What qualifications do I need to land a job as a Fx trader?

[LauChoKun]

I heard, the requirement is minimum 100000 trades with a decent result! By the way, it’s a Nobel job.

[flamingoproxy]

I heard, the requirement is minimum 100000 trades with a decent result

did you not read the thread, or are you trying to be funny?

the discussion is about graduate entry trader trainee schemes

they don’t require (or expect) any trading history at all

So basically if I manage to have a first on my bachelor’s on economics, it will still be difficult to get into an IB or trading firm in the city because my uni is not one of those you mentioned.

unless it’s changed a lot over the last few years, i think this is right, but having a first in your B.Sc.(Econ.) will definitely be miles better than a II(1)

[quote=“Joseagr93, post:12, topic:158107”]
I would probably still need a masters from for instance… LSE?[/quote]

Imperial far, far better than LSE, if they have anything suitable, i think

What subjects?

generally less important, but anything demonstrating high-level numeracy? statistics? computing?

these things do go in cycles, a bit - prospects might even improve to some extent, by the time you’re applying?

[justshell]

it’s a beginner’s forum, but plenty of experienced traders are part of this community to offer advice. Either way, it’s going to be seen by everyone, beginner or expert

[imbest]

My very first teacher is babypips forum. I get basic learning from here . It is easy for beginners to get knowledge from here then advance knowledge and trading tips are also available . Any person can do trading without any special education if he can understand forex theme , theory and market ups and downs.

[birdie23]

I don’t think you would look for a job once you became a successful trader. Though it is my personal opinion.

[flamingoproxy]

I don’t think you would look for a job once you became a successful trader.

i agree with you, for the most part, but that has nothing to do with this thread

the thread is about trainee trader graduate entry schemes in the financial industry

it seems that many of those replying simply haven’t read the thread at all

[alademeji]

TO BE HONEST BOSS…
you dont need all those… qualifications stuff etc…

what is required from you IS A GOOD TRACK RECORD… OVER 2 TO 4 YEARS TRADING, WHAT ARE YOUR RESULTS…?
ARE YOUR RESULTS WIRED INTO myfxbook (dot) com?
what are your average profits in a month?
HOW CONSISTENT ARE YOU…?
fx has nothing to do with what you went to learn at school AND NO FIRM WILL LOOK AT THAT DUDE…

WE ALL WANT TO SEE THE TRACK RECORD…
simple…

[Nathaniel_Imas]

Forex trading is for everyone. It is true that a good idea about the financial market can help a forex trader but it is not necessary that a trader will require academic qualification in the compulsory sense. Try to get acquaintance with the forex market via demo trading accounts and other learning modules. It will help you to flourish as a trader.

[flamingoproxy]

what is required from you IS A GOOD TRACK RECORD

this is totally wrong

did you not read the thread, or are you trying to be funny?

the discussion is about graduate entry trader trainee schemes

they don’t require (or expect) any trading history at all

it is not necessary that a trader will require academic qualification in the compulsory sense.

how else are you going to apply for a graduate entry scheme?!

what’s wrong with all these people who post their replies without reading the thread?!

however many times the OP’s question is answered, people just keep posting this irrelevant nonsense, without having read the thread?

is it supposed to be a joke, or something?

[Luke_Ronchi]

a Fx trader

There is no value of your graduation degree without proper trading knowledge & experience.

[birdie23]

I completely agree with you. Degree can not teach you what experience can.

[Luke_Ronchi]

Yes and that’s why, the success ratio is not much high here; because traditional educational background is nothing here.

[Girzer]

You must have some knowledge because this is the only qualification you need for doing trading in the forex market. Never start trading if you don’t have knowledge about the forex market. Knowledge is the first basic element required for trading.

[forexforexforex]

Why not go to the source. An actual job listing:

Junior Trader (Foreign Exchange).
Bad link

I don’t know anything about the company, so take that as you will. The description says no trading experience necessary, but sales experience is a plus.f

[justshell]

how is that possible? lol sounds like a marketing scheme to me

[forexforexforex]

Yea that looks like a bad example. They look more like a training-first company than trading-first company. Sorry about that.

[Kreg]

You have to take some knowledge and experience about the forex market. These qualifications are very necessary for forex trading. Without knowledge and experience you can’t be able to do a successful trade on the forex market. You also have to do some research before choosing the broker.

[TradeViper]

B you are wrong, better do some more research.

The Ever Qualified VIPER

[TradeViper]

Ala, you are wrong. In the US. No one will fund you size in Spot Currency, without series 34, and 66, and sometimes 3. No firm hires someone out of the blue, you are living in a fantasy.

The Ever Knowledgeable VIPER

[Kreg]

You don’t require a professional degree to able to trade in forex. There is no requirement. All you need is an internet connection and a fast mind which can study and analyze the market. I have seen people with limited qualification conquer the field of forex trading.