Other names for this job might include Bank and Savings Securities Trader, Block Trader, Bond Trader, Broker, Commodities Trader, Commodity Trader, Corporate Bond Trader, Equities Trader, Equity Trader, Fixed Income Director
Stock and Commodities Traders with little to no experience tend to make between $32680 and $40410 while the more experienced ones make over $135430 per year.
Top 5 paying states
1 of the easiest ways to increase your salary as A Stock and Commodities Trader is to move to a higher paying state like NY. Right now, the highest paying states for Stock and Commodities Traders are NY, NH, CT, MA and KS.
However a higher pay at NY doesn’t guarantee that you will make more because the living expenses at NY might be 2x higher than where you are currently at now.
3 other factors that can increase your salary as A Stock and Commodities Trader is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).
People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.
They also like following set procedures and routines. They like working with data and details more than with ideas.
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