Forex Trader

Placements24

Vereeniging

Hybrid

ZAR 600,000 - 900,000

Full time

4 days ago

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Benefits offered by this job

Performance bonuses

Hybrid work

Health & retirement benefits

Trading technology access

Professional development

Job summary

Placements24 in Vereeniging seeks an experienced Forex Trader to execute currency trades, manage FX risk, and contribute to profitability on a dynamic trading desk. You will analyze markets, develop strategies, and ensure strict risk controls in a fast-paced environment.

The role offers a hybrid work setup, competitive compensation with performance bonuses, and access to advanced trading tools and market data. Strong quantitative skills and compliance discipline are essential.

Qualifications

Bachelor's degree in Finance, Economics, Mathematics, or related quantitative field.
Minimum of 3 years of direct experience as a Forex Trader or in a related financial markets role.
Proven understanding of currency markets, trading platforms, and financial instruments.
Strong analytical and quantitative skills with the ability to make quick, informed decisions.
Proficiency in trading software and statistical analysis tools.
Excellent understanding of risk management principles in a trading context.

Responsibilities

Execute foreign exchange trades across various currency pairs, aiming to maximize profit and minimize risk.
Monitor global economic news, market trends, and geopolitical events that may impact currency valuations.
Develop and implement trading strategies based on technical and fundamental analysis.
Manage trading positions, implement stop-loss orders, and adhere to risk management protocols.
Maintain accurate trading records and provide regular performance reports to management.
Collaborate with the risk management team to ensure compliance with trading limits and policies.

Skills

Analytical skills

Quantitative skills

Decision making

Education

Bachelor's degree in Finance, Economics, Mathematics

Tools

Trading software

Statistical analysis tools

Job description

About the Role

Our client is seeking a skilled and analytical Forex Trader to join their bustling trading desk in Vereeniging . This challenging role involves executing currency trades, managing foreign exchange risk, and contributing to the firm's profitability in the global markets. You will work within a high-energy environment, leveraging market insights and advanced trading strategies. The successful candidate will possess a deep understanding of international currency markets, economic indicators, and risk management techniques, aiming to generate consistent returns while adhering to strict risk parameters and compliance guidelines.

Key Responsibilities

Execute foreign exchange trades across various currency pairs, aiming to maximize profit and minimize risk.
Monitor global economic news, market trends, and geopolitical events that may impact currency valuations.
Develop and implement trading strategies based on technical and fundamental analysis.
Manage trading positions, implement stop-loss orders, and adhere to risk management protocols.
Maintain accurate trading records and provide regular performance reports to management.
Collaborate with the risk management team to ensure compliance with trading limits and policies.

Requirements

Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
Minimum of 3 years of direct experience as a Forex Trader or in a related financial markets role.
Proven understanding of currency markets, trading platforms, and financial instruments.
Strong analytical and quantitative skills with the ability to make quick, informed decisions.
Proficiency in trading software and statistical analysis tools.
Excellent understanding of risk management principles in a trading context.

Benefits