Futures Trader Salary (January 2024)

Updated September 14, 2023

Average futures trader salary

$109,622

To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More

$52.70 hourly rate

Entry-level futures trader salary

$64,000 yearly salary

$64,00010%

$109,622Median

$186,00090%

How much does a futures trader make?

The average futures trader salary in the United States is $109,622. Futures trader salaries typically range between $64,000 and $186,000 yearly. The average hourly rate for futures traders is $52.7 per hour.

Futures trader salary is impacted by location, education, and experience. Futures traders earn the highest average salary in New York, New Hampshire, Rhode Island, Connecticut, and Nevada.

Futures trader salary summary.

The average salary for a futures trader is $109,622 in the US.
The average futures trader salary ranges between $64,000 and $186,000 in the US.
Futures traders' hourly rates in the US typically range between $30 and $89 an hour.
Futures traders earn the highest salaries in New York ($136,983), New Hampshire ($131,176), and Rhode Island ($131,141).
Futures trader salaries at The Citadel are the highest of any company.
Futures traders in the finance industry are the highest-paid in the US.

On This Page

Futures trader salary by:

Average futures trader salary by state

The average futures trader salary in New York, New Hampshire, and Rhode Island are the highest in the U.S. The lowest average futures trader salary states are North Dakota, Idaho, and Nebraska.

State View
County View

Average Salary:

Highest paying states for futures traders

Rank	State	Avg. Salary	Hourly Rate	Job Count
1	New York	$136,983	$65.86	58
2	Rhode Island	$131,141	$63.05	2
3	Connecticut	$129,955	$62.48	9
4	Nevada	$127,324	$61.21	5
5	New Hampshire	$131,176	$63.07
6	Ohio	$107,685	$51.77	10
7	Texas	$107,983	$51.91	21
8	District of Columbia	$124,324	$59.77	2
9	Delaware	$126,948	$61.03
10	Michigan	$111,058	$53.39	6
11	Tennessee	$100,218	$48.18	7
12	West Virginia	$107,958	$51.90
13	Georgia	$101,172	$48.64	12
14	New Mexico	$110,797	$53.27
15	New Jersey	$117,122	$56.31	3
16	Louisiana	$105,788	$50.86	2
17	Oklahoma	$104,210	$50.10	2
18	Utah	$96,692	$46.49	4
19	Missouri	$98,556	$47.38	5
20	Massachusetts	$98,168	$47.20	12
21	Illinois	$95,931	$46.12	46
22	Vermont	$96,928	$46.60	1
23	Kentucky	$96,628	$46.46	2
24	South Carolina	$95,442	$45.89	4
25	Minnesota	$98,929	$47.56	3
26	Maine	$97,337	$46.80
27	Pennsylvania	$91,938	$44.20	12
28	Iowa	$88,859	$42.72	6
29	Colorado	$94,279	$45.33	6
30	Wyoming	$94,247	$45.31
31	Montana	$95,631	$45.98
32	Arkansas	$92,119	$44.29
33	North Carolina	$91,875	$44.17	6
34	Florida	$89,167	$42.87	19
35	California	$89,442	$43.00	41
36	South Dakota	$89,440	$43.00
37	Oregon	$89,247	$42.91	3
38	Virginia	$89,832	$43.19	8
39	Hawaii	$95,593	$45.96
40	Nebraska	$80,144	$38.53	6
41	Arizona	$88,395	$42.50	3
42	Idaho	$82,580	$39.70	2
43	Mississippi	$88,974	$42.78
44	Maryland	$89,988	$43.26	5
45	Kansas	$86,376	$41.53	1
46	Indiana	$77,094	$37.06	8
47	Alaska	$87,859	$42.24
48	Wisconsin	$79,439	$38.19	5
49	North Dakota	$83,804	$40.29
50	Washington	$85,262	$40.99	3
51	Alabama	$71,325	$34.29	2

Recent job searches

Top futures trader jobs near you

Highest paying cities for futures traders

The highest-paying cities for futures traders are New York, NY, Jersey City, NJ, and Cleveland, OH.

Rank	City	Avg. Salary	Hourly Rate	Job Count
1	New York, NY	$140,377	$67.49	1
2	Jersey City, NJ	$118,268	$56.86
3	Cleveland, OH	$114,090	$54.85
4	Watertown Town, MA	$98,242	$47.23
5	Norwood, MA	$98,228	$47.23
6	Chicago, IL	$96,963	$46.62	1
7	Denver, CO	$93,797	$45.09
8	Pasadena, CA	$88,425	$42.51
9	Omaha, NE	$80,220	$38.57
10	Huntsville, AL	$69,049	$33.20

Futures Trader salary details

A futures trader's salary ranges from $64,000 a year at the 10th percentile to $186,000 at the 90th percentile.

Futures Trader Salary (January 2024) - Zippia (2)

What is a futures trader's salary?

Percentile	Annual Salary	Monthly Salary	Hourly Rate
90th Percentile	$186,000	$15,500	$89
75th Percentile	$145,000	$12,083	$70
Average	$109,622	$9,135	$53
25th Percentile	$82,000	$6,833	$39
10th Percentile	$64,000	$5,333	$31

Highest paying futures trader jobs

The highest paying types of futures traders are hedge fund trader, energy derivatives trader, and day trader.

Job Title	Annual Salary	Monthly Salary	Hourly Rate	Job Openings
Commodity Trader	$93,220	$7,768	$44.82	10,906
Foreign Exchange Trader	$115,133	$9,594	$55.35	17,829
Hedge Fund Trader	$117,549	$9,796	$56.51	12,689
Trader	$90,179	$7,515	$43.36	17,351
Options Trader	$110,139	$9,178	$52.95	1,433
Equity Trader	$101,759	$8,480	$48.92	17,507

Top companies hiring futures traders now:

Which companies pay futures traders the most?

Futures trader salaries at The Citadel and Citi are the highest-paying according to our most recent salary estimates. In addition, the average futures trader salary at companies like Federal Reserve and Federal Reserve Bank are highly competitive.

Rank	Company	Average Salary	Hourly Rate
1	The Citadel	$166,386	$79.99
2	Citi	$141,984	$68.26
3	Federal Reserve	$135,419	$65.11
4	Federal Reserve Bank	$134,172	$64.51
5	First Quadrant	$117,110	$56.30
6	Ronin	$115,879	$55.71
7	Tradelink LLC	$114,200	$54.90
8	GAN Integrity	$111,749	$53.73
9	Americorps	$108,240	$52.04
10	COLLEGE OF SOUTHERN MARYLAND	$72,913	$35.05

Futures Trader salary trends

The average futures trader salary has fallen by $-12,338 over the last ten years. In 2014, the average futures trader earned $121,960 annually, but today, they earn $109,622 a year. That works out to a -4% change in pay for futures traders over the last decade.

Compare futures trader salaries for cities or states with the national average over time.

Average futures trader salary over time

Compare futures trader salaries for individual cities or states with the national average.

Futures Trader salary by year

Year	Avg. Salary	Hourly Rate	% Change
2023	$110,000	$52.70	+3.9%
2022	$105,000	$50.67	-3.0%
2021	$109,000	$52.17	+0.5%
2020	$108,000	$51.90	-5.5%
2019	$114,000	$54.77	-6.3%

Recently added futures trader salaries

Company	Job	Location	Date Added	Salary
Stew Leonard's	Danbury Future Opportunities	Danbury, CT	04/04/2023	$31,305
Stew Leonard's	Danbury Future Opportunities	Danbury, CT	03/14/2023	$31,305
Stew Leonard's	Danbury Future Opportunities	Danbury, CT	01/30/2023	$31,305
Stew Leonard's	Danbury Future Opportunities	Danbury, CT	01/01/2023	$31,305

Futures Trader salary FAQs

What state pays Futures Traders the most?

New York pays Futures Traders the most in the United States, with an average salary of $136,983 per year, or $65.86 per hour.

How do I know if I'm being paid fairly as a Futures Trader?

You know if you are being paid fairly as a Futures Trader if your pay is close to the average pay for the state you live in. For example, if you live in New Hampshire you should be paid close to $131,176 per year.

Have more questions?

See all answers to common sales questions.

Search for futures trader jobs

Futures Trader Related Salaries

Futures Trader Related Careers

Futures Trader Related Jobs

What Similar Roles Do