Trade brokers buy and sell commodities and shipping services, usually in bulk, on behalf of their own company or for customers on a commission basis.
Skill level:
Skilled
Check your Wage
- Salary range for the majority of workers in Trade brokers - from $2,038 to $8,202 per month - 2024.
- A Trade brokers typically earns between $2,038 and $4,930 gross per month at the start of the job.
- After 5 years of service, this is between $2,395 and $5,873 per month for a working week of 40 hours.
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Tasks and duties
- Establishing contact between buyers and sellers of commodities
- Discussing buying or selling requirements of clients and giving advice accordingly
- Buying and selling cargo space on ships
- Negotiating purchase or sale of commodities and commodity futures
- Finding cargo and/or storage space for commodities and negotiating freight, shipping and storage charges
- Monitoring and analyzing market trends and other factors affecting the supply and demand for commodities and shipping services
