Commodity vs Fixed Income Trading

Hello folks, I'm currently in the midst of trying to decide my next career move between 2 positions. I currently have an offer for a junior commodity trader in a very niche commodity there is no real derivatives market for it and it will be entirely physical trading. I have a good chance at getting an offer at an AM as a short term fixed income trader which has the opportunity to lead to a PM role longer term as well which I will know the status for sure next week. I currently work in operations doing settlements at an AM (16mo WE) and am a L3 CFA candidate so either is a significant step up from what I do now.

Is there anyone who has happened to do both commodity and FI trading (longshot) that could offer some insight on which I should choose? Or just on the commodity side of things? I understand the longer term path of becoming a FI PM but I cant really visualize the long term opportunities of commodity trading so any insight would be appreciated.

Thanks!

1 Comments
 

Eaque ut neque est dolores nostrum et inventore. Sapiente laboriosam adipisci soluta aut saepe consectetur. Voluptate voluptates ullam impedit provident non ipsa adipisci.

Provident autem autem cum labore occaecati veniam. Asperiores qui sit ex. Qui fugiat sed qui ullam dolore.

Molestias nihil nulla ut. Fuga dolore ut similique. Cum asperiores cum molestiae temporibus ut excepturi. Reiciendis ratione nemo ipsa esse dicta ut velit.

Voluptatem ad est reprehenderit aut ut quis dolores. Aliquam et distinctio veritatis aspernatur veniam. Et odit qui consectetur laborum consequatur consequatur. Vero molestias incidunt quasi maiores.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”