Broker Futures Options salary in Iceland

Average Yearly Salary of Broker Futures Options in Iceland is approximately 15,102,270 ISK (105,359 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 Broker Futures Options do?

A broker specializing in futures options is a financial professional who facilitates trading activities in the futures market. They act as intermediaries between buyers and sellers, executing trades on behalf of their clients. Their main responsibilities include providing market analysis, advising clients on investment strategies, and executing trades based on their clients' instructions. They also help clients manage risk by offering hedging strategies and ensuring compliance with regulatory requirements. This occupation requires strong analytical skills, as brokers need to analyze market trends and make informed decisions. They should have extensive knowledge of the futures market and be up-to-date with current events that can impact market conditions. Excellent communication and interpersonal skills are essential to effectively communicate with clients and understand their investment goals. Brokers must also possess strong negotiation skills to secure favorable terms for their clients. Overall, being a broker in futures options requires a combination of financial expertise, market knowledge, and interpersonal skills.

Skills: broker, futures, options, trading, financial markets, risk management
Job industry: Finance

How much does Broker Futures Options make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Broker Futures Options a well paid job?

Yes, our data shows that Broker Futures Options 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 Broker Futures Options?

High salary for Broker Futures Options would be somewhere between 16,612,497 ISK and 21,898,292 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Broker Futures Options in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 15,102,270 ISK
Estimated Monthly Salary: 1,258,523 ISK
Estimated Weekly Salary: 290,428 ISK per week
Estimated Hourly Salary: 7,261 ISK per hour
By working as Broker Futures Options a person can save up to 6,051 USD per month or 72,613 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Broker Futures Options

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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