Lesson 8 of 84:005 Sources
Level 5 review and level test

Video coming soon
Educational content, not investment advice. Nour explains how markets work. She never tells you what to buy or sell.
Level 5 took you from theory to practice.
- Choose a broker by licence (verified on the regulator's register), total cost, execution and withdrawals.
- Complete KYC before depositing, with one matching name everywhere.
- Know MT5's five parts, open charts and add indicators.
- Trade with a written plan, 1% risk sizing, stops set from the start and a journal.
- Deposit and withdraw in your own name via official channels; never pay to withdraw.
- Train demo → cent → small real; use signals and copy trading as tools, not replacements for understanding.
Score 80% on the 10-question test to earn the "Qualified Trader" certificate.
Review and level test
This lesson recaps the whole level. When you're ready, take the 10-question test.
Take the testSources
Every fact in this lesson is backed by the sources below.
- 1.FCA — How to check a firm or individual is authorisedVerifying a firm's authorisation on the regulator's register (Lesson 1 recap)
- 2.FATF Recommendations — Recommendation 10: Customer due diligenceRecommendation 10 customer due diligence (Lesson 2 recap)
- 3.MetaQuotes MT5 Help — Platform interfaceMT5 interface parts (Lesson 3 recap)
- 4.FTC — What to know about cryptocurrency and scamsCrypto payments typically not reversible; pay-to-withdraw scams (Lesson 5 recap)
- 5.IOSCO — Final reports on finfluencers and online imitative trading (19 May 2025)Investor harm from automated copy trading (Lesson 7 recap)
Educational content, not investment advice. Risk warning: trading forex, CFDs, gold and crypto carries a high level of risk and may not be suitable for everyone. You can lose more than you put in. Souq Daily is an education platform. Nothing here is investment advice, a recommendation or an offer, and past performance does not predict future results.