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Stock trader vs foreign exchange trader

The differences between stock traders and foreign exchange traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a stock trader has an average salary of $116,269, which is higher than the $115,133 average annual salary of a foreign exchange trader.

The top three skills for a stock trader include financial statements, stock market and technical analysis. The most important skills for a foreign exchange trader are manage risk, equities, and foreign exchange products.

Stock trader vs foreign exchange trader overview

Stock TraderForeign Exchange Trader
Yearly salary$116,269$115,133
Hourly rate$55.90$55.35
Growth rate10%10%
Number of jobs20,87817,829
Job satisfaction-5
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 77%
Average age4343
Years of experience--

Stock trader vs foreign exchange trader salary

Stock traders and foreign exchange traders have different pay scales, as shown below.

Stock TraderForeign Exchange Trader
Average salary$116,269$115,133
Salary rangeBetween $68,000 And $198,000Between $66,000 And $199,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Paul Hastings
Best paying industry-Finance

Differences between stock trader and foreign exchange trader education

There are a few differences between a stock trader and a foreign exchange trader in terms of educational background:

Stock TraderForeign Exchange Trader
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 77%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Stock trader vs foreign exchange trader demographics

Here are the differences between stock traders' and foreign exchange traders' demographics:

Stock TraderForeign Exchange Trader
Average age4343
Gender ratioMale, 84.5% Female, 15.5%Male, 79.6% Female, 20.4%
Race ratioBlack or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.3% Asian, 12.2% White, 66.7% 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 Percentage6%6%

Differences between stock trader and foreign exchange trader duties and responsibilities

Stock trader example responsibilities.

  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Maintain complete knowledge of investment products including stocks, options, municipal bonds, treasuries, mutual funds and annuities.
  • Develop knowledge and actively trade equities, futures, options, and currencies.
  • Synchronize logistics of multiple cash and derivative trading desks.
  • Trade stocks daily during market hours on the NYSE and NASDAQ.
  • Work from home analyzing and trading stocks on the NYSE and NASDAX markets.
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Foreign exchange trader example responsibilities.

  • Manage overall risk for FX online dealer during Asia shift.
  • Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
  • Experience using Bloomberg, Reuters, and FX trading platforms.
  • Display subject matter expertise in Reuters, Bloomberg, EBS, and various foreign exchange platforms.
  • Use of Reuters, CQG and Knight-Ridder computer services.
  • Validate transaction and trading details with international banks and multiple ECN trading platforms.
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Stock trader vs foreign exchange trader skills

Common stock trader skills
  • Financial Statements, 16%
  • Stock Market, 10%
  • Technical Analysis, 10%
  • Market Trends, 9%
  • Fundamental Analysis, 9%
  • Equities, 7%
Common foreign exchange trader skills
  • Manage Risk, 35%
  • Equities, 17%
  • Foreign Exchange Products, 12%
  • Foreign Currency Transactions, 8%
  • Technical Analysis, 3%
  • Fundamental Analysis, 2%