However, with the expansion of binary options, OTC has also grown tremendously. Various innovations have emerged, like the blockchain type, for instance. With OTC, it is now even more feasible to trade classic instruments.

Knowing how to trade assets with OTC is essential if you are a binary trader. So, you must also know how to trade OTC assets during the weekends with your broker. That will help you increase the profit margin. Also, if you have a broker like IQ Option by your side, you can enjoy trading each day of the week without any interruption. Let’s discuss OTC assets on IQ Option.
What you will read in this Post
(Risk warning: You capital can be at risk)
IQ Option OTC Assets – How to use it
IQ Option offers an OTC trading facility from Friday to Sunday. That means you can constantly trade the OTC currency pairs on forex starting from 21:00 UTC Sunday until 21:00 UTC Friday. All a trader needs to do is:
- Go to the fixed time trades on the platform.
- Choose the asset by scrutinizing the rate of returns.
- Begin trading with those assets during the weekend hours
The OTC session commences the moment the main session closes for the week. Moreover, it stays open for 48 hours; you can begin the OTC trades within that duration.
A trader can also make a note of the fact that IQ Option allows trading cryptocurrencies during the weekends as well. With the OTC trades, a trader gets an additional opportunity to earn more profits in a week. But, a trader should not get carried away and trade all the assets in one go. It is always recommendable to take a break from time to time and continue your trades with a calm and focused mind.
What is OTC?
OTC is not a very old concept in trading. Many traders must already know what it means and the benefits of OTC in any trading format. Especially with binary options, it has now extended its reach significantly. Conventionally, OTC implied trading in the markets. That made it possible to buy and sell shares of the companies that did not publish their profits.
We can translate OTC to its full form as Over-the-counter. It is nothing but a process in which the trader can exchange securities. However, in OTC trades, such an exchange occurs through a broker-dealer network. Over-the-counter trades can involve instruments like equities, debt instruments, and derivates that derive their price from an underlying asset.
The main objective of the over-the-counter process is to facilitate trading directly between the counterparties. Moreover, the OTC assets don’t have to be listed on a stock exchange. Therefore, even a small company that does not appear on the list can easily enter the trading by offering its shares.
OTC increases the asset’s availability and also the buyer’s. Often, certain companies do not meet the requirements to place their names on the exchange’s list. So, they can utilize the OTC exchange to trade their shares and securities and prevent their losses effectively. On the other hand, the trader gets to choose from more number of securities that may be available at cheaper rates.
Also, the OTC trading process is decentralized. That makes it more favorable to the traders as the restrictions are lower.
(Risk warning: You capital can be at risk)
Which are the OTC assets available with IQ Option?
To choose OTC, a trader can go to the ‘fixed time tab’ on IQ Option. It will show the list of assets that are available with IQ Option. However, from our analysis, we can emulate that IQ Option offers many assets in OTC. For example, seven assets are currency pairs, and one is a commodity. They are namely; GBPUSD, AUDUSD, EURUSD, USDCAD, USDCHF, and NZDUSD, among the currency pairs and gold in commodity.
Available OTC Markets:
- USD/SGD (OTC)
- USD/CHF (OTC)
- EUR/GBP (OTC)
- EUR/JPY (OTC)
- NZD/USD (OTC)
- AUD/CAD (OTC)
- EUR/USD (OTC)
- USD/HKD (OTC)
- USD/ZAR (OTC)
- GBP/USD (OTC)
- GBP/JPY (OTC)
These assets are available for Fixed Time Trades. Moreover, you can also view the rate of return for each asset beside it. An option shall also be available, clicking on which will provide you with more information.
Now, let us know a bit more about binary options.
How to trade Binary Options on OTC assets on IQ Option
The potential of binary options is not hidden anymore. It is visible from the craze created during the past twenty years.
Binary options are a sensational online trading method that mainly focuses on increasing one’s wealth. It enables one to trade and earn profits by buying and selling multiple assets. Since 2008 it has constantly evolved and has replaced all other conventional trading methods.
A binary trader enjoys the benefit of not standing in long queues while physically visiting different exchanges for different assets.
Instead, a binary trader can easily place a bet just by moving her mouse. Even a device like a smartphone is sufficient to execute a trade. Accomplishing a trade was never this easy.
Binary options trading is the swiftest way to earn profits and grow your wealth. It does not require you to follow a long procedure to enter a trade. Instead, with binary options, the execution of a trade depends on just two outcomes. A trader can only predict whether the asset’s price will rise or not by choosing a yes or no proposition.
If the trader’s outcome prediction is accurate, it can result in a profit. The profits from binary options can reach up to 80-85% in returns. That is not possible with any other financial contracts. But at the same time, a dual outcome also makes it riskier than other trading methods. One wrong prediction can result in a total loss of the bet.
As a binary trader, you must focus on developing a sound strategy and trading plan to reduce the losses. Such a systematic approach will be beneficial in winning more trades. A binary broker like IQ Option can be useful in doing all of that together. It can provide you with useful strategies and guide you to win trades efficiently. Moreover, you can practice your strategies with their demo trading account.
Missing to reach out to such a reliable broker is one of the prime reasons behind a trader’s loss. With a broker like IQ Option’s help, you can increase your winning probability and trade freely during market working hours.
However, the IQ Option also gets the benefit of trading over the weekends since IQ Option also offers OTC assets. It means those assets not listed on the exchanges can also be traded aftermarket hours.
Although a broker can help you significantly reduce the losses. However, you must keep in mind that losing is an inevitable part of trading. One cannot completely eliminate the chance of losing a trade. People who skip this fact do not sustain in the trading business, be it the usual or OTC trades.
(Risk warning: You capital can be at risk)
About IQ Option
IQ Option is a binary trading broker that has come a long way since 2013. It is new to the binary business, yet it has managed to create a reliable name for itself.
Since its establishment, it has continuously been helping millions to fulfill their trading dreams. Its distinguished service is visible from the numerous awards and honors it has received.
Since it is an award-winning broker, global news agencies have not stayed behind in featuring it. In 2017 IQ Option also added the excellence award and the award of the best trading platform to its portfolio.
We can get an idea of its reliability by looking at the wide user network it possesses. More than 86000000 registered users are already enjoying the benefits of being IQ traders. They actively trade and generate a monthly volume exceeding $380,000,000. Such a huge trading volume may also indicate that many people already execute OTC trades as well.
IQ Option trading platform
IQ Option is unique in many ways, but one of the most lucrative features is its proprietary trading platform. This platform offers a user-friendly interface for easy trading. It is an easy-to-operate platform that lets a trader benefit from several advanced trading tools.
It includes trading tools such as technical analysis, multi-chart layouts, economic calendars, etc. However, you can also utilize other additional tools such as stock screeners, historical quotes, volatility alerts, etc., for a smarter trading approach. All these tools and indicators contribute to a small part of its feature portfolio.
A trader receives the latest news and market updates additionally with this platform.
Since this platform is also available in 13 languages, it makes it easier for traders across the world to utilize its benefits. Such benefits make this platform competent with market leaders like eToro.
A trader using this platform can also view the currency value over time on its main screen. This feature is particularly beneficial for forex traders. They can use this information while buying and selling the currencies.
Through the right side of the screen, the traders can buy and sell those currencies simplistically. Further, the platform also shows the available trading account balance on the top of the screen. This information is visible along with the current asset’s details, making it easier for traders to monitor their trades.
So, IQ Option can serve as the perfect broker for all binary trading brokers, irrespective of their trading choices, Be it a regular trade or an OTC trade.
Conclusion: Weekend trading is available via OTC assets on IQ Option
OTC trades provide a greater opportunity to increase the profits for those traders who wish to continue trading over the weekends. IQ Option is a broker that also offers assets for OTC trading. The traders can use them for trading during the weekends after the standard working hours and try to earn more profits.
(Risk warning: You capital can be at risk)