Interactive Brokers Mumbai Software Developer Salaries by 10 Employees (Updated 2025)

2 - 6 years exp.

₹13.5 Lakhs - ₹37.6 Lakhs

Salary of majority employees

142% more than the average Software Developer Salary in Financial Services Companies for 2 - 6 years of experience

Interested in this particular role? 2 job openings

Last Updated: 27 Feb 2025

Companies similar to Interactive Brokers for Software Developer in Mumbai

Interactive Brokers Software Developer Salary

2 - 6 years exp. (10 salaries)

₹13.5 L/yr - ₹37.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Stock Holding Corporation of India Software Developer Salary 3 - 5 years exp. (4 salaries)	₹3 L/yr - ₹8.5 L/yr 80% less
PhillipCapital Software Developer Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹11.3 L/yr 69% less
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NASDAQ Software Developer Salary 1 - 4 years exp. (3 salaries)	₹8.5 L/yr - ₹15.9 L/yr 37% less
TCS Software Developer Salary 0 - 9 years exp. (1.4k salaries)	₹3.6 L/yr - ₹13.1 L/yr 61% less

Software Developer salary at Interactive Brokers ranges between ₹13.5 Lakhs to ₹37.6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 10 latest salaries received from various employees of Interactive Brokers.

Experience wise Interactive Brokers Software Developer salaries in Mumbai

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹13.5 L/yr - ₹18 L/yr
3 years (AmbitionBox Estimate)	₹18.1 L/yr - ₹23.1 L/yr
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4 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.5 L/yr
5 years (4 salaries)	₹25 L/yr - ₹32.8 L/yr
6 years (AmbitionBox Estimate)	₹28.4 L/yr - ₹36.2 L/yr

Similar Designation salaries in Interactive Brokers

Software Engineer Salary

(23 salaries)

₹9.2 L/yr - ₹28 L/yr

Senior Associate Salary

(9 salaries)

₹4.3 L/yr - ₹13 L/yr

Team Lead Salary

(8 salaries)

₹8.75 L/yr - ₹12.5 L/yr

Senior Software Engineer Salary

(7 salaries)

₹23 L/yr - ₹40 L/yr

Web Developer Salary

(4 salaries)

₹11.4 L/yr - ₹32 L/yr

Senior Software Developer Salary

(3 salaries)

₹28 L/yr - ₹29 L/yr

Senior Developer Salary

(3 salaries)

₹16.7 L/yr - ₹21.4 L/yr

Top skills at Interactive Brokers for Software Developer

PLSQL Investment Banking Python MySQL Oracle Application Development Java UNIX Linux Administration Front End Computer Science Data Structures Spring Mvc Kafka Shell Scripting

Salary related reviews for Interactive Brokers

3.0

Rated by 1 employees for salary & benefits

Senior Client Servicing Executive in Mumbai Suburban

Full Time

Other Department

3.0

• posted on 12 Oct 2023

4.0

for Salary and Benefits

Likes

The pay package comparatively good.

Salary - Good

Dislikes

Management is biased. They will never help you in your skills development or learning but will always be after you for even a small mistake. Favourism is at peak. Whoever is the favourite they get all the benefits even if they are shit.

Skill development - Bad

+5 more

Global Client Services Associate in Marol, Andheri, Mumbai, Maharashtra

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 23 Nov 2022

5.0

for Salary and Benefits

Likes

1. You get good salary + shift allowance. There are few more things which are good like office picnic etc.

Salary - Excellent

Dislikes

Pressure is high to do well not the work load but if you make mistakes there is high risk of getting terminated here without any proper notice.

Skill development - Poor

+3 more

Associate GCS in Mumbai

Full Time

Other Department

1.0

• posted on 14 Jan 2023

1.0

for Salary and Benefits

Likes

absolutely nothing, do not joinnnnn!

Dislikes

zero work life balance, pathetic managers. pathetic compensation, even the food card they give they will add it to CTC and once you leave company they will take away 90% of ESOP bonus back, pathetic vesting schedule

Salary - Bad

+6 more

Trading Manager in Brahmapur (working remotely)

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Nov 2024

1.0

for Salary and Benefits

Likes

It offers free daily video market commentary and show that covers a variety of strategies and markets insights making it a solid choice for both beginners and advanced traders looking to deepen their knowledge

Dislikes

It doesn’t support mutual funds bonds or forex trading which may not be ideal for investors seeking a more diversified portfolio

Salary - Bad

+6 more

Talent Acquisition Specialist in Mumbai

Full Time

Human Resources Department

1.0

• posted on 10 Aug 2024

1.0

for Salary and Benefits

Likes

There is nothing to like

Dislikes

Lot of internal politics, they only promote and give recognition to boss's favourite person, the boss and the head boss have something going go . Very bad environment to work in. No job security. Since I joined they have Layed of 60% of the team.

Salary - Bad

+6 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Interactive Brokers Software Developer Salary FAQs

What is the salary of Software Developer at Interactive Brokers in Mumbai?

The average salary of a Software Developer at Interactive Brokers in Mumbai typically ranges from ₹13.5 Lakhs to ₹37.6 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Software Developer in Mumbai at Interactive Brokers earn more than ₹35.2 Lakhs per year, and the top 1% earn over ₹37.6 Lakhs per year. Software Developer Salaries at Interactive Brokers can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 Interactive Brokers employees in India.

What is the estimated take home salary of a Software Developer at Interactive Brokers in Mumbai?

The estimated take-home salary of a Software Developer at Interactive Brokers in Mumbai typically ranges from ₹1,42,504 to ₹1,47,810 per month. This is based on the average salary range of ₹13.5 Lakhs to ₹37.6 Lakhs per year for employees with experience ranging from 2 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of Interactive Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Developer at Interactive Brokers in Mumbai?

To be a Software Developer at Interactive Brokers in Mumbai, the key skills required include:

- PLSQL
- Investment Banking
- Python
- MySQL
- Oracle

These skills are highly valued at Interactive Brokers and are crucial for successful performance in a Software Engineering role.

What is the salary of a Software Developer in companies similar to Interactive Brokers in Mumbai?

The salary of a Software Developer at companies similar to Interactive Brokers in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NASDAQ	₹8.5 Lakhs to ₹15.9 Lakhs per year
TCS	₹3.6 Lakhs to ₹13.1 Lakhs per year
PhillipCapital	₹3.0 Lakhs to ₹11.3 Lakhs per year
Stock Holding Corporation of India	₹3.0 Lakhs to ₹8.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Software Developer at Interactive Brokers in Mumbai?

The salary growth for a Software Developer at Interactive Brokers in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Developer in Mumbai can expect the following growth trajectory at Interactive Brokers:

Experience	Average Salary Range
2 years	₹13.5 Lakhs to ₹18.0 Lakhs per year
3 years	₹18.1 Lakhs to ₹23.1 Lakhs per year
4 years	₹21.5 Lakhs to ₹27.5 Lakhs per year
5 years	₹25.0 Lakhs to ₹32.8 Lakhs per year

and so on.

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Interactive Brokers Software Developer Salaries in Mumbai

Interactive Brokers Software Developer salary in Mumbai ranges between ₹13.5 Lakhs to ₹37.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Interactive Brokers latest salaries received from various employees of Interactive Brokers.