Grain trader vs stock broker

The differences between grain traders and stock brokers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a grain trader and a stock broker. Additionally, a grain trader has an average salary of $107,547, which is higher than the $59,096 average annual salary of a stock broker.

The top three skills for a grain trader include commodities, arbitrage and wheat. The most important skills for a stock broker are financial products, client portfolios, and securities.

Grain trader vs stock broker overview

	Grain Trader	Stock Broker
Yearly salary	$107,547	$59,096
Hourly rate	$51.71	$28.41
Growth rate	10%	10%
Number of jobs	1,017	29,202
Job satisfaction	5	-
Most common degree	Bachelor's Degree, 85%	Bachelor's Degree, 77%
Average age	43	43
Years of experience	6	6

Grain trader vs stock broker salary

Grain traders and stock brokers have different pay scales, as shown below.

	Grain Trader	Stock Broker
Average salary	$107,547	$59,096
Salary range	Between $61,000 And $188,000	Between $37,000 And $93,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	ICAP
Best paying industry	-	Finance

Differences between grain trader and stock broker education

There are a few differences between a grain trader and a stock broker in terms of educational background:

	Grain Trader	Stock Broker
Most common degree	Bachelor's Degree, 85%	Bachelor's Degree, 77%
Most common major	Business	Business
Most common college	Harvard University	University of Pennsylvania

Grain trader vs stock broker demographics

Here are the differences between grain traders' and stock brokers' demographics:

	Grain Trader	Stock Broker
Average age	43	43
Gender ratio	Male, 60.9% Female, 39.1%	Male, 85.5% Female, 14.5%
Race ratio	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%	Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.4% American Indian and Alaska Native, 0.2%
LGBT Percentage	6%	6%

Differences between grain trader and stock broker duties and responsibilities

Grain trader example responsibilities.

Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
Purchase and sell physical commodities in order to capitalize on arbitrage opportunities between various locations, markets and commodities.
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.

Stock broker example responsibilities.

Manage communication with clients regarding margin call requirements base on NYSE and NASD standards.
Administer the purchase and sale of small cap equities trade on NASDAQ and NYSE exchanges.
Study to pass all require FINRA testing!
Develop and monitor all stock trading and reporting and institute guidelines for proper FINRA procedures.
Calculate common area maintenance expenses and CPI increases and notify tenants via letter of increases.
Generate over $200k in derivative commission revenue through full-service brokerage and execution and roughly $100K in self-direct trading commission.

Grain trader vs stock broker skills

Common grain trader skills

Commodities, 52%
Arbitrage, 30%
Wheat, 18%

Common stock broker skills

Financial Products, 11%
Client Portfolios, 10%
Securities, 8%
Bonds, 7%
Stock Market, 4%
Cold Calls, 4%

Grain Trader vs. similar jobs

Grain Trader related careers

Grain Trader related jobs

What similar roles do

Zippia Careers
Sales Industry
Grain Trader
Grain Trader vs Stock Broker

Updated January 8, 2025

Browse sales jobs