Frequently asked questions

New to trading or just have a few questions? We have got you covered.

GENERAL FAQ

What is forex trading?

Forex trading is the buying and selling of currencies with the goal of making a profit. For example if you believe the US dollar will rise against the euro, you buy that currency pair and sell it when the price moves in your favour. It is the largest financial market in the world and runs 24 hours a day, five days a week.

How much money do I need to start trading forex?

You can technically start with as little as $10 to $50 depending on your broker. However, we always recommend starting on a demo account first practice with virtual money until you are consistently profitable before risking real funds.

What is a currency pair?

A currency pair is simply two currencies traded against each other. For example EUR/USD means you are trading the Euro against the US Dollar. The first currency is what you are buying and the second is what you are selling. Majors like EUR/USD, GBP/USD and USD/JPY are the most popular pairs for beginners.

What is a pip?

A pip is the smallest unit used to measure price movement in forex. For most currency pairs, one pip equals a move of 0.0001. It is how traders measure how much a price has moved and calculate profit or loss.

What is a spread?

The spread is the small difference between the buying price and the selling price of a currency pair. It is essentially the cost of placing a trade and is how most brokers make their money. The tighter the spread, the less it costs you to trade.

What is leverage in forex?

Leverage allows you to control a larger position in the market with a smaller amount of your own money. For example, with 1:100 leverage, you can control $10,000 with just $100. While leverage can increase your profits, it can also increase your losses so it must be used carefully and with proper risk management.

What is the best time to trade forex?

The most active trading times are when major market sessions overlap. The London and New York session overlap between 1pm and 4pm UTC tends to offer the highest trading volume and the best opportunities. The best time for you also depends on which currency pairs you trade.

What is price action trading?

Price action trading means reading the market using only the raw price movement on a chart — no indicators, no complicated tools. Traders who use price action study how price moves, where it has been before and what patterns it forms to predict where it is likely to go next. It is the foundation of everything taught at TradeWithOTC.

How long does it take to become a consistent forex trader?

There is no fixed timeline but most traders who are serious and disciplined start seeing consistency between six months to two years. The key is not to rush the process focus on learning properly, practice on a demo account and build your skill before going live.

Is forex trading risky?

Yes, like any financial market there is real risk involved. You can lose money, especially without proper education and risk management. That is exactly why learning the right way from the beginning matters so much. The traders who blow accounts are usually the ones who skipped the learning process.

Can I trade forex alongside my regular job?

Absolutely. Most traders start part time while keeping their main income. With the right strategy and timeframe structure, you can analyse the market and place trades without needing to sit in front of a screen all day.

What platform is used for forex trading?

The most common platforms are MetaTrader 4 (MT4), MetaTrader 5 (MT5) and TradingView. At TradeWithOTC we use TradingView for analysis and our Smart Signal System indicator is also built on TradingView.

COMMUNITY FAQs

What is the Optimal Traders Circle?

It is our trading community where members share live market ideas, join training sessions, watch livestreams and support each other on the journey to becoming consistent traders.

How do I join the community?

You can join through the pricing or community page. Once you are in, you will get immediate access to all community activities and resources.

How active is the community?

Very active. We share regular market analysis, host livestreams and run combined training sessions to keep every member engaged and growing.

Can beginners join the community?

Yes, and we actually encourage it. Being surrounded by more experienced traders while you are still learning speeds up your growth significantly.

Will I get personal attention in the community?

While the community is a group setting, questions are welcomed and answered regularly. For more personal attention, our one-on-one private class is the best fit.

What market does TradeWithOTC focus on?

We focus primarily on the forex market using price action, market structure and the OTC Concept, a complete trading system built from over a decade of live trading experience.

BOOKS FAQs

What kind of books are available?

Our books are practical trading guides written from real market experience. They cover topics like price action, market structure, trading psychology and building a personal trading system.

Are the books suitable for complete beginners?

Yes. The books are written in plain, simple language so that anyone regardless of their background can read and apply what they learn directly to the charts.

Are the books digital or physical?

Our books are available as digital downloads so you can access them instantly from anywhere in the world right after purchase. Also, physical books are available on Amazon

Can I read the books on my phone?

Yes. The books are in PDF format which works on any phone device, tablet or computer.

Do I need to read the books before taking a course?

It is not required but it definitely helps. Reading first gives you a solid foundation that makes the courses even easier to follow.

COURSES FAQs

What courses are available?

We offer courses built around the OTC Concept covering everything from the basics of price action to advanced topics like top-down analysis, market structure, candlestick formation and entry strategies.

How are the courses delivered?

All courses are delivered digitally. Once you purchase, you get access to the course material and can go through it at your own pace from any device.

How long does it take to complete a course?

It depends on the course and how much time you dedicate to it. We encourage you not to rush take your time, revisit lessons and practice on a demo account as you go.

Will I be able to trade live after completing a course?

The goal of every course is to prepare you for live trading with real confidence. However we always recommend starting on a demo account first to practice what you have learned before going live.

What is the OTC Concept?

The OTC Concept is a complete trading system developed from over a decade of live market experience. It combines top-down analysis, market structure, candlestick formation, chart patterns and a specific timeframe structure to help traders find high quality setups consistently.

Is there support if I get stuck during a course?

Yes. You can always reach out through the contact page or inside the community where fellow traders and the team are available to help.