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Five (5) Jobs in the Forex Industry

Working in the Forex Industry


Working in the Forex industry contains a lot of excitement and high salaries but also a lot of other -not so attractive- challenges. We shouldn’t forget that the Forex market is open 24 hours a day. In this article five (5) popular Forex jobs are presented, and these are:

1) Forex Analyst / Researcher

2) Forex Account Manager

3) Forex Affiliate Manager

4) Forex Programmer / Web Master

5) Forex Regulator

In addition, some other specialist may be occupied in the Forex industry that is not listed in this article like accountants and human resource managers.

Jobs and Salaries in the Forex Industry

POSITIONS AND SALARIES IN THE FOREX INDUSTRY

JOBS & SLARIES IN THE FOREX SECTOR

Forex market data regarding salaries in the Forex industry. The data involves exclusively Cyprus, a country hosting tens of online Forex brokers. The survey was made by GRS global recruitment solutions and concerns minimum, average and maximum monthly salaries within the forex industry in Cyprus.

(I) MAIN FOREX OPERATIONS (MONTHLY SALARIES)

POSITION

ENTRY-LEVEL

MIDDLE-LEVEL

HIGH-LEVEL

FINANCIAL DIRECTOR / CFO

6,000

6,750

7,500

MT4 DEVELOPER

2,000

2,500

3,500

CTO (CHIEF TECHNOLOGY OFFICER)

4,000

5,000

6,000

DEALER

1,300 +COMMISSION

1,800 +COMMISSION

2,200 BASE
+COMMISSION

SENIOR DEALER
(HOLDER OF A CYSEC LICENCE)

2,000 + BONUS

3,000 BASE + BONUS

3,500 BASE
+ BONUS

CHIEF DEALER/ TREASURY MANAGER
(HOLDER OF A LICENCE)

3,000 BASE
+BONUS

4,500 BASE
+BONUS

6,000 BASE
+BONUS

TECHNICAL ANALYST

1,800

2,000

2,200

BACK OFFICE ASSISTANT

1,000

1,600

2,000

BACK OFFICE MANAGER

2,200

2,500

3,000

COMPLIANCE/RISK/LEGAL

2,500

4,500

7,000

ACCOUNTS ASSISTANT

1,000

1,300

1,500

HEAD OF ACCOUNTS

2,000

2,500

3,000

SOURCE: GRC RECRUITMENT

Institutional Investing Becomes Retail (Liquid Markets)

The Liquid Markets new Asset Management Services (Minimum Entrance: 10.000 USD)

Institutional Investing Becomes Retail with the new Liquid Markets Partnership

Liquid Markets by partnering with Delman SA joins now the “AlphaSystematic FX Managed Account Programme”. This new partnership enables LiquidMarkets to offer institutional investment services to retail traders and investors. The minimum entrance of $10,000 makes this program not available to everyone, but keep in mind that the participation in similar institutional programs demands usually a capital between $20K and $100K.

What is the Benefit for LiquidMarkets Clients?

Liquid Markets by joining the AlphaSystematic FX Managed Account Programme can provide its clients with Portfolio Diversification and Risk Minimization. The expert asset management services of Delman are focusing on Risk Management and steady long-term investment gains.

Who is Delman S.A.?

Delman SA is a Swiss Asset Management Firm regulated by FINMA (The Swiss Financial Market Supervisory Authority). Delman is also authorized as an official distributor of the DM Swiss Equity Asymmetric Fund. Delman is investing in global financial markets through various Investment Programmes. Their aim is to offer fund-management services to institutional investors (Hedge Funds, Investment Firms, and Pension Funds).

Binary Options Tips

Binary Options Tips & Basic Strategy

Binary Options are exotic instruments that trade the global financial markets. Binary options trading demands knowledge, trading skills, and the right trading strategy.

 

Here are some tips.

 

1) Choose your Forex Broker wisely

Search and review various Binary Options Brokers before making a final choice. Use user-reviews carefully and read the terms and conditions of each different broker. Basic factors that need to be considered include parameters such is the minimum deposit, fund methods, platform, payout rate, refund rate, asset index and the variety of trading features. The Bonus policy shouldn’t be at the top of your criteria list.

 

2) Concentrate on a few Assets and Educate

Professional traders are usually specialized in a couple of financial markets. Specialization means better information and a better understanding of new market developments. Traders who are focusing only on a couple of assets have an increased trading profitability potential over time. Education is very important too and improves furthermore the profit potential of each trader.

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