
Job Description:
The Forex Dealer will be responsible for monitoring, executing, and managing forex trades, ensuring optimal risk distribution, and handling A-Book/B-Book strategies. You will play a key role in maintaining market competitiveness, profitability, and compliance within the dealing desk operations.
Requirments:
- Bachelor’s degree in Finance, Economics, or related field.
- Minimum 3 years of experience as a Forex Dealer in a broker or financial institution.
- Strong understanding of A-Book, B-Book, STP, ECN, and hybrid models.
- Hands-on experience with MT4/MT5 platforms, liquidity bridges, and FIX API connections.
- Proficient in risk management principles and exposure control.
- Excellent analytical and quantitative skills.
- Strong attention to detail, time management, and ability to work under pressure.
- Excellent communication and coordination skills.
Responsibilities:
- Execute and monitor client trades via MT4/MT5 platforms, ensuring smooth and timely processing.
- Manage real-time risk exposure across A-Book and B-Book flows.
- Maintain relationships and execution quality with liquidity providers (LPs).
- Implement and refine hedging strategies in coordination with the Head of Trading.
- Analyze client trading behavior and ensure effective risk mitigation.
- Monitor price feeds, spreads, trade slippage, and latency issues.
- Coordinate with the IT/bridge provider to optimize platform performance.
- Support daily P&L reporting, reconciliation, and internal risk reporting.
- Stay updated with market news and trends that may affect FX positions.
- Work closely with compliance to ensure adherence to regulatory requirements.
Skills
Core Skills
- Trade Execution & Order Management
- Proficiency in executing trades across forex pairs, CFDs, and other instruments. Familiarity with A-Book (STP/ECN) and B-Book (market-making) execution models.
- Risk Management
- Ability to monitor and control real-time exposure, apply hedging strategies, and manage overall book risk effectively.
- Book Handling
- Experience managing and balancing trading books, analyzing trade flows, and implementing adjustments to maintain profitability and compliance.
Technical Skills
- Platform Proficiency
- Hands-on experience with MetaTrader 4/5 (MT4/MT5), liquidity bridge systems (e.g., PrimeXM, OneZero, Centroid), and FIX API integrations.
- Analytical Tools & Market Monitoring
- Strong ability to interpret charts, market indicators, and economic data for effective decision-making.
- Reporting & Reconciliation
- Familiarity with internal reporting tools for trade tracking and P&L analysis. Excel proficiency is a must.
Soft & Business Skills
- Attention to Detail
- Accuracy in execution and data analysis, especially during volatile market conditions.
- Decision-Making Under Pressure
- Confidence to act swiftly and wisely during high-impact news events or market fluctuations.
- Communication & Coordination
- Ability to collaborate effectively with internal departments and external partners such as liquidity providers and platform vendors.
- Regulatory Awareness
- Understanding of relevant forex brokerage regulations in jurisdictions such as CySEC, FCA, or DIFC.