Trader salary

Average trader salary

$90,179

$43.36 hourly rate

Entry-level trader salary
$56,000 yearly salary
Updated January 8, 2025

How much does a trader make?

The average trader salary in the United States is $90,179. Trader salaries typically range between $56,000 and $144,000 yearly. The average hourly rate for traders is $43.36 per hour.

Trader salary is impacted by location, education, and experience. Traders earn the highest average salary in New York.

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Where can a Trader earn more?

Compare salary by location
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Vs
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143k
123k
103k
83k
63k
43k
New York$121,527
Coral Gables, FL$72,540
Compare salary by company
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171k
151k
131k
111k
91k
The Citadel$156,135
The Vanguard Group$121,287

Trader salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed, Glassdoor and Comparably, the average salary for a trader typically falls between $55,303 and $230,000.
zippia
$90,179yearly
glassdoor[1]
$112,112yearly
indeed[2]
$90,434yearly
comparably[3]
$230,000yearly
Salary.com[4]
$55,303yearly

Average trader salary by state

Highest paying states for traders

Rank
ascdesc
State
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
1New York$120,415$57.89
2Delaware$107,010$51.45
3West Virginia$90,058$43.30
4Rhode Island$113,200$54.42
5Connecticut$102,420$49.24
6Nevada$112,738$54.20
7District of Columbia$103,407$49.71
8Ohio$89,916$43.23
9New Hampshire$113,348$54.49
10New Jersey$96,942$46.61
11Texas$88,516$42.56
12Hawaii$100,098$48.12
13Wyoming$84,359$40.56
14Georgia$88,364$42.48
15Michigan$92,295$44.37
16New Mexico$93,556$44.98
17Louisiana$87,575$42.10
18Oklahoma$88,084$42.35
19Alaska$83,638$40.21
20Vermont$81,956$39.40
21Montana$85,129$40.93
22South Carolina$83,039$39.92
23Arkansas$79,553$38.25
24Missouri$86,748$41.71
25Illinois$81,159$39.02
26South Dakota$78,977$37.97
27Massachusetts$84,436$40.59
28Kentucky$83,061$39.93
29Maine$82,051$39.45
30North Carolina$77,969$37.49
31Utah$82,933$39.87
32Minnesota$83,991$40.38
33Mississippi$74,647$35.89
34Iowa$77,439$37.23
35Maryland$80,492$38.70
36Nebraska$70,580$33.93
37California$83,061$39.93
38Pennsylvania$76,596$36.83
39Tennessee$73,209$35.20
40North Dakota$72,873$35.04
41Oregon$79,142$38.05
42Kansas$75,899$36.49
43Idaho$72,125$34.68
44Arizona$75,465$36.28
45Florida$71,535$34.39
46Alabama$61,319$29.48
47Virginia$73,331$35.26
48Washington$75,529$36.31
49Colorado$65,140$31.32
50Indiana$65,288$31.39
51Wisconsin$66,176$31.82

Highest paying cities for traders

The highest-paying cities for traders are White Plains, NY, Las Vegas, NV, and Stamford, CT.

Rank
ascdesc
City
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
1White Plains, NY$121,527$58.43
2Las Vegas, NV$112,415$54.05
3Stamford, CT$101,860$48.97
4Jersey City, NJ$97,299$46.78
5San Antonio, TX$90,008$43.27
6San Francisco, CA$88,158$42.38
7Atlanta, GA$88,103$42.36
8Saint Louis, MO$87,776$42.20
9Cincinnati, OH$84,972$40.85
10Boston, MA$84,642$40.69
11Minneapolis, MN$83,955$40.36
12Salt Lake City, UT$82,284$39.56
13Evanston, IL$81,816$39.33
14Baltimore, MD$80,995$38.94
15Raleigh, NC$79,543$38.24
16Portland, OR$78,349$37.67
17Philadelphia, PA$77,426$37.22
18Seattle, WA$76,101$36.59
19Richmond, VA$72,657$34.93
20Coral Gables, FL$72,540$34.88

Traders are the most in-demand in these five cities:

  1. White Plains, NY
  2. Las Vegas, NV
  3. Stamford, CT
  4. Jersey City, NJ
  5. Atlanta, GA

Trader salary details

A trader's salary ranges from $56,000 a year at the 10th percentile to $144,000 at the 90th percentile.

Average Trader Salary Graph
Average Trader Salary Graph, Trends, and Summary

What is a trader's salary?

Percentile
ascdesc
Annual Salary
ascdesc
Monthly Salary
ascdesc
Hourly Rate
ascdesc
90th Percentile$144,000$12,000$69
75th Percentile$115,000$9,583$55
Average$90,179$7,515$43
25th Percentile$70,000$5,833$34
10th Percentile$56,000$4,667$27

Highest paying trader jobs

The highest paying types of traders are hedge fund trader, energy derivatives trader, and day trader.

Job Title
ascdesc
Annual Salary
ascdesc
Monthly Salary
ascdesc
Hourly Rate
ascdesc
Job Openings
ascdesc
Finance Service Advisor$50,706$4,225$24.38118,612
Finance Representative$41,765$3,480$20.08124,645
Foreign Exchange Trader$115,133$9,594$55.3517,829
Hedge Fund Trader$117,549$9,796$56.5112,689
Commodity Trader$93,220$7,768$44.8210,906
Options Trader$110,139$9,178$52.951,433

Which companies pay traders the most?

Trader salaries at The Citadel and CITGO Petroleum are the highest-paying according to our most recent salary estimates. In addition, the average trader salary at companies like Neuberger Berman and Jane Street are highly competitive.

Rank
ascdesc
Company
ascdesc
Average Salary
ascdesc
Hourly Rate
ascdesc
1The Citadel$156,135$75.06
2CITGO Petroleum$137,508$66.11
3Neuberger Berman$136,727$65.73
4Jane Street$136,089$65.43
5BP America Inc$134,304$64.57
6Hess$130,046$62.52
7D. E. Shaw group$129,822$62.41
8First Republic Bank$129,731$62.37
9MFS Investment Management$129,482$62.25
10Putnam Investments$129,006$62.02
11Phillips 66$125,885$60.52
12BNY Mellon$125,789$60.48
13ConocoPhillips$124,942$60.07
14Town Square Financial$124,715$59.96
15Wellington Management$124,073$59.65
16CTC$123,531$59.39
17Invesco$123,346$59.30
18Citi$122,313$58.80
19AQR Capital Management$121,825$58.57
20The Vanguard Group$121,287$58.31

Wage gap by gender, race and education

$86,000$84,200$82,400$80,600$78,800$77,000
MaleFemale

Trader salary trends

The average trader salary has fallen by $-10,150 over the last ten years. In 2014, the average trader earned $100,329 annually, but today, they earn $90,179 a year. That works out to a -4% change in pay for traders over the last decade.

Compare trader salaries for cities or states with the national average over time.

Average trader salary over time

Compare trader salaries for individual cities or states with the national average.

  • National Average

Trader salary by year

Year
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
% Change
ascdesc
2025$90,200$43.36+3.9%
2024$86,700$41.68-3.0%
2023$89,300$42.92+0.5%
2022$88,800$42.69-5.5%
2021$93,700$45.06-6.3%

Recently added trader salaries

Company
ascdesc
Job
ascdesc
Location
ascdesc
Date Added
ascdesc
Salary
ascdesc
International Game Technology PLCJR. Sports TraderLas Vegas, NV12/16/2024$44,990
International Gaming Technology Inc.JR. Sports TraderLas Vegas, NV12/16/2024$44,990
MeredithProgrammatic TraderNew York, NY12/15/2024$80,000
Robert W. Baird & Co.OrporatedJunior Trader-Securitized ProductsNew York, NY12/15/2024$100,000
Deutsche BankHigh Yield Credit Trader-AssociateColumbus, NY12/15/2024$135,000
DV TradingPower TraderNew York, NY12/15/2024$120,000
Boston QuantaraAlgorithmic TraderFine, NY12/14/2024$200,000
HSBCTrader, Discretionary InvestmentsNew York, NY12/12/2024$155,700
U.S. BankFixed Income TraderMinneapolis, MN12/11/2024$79,135
Orion Advisor Solutions, Inc.Fixed Income TraderProvo, UT12/11/2024$53,824

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