Forex Trader Jobs in Dubai (with Salaries) Foreign Exchange Jobs in UAE – A Foreign Exchange Trader or Forex Trader is an investor or professional trader who makes money by taking advantage of price differences in foreign currency exchange rates. Forex traders shall seek to profit by exploiting and identifying small variance in constantly changing exchange rates between two or more currencies. The foreign exchange market or currency market is an OTC (over the counter) or global decentralized market for the trading of currencies. It includes all aspects of selling, buying and exchanging currencies at determined or current prices. The primary participants in this market are the financial centres and larger international banks.

Eligibility Norms for Forex Trader Jobs in Dubai

  • Bachelor Degree in Finance, Business, Economics or Mathematics and Equivalent
  • Minimum time period of experience as a licensed broker trading in international markets
  • In-depth understanding of international markets
  • Ability to speak at least one foreign language highly desired
  • Sound knowledge of trading software and brokerages
  • Interest in travelling internationally to increase the vision of latest global economic situations
  • Ability to study markets to identify indicators and patterns
  • Working on a computer and prolonged periods sitting at a desk

Gardener Jobs in Dubai

Role & Responsibilities for Forex Trader Jobs in Dubai

  • Executes foreign currency transactions for clients
  • Maintains and oversees the organizations foreign currency market position
  • Conduct research on the financial markets
  • Establishes local exchange prices for retail clients based on the principles of market fluctuations and communicates with staff
  • Update knowledge and close follow up of major commodity markets such as petroleum, crude oil, agricultural products, natural gas products and precious metals
  • Monitor trading transactions and activities of other traders
  • Handle the risks of trading on foreign exchange market during making a profit
  • Maintain records as per financial regulations
  • Develop and maintain relationships with clients (Forex Trader Jobs in Dubai)

Foreign Exchange Market Wikipedia