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Financial Trader Salary in Michigan

How much does a Financial Trader make in Michigan? The salary range for a Financial Trader job is from $79,271 to $96,823 per year in Michigan. Click on the filter to check out Financial Trader job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$86,018
Per Year
The average salary for a Financial Trader is $86,018
per Year in Michigan.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$79,271
$86,018
Medium
$96,823

Highest Paying Cities for Financial Trader in Michigan

Here are the top eight that pay the highest Financial Trader salary in MI. Due to the cost of living in different locations, the Financial Trader salary will also be different. Ann Arbor with the highest wage for the Financial Trader in Michigan has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Financial Trader

Financial Trader works in Michigan will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.

How Much Do Similar Professions Get Paid in Michigan?

The Financial Trader jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Financial Trader, while they have the Financial Trader responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Senior Options Trader
Average salary
United States
$108,900
per Year
Intermediate Options Trader
Average salary
United States
$71,700
per Year
Trader
Average salary
United States
$55,534
per Year
Securities Trader
Average salary
United States
$107,790
per Year
Energy Trader
Average salary
United States
$108,600
per Year
Floor Trader
Average salary
United States
$176,490
per Year

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

What Does a Financial Trader Do?

Admittedly, financial traders don’t spend their entire day running around trading floors, barging into each other, sweating profusely, panicking, undoing their ties and screaming “BUUUYYYYY!!!!” or “SEELLLLL!!!!” until their heads explode.

December 20, 2021

Traders will also review economic calendars to find out which market-moving financial reports—such as the weekly petroleum status report—are due that day.

December 16, 2021

A financial trader is a person who buys and sells financial instruments (such as stocks, currencies or commodities) in a financial market.

September 24, 2021

Traders need to be registered with the Financial Conduct Authority before they can start trading, which means passing a number of exams.

December 12, 2021

As a financial trader, you'll buy and sell shares, bonds and assets for investors, including individuals and banks.

November 10, 2021

Most traders work in the City, which describes the UK financial services sector rather than a physical place.

November 30, 2021

The amount you could make as a financial trader varies quite widely (some actually lose money) based on many factors, including, but not limited to:.

November 19, 2021

Most Common Benefits for Financial Trader

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Financial Trader
Get a personal salary report to know Which factors can influence Financial Trader salary.
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Admittedly, financial traders don’t spend their entire day running around trading floors, barging into each other, sweating profusely, panicking, undoing their ties and screaming “BUUUYYYYY!!!!” or “SEELLLLL!!!!” until their heads explode.
Is this information useful?
Thank you!
Check the below career pages for detailed pay ranges for similar professions to Financial Trader:
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Saline pays the highest Financial Trader wage. Get personal salary report to explore more salary information in different cities.
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The Financial Trader salary range is $79,271 to $96,823 in MI.
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