Interactive Brokers Reviews

I worked at Interactive Brokers

Pros – decent salary and bonus. good perks (free lunch). solid benefits (health, dental, vision, 401K0. opportunity to learn.

Cons – there is minimal training. groups are understaffed, so there is a high work load for each employee and tends to lead to friction between employees.

Advice to Senior Management – continue to hire new employees to grow staff as many groups are understaffed

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

I worked at Interactive Brokers

Pros – relaxed atmosphere, helpful coworkers and good benefits. the staff is placed in an effective way, so everyone has to work hard

Cons – not sure about the location, the wait between interviews are so long. the initial test took about an hour to complete.

Advice to Senior Management – hire people with better education background; make sure the interview process is more structured. otherwise, like the interview style and the general manner.

I have been working at Interactive Brokers

Pros – financially hedged against market turbulence because the nature of market making and brokerage business.
Almost no politics. Everyone works hard. Manager is fair and straight in compensation.

Cons – Innovations from ground level employees are not encouraged. The only people that are eligible to do "thinking" are the few biggest shots at top management level.
No communications, no incentive for cooperations. Lots of redundant and subpar work.
Fetish with cost reduction and execution efficiency: penny-wise and dollar-foolish.
Zero attention to employee's career development. No job title, no visibility in the profession circle. They want you to forever work there, which means slow death if the word 'ambition' still sounds good to you.

Advice to Senior Management – Take a breath, put away petty meaningless product 'features', do some visionary thinking. Otherwise IB will be forever stuck with a 'low-cost' brainless muscle executor image. Well, not really 'forever', because labors in US is still lofty and competitors from around globe will catch up, just look at what happened to Timberhill's steady decline.

I have been working at Interactive Brokers

Pros – Almost zero politics
Job Stability
Senior Management is Ethical
A very competent CEO
The timings are generally ok
Decent year end bonuses

Cons – If you're committed to a stable job with very little growth prospects but decent pay and bonus, then this is the right place for you. For the more ambitious types and non-Eastern Europeans, look elsewhere.

Advice to Senior Management – The Company is a one man show. If the expectation is global growth and expansion then opportunities need to be extended to non E European employees as well.

I have been working at Interactive Brokers

Pros – Decent benefits except vacation days.
You don't have to worry about politics.
Senior management is very competent.
The Company is very efficiently managed and is almost a guaranteed net income generator. Therefore, the stability factor is a big plus plus.

Cons – Vacation days.
Little to no flexibility allowed.
Little to no growth potential for non-programming staff.
Very little (if any) cross communication.

Advice to Senior Management – I don't think the management needs any advice as far as the bottom line is concerned. The Company consistently generates good revenue and has a great handle on managing the major costs. As far as employee morale is concerned, not sure if this is considered important at all - so why bother advising?

No, I would not recommend this company to a friend