RM158,899 (MYR)/yr
RM76.39 (MYR)/hr
RM36,197 (MYR)/yr
The average foreign exchange trader gross salary in Malaysia is RM158,899 or an equivalent hourly rate of RM76. In addition, they earn an average bonus of RM36,197. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Malaysia. An entry level foreign exchange trader (1-3 years of experience) earns an average salary of RM111,467. On the other end, a senior level foreign exchange trader (8+ years of experience) earns an average salary of RM198,852.
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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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Salary Potential
Based on our compensation data, the estimated salary potential for Foreign Exchange Trader will increase 12 % over 5 years.
Most Popular Skills for Foreign Exchange Trader
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Education
This chart displays the highest level of education for:
Foreign Exchange Trader, the majority at 51% with bachelors.
Typical Field of Study: Finance
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Salary Difference by Location
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Country Overview
Malaysia
Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living Page
Malaysia is a country in Southeast Asia. A federal constitutional monarchy, it consists of 13 states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Malaysia. Peninsular Malaysia shares a land and maritime border with Thailand and maritime borders with Singapore, Vietnam, and Indonesia. East Malaysia shares land and maritime borders with Brunei and Indonesia, as well as a maritime border with the Philippines and Vietnam. Kuala...
Job 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. Read More
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Similar Job Titles
- Banking Foreign-Exchange Dealer
- Trader Foreign Exchange
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Disclaimer
This page is a promotion for the Assessor Platform and is not intended for professional use.
Professionals should subscribe to ERI's Assessor Platform.
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.
Do you work in HR or Compensation?
Try our professional compensation software to generate detailed salary and cost of living reports.
Try a Free Demoarrow_right
Most Popular Skills for Foreign Exchange Trader
N/A
Salary Difference by Location
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Salary by Country
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Learn About Our Products
ERI SalaryExpert provides verified salary and cost of living data to the public with a comprehensive platform for evaluating compensation, career, relocation, and education decisions.
Access The Assessor Productsarrow_right
Similar Job Titles
- Banking Foreign-Exchange Dealer
- Trader Foreign Exchange
- Dealer Foreign Exchange
- Dealer Banking Foreign Exchange
- Foreign-Exchange Trader
- Foreign-Exchange Dealer
View more
