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The differences between senior energy traders and commodity traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior energy trader has an average salary of $114,420, which is higher than the $93,220 average annual salary of a commodity trader.
The top three skills for a senior energy trader include risk management, portfolio management and derivative. The most important skills for a commodity trader are commodities, commodity trading, and logistics.
| Senior Energy Trader | Commodity Trader | |
| Yearly salary | $114,420 | $93,220 |
| Hourly rate | $55.01 | $44.82 |
| Growth rate | 10% | 10% |
| Number of jobs | 19,680 | 10,906 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 77% |
| Average age | 43 | 43 |
| Years of experience | - | - |
A senior energy trader's main goal is to build financial models so that their company can buy and sell energy shares. They must be extremely experienced in the trading of shares in the NYSE and/or NASDAQ securities. They establish their company in the market and square off deals to ensure profit.
They deal with equities, stocks, and mutual funds.
Commodity traders can be businesses or individuals that mainly focus on investing in oils, gold, or agricultural products. They keep up with the news on commodities to ensure that they know the different forces that determine their prices and use their technical analysis skills to decide to enter or exit trading decisions based on the current trend. These traders often use a futures contract to buy or sell commodities from any category at a predetermined price and time in the future.
Senior energy traders and commodity traders have different pay scales, as shown below.
| Senior Energy Trader | Commodity Trader | |
| Average salary | $114,420 | $93,220 |
| Salary range | Between $68,000 And $191,000 | Between $55,000 And $156,000 |
| Highest paying City | White Plains, NY | Stamford, CT |
| Highest paying state | New York | New Hampshire |
| Best paying company | Citi | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a senior energy trader and a commodity trader in terms of educational background:
| Senior Energy Trader | Commodity Trader | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 77% |
| Most common major | Finance | Finance |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior energy traders' and commodity traders' demographics:
| Senior Energy Trader | Commodity Trader | |
| Average age | 43 | 43 |
| Gender ratio | Male, 87.2% Female, 12.8% | Male, 87.3% Female, 12.7% |
| Race ratio | Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.4% 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 Percentage | 6% | 6% |