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Forex trader vs block trader

The differences between forex traders and block 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 $111,384 average annual salary of a block trader.

Forex trader vs block trader overview

Forex TraderBlock Trader
Yearly salary$115,092$111,384
Hourly rate$55.33$53.55
Growth rate10%10%
Number of jobs17,582567
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 88%
Average age4343
Years of experience--

Forex trader vs block trader salary

Forex traders and block traders have different pay scales, as shown below.

Forex TraderBlock Trader
Average salary$115,092$111,384
Salary rangeBetween $67,000 And $197,000Between $63,000 And $195,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between forex trader and block trader education

There are a few differences between a forex trader and a block trader in terms of educational background:

Forex TraderBlock Trader
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 88%
Most common majorFinanceFinance
Most common college-University of Southern California

Forex trader vs block trader demographics

Here are the differences between forex traders' and block traders' demographics:

Forex TraderBlock Trader
Average age4343
Gender ratioMale, 91.5% Female, 8.5%Male, 89.5% Female, 10.5%
Race ratioBlack 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%Black or African American, 4.3% Unknown, 4.0% Hispanic or Latino, 8.4% Asian, 9.6% White, 73.5% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between forex trader and block trader duties and responsibilities

Forex trader example responsibilities.

  • Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
  • Execute institutional equity orders on both an agency and proprietary basis in strict accordance to FINRA regulations and establish company guidelines.
  • Execute institutional equity orders on both an agency and proprietary basis in strict accordance to FINRA regulations and establish company guidelines.

Block trader example responsibilities.

  • Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
  • Screen equities for possible investments.
  • Assist senior traders on the block desk in trading all list securities.
  • Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
  • Trade firm capital using a market neutral long short programme momentum proprietary trading strategy.

Forex trader vs block trader skills

Common forex trader skills
  • Technical Analysis, 25%
  • Foreign Exchange Market, 17%
  • Technical Indicators, 11%
  • Fundamental Analysis, 11%
  • Manage Risk, 9%
  • Market Trends, 5%
Common block trader skills