Home > Salary > Iraq > Junior Trader Commodities
A junior trader in commodities is responsible for assisting senior traders in executing trades and managing risk within the commodities market. They analyze market trends, monitor prices, and gather information to make informed trading decisions. Junior traders also maintain relationships with clients and brokers, ensuring smooth execution of trades and timely settlement.
They work closely with research analysts to understand market dynamics and develop trading strategies. Junior traders must possess strong analytical skills, attention to detail, and the ability to work under pressure in a fast-paced environment. They should also have a good understanding of financial markets, commodities, and trading platforms.
Estimated Yearly Salary: 13,126,848 IQD
Estimated Monthly Salary: 1,093,904 IQD
Estimated Weekly Salary: 252,439 IQD per week
Estimated Hourly Salary: 6,311 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,058,025 IQD
Estimated Weekly Salary: 244,160 IQD per week
Estimated Hourly Salary: 6,104 IQD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 8,881 USD
Estimated Monthly Salary: 740 USD
Estimated Weekly Salary: 171 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: 13,126,848 IQD
Estimated Monthly Salary: 1,093,904 IQD
Estimated Weekly Salary: 252,439 IQD per week
Estimated Hourly Salary: 6,311 IQD per hour
By working as Junior Trader Commodities a person can save up to 500 USD per month or 6,001 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 Junior Trader Commodities
Last revision of data: 2025-01-04
Data as of 2025
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Junior Trader Commodities salary in Iraq
Average Yearly Salary of Junior Trader Commodities in Iraq is approximately 13,126,848 IQD (8,881 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 Junior Trader Commodities do?
A junior trader in commodities is responsible for assisting senior traders in executing trades and managing risk within the commodities market. They analyze market trends, monitor prices, and gather information to make informed trading decisions. Junior traders also maintain relationships with clients and brokers, ensuring smooth execution of trades and timely settlement.
They work closely with research analysts to understand market dynamics and develop trading strategies. Junior traders must possess strong analytical skills, attention to detail, and the ability to work under pressure in a fast-paced environment. They should also have a good understanding of financial markets, commodities, and trading platforms.
Skills: Junior Trader, Commodities, Trading, Risk Management, Market Analysis, Financial Markets
Job industry: Commodities trading
Job industry: Commodities trading
How much does Junior Trader Commodities make?
Salary details
How much does Junior Trader Commodities make?Estimated Yearly Salary: 13,126,848 IQD
Estimated Monthly Salary: 1,093,904 IQD
Estimated Weekly Salary: 252,439 IQD per week
Estimated Hourly Salary: 6,311 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 12,696,294 IQDEstimated Monthly Salary: 1,058,025 IQD
Estimated Weekly Salary: 244,160 IQD per week
Estimated Hourly Salary: 6,104 IQD per hour
Last revision of data: 2024-01-06Junior Trader Commodities estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,881 USD
Estimated Monthly Salary: 740 USD
Estimated Weekly Salary: 171 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
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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 Junior Trader Commodities job salary compared to average salary in Iraq.
Comparison shows that a person working as Junior Trader Commodities in Iraq earns on average:
1.61 times the average salary (or 161% 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 Junior Trader Commodities job salary compared to average salary in Iraq.
Comparison shows that a person working as Junior Trader Commodities in Iraq earns on average:
1.61 times the average salary (or 161% of average salary).
Is Junior Trader Commodities a well paid job?
Yes, our data shows that Junior Trader Commodities 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 Junior Trader Commodities?
High salary for Junior Trader Commodities would be somewhere between 14,439,533 IQD and 19,033,930 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Junior Trader Commodities 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: 13,126,848 IQD
Estimated Monthly Salary: 1,093,904 IQD
Estimated Weekly Salary: 252,439 IQD per week
Estimated Hourly Salary: 6,311 IQD per hour
By working as Junior Trader Commodities a person can save up to 500 USD per month or 6,001 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 Junior Trader Commodities
Iran is 11,632 USD
Jordan is 14,089 USD
Kuwait is 19,841 USD
Saudi Arabia is 40,801 USD
Syria is 5,430 USD
Turkey is 15,598 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:
International trade compliance manager (15,313,506 IQD per year, pre-tax.)
Safety manager (10,363,200 IQD per year, pre-tax.)
Senior embedded software engineer (20,257,458 IQD per year, pre-tax.)
Certified veterinary technician (cvt) (4,470,309 IQD per year, pre-tax.)
Retail sales manager (4,181,902 IQD per year, pre-tax.)
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