Foreign-Exchange Trader Salary

Foreign-Exchange Traders in the United States can expect wages of $85K annually on average. Career length is the biggest factor affecting pay for this group, followed by geography. Male Foreign-Exchange Traders are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Most Foreign-Exchange Traders report high levels of job satisfaction. Medical benefits are awarded to most, and a strong majority earn dental coverage. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$40,000 - $152,605
$40K
$80K
$150K
MEDIAN: $80,000
10%
50%
90%

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$0$215K
Salary $40,000 - $152,605
Bonus $1,521 - $98,633
Profit Sharing $6,000
Total Pay (?
XTotal 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.g. healthcare).
)
$40,851 - $215,317
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 39

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Foreign-Exchange Trader

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.

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Foreign-Exchange Trader Tasks

  • Buy, sell and exchange foreign currencies to exploit fluctuations in markets and increase profitability.
  • Manage accounts, and meticulously track losses and profits.
  • Analyze currency markets and reports.

Foreign-Exchange Trader Job Listings

Pay by Experience Level for Foreign-Exchange Trader

Pay by Experience for a Foreign-Exchange Trader has a positive trend. An entry-level Foreign-Exchange Trader with less than 5 years of experience can expect to earn an average total compensation of $74,000 based on 25 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Foreign-Exchange Trader with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $86,000 based on 10 salaries. An experienced Foreign-Exchange Trader which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $100,000 based on 6 salaries. A Foreign-Exchange Trader with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $140,000 based on 5 salaries.

Key Stats for Foreign-Exchange Trader

Gender

Female
29 %
Male
71 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.
Less than 1 year
10%
1-4 years
40%
5-9 years
21%
10-19 years
14%
20 years or more
14%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Foreign-Exchange Trader Salaries

Late-Career
▲49%

Experienced
▲7%

National Average
$93,000

Mid-Career
▼8%

Entry-Level
▼21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.

Gender

Female
29 %
Male
71 %

Years of Experience

Less than 1 year
10%
1-4 years
40%
5-9 years
21%
10-19 years
14%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 70%
vision benefits
Vision: 70%
no benefits
None: 19%
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