Home > Salary > Algeria > Junior Trader Commodities
A junior trader in commodities is responsible for assisting senior traders in executing trades and managing risk within the commodities market. They analyze market trends, monitor prices, and gather information to make informed trading decisions. Junior traders also maintain relationships with clients and brokers, ensuring smooth execution of trades and timely settlement.
They work closely with research analysts to understand market dynamics and develop trading strategies. Junior traders must possess strong analytical skills, attention to detail, and the ability to work under pressure in a fast-paced environment. They should also have a good understanding of financial markets, commodities, and trading platforms.
Estimated Yearly Salary: 3,567,087 DZD
Estimated Monthly Salary: 297,257 DZD
Estimated Weekly Salary: 68,598 DZD per week
Estimated Hourly Salary: 1,715 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 288,204 DZD
Estimated Weekly Salary: 66,509 DZD per week
Estimated Hourly Salary: 1,663 DZD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 20,625 USD
Estimated Monthly Salary: 1,719 USD
Estimated Weekly Salary: 397 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,567,087 DZD
Estimated Monthly Salary: 297,257 DZD
Estimated Weekly Salary: 68,598 DZD per week
Estimated Hourly Salary: 1,715 DZD per hour
By working as Junior Trader Commodities a person can save up to 1,159 USD per month or 13,905 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Estimated Yearly Salary for Junior Trader Commodities
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Junior Trader Commodities salary in Algeria
Average Yearly Salary of Junior Trader Commodities in Algeria is approximately 3,567,087 DZD (20,625 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Junior Trader Commodities do?
A junior trader in commodities is responsible for assisting senior traders in executing trades and managing risk within the commodities market. They analyze market trends, monitor prices, and gather information to make informed trading decisions. Junior traders also maintain relationships with clients and brokers, ensuring smooth execution of trades and timely settlement.
They work closely with research analysts to understand market dynamics and develop trading strategies. Junior traders must possess strong analytical skills, attention to detail, and the ability to work under pressure in a fast-paced environment. They should also have a good understanding of financial markets, commodities, and trading platforms.
Skills: Junior Trader, Commodities, Trading, Risk Management, Market Analysis, Financial Markets
Job industry: Commodities trading
Job industry: Commodities trading
How much does Junior Trader Commodities make?
Salary details
How much does Junior Trader Commodities make?Estimated Yearly Salary: 3,567,087 DZD
Estimated Monthly Salary: 297,257 DZD
Estimated Weekly Salary: 68,598 DZD per week
Estimated Hourly Salary: 1,715 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,458,443 DZDEstimated Monthly Salary: 288,204 DZD
Estimated Weekly Salary: 66,509 DZD per week
Estimated Hourly Salary: 1,663 DZD per hour
Last revision of data: 2024-01-03Junior Trader Commodities estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 20,625 USD
Estimated Monthly Salary: 1,719 USD
Estimated Weekly Salary: 397 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Algeria, located in North Africa, is the largest country on the continent and the 10th largest in the world. It covers an area of approximately 2.38 million square kilometers. The population of Algeria is estimated to be around 44 million people. The country is known for its diverse landscapes, including the Sahara Desert, the Atlas Mountains, and the Mediterranean coastline.
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Junior Trader Commodities job salary compared to average salary in Algeria.
Comparison shows that a person working as Junior Trader Commodities in Algeria earns on average:
1.6 times the average salary (or 160% of average salary).
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Junior Trader Commodities job salary compared to average salary in Algeria.
Comparison shows that a person working as Junior Trader Commodities in Algeria earns on average:
1.6 times the average salary (or 160% of average salary).
Is Junior Trader Commodities a well paid job?
Yes, our data shows that Junior Trader Commodities is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Junior Trader Commodities?
High salary for Junior Trader Commodities would be somewhere between 3,923,796 DZD and 5,172,276 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Junior Trader Commodities in Algeria?
Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 3,567,087 DZD
Estimated Monthly Salary: 297,257 DZD
Estimated Weekly Salary: 68,598 DZD per week
Estimated Hourly Salary: 1,715 DZD per hour
By working as Junior Trader Commodities a person can save up to 1,159 USD per month or 13,905 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Junior Trader Commodities
Tunisia is 17,750 USD
Morocco is 22,115 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Algeria
(25,311,833 DZD per year, pre-tax.)
2. Cardiologist
(21,013,816 DZD per year, pre-tax.)
(20,364,684 DZD per year, pre-tax.)
4. Neurosurgeon
(19,663,767 DZD per year, pre-tax.)
(19,645,969 DZD per year, pre-tax.)
6. Oncologist
(19,276,089 DZD per year, pre-tax.)
7. Urologist
(19,266,856 DZD per year, pre-tax.)
(19,264,961 DZD per year, pre-tax.)
(19,152,386 DZD per year, pre-tax.)
(19,151,120 DZD per year, pre-tax.)
Data as of 2025Random salary:
Executive vice president general counsel (10,795,644 DZD per year, pre-tax.)
Attorney lawyer (law firm) (4,820,029 DZD per year, pre-tax.)
Director financial analysis (4,406,950 DZD per year, pre-tax.)
Gis data analyst (2,738,985 DZD per year, pre-tax.)
Restaurant hosthostess (986,105 DZD per year, pre-tax.)
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