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Commodity trader vs futures trader

The differences between commodity traders and futures traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a futures trader has an average salary of $109,622, which is higher than the $93,220 average annual salary of a commodity trader.

The top three skills for a commodity trader include commodities, commodity trading and logistics. The most important skills for a futures trader are technical analysis, futures markets, and financial markets.

Commodity trader vs futures trader overview

Commodity TraderFutures Trader
Yearly salary$93,220$109,622
Hourly rate$44.82$52.70
Growth rate10%10%
Number of jobs10,90610,795
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 81%
Average age4343
Years of experience--

Commodity trader vs futures trader salary

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

Commodity TraderFutures Trader
Average salary$93,220$109,622
Salary rangeBetween $55,000 And $156,000Between $64,000 And $186,000
Highest paying CityStamford, CTNew York, NY
Highest paying stateNew HampshireNew York
Best paying companyThe CitadelThe Citadel
Best paying industryFinanceFinance

Differences between commodity trader and futures trader education

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

Commodity TraderFutures Trader
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 81%
Most common majorFinanceFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commodity trader vs futures trader demographics

Here are the differences between commodity traders' and futures traders' demographics:

Commodity TraderFutures Trader
Average age4343
Gender ratioMale, 87.3% Female, 12.7%Male, 94.1% Female, 5.9%
Race ratioBlack 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%Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.5% Asian, 12.4% White, 66.2% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between commodity trader and futures trader duties and responsibilities

Commodity trader example responsibilities.

  • Trade, build, manage, and modele interest rate derivative positions via exchange floor
  • Manage and execute physical/financial grains book as well as base metal arbitrage portfolio.
  • Manage procurement and sales of bulk grains and agricultural commodities for redistribution into local dairy operations in Idaho.
  • Trade a variety of investment vehicles including commodity futures, FOREX and equities.
  • Develop automated and discretionary trading systems for currency, commodity futures, and equities markets.
  • Assist in audits from FINRA at corporate and branch levels.
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Futures trader example responsibilities.

  • Coordinate MBS and whole loan delivers to ensure settlements are achieve to minimize extension and pair off fees.
  • Trade a variety of investment vehicles including commodity futures, FOREX, equities, options and energies.
  • Create and report the trends of both international and domestic economy and finance status, and the trends of commodities prices.
  • Implement complex excel spreadsheets for derivative trading strategies.
  • Operate a commodities trading business as an independent business enterprise.
  • Participate in constructing equity trading strategies utilizing one or more medium-to-high frequency statistical arbitrage models
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Commodity trader vs futures trader skills

Common commodity trader skills
  • Commodities, 14%
  • Commodity Trading, 11%
  • Logistics, 11%
  • Market Trends, 9%
  • Derivative, 6%
  • Financial Markets, 5%
Common futures trader skills
  • Technical Analysis, 8%
  • Futures Markets, 7%
  • Financial Markets, 7%
  • Derivative, 6%
  • Risk Management, 6%
  • Futures Contracts, 6%