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Fx Spot Trader Salary in Newport News, VA

How much does a Fx Spot Trader make in Newport News, VA? The salary range for a Fx Spot Trader job is from $76,059 to $92,899 per year in Newport News, VA. Click on the filter to check out Fx Spot Trader job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$82,532
Per Year
The average salary for a Fx Spot Trader is $82,532
per Year in Newport News, VA.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$76,059
$82,532
Medium
$92,899

Highest Paying Cities for Fx Spot Trader near Newport News, VA

We list eight cities that pay high wages to Fx Spot Trader near Newport News. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Fx Spot Trader pay level in these cities.

States with Higher Salaries for Fx Spot Trader

Here are the top five states that pay the highest Fx Spot Trader salary in the United States. District of Columbia takes first place with the highest Fx Spot Trader salary is $96,999 per Year. California and New Jersey take the second and third place with $96,128 per Year and $95,518 per Year in the list. A higher average Fx Spot Trader salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Newport News, VA?

The following job titles have similar responsibilities as a Fx Spot Trader. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Fx Trader
Average salary
United States
$101,971
per Year
Fx Options Trader
Average salary
United States
$82,532
per Year
Spot Welder
Average salary
United States
$34,712
per Year
Spot Welder I
Average salary
United States
$46,280
per Year
Spot Welder II
Average salary
United States
$53,563
per Year
Spot Welder III
Average salary
United States
$63,180
per Year

How Much Should You Be Earning?

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What Does a Fx Spot Trader Do?

However, the disadvantage in trading FX options is that market hours are limited for certain options and the liquidity is not nearly as great as the futures or spot market.

December 14, 2021

Futures and forwards may have higher spreads than spot FX, since they are not as heavily traded due to expiry dates and the price difference from spot.

December 01, 2021

So, the main difference between currency futures and spot FX is when the trading price is determined and when the physical exchange of the currency pair takes place.

November 28, 2021

Spot FX is the purchase or sale of forex ‘on the spot’, which means the exchange takes place at the exact point that the trade is settled.

November 14, 2021

A currency pair’s price being used on the spread bet is “derived” from the currency pair’s price on the spot FX market.

November 07, 2021

Most Common Benefits for Fx Spot Trader

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Fx Spot Trader
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However, the disadvantage in trading FX options is that market hours are limited for certain options and the liquidity is not nearly as great as the futures or spot market.
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Check the below career pages for detailed pay ranges for similar professions to Fx Spot Trader:
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Explore our personal salary report to know the Fx Spot Trader market value in Newport News, VA. And find out if any places are having a higher Fx Spot Trader salary.
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The average salary of a Fx Spot Trader is $82,532 in Newport News, VA.
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