Trading leveraged FX and CFDs is high risk and can result in rapid losses. Read the risk notice

FREE FOREX MATHS PRACTICE

Make pips, lots and risk click.

Fourteen visual questions connect a price quote to the cash risk on a fictional trade. Pick an answer and see the full calculation, plain-English reasoning and the mistake that often catches people.

Pairs and quotesQuestion 1 of 14

Matched0 / 0

0 of 14 questions answered

Question 1 ready.

Read the pair from left to right

What does EUR/USD 1.0850 mean?

The first currency is the base. The second is the quote, which tells you what one unit of the base costs.

READ LEFT TO RIGHT

EUR/USD

Base: EUR 1
Quote: USD 1.0850

Pair: EUR / USD
Price: 1.0850
Base: EUR
Quote: USD

Choose one answer

EUR 1 costs USD 1.0850USD 1 costs EUR 1.0850Both currencies are worth USD 1.0850The quote is a percentage return

Choose an answer to reveal every step. Your first choice counts for this run; nothing is stored.

NEED A SLOWER WALK-THROUGH?

Learn it, calculate it, then quiz it again.

The beginner lessons explain the language first. The dedicated guide then joins units, pip value, margin and risk in complete worked examples before you return for another run.

Open the beginner quote lesson Read the pips, lots and margin guide Use the pip value calculator Use the position-size calculator