Trader Salaries in United Kingdom

The average salary for a Trader is £106,741 per year in United Kingdom. Salaries estimates are based on 962 salaries submitted anonymously to Glassdoor by a Trader employees in United Kingdom.

The highest salary for a Trader in United Kingdom is £207,220 per year.

The lowest salary for a Trader in United Kingdom is £59,368 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 66.10% of Trader professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional £33,416 in potential pay per year, among other factors, can qualify the annual pay of a Trader in United Kingdom as a good salary.

Trader professionals in United Kingdom have a wide total pay range, between £36,820 and £405,608 depending on experience, with an estimated total pay of £106,741 following the average career path of a Trader.