Home > Salary > Iraq > Securities And Commodities Broker
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.
Estimated Yearly Salary: 11,277,513 IQD
Estimated Monthly Salary: 939,793 IQD
Estimated Weekly Salary: 216,875 IQD per week
Estimated Hourly Salary: 5,422 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 904,638 IQD
Estimated Weekly Salary: 208,763 IQD per week
Estimated Hourly Salary: 5,219 IQD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 7,569 USD
Estimated Monthly Salary: 631 USD
Estimated Weekly Salary: 146 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 11,277,513 IQD
Estimated Monthly Salary: 939,793 IQD
Estimated Weekly Salary: 216,875 IQD per week
Estimated Hourly Salary: 5,422 IQD per hour
By working as Securities And Commodities Broker a person can save up to 391 USD per month or 4,689 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 Securities And Commodities Broker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Applications programming supervisor (17,155,632 IQD per year, pre-tax.)
Information technology (it), auditor (10,200,000 IQD per year, pre-tax.)
Erp business process analyst (11,242,452 IQD per year, pre-tax.)
Kitchen helper aide (3,876,912 IQD per year, pre-tax.)
Chief operations officer (coo) (20,353,788 IQD per year, pre-tax.)
Securities And Commodities Broker salary in Iraq
Average Yearly Salary of Securities And Commodities Broker in Iraq is approximately 11,277,513 IQD (7,569 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
Job industry: Finance
How much does Securities And Commodities Broker make?
Salary details
How much does Securities And Commodities Broker make?Estimated Yearly Salary: 11,277,513 IQD
Estimated Monthly Salary: 939,793 IQD
Estimated Weekly Salary: 216,875 IQD per week
Estimated Hourly Salary: 5,422 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 10,855,650 IQDEstimated Monthly Salary: 904,638 IQD
Estimated Weekly Salary: 208,763 IQD per week
Estimated Hourly Salary: 5,219 IQD per hour
Last revision of data: 2024-01-02Securities And Commodities Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,569 USD
Estimated Monthly Salary: 631 USD
Estimated Weekly Salary: 146 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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 Securities And Commodities Broker job salary compared to average salary in Iraq.
Comparison shows that a person working as Securities And Commodities Broker in Iraq earns on average:
1.38 times the average salary (or 138% 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 Securities And Commodities Broker job salary compared to average salary in Iraq.
Comparison shows that a person working as Securities And Commodities Broker in Iraq earns on average:
1.38 times the average salary (or 138% of average salary).
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 12,405,264 IQD and 16,352,394 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Securities And Commodities Broker 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: 11,277,513 IQD
Estimated Monthly Salary: 939,793 IQD
Estimated Weekly Salary: 216,875 IQD per week
Estimated Hourly Salary: 5,422 IQD per hour
By working as Securities And Commodities Broker a person can save up to 391 USD per month or 4,689 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 Securities And Commodities Broker
Iran is 9,963 USD
Jordan is 12,038 USD
Kuwait is 16,960 USD
Saudi Arabia is 34,761 USD
Syria is 4,631 USD
Turkey is 13,343 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:
Applications programming supervisor (17,155,632 IQD per year, pre-tax.)
Information technology (it), auditor (10,200,000 IQD per year, pre-tax.)
Erp business process analyst (11,242,452 IQD per year, pre-tax.)
Kitchen helper aide (3,876,912 IQD per year, pre-tax.)
Chief operations officer (coo) (20,353,788 IQD per year, pre-tax.)
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