Commodity Trader Salary Information and Trends

Commodity traders can earn a median salary of around $84,000 in the United States, according to data from the Bureau of Labor Statistics. This figure can vary widely depending on factors such as location, experience, and specific industry.

In the commodities industry, salaries can range from around $60,000 for entry-level positions to over $150,000 for senior traders. Experienced traders who work in high-pressure environments, such as investment banks or hedge funds, can earn significantly higher salaries.

The highest-paying jobs in commodities trading are typically found in the oil and gas sector, where traders can earn up to $200,000 or more per year. This is due in part to the high volatility and risk associated with trading oil and gas commodities.

For your interest: Commodities Broker

The average commodity trader salary in the United States is $93,220, with salaries ranging between $55,000 and $156,000 yearly.

Commodity traders earn an average hourly rate of $44.82 per hour, which can add up quickly for those working long hours.

The highest average salary for commodity traders is found in New Hampshire.

In Texas, commodity traders earn an average salary of $77,568, with the 90th percentile salary reaching $99,829.

Here's a breakdown of the 25th, 50th, and 75th percentile salaries for commodity traders in Texas:

In specific job listings, commodity traders can earn between $80,000 and $125,000 per year, depending on the company and location.

For example, a Trader-Recycle Commodity at Georgia-Pacific in Los Angeles, CA earns $90,000 per year, while a Junior FX Trader, Commodities and Global Markets at MacQuarie Group in New York, NY earns $99,000 per year.

Commodity trader salaries vary significantly depending on the location. San Francisco, CA has the highest salary, with a 25.0% increase compared to the national average.

In contrast, Miami, FL has a lower salary, 3.5% below the national average. This significant difference highlights the importance of considering location when pursuing a career as a commodity trader.

Some of the highest-paying cities near New York, NY include West New York, NJ, Hoboken, NJ, and Jersey City, NJ, with salaries ranging from $82,508 to $84,156.

Consider reading: How Much Do Investment Bankers Make in New York

The hourly wage for commodity traders is a crucial factor to consider when evaluating their salaries. The average hourly rate for commodity traders is $44.82 per hour.

Commodity traders can earn a wide range of salaries, from $55,000 to $156,000 per year. The average salary for commodity traders in the United States is $93,220.

To get a better sense of what commodity traders earn, let's break down their salaries by frequency of pay. According to the 75th percentile, commodity traders earn an annual salary of $96,220, which translates to $8,018 per month, $1,850 per week, and $46 per hour.

Here's a breakdown of the average salary for commodity traders by frequency of pay:

Keep in mind that commodity trader salaries can vary significantly depending on factors such as location, education, and experience.

If you're considering a career as a commodity trader, it's essential to know that salaries can vary significantly depending on your location. In San Francisco, CA, commodity traders can earn 25.0% more than the national average salary.

Commodity traders in New York, NY can earn up to 16.8% more than the national average salary. In contrast, those in Miami, FL may earn 3.5% less.

Some of the highest-paying cities for commodity traders include West New York, NJ, Hoboken, NJ, and Jersey City, NJ, where salaries can reach $84,156. Other high-paying cities include Bronx, NY, and Brooklyn, NY, with similar salaries.

Here's a breakdown of the top 5 highest-paying cities for commodity traders near New York, NY:

In Texas, commodity traders can earn between $49,461 and $99,829, depending on their level of experience.

The average commodity trader salary varies significantly across different industries. In the finance industry, you can expect to earn a salary of $107,999, which is the highest of any industry.

Commodity traders in the manufacturing industry, on the other hand, earn the lowest average salary of $88,978.

Here's a breakdown of the average commodity trader salary by industry:

Note that these figures are averages, and actual salaries may vary depending on factors like experience, location, and specific job duties.

In the metal industry, salaries can vary greatly depending on the location. In Singapore, a metal trader can expect an average base salary of 84,000 SGD.

A bonus structure is also in place, with a bonus between 10% to 100% of the base salary. This means that a metal trader in Singapore can potentially earn up to 168,000 SGD in bonuses.

In other parts of the world, metal traders can earn significantly more. For instance, in a different region, the average base salary is 220,000 SGD, with a bonus between 0% to 200% of the base salary.

In another region, the average base salary is even higher, at 310,000 SGD, with a bonus between 0% to 300% of the base salary.

Here's a comparison of the average base salaries and bonus ranges for metal traders in different regions:

If you're considering a career in energy trading, Singapore is definitely worth considering. With an average base salary of 110,000 SGD, energy traders in Singapore can earn a decent income. Bonus structures can vary, but you can expect a bonus between 10% to 100% of your base salary.

The energy trading industry in Singapore benefits from the country's strategic location, which makes it a crucial hub for trade between the East and West. This is especially important for energy traders dealing with physical goods.

If you're looking to become a commodity trader, it's worth considering the highest paying industries in this field. The finance industry takes the top spot, with an average salary of $107,999.

Commodity traders in the finance industry earn significantly more than those in other sectors. In fact, the average salary in this industry is the highest of any industry, with a whopping $107,999.

Here's a breakdown of the top paying industries for commodity traders:

The manufacturing industry, on the other hand, is the lowest paying industry for commodity traders, with an average salary of $88,978.