Salary for Securities and Commodities Traders
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Securities and commodities traders work in a financial market selling securities to an individual or a company. The position also allows these professionals to advise investors of the best investment choices as well as help them conduct trades. This requires the traders to contract potential clients and explain the services that are offered; buy and sell securities, stocks and bonds and commodities; analyze finances and make recommendations and evaluate costs of such securities and commodities. There are many different products in which a professional trader can assist an individual in investing. A love for people and helping others is good to have within this profession.A Securities or Commodities Trader usually gets an average compensation somewhere between 72000 to 108000 based on experience. Securities and Commodities Traders can get an average wage of Ninety Five Thousand Two Hundred dollars per year.
Securities and Commodities Traders obtain the highest pay in Connecticut, where they receive average compensation of about $161110. People with these jobs can get the highest pay in Utilities, which has average wages of $133710.
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The national wage distribution is shown below. To overlay local salaries for a Securities or Commodities Trader, please select your state.
ANNUAL SALARY
HOURLY RATE
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SALARY TREND
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 4.49 percent nationwide in that time.
INDUSTRIES
Securities and Commodities Traders tend to make the most in the following industries
| Wholesale Trade | $133,710 |
| Utilities | $112,700 |
| Professional, Scientific, and Technical Services | $109,710 |
| Real Estate and Rental and Leasing | $106,150 |
| Management of Companies and Enterprises | $101,980 |
| Information | $99,690 |
In general, they earn less within the industries below
| Other Services (except Public Administration) | $57,310 |
| Administrative, Support and Waste Management Services | $70,600 |
| Retail Trade | $72,570 |
| Manufacturing | $81,480 |
| Public Administration | $91,100 |
| Finance and Insurance | $94,700 |
