FXCM Reviews

Updated August 29, 2014
Updated August 29, 2014
122 Reviews
3.1
122 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
FXCM CEO and Director Drew Niv
Drew Niv
68 Ratings

Review Highlights

Pros
  • You'll learn a lot and the opportunity for exposure and hands on experience exceeds those top positions at big banks (in 7 reviews)

  • Good place to start, you can gain valuable experience (in 7 reviews)


Cons
  • High turnover, poor handling of bad staffing choices (in 6 reviews)

  • The company is corrupt, especially on the upper management level; lacks ethics and integrity; (in 6 reviews)

More Highlights

15 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FXCM full-time

    Pros

    The company is a Market leader in it's industry. There is lots of room for learning and growth within the company. Management is very approachable and cares about their employees.

    Cons

    Salaries are fair, not tops around. But for most the other benefits and good salary, outweigh any financial gains available elsewhere.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Wonderful Internship Opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Intelligence Intern  in  Plano, TX
    Current Employee - Business Intelligence Intern in Plano, TX

    I have been working at FXCM as an intern for less than a year

    Pros

    1) very professional and supportive working environment
    2) gave a lot of opportunities for interns to practice
    3) The training is very strict but valuable

    Cons

    need to be a quick learner to get familiar to the forex market

    Advice to ManagementAdvice

    My supervisor is very supportive and patient. And she always provides great suggestions on my project

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    DailyFX Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - DailyFX Intern  in  New York, NY
    Former Employee - DailyFX Intern in New York, NY

    I worked at FXCM as an intern for more than a year

    Pros

    You'll learn a lot and the opportunity for exposure and hands on experience exceeds those top positions at big banks. You'll work with excellent analysts/strategists and learn all the while. The position is what you make out of it and if you love markets and are willing to learn, this is for you.

    Cons

    Poor management, vision, direction, execution. Not only limited to DailyFX, but also other departments. Seems CEO only want to be surrounded by yes men, but this comes at the cost of (1) progress (2) team moral and (3) turnover rates. CEO should hire good leaders instead who actually have a vision and will lead a team rather than be micromanaged.

    Recommends
    Neutral Outlook
    Disapproves of CEO
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  5. 3 people found this helpful  

    Great place to gain valuable international experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FXCM full-time for more than 3 years

    Pros

    The entrepreneurial atmosphere at FXCM is great for junior employees looking for an organization that truly values meaningful contributions to the company and rewards them with more exciting and challenging responsibilities. There are virtually no limits to what bright, driven, dedicated individuals can do at FXCM because new opportunities are consistently given to those who offer innovative solutions to challenges that the company faces. This includes, and almost certainly will involve, international opportunities. The partners are also very involved in what happens at the company on many levels - so direct interaction with the most senior management is not uncommon. For those interested in the challenge, FXCM is a great place to work.

    Cons

    High turnover and lack of stability. Because the company is so entrepreneurial, things are constantly changing. While this can be exciting it at times, it also leads to frustrations and disappointments.

    Advice to ManagementAdvice

    Constant changes and surprises may be good for the bottom line, but it's eating away at the human resources that make these goals come to fruition. Effective project planning, better training, and compensation that's more in line with comparable roles in the industry are all important for recruiting talent and keeping resources from flocking away.

    Recommends
    Approves of CEO
  6. 1 person found this helpful  

    Great Summer Internship

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FXCM

    Pros

    Learned how to use a Bloomberg Terminal and work with a great team of market analysts

    Cons

    None that I can think of

  7. 2 people found this helpful  

    FX Broker Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - FX Broker Intern  in  Dallas, TX
    Current Employee - FX Broker Intern in Dallas, TX

    I have been working at FXCM as an intern for less than a year

    Pros

    It was a great interview. An individual from HR went ahead and asked standard fit questions and then handed a document reading today's market news and your told to read it. Afterwards, the hiring manager came in and asked questions scanning over your resume and then asks basic market questions. Just brush up on the economy particularly the FX market and as long as you can articulate well, you'll be fine.

    The job was great and gives a strong foundation in market analysis. You also get very good on the phone. The other works are great and enjoy spending time together outside of work. We went to a Rangers Baseball game once which was alot of fun.

    Cons

    Sometimes, management may get too busy, and you may be stuck by yourself, but everyone was very accommodating and willing to help.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Excellent company to start a career with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Service Representative  in  Plano, TX
    Current Employee - Financial Service Representative in Plano, TX

    I have been working at FXCM

    Pros

    - Great learning opportunities
    - Good place to develop several skills
    - Development opportunities
    - Good leadership
    - Excellent environment to learn more about the financial markets

    Cons

    - Management pushes you to perform at your best, which can be stressful at times. But, can be rewarding when you do well.

    Advice to ManagementAdvice

    - Communicate the company vision more frequently
    - Other than that, keep it up, you are doing a good job

    Recommends
    Approves of CEO
  9. 2 people found this helpful  

    Client Service Representative @ FXCM

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Client Service Representative  in  New York, NY
    Current Employee - Client Service Representative in New York, NY

    I have been working at FXCM

    Pros

    They teach you so much about the markets. I have been here not that long and I feel I learned more than most people know. By knowing the FX market you gain knowledge in most aspects.

    Cons

    The pay isn't as good as I'd like it to be.

    Advice to ManagementAdvice

    None.

    Recommends
  10. 1 person found this helpful  

    Big fish in a small pond

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Managing Director  in  New York, NY
    Current Employee - Managing Director in New York, NY

    I have been working at FXCM

    Pros

    The company values competent and self-driven employees looking for career growth. It is a fast-growing medium-sized firm with plenty of opportunities to grow. I have seen many talented individuals move up the ranks quickly and they strive to make the company a great place to work in. High level projects are often given to people who deserve the opportunity. Global offices also give some employees the opportunity to travel overseas. Management has open door policy.

    Cons

    If an employee lacks loyalty, the company tends to reciprocate. The salary and compensation has room for improvement, although the overall benefits package is quite good. Certain processes are still informal.

    Advice to ManagementAdvice

    Continue to keep an open mind and ask for feedback from staff members.

    Recommends
  11.  

    brilliant and great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FXCM

    Pros

    great work life balance and great compensation

    Cons

    none so far and excellent company all round

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