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Fx Spot Trader Salary in New Jersey

How much does a Fx Spot Trader make in New Jersey? The salary range for a Fx Spot Trader job is from $88,026 to $107,515 per year in New Jersey. 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
$95,518
Per Year
The average salary for a Fx Spot Trader is $95,518
per Year in New Jersey.
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
$88,026
$95,518
Medium
$107,515

Highest Paying Cities for Fx Spot Trader in New Jersey

Here are the top eight that pay the highest Fx Spot Trader salary in NJ. Due to the cost of living in different locations, the Fx Spot Trader salary will also be different. Jersey City with the highest wage for the Fx Spot Trader in New Jersey has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Fx Spot Trader

Fx Spot Trader works in New Jersey will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.
Top 5 States with Higher Salaries For
Fx Spot Trader in the United States:
Fx Spot Trader in District of Columbia: $96,999
Fx Spot Trader in California: $96,128
Fx Spot Trader in New Jersey: $95,518
Fx Spot Trader in Alaska: $94,908
Fx Spot Trader in Massachusetts: $94,821

How Much Do Similar Professions Get Paid in New Jersey?

The Fx Spot Trader jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Fx Spot Trader, while they have the Fx Spot Trader responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Fx Trader
Average salary
United States
$118,016
per Year
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Fx Options Trader
Average salary
United States
$95,518
per Year
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Spot Welder
Average salary
United States
$40,173
per Year
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Spot Welder I
Average salary
United States
$53,580
per Year
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Spot Welder II
Average salary
United States
$61,983
per Year
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Spot Welder III
Average salary
United States
$73,180
per Year
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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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Secaucus pays the highest Fx Spot Trader wage. Get personal salary report to explore more salary information in different cities.
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The Fx Spot Trader salary range is $88,026 to $107,515 in NJ.
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