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Average Commodity Broker Salary in United Kingdom for 2026

A commodity broker in United Kingdom earns about 66,900 GBP a year. That's 4% roughly in line with the national average of 69,700 GBP.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in United Kingdom sit around 30,100 GBP a year, while the very top stretches to 105,800 GBP. Everything on this page is in British pound (GBP, symbol £), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in United Kingdom, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in United Kingdom into a take-home figure, use our United Kingdom salary after tax calculator, which works the latest tax brackets and contributions through the math for you.

How much does a commodity broker make in United Kingdom?

Average salary
66,900 GBP
5,575 GBP per month
Lowest reported
30,100 GBP
2,508 GBP per month
Highest reported
105,800 GBP
8,816 GBP per month

A typical commodity broker working in United Kingdom brings home around 5,575 GBP a month before tax. Entry-level pay starts near 30,100 GBP, and the top of the ladder reaches roughly 105,800 GBP for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior commodity broker working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the commodity broker salary in Guernsey or Jersey, both of which pay in the same currency.

How commodity broker pay ranges in United Kingdom

A good way to think about salary in United Kingdom is to look at the distribution rather than the headline average. Half of all commodity brokers in United Kingdom earn less than 69,800 GBP a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 46,400 GBP (the 25th percentile), and a quarter clear 94,000 GBP (the 75th percentile). The middle 50% of commodity brokers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 30,100 GBP. The highest stretch to 105,800 GBP, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

30,100
Low
69,800
Median
105,800
High
46,400
25th
94,000
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in GBP

Commodity broker pay by experience in United Kingdom

Years of experience is the single biggest lever on pay for a commodity broker in United Kingdom, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical commodity broker salary changes as you move through the career ladder.

  • 0-2 Years
    33,600 GBP
  • 2-5 Years
    +34% from previous
    45,000 GBP
  • 5-10 Years
    +55% from previous
    69,700 GBP
  • 10-15 Years
    +22% from previous
    84,900 GBP
  • 15-20 Years
    +8% from previous
    91,900 GBP
  • 20+ Years
    +7% from previous
    98,700 GBP

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 55%. That is the point at which a commodity broker typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Commodity broker pay by education in United Kingdom

Education sits alongside experience as one of the biggest factors driving commodity broker pay in United Kingdom. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average commodity broker salary in United Kingdom broken down by the highest level of education a worker has completed.

  • High School
    42,800 GBP
  • Certificate or Diploma
    +20% from previous
    51,500 GBP
  • Bachelor's Degree
    +41% from previous
    72,700 GBP
  • Master's Degree
    +32% from previous
    96,000 GBP

Commodity broker gender pay gap in United Kingdom

The gender pay gap is a stubborn feature of almost every labour market, and United Kingdom is no exception. Male commodity brokers in United Kingdom earn an average of 69,400 GBP a year, while female commodity brokers earn around 64,900 GBP. That works out to a 7% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Commodity Broker gender pay gap

6%

Men earn this much more than women on average in United Kingdom.

Men 69,400 GBP
Women 64,900 GBP

Pay raises for a commodity broker in United Kingdom

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in United Kingdom sees a raise of about 13% every 13 months, which works out to roughly 12% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in United Kingdom, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in United Kingdom:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Commodity broker bonus rates in United Kingdom

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

61%

61% of commodity brokers in United Kingdom reported a bonus of some kind in the past twelve months. That makes a commodity broker a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 2% to 7% of base salary. The remaining 39% of commodity brokers reported no bonus at all over the same period.

Which careers pay bonuses in United Kingdom

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Commodity broker: public vs private sector pay

Public-sector pay in United Kingdom is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in United Kingdom on average.

Public sector 72,700 GBP
Private sector 68,200 GBP

Commodity broker salary by city and region in United Kingdom

Commodity broker pay is not even across United Kingdom. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • England
  • Scotland
  • Birmingham
  • London
  • Liverpool
  • Manchester
  • Edinburgh
  • Bristol
  • Cardiff
  • Bradford
LocationTypeAverageMedianRange
EnglandRegion123,800 GBP134,700 GBP57,800-199,700 GBP
ScotlandRegion91,600 GBP93,800 GBP43,100-142,300 GBP
BirminghamCity82,300 GBP88,400 GBP38,700-130,500 GBP
LondonCity81,000 GBP88,600 GBP36,800-127,600 GBP
LiverpoolCity79,000 GBP75,900 GBP41,000-123,000 GBP
ManchesterCity77,300 GBP79,000 GBP39,100-123,000 GBP
EdinburghCity77,300 GBP75,800 GBP35,400-117,100 GBP
BristolCity77,100 GBP86,400 GBP34,900-123,800 GBP
CardiffCity76,000 GBP71,700 GBP39,300-115,600 GBP
BradfordCity75,900 GBP77,300 GBP36,400-119,700 GBP
GlasgowCity75,800 GBP73,500 GBP41,100-117,100 GBP
WolverhamptonCity74,000 GBP79,600 GBP35,500-114,300 GBP
CoventryCity73,500 GBP77,300 GBP36,400-116,400 GBP
SomersetCity72,800 GBP68,100 GBP36,700-109,700 GBP
NottinghamCity72,400 GBP77,300 GBP36,400-114,300 GBP
AberdeenCity72,400 GBP67,800 GBP35,200-109,700 GBP
BrightonCity72,400 GBP71,800 GBP36,800-114,600 GBP
LeedsCity72,300 GBP71,800 GBP38,000-114,600 GBP
NewcastleCity72,300 GBP71,600 GBP38,000-114,900 GBP
SheffieldCity71,400 GBP79,600 GBP33,500-114,300 GBP
Kingston upon HullCity71,000 GBP73,200 GBP33,600-108,200 GBP
PlymouthCity71,000 GBP73,200 GBP33,000-108,200 GBP
OxfordCity69,800 GBP66,700 GBP36,500-105,800 GBP
DerbyCity69,800 GBP69,100 GBP36,700-109,700 GBP
SwanseaCity69,700 GBP70,100 GBP35,200-109,700 GBP
YorkCity69,700 GBP73,200 GBP33,600-108,200 GBP
LeicesterCity69,200 GBP75,100 GBP32,300-114,600 GBP
BelfastCity69,200 GBP76,000 GBP31,400-108,200 GBP
DundeeCity68,900 GBP73,500 GBP30,600-109,700 GBP
NewportCity68,500 GBP76,000 GBP32,200-108,200 GBP
PeterboroughCity68,500 GBP76,000 GBP32,200-108,200 GBP
PortsmouthCity68,100 GBP73,500 GBP30,600-109,700 GBP
ArmaghCity67,600 GBP64,100 GBP35,300-100,700 GBP
PooleCity66,900 GBP64,300 GBP35,100-100,700 GBP
NorwichCity66,400 GBP74,100 GBP32,900-107,700 GBP
ChesterCity66,000 GBP69,200 GBP29,300-103,600 GBP
CambridgeCity65,800 GBP68,900 GBP32,200-105,800 GBP
NewryCity65,700 GBP72,000 GBP32,900-107,700 GBP
SouthamptonCity65,700 GBP69,800 GBP33,300-105,800 GBP
GloucesterCity64,800 GBP60,800 GBP34,000-97,300 GBP
WinchesterCity64,600 GBP61,700 GBP31,700-100,200 GBP
LisburnCity64,400 GBP64,100 GBP35,300-100,700 GBP
StirlingCity64,300 GBP58,800 GBP33,600-98,100 GBP
LincolnCity64,300 GBP63,500 GBP29,600-100,100 GBP
ExeterCity64,200 GBP65,900 GBP33,200-103,600 GBP
DurhamCity63,700 GBP66,200 GBP29,300-100,100 GBP
WalesRegion63,500 GBP60,700 GBP32,300-94,800 GBP
WellsCity63,100 GBP64,900 GBP29,600-96,000 GBP
WakefieldCity62,100 GBP66,900 GBP27,400-97,200 GBP
InvernessCity62,100 GBP66,700 GBP29,000-95,900 GBP
BangorCity61,800 GBP62,600 GBP30,100-98,800 GBP
HartlepoolCity61,700 GBP66,400 GBP28,900-101,400 GBP
CanterburyCity61,500 GBP61,400 GBP34,100-95,500 GBP
St DavidsCity61,400 GBP62,600 GBP30,100-95,100 GBP
Northern IrelandRegion60,900 GBP58,100 GBP30,000-92,300 GBP
SalisburyCity60,700 GBP56,600 GBP30,600-91,600 GBP
DerryCity60,600 GBP64,300 GBP30,800-97,600 GBP
RiponCity60,500 GBP60,200 GBP28,900-92,900 GBP
KirkwallCity60,400 GBP61,400 GBP28,900-91,600 GBP
StrontianCity58,200 GBP57,800 GBP26,100-89,300 GBP
AbingdonCity58,200 GBP58,600 GBP29,900-91,200 GBP
TruroCity56,600 GBP54,500 GBP28,900-87,800 GBP
StromnessCity56,400 GBP63,100 GBP27,300-93,100 GBP

Commodity Broker in United Kingdom: FAQs

  • How much does a commodity broker make per month in United Kingdom?

    A commodity broker in United Kingdom earns about 5,575 GBP a month before tax, based on an annual average of 66,900 GBP.

  • What's the salary range for a commodity broker in United Kingdom?

    Entry-level commodity brokers in United Kingdom start near 30,100 GBP. Top-end pay reaches around 105,800 GBP. The middle 50% of earners sit between 46,400 and 94,000 GBP.

  • Is the median commodity broker salary in United Kingdom higher or lower than the average?

    The median is 69,800 GBP, higher than the average of 66,900 GBP. Half of commodity brokers in United Kingdom earn below the median, half earn above it.

  • What's the gender pay gap for commodity brokers in United Kingdom?

    Men working as a commodity broker in United Kingdom earn around 7% more than women on average (69,400 vs 64,900 GBP a year).

  • Do commodity brokers in United Kingdom get bonuses?

    About 61% of commodity brokers in United Kingdom reported a bonus in the past 12 months. Reported bonuses ranged from 2% to 7% of base salary.

  • Do commodity brokers earn more in the public or private sector in United Kingdom?

    In United Kingdom, the public sector pays a commodity broker about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do commodity brokers in United Kingdom get a pay raise?

    A commodity broker in United Kingdom sees a raise of around 13% every 13 months, equivalent to roughly 12% a year.