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Virtual assistant vs trading assistant

The differences between virtual assistants and trading assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a virtual assistant and a trading assistant. Additionally, a trading assistant has an average salary of $101,645, which is higher than the $39,915 average annual salary of a virtual assistant.

The top three skills for a virtual assistant include data entry, customer service and email management. The most important skills for a trading assistant are trade shows, P/L, and securities.

Virtual assistant vs trading assistant overview

Virtual AssistantTrading Assistant
Yearly salary$39,915$101,645
Hourly rate$19.19$48.87
Growth rate-8%-8%
Number of jobs49,50826,872
Job satisfaction--
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 78%
Average age5050
Years of experience22

What does a virtual assistant do?

Virtual Assistants are remote workers who work with clients that need assistance. They usually do administrative or clerical activities such as managing soft copies of a document, writing e-mail correspondences, managing calendars, scheduling appointments, and other activities. They manage the e-mail of their clients and respond to inquiries and other messages. They also manage phone calls by answering calls, taking messages, and dialing for their clients. Virtual Assistants may also be asked to handle travel-related tasks of their clients, such as creating itineraries, booking flights, and booking hotels.

What does a trading assistant do?

A trading assistant is primarily in charge of performing support tasks for traders and participate in securing sales for a company. Their responsibilities typically revolve around liaising with clients through calls and correspondence to offer products and services, discussing specifications, negotiating billing plans, and processing payments. They must also assist traders by performing market research and analysis, preparing and processing documentation, arranging meetings and appointments, running errands, and resolving issues and concerns in adherence to the company's policies and regulations.

Virtual assistant vs trading assistant salary

Virtual assistants and trading assistants have different pay scales, as shown below.

Virtual AssistantTrading Assistant
Average salary$39,915$101,645
Salary rangeBetween $29,000 And $54,000Between $58,000 And $176,000
Highest paying CityWashington, DCHartford, CT
Highest paying stateHawaiiConnecticut
Best paying companyIBMOak Hill Advisors
Best paying industryProfessionalFinance

Differences between virtual assistant and trading assistant education

There are a few differences between a virtual assistant and a trading assistant in terms of educational background:

Virtual AssistantTrading Assistant
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 78%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityUniversity of Pennsylvania

Virtual assistant vs trading assistant demographics

Here are the differences between virtual assistants' and trading assistants' demographics:

Virtual AssistantTrading Assistant
Average age5050
Gender ratioMale, 12.4% Female, 87.6%Male, 58.6% Female, 41.4%
Race ratioBlack or African American, 9.1% Unknown, 3.9% Hispanic or Latino, 16.0% Asian, 3.8% White, 66.5% American Indian and Alaska Native, 0.7%Black or African American, 9.3% Unknown, 3.9% Hispanic or Latino, 16.3% Asian, 3.8% White, 66.0% American Indian and Alaska Native, 0.7%
LGBT Percentage6%6%

Differences between virtual assistant and trading assistant duties and responsibilities

Virtual assistant example responsibilities.

  • Organize and manage client's social media using Hootsuite.
  • Manage payments and receipts in QuickBooks, manage bank deposits.
  • Manage the LinkedIn account and network of a human resources professional.
  • Assist in managing client accounts via twitter, Facebook, and link in.
  • Manage emails, voice mail, Skype, chat, and twitter correspondence.
  • Manage social media pages as well as the business Facebook page and group page.
  • Show more

Trading assistant example responsibilities.

  • Manage the cross-book with various brokers, trying to get the best rates for ADR trades.
  • Ensure accurate communication between traders and stock markets and manage all derivative portfolios for internationally known trading corporation.
  • Maintain the day-to-day operations of multiple internal trade capture applications, including creating new securities and managing the various classifications.
  • Ensure reporting accuracy by preparing daily profit/loss spreadsheet for entire manage portfolio, including accrual of market positions initiate and liquidate.
  • Cash management and various reconciliations of the hedge fund's feeder and master funds.
  • Calculate daily P/L for hedge fund consisting of futures, equities, and foreign currencies.
  • Show more

Virtual assistant vs trading assistant skills

Common virtual assistant skills
  • Data Entry, 9%
  • Customer Service, 8%
  • Email Management, 8%
  • Booking, 7%
  • Website Maintenance, 6%
  • Zoom, 6%
Common trading assistant skills
  • Trade Shows, 12%
  • P/L, 7%
  • Securities, 7%
  • Portfolio, 6%
  • Bloomberg, 6%
  • Fixed Income, 5%

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