foreign exchange trader
Foreign exchange traders buy and sell foreign currencies in order to secure a profit on fluctuations in foreign exchange rates. They undertake technical analysis of economic information (market liquidity and volatility ) to predict the future rates of currencies on the foreign exchange market. They trade on their own name or for their employers.
Also called: foreign exchange dealer, forex dealer, forex handler, foreign exchange handler
- 13
- essential skills
- 16
- optional skills
- 8
- related roles
- 3311
- ISCO-08 group
Where you can go from here
8 rolesOccupations sharing the most essential skills with this one. The number is a count, not an opinion.
- foreign exchange brokerWhat changes?11 skills in common
- commodity trader9 skills in common
- futures trader8 skills in common
- commodity broker7 skills in common
- securities broker7 skills in common
- securities trader7 skills in common
- securities underwriter7 skills in common
- stock trader7 skills in common
Essential skills
13- analyse economic trends
- analyse financial risk
- analyse market financial trends
- commercial law
- economics
- financial jurisdiction
- financial markets
- forecast economic trends
- foreign valuta
- handle financial transactions
- manage financial risk
- perform financial risk management in international trade
- trade foreign currencies
Optional skills
16- accounting
- actuarial science
- advise on financial matters
- banking activities
- financial products
- international commercial transactions rules
- international trade
- maintain records of financial transactions
- monitor stock market
- operate financial instruments
- perform stock valuation
- securities
- statistics
- stock market
- trace financial transactions
- trade securities
No account needed to start
How close are you to being a foreign exchange trader?
MyNodes reads your CV once, maps it to this same taxonomy, and shows you which roles you are already closest to and the few skills that would open the most doors. The file is deleted as soon as it has been read.