A Foreign Exchange Dealer is a person that trades in buying and selling of currency. They are also known as Forex Traders. Moreover, a Foreign Exchange Trader buys dollars from one person and sells them to another at a little higher rate and the difference between the buying and selling is the profit that Foreign Exchange Dealers make.
Furthermore, Foreign Exchange Dealers can work individually or be a part of a firm. The Foreign Exchange market is a Global Market and is available 24*7 as well. One has to take up a Forex or Foreign Exchange course that teaches trading as well as skills related to trading in the market of currency.
For Bachelor’s
For Masters
The field of Foreign Exchange Dealer aims to provide in-depth knowledge and enhance the skills of the students. To do such a task, this field presents innumerable job profiles:
There are many recruiters from leading companies who enlist potential students in the Foreign Exchange Dealer field. Following are some Recruiters from where students can find an employment opportunity in India:
The salary range may vary from company to company, but the salary of a Foreign Exchange Dealer is very impressive in India.
Level of Salary |
Salary Package per Year |
Starting Salary |
Approx Rs 3,30,000 |
Mid Level Salary |
Approx Rs 5,10,000 |
Senior Level Salary |
Approx Rs 8,60,000 |
A Foreign Exchange Dealer is a professional that completes Forex transactions by taking the foreign currency from one person and giving it to another person at a slightly higher charge. They make a profit in between the margin of that transaction. The career scope of Foreign Exchange Dealers is on a rise.
Furthermore, people nowadays are very fond of International trips or they like to collect the currencies of different countries. This is where Foreign Exchange Dealers come into play and help people with their specific needs. One must possess communication skills, be detail oriented as well as have analytical skills in order to flourish in this industry.
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