MyNdes

From foreign exchange broker to foreign exchange trader

11 of the 13 essential skills of a foreign exchange trader are already essential for a foreign exchange broker — about 85% of the job, before you learn anything new. It is the closest move from foreign exchange broker in the whole taxonomy.

These numbers compare two occupations, not you and a job. What you personally already cover depends on what you have actually done.

11
skills carry over
2
would be new
85%
of the target job covered
13
essential skills of a foreign exchange trader

What a foreign exchange trader does

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.

What would be new

2 skills

Essential for a foreign exchange trader and not for a foreign exchange broker. Note that the taxonomy describes activities rather than tools, so some of these may be things you already do under a different name.

foreign exchange brokerforeign exchange traderThe other way round

Counted from ESCO, published by the European Commission. Occupations are compared on their essential skills only.

No account needed to start

How far are you from 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.