How to become a commodities or Freight derivatives broker

Official title: Commodities/Freight derivatives broker

Also called: Commodities broker, Commodities broker (financial), Commodities trading advisor, Commodities trading advisor's representative, Commodity futures broker, Commodity futures pool operator, Commodity futures pool operator's representative, Freight derivatives broker, Ÿ Commodities broker (financial), Ÿ Commodities trading advisor, Ÿ Commodity futures pool operator

Commodities/Freight derivatives broker buys and sells commodities and freight derivatives on behalf of his/her clients on a commission basis. He/she executes trading activities as per clients’ instructions.

Main tasks

• Obtaining information about the financial circumstances of customers and companies in which investments may be made
• Informing prospective customers about market conditions and prospects
• Recording and transmitting buy and sell orders for securities, stocks, bonds or other financial instruments and for foreign exchange for future or immediate delivery

Ways in

• University: Business & Commerce degrees, Offered by 6 universities in Singapore

Pay · Outlook · AI and this job

• Median pay: $144,000 a year. The middle half earn $98,460 to $223,944 a year.
• Generative AI could change many tasks in this job, which usually reshapes the work more than it replaces it, by the ILO's global estimate.

Related jobs

• Securities/Finance broker
• Foreign exchange broker
• Financial derivatives broker

Not sure this is for you? Take the 2-minute career quiz

Questions people ask

How do I become a commodities or Freight derivatives broker?

Ways in include: Business & Commerce degrees.

How much does a commodities or Freight derivatives broker earn in Singapore?

Median full-time pay is $144,000 a year (Ministry of Manpower (via data.gov.sg)). The middle half earn $98,460 to $223,944.

Will AI change the work of a commodities or Freight derivatives broker?

Generative AI could change many tasks in this job, which usually reshapes the work more than it replaces it, by the ILO's global estimate.

Sources

• Ministry of Manpower (via data.gov.sg): Resident Occupational Wages (Occupational Wage Survey) (June 2024 (data.gov.sg update 2026-04-01)), Singapore Open Data Licence v1.0, retrieved 4 October 2026
• International Labour Organization, Generative AI and Jobs: A Refined Global Index of Occupational Exposure (ILO Working Paper 140, Gmyrek et al.) (ILO Working Paper 140, May 2025, Annex Table A1), CC BY 4.0, retrieved 4 October 2026

Updated 4 October 2026