FXCM

  www.fxcm.com
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116 Employee Reviews (View Most Recent)

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  • Culture & Values
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  • Approves of CEO

2 people found this helpful  

Long time employee

(Current Employee) New York, NY

Pros1. The people around you are very intelligent. It is a pleasure working with a group of evry intelligent and capable people. Some managers are truly amazing.
2. You learn the ins and outs of the FX industry.
3. This job is a spring board to other jobs in the industry and within finance.
4. Young people are promotoed often and you have the ability to learn a lot about management.
5. If you have been at the company for a long time, no doubt your position may have changed 3-4 times so you have the opportunity to try out multiple roles.
6. If you have been at the company for a while, you may have had the opportunity to work out of a different office/country/relocation option.
7. Truly open door - you are free to speak to anyone - including the CEO.

Cons1. As the company has grown, the close knot environment has vanished. Many people feel that they are just a number and the company may not always be loyal to them.
2. Because many managers are very young - a few years out of college - their ability to manage is sometimes poor. Oftentimes you have very nitpicky goals that do not represent your work and your value to the firm.
3. Salaries are not competitive within the financial industry.
4. Things change very quickly - which can be a pro at times - but for the junior employee it can be very frustrating because benchmarks/requirements/standards are constantly changing. You are often told one thing but then judged on something completely different.
5. Culture top down is to manage via negative reinforcement. They don't do this on purpose but because they are so ambitious and set such challenging goals, they are reticent to ever give positive feedback. It's always about what you can do better . WHile this works for some - this is not very encouraging for many employees.

Advice to Senior ManagementFocus on your talent. Employees are the most important thing about a company.
Hire outside management that have experience
Standardize development/training procedure across the company.
Maintanance is just as important as launches of new ideas/products

Yes, I would recommend this company to a friend

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

    2 people found this helpful  

    Vice President

    Vice President (Former Employee) New York, NY

    I worked at FXCM full-time for more than 5 years


    Pros: FXCM is a great spring board for your next career. Hard-working people are… Cons: Employee churn is many departments is quite high. Because insiders are promoted to management and senior rolls, little outside talent… Advice to Senior Management: The industry is rapidly changing, but the business goals and directions seem to change far… Yes, I would recommend this company to a friend More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Horrible, Do not work here if you have any self value

    Compliance (Current Employee) New York, NY

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


    Pros: It is a good place to get entry level experience however be careful as it does not have… Cons: Salary and working conditions are sub par. You are not treated well and… Advice to Senior Management: Learn how to manage talent and work on promoting a… No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More
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