Securities And Commodities Broker salary in Iceland

Average Yearly Salary of Securities And Commodities Broker in Iceland is approximately 12,332,659 ISK (86,242 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

How much does Securities And Commodities Broker make?

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


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Salary comparison to National average

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 13,565,925 ISK and 17,882,356 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Securities And Commodities Broker 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: 12,332,659 ISK
Estimated Monthly Salary: 1,027,722 ISK
Estimated Weekly Salary: 237,167 ISK per week
Estimated Hourly Salary: 5,929 ISK per hour
By working as Securities And Commodities Broker a person can save up to 4,458 USD per month or 53,496 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 Securities And Commodities Broker

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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