No matter where you work, knowing a foreign language, particularly German, French, Arabic, Russian, Spanish, Korean, Mandarin, Cantonese, Portuguese or Japanese, is helpful and might be required for some positions. This article will provide an overview of five major career areas in forex, but please keep in mind that specific positions tend to have different names at different companies. An analyst might also provide educational seminars and webinars to help clients and potential clients get more comfortable with forex trading. An analyst should have a bachelor’s degree in economics, finance or a similar area. If you have been consistently successful trading forex on your own, you may have what it takes to become a professional forex trader. It’s important to note that these positions have very high stakes.
Account managers are responsible for large amounts of money, and their professional reputations and those of their employers are reliant on how well they handle those funds. Regulators attempt to prevent fraud in the forex industry and can hold multiple roles. Regulatory bodies hire many different types of professionals and have a presence in numerous countries. They also operate in both the public and private sectors. CFTC jobs are located in Washington, DC, Chicago, Kansas City and New York and require U. The CFTC also provides consumer education and fraud alerts to the public. Since the CFTC oversees the entire commodity futures and options markets in the U.