As of November 01, 2025, the average salary for a Foreign Exchange Trader I in Palms, MI is $75,268 per year, which breaks down to an hourly rate of $36.
However, a Foreign Exchange Trader I's salary can vary significantly. Here’s a look at the typical salary range:
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Foreign Exchange Trader I Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $87,275 | $7,273 | $1,678 | $42 |
| Average | $75,268 | $6,272 | $1,447 | $36 |
| 25th Percentile | $61,546 | $5,129 | $1,184 | $30 |
Christus Health - SHREVEPORT, LA
Christus Health - SHREVEPORT, LA
Christus Health - ALEXANDRIA, LA
Christus Health - SHREVEPORT, LA
A Foreign Exchange Trader I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Foreign Exchange Trader I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Foreign Exchange Trader I | $74,175 |
| Intermediate Level Foreign Exchange Trader I | $75,196 |
| Senior Level Foreign Exchange Trader I | $77,459 |
| Specialist Level Foreign Exchange Trader I | $78,968 |
| Expert Level Foreign Exchange Trader I | $79,345 |
What Am I Worth?
Salaries can also vary between different cities, even within the same state. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different Michigan cities:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 7.14% |
| Capital Market | 3.06% |
| Mortgage Lending | 2.04% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Capital Market
|
$105,375 |
40%
|
|
SQL
|
$94,085 |
25%
|
|
Trading
|
$91,074 |
21%
|
|
PowerPoint
|
$90,322 |
20%
|
|
Risk Management
|
$90,322 |
20%
|
|
Python
|
$89,569 |
19%
|
Understanding how a Foreign Exchange Trader I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $87,275 | $7,273 | $1,678 | $42 |
| Average | $75,268 | $6,272 | $1,447 | $36 |
| 25th Percentile | $61,546 | $5,129 | $1,184 | $30 |
Ready to take the next step in your career? Browse thousands of current Foreign Exchange Trader I job openings on our job board. Use the search bar below to find your perfect match.
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