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Guide to Foreign Exchange Jobs

Beat the market with foreign exchange trader jobs

By Shannon Tani

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As the foreign exchange market is getting more popular, many people are looking for foreign exchange jobs in order to combine their interest with a regular salary.

Those with foreign exchange careers help the average person to understand the foreign exchange market. Many people find it confusing and without someone in a foreign exchange advisor job, they could make costly mistakes.

If you are interested in foreign exchange trader jobs:

1. Use a free practice account to see if you would really enjoy jobs in foreign exchange trading. Many forex websites offer a free account that lets you practice trading. You'll be able to see if you have a knack for it.

2. Get a degree in finance. While not many schools offer a degree specifically in foreign exchange, a general finance or business degree will help you to understand the mechanisms of the market, which is essential if you want a foreign exchange trader career.

3. Network with others in the industry. This can help you to get your next foreign exchange positions as well as help you to learn more.

Action Steps
The best contacts and resources to help you get it done

Prepare for foreign exchange trading jobs with an internship

In many cases, people stay away from internships because they are unpaid or offer only a small stipend. However, internships provide valuable experience in forex trading and help you to beef up your resume. If you can afford to take an internship, it's always a good idea to do so.

I recommend: Search for forex internships at Juju. Alternatively, what better way to study the foreign exchange market than by studying in a foreign country? UBS is in Zurich and offers internships in foreign exchange.

Find foreign exchange employment online

If you're looking for a job in foreign exchange, then the Internet is a great place to start. You can find a variety of jobs relating to foreign exchange in whatever city you live in.

I recommend: FXDD is an online foreign exchange trading company that frequently has positions available. Vault is another popular resource for finance jobs, including those in foreign exchange.

Hire a recruiter to help you find foreign exchange jobs

A good recruiter can help you get your good in the door of any company. Many people choose to use one, especially when they don't have many connections themselves.

I recommend: Analytic Recruiting, Inc. allows you to look at the foreign exchange trading jobs they have available before you contact them. If there's something that interests you, you can send them your resume. Mercury Partners specializes in place people into finance positions. After registration, you will be able to view jobs.

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