FXCM Reviews

Updated March 25, 2015
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3.2
138 Reviews
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FXCM CEO and Director Drew Niv
Drew Niv
77 Ratings

Pros
  • good place to start if you are new to the industry and market (in 9 reviews)

  • You'll learn a lot and the opportunity for exposure and hands on experience exceeds those top positions at big banks (in 7 reviews)

Cons
  • The company is corrupt, especially on the upper management level; lacks ethics and integrity; (in 8 reviews)

  • High turnover, poor handling of bad staffing choices (in 7 reviews)

More Pros and Cons

Employee Reviews

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  1. Featured Review

    Wonderful Internship Opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Business Intelligence Intern in Plano, TX
    Current Intern - Business Intelligence Intern in Plano, TX

    I have been working at FXCM as an intern (less than a year)

    Pros

    1) very professional and supportive working environment
    2) gave a lot of opportunities for interns to practice
    3) The training is very strict but valuable

    Cons

    need to be a quick learner to get familiar to the forex market

    Advice to ManagementAdvice

    My supervisor is very supportive and patient. And she always provides great suggestions on my project

    Recommends
    Positive Outlook
    Approves of CEO
  2. great company

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

    I have been working at FXCM

    Pros

    it is a great company

    Cons

    constantly growing company, must work hard to get your self notice

    Recommends
    Positive Outlook
    Approves of CEO
  3. A great starter job.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FXCM

    Pros

    The environment is relaxed, but the employees are still driven. The benefits are very good, especially compared to other companies' benefit plans.

    Cons

    The company is full of relatives of management or their friends. There are very few opportunities for growth. Salary is below average.

    Advice to ManagementAdvice

    Don't give certain employees what they want just because you want to make them happy; other employees have to deal with the aftermath.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Once Great Company Working Hard to Fail

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

    I worked at FXCM

    Pros

    Get to learn a lot about the Forex Market
    Opportunity to learn about different departments and gain new skills

    Cons

    Company no longer cares about their employees
    Promotions/Bonus structure is highly biased and subjective
    Management hasn't learned to "manage" and don't take responsibility for their short-comings

    Advice to ManagementAdvice

    Purge management and start over. Things can't get better if you don't fix the root of the problem.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. Accounting clerk

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

    I worked at FXCM

    Pros

    Good company, ceo is usually at the office and very friendly. Nice work environment

    Cons

    Underpaid- pretty much the only con I can think of.

    Recommends
    Neutral Outlook
    Approves of CEO
  7. Learned a lot

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

    I worked at FXCM

    Pros

    Publicly traded - Global operation - opportunity to advance

    Cons

    beuarucratic - Slow execution - slow operation - Mid level Management needs help

    Advice to ManagementAdvice

    Focus on the core business and not just what you thought worked in the past

    Approves of CEO
  8. 3 people found this helpful

    High stress

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

    I have been working at FXCM full-time (more than a year)

    Pros

    Good entry level pay bc of bonuses. 45k + $700-2k a quarter if you meet your goals.

    Cons

    Micro managed. Extremely stressful and little breaks to take a breather. Expect to not stop talking to clients for 8 hours straight.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. Good working environment, excellent office and view

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Public Relations Associate in New York, NY
    Current Employee - Public Relations Associate in New York, NY

    I have been working at FXCM

    Pros

    Flexibility, trust, smart colleagues, sport activities after work

    Cons

    Low Salaries, slow mobility to advance to higher positions

    Advice to ManagementAdvice

    More professional development and better salaries based on people's experience and education

    Recommends
    Neutral Outlook
    Approves of CEO
  10. Great Company To Start At

    • 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

    Pros

    Exposed to various facets of the business if showing a true interest. A great starting point to learn about the FX trading world if no previous experience.

    Cons

    Overnight hours are (were) mandatory for sales reps depending upon location

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful

    N/A

    • 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

    Pros

    There is room for growth

    Cons

    the pay is non nego

    Advice to ManagementAdvice

    Be yourself and be efficient

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