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Trainee FX Trader. Pro Trader FX - London. Junior FX Trader. Liliumdirect - London. Fx Partner - London. Forex Proprietary Trader. BPS Capital - London. SmartMindSearch - London. Entry Level - Forex Traders. Enhanced Due Diligence Analyst. Interactive Brokers - London. New Accounts Training Manager.

Payment Processing Manager. Hantec Markets Limited - London. Technical Support Associate - French or German. Michael Page UK - London. Client Services Representative - Mandarin Speaker. Senior Business Analyst — Regulatory Compliance. HC Technologies - London. Java Developer. If you then leave your profits in the account for the following year, once again you'll have a higher balance to work with. In the table below, you can see the same levels of starting capital and monthly returns, but what it would look like if you kept everything in your account for two years.

Like with traditional saving and investing, the benefits of consistent, profitable trading compound over time, which means traders who are in it for the long haul are more likely to have higher salaries than those who stop after a couple of months. Forex traders attempt to use the largest market in the world to turn enormous profits. However, a great deal of them, particularly those who are new to it, have unsuccessful trades because they do not have a lot of experience and the drive to continue after they make mistakes, learn from them and get better.

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Like any skill, trading also requires effort and dedication. There are many traders who have traded over the years with dedication and perseverance. Here are the richest forex traders in the world. By far, one of the most skilled forex traders around is Paul Tudor Jones. He took advantage of the market crash that occurred in October of He is considered to be one of the wealthiest living traders. As you may have expected, Jones did not start at the top. He was born in and studied Economics at the University of Virginia. He graduated in and began his career in the financial world working the trading floor as a clerk.

Jones is an example that illustrates the importance of perseverance in developing as a trader. No review of the richest and most successful Forex traders would be complete without mentioning George Soros. He is one of the industry's most notorious figures. Soros earned a reputation as being one of the most skilled investors ever. This all happened in before Black Wednesday, September 16, If you want to know the full and incredibly interesting story, check it out here.

A name almost everyone knows. Waren Buffett is the third richest man in the world.


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He is an incredible investor. Buffett's fortune surmounted, in part, due to his investment decisions and his perspective on the long term which has reaped him enormous gains. I mentioned Warren Buffett in this list because he is one of the most well known and wealthy people in the world involved in investments, but he is more involved in long term investments and is not thought of very often in the world of Forex trading.

Only accrue interest once you have used the credit line. No use = zero cost

Interestingly enough, Bill Lipschutz earned his profits in the Forex sector of Salomon Brothers back in the s. He is a key example of someone who started out with no experience in currency markets and through perseverance and, no less important, dedication to developing a safe and intelligent strategy, became very successful.

He earned the nickname the Sultan of Currencies. Libschutz sees the Forex market as psychological. While Lipshultz pays attention to fundamentals, like most traders do, he does not overlook market perception. He believes it substantially influences price action. While trading can be an option to earn more money on the side, or replace a full time income, it's also important to be aware of the risks involved. All of the numbers above assume that a trader is being consistently profitable, however, in reality, this is very difficult to achieve. Sometimes you might make the wrong trade, or the market might not react in the way you expect, or you might close a trade too early or too late.

All of these can cut into your profits, which means that it's very unlikely for you to make the same return every month. This is why having good risk management and money management is essential for long-term success in trading - while you can work on new trading strategies and invest in Expert Advisors and mentors to help make your traders more profitable, if you don't know how to manage risk, those good trades will be outbalanced by bad trades, leaving you in the red.

While it's difficult to get exact numbers of what different traders are earning, there is a lot of information we can use to draw some conclusions. For traders who are trading the market independently with their own money, their salary will come down to their average monthly profits, as well as their starting capital. The larger their starting capital and the larger their monthly profits, the more they will be earning.

Trade with confidence and benefit from

However, even if they don't start with a large deposit or capital, if they trade persistently and make consistent profits over time, those profits will accumulate exponentially over time. In any case, it's important to be aware of the risks involved with trading, as those earning the highest salaries are often taking the largest risks, which means they could potentially lose those earnings just as quickly as they made them. Has this article piqued your interest in trading?


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If so, one of the first steps you'll need to take to get started is to download a trading platform. The good news is that you can download MetaTrader 5 - the world's 1 multi-asset platform, absolutely free by clicking the banner below! Admiral Markets is a multi-award winning, globally regulated Forex and CFD broker, offering trading on over 8, financial instruments via the world's most popular trading platforms: MetaTrader 4 and MetaTrader 5. Start trading today! This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks. We use cookies to give you the best possible experience on our website. By continuing to browse this site, you give consent for cookies to be used. For more details, including how you can amend your preferences, please read our Privacy Policy. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.