Posts

Showing posts with the label What is the OTC market?

What is OTC Over the Counter Market in Forex?

Image
How OTC works?  What are the risks of trading in OTC? and many more questions are answered in this article. What is OTC Market? OTC market is a non-centralized Over Counter forex currency dealer. Their currency exchange rates are posted on weekends on platforms like IQ Option , Olymp Trade, Pocket options, etc... for traders who trade on weekends. Being a price action trader of binary options for 3 years now, I have done a lot of research on the OTC market price action because my observation is, OTC market price movement is very different from the regular forex market. In this article, I will address the most common concerns of traders such as, Why am I not able to make profitable trades in the OTC market when compared to regular forex trading? This is due to the price movement of the OTC market being very different from the regulated weekly forex market. The main reason behind this is that in the regulated forex market traders around the world invest whereas and the number of traders