There are currently an estimated 514,500 stock traders in the United States. The stock trader job market is expected to grow by 3.3% between 2024 and 2034.

How employable are stock traders?

CareerExplorer rates stock traders with a B+ employability rating, meaning this career should provide good employment opportunities for the foreseeable future. Over the next 10 years, it is expected the US will need 17,100 stock traders.

Are stock traders in demand?

Although the U.S. financial sector has undergone significant consolidation and noteworthy crises in the last decade, the Bureau of Labor Statistics reports that growth is resuming. General demand for investment banking and commodities trading advisory services and increased opportunities for people of average means to invest in mutual funds and trade stocks could accelerate the availability of trader positions. Some of this projected growth may be countered by individuals trading stocks online, without professional assistance. In general, competition for jobs will continue to be strong as the profession’s potential for high pay attracts many applicants.

What’s the supply of stock traders?

The stock trader industry is concentrated in California, New York, Florida

Stock Trader job market by state

State Name Employed Stock Traders
California 55,860
New York 55,630
Florida 42,600
Texas 41,640
Illinois 27,920
North Carolina 21,890
Pennsylvania 15,510
New Jersey 15,230
Georgia 14,950
Arizona 14,600
Massachusetts 14,510
Ohio 13,520
Colorado 12,360
Tennessee 11,370
Virginia 11,320
Minnesota 8,820
Washington 8,770
Missouri 8,770
Maryland 8,420
South Carolina 7,230
Michigan 7,160
Indiana 6,460
Wisconsin 5,980
Connecticut 5,730
Kentucky 5,340
Alabama 4,710
Utah 4,520
Louisiana 4,130
Nevada 3,140
Oregon 2,900
Arkansas 2,330
Oklahoma 2,310
Kansas 2,310
Delaware 2,300
Iowa 2,300
Nebraska 2,150
Mississippi 1,950
Rhode Island 1,780
New Mexico 1,690
Idaho 1,690
New Hampshire 1,530
District of Columbia 1,500
West Virginia 930
North Dakota 740
South Dakota 730
Maine 690
Montana 430
Hawaii 420
Wyoming 280
Alaska 260
Vermont 240