Home > Salary > Algeria > Securities And Commodities Broker
A securities and commodities broker is a financial professional who facilitates the buying and selling of securities and commodities on behalf of clients. They work in brokerage firms, investment banks, or financial institutions, and act as intermediaries between buyers and sellers in the financial market. Their main responsibilities include researching and analyzing market trends, providing investment advice to clients, executing trades, managing portfolios, and ensuring compliance with regulatory requirements.
Securities and commodities brokers must possess strong analytical skills, knowledge of financial markets, and the ability to handle high-pressure situations. They need to stay updated with market news and trends, as well as understand the risk associated with different investment options. Excellent communication and interpersonal skills are crucial for building and maintaining relationships with clients.
Estimated Yearly Salary: 3,066,416 DZD
Estimated Monthly Salary: 255,535 DZD
Estimated Weekly Salary: 58,970 DZD per week
Estimated Hourly Salary: 1,474 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 246,395 DZD
Estimated Weekly Salary: 56,860 DZD per week
Estimated Hourly Salary: 1,422 DZD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 17,655 USD
Estimated Monthly Salary: 1,471 USD
Estimated Weekly Salary: 340 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 3,066,416 DZD
Estimated Monthly Salary: 255,535 DZD
Estimated Weekly Salary: 58,970 DZD per week
Estimated Hourly Salary: 1,474 DZD per hour
By working as Securities And Commodities Broker a person can save up to 911 USD per month or 10,935 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 Securities And Commodities Broker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Country manager (4,751,964 DZD per year, pre-tax.)
Peer support specialist (1,003,368 DZD per year, pre-tax.)
Breakdown mill operator (1,392,667 DZD per year, pre-tax.)
Assistant front desk manager (1,346,459 DZD per year, pre-tax.)
Vice president (vp), trust officer (3,929,656 DZD per year, pre-tax.)
Securities And Commodities Broker salary in Algeria
Average Yearly Salary of Securities And Commodities Broker in Algeria is approximately 3,066,416 DZD (17,655 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 Securities And Commodities Broker do?
A securities and commodities broker is a financial professional who facilitates the buying and selling of securities and commodities on behalf of clients. They work in brokerage firms, investment banks, or financial institutions, and act as intermediaries between buyers and sellers in the financial market. Their main responsibilities include researching and analyzing market trends, providing investment advice to clients, executing trades, managing portfolios, and ensuring compliance with regulatory requirements.
Securities and commodities brokers must possess strong analytical skills, knowledge of financial markets, and the ability to handle high-pressure situations. They need to stay updated with market news and trends, as well as understand the risk associated with different investment options. Excellent communication and interpersonal skills are crucial for building and maintaining relationships with clients.Skills: Securities broker, Commodities broker, Financial markets, Investment advice, Portfolio management, Regulatory compliance
Job industry: Finance
Job industry: Finance
How much does Securities And Commodities Broker make?
Salary details
How much does Securities And Commodities Broker make?Estimated Yearly Salary: 3,066,416 DZD
Estimated Monthly Salary: 255,535 DZD
Estimated Weekly Salary: 58,970 DZD per week
Estimated Hourly Salary: 1,474 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,956,743 DZDEstimated Monthly Salary: 246,395 DZD
Estimated Weekly Salary: 56,860 DZD per week
Estimated Hourly Salary: 1,422 DZD per hour
Last revision of data: 2024-01-05Securities And Commodities Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,655 USD
Estimated Monthly Salary: 1,471 USD
Estimated Weekly Salary: 340 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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 Securities And Commodities Broker job salary compared to average salary in Algeria.
Comparison shows that a person working as Securities And Commodities Broker in Algeria earns on average:
1.38 times the average salary (or 138% 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 Securities And Commodities Broker job salary compared to average salary in Algeria.
Comparison shows that a person working as Securities And Commodities Broker in Algeria earns on average:
1.38 times the average salary (or 138% of average salary).
Is Securities And Commodities Broker a well paid job?
Yes, our data shows that Securities And Commodities Broker 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 Securities And Commodities Broker?
High salary for Securities And Commodities Broker would be somewhere between 3,373,058 DZD and 4,446,303 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Securities And Commodities Broker 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: 3,066,416 DZD
Estimated Monthly Salary: 255,535 DZD
Estimated Weekly Salary: 58,970 DZD per week
Estimated Hourly Salary: 1,474 DZD per hour
By working as Securities And Commodities Broker a person can save up to 911 USD per month or 10,935 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 Securities And Commodities Broker
Tunisia is 15,137 USD
Morocco is 18,902 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:
Country manager (4,751,964 DZD per year, pre-tax.)
Peer support specialist (1,003,368 DZD per year, pre-tax.)
Breakdown mill operator (1,392,667 DZD per year, pre-tax.)
Assistant front desk manager (1,346,459 DZD per year, pre-tax.)
Vice president (vp), trust officer (3,929,656 DZD per year, pre-tax.)
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