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Commodity broker salary
Average commodity broker salary
$63,317
Average Commodity Broker Salary
As of October 2025, the average salary for a Commodity Broker is $63,317 annually, or about $30 per hour. This compensation reflects the essential role brokers play in managing trades and advising clients in commodities markets. Salaries can vary significantly based on geographic location, with brokers in states like New York and California often earning more due to higher demand and cost of living.
Factors Influencing Salary
Several factors influence a commodity broker's salary:
- Experience: Entry-level positions typically start lower, while seasoned brokers can command higher salaries.
- Location: Urban areas or states with a high concentration of financial markets tend to offer better pay.
- Industry: Brokers working with certain commodities or in specialized sectors may see increased compensation.
Understanding these dynamics can help brokers negotiate salaries and explore opportunities that align with their career goals. For those considering a career in this field, knowing potential earnings and the factors that influence them is crucial for informed decision-making.
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Where can a Commodity Broker earn more?
Commodity broker salary estimates from across the web
Average commodity broker salary by state
The highest-paying states for commodity brokers are New York, Delaware, and Rhode Island. The lowest average commodity broker salary states are California, Oregon, and Colorado.
- State view
- County view
Highest paying states for commodity brokers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $101,851 | $48.97 |
| 2 | Rhode Island | $83,318 | $40.06 |
| 3 | Nevada | $73,947 | $35.55 |
| 4 | Tennessee | $72,055 | $34.64 |
| 5 | Ohio | $72,941 | $35.07 |
| 6 | Georgia | $73,055 | $35.12 |
| 7 | Delaware | $86,421 | $41.55 |
| 8 | Missouri | $70,352 | $33.82 |
| 9 | New Hampshire | $77,774 | $37.39 |
| 10 | New Jersey | $76,993 | $37.02 |
| 11 | Connecticut | $77,317 | $37.17 |
| 12 | Texas | $67,977 | $32.68 |
| 13 | Oklahoma | $70,522 | $33.90 |
| 14 | District of Columbia | $85,378 | $41.05 |
| 15 | West Virginia | $74,893 | $36.01 |
| 16 | Michigan | $72,065 | $34.65 |
| 17 | Louisiana | $67,949 | $32.67 |
| 18 | Kentucky | $68,030 | $32.71 |
| 19 | New Mexico | $69,882 | $33.60 |
| 20 | Illinois | $65,383 | $31.43 |
| 21 | North Carolina | $66,707 | $32.07 |
| 22 | South Carolina | $69,282 | $33.31 |
| 23 | Pennsylvania | $60,940 | $29.30 |
| 24 | Arkansas | $64,414 | $30.97 |
| 25 | Kansas | $61,275 | $29.46 |
| 26 | Hawaii | $60,556 | $29.11 |
| 27 | Minnesota | $64,812 | $31.16 |
| 28 | Utah | $57,964 | $27.87 |
| 29 | Iowa | $62,412 | $30.01 |
| 30 | Wyoming | $63,366 | $30.46 |
| 31 | Arizona | $55,195 | $26.54 |
| 32 | South Dakota | $62,162 | $29.89 |
| 33 | Florida | $58,859 | $28.30 |
| 34 | Nebraska | $56,373 | $27.10 |
| 35 | Massachusetts | $59,682 | $28.69 |
| 36 | Montana | $60,813 | $29.24 |
| 37 | Virginia | $62,039 | $29.83 |
| 38 | Maryland | $60,573 | $29.12 |
| 39 | Mississippi | $59,298 | $28.51 |
| 40 | Alaska | $56,529 | $27.18 |
| 41 | Indiana | $52,809 | $25.39 |
| 42 | Colorado | $49,965 | $24.02 |
| 43 | Vermont | $52,285 | $25.14 |
| 44 | California | $51,647 | $24.83 |
| 45 | North Dakota | $55,347 | $26.61 |
| 46 | Alabama | $49,709 | $23.90 |
| 47 | Wisconsin | $51,848 | $24.93 |
| 48 | Maine | $51,885 | $24.94 |
| 49 | Oregon | $50,375 | $24.22 |
| 50 | Washington | $48,177 | $23.16 |
| 51 | Idaho | $48,364 | $23.25 |
Highest paying cities for commodity brokers
The highest-paying cities for commodity brokers are New York, NY, Jersey City, NJ, and Kansas City, MO.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $103,421 | $49.72 |
| 2 | Jersey City, NJ | $76,748 | $36.90 |
| 3 | Kansas City, MO | $69,515 | $33.42 |
| 4 | Houston, TX | $68,412 | $32.89 |
| 5 | Chicago, IL | $65,660 | $31.57 |
| 6 | Inver Grove Heights, MN | $64,991 | $31.25 |
| 7 | Cedar Falls, IA | $62,697 | $30.14 |
| 8 | Overland Park, KS | $61,245 | $29.44 |
| 9 | Boston, MA | $59,559 | $28.63 |
Commodity broker salary details
A commodity broker's salary ranges from $39,000 a year at the 10th percentile to $102,000 at the 90th percentile.
What is a commodity broker's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $102,000 | $8,500 | $49 |
| 75th Percentile | $81,000 | $6,750 | $39 |
| Average | $63,317 | $5,276 | $30 |
| 25th Percentile | $49,000 | $4,083 | $24 |
| 10th Percentile | $39,000 | $3,250 | $19 |
Highest paying commodity broker jobs
The highest paying types of commodity brokers are broker, hedge fund trader, and energy derivatives trader.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Foreign Exchange Trader | $115,133 | $9,594 | $55.35 | 17,829 |
| Options Trader | $110,139 | $9,178 | $52.95 | 1,433 |
| Trader | $90,179 | $7,515 | $43.36 | 17,351 |
| Forex Trader | $115,092 | $9,591 | $55.33 | 17,582 |
| Hedge Fund Trader | $117,549 | $9,796 | $56.51 | 12,689 |
| Equity Trader | $101,759 | $8,480 | $48.92 | 17,507 |
Top companies hiring commodity brokers now:
Which companies pay commodity brokers the most?
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | ICAP | $103,875 | $49.94 |
| 2 | Standard Chartered | $96,554 | $46.42 |
| 3 | CHS | $87,788 | $42.21 |
Wage gap by gender, race and education
Commodity Broker salary by industry
The average commodity broker salary varies across industries:
- The average commodity broker salary in the finance industry is $89,520, the highest of any industry.
- The average commodity broker salary in the finance industry is $83,544.
- Commodity brokers in the manufacturing industry earn an average salary of $61,415, the lowest of any industry.
Highest paying industries for commodity brokers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $89,520 | $43.04 |
| 2 | Energy | $83,544 | $40.17 |
| 3 | Professional | $82,823 | $39.82 |
| 4 | Health Care | $79,075 | $38.02 |
| 5 | Manufacturing | $61,415 | $29.53 |
High paying commodity broker jobs
Commodity broker salary trends
The average commodity broker salary has fallen by $-7,126 over the last ten years. In 2014, the average commodity broker earned $70,443 annually, but today, they earn $63,317 a year. That works out to a -4% change in pay for commodity brokers over the last decade.
Compare commodity broker salaries for cities or states with the national average over time.
Average commodity broker salary over time
Compare commodity broker salaries for individual cities or states with the national average.
Commodity broker salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $63,300 | $30.44 | +3.9% |
| 2024 | $60,900 | $29.27 | -3.0% |
| 2023 | $62,700 | $30.14 | +0.5% |
| 2022 | $62,300 | $29.98 | -5.5% |
| 2021 | $65,800 | $31.63 | -6.3% |
Recently added commodity broker salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Marex | Livestock Commodity Broker | Chicago, IL | 05/22/2025 | $45,000 |
| Marex Group, Inc. | Livestock Commodity Broker | Chicago, IL | 05/20/2025 | $45,000 |
| Mid Co | Commodity Broker-Mid-Co Commodities | Des Moines, IA | 02/19/2025 | $77,350 |
| Bestforexbonus.com | Stonex | Commodity Broker-Grains | Bowling Green, KY | 02/17/2025 | $100,000 |
| Bestforexbonus.com | Marex | Commodity Derivatives Broker (Softs and AGS) | Fine, NY | 02/17/2025 | $100,000 |
| CHS, Inc. | SR. Commodity Broker | Inver Grove Heights, MN | 02/01/2025 | $97,800 |
| Bestforexbonus | Stonex | Commodity Broker-Grains | Bowling Green, KY | 12/11/2024 | $100,000 |
| CHS, Inc. | SR. Commodity Broker | Inver Grove Heights, MN | 12/05/2024 | $97,800 |
| CHS Inc. | SR. Commodity Broker | Inver Grove Heights, MN | 10/24/2024 | $97,800 |
| Bestforexbonus | Stonex | Commodity Broker-Grains | Bowling Green, KY | 10/24/2024 | $20,000 |
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