Junior fx dealer salary
Add this chart to your site: Foreign-exchange traders are responsible for conducting financial trading in foreign currencies across the globe on behalf of their company. These professionals use their expertise to buy and sell certain currencies and stock options at specific time intervals. Some of their main responsibilities include keeping up to date on currency exchange rates, market volatility, and recent events that can change the value of different currencies in different countries.
They receive recommendations and strategy information from the senior foreign exchange trader in their organization. They generate profitability and income for their company by executing trades and generating spread income. They have strong interpersonal skills to communicate in person, over the phone, or through electronic means to reach all trading goals within an specific timeline. They work in a fast-paced environment where stress is high, as there is pressure to buy and sell hedging products with very specific time frames.
Foreign-exchange traders also provide advice when opening and closing foreign exchange accounts. They build rapports with clients and generate more business for their firm.
In addition, these professionals are in charge of facilitating and reviewing financial contracts. They make sure that these contracts comply with trading desk procedures and federal regulations for financial security and privacy.
Foreign-exchange traders have excellent technical skills to position and acquire different foreign products and to automate processes as much as needed. These professionals can work independently or as junior fx dealer salary of cross-functional teams.
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A bachelor's degree in finance, economics, accounting, or a related field is required for this position. In addition, previous years of experience as a trader can be helpful.
Pay by Experience for a Foreign-Exchange Trader has a positive trend. Average total compensation includes tips, bonus, and overtime pay. Cost of Living Calculator. What are you worth? Find out what you should be paid. PayScale in the News. What am I worth? What should I pay?
Experience level amazing binary options strategies virtual trading the biggest factor affecting pay for this group, followed by geography.
Medical benefits are awarded to most, and a strong majority earn dental coverage. The vast majority of Foreign-Exchange Traders 80 percent survey respondents are men. The majority of workers are highly satisfied with their job. The numbers in this rundown were provided by PayScale's salary survey participants.
X All compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job. X Total Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity stock compensation, cash value of retirement benefits, or the value of other non-cash benefits e.
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Find Out Exactly What You Should Be Paid Job Title: Job Description for Foreign-Exchange Trader. Manage accounts, and meticulously track losses and profits. Buy, sell and exchange foreign currencies to exploit fluctuations in markets and increase profitability.
Foreign-Exchange Trader Job Listings. Pay by Experience Level for Foreign-Exchange Trader.
Key Stats for Foreign-Exchange Trader. Years of Experience Less than 1 year. Experience Affects Foreign-Exchange Trader Salaries.
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