Foreign Exchange Trader III Salary at Mg Financial Inc BETA

How much does a Mg Financial Inc Foreign Exchange Trader III make?

As of March 2025, the average annual salary for a Foreign Exchange Trader III at Mg Financial Inc is $175,882, which translates to approximately $85 per hour. Salaries for Foreign Exchange Trader III at Mg Financial Inc typically range from $138,679 to $201,675, 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.

MG Financial Inc Overview

Website:
mg-financial.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

MG Financial, founded in 1992, is one of the oldest and most recognizable names in retail foreign exchange industry. MG's strength and focus are in providing online trading services for the foreign exchange market. MG Financial accepts customer orders via the Internet as well as over the phone. In April of 1997, MG Financial released the first version of its online trading platform. This trading platform enabled traders to view real-time quotations, execute transactions, and track open positions. Since the trading platform's introduction, important features such as real-time charting have been added. DealStation™, which went live on January 30th 2000, has revolutionized forex-trading platforms by offering traders the latest Java "Push" Technology, which immediately "pushes" new information to your computer, automatically updating your screens. The implementation of Java technology enhances overall system performance, which will improve speed and execution time. Since then MG has also added Desktop and HTML versions of the DealStation™. MG Financial began a news/research in the middle of 1997. This division was formed to provide MG Financial 's clients with up-to-date information on the foreign exchange market. Analysts of the news/research division contribute expert commentary on MG's affiliate news & analysis website, Forexnews.com. MG's team of analysts is frequently quoted in publications such as The Wall Street Journal, The Financial Times, Investors Business Daily, and interviewed on Bloomberg TV. In order to increase the connectivity between the trader and the market, MG also added alert!fx™ and Wireless trading to its product line. Traders can now use their web-enabled Mobile Phones or Personal Digital Assistants to connect to our proprietary wireless version of the DealStation™ to check rates, charts & news, to monitor account status, and to place orders. alert!fx™ sends rate, news, margin and technical indicator alerts to any email-enabled device of trader's choice. In 1998, MG Financial became the ...

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What Skills Does a person Need at Mg Financial Inc?

At Mg Financial Inc, 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.

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Check more jobs information at Mg Financial Inc

Job Title Average Mg Financial Inc Salary Hourly Rate
2 Accounting $43,717 $21
3 Administrative Assistant $46,919 $23
4 Financial Associate & Advisor $47,296 $23
5 Manager, Accounting $108,682 $52
6 Secretary $207,406 $100
7 Vice President, Operations $282,951 $136
8 Consultant $100,602 $48
9 Financial Advisor $49,421 $24
10 Financial Planner $118,303 $57
11 Manager $98,570 $47
12 Sales Manager $116,902 $56

Hourly Pay at Mg Financial Inc

The average hourly pay at Mg Financial Inc for a Foreign Exchange Trader III is $85 per hour. The location, department, and job description all have an impact on the typical compensation for Mg Financial Inc positions. The pay range and total remuneration for the job title are shown in the table below. Mg Financial Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $175,882 look to you?

FAQ about Salary and Jobs at Mg Financial Inc

1. How much does Mg Financial Inc pay per hour?
The average hourly pay is $85. 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 Mg Financial Inc?
According to the data, the highest approximate salary is about $201,675 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 Mg Financial Inc?
According to the data, the lowest estimated salary is about $138,679 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.