Position
Salary

How much does a Trader make?

The average salary for a Trader is $137,175 per year in the US.

Traders play a key role in financial markets, and their salaries can vary widely. The average yearly salary for a trader is around $137,175. This figure can change based on experience, location, and the specific type of trading. Traders often work in fast-paced environments, making quick decisions that can impact their earnings.

Traders can earn different amounts depending on their role and the market they work in. For example, those in the top 10% of earners can make over $250,000 a year. Factors like the type of securities traded, the size of the firm, and the trader's performance all play a part in determining their salary. Success in trading often comes with higher rewards, making it a potentially lucrative career choice.

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What are the highest paying cities for a Trader?

Job seekers looking for Trader roles can find lucrative opportunities in several cities. Houston, TX, offers the highest average salary of $163,057, making it a top choice for traders. Boston, MA, follows closely with an average salary of $160,806, providing another strong option for those in the field. Chicago, IL, and Denver, CO, also present competitive salaries, with $120,708 and $112,658 respectively. These cities offer a mix of financial hubs and growing markets, making them attractive for traders seeking both stability and growth.
Graph displaying highest paying cities salaries for Trader jobs, highlighting Houston, TX with the highest at $163,057 and Las Vegas, NV with the lowest at $60,585.
  1. Houston, TX
    Average Salary: $163,057
    In Houston, financial markets thrive, offering many opportunities for those in trading. Companies like Goldman Sachs and JPMorgan Chase provide strong platforms for growth. The city's diverse economy supports a dynamic trading environment.
    Find Trader jobs in Houston, TX


  2. Boston, MA
    Average Salary: $160,806
    Boston is a hub for finance and trading, with many opportunities in the sector. With firms like Fidelity Investments and State Street Corporation, professionals can find rewarding careers. The city's rich history in finance adds to its appeal.
    Find Trader jobs in Boston, MA


  3. Chicago, IL
    Average Salary: $120,708
    Chicago is known for its financial markets, making it a prime location for traders. The city is home to the Chicago Mercantile Exchange and many other financial institutions. Opportunities for career advancement are plentiful.
    Find Trader jobs in Chicago, IL


  4. Denver, CO
    Average Salary: $112,658
    Denver offers a growing market for trading professionals. The city's economy is expanding, with companies like Charles Schwab providing solid opportunities. Denver's vibrant business culture supports a dynamic trading scene.
    Find Trader jobs in Denver, CO


  5. Las Vegas, NV
    Average Salary: $60,585
    Las Vegas is an exciting place for traders, with a mix of entertainment and finance. The city's unique market environment offers opportunities for growth. Companies like MGM Resorts International provide diverse trading experiences.
    Find Trader jobs in Las Vegas, NV

What are the best companies a Trader can work for?

Citi offers one of the highest salaries for traders, averaging around $231,250 annually. This financial giant provides a competitive environment with excellent benefits. Edward Jones, another top employer, offers traders an average salary of about $118,445 per year, making it a solid choice for those in the field.
Graph displaying best paying company salaries for Trader jobs, highlighting Citi with the highest at $231,250 and Edward Jones with the lowest at $118,445.
  1. Citi
    Average Salary: $231,250
    Citi offers a dynamic environment for traders. They work in major financial hubs like New York, London, and Hong Kong. Citi provides traders with advanced tools and training. They focus on global markets, including currencies, commodities, and bonds.


  2. Edward Jones
    Average Salary: $118,445
    Edward Jones is known for its supportive culture for traders. They operate in many locations across the United States. The company emphasizes personal growth and client relationships. Traders at Edward Jones work with individual investors, helping them with investment strategies.

How to earn more as a Trader?

A trader can increase their earnings by focusing on several key areas. Developing a solid trading strategy is essential. This strategy should include clear entry and exit points, risk management techniques, and a disciplined approach to trading. A trader who follows a well-thought-out plan is more likely to make consistent profits.

Another important factor is continuous learning. The financial markets are always changing. Traders need to stay updated with the latest trends, news, and technologies. Attending workshops, webinars, and reading relevant books can help a trader stay ahead of the curve. Networking with other traders and mentors can also provide valuable insights and opportunities. Building a strong professional network can lead to better trading opportunities and increased earnings.

Here are five factors that can help a trader earn more:

  1. Trading Strategy: Develop and follow a clear trading plan.
  2. Continuous Learning: Stay updated with the latest market trends and technologies.
  3. Risk Management: Implement effective risk management techniques to protect capital.
  4. Discipline: Stick to the trading plan and avoid emotional decisions.
  5. Networking: Build and maintain a strong professional network.

Currently 22 Trader job openings, nationwide.

How's the job market for a Trader in the US?

Learn what a Trader does, how to become one, and understand the job outlook. Get simple steps to start your career as a Trader today.
Position
Overview
Trader
22 Job Openings