At a Glance
- Tasks: Execute and manage FX and CFD trades while monitoring market risks.
- Company: Join a leading regulated FX and CFD brokerage with a focus on execution quality.
- Benefits: Competitive salary, career progression, and a dynamic work environment.
- Other info: Opportunity for rapid career growth and professional development in a supportive team.
- Why this job: Kickstart your trading career and develop into a Senior Dealer role.
- Qualifications: Experience in trading or brokerage, strong numerical skills, and knowledge of FCA regulations.
The predicted salary is between 36000 - 60000 £ per year.
EC Markets is a regulated FX and CFD brokerage providing execution services across global markets. As the firm scales its client base, product set, and regulatory footprint, the Dealing function plays a critical role in execution quality, market risk management, and conduct outcomes. EC Markets is strengthening its Dealing Desk structure to ensure consistent execution standards, robust risk oversight, and clear progression for high-performing dealers.
About the Role
The Dealer will take day-to-day responsibility for the execution, monitoring, and risk management of FX and CFD client activity, operating within defined risk, pricing, and governance frameworks. The role is designed to develop into a Senior Dealer position, with increased ownership of desk risk, hedging strategy, liquidity management, and regulatory engagement, and potential progression to Head of Dealing, subject to performance and business growth.
Responsibilities
- Dealing & Execution Ownership
- Execute FX and CFD trades across approved asset classes in line with best execution obligations under MiFID II.
- Monitor live client positions, margin utilisation, and execution quality in real time.
- Support and increasingly take ownership of A-Book / B-Book flow management in line with approved risk appetite.
- Conduct pricing checks, spread monitoring, and execution quality reviews to ensure fair client outcomes.
- Monitor market risk, client exposure, and desk P&L within approved limits.
- Escalate abnormal trading behaviour, market dislocations, or system issues in accordance with internal procedures.
- Assist in the design and execution of hedging strategies and liquidity management.
- Identify and elevate potential market abuse, suspicious trading patterns, or conduct risk indicators.
- Ensure accurate trade booking, reconciliation, and end-of-day controls.
- Produce and review daily dealing and exposure reports.
- Liaise with Liquidity Providers, technology vendors, and internal stakeholders (IT, Risk, Operations).
- Support oversight of trading platforms, bridges, and OMS environments.
- Operate in full compliance with FCA requirements, including:
- Best Execution
- Market Conduct
- Product Governance
- Client Categorisation
- Contribute to a disciplined, professional dealing desk culture.
- Support training and development of junior dealers as appropriate.
- Drive continuous improvement in execution quality, risk controls, and desk processes.
Progression to Senior Dealer / Head of Dealing
Subject to performance, the role is expected to expand to include:
- Ownership of desk-level risk limits and hedging strategy
- Oversight of liquidity provider relationships and execution models
- Contribution to product governance and execution policy design
- Senior engagement with Compliance, Risk, and regulators where required
- Leadership of the Dealing function as the firm scales
Experience
- Experience in an FX, CFD, or brokerage dealing environment.
- Strong understanding of execution models, spreads, slippage, and liquidity.
- High numerical accuracy and ability to operate under pressure.
- Sound understanding of FCA conduct requirements and client outcomes.
- Eligible for FCA Certification under SM&CR (Certified Function).
- 2–5 years’ experience in a trading, dealing, or brokerage environment.
- Experience with MT4, trading bridges, OMS, and risk management systems.
- Understanding of A-Book / B-Book models and hedging mechanics.
- Experience working with Liquidity Providers and pricing feeds.
- SQL or advanced data analysis skills for execution and risk reporting.
Junior FX / CFD Execution Trader employer: EC Markets UK
Contact Detail:
EC Markets UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior FX / CFD Execution Trader
✨Tip Number 1
Network like a pro! Reach out to people in the FX and CFD trading space, attend industry events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your market knowledge and execution strategies. Be ready to discuss your understanding of A-Book/B-Book models and how you’d handle risk management. Show them you’re not just a candidate, but a future Senior Dealer!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your responses. Focus on articulating your experience with trading platforms and your approach to compliance and governance—these are key in our industry.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining EC Markets and being part of our growing team.
We think you need these skills to ace Junior FX / CFD Execution Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Junior FX / CFD Execution Trader role. Highlight any relevant experience in trading, dealing, or brokerage environments, and don’t forget to mention your understanding of execution models and risk management systems.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills align with our needs at EC Markets. Be specific about your experience with FX and CFDs, and show us you understand the importance of execution quality and market risk management.
Showcase Your Analytical Skills: Since this role requires high numerical accuracy and data analysis skills, make sure to highlight any relevant projects or experiences that demonstrate your analytical abilities. If you've worked with SQL or have experience in risk reporting, let us know!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at EC Markets UK
✨Know Your FX and CFD Basics
Before the interview, brush up on your knowledge of FX and CFD trading. Understand key concepts like execution models, spreads, slippage, and liquidity. This will not only help you answer technical questions but also show your genuine interest in the role.
✨Demonstrate Risk Management Awareness
Be prepared to discuss how you would handle market risk and client exposure. Think of examples from your past experience where you successfully managed risk or identified abnormal trading behaviour. This shows that you can operate within defined risk frameworks.
✨Familiarise Yourself with Regulatory Requirements
Since compliance is crucial in this role, make sure you understand FCA requirements, especially around best execution and market conduct. Being able to articulate how you would maintain compliance will impress the interviewers and demonstrate your readiness for the position.
✨Showcase Your Analytical Skills
Given the importance of data analysis in this role, be ready to discuss your experience with SQL or any advanced data analysis tools. Prepare to explain how you've used these skills in previous roles to enhance execution quality or risk reporting.