As of March 26, 2024, the average annual pay of Commodity Trader in Chicago, IL is $74,705. While Salary.com is seeing that Commodity Trader salary in Chicago, IL can go up to $96,151 or down to $47,636, but most earn between $60,536 and $85,931. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com provides you with accurate and diversified Commodity Trader salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Commodity Trader hourly pay, weekly pay, monthly pay and so on.
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $85,931 | $7,161 | $1,653 | $41 |
| Average | $74,705 | $6,225 | $1,437 | $36 |
| 25th Percentile | $60,536 | $5,045 | $1,164 | $29 |
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An entry-level Commodity Trader with no related experience makes about $70,053. With less than 2 years of experience, a mid-level Commodity Trader makes around $70,476. After 2-4 years, the Commodity Trader pay rises to about $73,225. Those senior Commodity Trader with 5-8 years of experience earn roughly $78,894, and those Commodity Trader having 8 years or more experience are expected to earn about $80,569 on average.
| Levels | Salary |
|---|---|
| Entry Level Commodity Trader | $70,053 |
| Intermediate Level Commodity Trader | $70,476 |
| Senior Level Commodity Trader | $73,225 |
| Specialist Level Commodity Trader | $78,894 |
| Expert Level Commodity Trader | $80,569 |
| Entry Level | 6% |
| Mid Level | 6% |
| Senior Level | 2% |
| Top Level | 6% |
| Experienced | 8% |
| View as Graph | |
The metropolitan areas that pay the highest salary in the Commodity Trader profession are Cicero,IL, Oak Park,IL, Evanston,IL, Skokie,IL, Oak Lawn,IL, Des Plaines,IL, Schaumburg,IL, Palatine,IL, Arlington Heights,IL, and Orland Park,IL.
| Cities | Salary |
|---|---|
| Cicero,IL | $75,126 |
| Oak Park,IL | $75,126 |
| Evanston,IL | $75,097 |
| Skokie,IL | $75,097 |
| Oak Lawn,IL | $75,040 |
| Des Plaines,IL | $74,926 |
| Schaumburg,IL | $74,355 |
| Palatine,IL | $73,500 |
| Arlington Heights,IL | $73,416 |
| Orland Park,IL | $72,966 |
Commodity Trader salary varies from city to city. Compared with national average salary of Commodity Trader, the highest Commodity Trader salary is in San Francisco, CA, where the Commodity Trader salary is 25.0% above. The lowest Commodity Trader salary is in Miami, FL, where the Commodity Trader salary is 3.5% lower than national average salary.
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Commodity Trader is responsible for the timely buying and selling of stock options. Reviews orders to ensure accuracy, proper record keeping, and conformance to regulations. Being a Commodity Trader may provide input or develop financial models to mitigate risk and ensure profits. Requires a bachelor's degree in area of specialty or in a related area, and may require state licensure. Additionally, Commodity Trader typically reports to a manager or head of a unit/department. To be a Commodity Trader typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)... View full job description
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