Millennium Stock Broking Derivatives Trader Salaries by 7 Employees (Updated 2025)

1 - 4 years exp.

₹1.8 Lakh - ₹8 Lakhs

Salary of majority employees

51% less than the average Derivatives Trader Salary for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Derivatives Trader Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Finance & Accounting Derivatives Trader Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹8 L/yr

Last Updated: 21 Dec 2024

Companies similar to Millennium Stock Broking for Derivatives Trader

Company name	Avg Annual Salary	Open Jobs
Angel One Derivatives Trader Salary 0 - 3 years exp. (4 salaries)	₹2.4 L/yr - ₹6.5 L/yr 7% less
Sharekhan Derivatives Trader Salary 2 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹4.6 L/yr 10% more
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Motilal Oswal Financial Services Derivatives Trader Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹3.6 L/yr 19% less
Karvy Stock Broking Derivatives Trader Salary 1 - 9 years exp. (4 salaries)	₹2.1 L/yr - ₹4 L/yr 24% less
Mansukh Securities & Finance Derivatives Trader Salary 0 - 4 years exp. (130 salaries)	₹1.7 L/yr - ₹6 L/yr 17% less	1 job opening

Derivatives Trader salary at Millennium Stock Broking ranges between ₹1.8 Lakh to ₹8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Millennium Stock Broking.

Experience wise Millennium Stock Broking Derivatives Trader salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹1.8 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.2 L/yr
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3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr

Similar Designation salaries in Millennium Stock Broking

Derivative Analyst Salary

(7 salaries)

₹2 L/yr - ₹5.5 L/yr

Options Trader Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Deputy Manager Salary

(3 salaries)

₹7.2 L/yr - ₹7.5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Top skills at Millennium Stock Broking for Derivatives Trader

Stock Market Derivatives Trading Finance bms bba stock broking Share Market Options bcom share trading mba fresher Core Finance Financial Markets mba

Salary related reviews for Millennium Stock Broking

3.7

Rated by 3 employees for salary & benefits

Derivatives Trader in Mumbai

Finance Department

5.0

• posted on 18 Oct 2022

3.0

for Salary and Benefits

Likes

It is an excellent place to start your career as a trader. The environment of the office is positive and the team leaders are quite supportive and understanding which makes it even better.

Skill development - Excellent

+5 more

Dislikes

The pay in the start is kinda low as it is performance+ incentives based.

Derivatives Trader in Mumbai

Other Department

5.0

• posted on 19 Oct 2022

5.0

for Salary and Benefits

Likes

Everything is perfect about this company, if a fresher is looking to study simultaneously with a front desk job in core finance.

Salary - Excellent

+6 more

Dislikes

The pay for the first year is less but the appraisal percentage based on your performance exceeds other jobs.

Derivatives Trader in Mumbai

Trade Department

1.0

• posted on 15 Nov 2020

1.0

for Salary and Benefits

Likes

No pros. Team leaders only ask for the money you make through trading. They assume employees are animals. Everything about this company is bad from beginning they will make you sing a bond and after that will treat you like a bounded labour. They will even shout badly at your poor working condition. No proper break, Job description doesn't match with real work. Poor work life balance, no clear hr policies, hr policies change according to their own convenience. No job security with no future growth. If you don't make profit they fire you immediately without notice. You will surely regret joining it.

Dislikes

... 2. Bond for 18 months will create mental pressure. 3. Unethical EPF Policies. They deduct both employees & employers contribution of EPF from employees salary. 4. Money is everything for them. They will insult you in front of everyone. 5. No hike in salary, no incentives and no yearly appresal. 6. They don't care about employees mental health. Money is top most priority. 7. No medical leaves are given, salary is dedicated for every holiday. Very bad place for working.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Millennium Stock Broking Derivatives Trader Salary FAQs

What is the salary of Derivatives Trader at Millennium Stock Broking?

Derivatives Trader salary at Millennium Stock Broking in India ranges between ₹1.8 Lakhs to ₹8.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 51% less than the average Derivatives Trader Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Millennium Stock Broking India.

How does the salary of a Derivatives Trader at Millennium Stock Broking India compare with the average salary range for this job?

The average salary of a Derivatives Trader at Millennium Stock Broking is 51% less than the average salary of a Derivatives Trader in India. To know exact salary insights, login to view.

What are the top skills required to work as a Derivatives Trader at Millennium Stock Broking?

Stock Market, Derivatives, Trading, Finance and bms are some of the popular skills required to work as a Derivatives Trader at Millennium Stock Broking India.

Which similar companies are paying more than Millennium Stock Broking to a Derivatives Trader in India?

Sharekhan Derivatives Trader Salary - ₹4.3 Lakhs to ₹4.6 Lakhs per year

What is the salary of a Derivatives Trader in companies similar to Millennium Stock Broking in India?

Angel One Derivatives Trader Salary - ₹2.4 Lakhs to ₹6.5 Lakhs per year
Mansukh Securities & Finance Derivatives Trader Salary - ₹1.7 Lakhs to ₹6.0 Lakhs per year
Motilal Oswal Financial Services Derivatives Trader Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
Karvy Stock Broking Derivatives Trader Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Derivatives Trader at Millennium Stock Broking in India?

The estimated take-home salary of a Derivatives Trader at Millennium Stock Broking ranges between ₹30,231 per month to ₹31,542 per month in India. The take-home salary calculation is based on the average Millennium Stock Broking Derivatives Trader salary in India which ranges between ₹1.8 Lakhs to ₹8.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Derivatives Trader at Millennium Stock Broking?

According to AmbitionBox, 86% of the Millennium Stock Broking Derivatives Traders reported a notice period of 1 Month, 14% reported a notice period of More than 3 months.This is based on 7 responses on AmbitionBox in last 2 years.

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Millennium Stock Broking Derivatives Trader Salaries

Millennium Stock Broking Derivatives Trader salary in India ranges between ₹1.8 Lakh to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Millennium Stock Broking latest salaries received from various employees of Millennium Stock Broking.