Graduate FX jobs in London

Short for foreign exchange broker, an FX Broker supports currency trading for a portfolio of clients. Forex brokers typically use and offer platforms, analysis, and expertise to help companies and individuals navigate what can be a very risky market. Through this, they act as a bridge between buyers and sellers, with the view of executing their clients’ objectives better than they may have been able to themselves.

FX jobs of course vary from company to company, and on your job hunt you may end up stumbling upon slightly different titles, like FX trading jobs and FX dealing jobs. These are referring to similar roles, but the functions can and will differ.

Some will quote their own prices, while others will take client orders to the interbank market. In FX analyst jobs, you are likely to provide market research and resources, like charts, calendars, and general insights on market trends.

More than anything, it is a role of expertise, where this knowledge is expected to be communicated clearly to clients. With this, there naturally comes elements of customer support and client interaction. You need to understand the client’s needs, apply your knowledge to find a solution, and execute this succesfully.

 

As an industry that’s grown hugely in the last 20 years, we are still seeing the emergence of new, interesting opportunities in the FX market. This is particularly the case in the UK, which has long been the leader in FX trading.

As a result, there are lots of FX jobs in London, where much of the UK’s business resides. To locate these, begin by browsing the big job boards (Indeed, Glassdoor, Monster etc.). And don’t neglect LinkedIn, which is now as useful a place as any to find specific opportunities. Often, Hiring Managers or Managing Director’s will go straight to LinkedIn to find their ideal candidate (particularly for smaller forex companies). So make sure you have an active, detailed profile.

Or, register with a recruitment agency that specialises in FX or forex related jobs. Even if they have less openings than the big job boards, this gives you a chance to chat to an expert in the industry, and to understand what interviewers will be looking for. Recruiters tend to give detailed interview advice and feedback, so even if you don’t land the role, it’ll strengthen your position as a candidate.

Beyond this, it’s useful to stay active on social media and to attend any free networking events. It’s important to keep lively social connections with others in the industry, as job leads are commonly shared amongst friends and acquaintances. Do all of these, and maximise your options!

This depends on what stage you’re at in your career. But, assuming this is a FX graduate job, there will certainly be an adjustment period. As is the case when starting in any industry, there are skills and procedures that need to be learnt.

The market itself will need to be learnt, and this can only come with time. The foreign exchange market is confusing and volatile. It changes constantly, and is at the whim of a complex web of geopolitical and economic factors. You’ll need to get to grips with these dynamics as quickly as possible, as clients will assume you have this knowledge base.

Naturally, with this comes a level of mathematics and statistical analysis. You need to have the confidence to make sharp analyses on information and requests that clients give you. And, as an extension of this, FX sales jobs require an aptitude for making difficult, high-pressured decisions. It is natural to be daunted when dealing with important clients (and their investments) – but remember, your boss will never let you deal with anything that they don’t trust you to deal with.

All finance environments are competitive and fast-paced, but this means you learn on the job, and you learn quickly. And, in most places, companies afford thorough training to new hires because of this particular working style. With patience and hard work, you’ll soon find yourself thriving.