Based on the answers you didn't get right, here are some recommended links to help fill in your current knowledge gaps.
For Question #1 Read:Why Trade Forex: Advantages Of Forex Trading The forex market is a seamless 24-hour market. There is no waiting for the opening bell. From the Monday morning opening in Australia to the afternoon close in New York, the forex market never sleeps.
For Question #2 Read:Why Trade Forex: Forex vs. Futures Overnight markets in futures contracts do exist, and while liquidity is improving, they are still thinly traded relative to the spot forex market.
For Question #3 Read:Why Trade Forex: Advantages Of Forex Trading In forex trading, a small deposit can control a much larger total contract value. Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum.
For Question #5 Read:Why Trade Forex: Forex vs. Stocks Heard about a certain Internet stock and an analyst of a prestigious brokerage firm accused of keeping its recommendations, such as “buy,” when the stock was rapidly declining? It is the nature of these relationships. No matter what the government does to step in and discourage this type of activity, we have not heard the last of it.
For Question #6 Read:Why Trade Forex: Forex vs. Futures In the forex market, $5.3 trillion is traded daily, making it the largest and most liquid market in the world. This market can absorb trading volume and transaction sizes that dwarf the capacity of any other market. The futures market trades a puny $30 billion per day.
For Question #7 Read:Why Trade Forex: Forex vs. Futures In the futures market, your position may be liquidated at a loss bigger than what you had in your account, and you will be liable for any resulting deficit in the account.
For Question #8 Read:Why Trade Forex: Advantages Of Forex Trading Demo accounts are very valuable resources for those who are “financially hampered” and would like to hone their trading skills with “play money” before opening a live trading account and risking real money.
For Question #10 Read:Why Trade Forex: Advantages Of Forex Trading Online forex brokers offer “mini” and “micro” trading accounts, some with a minimum account deposit of $50. We are NOT saying you should open an account with the bare minimum, but it does make forex trading much more accessible.