FXCM

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

7 people found this helpful  

An extremely Dysfunctional and Disillusioned organization.

  • 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

Pros

There are no positives about working for this company. At one time they had an HR team that would try to help employees but since they fired the entire team and hired a replica of themselves, there is no reason to take a job with this company other than padding for your resume.

Cons

-Nepotism runs rampant in this company i.e. family members report to each other.
-Promotions are based upon how much kissing up you choose to do.
-Management team is inexperienced with no business skills other than what they learned from the partners. In other words...the blind leading the blind.
-Management is through intimidation and threats of termination.
-Ownership refuses to see that there are internal problems that start with the partners.
-Management is out of touch with compensation (salary, bonus, benefits) in the industry. Starting salary for certain positions hasn't changed in years.
-They want the "cream of the crop" but pay "bottom of the barrel" wages.

Advice to ManagementAdvice

The board members should remove the partners/senior management and replace them with competent and experienced professionals to lead the company so it can become successful.

Help develop employees who actually have true management qualities and get rid of your "yes" men. Pay attention to the comments posted on Glassdoor and other sites that critique the company and try to address some of the points raised by your employees. You have overly inflated egos and don't want to believe there are problems with your company. If so many people are saying the same thing, everyone can't be wrong. Accept that your company is severely flawed and you need to take some measures to correct them.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

FXCM Response

Mar 7, 2013Human Resources

Thank you for taking the time to provide feedback on your experience working at FXCM. We greatly value the opportunity to utilize this information constructively so that we may capitalize on the ... More

135 Other Employee Reviews for FXCM (View Most Recent)

Sort: Rating Date
  1. 4 people found this helpful  

    Not a company you would want to work for ....you will be looking for a new job with in the year

    • 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 (more than 3 years)

    Pros

    good place to learn basic currency trading
    launch pad to better and more advanced FX companies

    Cons

    The company is corrupt-- if you do your proper research you will discover it for yourself
    There is no company goals or team work basically its like a sweat shop " come to work do your job then go home"
    management is very untrustworthy and will yell at you for taking 31 minutes in your 30 minute lunch
    most employees are very unhappy there except if you are apart of the click or in crowd
    pay is very low, no 401k matching and long hours

    Advice to ManagementAdvice

    value your employees you cant possibly think you can be a admired company by treating your employees like you do

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    FXCM Response

    Mar 7, 2013Human Resources

    Thank you for taking the time to provide feedback on your experience working at FXCM. We greatly value the opportunity to utilize this information constructively so that we may capitalize on the ... More

  2. 2 people found this helpful  

    Keep Jobs in America

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

    I worked at FXCM full-time (less than a year)

    Pros

    Variety of hours available. Met some life long friends there.

    Cons

    Low pay, management team is inexperienced, laid off to send my job over seas, micro-managers, people are treated as numbers not humans.

    Advice to ManagementAdvice

    Higher positions should work their way up not just get a position bc of seniority. Many of upper management didn't know how to do the job they were supervising for. Don't micro-manage, trust the people that have been hired.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for FXCM

Work at FXCM? Share Your Experiences

FXCM

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.