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Proprietary trader salary
Average proprietary trader salary
$100,019
Average Proprietary Trader Salary
The average salary for a proprietary trader in the United States is around $100,019 annually. This figure reflects the earnings of traders who use their own capital to trade financial instruments, often working for investment firms or hedge funds. Salaries can vary significantly based on location, experience, and specific financial products traded.
How Much Does a Proprietary Trader Make?
Proprietary traders typically earn between $60,000 and $150,000 depending on their experience and the firm's success. Entry-level positions might start lower, while seasoned traders with proven track records can command much higher salaries. Additionally, performance bonuses can substantially enhance overall compensation.
Where Can a Proprietary Trader Earn More?
Geographically, proprietary traders in financial hubs such as New York City and San Francisco tend to earn more than those in other regions. Understanding the demand for traders in different locations can offer insights for job seekers looking to maximize their potential earnings.
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Where can a Proprietary Trader earn more?
Average proprietary trader salary by state
The average proprietary trader salary in New York, New Hampshire, and Rhode Island are the highest in the U.S. The lowest average proprietary trader salary states are North Dakota, Nebraska, and Wisconsin.
- State view
- County view
Highest paying states for proprietary traders
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $126,249 | $60.70 |
| 2 | Rhode Island | $124,464 | $59.84 |
| 3 | Nevada | $120,778 | $58.07 |
| 4 | Connecticut | $117,544 | $56.51 |
| 5 | New Hampshire | $124,554 | $59.88 |
| 6 | Texas | $97,901 | $47.07 |
| 7 | District of Columbia | $114,403 | $55.00 |
| 8 | Michigan | $100,980 | $48.55 |
| 9 | Ohio | $96,931 | $46.60 |
| 10 | Delaware | $118,538 | $56.99 |
| 11 | New Mexico | $102,501 | $49.28 |
| 12 | West Virginia | $97,030 | $46.65 |
| 13 | Oklahoma | $95,055 | $45.70 |
| 14 | Louisiana | $96,511 | $46.40 |
| 15 | Massachusetts | $93,375 | $44.89 |
| 16 | Georgia | $93,386 | $44.90 |
| 17 | Utah | $90,677 | $43.59 |
| 18 | Vermont | $91,234 | $43.86 |
| 19 | Illinois | $88,784 | $42.68 |
| 20 | Missouri | $90,798 | $43.65 |
| 21 | Maine | $91,360 | $43.92 |
| 22 | Kentucky | $87,669 | $42.15 |
| 23 | South Carolina | $87,584 | $42.11 |
| 24 | Wyoming | $89,590 | $43.07 |
| 25 | Montana | $90,525 | $43.52 |
| 26 | New Jersey | $92,926 | $44.68 |
| 27 | California | $88,962 | $42.77 |
| 28 | Pennsylvania | $85,098 | $40.91 |
| 29 | Hawaii | $98,937 | $47.57 |
| 30 | Iowa | $81,218 | $39.05 |
| 31 | Maryland | $89,804 | $43.17 |
| 32 | Minnesota | $88,501 | $42.55 |
| 33 | Arkansas | $84,329 | $40.54 |
| 34 | North Carolina | $83,028 | $39.92 |
| 35 | Oregon | $84,899 | $40.82 |
| 36 | South Dakota | $82,930 | $39.87 |
| 37 | Alaska | $86,770 | $41.72 |
| 38 | Florida | $80,859 | $38.87 |
| 39 | Tennessee | $77,088 | $37.06 |
| 40 | Nebraska | $74,164 | $35.66 |
| 41 | Idaho | $77,861 | $37.43 |
| 42 | Mississippi | $81,392 | $39.13 |
| 43 | Arizona | $82,132 | $39.49 |
| 44 | Virginia | $80,844 | $38.87 |
| 45 | Kansas | $79,786 | $38.36 |
| 46 | Washington | $80,945 | $38.92 |
| 47 | Indiana | $69,268 | $33.30 |
| 48 | Wisconsin | $71,141 | $34.20 |
| 49 | North Dakota | $76,629 | $36.84 |
| 50 | Colorado | $69,504 | $33.42 |
| 51 | Alabama | $65,604 | $31.54 |
Highest paying cities for proprietary traders
The highest-paying cities for proprietary traders are New York, NY, North Las Vegas, NV, and Henderson, NV.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $127,888 | $61.48 |
| 2 | North Las Vegas, NV | $120,962 | $58.15 |
| 3 | Henderson, NV | $120,536 | $57.95 |
| 4 | Houston, TX | $98,264 | $47.24 |
| 5 | Chicago, IL | $89,535 | $43.05 |
| 6 | Scottsdale, AZ | $82,389 | $39.61 |
| 7 | Juno Beach, FL | $81,646 | $39.25 |
Proprietary trader salary details
A proprietary trader's salary ranges from $60,000 a year at the 10th percentile to $165,000 at the 90th percentile.
What is a proprietary trader's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $165,000 | $13,750 | $79 |
| 75th Percentile | $130,000 | $10,833 | $63 |
| Average | $100,019 | $8,335 | $48 |
| 25th Percentile | $76,000 | $6,333 | $37 |
| 10th Percentile | $60,000 | $5,000 | $29 |
Highest paying proprietary trader jobs
The highest paying types of proprietary traders are hedge fund trader, energy derivatives trader, and day trader.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Hedge Fund Trader | $117,549 | $9,796 | $56.51 | 12,689 |
| Foreign Exchange Trader | $115,133 | $9,594 | $55.35 | 17,829 |
| Trader | $90,179 | $7,515 | $43.36 | 17,351 |
| Options Trader | $110,139 | $9,178 | $52.95 | 1,433 |
| Forex Trader | $115,092 | $9,591 | $55.33 | 17,582 |
| Equity Trader | $101,759 | $8,480 | $48.92 | 17,507 |
Top companies hiring proprietary traders now:
Which companies pay proprietary traders the most?
Proprietary trader salaries at D. E. Shaw group and NextEra Energy are the highest-paying according to our most recent salary estimates. In addition, the average proprietary trader salary at companies like SG Americas Securities Holdings, LLC and T3 Trading Group are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | D. E. Shaw group | $132,660 | $63.78 |
| 2 | Florida Power and Light | $114,972 | $55.27 |
| 3 | SG Americas Securities Holdings, LLC | $107,367 | $51.62 |
| 4 | T3 Trading Group | $106,237 | $51.08 |
| 5 | Black Diamond | $67,920 | $32.65 |
Wage gap by gender, race and education
Proprietary trader salary trends
The average proprietary trader salary has fallen by $-11,257 over the last ten years. In 2014, the average proprietary trader earned $111,276 annually, but today, they earn $100,019 a year. That works out to a -4% change in pay for proprietary traders over the last decade.
Compare proprietary trader salaries for cities or states with the national average over time.
Average proprietary trader salary over time
Compare proprietary trader salaries for individual cities or states with the national average.
Proprietary trader salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $100,000 | $48.09 | +3.9% |
| 2024 | $96,200 | $46.23 | -3.0% |
| 2023 | $99,000 | $47.60 | +0.5% |
| 2022 | $98,500 | $47.35 | -5.5% |
| 2021 | $104,000 | $49.97 | -6.3% |
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