Post job

What is a floor trader and how to become one

Updated January 8, 2025
2 min read
There is more than meets the eye when it comes to being a floor trader. For example, did you know that they make an average of $49.05 an hour? That's $102,024 a year! Between 2018 and 2028, the career is expected to grow 10% and produce 47,700 job opportunities across the U.S.
ScoreFloor TraderUS Average
Salary
7.7

Avg. Salary $102,024

Avg. Salary $59,228

Stability level
9.5

Growth rate 10%

Growth rate 0.3%

Diversity
6.1
Race

American Indian and Alaska Native 0.21%

Asian 11.19%

Black or African American 5.58%

Hispanic or Latino 11.65%

Unknown 4.13%

White 67.23%

Gender

female 5.21%

male 94.79%

Age - 43
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43
Stress level
9.5

Stress level is very high

7.1 - high

Complexity level
10.0

Complexity level is advanced

7 - challenging

Work life balance
3.5

Work life balance is poor

6.4 - fair

Floor trader career paths

Key steps to become a floor trader

  1. Explore floor trader education requirements

    Most common floor trader degrees

    Bachelor's

    81.2 %

    Master's

    9.1 %

    Associate

    4.8 %
  2. Start to develop specific floor trader skills

    SkillsPercentages
    Futures Markets31.33%
    CME7.47%
    Equity Options6.87%
    NYSE6.12%
    Futures Contracts5.79%
  3. Research floor trader duties and responsibilities

    • Manage business, sales, marketing, international negotiation and communication for a commodities business.
    • Lead arbitrage trader with the highest return on investment.
    • Demonstrate outstanding performance and become recognized as one of the top producing firms on the NYSE.
    • Facilitate trades, generate commission dollars, and reduce risk for clients by reflecting liquidity on the NYSE to senior traders.
  4. Prepare your floor trader resume

    When your background is strong enough, you can start writing your floor trader resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a floor trader resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable floor trader resume templates

    Build a professional floor trader resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your floor trader resume.
    Floor Trader Resume
    Floor Trader Resume
    Floor Trader Resume
    Floor Trader Resume
    Floor Trader Resume
    Floor Trader Resume
    Floor Trader Resume
    Floor Trader Resume
    Floor Trader Resume
  5. Apply for floor trader jobs

    Now it's time to start searching for a floor trader job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first floor trader job

Zippi

Are you a floor trader?

Share your story for a free salary report.

Average floor trader salary

The average floor trader salary in the United States is $102,024 per year or $49 per hour. Floor trader salaries range between $59,000 and $174,000 per year.

Average floor trader salary
$102,024 Yearly
$49.05 hourly

What am I worth?

salary-calculator

How do floor traders rate their job?

Working as a floor trader? Share your experience anonymously.
Overall rating*
Career growth
Work/Life balance
Pay/Salary

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.