How much do top prop traders make?

Once you move beyond your first year, if you perform well, your compensation at a top firm could increase to the $200K – $500K range. Senior Traders often earn between $500K and $1 million, and Partners can earn over $1 million per year.

How much can you make at a trading firm?

Proprietary Trading Firm Salary

How much does Jane Street manage?

Jane Street Capital, typically referred to as Jane Street, is a global proprietary trading firm with around 1,200 employees. The company is one of the world’s largest market-makers, trading more than $17 trillion worth of securities in 2020….Jane Street Capital.

How much do Wall Street traders make?

The salaries of Wall Street Traders in the US range from $17,415 to $458,570 , with a median salary of $83,571 . The middle 57\% of Wall Street Traders makes between $83,571 and $208,443, with the top 86\% making $458,570.

What is the average salary for prop trading firms?

Our users shared that salaries for prop trading firms are in the $100 K range; however, often times candidates will negotiate their salary with the firm. You should focus more on just getting into a decent shop, period.

Should I go to MIT or NY for prop trading?

You’d better be first in your class at MIT if you want to do better. The top prop trading firms pay all about the same amount. NY firms do pay more than Chicago firms, but if you include the differences in rent and taxes, the salary is about the same.

How hard is it to get into a decent shop?

You should focus more on just getting into a decent shop, period. That’s hard enough. All of them pay very well, and the base salary is sure as hell not where the money’s made. Any decent shop will pay you at least 60k in salary, and bonuses on top of that in your first year.