Trader Test

Trader tests are designed to assess candidates on the requisite skills and competencies needed to be a successful trader, helping to ensure employers shortlist the most suitable candidates.


What is a trader test?

A trader test is a pre-employment assessment that can be used during the application process for a role as a trader. As an unbiased way of assessing suitability, skills tests like the trader test are invaluable to recruitment teams.

These tests are usually used after the initial applications have been sorted, to narrow down a potentially overwhelming pool of similarly qualified candidates. They are simple to administer, easy for the applicants to complete, and provide straightforward results that can be used to objectively decide on the most successful candidates to take forward.

Using this test can help ensure that the candidates who have applied for the advertised trader role have the required skills and competencies to be a good fit for the job.

About the Trader Test

In a short assessment, applicants have to answer questions that are relevant to the skills needed to be a good trader.

Applicants receive a link to complete the test in their own time, usually via email. When they have completed the assessment, the recruitment team will be able to see empirical evidence of what the candidate knows, the skills they have, and the competencies that will make them a great employee.

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Why should you use a trader test for recruiting?

Working in the financial sector can be a tough but rewarding career – and when it comes to financial trading, not everyone has what it takes to be successful.

There are a number of qualifications that a candidate could have, which on paper would make them an ideal candidate for the advertised role. A degree in accounting, finance, or economics might be a good starting point, but that does not demonstrate working knowledge, competency, or the soft skills that could be considered a big part of a trader's arsenal.

Even experience in the financial industry is not a guarantee of success as a trader, and that is why a trader test is a reliable way to ensure the candidate has the right skills.

Of course, you can expect a trader test to look at both hard and soft skills: a trader that lacks basic numeracy is not going to get far, and one that cannot work under pressure is not going to enjoy the fast-paced role.

Finding out whether a candidate is skilful enough alongside the required qualifications is not easy. Even with in-depth interviews, it can be hard to ensure they have enough experience and knowledge alongside the theoretical stuff they learned.

Using a trader test gives an employer the best chance to take forward candidates that are ideally suited, in practical terms, for a role as a trader.

View a sample report

Results for the Trader Test along with other assessments the candidate takes will be compiled to produce a candidate report.

The report is automatically generated and available both online and as a downloadable pdf so they can be shared with other team members and employees alike.

Neuroworx Sample Report

How our test assesses trader skills

Candidates will need to answer a range of questions that measure industry-specific technical skills where applicable, soft skills (e.g. interpersonal), aptitude (e.g. numerical reasoning) and relevant personality dimensions (e.g. stress tolerance). The results present a holistic view of how well suited each candidate is for the job at hand, using a data-driven approach.

The format varies by type of question, including multiple-choice for aptitude and technical skills, situational judgement for soft skills and agreement on a Likert scale for the personality dimensions. This approach ensures candidates are being assessed in an accurate and fair manner, and that results reflect the true underlying qualities of each candidate.

The characteristics, abilities and knowledge necessary to be a trader were identified using the US Department of Labor's comprehensive O*NET database. O*NET is the leading source of occupational information that is constantly updated by collecting data from employees in specific job roles.

During the development process, test questions were rigorously analysed to maximise reliability and validity in line with industry best practices. They were created by our team of I/O psychologists and psychometricians – who collaborated with subject-matter-experts – and field-tested with a representative sample of job applicants who have varying experience, just like you might find in a talent pool.

Each test is reviewed by a panel of individuals representing diverse backgrounds to check for any sensitivity, fairness, face validity and accessibility issues. This ensures each candidate has a fair chance of demonstrating their true level of expertise.

Our trader test is monitored to ensure it is up-to-date and optimised for performance.


Predictor of job success

Neuroworx provides evidence-based recommendations for tests to use for over 750 jobs. Our recommendation engine leverages data from the Occupational Information Network (O*NET) developed by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA).


Access real assessments

Instant access to our full testing suite.

  • Fully accredited

    All our Trader tests are written by accredited psychologists and fully validated.

  • For all levels

    We offer Trader tests for all levels so you can assess all roles within your organisation.


Energize selection process

Streamline hiring with our out-of-the-box tools.

  • Smart automations

    Automated actions such as alerts and reminders ensure a smooth candidate experience.

  • Instant results

    Receive candidate results in real-time so you can make decisions in hours, not days.


Make better hires

Improve hiring with bias-free, data-driven decisions.

  • Analytics dashboard

    Our full array of candidate performance metrics will provide actionable data on each of your candidates.

  • Candidate comparison

    Simple, easy-to-use candidate comparison reports mean you don’t need to be a psychologist to interpret them.


You’re in good company

Provides all the data and high-level metrics we need to make fast hiring decisions. Neuroworx has been particularly helpful in scaling our operations since we moved to remote working.

Greg, CEO, Reverse Media Group, Australia
Greg, CEO, Reverse Media Group, Australia

Focusing on data reduced the subjective decision making from our hiring process and allowed us to reduce bias and make better hiring decisions.

Izzie, Head of HR, iZettle, Sweden
Izzie, Head of HR, iZettle, Sweden

We used Neuroworx as part of our Finance Graduate Scheme recruitment and it was just what we needed – really simple to send candidates the link to complete and clear to see how they all compared. And great value for money!

Christina, HR Director, Cancer Research, UK
Christina, HR Director, Cancer Research, UK


Curated by our team of experts

Scientifically validated by psychometric specialists

  • Our team of assessment experts is made up of I/O psychologists, psychometricians, and subject matter experts who work closely together to ensure each test is accurate and reliable.
  • Our subject matter experts are rigorously vetted and typically have several years of experience working in their industries and hold advanced credentials.

Trader Test FAQs

What skills does a trader need?

Most trader roles require some formal degree in economics, finance, or accountancy – although maths, politics and business degrees are also useful. The skills include good working numerical knowledge.

Traders also need great communication skills, the ability to work well under pressure, and both physical and mental stamina. This is not a job for those who do not thrive in a fast-paced, high-stakes environment.

What other tests might be useful for a trader?

Aside from skills tests, there are several aptitude tests that might be useful in identifying a good trader from a pool of applicants. Basic numeracy and literacy can be tested through numerical reasoning and verbal reasoning assessments, while logical thinking and decision making might be tested through logical reasoning.

Psychometric testing around work behaviour using situational judgement tests can be used here, and some forms of personality test can help an organisation find applicants who are mentally suited to the rigours of this type of role.

Can I get a free trial?

Yes, simply sign up (no credit card is required) and we'll give you unlimited access for 7 seven days. Create as many jobs and test as many candidates as you want; you won't be charged a penny.

What is the cost for Neuroworx's trader test?

Neuroworx operates on a monthly or annual subscription basis. We have several plans to suit your hiring needs, which you can check out here. Alternatively, you can get in touch with us to discuss a custom plan.

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