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Forex trader vs flow trader

The differences between forex traders and flow 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 $108,169 average annual salary of a flow trader.

The top three skills for a forex trader include technical analysis, foreign exchange market and technical indicators. The most important skills for a flow trader are ETF, FX, and pnl.

Forex trader vs flow trader overview

Forex TraderFlow Trader
Yearly salary$115,092$108,169
Hourly rate$55.33$52.00
Growth rate10%10%
Number of jobs17,582560
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 80%
Average age4343
Years of experience--

Forex trader vs flow trader salary

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

Forex TraderFlow Trader
Average salary$115,092$108,169
Salary rangeBetween $67,000 And $197,000Between $61,000 And $189,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between forex trader and flow trader education

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

Forex TraderFlow Trader
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 80%
Most common majorFinanceFinance
Most common college-Massachusetts Institute of Technology

Forex trader vs flow trader demographics

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

Forex TraderFlow Trader
Average age4343
Gender ratioMale, 91.5% Female, 8.5%Male, 100.0% Female, 0.0%
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 flow 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.

Flow trader example responsibilities.

  • Manage foreign currency position and maximize profit from FX market.
  • Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
  • Increase the update frequency of currency position from minutes to seconds by applying VBA.
  • Provide FX investment consultant and training class to investment sales, making them qualify for introducing to customers.
  • Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
  • Make markets electronically in CME commodity option markets.

Forex trader vs flow 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 flow trader skills
  • ETF, 40%
  • FX, 38%
  • PnL, 22%