Avg. Base Salary (USD)
The average salary for a Foreign-Exchange Trader is $89,524 in 2023
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 $57,325 based on 11 …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
How do Foreign-Exchange Traders Rate Their Jobs?
FAQs About Foreign-Exchange Traders
What is the highest pay for Foreign-Exchange Traders?
Our data indicates that the highest pay for a Foreign-Exchange Trader is $293k / year
What is the lowest pay for Foreign-Exchange Traders?
Our data indicates that the lowest pay for a Foreign-Exchange Trader is $34k / year
How can Foreign-Exchange Traders increase their salary?
Increasing your pay as a Foreign-Exchange Trader is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Foreign-Exchange Trader that oversees more junior Foreign-Exchange Traders, this experience can increase the likelihood to earn more.