839 salaries
£70K
Low
£122K
Average
£227K
High
How accurate does £121,876 look to you?
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in London
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Job Title | Salary |
---|---|
Trader | £121,876 /yr |
Senior Trader | |
Lead Trader | £69,708 /yr |
per year
per year
per year
per year
in London
Download as data table
Job Title | Salary |
---|---|
Trader | £121,876 /yr |
Senior Trader | |
Lead Trader | £69,708 /yr |
Location
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Company
Average Base Salary in (GBP)
Range
£63K
£386K
£62,655 - £386,313 Range
£64K
£334K
£64,085 - £334,047 Range
£69K
£506K
£69,270 - £506,361 Range
£54K
£941K
£53,548 - £940,589 Range
£50K
£426K
£50,165 - £426,277 Range
£46K
£193K
£46,065 - £192,550 Range
£46K
£266K
£46,316 - £265,827 Range
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£57K
£900K
£56,875 - £899,882 Range
£68K
£223K
£67,900 - £222,551 Range
£36K
£1M
£35,791 - £1,103,411 Range
£59K
£332K
£59,162 - £332,193 Range
£71K
£637K
£71,189 - £637,312 Range
£30K
£51K
£30,163 - £51,300 Range
£59K
£323K
£59,433 - £323,157 Range
£63K
£361K
£62,655 - £360,893 Range
£103K
£481K
£102,813 - £481,227 Range
£95K
£419K
£94,659 - £418,714 Range
£87K
£487K
£86,782 - £487,349 Range
£62K
£97K
£61,749 - £97,351 Range
£125K
£12B
£125,388 - £11,897,621,504 Range
The average salary for a Trader is £121,876 per year in London. Salaries estimates are based on 839 salaries submitted anonymously to Glassdoor by a Trader employees in London.
The highest salary for a Trader in London is £227,402 per year.
The lowest salary for a Trader in London is £69,691 per year.
Traders can earn extremely high pay, earning compensation that make them into millionaires. Their salaries may start off just under six figures. Self-employed traders face unlimited upside if they chose to invest in a security and its value rises significantly. Alternately, they can lose their investment entirely. Traders working for financial services firms, such as City of London banks, typically earn high starting salaries then receive considerable performance-based cash compensation.
Progressing in your career as a trader within a firm and working your way up is one of the most common ways to increase your salary. In the meantime, you can accelerate the process by completing extra training, such as a master's degree in economics or a related field to increase the value you bring to your team. Expand your trading options through additional licences from the Financial Conduct Authority (FCA), such as a Securities and Derivatives qualification, to sell in specific markets or offer financial advice to clients for additional pay. Once you have a strong history of successful trading, you can set aside capital or seek out investors to start your own investment firm.
Salary negotiations are part of accepting any trader job,
whether it's with a new company or an internal promotion. It’s important to highlight the value you create for your company, such as additional licences you've obtained or high-performing client portfolios. Also remember to check the pay offered on active job postings to see where current salaries lie. Use this information to approach your negotiation and show you understand the market trader salary range. It's also important to be realistic and consider the company's financial situation and any other benefits they offer. Be prepared to negotiate on other areas of your compensation package, such as bonuses or flexible working arrangements, if the base salary isn't negotiable.
About 66.21% of Trader professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional £40,779 in potential pay per year, among other factors, can qualify the annual pay of a Trader in London, UK as a good salary.
Trader professionals in London, UK have a wide total pay range, between £44,066 and £423,755 depending on experience, with an estimated total pay of £121,876 following the average career path of a Trader.