- Salary of a Futures Broker | Work - !
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The ability to predict the market makes all the difference in the futures trading industry. As of , ,, securities sales agents were employed in the United States. Approximately 40 percent of these agents work as commodities and securities brokers. The Bureau of Labor Statistics estimates that the workforce will have increased by 15 percent by the year Employment opportunities in other sectors are expected to increase by just 13 percent over the same time period.
The BLS also found that job opportunities in the securities market are more numerous during stock market booms while employment levels fall during down markets. Simply put, people have less money to spend during recessions -- which means reduced stock market activity.
Where Futures Traders Earn The Most
Investment firms tend to hire college graduates for futures trading jobs and some firms even require applicants to have completed post graduate degrees. You have to pass a series of federal licensing examinations before you can trade commodities or securities. Additionally, the Chartered Financial Analyst institute offers a certification program for brokers that many firms encourage employees to attend. Due to the relatively high levels of compensation, competition for jobs is intense. The next highest concentration of these jobs can be found in Chicago where 16,, are employed as brokers, agents or futures traders.
Bureau of Labor Statistics.
In , , people were employed in the U. Our system will detect the change, and the updated salary data will be reflected on our site within 24 hours. Use Facebook or Google to sign in or register with SimplyHired.
Futures Trader Salary - Zippia
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Average Futures Trader Salary
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Remote Trader. Associate, Options Trader, Equity Derivatives. Scotiabank - New York, NY. Proprietary Trader - Futures and Options.