OANDA Reviews in Toronto, ON

Updated July 25, 2014
Updated July 25, 2014
24 Reviews

2.4
24 Reviews
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Edmond Eger III
5 Ratings

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  1. 1 person found this helpful  

    The Truth from a Marketing Employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing  in  Toronto, ON (Canada)
    Current Employee - Marketing in Toronto, ON (Canada)

    I have been working at OANDA full-time for more than 3 years

    Pros

    free lunch twice a week
    not much else

    Cons

    Have you ever worked in a place where your manager was COMPLETELY CLUELESS? Welcome to Oanda's marketing team. Don't let the LinkedIn profiles fool you either, there's no 'Director-level' skill here. The sad part here is that I'm not even trying to be mean. When your creative director pulls out a ruler to measure pixels, you've got a SERIOUS problem!

    Advice to ManagementAdvice

    Go find a new job, one where you actually can contribute instead of holding the team back with your astounding level of ignorance.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 2 people found this helpful  

    Extremely disorganized

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)

    I have been working at OANDA full-time

    Pros

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

    Cons

    We 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 ManagementAdvice

    It 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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 2 people found this helpful  

    A good company gone bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer  in  Toronto, ON (Canada)
    Former Employee - Software Engineer in Toronto, ON (Canada)

    I worked at OANDA full-time

    Pros

    Good environment and friendly people. If there is one team that I would recommend joining, it would be the mobile team. It's awesome participating in hackathons and other social events. Free lunches twice a week.

    Cons

    There are more managers, Directors and VPs on a project than actual developers who can do the work. I hear the company went from a very flat structure to another extreme. I also can't say people are passionate about their work. It seems many are there to do their day-to-day job without putting in any extra effort. Good luck dealing with HR, it's all about pleasing the agencies. I see lots of pain and transformation for this company if it has any chance of succeeding.

    Advice to ManagementAdvice

    The targets for the year are unreal and everyone knows that. Sr. Management has not explained how is it even possible to achieve them for two years in a row. Get some good recruiters and stop using agencies and contractors. There is no culture of transparency at all.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 5 people found this helpful  

    i will tell you what is actually happening here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)

    I have been working at OANDA full-time

    Pros

    rock-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

    Cons

    new 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 ManagementAdvice

    It 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.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    management is terrible , coo is xxx

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Head  in  Toronto, ON (Canada)
    Former Employee - Head in Toronto, ON (Canada)

    I worked at OANDA full-time for more than a year

    Pros

    good technology , not thing at all

    Cons

    very micro management from the ceo

    very unprofessional coo

    Doesn't Recommend
    Negative Outlook

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