. People with access to this browser profile may see the answers; clearing browser data may delete them. If storage is blocked, the quiz works until the page is closed.

Why can I not see my answers from version 1.0?

Version 2.0 changed the content and the meaning of the result compared with 1.0, so 1.x data remains separate. Version 2.1 retains the questions, answer key and thresholds from 2.0: it restores those answers, marking the earlier mode as unspecified. Incompatible or corrupted data is not overwritten automatically; a message explains why the current answers are not being saved. After confirmation, “Clear answers” removes the current 2.x record, not data belonging to other tools or version 1.x.

Does a decoded record confirm someone’s skills?

No. The code contains a self-declared record that can be edited. There is no signature, identity verification or external validation of the result. The page records the opening of its own answer key, but does not monitor materials from other sources. Reading the code shows a summary; it does not restore answers in the form.

Related course material

16.1 — gap checklist, matrix and tasks · 15.9 — journal and metrics · 15.4 — limitations of testing

Sources and scope of verification

Editorial verification: 18 September 2026. The thresholds, numerical examples, timings and exercise sample sizes are the author’s choices; they are not a validated standard, tax advice or a product appropriateness assessment.

Exam version: 2.1. Educational material.

Read the separate scores before interpreting a verdict

A hypothetical scoring example with three additional exercises. These exercises are separate from the exam and do not enter its score.

Keep the exam rules beside the example

The exam above uses separate knowledge and scenario thresholds. In its current rules, W requires at least 28 correct answers out of 35 and S at least 8 out of 10. All 50 questions, including the five K questions, must be answered before a PASS verdict. K accuracy and confidence are reported separately, with no Brier pass threshold.

These are the exam author’s teaching thresholds, not a validated readiness standard. The additional exercises here are outside that attempt and supply no answers to its individual questions.

A strong combined percentage can still miss one condition

In a hypothetical completed attempt, all questions are answered. W has 30 correct answers and S has 7. W passes its own threshold; S misses its threshold by one. Combining W and S gives 37 correct out of 45, approximately 82.22%. That descriptive aggregate does not replace the separate required conditions.

The five K responses are complete, but we have not supplied their correctness or confidence probabilities. Do not invent a Brier value or add K as extra points that rescue S.

Completion and recalculation are additional states

In another attempt, W has 30 correct and S has 8. Every W and S question is answered, but only four K questions have responses. That is 49 answered out of 50. The two accuracy thresholds are met, yet the stated completion condition is not.

A later answer changes the evidence; it does not silently update an earlier calculated result. Use the exam’s scoring control to recalculate. Opening an actual exam answer key marks the attempt as practice under its rules; closing it does not restore independent status.

Translate the result into work to review

Record the mode, completion state, W and S separately, K information and result version. A passing teaching score cannot establish a profitable strategy, authority to provide services or suitability to deposit money. Use missed topics to choose a course review task.

The three additional solutions below explain this worked example. They do not reveal individual exam answers or add scored questions. Preserve your actual attempt’s declared use of reference material.

Three exercises with explanations

1. What follows for the completed first attempt?

W 30/35; S 7/10; all 50 answered. Required W 28/35 and S 8/10.

  1. A. PASS because the aggregate exceeds 80%.
  2. B. W meets its threshold; S does not, so the required conditions are not all met.
  3. C. K automatically supplies a missing S point.
  4. D. No W question was answered.
Show the answer and explanation

B. 30≥28, but 7<8. Keep the two denominators visible.

  • A. The aggregate is descriptive, not the exam’s replacement rule.
  • B. Both separate conditions must hold; the scenario score is below its required count.
  • C. K does not add points to S.
  • D. The supplied W result contradicts that statement.

2. What is the descriptive W-plus-S percentage?

The first attempt has 30+7 correct out of 35+10 questions.

  1. A. 37%
  2. B. 80%
  3. C. Approximately 82.22%.
  4. D. 100%.
Show the answer and explanation

C. 37/45×100≈82.22%; this number does not override the separate thresholds.

  • A. That treats a count as a percentage.
  • B. That is not this supplied ratio.
  • C. The aggregate is 37/45, rounded to two decimals.
  • D. Not all answers are correct.

3. Can the second attempt meet the full PASS conditions yet?

All W/S questions answered; W 30, S 8; only 4 of 5 K responses, hence 49 of 50 total.

  1. A. Yes; K can always be omitted.
  2. B. Yes; a strong score completes missing answers.
  3. C. Yes; there is no completion rule.
  4. D. No; one required response remains missing.
Show the answer and explanation

D. Complete the missing response and recalculate; do not relabel the earlier incomplete result.

  • A. K is separate from pass accuracy thresholds but still part of completion.
  • B. Correctness does not fill an unanswered question.
  • C. The stated rules explicitly include completion.
  • D. The native rules additionally require all questions answered.

Return to the tool

Jarosław Wasiński

Jarosław Wasiński

Editor-in-chief, ForexMechanics.com • Macro & FX analyst

Independent analyst and practitioner with over 20 years of experience in financial markets. Actively involved in Forex since 2007, with a focus on fundamental analysis, OTC market structure, and disciplined capital risk management.

  • Creator and editor-in-chief of MyBank.pl, providing reliable financial education since 2004.
  • Author of hundreds of in-depth market commentaries, structural analyses, and educational materials for traders and investors.
  • Advocate for market transparency, promoting education grounded in hard data and institutional reports (BIS, ESMA, CFTC).

All content is educational and informational only – it does not constitute investment advice or a recommendation. Remember: leveraged trading (Forex/CFD) carries a high risk of rapid capital loss.