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Proprietary trader vs forex trader

The differences between proprietary 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 $100,019 average annual salary of a proprietary trader.

The top three skills for a proprietary trader include technical analysis, equity markets and equities. The most important skills for a forex trader are technical analysis, foreign exchange market, and technical indicators.

Proprietary trader vs forex trader overview

Proprietary TraderForex Trader
Yearly salary$100,019$115,092
Hourly rate$48.09$55.33
Growth rate10%10%
Number of jobs54117,582
Job satisfaction--
Most common degreeBachelor's Degree, 81%Bachelor's Degree, 61%
Average age4343
Years of experience--

Proprietary trader vs forex trader salary

Proprietary traders and forex traders have different pay scales, as shown below.

Proprietary TraderForex Trader
Average salary$100,019$115,092
Salary rangeBetween $60,000 And $165,000Between $67,000 And $197,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyD. E. Shaw group-
Best paying industryFinance-

Differences between proprietary trader and forex trader education

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

Proprietary TraderForex Trader
Most common degreeBachelor's Degree, 81%Bachelor's Degree, 61%
Most common majorFinanceFinance
Most common collegeUniversity of Pennsylvania-

Proprietary trader vs forex trader demographics

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

Proprietary TraderForex Trader
Average age4343
Gender ratioMale, 95.7% Female, 4.3%Male, 91.5% Female, 8.5%
Race ratioBlack or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.6% Asian, 12.5% White, 66.1% 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 Percentage6%6%

Differences between proprietary trader and forex trader duties and responsibilities

Proprietary trader example responsibilities.

  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Perform qualitative research on potential risk arbitrage positions and subjectively choose equities for inclusion in a risk arbitrage portfolio.
  • Research market strategies and trends using Bloomberg.
  • Develop quantitative driven proprietary models by Bloomberg BLP / API and VBA programming.
  • Research and develop convertible bond pricing application for convertible arbitrage trades.
  • Assess market conditions within the equities market in order to maximize profitability.
  • Show more

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.

Proprietary trader vs forex trader skills

Common proprietary trader skills
  • Technical Analysis, 12%
  • Equity Markets, 10%
  • Equities, 9%
  • Financial Markets, 8%
  • Portfolio, 8%
  • Fundamental Analysis, 4%
Common forex trader skills
  • Technical Analysis, 25%
  • Foreign Exchange Market, 17%
  • Technical Indicators, 11%
  • Fundamental Analysis, 11%
  • Manage Risk, 9%
  • Market Trends, 5%