Securities and Commodities Traders: Salary, Job Description, How To Become One, and Quiz

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Securities and Commodities Traders career information
pros and cons of being a Securities and Commodities Trader

Securities and Commodities Traders

buy and sell securities and commodities to transfer debt, capital, or risk. Establish and negotiate unit prices and terms of sale.

$98770
Salary
63%
Job Satisfaction
Hard
Becoming One
Medium
Job Growth
Suitable Personality

Securities and Commodities Traders

Salary, Job Description, How To Become One, and More


In this career summary, you will find out what the job of a Securities and Commodities Trader is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Securities and Commodities Traders buy and sell securities and commodities to transfer debt, capital, or risk. Establish and negotiate unit prices and terms of sale.


    Read more about what does a Securities and Commodities Trader really do at work and what is it like being and working as one.




    Become one

    schools for Securities and Commodities Traders

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    Salary

    Average salary
    $98770 per year

    Average hourly wage
    $47 per hour


    Securities and Commodities Traders with little to no experience tend to make between $34360 and $42650 while the more experienced ones can earn over $123320 per year.

    Top 5 paying statesHourlyAnnual
    NY$78$161,580
    CT$59$122,890
    MA$57$118,310
    SD$55$113,460
    KS$52$107,500

    One of the easiest ways to increase your salary as a Securities and Commodities Trader is to move to a higher paying state like NY. Right now, the highest paying states for Securities and Commodities Traders are NY, CT, MA, SD and KS.

    However a higher pay at NY doesn’t guarantee that you will make more because the living expenses at NY might be twice as high than where you are currently at now.

    Three other factors that can increase your salary as a Securities and Commodities Trader is the degree you hold, the industry you work in and lastly the company you work for.



    Requirements

    Recommended degree level
    Bachelor’s Degree

    We asked other Securities and Commodities Traders what degree they had when they got the job and most of them said they had a Bachelor’s Degree followed by a High School Diploma.

    Other than that, we also asked them what did they major in and here are the most popular majors that came up.

    Financial Planning and Services
    Investments and Securities
    Business and Personal/Financial Services Marketing Operations

    Read more about how to become a Securities and Commodities Trader and the degree, training and education you need.



    Pros and Cons

    Here are some of the pros and cons of being a Securities and Commodities Trader.

    PROS
    Suitable for people who likes to start and carry out projects
    Suitable for people who values achievements and are results-oriented
    It is easy to get into this career. Some previous work-related skill, knowledge, or experience is required to get started.
    One of the highest paid careers in the world
    CONS
    Not suitable for people who likes to work with designs



    What is the job like

    Job satisfaction
    63%

    Is this job meaningful
    42%


    63% of Securities and Commodities Traders said they were satisfied with their job and 42% said they feel like their job is making other people’s lives better.



    Is this right for me

    Best personality for this career
    The Entrepreneurs and The Organizers


    You can read more about these career personality types here.

    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.



    How we can help

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