Salary of forex traders

Can I Get a Stock Trader License? Before you get too excited about the impressive income you can make as salary of forex traders foreign exchange trader, consider the lifestyle required of those who make their living trading currencies. The market opens at 5 a. Monday morning, Australia time, and closes at 5 p.

Friday evening, New York time, and every trading desk you are likely to work on has work shifts trading constantly. You are paid to live a life that consists of either trading or sleeping and little else. Compensation varies depending on your experience and the firm. Commodity and currency traders median wages, according to the U.