Home > Salary > Iraq > Fx Dealer
An FX dealer, also known as a foreign exchange dealer or currency trader, is responsible for buying and selling currencies on behalf of clients. They work in financial institutions such as banks, investment firms, or brokerage houses. The primary role of an FX dealer is to analyze market trends, monitor economic indicators, and execute trades to maximize profits and minimize risks. They must have a deep understanding of global financial markets, currency exchange rates, and geopolitical events that can influence currency values. Additionally, FX dealers provide advice and guidance to clients regarding currency trading strategies and risk management techniques.
Estimated Yearly Salary: 8,439,459 IQD
Estimated Monthly Salary: 703,288 IQD
Estimated Weekly Salary: 162,297 IQD per week
Estimated Hourly Salary: 4,057 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 678,509 IQD
Estimated Weekly Salary: 156,579 IQD per week
Estimated Hourly Salary: 3,914 IQD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 5,684 USD
Estimated Monthly Salary: 474 USD
Estimated Weekly Salary: 109 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 8,439,459 IQD
Estimated Monthly Salary: 703,288 IQD
Estimated Weekly Salary: 162,297 IQD per week
Estimated Hourly Salary: 4,057 IQD per hour
By working as Fx Dealer a person can save up to 234 USD per month or 2,804 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Fx Dealer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Senior business consultant advanced process control (apc) (11,913,600 IQD per year, pre-tax.)
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Fx Dealer salary in Iraq
Average Yearly Salary of Fx Dealer in Iraq is approximately 8,439,459 IQD (5,684 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Fx Dealer do?
An FX dealer, also known as a foreign exchange dealer or currency trader, is responsible for buying and selling currencies on behalf of clients. They work in financial institutions such as banks, investment firms, or brokerage houses. The primary role of an FX dealer is to analyze market trends, monitor economic indicators, and execute trades to maximize profits and minimize risks. They must have a deep understanding of global financial markets, currency exchange rates, and geopolitical events that can influence currency values. Additionally, FX dealers provide advice and guidance to clients regarding currency trading strategies and risk management techniques.
Skills: FX dealer, foreign exchange dealer, currency trader, financial markets, currency exchange rates, risk management
Job industry: Finance
Job industry: Finance
How much does Fx Dealer make?
Salary details
How much does Fx Dealer make?Estimated Yearly Salary: 8,439,459 IQD
Estimated Monthly Salary: 703,288 IQD
Estimated Weekly Salary: 162,297 IQD per week
Estimated Hourly Salary: 4,057 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 8,142,108 IQDEstimated Monthly Salary: 678,509 IQD
Estimated Weekly Salary: 156,579 IQD per week
Estimated Hourly Salary: 3,914 IQD per hour
Last revision of data: 2024-01-07Fx Dealer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,684 USD
Estimated Monthly Salary: 474 USD
Estimated Weekly Salary: 109 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Fx Dealer job salary compared to average salary in Iraq.
Comparison shows that a person working as Fx Dealer in Iraq earns on average:
1.03 times the average salary (or 103% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Fx Dealer job salary compared to average salary in Iraq.
Comparison shows that a person working as Fx Dealer in Iraq earns on average:
1.03 times the average salary (or 103% of average salary).
Is Fx Dealer a well paid job?
Yes, our data show that Fx Dealer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Fx Dealer?
High salary for Fx Dealer would be somewhere between 9,283,405 IQD and 12,237,216 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Fx Dealer in Iraq?
Living in Iraq the approximate monthly expenses are: 240 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 8,439,459 IQD
Estimated Monthly Salary: 703,288 IQD
Estimated Weekly Salary: 162,297 IQD per week
Estimated Hourly Salary: 4,057 IQD per hour
By working as Fx Dealer a person can save up to 234 USD per month or 2,804 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Fx Dealer
Iran is 7,492 USD
Jordan is 9,028 USD
Kuwait is 12,728 USD
Saudi Arabia is 26,064 USD
Syria is 3,485 USD
Turkey is 10,065 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Quality account manager (14,495,258 IQD per year, pre-tax.)
Busser (3,298,225 IQD per year, pre-tax.)
Perishables manager (4,181,902 IQD per year, pre-tax.)
Senior business consultant advanced process control (apc) (11,913,600 IQD per year, pre-tax.)
Lab analyst (5,621,226 IQD per year, pre-tax.)
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