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
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- The majority of Trade brokers earn a salary between ₹13,238 and ₹1,21,392 per month in 2024.
- A monthly wage for entry-level Trade brokers ranges from ₹13,238 to ₹36,035.
- After gaining 5 years of work experience, their income will be between ₹26,549 and ₹61,644 per month.
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Job Responsibilities
- 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