FXCM

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116 Employee Reviews (View Most Recent)

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4 people found this helpful  

Inevitable learning curve for the young management / firm, as result everybody below must suffer along

Anonymous Employee (Current Employee) New York, NY

Pros- if you are a good boy and can show competency, opportunities be opened to work across departments/roles of your interest

Cons- unable to speak your mind and have some kind of satisfactory of candit conversation before a young manager shoot u down for erratic behavior
- lower your expectations, there is already too many mouths to feed so don't expect a raise for increased responsibilities/expertise work, at least communication wise....i never get this!
- throws around title promotions like its out of style, result: lower credibility of that title
- micromanage practices: either a)management is not confident of the subordinate b)manager is arrogant and need to feel good about him self
- both is true: a)if you are not confident why is that subordinate working there for 4 years already and still asking the same question b) I know you think u are not getting paid fairly because this is the first job you've had out of college and you are at senior management already
- rather hires a stupid one than a smarter one to save on money i suppose, result: a chronic culture of feeling of injustice whereby standards always seem to come short, not just relative to perceived industry standards but specially within the departments and ranks
- not much of a culture, low morale, and you wonder why! we all like to think that everyone could just get along. but the truth is professionally there is little room for those who don't meet the standards. hey it is a business right
- so if you demand high standards and discipline, you will have hard time reconciling with yourself there
- compensation is not just compared to industry, but also prominently compared within the firm and ranks. you have those get paid too much, and those not enough based on the work they do

Advice to Senior ManagementLets look back at all the decisive changes made recently. Deliberate changes happen because the current form is not fitting, as you would agree. Your business model, no dealing desk, has not change that much overall. That leads to the presumtion that most changes made are for existing operating conditions. Lets keep working on those conditions.

FXCM Response

Mar 7, 2013HR Generalist

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

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

    6 people found this helpful  

    An extremely Dysfunctional and Disillusioned organization.

    Anonymous Employee (Former 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… 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… Advice to Senior Management: 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.… No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More

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

    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

    Anonymous Employee (Current Employee)

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

    Pros: good place to learn basic currency trading launch pad to… 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… Advice to Senior Management: value your employees you cant possibly think you can be… 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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