FXCM Reviews

Updated July 19, 2015
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3.0
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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 do learn a lot about trading Forex (in 7 reviews)

Cons
  • These few people who joined the company a while back have held the spot and control the information going to upper management to keep it that way (in 8 reviews)

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

More Pros and Cons

141 Employee Reviews

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  1. Helpful (1)

    Big fish in a small pond

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Director in New York, NY
    Current Employee - Managing Director in New York, NY

    I have been working at FXCM

    Recommends
    Recommends

    Pros

    The company values competent and self-driven employees looking for career growth. It is a fast-growing medium-sized firm with plenty of opportunities to grow. I have seen many talented individuals move up the ranks quickly and they strive to make the company a great place to work in. High level projects are often given to people who deserve the opportunity. Global offices also give some employees the opportunity to travel overseas. Management has open door policy.

    Cons

    If an employee lacks loyalty, the company tends to reciprocate. The salary and compensation has room for improvement, although the overall benefits package is quite good. Certain processes are still informal.

    Advice to Management

    Continue to keep an open mind and ask for feedback from staff members.


  2. Helpful (2)

    Client Service Representative @ FXCM

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Service Representative in New York, NY
    Current Employee - Client Service Representative in New York, NY

    I have been working at FXCM

    Recommends
    Recommends

    Pros

    They teach you so much about the markets. I have been here not that long and I feel I learned more than most people know. By knowing the FX market you gain knowledge in most aspects.

    Cons

    The pay isn't as good as I'd like it to be.

    Advice to Management

    None.


  3. Helpful (2)

    Excellent company to start a career with

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Service Representative in Plano, TX
    Current Employee - Financial Service Representative in Plano, TX

    I have been working at FXCM

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    - Great learning opportunities - Good place to develop several skills - Development opportunities - Good leadership - Excellent environment to learn more about the financial markets

    Cons

    - Management pushes you to perform at your best, which can be stressful at times. But, can be rewarding when you do well.

    Advice to Management

    - Communicate the company vision more frequently - Other than that, keep it up, you are doing a good job


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  5. Helpful (1)

    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


  6. Helpful (3)

    Great place to gain valuable international experience.

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

    I worked at FXCM full-time (More than 3 years)

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    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 Management

    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.


  7. Great Company

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

    I have been working at FXCM full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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.


  8. Helpful (1)

    N/A

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

    Be yourself and be efficient


  9. great company

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

    I have been working at FXCM

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    it is a great company

    Cons

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


  10. Helpful (3)

    Compliance Associate

    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FXCM

    Pros

    Interesting, challenging work, great team

    Cons

    high volatility, regulations constantly changing


  11. Helpful (1)

    GREAT JOB

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Forex Specialist
    Current Employee - Forex Specialist

    I have been working at FXCM

    Recommends
    Recommends

    Pros

    if you are looking to learn this is the place to go you are expected to learn and know every product this company offers

    Cons

    if you are uneasy working for a fast paced company this isn't the place for you

    Advice to Management

    they have been great



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