Home > Salary > Iraq > Broker Futures Options
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.
Estimated Yearly Salary: 13,742,194 IQD
Estimated Monthly Salary: 1,145,183 IQD
Estimated Weekly Salary: 264,273 IQD per week
Estimated Hourly Salary: 6,607 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,106,560 IQD
Estimated Weekly Salary: 255,360 IQD per week
Estimated Hourly Salary: 6,384 IQD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 9,303 USD
Estimated Monthly Salary: 775 USD
Estimated Weekly Salary: 179 USD per week
Estimated Hourly Salary: 4 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: 13,742,194 IQD
Estimated Monthly Salary: 1,145,183 IQD
Estimated Weekly Salary: 264,273 IQD per week
Estimated Hourly Salary: 6,607 IQD per hour
By working as Broker Futures Options a person can save up to 535 USD per month or 6,423 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 Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Broker Futures Options
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Communications associate (8,528,910 IQD per year, pre-tax.)
Radiology manager (10,959,468 IQD per year, pre-tax.)
Land survey crew chief (5,263,428 IQD per year, pre-tax.)
Sports announcer (8,831,482 IQD per year, pre-tax.)
Quality control lab technician (6,009,510 IQD per year, pre-tax.)
Broker Futures Options salary in Iraq
Average Yearly Salary of Broker Futures Options in Iraq is approximately 13,742,194 IQD (9,303 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.
How much does Broker Futures Options make?
Salary details
How much does Broker Futures Options make?Estimated Yearly Salary: 13,742,194 IQD
Estimated Monthly Salary: 1,145,183 IQD
Estimated Weekly Salary: 264,273 IQD per week
Estimated Hourly Salary: 6,607 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 13,278,720 IQDEstimated Monthly Salary: 1,106,560 IQD
Estimated Weekly Salary: 255,360 IQD per week
Estimated Hourly Salary: 6,384 IQD per hour
Last revision of data: 2024-01-09Broker Futures Options estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,303 USD
Estimated Monthly Salary: 775 USD
Estimated Weekly Salary: 179 USD per week
Estimated Hourly Salary: 4 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
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Broker Futures Options job salary compared to average salary in Iraq.
Comparison shows that a person working as Broker Futures Options in Iraq earns on average:
1.68 times the average salary (or 168% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Broker Futures Options job salary compared to average salary in Iraq.
Comparison shows that a person working as Broker Futures Options in Iraq earns on average:
1.68 times the average salary (or 168% of average salary).
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 15,116,413 IQD and 19,926,181 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Broker Futures Options in Iraq?
Living in Iraq the approximate monthly expenses are: 240 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: 13,742,194 IQD
Estimated Monthly Salary: 1,145,183 IQD
Estimated Weekly Salary: 264,273 IQD per week
Estimated Hourly Salary: 6,607 IQD per hour
By working as Broker Futures Options a person can save up to 535 USD per month or 6,423 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 Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. 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
Iran is 12,175 USD
Jordan is 14,699 USD
Kuwait is 20,789 USD
Saudi Arabia is 42,604 USD
Syria is 5,662 USD
Turkey is 16,314 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Communications associate (8,528,910 IQD per year, pre-tax.)
Radiology manager (10,959,468 IQD per year, pre-tax.)
Land survey crew chief (5,263,428 IQD per year, pre-tax.)
Sports announcer (8,831,482 IQD per year, pre-tax.)
Quality control lab technician (6,009,510 IQD per year, pre-tax.)
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