How much does a Senior Foreign Exchange Trader make?

As of April 01, 2025, the average annual salary for a Senior Foreign Exchange Trader in the United States is $173,930. Salary.com reports that pay typically ranges from $164,860 to $193,880, with most professionals earning between $156,602 and $212,043.

Senior Foreign Exchange Trader Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $193,880 $16,157 $3,728 $93
Average $173,930 $14,494 $3,345 $84
25th Percentile $164,860 $13,738 $3,170 $79

Average Salary

25% $164,860 10% $156,602 90% $212,043 75% $193,880 $173,930 50%(Median)
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How much does a Senior Foreign Exchange Trader make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Senior Foreign Exchange Trader salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Senior Foreign Exchange Trader is about $173,930 a year, this translates to an approximate hourly rate of $84, a monthly salary of about $14,494, and a weekly pay of around $3,345 . Click the switch button below to see more details about Senior Foreign Exchange Trader hourly pay, weekly pay, monthly pay, and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Senior Foreign Exchange Trader's Salary?

An entry-level Senior Foreign Exchange Trader with less than 1 year of experience earns about $169,869. With 1-2 years of experience, the average salary increases to $170,546. For 2-4 years of experience, the pay typically rises to $171,899. Senior-level professionals with 5-8 years of experience earn around $173,930, and those with over 8 years of experience can expect an average of $181,374.

Levels Salary
Entry Level Senior Foreign Exchange Trader $169,869
Intermediate Level Senior Foreign Exchange Trader $170,546
Senior Level Senior Foreign Exchange Trader $171,899
Specialist Level Senior Foreign Exchange Trader $173,930
Expert Level Senior Foreign Exchange Trader $181,374
$169,869 0 yr
$170,546 < 2 yrs
$171,899 2-4 yrs
$173,930 5-8 yrs
$181,374 > 8 yrs
Last Updated on April 01, 2025
Entry Level 2%
Mid Level 2%
Senior Level 1%
Top Level 0%
Experienced 4%
View as graph
Last Updated on April 01, 2025

How much does salary of Senior Foreign Exchange Trader vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Senior Foreign Exchange Trader is $217,220.
  • In New York, NY, the average annual salary is $201,570.
  • In Boston, MA, a Senior Foreign Exchange Trader earns $193,990 per year.

What is the salary trend of Senior Foreign Exchange Trader?

As of April 01, 2025, our research reveals a significant shift in Senior Foreign Exchange Trader compensation over the past six years. For example, the median salary increased from $102,405 in 2023 to approximately $102,828 in 2024. (For a detailed analysis of Senior Foreign Exchange Trader salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Senior Foreign Exchange Trader Over Time

2020
$???
2021
$???
2022
$???
$102,405
2023
$102,828
2024
$101,961
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$102,405
2024
$102,828
2025
$101,961
2026
$???
Last Updated on April 01, 2025

Senior Foreign Exchange Trader Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $102,405
2024 $102,828
2025 $101,961
2026 View More
Last Updated on April 01, 2025

Job Openings of Senior Foreign Exchange Trader

Salary.com job board provides millions of Senior Foreign Exchange Trader information for you to search for. Click on search button below to see Senior Foreign Exchange Trader job openings or enter a new job title here.

Most Common Benefits for Senior Foreign Exchange Trader

Based on HR-reported data: a national average with a geographic differential
Base Salary 75.0%
Bonuses 0.0%
Social Security 5.6%
401k/403b 2.3%
Disability 0.7%
Healthcare 2.3%
Pension 4.0%
Time Off 10.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $173,930 75.0%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $12,975 5.6%
401K/403B $5,392 2.3%
Disability $1,565 0.7%
Healthcare $5,345 2.3%
Pension $9,392 4.0%
Time Off $23,414 10.1%
Total Compensation $232,013 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Senior Foreign Exchange Trader with different levels of education?

Salaries for Senior Foreign Exchange Trader with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Senior Foreign Exchange Trader with a Associate's Degree is $181,077 - $204,332. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Senior Foreign Exchange Trader Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Senior Foreign Exchange Trader
Degree Level % of user with this level of education
High School 10.0%
Bachelors 60.0%
Masters 30.0%
Typical Education for Senior Foreign Exchange Trader
High School 10.0%
Bachelors 60.0%
Masters 30.0%
view as table

Senior Foreign Exchange Trader Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Senior Foreign Exchange Trader

1. What is the highest salary for a trader?

The salary for a Senior Foreign Exchange Trader ranges from ₹1,58,550 to ₹2,37,480 per year, with a median salary of ₹2,03,010. These figures reflect the compensation for experienced traders in the industry, showcasing the potential earnings based on expertise and market conditions.

2. What is the highest income of forex trading?

The highest income in forex trading can vary significantly. For a Senior Foreign Exchange Trader, salaries typically range from a minimum of $158,550 to a mid-level of $203,010, with a maximum reaching $237,480. While iconic traders like George Soros have amassed billions, these figures represent the earnings of professionals in the field.

3. How much do foreign exchange traders make in the US?

Foreign exchange traders in the US can expect to earn a salary ranging from $158,550 to $237,480 annually. The average salary for a Senior Foreign Exchange Trader is approximately $203,010. These figures reflect the competitive nature of the role and the expertise required in the financial markets.

4. Is trader a stressful job?

Trading can be a highly stressful job, often ranked as the second-most stressful on Wall Street, just after investment banking. Senior Foreign Exchange Traders face immense pressure to make quick decisions, with a salary range from $158,550 to $237,480. This intense environment leads to over 75% of traders leaving the profession within their first two years.

5. Which type of trader makes the most money?

Senior Foreign Exchange Traders typically earn substantial salaries, with a minimum of $158,550, a mid-range salary of $203,010, and a maximum of $237,480. This profession often yields high earnings due to the complexity and risks involved in trading currencies, making it one of the most lucrative trading roles available.

6. Can I be a millionaire in Forex?

Forex trading can lead to significant earnings, with Senior Foreign Exchange Traders earning between $158,550 and $237,480 annually. However, while some may achieve millionaire status, for the average retail trader, the path is fraught with risks and potential losses. Success requires skill, experience, and a solid strategy rather than relying on quick riches.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Senior Foreign Exchange Trader is $173,930 per year in the United States, updated at April 01, 2025.
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