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Trade broker salary in Singapore

What a trade broker earns a month, from MOM’s June 2024 wage survey. See where your own pay sits.

Median gross pay a month · Trade brokerS$13,500Half earn S$5,768 to S$20,000 · June 2024 · 9th highest of 562 jobs

On the median, S$13,500, a Singapore citizen aged 55 or under pays S$1,600 employee CPF (20%) and takes home about S$11,900 a month, before income tax. Work out your own CPF · income tax

Gross and basic pay a month, June 2024

25th percentileMedian75th percentile
GrossS$5,768S$13,500S$20,000
BasicS$5,768S$12,667S$20,000

By industry median gross, highest first

Industry25thMedian75th
Wholesale and retail tradeS$3,451S$14,070S$20,000
Financial and insurance servicesS$5,604S$8,831S$16,000

Jobs paying about the same median gross

From MOM’s Occupational Wage Survey, June 2024, on data.gov.sg: citizens and PRs working full-time in private sector firms with 25 or more employees. Gross is basic pay plus overtime, commissions and allowances, before CPF; it leaves out bonuses and employer CPF.

Questions

How much does a trade broker earn in Singapore?

A median of S$13,500 a month gross in MOM’s June 2024 survey: half earn more, half less, and the middle half S$5,768 to S$20,000. Basic pay, before overtime, commissions and allowances, had a median of S$12,667. That’s the 9th highest of the 562 jobs in the survey.

What is a trade broker’s take-home pay?

On the median of S$13,500, a Singapore citizen aged 55 or under pays S$1,600 employee CPF and takes home about S$11,900 a month, before income tax. The CPF calculator works it out for any pay and age.

Which industry pays a trade broker the most?

Wholesale and retail trade, a median of S$14,070 a month gross, against S$8,831 in financial and insurance services. MOM lists 2 industries for this job.

Is S$20,000 a good salary for a trade broker?

S$20,000 is right at the 75th percentile, S$20,000: about three in four earn less. Type your own pay to see where it sits.

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