FXCM

  www.fxcm.com
  www.fxcm.com

FXCM Reviews

Updated December 10, 2014
Updated December 10, 2014
130 Reviews
3.1
130 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
FXCM CEO and Director Drew Niv
Drew Niv
72 Ratings

Review Highlights

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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 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

  2.  

    Great Company

    • 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

    The company is a Market leader in it's industry. There is lots of room for learning and growth within the company. Management is very approachable and cares about their employees.

    Cons

    Salaries are fair, not tops around. But for most the other benefits and good salary, outweigh any financial gains available elsewhere.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Wonderful Internship Opportunity

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

    I have been working at FXCM as an intern (less than an 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
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  5.  

    brilliant and great place to work

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

    I worked at FXCM

    Pros

    great work life balance and great compensation

    Cons

    none so far and excellent company all round

  6. 3 people found this helpful  

    DailyFX Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - DailyFX Intern in New York, NY
    Former Employee - DailyFX Intern in New York, NY

    I worked at FXCM as an intern (more than an year)

    Pros

    You'll learn a lot and the opportunity for exposure and hands on experience exceeds those top positions at big banks. You'll work with excellent analysts/strategists and learn all the while. The position is what you make out of it and if you love markets and are willing to learn, this is for you.

    Cons

    Poor management, vision, direction, execution. Not only limited to DailyFX, but also other departments. Seems CEO only want to be surrounded by yes men, but this comes at the cost of (1) progress (2) team moral and (3) turnover rates. CEO should hire good leaders instead who actually have a vision and will lead a team rather than be micromanaged.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  7. 3 people found this helpful  

    Great place to gain valuable international experience.

    • 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

    The entrepreneurial atmosphere at FXCM is great for junior employees looking for an organization that truly values meaningful contributions to the company and rewards them with more exciting and challenging responsibilities. There are virtually no limits to what bright, driven, dedicated individuals can do at FXCM because new opportunities are consistently given to those who offer innovative solutions to challenges that the company faces. This includes, and almost certainly will involve, international opportunities. The partners are also very involved in what happens at the company on many levels - so direct interaction with the most senior management is not uncommon. For those interested in the challenge, FXCM is a great place to work.

    Cons

    High turnover and lack of stability. Because the company is so entrepreneurial, things are constantly changing. While this can be exciting it at times, it also leads to frustrations and disappointments.

    Advice to ManagementAdvice

    Constant changes and surprises may be good for the bottom line, but it's eating away at the human resources that make these goals come to fruition. Effective project planning, better training, and compensation that's more in line with comparable roles in the industry are all important for recruiting talent and keeping resources from flocking away.

    Recommends
    Approves of CEO
  8. 1 person found this helpful  

    FSR

    • 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 (less than an year)

    Pros

    Good training program, friendly coworkers, and management has an open-door policy. Management understands that there can be a steep learning at first.

    Cons

    The micromanagement. Management wants to know everything that you are doing, all of the time. While this can be a good thing, I will like to have a little less supervision at time.

    Advice to ManagementAdvice

    None.

    Recommends
    Positive Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Great Summer Internship

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FXCM

    Pros

    Learned how to use a Bloomberg Terminal and work with a great team of market analysts

    Cons

    None that I can think of

  10. 1 person found this helpful  

    Excellent career opportunity

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

    I have been working at FXCM full-time (more than 5 years)

    Pros

    -ability to move up quickly based on hard work and performance
    -flat organizational structure
    -fast paced and exciting day to day
    -great to be a part of FX industry leader- gives a front line view to the rapidly developing and changing industry

    Cons

    -can be stressful / demanding at time

    Advice to ManagementAdvice

    provide more information to tls and front line staff -increase transparency regarding strategic initiatives

    Recommends
    Positive Outlook
    Approves of CEO
  11. 2 people found this helpful  

    FX Broker Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - FX Broker Intern in Dallas, TX
    Current Employee - FX Broker Intern in Dallas, TX

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

    Pros

    It was a great interview. An individual from HR went ahead and asked standard fit questions and then handed a document reading today's market news and your told to read it. Afterwards, the hiring manager came in and asked questions scanning over your resume and then asks basic market questions. Just brush up on the economy particularly the FX market and as long as you can articulate well, you'll be fine.

    The job was great and gives a strong foundation in market analysis. You also get very good on the phone. The other works are great and enjoy spending time together outside of work. We went to a Rangers Baseball game once which was alot of fun.

    Cons

    Sometimes, management may get too busy, and you may be stuck by yourself, but everyone was very accommodating and willing to help.

    Recommends
    Positive Outlook
    Approves of CEO

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