CMC Markets Reviews

Updated February 4, 2015
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2.4
24 Reviews
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CMC Markets Executive Chairman Peter Cruddas
Peter Cruddas
6 Ratings

Employee Reviews

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  1. When times are good it's great, when they're bad it's horrid.

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

    I have been working at CMC Markets full-time

    Pros

    Free cereal, entertaining office politics, mostly nice people, going through a good time at the moment - long may it continue.

    Even if you don't get a bonus during your time there, you'll probably get redundancy or an exit package.

    Work life balance depends on which department you are in, if revenue generating then staffing within your team will be sufficient so you can leave around 5pm.

    There have been some cracking expensive parties of late. Yeehah!

    Cons

    When the good times end, then beginneth the blood bath. Long history of rapid expansion and excess followed by severe culls. Hire and fire culture. If you're offered a glass office don't accept the poisoned chalice - senior management tend to just disappear one day, never to be seen in the CMC building again.

    Some of the management team have been promoted by default because their boss got the chop in the last wave of culls. They know their necks are on the chopping block next leading to a culture of fear. Unfortunately some of them resort to passive aggressive/bullying behaviour as many earlier reviews testify.

    During the interview process you would be wise to enquire as to why your predecessor(s) and previous team members left. I witnessed talented and hard working people being ground down by certain managers infamous for their deceptively charming facade and penchant for Teflon.

    As in any organisation, the majority of people are decent human beings but there are a few rotters to be avoided.

    Back office functions are understaffed so expect to be working of an evening.

    No working from home so you'll need to take annual leave to wait in for deliveries and repairs/services.

    Advice to ManagementAdvice

    Look after your staff and train managers in effective leadership methods.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2. Fun1

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Broker in London, England (UK)
    Former Employee - Broker in London, England (UK)

    I worked at CMC Markets

    Pros

    Nice place to work good offices decent hours

    Cons

    Nothing amazing company. Great money making opportunities.

    Advice to ManagementAdvice

    Not much keep up the good work

    Recommends
    Positive Outlook
    Approves of CEO
  3. never join them

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CMC Markets

    Pros

    learning new technologies and end to end information.

    Cons

    Leadership/Management is way below standard.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5. Bad management decision but great to learn new technoligies

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Singapore (Singapore)
    Current Employee - Anonymous Employee in Singapore (Singapore)

    I have been working at CMC Markets

    Pros

    Started making profits so good bonus for a good performer. work life balance.

    Cons

    Bad management, no focus, no strategy.

    Advice to ManagementAdvice

    Value employee values and hire some talented people to run the company. There are a lot of jokers. This company a has a lot of potential.

    Recommends
    Positive Outlook
    Approves of CEO
  6. Good salary but it has not to do with Investment Banking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Management Executive in Hamburg (Germany)
    Former Employee - Account Management Executive in Hamburg (Germany)

    I worked at CMC Markets full-time (more than a year)

    Pros

    good salary
    nice location
    casual environment

    Cons

    short term contracts
    a lot of times changing manager

    Advice to ManagementAdvice

    no

    Doesn't Recommend
    Negative Outlook
  7. 1 person found this helpful

    Great work-life balance where innovation is encouraged

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at CMC Markets full-time (less than a year)

    Pros

    * Company is now doing very well vs competitors - gives a buzz that it's going somewhere
    * Great work/life balance
    * Management gives autonomy to individuals below them and allows fostering of innovation
    * Nature of CEO-owned business removes bureaucracy - fewer management layers
    * Smart, friendly people who are hands-on with their work and know the industry well

    Cons

    * Some mid-management people relatively reluctant to implement change
    * Relatively small company - a lot of your friends won't know much about it
    * No working at home during working hours (not an issue for me but may be for some)

    Advice to ManagementAdvice

    * Promote, retain and train the best people
    * Keep the pace on responding to change

    Recommends
    Positive Outlook
    Approves of CEO
  8. Avoid like the plague

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Legal Counsel in London, England (UK)
    Current Employee - Senior Legal Counsel in London, England (UK)

    I have been working at CMC Markets full-time (more than a year)

    Pros

    nothing that I can report on here

    Cons

    No career progression, arrogant management, racism and sexism. Long hours. Products do not work. There is a culture of fear in the office. Working here is not a good idea

    Advice to ManagementAdvice

    Replace yourselves and maybe you have a chance

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. Clueless management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at CMC Markets full-time (more than 5 years)

    Pros

    Good location of the office close to a lot of things handy at lunchtime

    Cons

    Pay, atmosphere, HR, sexism. Lack of career progression.

    Advice to ManagementAdvice

    Try and treat employees like humans. Note to HR you are not better than everyone else.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 1 person found this helpful

    Shameful company- do not waste your time with this employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in London, England (UK)
    Former Employee - Business Analyst in London, England (UK)

    I worked at CMC Markets full-time (more than 3 years)

    Pros

    Free breakfast
    Nice work colleagues. The only thing that made my years there worth-while
    Good work-life balance

    Cons

    Management is arrogant and handpicked
    Bullying is a common practice, HR is NOT on your side
    This company cannot get its strategy right, they change direction every year (and with it come the redundancies)

    Advice to ManagementAdvice

    Treat your staff as they deserve
    Pick a strategy and stick to it

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful

    Schizophrenic

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

    I worked at CMC Markets (more than 5 years)

    Pros

    nice offices
    good spirit amongst individual teams

    Cons

    no business strategy
    schizophrenic management
    cultural of bullying and brushing it under the carpet
    promise of high rewards (bonuses) delivery of none

    Advice to ManagementAdvice

    run the business properly and hire people in key functions who know what they are doing

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