Home > Salary > Nigeria > Trader Hedge Fund
A trader in a hedge fund is responsible for executing trades on behalf of the fund's investors. They analyze market trends, identify investment opportunities, and make buy or sell decisions to maximize profits and minimize risks. Traders closely monitor financial markets, economic news, and company reports to stay updated on market conditions and make informed trading decisions. They use various tools and strategies such as technical analysis, quantitative models, and fundamental analysis to assess the potential returns and risks of different investments.
Estimated Yearly Salary: 7,098,303 NGN
Estimated Monthly Salary: 591,525 NGN
Estimated Weekly Salary: 136,506 NGN per week
Estimated Hourly Salary: 3,413 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 569,873 NGN
Estimated Weekly Salary: 131,509 NGN per week
Estimated Hourly Salary: 3,288 NGN per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 8,497 USD
Estimated Monthly Salary: 708 USD
Estimated Weekly Salary: 163 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: 7,098,303 NGN
Estimated Monthly Salary: 591,525 NGN
Estimated Weekly Salary: 136,506 NGN per week
Estimated Hourly Salary: 3,413 NGN per hour
By working as Trader Hedge Fund a person can save up to 502 USD per month or 6,030 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 Nigeria, see costs of living in Nigeria.
Estimated Yearly Salary for Trader Hedge Fund
Last revision of data: 2025-01-04
Data as of 2025
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Trader Hedge Fund salary in Nigeria
Average Yearly Salary of Trader Hedge Fund in Nigeria is approximately 7,098,303 NGN (8,497 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 Trader Hedge Fund do?
A trader in a hedge fund is responsible for executing trades on behalf of the fund's investors. They analyze market trends, identify investment opportunities, and make buy or sell decisions to maximize profits and minimize risks. Traders closely monitor financial markets, economic news, and company reports to stay updated on market conditions and make informed trading decisions. They use various tools and strategies such as technical analysis, quantitative models, and fundamental analysis to assess the potential returns and risks of different investments.
Skills: Trader, Hedge Fund, Financial Markets, Investment Opportunities, Risk Management, Trading Strategies
Job industry: Finance
Job industry: Finance
How much does Trader Hedge Fund make?
Salary details
How much does Trader Hedge Fund make?Estimated Yearly Salary: 7,098,303 NGN
Estimated Monthly Salary: 591,525 NGN
Estimated Weekly Salary: 136,506 NGN per week
Estimated Hourly Salary: 3,413 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,838,480 NGNEstimated Monthly Salary: 569,873 NGN
Estimated Weekly Salary: 131,509 NGN per week
Estimated Hourly Salary: 3,288 NGN per hour
Last revision of data: 2024-01-03Trader Hedge Fund estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,497 USD
Estimated Monthly Salary: 708 USD
Estimated Weekly Salary: 163 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
Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Trader Hedge Fund job salary compared to average salary in Nigeria.
Comparison shows that a person working as Trader Hedge Fund in Nigeria earns on average:
1.8 times the average salary (or 180% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Trader Hedge Fund job salary compared to average salary in Nigeria.
Comparison shows that a person working as Trader Hedge Fund in Nigeria earns on average:
1.8 times the average salary (or 180% of average salary).
Is Trader Hedge Fund a well paid job?
Yes, our data shows that Trader Hedge Fund 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 Trader Hedge Fund?
High salary for Trader Hedge Fund would be somewhere between 7,808,133 NGN and 10,292,539 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Trader Hedge Fund in Nigeria?
Living in Nigeria the approximate monthly expenses are: 206 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: 7,098,303 NGN
Estimated Monthly Salary: 591,525 NGN
Estimated Weekly Salary: 136,506 NGN per week
Estimated Hourly Salary: 3,413 NGN per hour
By working as Trader Hedge Fund a person can save up to 502 USD per month or 6,030 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 Nigeria, see costs of living in Nigeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Niger, Chad, Cameroon, Benin. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Trader Hedge Fund
Cameroon is 2,727 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 Nigeria
(44,763,887 NGN per year, pre-tax.)
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(35,006,913 NGN per year, pre-tax.)
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(34,169,925 NGN per year, pre-tax.)
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Data as of 2025Random salary:
Faculty affairs associate dean (5,393,250 NGN per year, pre-tax.)
Respiratory care technician (3,231,976 NGN per year, pre-tax.)
Registered dental assistant (rda) (3,231,976 NGN per year, pre-tax.)
Power plant operator (5,463,793 NGN per year, pre-tax.)
Director community relations (5,479,980 NGN per year, pre-tax.)
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