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Commodity broker vs stock trader

The differences between commodity brokers and stock traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a stock trader has an average salary of $116,269, which is higher than the $63,317 average annual salary of a commodity broker.

The top three skills for a commodity broker include commodities, market analysis and risk management. The most important skills for a stock trader are financial statements, stock market, and technical analysis.

Commodity broker vs stock trader overview

Commodity BrokerStock Trader
Yearly salary$63,317$116,269
Hourly rate$30.44$55.90
Growth rate10%10%
Number of jobs1,93720,878
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 74%
Average age4343
Years of experience--

Commodity broker vs stock trader salary

Commodity brokers and stock traders have different pay scales, as shown below.

Commodity BrokerStock Trader
Average salary$63,317$116,269
Salary rangeBetween $39,000 And $102,000Between $68,000 And $198,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyICAP-
Best paying industryFinance-

Differences between commodity broker and stock trader education

There are a few differences between a commodity broker and a stock trader in terms of educational background:

Commodity BrokerStock Trader
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 74%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commodity broker vs stock trader demographics

Here are the differences between commodity brokers' and stock traders' demographics:

Commodity BrokerStock Trader
Average age4343
Gender ratioMale, 82.6% Female, 17.4%Male, 84.5% Female, 15.5%
Race ratioBlack or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.0% Asian, 9.8% White, 68.2% American Indian and Alaska Native, 0.2%Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.3% Asian, 12.2% White, 66.7% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between commodity broker and stock trader duties and responsibilities

Commodity broker example responsibilities.

  • Manage and execute physical/financial grains book as well as base metal arbitrage portfolio.
  • Trade on the NYFE, CME, and CBOT exchanges.
  • Provide research and analysis of prospective exchange trade funds for listing on the AMEX.
  • Support the firm's compliance director with records verification pertaining to audits, inquiries, and questions concerning NYSE floor operations.
  • Reorganize the UBS NYSE floor structure utilizing state-of-the-art technology and consolidating booth spaces.
  • Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
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Stock trader example responsibilities.

  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Maintain complete knowledge of investment products including stocks, options, municipal bonds, treasuries, mutual funds and annuities.
  • Develop knowledge and actively trade equities, futures, options, and currencies.
  • Synchronize logistics of multiple cash and derivative trading desks.
  • Trade stocks daily during market hours on the NYSE and NASDAQ.
  • Work from home analyzing and trading stocks on the NYSE and NASDAX markets.
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Commodity broker vs stock trader skills

Common commodity broker skills
  • Commodities, 17%
  • Market Analysis, 8%
  • Risk Management, 5%
  • Technical Analysis, 4%
  • Client Accounts, 4%
  • NFA, 4%
Common stock trader skills
  • Financial Statements, 16%
  • Stock Market, 10%
  • Technical Analysis, 10%
  • Market Trends, 9%
  • Fundamental Analysis, 9%
  • Equities, 7%