Millennium Stock Broking Mumbai Derivatives Trader Salaries by 3 Employees (Updated 2025)

1 - 2 years exp.

₹2.5 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Derivatives Trader Salary for 1 - 2 years of experience

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Last Updated: 21 Dec 2024

Companies similar to Millennium Stock Broking for Derivatives Trader in Mumbai

Millennium Stock Broking Derivatives Trader Salary

1 - 2 years exp. (3 salaries)

₹2.5 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Mansukh Securities & Finance Derivatives Trader Salary 0 - 3 years exp. (33 salaries)	₹1.7 L/yr - ₹5 L/yr 10% more
Adroit Financial Services Derivatives Trader Salary 1 - 3 years exp. (13 salaries)	₹1.9 L/yr - ₹3 L/yr 4% less
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Share India Securities Derivatives Trader Salary 1 - 5 years exp. (12 salaries)	₹3 L/yr - ₹7.4 L/yr 79% more
Mansukh Investment Trading Solutions Derivatives Trader Salary 0 - 4 years exp. (8 salaries)	₹1.9 L/yr - ₹4.1 L/yr 3% more
Marwadi Shares & Finance Derivatives Trader Salary 2 - 6 years exp. (8 salaries)	₹2.7 L/yr - ₹12 L/yr 170% more

Derivatives Trader salary at Millennium Stock Broking ranges between ₹2.5 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 3 latest salaries received from various employees of Millennium Stock Broking.

Experience wise Millennium Stock Broking Derivatives Trader salaries in Mumbai

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr

Similar Designation salaries in Millennium Stock Broking

Derivative Analyst Salary

(7 salaries)

₹2 L/yr - ₹5.5 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.

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.

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Millennium Stock Broking Derivatives Trader Salary FAQs

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

According to AmbitionBox, 67% of the Millennium Stock Broking Derivatives Traders in Mumbai reported a notice period of 1 Month, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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Millennium Stock Broking Derivatives Trader Salaries in Mumbai

Millennium Stock Broking Derivatives Trader salary in Mumbai ranges between ₹2.5 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Millennium Stock Broking latest salaries received from various employees of Millennium Stock Broking.