Brokerfloor Representative salary in Iceland

Average Yearly Salary of Brokerfloor Representative in Iceland is approximately 9,647,959 ISK (67,730 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 Brokerfloor Representative do?

A broker floor representative is an individual who works on the trading floor of a financial institution, such as a stock exchange or brokerage firm. Their primary role is to facilitate the buying and selling of securities on behalf of clients. They act as intermediaries between buyers and sellers, executing trades and ensuring that transactions are completed accurately and efficiently. Broker floor representatives must have a deep understanding of financial markets, trading strategies, and various investment products. They need to stay updated with market trends and economic news to provide clients with relevant information and advice. Strong communication skills are crucial in this role, as broker floor representatives interact with clients, colleagues, and other market participants. They must be able to handle high-pressure situations and make quick decisions.

Skills: Broker floor representative, Trading floor, Financial markets, Investment products, Communication skills, Market trends.
Job industry: Finance

How much does Brokerfloor Representative make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Brokerfloor Representative a well paid job?

Yes, our data show that Brokerfloor Representative is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Brokerfloor Representative?

High salary for Brokerfloor Representative would be somewhere between 10,612,755 ISK and 13,989,541 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Brokerfloor Representative 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: 9,647,959 ISK
Estimated Monthly Salary: 803,997 ISK
Estimated Weekly Salary: 185,538 ISK per week
Estimated Hourly Salary: 4,638 ISK per hour
By working as Brokerfloor Representative a person can save up to 2,915 USD per month or 34,984 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 Brokerfloor Representative

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.

Top 10 highest salaries in Iceland

Data as of 2025

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