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Foreign Exchange Dealer salary in Australia
The median full-time salary for a foreign exchange dealer is $137,900 per annum, before tax, up $28,500 since 2018.
- A large share of a dealer's pay is usually a bonus tied to the desk's profit and the individual's own book, so total earnings can swing a long way from one year to the next.
- Base salary depends on the size of the desk, the products you cover and whether you sit on a bank's trading floor or in a corporate treasury, with treasury roles generally paying less.
- A move to a proprietary trading firm changes the structure again, since pay is often tied directly to the profit you generate.
The median salary rose by $28,500 between 2018 and 2024; the dashed line shows a projection to 2028 based on the real ABS Wage Price Index growth rate, not a role-specific forecast.
How to negotiate a higher foreign exchange dealer salary
- Know the market rate before you ask. The median full-time foreign exchange dealer salary is $137,900; use that, not a guess, as your anchor, and adjust for your experience and employer.
- Lead with what's scarce, not just tenure. Skills like Financial analysis and modelling and Risk and internal controls tend to command a premium over general foreign exchange dealer experience, name them specifically when you ask.
- Time it deliberately. Reviews, the end of a project you delivered, or taking on responsibility beyond your job description are stronger moments to ask than an arbitrary date on the calendar.
- Ask for a number, not a raise. "Based on the market rate and [specific contribution], I'd like to move to X" gets a clearer answer than "I think I deserve more."
Foreign Exchange Dealer salary questions
How much do foreign exchange dealers earn in Australia?
The median full-time salary for a foreign exchange dealer is $137,900 a year before tax. Seniority, specialisation, sector and the award or agreement you're employed under all move it.
Is foreign exchange dealer pay rising or falling?
The median foreign exchange dealer salary is up $28,500 since 2018. Figures from 2025 onward on this page are a projection, not a measured result.
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Pay advice
- How to ask for a pay rise, and back it up with real numbersWhat national wage growth looks like right now, how to work out a figure for your own role, wording you can adapt for the conversation, and what to do if the answer is no.
- The average salary in Australia (2026)Full-time adults in Australia averaged $2,083.70 a week in May 2026. Several measures get called the average salary, and this explains which one fits your situation.
- Overtime pay, time in lieu and what your award saysOvertime rates come from your award or agreement, not one national rule. How rates work, what happens on a salary, and how time off in lieu works.