The floating memristor emulator is based on a circuit implementation that uses grounded capacitors and CFOAs in addition to combinations of diodes and resistors to provide the required nonlinearity and time constants. This circuit results in low power consumption, cost reduction and ease of implementation because it avoids the use of multipliers, ADCs and RDACs. The present circuit is used in an FM demodulator, which exploits the frequency-dependence of the memristance. Successful use in the FM demodulator confirmed the functionality of the present floating memristor emulator circuit.