Henry Willis of London's Swift Fox explains the necessary steps to take in order to become a foreign currency exchanger.

1. HOW TO PURSUE A
CAREER IN FOREIGN
CURRENCY
EXCHANGE
Henry Willis Swift Fox
H E N R Y W I L L I S S W I F T F O X . C O M

2. follows the monetary trends relating to the rate of
US and foreign currencies. They either buy or sell
currency for another. The traders enjoy significant
commissions despite working in a stressful and
fast-paced environment. If you’re interested in
becoming a professional currency exchanger,
consider the following suggestions.
A CURRENCY TRADER
H E N R Y W I L L I S S W I F T F O X . C O M

3. H E N R Y W I L L I S S W I F T F O X . C O M
Candidates interested in
investment banking pursue
degrees in financial accounting,
business, or economics. The
programs offer courses in
statistics, microeconomics,
macroeconomics, international
trade, market structure, and
public policy. Some institutes
provide options in financial
marketing and money. Strive to
get good grades and make firm
connections.
EARN A DEGREE

4. H E N R Y W I L L I S S W I F T F O X . C O M
FIND AN INTERNSHIP
Students must complete an
internship from a banking or
financial trading company to
graduate. During the
attachment, the candidates
work under a supervisor. After
the program, the students must
provide a documented report.
This internship will pave the way
for future employment, and help
you as you develop your
professional network. An
internship also gives you a
unique perspective into the
workings of a company and if
you truly enjoy the work.

5. HENRYWILLISSWIFTFOX.COM
OBTAIN NECESSARY LICENSE
Currency traders should check with their state laws to determine whether they
need a practicing license. The financial control boards highlight the procedure
followed to attain the necessary licenses. Bank employers have details on the
specific permits required in this profession. Individuals ought to pay the licensing
fee to receive the licenses. Depending on where you live and where you intend to
conduct business, be sure to obtain this ahead of time so you are not caught in a
bind in the midst of a transaction.

6. H E N R Y W I L L I S S W I F T F O X . C O M
EARN ADDITIONAL CERTIFICATION
The financial industry is competitive as many traders are
offering similar commodities. Employers are likely to hire
certified candidates who are different from other
applicants. The Chartered Financial Analyst (CFA)
Institute is responsible for certifying currency traders. It
provides the CFA credential program that includes
portfolio management, professional standards, fixed
incomes, wealth planning, and financial reporting.
Certifications note that you have completed continued
extensive training and that you are up-to-date on your
specialty.

7. H E N R Y W I L L I S S W I F T F O X . C O M
Licensed currency traders
should renew their permits
upon expiry. The financial
control board verifies the
renewal processes. Some states
require a professional to
advance their education to
receive the new license. CFA
members must complete
continuing education course to
get the commitment
certificates. Keep an eye on
expiration dates to ensure that
you are not practicing without a
valid certificate or license.
MAINTAIN
CERTIFICATIONS AND
LICENSES

8. H E N R Y W I L L I S S W I F T F O X . C O M
GRADUATE DEGREE
A graduate degree is necessary
for professionals who wish to
advance up the corporate
ladder. Most learners prefer
taking degrees in Master of
Business Administration (MBA).
Potential MBA programs include
information systems, marketing
management, operations
analysis, and data analysis.
Students can specialize in
futures and options, emerging
market finance, financial
innovation, and financial risk
management as part of their
MBA in finance. Consider
consulting a trusted professional
in your field to determine the
best possible option for your
particular career.