ScalpTrade Salary

ScalpTrade Salary

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As of August 2026, the average annual salary for employees at ScalpTrade in the United States is $94,162. This translates to an approximate hourly wage of $45. Salaries at ScalpTrade typically range from $82,591 to $106,697 annually, reflecting the diverse roles and experience levels within the company.

How Much Does ScalpTrade Pay for Different Roles?

Explore detailed salary information for specific jobs at ScalpTrade. Based on our data, the highest paying job is the Managing Director, with an annual salary of $728,896. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at ScalpTrade

Ready for your next career move? Explore current job openings at ScalpTrade. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is ScalpTrade’s Pay Competitive? Salary Benchmarking Analysis

How does ScalpTrade's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Beryl Capital Management LLC $99,890
+6.1%
Adjusted for higher cost-of-living indices in Beryl Capital Management LLC's primary metro hubs.
First Equity Home Loan Inc $86,799
-7.8%
Normalized for lower cost-of-living zones where First Equity Home Loan Inc primarily operates.
Novo Dia Group Inc $88,245
-6.3%
Typical compensation structure for smaller regional agencies like Novo Dia Group Inc.
CDC Financial Group Inc $89,500
-5.0%
CDC Financial Group Inc focuses strategically on recruiting and training entry-level apprentices.
Financial Services Industry $121,514
+29.0%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How ScalpTrade's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at ScalpTrade. Click a company name to learn more.

Employee Reviews: Working at ScalpTrade

Considering a career at ScalpTrade? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The leadership team is remarkably transparent about company performance, strategic direction, and industry challenges. Having the right tools demonstrates respect for our work. Opportunities to lead and innovate are abundant, and leadership remains open to feedback and improvement ideas. I enjoy the collaborative atmosphere and feel supported in pursuing growth and advancement opportunities within...
Commented in May 09, 2025
31
3
With employees, everyone is aligned in delivering exceptional service. It’s a dynamic place to grow, with ample opportunities for career advancement. I'm proud to be part of such a professional team. Regular updates and open forums ensure we are all informed and aligned, fostering a strong sense of trust and shared purpose. Ramp-up periods are realistic. The culture encourages initiative and learn...
Commented in October 20, 2024
17
0
The company’s commitment to diversity, equity, and inclusion creates a welcoming and collaborative environment. Communication between departments could be improved to enhance collaboration. The workplace culture is respectful but somewhat rigid. Managers encourage feedback and professional development.
Commented in February 25, 2024
11
0

ScalpTrade Overview

Website
www.scalptrade.com
Founded In
2009
Employees
<25 employees
Industry
Financial Services
Headquarter Address
141 W Jackson Blvd Chicago Illinois IL 60604
Revenue
<$5 Million
Phone Number
+1 3127203843
Social Media
About ScalpTrade
ScalpTrade is one of Chicago's premier trading firms and technology service providers. Founded in 2007, ScalpTrade leverages sophisticated proprietary technology to help the firm navigate and capitalize on opportunities in today's capital markets.

What Benefits Does ScalpTrade Offer Beyond Salary?

A competitive compensation package is more than just a salary. ScalpTrade offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at ScalpTrade.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from ScalpTrade, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of ScalpTrade salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of ScalpTrade

1. What is the average salary for employees at ScalpTrade?

The average annual total compensation for employees at ScalpTrade is approximately $94,162. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,591 to $106,697, depending on factors like job role, experience, and location.

2. How much does ScalpTrade pay compared to Beryl Capital Management LLC?

The average annual salary at ScalpTrade is $94,162, or an hourly wage of $45, in comparison to Beryl Capital Management LLC which pays $99,890 per year or $48 per hour.

3. How does having a professional certification impact salary for relevant roles at ScalpTrade?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at ScalpTrade for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does ScalpTrade offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially ScalpTrade, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at ScalpTrade?

Most companies, likely including ScalpTrade, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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