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Foreign-Exchange Dealer Salary
in United Kingdom

£67,742 (GBP)

Average Salary

£33/hr

Average Hourly

£15,432

Average Bonus

Last updated: January 29, 2020

The average pay for a Foreign-Exchange Dealer is £67,742 a year and £33 an hour in the United Kingdom. The average salary range for a Foreign-Exchange Dealer is between £47,207 and £84,215. On average, a Bachelor's Degree is the highest level of education for a Foreign-Exchange Dealer. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United Kingdom.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Job Summary

Description:
  • Negotiates purchase and sale of foreign exchange drafts on foreign exchange market and calculates US dollar equivalents.
  • Maintains bank's balances on deposit in foreign banks to ensure foreign exchange position, and negotiates prices at which such exchanges shall be purchased and sold, based on demand, supply, and stability of currency.
  • Determines foreign exchange rates, referring to international bank market rate.

Salary Potential

Estimated salary in 2025:
£78,532
5 Year Change:
16 %
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Education

Skills

About United Kingdom

United Kingdom Cost of Living Score:

Description: The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (abbreviated to UK or U.K.) or Britain, is a sovereign country located off the north­western coast of the European mainland. The United Kingdom includes the island of Great Britain, the north­eastern part of the island of Ireland, and many smaller islands. Northern Ireland shares a land border with the Republic of Ireland. Otherwise, the United Kingdom is surrounded by the Atlantic Ocean, with the North Sea to the east, the English Channel to the south and the Celtic Sea to the southwest, giving it the 12th-longest coastline...

Foreign-Exchange Dealer Job Listings for United Kingdom

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Salary Recap

The average pay for a Foreign-Exchange Dealer is £67,742 a year and £33 an hour in the United Kingdom. The average salary range for a Foreign-Exchange Dealer is between £47,207 and £84,215. On average, a Bachelor's Degree is the highest level of education for a Foreign-Exchange Dealer. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United Kingdom.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Data powered by ERI's Salary Assessor

Take the guess work out of setting pay

Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
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Similar Job Titles

Foreign-Exchange Dealer
Foreign-Exchange Dealer
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