OANDA

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OANDA Reviews

Updated May 31, 2014

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All Employees Current Employees Only

2.5 21 reviews

0% Approve of the CEO

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Edmond Eger III

(2 ratings)

33% of employees recommend this company to a friend
12 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Continuous Learning and Opportunities

    Manager (Current Employee)

    ProsOpportunities available, Employee welfare, Continuous learning, Good Exposure and Experience

    ConsHead office is in Toronto, 12 hours time difference

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Disrespect the people who works there. Senior management sucks!

    Anonymous Employee (Current Employee)

    ProsCasual culture. People who works there is very smart and cool.

    ConsUnable senior management. .
    Unable communication between management level and their staff.
    .

    Advice to Senior ManagementStop wasting time on politic and fight for your personal benefits but really do set down and listen what your staff is thinking.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    Extremely disorganized

    Anonymous Employee (Current Employee) Toronto, ON (Canada)

    ProsIt was great under Michael Stumm. Flat structure and work used to get done quickly and efficiently. Free lunch once a week.

    ConsWe have a new CEO and he's ok so far. K Duker is still hanging around after the transition period and no one knows what he is doing even though he dishes out work and chimes in once in a while on emails. Also not sure what the interim CFO is up to as he is getting most of his buddies involved with the company. A lot of the employees are disengaged and there are no clear steps that will be taken to achieve the unrealistic task of doubling revenue this year.

    Advice to Senior ManagementIt is great to set high goals but please let the employees know how these goals will be achieved. At this point, an IPO is nothing but wishful thinking.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    5 people found this helpful  

    i will tell you what is actually happening here

    (Current Employee) Toronto, ON (Canada)

    Prosrock-solid technical infrastructure, well-oiled money making machine 24/7, the money machine is so well tuned that it's almost impossible to break it

    Consnew incompetent senior management team, i.e. K Duker and the suckups, who don't actually know anything about the business. glad they are finally being fired by the board. hopefully the new CEO can patch the wounds. yet to be seen.

    Advice to Senior ManagementIt took 10+ years of financial research and hard core software development to get the machinery to be where it is now. Even the incredibly incompetent K Duker was unable to destroy it. But he did manage to drive away, with his relentless BS, a lot of core employees who made the place what it is today.

    So, new CEO, don't pretend to know what you don't know like K did, and listen to your employees, because some of them know way more about FX marketmaking business than you do.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Interesting Business Model; Technology-Driven Company

    Anonymous Employee (Current Employee) Toronto, ON (Canada)

    ProsCollaborative work environment. Tremendous reputation in the industry. Lots of really gifted people, especially developers. Freedom to work in your own style. No silly rules about dress code or face time.

    ConsThere have been major changes in senior management since I left so this may not still be true, but there was a lack of transparency, communication and process that could make it a frustrating place to work. They tend to be stingy and inconsistent with compensation. Half the company is developers so the whole place is very engineering-focused. It can feel like the tail wagging the dog sometimes.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Software Developer

    Software Developer (Current Employee) Toronto, ON (Canada)

    ProsGreat place to work.. People are treated well

    ConsYou need to be proactive.

    Advice to Senior ManagementNeed to introduce more structure

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Operations Specialist

    Operations Specialist (Current Employee) Toronto, ON (Canada)

    ProsGenerally smart people. Good team structures - small and focused but not myopic. Generally good inter-team cooperation.

    ConsNot well-managed. Senior management appeared to be unable to formulate and execute clear plans to deal with the challenges the company faced.

    Advice to Senior ManagementAbandon silos. Cross-discipline cooperation is crucial, and the more people are fighting internally the less they're fighting the world outside.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    2 people found this helpful  

    FX Specialist

    Anonymous Employee (Current Employee)

    ProsVery flexible working environment
    Family oriented culture
    Great place to learn

    ConsLow bonuses, no commissions, Difficult for career advancement

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    3 people found this helpful  

    Fun and rewarding place to work

    Software Developer (Current Employee) Toronto, ON (Canada)

    ProsThe developers there are smart, relaxed and fun to work with. It is an enjoyable work environment with a lot of interesting projects going on.

    ConsThe management is reorganizing and the work environment is shifting. Things seem to be going downhill a bit but they may stabilize

    Advice to Senior ManagementPlease keep in mind that developers work best in relaxed environments where they can enjoy what they do, feel rewarded by their hard work and don't have to worry about management too much.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    2 people found this helpful  

    Messy and extremely partial management

    Anonymous Employee (Current Employee)

    Prosflexibility and work life balance

    Consbroken promises
    partiality when comes to promotions and pay increases/bonuses
    lack of overall direction for company, changing direction ever so often
    unrealistic target and disillusionment of current standing in the market/ grandiose delusions
    nepotism

    Advice to Senior Managementstop saying we are world class and begin to set realistic targets

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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