Home > Salary > Norway > Trader Commodities Futures
A trader in commodities futures is an individual who buys and sells contracts for future delivery of physical commodities such as crude oil, gold, wheat, or natural gas. They operate in the financial market known as futures trading, where they speculate on the price movements of these commodities to make profits. Traders analyze market trends, economic indicators, and supply and demand factors to make informed decisions about buying or selling futures contracts. They closely monitor global events, news, and weather patterns that could impact commodity prices. Effective risk management and the ability to handle high-pressure situations are crucial in this occupation. Some traders work for large financial institutions, while others may be independent traders who manage their own portfolios. The role requires strong analytical skills, knowledge of financial markets, and the ability to make quick decisions based on complex information.
Estimated Yearly Salary: 1,630,377 NOK
Estimated Monthly Salary: 135,865 NOK
Estimated Weekly Salary: 31,353 NOK per week
Estimated Hourly Salary: 784 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 131,694 NOK
Estimated Weekly Salary: 30,391 NOK per week
Estimated Hourly Salary: 760 NOK per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 149,065 USD
Estimated Monthly Salary: 12,422 USD
Estimated Weekly Salary: 2,867 USD per week
Estimated Hourly Salary: 72 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: 1,630,377 NOK
Estimated Monthly Salary: 135,865 NOK
Estimated Weekly Salary: 31,353 NOK per week
Estimated Hourly Salary: 784 NOK per hour
By working as Trader Commodities Futures a person can save up to 8,602 USD per month or 103,220 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 Norway, see costs of living in Norway.
Estimated Yearly Salary for Trader Commodities Futures
Last revision of data: 2025-01-04
Data as of 2025
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Trader Commodities Futures salary in Norway
Average Yearly Salary of Trader Commodities Futures in Norway is approximately 1,630,377 NOK (149,065 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 Commodities Futures do?
A trader in commodities futures is an individual who buys and sells contracts for future delivery of physical commodities such as crude oil, gold, wheat, or natural gas. They operate in the financial market known as futures trading, where they speculate on the price movements of these commodities to make profits. Traders analyze market trends, economic indicators, and supply and demand factors to make informed decisions about buying or selling futures contracts. They closely monitor global events, news, and weather patterns that could impact commodity prices. Effective risk management and the ability to handle high-pressure situations are crucial in this occupation. Some traders work for large financial institutions, while others may be independent traders who manage their own portfolios. The role requires strong analytical skills, knowledge of financial markets, and the ability to make quick decisions based on complex information.
Skills: commodities trading, futures market, financial market, risk management, analytical skills, decision-making
Job industry: Finance
Job industry: Finance
How much does Trader Commodities Futures make?
Salary details
How much does Trader Commodities Futures make?Estimated Yearly Salary: 1,630,377 NOK
Estimated Monthly Salary: 135,865 NOK
Estimated Weekly Salary: 31,353 NOK per week
Estimated Hourly Salary: 784 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,580,326 NOKEstimated Monthly Salary: 131,694 NOK
Estimated Weekly Salary: 30,391 NOK per week
Estimated Hourly Salary: 760 NOK per hour
Last revision of data: 2024-01-09Trader Commodities Futures estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 149,065 USD
Estimated Monthly Salary: 12,422 USD
Estimated Weekly Salary: 2,867 USD per week
Estimated Hourly Salary: 72 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
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Country:
Salary comparison to National average
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Trader Commodities Futures job salary compared to average salary in Norway.
Comparison shows that a person working as Trader Commodities Futures in Norway earns on average:
1.67 times the average salary (or 167% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Trader Commodities Futures job salary compared to average salary in Norway.
Comparison shows that a person working as Trader Commodities Futures in Norway earns on average:
1.67 times the average salary (or 167% of average salary).
Is Trader Commodities Futures a well paid job?
Yes, our data shows that Trader Commodities Futures 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 Commodities Futures?
High salary for Trader Commodities Futures would be somewhere between 1,793,415 NOK and 2,364,047 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Trader Commodities Futures in Norway?
Living in Norway the approximate monthly expenses are: 3,820 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: 1,630,377 NOK
Estimated Monthly Salary: 135,865 NOK
Estimated Weekly Salary: 31,353 NOK per week
Estimated Hourly Salary: 784 NOK per hour
By working as Trader Commodities Futures a person can save up to 8,602 USD per month or 103,220 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 Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. 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 Commodities Futures
Sweden is 97,921 USD
Finland is 84,873 USD
Russia is 19,911 USD
Denmark is 114,164 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Dairy clerk (284,898 NOK per year, pre-tax.)
Crm manager (1,148,235 NOK per year, pre-tax.)
Sports broadcaster (935,257 NOK per year, pre-tax.)
Php lead developer (1,494,910 NOK per year, pre-tax.)
Back office manager (674,177 NOK per year, pre-tax.)
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