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The differences between floor traders and forex traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a forex trader has an average salary of $115,092, which is higher than the $102,024 average annual salary of a floor trader.
The top three skills for a floor trader include futures markets, CME and equity options. The most important skills for a forex trader are technical analysis, foreign exchange market, and technical indicators.
Floor traders and forex traders have different pay scales, as shown below.
| Floor Trader | Forex Trader | |
| Average salary | $102,024 | $115,092 |
| Salary range | Between $59,000 And $174,000 | Between $67,000 And $197,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a floor trader and a forex trader in terms of educational background:
| Floor Trader | Forex Trader | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 61% |
| Most common major | Finance | Finance |
| Most common college | University of Pennsylvania | - |
Here are the differences between floor traders' and forex traders' demographics:
| Floor Trader | Forex Trader | |
| Average age | 43 | 43 |
| Gender ratio | Male, 94.8% Female, 5.2% | Male, 91.5% Female, 8.5% |
| Race ratio | Black or African American, 5.6% Unknown, 4.1% Hispanic or Latino, 11.7% Asian, 11.2% White, 67.2% American Indian and Alaska Native, 0.2% | Black or African American, 5.4% Unknown, 4.1% Hispanic or Latino, 11.1% Asian, 12.1% White, 67.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |