Trading.md teamUpdated: August 21, 2026Test duration: ~8 minutes

Appropriateness Test for trading

Check whether you are ready for trading: your profile, your experience and 12 questions about risk. You receive a spectrum verdict, with recommendations on the themes where you still need work.

12 scored questions~8 minutesFree, open to anyone

What this test is. It is the same type of assessment that EU-regulated brokers require before opening a real account for you, under MiFID II rules: your knowledge and experience with complex instruments such as CFDs. You take it here first as a self-assessment, so you know where you stand before reaching the broker. The result here does not replace the broker's official test, which has its own regulated consequences: if that assessment shows you are not ready, the broker warns you, and some brokers limit or postpone account opening. Trading.md is a consulting, education and intermediation company — not a broker.

How the result is saved. If you are authenticated, the result is saved in your Cabinet history as an Evaluation report, with one attempt per day. Without authentication, the test stays incognito: the result appears only on screen and is not saved.

How it works

The test has three modules. The first two are not scored and outline the context; the third is scored. The final verdict is not pass or fail — it is a position on a spectrum, combined with the experience you declare.

No score

1 · Your profile

Objective, time horizon, reaction to losses and source of funds. They are not scored, but the verdict takes them into account.

No score

2 · Experience

What you have done so far: nothing, demo account or real account. The same score receives different recommendations depending on practice.

Scored

3 · Knowledge — 12 questions

Four themes: leverage, margin and loss of capital; real execution and costs; the nature of CFDs, the counterparty and regulation; the capacity to bear losses. Questions rotate on every attempt.

Self-assessment

Start the self-assessment

Answer at your own pace — there is no time limit. At the end you receive the verdict, the breakdown by theme, the explanation for each question and recommendations suited to your level.

4 profile questions + 2 experience questions (not scored) + 12 knowledge questions (scored)

Questions and answer order change on every attempt

The verdict is on a spectrum — there is no pass or fail

How the result reads

0–6You are not ready yet

7–9Partly prepared

10–12Ready for the next steps

The band is combined with the experience you declare — the same score receives a different verdict depending on practice. There is no passing grade, and the test only makes sense if you answer honestly, not if you repeat it until the desired band comes out.

You are in incognito mode. The result appears only on screen and is not saved. If you take the test from the Cabinet, you receive an Evaluation report saved in your history.

What comes after the test

The test checks whether you understand risk before putting your money into a trading account — not the material of a course. If you want to move from understanding risk to a working method built with a mentor, the courses are the next step; the other public tests are in the hub.

Course “Trading Level 1 · Market Fundamentals”

From market fundamentals to your first demo account: markets, instruments, orders, leverage, risk management — with guided practice and a mentor.

View course

All evaluation tests

The Appropriateness Test for investing and the CNPF exam simulation — in the tests hub.

View tests hub

Risk note. Trading on financial markets involves risks, including loss of the invested capital. This test is educational: it does not constitute investment advice, does not recommend instruments or trades and does not guarantee results. CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage: between 74% and 89% of non-professional investor accounts lose money when trading CFDs. Make sure you understand how these instruments work and whether you can afford the high risk of losing your money.