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41 Employee Reviews (View Most Recent)

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7 people found this helpful  

Everyone against everyone. Highly political. No life

Software Engineer (Former Employee) Greenwich, CT

ProsFree lunch and free health insurance (you will regret it later)

ConsThe governing style is absolute tyranny.

Crazy night/weekend hours, frequent wake-up calls. Your pay will likely not reflect that. Developers are production management team by themselves.

Everyone is anti-social. You will never discuss your weekend or kids/family with any of your co-workers. Even an elevator conversation arriving at / departing from work (I am officially off at that time, right?) is all about what projects you or I are working on.

Did I just say "kids"? Forget you have kids (or are ever going to have them), and never mention it, or else... (see below)

When looking for candidates, top managers always ask their junior managers (who bring candidates to them), if a candidate has any kids. This is outright illegal to ask a candidate of, so I am not sure how they get this information. A typical answer is "well, he/she does, but the youngest one is almost 15 and will soon head out for college." (what?)

The process of assigning blame (or getting your things ready in case stuff happens) is very important, and takes about 30% of your work time. Any minor system malfunction looks like a public execution of whoever was found "guilty", and everyone is made aware of that.

Managers afraid to make any design decisions, and the most specific request I have ever heard was "build us a system that will work for us". In the end if it doesn't "work as our users were envisioning it in their head" it is all your fault.

You will have to pretend your boss (and his/her boss and so on) is the smartest guy on Earth, and you 100% agree with what they say on every account. You cannot possibly have an opinion, and you should feel lucky at any time of day (or night; you do work nights) that you are here.

Unprofessionalism, Disrespect, and Hate are the top human qualities here. You will spend most time fighting your peers. Everyone thinks highly of themselves, and hates everyone who is new to the company.

People come and go. Some positions are advertised on-going for years because people don't stay for long.

Many people who currently work here will be lying about how "great" this place is. They think If they tell you the truth, people will avoid them just because of the strange things they are talking about all the time. This is a typical victim mentality, so I don't blame them for lying. When I spoke to a recruiter, I was surprised with how many people are looking to escape from this place.

There are many more things that you should know before you start here, but I want to get back to my Saturday morning, and move on with my life, as reviving these images in my head from a few years ago takes quite a bit of energy and grief. I hope I have given people enough warning to make them stop and think before you make a decision that will affect your life for the next few years.

P.S. I have learned a lot. People who work with me right now (at another company) admire my survival skills, and they say I will survive anywhere. Yes, this is a good skill to have, but I wish it hasn't come at such a price.

I work at another firm in Finance now, and I am happy with my life, work, and my colleagues. Interactive Brokers is the biggest nightmare of my life.

Advice to Senior ManagementInvest in your people (no one would listen, but I had to put some text in this box for completeness)

No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO


    the best brokers i ever worked with

    Market Trader (Current Employee) New York, NY

    I have been working at Interactive Brokers part-time for more than a year

    Pros: Very good working environment and career opportunity Cons: too many strick rules this company should be more flexible Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    6 people found this helpful  

    Mixed feelings

    Programmer (Former Employee) Greenwich, CT

    I worked at Interactive Brokers full-time for more than a year

    Pros: - SOME employees are very smart, very good at what they do. - Agree with other commenter that business is run in an… Cons: - Current incentive structure (no incentivization of employees) guarantees that the smartest and most motivated will leave. This is why HFTs ate their lunch. -… Advice to Senior Management: Get a life? TP runs this as a hobby, and I can't imagine a more boring… 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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