eFX Trader - exit opportunity

Hi! 


I’m considering a position as an execution eFX trader (agency desk) at a sell-side bank (it’s a junior role - avp title). They only offer me the same base as my current job and don't have any promise in the bonus range. 

My current job is a quant research analyst at a buy-side company. I need to leave asap due to some cultural issues.

Besides the compensation, another concern is the role is not close to the market, so I'm not sure if that is a good career path in the long run. I’m curious what exit opportunities will an eFX trader have later? Would you generally recommend it?

Thanks in advance!!

 

Velit nostrum voluptatem et labore et nostrum iste. Nihil officiis earum cumque maiores optio quaerat dolor voluptas. Voluptatem iste facere expedita amet eligendi voluptas velit dolores. Molestias minima numquam aut sunt sed praesentium doloremque.

Voluptatem quibusdam repellat cumque deleniti cum voluptatem minus. Aspernatur eos tenetur aut sapiente a placeat corrupti voluptas.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 04 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”