and performs research and analysis in order to write daily market commentary about the forex market and the economic and political issues that. If you're drawn to this area, you might even want to make it your career. Unsurprisingly, they must also thoroughly understand forex trading and the company's trading platform in order to help customers. Reduced commissions compared with what retail day traders face. New York, NY (58 san Francisco, CA (11 boston, MA (11 austin, TX (10 cincinnati, OH (7 houston, TX (6 bala-Cynwyd, PA (5). The cftc hires attorneys, auditors, economists, futures trading specialists/investigators and management professionals. Forex markets are open 24 hours a day, five total days a week, which means jobs are fast-paced, involve long days and strange work hours. The cftc also provides consumer education and fraud alerts to the public. (For further insights on the differences between a career as a broker and trader, see " Broker or Trader: Which Career Is Right for You?
Many proprietary (i.e., prop) trading firms set up a structure that allows the trader to receive a cut of the profits they generate through trades. Their focus is on immediate trading trends. If you're interested in a career in forex, but don't yet have the required background or experience for a technical position, consider getting your feet wet in a general business position and for college undergraduates, many forex companies offer internships).