Trader Salary at Forex Co BETA

How much does a Forex Co Trader make?

As of April 2025, the average annual salary for a Trader at Forex Co is $59,245, which translates to approximately $28 per hour. Salaries for Trader at Forex Co typically range from $55,780 to $60,167, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
forex.com
Size:
100 - 200 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

Founded in 1999, Forex is a company that specializes in over-the-counter market for trading of currencies determining the foreign exchange rates for every currency. Forex is located in New Jersey.

See similar companies related to Forex Co

What Skills Does a person Need at Forex Co?

At Forex Co, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Trading: Trading is the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
  4. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
  5. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

Related Jobs

Harrington Starr
New York , NY

Quantitative Trader - Digital Assets I'm delighted to partner with an elite boutique proprietary trading firm, looking to bring on Digital Assets Quantitative Traders and Portfolio Managers. The role The firm is interested in both employer/employee and SMA models, so you could work with them exclusively or non-exclusively depending on your preference You will be responsible for designing, deploying and optimizing systematic strategies within the digital assets trading space You will have access to the firm's technology, market data, and capital in order to execute profitable strategies The firm A tight-knit team of quantitatively minded individuals HFT capabilities and very strong complementary infrastructure Offices in NYC About you 2+ year track record in 100% systematic digital assets trading Transferable IP; Sharpe ratio 4+ preferred Great capacity for producing continued results If you're interested in having a conversation about this role, please apply directly or reach out to me


Sponsored
4/2/2025 12:00:00 AM
Selby Jennings
New York , NY

Company Overview: My client is a leading Global Digital Asset Manager that is looking to onboard a Senior Quant Trader for their HFT Prop Trading business. Leveraging state-of-the-art technology and a team of seasoned professionals, they are dedicated to delivering exceptional returns through innovative trading methodologies. Job Description: Responsibilities: Develop and execute high-frequency trading strategies in the DeFi markets. Manage and optimize a diverse portfolio of DeFi assets to achieve superior returns while mitigating risk. Perform quantitative research and analysis to uncover trading opportunities. Collaborate with the technology team to refine and enhance trading algorithms and systems. Monitor market trends and adjust strategies in real-time. Ensure adherence to regulatory standards and internal risk management protocols. Present performance metrics and strategic insights to senior leadership. Requirements: Master's degree in a Quantitative field. Extensive experience


Sponsored
4/2/2025 12:00:00 AM
CaaS Capital Management
New York , NY

Job Description: CaaS Capital Management is seeking a talented and driven systematic equity trader to join our dynamic equity and derivatives investment team. As a systematic equity trader, you will collaborate closely with our PMs and traders to uncover new alpha opportunities and enhance existing strategies. We are searching for candidates who possess a deep passion for the financial markets. Successful quant traders not only exhibit strong technical skills, but also possess an innate curiosity to continuously expand their knowledge and understand human behavior. Adaptability to the rapidly evolving world and industry is crucial, as we value individuals who actively seek out new skills and embrace the exploration of uncharted possibilities. Join our close-knit team of young and dedicated quants who thrive on solving complex problems. We maintain a fast project turnover rate, fostering seamless communication within the team. Upon joining us, you will experience direct daily engagement


Sponsored
4/1/2025 12:00:00 AM
Harrington Starr
New York , NY

Quantitative Researcher/Quantitative Trader The company I'm thrilled to be working with a highly successful and growing hedge fund as they look to onboard fresh talent. While the firm has traditional footings, their systematic presence is growing rapidly, and they're looking for Quantitative Researchers and Traders to join the team in Manhattan. What you will get Competitive benefits. Collegiate working culture. In-office presence in midtown Manhattan. $150,000 basic salary + 20-30% PnL splits. What you will do Manage a systematic book throughout the entire life cycle. Work alongside fellow traders and the head of desk to optimize existing strategies, and generate new ones. Signal and alpha generation. What you will need At least 3 years of experience in a quant research or quant trading role within U.S. or global equities. Provable track record with a 2+ Sharpe. Excellent communication skills and ability to communicate to senior stakeholders. A right to work in the USA, existing H1B/E


Sponsored
4/1/2025 12:00:00 AM
Selby Jennings
New York , NY

Junior Quantitative Trader - HFT Market Making | Crypto Location: New York, NY A leading digital asset management firm with extensive capital and backing is seeking a Junior Quantitative Trader to join its highly successful systematic market-making crypto trading team in NYC. This role offers the opportunity to work closely with experienced traders, quants, and engineers in a fast-paced, low-latency environment. Key Responsibilities: Research, develop, and implement HFT market-making strategies in a low-latency C++ environment Optimize execution and risk management for crypto trading strategies Collaborate with researchers and engineers to enhance trading performance Qualifications: 1-2 years of experience developing and implementing HFT market-making strategies Strong proficiency in C++ and experience working in low-latency environments Prior crypto trading experience preferred Strong analytical and problem-solving skills Desired Skills and Experience Junior Quantitative Trader - HFT


Sponsored
3/31/2025 12:00:00 AM
Karbone
New York , NY

About: Karbone Inc. is an award-winning financial services platform for renewable energy and decarbonization markets. Since 2008, we have offered integrated and innovative Commodity Solutions, Market Research, and Financing to a global suite of clients. Our teams are proudly ranked first amongst their peers and are all dedicated toward our core mission of providing our clients and partners with the necessary data, market access, liquidity solutions, and financing options to help them succeed in the new energy transition. Due to growth-driven expansion of its Commodities business, Karbone is hiring for Renewable Energy Sales Traders on multiple Commodity desks. Responsibilities: Originate, structure and execute bilateral deals/contracts for various classes of Energy Transition commodities in North America; your coverage may include Power, Capacity, Renewable Energy Credits (RECs), or Renewable Fuels (LCFS, RINs, feedstocks, RNG). Cultivate and expand a robust network of clients and coun


Sponsored
3/30/2025 12:00:00 AM
Coda Search│Staffing
New York , NY

Looking for an exceptional Portfolio Finance Credit Trader to liaise with trading/financing desks, counterparties, exchanges, prime brokers, and custodians to assist in the lifecycle of a trade. ·Execute daily financing transactions that optimize for term, cost, and structure ·Manage credit positions across various financing structures including prime brokerage, repo, tri-party facilities, etc. ·Work through optimization models ·Bachelor’s degree in Finance, Economics, or a related field. ·Minimum 4 years in financial services (buy or sell side experience) working with credit products. ·Experience with financing, accounting principles and procedures as well as financial markets and instruments.


Sponsored
3/29/2025 12:00:00 AM
Coda Search│Staffing
New York , NY

Looking for an exceptional Portfolio Finance Equity Trader to liaise with trading/financing desks, counterparties, exchanges, prime brokers, and custodians to assist in the lifecycle of a trade. ·Bachelor’s degree in Finance, Economics, or a related field. ·Minimum 6 years in financial services (buy or sell side experience) working with equity products. ·Experience with financing, accounting principles and procedures as well as financial markets and instruments.


Sponsored
3/29/2025 12:00:00 AM

Check more jobs information at Forex Co

Job Title Average Forex Co Salary Hourly Rate
2 Specialist $91,397 $44
3 Supervisor, Call Center $80,311 $39
4 Supervisor, Customer Service $80,311 $39
5 Supervisor, Purchasing $109,619 $53
6 Team Manager $53,536 $26
7 Trade Specialist $107,730 $52
8 Travel Consultant $70,442 $34
9 Vice President, Business Development $270,336 $130
10 Account Analyst $66,140 $32
11 Account Executive $81,277 $39
12 Accounts Executive $81,277 $39

Hourly Pay at Forex Co

The average hourly pay at Forex Co for a Trader is $28 per hour. The location, department, and job description all have an impact on the typical compensation for Forex Co positions. The pay range and total remuneration for the job title are shown in the table below. Forex Co may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $59,245 look to you?

FAQ about Salary and Jobs at Forex Co

1. How much does Forex Co pay per hour?
The average hourly pay is $28. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Forex Co?
According to the data, the highest approximate salary is about $60,167 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Forex Co?
According to the data, the lowest estimated salary is about $55,780 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.