FXCM

  www.fxcm.com
  www.fxcm.com
There are newer employer reviews for FXCM

1 person found this helpful  

Good place to start but no long term stability

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

I have been working at FXCM full-time

Pros

-Good place to start, you can gain valuable experience
-Starting pay is competitive

Cons

-low raises
-bonuses have shrunk since they went public
-high turnover
-everyone is dispensable

Advice to ManagementAdvice

Take value in your current workforce, 50% of your entire staff has changed in the last 6 months which has hurt your customer service and overall company atmosphere.

Recommends
Negative Outlook
No opinion of CEO

130 Other Employee Reviews for FXCM (View Most Recent)

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  1. 1 person found this helpful  

    Operations

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

    I have been working at FXCM full-time

    Pros

    Pay and benefits are decent and the culture is ok. Great place to start in the Financial Industry. Good exposure to markets, investing and financial operations.

    Cons

    - Lack of upward growth: management promotions do not seem to be based on merit, but more on favoritism.
    - Company has become more bottom line centric from it's former employee centered culture. Necessary evil of going public.
    - Management consists of young professionals for whom this may be their first role as a manager.

    Advice to ManagementAdvice

    - Provide more long-term incentives for your employees, such as 401k matching or profit-sharing.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 4 people found this helpful  

    Stay too long and it will eat your soul

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

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

    Pros

    Good experience initially
    Decent name on CV
    Predominantly friendly staff
    Comfortable working environment

    Cons

    Poor management - especially staff management
    Lack of moral amongst staff
    Pay is not great for most yet managers seem to get good pay
    Difficult to progress unless you are a salesman (they love sales people)
    No benefits whatsoever
    Lack of staff engagement - you don't feel part of the future
    Manager quote, "everyone is expendable"
    Very little formal training - significant knowledge gaps that you are expected to know without ever being trained

    Advice to ManagementAdvice

    Learn to value your staff and not promote the guys that appeal that day. Many great staff have left because of senior tunnel vision. No wonder the company is performing badly.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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