Avg. Base Salary (USD)
The average salary for a Foreign-Exchange Trader is $75,923
What is the Pay by Experience Level for Foreign-Exchange Traders?
An entry-level Foreign-Exchange Trader with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $54,000 based on 5 salaries. An early career Foreign-Exchange Trader with 1-4 years of experience earns an average total compensation of $60,590 based on 26 …Read more
What Do Foreign-Exchange Traders Do?
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 …Read more
- Analyze currency markets and reports.
- Manage accounts, and meticulously track losses and profits.
- Buy, sell and exchange foreign currencies to exploit fluctuations in markets and increase profitability.