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Senior Trader Commodities salary in Morocco

Average Yearly Salary of Senior Trader Commodities in Morocco is approximately 480,511 MAD (43,681 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 Senior Trader Commodities do?

occupation personasA senior trader in commodities is responsible for buying and selling various types of commodities, such as metals, energy products, agricultural products, or financial instruments. They analyze market trends, monitor supply and demand factors, and make informed decisions to maximize profits for their organization. Senior traders often work for investment banks, commodity trading firms, or hedge funds. Their daily tasks include monitoring market prices, executing trades, managing risk exposure, building and maintaining client relationships, and staying updated with industry news and regulations. They use sophisticated trading platforms and tools to track market movements and execute trades efficiently. Strong analytical skills, knowledge of market fundamentals, and the ability to make quick decisions are crucial for success in this role.

Skills: senior trader, commodities, trading, market analysis, risk management, financial instruments
Job industry: Commodities trading


How much does Senior Trader Commodities make?

Salary details
How much does Senior Trader Commodities make?
Estimated Yearly Salary: 480,511 MAD
Estimated Monthly Salary: 40,043 MAD
Estimated Weekly Salary: 9,241 MAD per week
Estimated Hourly Salary: 231 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 465,806 MAD
Estimated Monthly Salary: 38,817 MAD
Estimated Weekly Salary: 8,958 MAD per week
Estimated Hourly Salary: 224 MAD per hour
Last revision of data: 2024-01-07



Senior Trader Commodities estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 43,681 USD
Estimated Monthly Salary: 3,640 USD
Estimated Weekly Salary: 840 USD per week
Estimated Hourly Salary: 21 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Morocco is a country located in North Africa. It has a population of approximately 36 million people and covers an area of about 446,550 square kilometers. The country is known for its diverse landscapes, including the Atlas Mountains, Sahara Desert, and coastal regions.

Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Senior Trader Commodities job salary compared to average salary in Morocco.
Comparison shows that a person working as Senior Trader Commodities in Morocco earns on average:
3.2 times the average salary (or 320% of average salary).

Is Senior Trader Commodities a well paid job?

Yes, our data show that Senior Trader Commodities is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Senior Trader Commodities?

High salary for Senior Trader Commodities would be somewhere between 528,562 MAD and 696,741 MAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Trader Commodities in Morocco?

Living in Morocco the approximate monthly expenses are: 600 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: 480,511 MAD
Estimated Monthly Salary: 40,043 MAD
Estimated Weekly Salary: 9,241 MAD per week
Estimated Hourly Salary: 231 MAD per hour
By working as Senior Trader Commodities a person can save up to 3,040 USD per month or 36,481 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 Morocco, see costs of living in Morocco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Algeria, Western Sahara, Spain.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Senior Trader Commodities

Algeria is 40,825 USDdown arrow 7%
Details on Senior Trader Commodities salary in Algeria
Spain is 92,753 USDup arrow 112%
Details on Senior Trader Commodities salary in Spain
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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 Morocco

(1,720,305 MAD per year, pre-tax.)
(1,434,963 MAD per year, pre-tax.)
(1,385,679 MAD per year, pre-tax.)
(1,340,476 MAD per year, pre-tax.)
(1,339,746 MAD per year, pre-tax.)
(1,312,948 MAD per year, pre-tax.)
(1,311,162 MAD per year, pre-tax.)
(1,309,794 MAD per year, pre-tax.)
(1,309,746 MAD per year, pre-tax.)
(1,308,087 MAD per year, pre-tax.)

Data as of 2025

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This website presents salary estimates for informational purposes exclusively. While we collect data from various sources, we do not guarantee full reliability. Users are encouraged to consult external platforms before making any career moves. Salaries fluctuate due to various elements, such as experience, industry trends, and negotiation tactics. We cannot provide warranty regarding the validity of the displayed salary data. Your use of this site confirms your understanding of these conditions.
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