Since brokers will hire you, a basic knowledge of forex is needed. You need trading experience from previous work, or you have been actively trading yourself for at least one year. You will also need good writing and presentation skills to be successful. Lastly, you should be aware of the latest news and trends in economics, politics, and other world events.

This position goes by other names like the institutional trader or professional trader. It guards the money of forex traders and decides on behalf of the clients. Account managers get used by all types of traders. Big banks and institutions, companies, and retail traders all rely on their expertise.

It is a sought-after position that has a lot at stake. First, since they have access to the trading funds, every decision they make can bring large profits or substantial loss of money. Second, they can affect the reputation of the brokerage firm that they represent. You will not trust a broker that has forex account managers that loses the money of their clients consistently and continuously.

Third, it affects his professional career. Building a good reputation in forex trading requires the effective management of funds that rakes in profits. A good forex account manager can get more clients through positive reviews and referrals from previous and current clients.

They need prior experience in trading assets with proven results to show that they have successfully managed the funds. In addition, they must be experts in using at least one trading platform. While most brokers have their trading platforms and differ in some ways, the basic features are common to all. Things like currency listings, charting, and placing orders are present on all platforms. For institutional traders, they must be familiar with other investment assets. These include commodities, derivatives, and options.

And they need a solid track record to prove their expertise. Heard of the names CFTC, NFA, CYSEC, FSA? Yes, these are regulators authorized by the state or country to monitor the activities of brokerage firms operating in their jurisdiction. These regulators have a wide range of functions, from licensing brokers to monitoring their activities. They also mediate and resolve conflicts and report to Congress, among other things.

And because of the wide range of services they offer , they need different specialists for every function. You will see auditors, investigators, lawyers, economists, and futures management specialists in their offices. Here are the various positions available and the minimum qualification for each:. Professionals holding this function are also called forex exchange operations or trade audit associates. They provide back-end support which is vital to the operations of the company.

It includes the creation of new trading accounts and the validation of IDs and requirements. It also handles the processing of deposits and withdrawals. They also provide round-the-clock customer support. To qualify, applicants need to be graduates of business management, accounting, or finance.

They also need a basic to advanced understanding of the forex market. The more senior positions require previous trading experience. These people are the brains behind your favorite trading platform like the MetaTrader 4. They create these programs that allow clients to see the active currencies trading, show forex charts, and place their orders. You will also need working knowledge of the different operating systems, programming languages, databases, and web security protocols.

Executive Forex is currently looking to recruit target driven and confident sales representatives. Basic 12k with excellent commission and incentives. Full in house training provided. queries executiveforex.

com Forex. Financial Services Agency FSA, Japan. Australian Securities and Investments Commission ASIC, Australia. Software Developers; Like most industries, the use of technology is also on the rise in the Forex industry. Forex Operations; Forex brokers and dealers will require people to manage various operations in their back-offices. Some Perks of Working in the Forex Industry; The Forex industry is global providing opportunities to work abroad and experience various cultures and lifestyle.

Some of the major Forex hubs include the United Kingdom London , United States New York , Japan Tokyo , Singapore, Switzerland Geneva , China Hong Kong , Australia Sydney , and France Paris. Emerging hubs especially in the retail Forex trading sector are also in the rise with centres such as Limassol, Luxembourg, Seoul and Dubai. With most Forex companies having a presence and offering services online; the Forex industry also offers remote working opportunities.

Most operations in the Forex industry run 24 hours a day with the Forex market being the largest in terms of trading which adds to the number of job opportunities available.

The Forex industry, and the Forex market specifically, is very large and liquid offering job opportunities to people who would like to work in more exciting and fast paced environments. The industry offers jobs for all experience levels entry, mid and senior levels as well as different contract types full time, part time etc.

Different remuneration packages are available to employees in the Forex industry due to its huge size including salaried, contractual and commission based positions. The Forex market trading volume is estimated at 4x the size of the global Gross Domestic Product and about 53x the daily volume of the New York Stock Exchange.

The most traded currency pairs in the global Forex market are EURUSD, USDCHF, GBPUSD, USDJPY, AUDUSD, NZDUSD and USDCAD. Over different currencies make up the global Forex market with Deutsche Bank being the largest dealer in foreign exchange.

Retail Forex trading transactions only comprise of about 5. Technology; Metatrader has built the most popular retail trading platforms in the world with Metatrader 4 platform leading as the most popular platform followed by Metatrader 5. Automated trading has been on the rise due to creation of online retail Forex trading platforms.

Conclusion; Financial institutions are increasing their capital allocation dedicated to Forex related activities due to the lucrative nature of the Forex market. Search Reset. Forex Trading School Courses Novice Level Courses Advanced Beginner Level Courses Competent Level Courses Proficient Level Courses The Expert Level Courses.

BO Brokers by Regulation ASIC - Australia BaFin - Germany CYSEC - Cyprus FCA - UK BVI - FSC - Virgin Islands IFSC - Belize NFA - USA Not Regulated BO Brokers by Platform SpotOption TradoLogic TradeSmarter TechFinancials ActBinary MetaTrader4 Proprietary Platform BO Brokers by Account Options Minimum Trade Size Maximum Trade Size Minimum Deposits Return - Payouts Percentage Maximum Forex Leverage Deposit Options BO Brokers offer Bonuses Trading Contests No Deposit Bonus Bonus for First Deposit Other Bonuses BO Brokers by Asset Types BO Brokers Accept USA Clients BO Brokers offer Affiliate Program.

iOS App Developer. Athens, Greece. Read More. Limassol, Cyprus. Customer Support. Product Owner - Mobile Application. Back Office Officer. Forex Time-FXTM. Back Office. Senior Compliance Manager. Legal and Compliance. Customer Service Representative.

Customer Service Representative Chinese Speaker. Please Select. Hungarian-Speaking Client Relations Manager. Business Development. Junior SysAdmin. Business Development Officer. Senior Compliance Officer. Russian-Speaking Customer Care Officers. Senior QA Software Test Automation Engineer. Web Graphic Designer. Spanish-Speaking Partner Relations Manager. Spanish-Speaking Customer Care Officers.

Polish-Speaking Customer Care Officers. Italian-Speaking Customer Care Officers. Hungarian-Speaking Customer Care Officers. German-Speaking Customer Care Officers.

French-Speaking Customer Care Officers. Senior PHP Back-End Developers. Arabic-Speaking Customer Care Officers. Senior Java Developers. Front-End Developer. Vietnamese-Speaking Customer Care Officers.

Senior PHP Front End Developers. Korean-Speaking Customer Care Officers.

Forex is the biggest trading asset today, with trillions of dollars flowing in and out every day. Just the thought of that amount of money is enough to make you want to consider a career in forex.

But a few questions come to mind. Is a forex career going to be financially rewarding? Are my skills right for this market? Are forex trading jobs stress-free?

The forex industry is vast and exciting, especially if you have been trading currencies yourself. You know that some people get wealthy by trading currencies. You might even know them personally. Or you might have been successful in making profits yourself from your trading activities. But you also know that forex is risky. More people lost money in trading than those that gained profit.

The ratio is , where out of three traders, two will lose, and only one will succeed. Before you decide to pursue a career in forex trading, let us see the advantages and disadvantages of working in this industry.

As with any other profession, it is not a perfect industry. People who built their careers in forex have mixed reactions on this topic. One of the advantages is that you are working in a dynamic environment.

Fluctuations and currency movements happen very fast, sometimes in a matter of minutes or seconds. For the forex professional, this means that there is never a dull moment in trading. There is also a never-ending process of education.

You will learn something new every time since many market forces can influence the value of currencies. And if you want to work abroad, one of the best opportunities is from the forex industry. It is because trading happens all over the world and that the clients come from different countries.

As for the disadvantages, the biggest concern among trading professionals is the irregular working hours. Since trading happens 24 hours a day , the work shift is not the typical 9 am-5 pm. You can even have a graveyard or nighttime schedule that can be a big challenge. The early hours of three to four in the morning are the usual climax of sleep. It is during this time that night workers cannot resist the urge to sleep. Also, if you have kids, it is hard to adjust your schedule since you must be awake in the daytime when they are active.

It also applies to pet owners. Stress is also present in forex trading jobs. Remember that you are dealing with large amounts of monies that can disappear in a matter of minutes. Any mistake or wrong decision can have consequences. We have just discussed the advantages and disadvantages of forex trading jobs. Now we will look at the top 5 careers in forex trading.

This job is also called currency researchers or currency strategists. The primary role of a forex analyst is to research and analyze the different market forces that affect the value of currencies.

When they spot a trend, they must write about it. These market forces include political issues, economic events, policy changes, and natural calamities.

Part of the role of a forex analyst is the development of educational programs and seminars for traders. Webinars, training videos, or reading materials included. The forex analyst also handles marketing activities and PR-related functions. Social media posts, press kits, and events management all fall into the job description of the forex analyst.

Forex analysts must be good at making technical, fundamental, and quantitative analyses. He also needs good communication and writing skills. It is vital to write in a simple, clear, and compelling way. Anything that is not clear or irrelevant is useless to the clients.

As a minimum requirement, a forex analyst should have a degree in finance or economics. Graduates of other related fields like statistics and market research can also apply in this position.

Since brokers will hire you, a basic knowledge of forex is needed. You need trading experience from previous work, or you have been actively trading yourself for at least one year. You will also need good writing and presentation skills to be successful. Lastly, you should be aware of the latest news and trends in economics, politics, and other world events.

This position goes by other names like the institutional trader or professional trader. It guards the money of forex traders and decides on behalf of the clients. Account managers get used by all types of traders. Big banks and institutions, companies, and retail traders all rely on their expertise.

It is a sought-after position that has a lot at stake. First, since they have access to the trading funds, every decision they make can bring large profits or substantial loss of money. Second, they can affect the reputation of the brokerage firm that they represent. You will not trust a broker that has forex account managers that loses the money of their clients consistently and continuously. Third, it affects his professional career.

Building a good reputation in forex trading requires the effective management of funds that rakes in profits. A good forex account manager can get more clients through positive reviews and referrals from previous and current clients. They need prior experience in trading assets with proven results to show that they have successfully managed the funds. In addition, they must be experts in using at least one trading platform. While most brokers have their trading platforms and differ in some ways, the basic features are common to all.

Things like currency listings, charting, and placing orders are present on all platforms. For institutional traders, they must be familiar with other investment assets. These include commodities, derivatives, and options. And they need a solid track record to prove their expertise. Heard of the names CFTC, NFA, CYSEC, FSA? Yes, these are regulators authorized by the state or country to monitor the activities of brokerage firms operating in their jurisdiction.

These regulators have a wide range of functions, from licensing brokers to monitoring their activities. They also mediate and resolve conflicts and report to Congress, among other things. And because of the wide range of services they offer , they need different specialists for every function. You will see auditors, investigators, lawyers, economists, and futures management specialists in their offices.

Here are the various positions available and the minimum qualification for each:. Professionals holding this function are also called forex exchange operations or trade audit associates. They provide back-end support which is vital to the operations of the company. It includes the creation of new trading accounts and the validation of IDs and requirements. It also handles the processing of deposits and withdrawals. They also provide round-the-clock customer support.

To qualify, applicants need to be graduates of business management, accounting, or finance. They also need a basic to advanced understanding of the forex market. The more senior positions require previous trading experience. These people are the brains behind your favorite trading platform like the MetaTrader 4. They create these programs that allow clients to see the active currencies trading, show forex charts, and place their orders.

You will also need working knowledge of the different operating systems, programming languages, databases, and web security protocols. Knowledge of forex trading is not required but is preferred. It is because someone who knows trading will know the common problems of traders so they can address them right away. Forex trading requires time, money, and effort, and you must be willing to spend them to be successful.

It is no different from other careers or professions. So, in the simplest terms, yes, forex trading can be a career. But since forex is a huge market, there are several career options within the forex market. We have discussed the five forex trading jobs in the previous section. Most forex jobs come from brokers. Check out the vacancies from the website of the brokerage firms. You can also find the list from job boards like jobstreet.

Over the past few years, there has been increased interest of working in the Forex industry. It does not store any personal data. However, it requires strict adherence to trading strategies. As for the disadvantages, the biggest concern among trading professionals is the irregular working hours. cookielawinfo-checkbox-necessary 11 months This cookie is set by GDPR Cookie Consent plugin. It is no different from other careers or professions.

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