Home > Salary > Saudi Arabia > Senior Trader Commodities
A 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.
Estimated Yearly Salary: 323,309 SAR
Estimated Monthly Salary: 26,942 SAR
Estimated Weekly Salary: 6,217 SAR per week
Estimated Hourly Salary: 155 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 25,963 SAR
Estimated Weekly Salary: 5,991 SAR per week
Estimated Hourly Salary: 150 SAR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 80,485 USD
Estimated Monthly Salary: 6,707 USD
Estimated Weekly Salary: 1,548 USD per week
Estimated Hourly Salary: 39 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: 323,309 SAR
Estimated Monthly Salary: 26,942 SAR
Estimated Weekly Salary: 6,217 SAR per week
Estimated Hourly Salary: 155 SAR per hour
By working as Senior Trader Commodities a person can save up to 5,603 USD per month or 67,242 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 Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Senior Trader Commodities
United Arab Emirates is 142,760 USD 77%
Details on Senior Trader Commodities salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Senior Trader Commodities salary in Saudi Arabia
Average Yearly Salary of Senior Trader Commodities in Saudi Arabia is approximately 323,309 SAR (80,485 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?
A 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
Job industry: Commodities trading
How much does Senior Trader Commodities make?
Salary details
How much does Senior Trader Commodities make?Estimated Yearly Salary: 323,309 SAR
Estimated Monthly Salary: 26,942 SAR
Estimated Weekly Salary: 6,217 SAR per week
Estimated Hourly Salary: 155 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 311,556 SAREstimated Monthly Salary: 25,963 SAR
Estimated Weekly Salary: 5,991 SAR per week
Estimated Hourly Salary: 150 SAR per hour
Last revision of data: 2024-01-02Senior Trader Commodities estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 80,485 USD
Estimated Monthly Salary: 6,707 USD
Estimated Weekly Salary: 1,548 USD per week
Estimated Hourly Salary: 39 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
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Salary comparison to National average
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Senior Trader Commodities job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Senior Trader Commodities in Saudi Arabia earns on average:
3.12 times the average salary (or 312% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Senior Trader Commodities job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Senior Trader Commodities in Saudi Arabia earns on average:
3.12 times the average salary (or 312% 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 355,640 SAR and 468,798 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Trader Commodities in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 323,309 SAR
Estimated Monthly Salary: 26,942 SAR
Estimated Weekly Salary: 6,217 SAR per week
Estimated Hourly Salary: 155 SAR per hour
By working as Senior Trader Commodities a person can save up to 5,603 USD per month or 67,242 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 Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. 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
Jordan is 27,719 USD
Iraq is 17,585 USD
Kuwait is 39,088 USD
Qatar is 206,524 USD
Bahrain is 52,018 USDUnited Arab Emirates is 142,760 USD 77%Details on Senior Trader Commodities salary in United Arab Emirates
Oman is 26,495 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
Interpreter (87,812 SAR per year, pre-tax.)
Asp.net developer (147,960 SAR per year, pre-tax.)
Client services representative (69,768 SAR per year, pre-tax.)
Dry wall finisher (63,079 SAR per year, pre-tax.)
Graphic artist animator (111,652 SAR per year, pre-tax.)
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