Home > Salary > Iraq > Junior Trader Derivatives
A junior trader in derivatives is responsible for executing trades in financial instruments such as options, futures, and swaps. They work closely with senior traders and analysts to analyze market trends, identify trading opportunities, and manage risk. Junior traders assist in developing trading strategies, monitoring market conditions, and executing trades according to established guidelines.
This occupation requires strong analytical skills, a solid understanding of financial markets and derivative products, and the ability to make quick decisions under pressure. Junior traders must also possess excellent communication and teamwork skills, as they often collaborate with other traders and support staff. Attention to detail, discipline, and the ability to handle large amounts of data and complex calculations are also essential.
Estimated Yearly Salary: 13,438,066 IQD
Estimated Monthly Salary: 1,119,839 IQD
Estimated Weekly Salary: 258,424 IQD per week
Estimated Hourly Salary: 6,461 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,082,354 IQD
Estimated Weekly Salary: 249,774 IQD per week
Estimated Hourly Salary: 6,244 IQD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 9,046 USD
Estimated Monthly Salary: 754 USD
Estimated Weekly Salary: 174 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: 13,438,066 IQD
Estimated Monthly Salary: 1,119,839 IQD
Estimated Weekly Salary: 258,424 IQD per week
Estimated Hourly Salary: 6,461 IQD per hour
By working as Junior Trader Derivatives a person can save up to 514 USD per month or 6,166 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 Derivatives
Last revision of data: 2025-01-04
Data as of 2025
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Junior Trader Derivatives salary in Iraq
Average Yearly Salary of Junior Trader Derivatives in Iraq is approximately 13,438,066 IQD (9,046 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 Derivatives do?
A junior trader in derivatives is responsible for executing trades in financial instruments such as options, futures, and swaps. They work closely with senior traders and analysts to analyze market trends, identify trading opportunities, and manage risk. Junior traders assist in developing trading strategies, monitoring market conditions, and executing trades according to established guidelines.
This occupation requires strong analytical skills, a solid understanding of financial markets and derivative products, and the ability to make quick decisions under pressure. Junior traders must also possess excellent communication and teamwork skills, as they often collaborate with other traders and support staff. Attention to detail, discipline, and the ability to handle large amounts of data and complex calculations are also essential.
Skills: Junior Trader, Derivatives Trading, Financial Markets, Risk Management, Trading Strategies, Analytical Skills
Job industry: Finance
Job industry: Finance
How much does Junior Trader Derivatives make?
Salary details
How much does Junior Trader Derivatives make?Estimated Yearly Salary: 13,438,066 IQD
Estimated Monthly Salary: 1,119,839 IQD
Estimated Weekly Salary: 258,424 IQD per week
Estimated Hourly Salary: 6,461 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 12,988,248 IQDEstimated Monthly Salary: 1,082,354 IQD
Estimated Weekly Salary: 249,774 IQD per week
Estimated Hourly Salary: 6,244 IQD per hour
Last revision of data: 2024-01-06Junior Trader Derivatives estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,046 USD
Estimated Monthly Salary: 754 USD
Estimated Weekly Salary: 174 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Derivatives job salary compared to average salary in Iraq.
Comparison shows that a person working as Junior Trader Derivatives in Iraq earns on average:
1.65 times the average salary (or 165% 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 Derivatives job salary compared to average salary in Iraq.
Comparison shows that a person working as Junior Trader Derivatives in Iraq earns on average:
1.65 times the average salary (or 165% of average salary).
Is Junior Trader Derivatives a well paid job?
Yes, our data shows that Junior Trader Derivatives 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 Derivatives?
High salary for Junior Trader Derivatives would be somewhere between 14,781,873 IQD and 19,485,196 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Junior Trader Derivatives 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: 13,438,066 IQD
Estimated Monthly Salary: 1,119,839 IQD
Estimated Weekly Salary: 258,424 IQD per week
Estimated Hourly Salary: 6,461 IQD per hour
By working as Junior Trader Derivatives a person can save up to 514 USD per month or 6,166 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 Derivatives
Iran is 11,977 USD
Jordan is 14,371 USD
Kuwait is 20,323 USD
Saudi Arabia is 41,671 USD
Syria is 5,530 USD
Turkey is 15,997 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:
Executive chef hotel (12,779,840 IQD per year, pre-tax.)
Java software engineer (12,403,200 IQD per year, pre-tax.)
Traffic engineer (10,363,200 IQD per year, pre-tax.)
Tennis coach (8,894,400 IQD per year, pre-tax.)
Vice president (vp), labor relations (27,009,600 IQD per year, pre-tax.)
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