Interactive Brokers

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Interactive Brokers Reviews

Updated Jul 16, 2014
Interactive Brokers – Mumbai – “Interactive Brokers India Office”

All Employees Current Employees Only

2.3 41 reviews

45% Approve of the CEO

Interactive Brokers Chairman, President, and CEO Thomas Peterffy

Thomas Peterffy

(29 ratings)

26% of employees recommend this company to a friend
41 Employee Reviews
Relevance Date Rating
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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    It's not at all a social place to work !

    Software Engineer (Current Employee) Greenwich, CT

    ProsGreat salary and benefits recession proof .

    ConsNo social life and team culture.

    No, I would not recommend this company to a friend

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

    4 people found this helpful  

    pretty secretive and communist attitude, stingy with salary

    Quantitative Analyst (Former Employee) Greenwich, CT

    ProsLearn to code ( it is a programing sweat shop) and
    Learn basics of finance and trading
    Get your foot in the door

    Conspoor compensation
    no freedom to be creative
    Very autocratic
    the place has a management crisis
    and a really secretive culture where they dont permit interactions

    No, I would not recommend this company to a friend

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

     

    Don't Do it

    Anonymous Employee (Current Employee) Chicago, IL

    ProsFree Lunch & decent bonus

    ConsNo work life Balance, Consistently understaffed and overworked. Pay is not for performance.

    Advice to Senior ManagementWork Life Balance ever heard of it?

    No, I would not recommend this company to a friend

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

     

    Non Political but not much room for growth

    Anonymous Employee (Current Employee) Greenwich, CT

    ProsAlmost zero politics
    Job Stability
    Senior Management is Ethical
    A very competent CEO
    The timings are generally ok
    Decent year end bonuses

    ConsIf you're committed to a stable job with very little growth prospects but decent pay and bonus, then this is the right place for you. For the more ambitious types and non-Eastern Europeans, look elsewhere.

    Advice to Senior ManagementThe Company is a one man show. If the expectation is global growth and expansion then opportunities need to be extended to non E European employees as well.

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

     

    If you want to maintain the status quo and not be able to challenge anything, this is the place to be.

    Anonymous Employee (Current Employee) Greenwich, CT

    ProsDecent benefits except vacation days.
    You don't have to worry about politics.
    Senior management is very competent.
    The Company is very efficiently managed and is almost a guaranteed net income generator. Therefore, the stability factor is a big plus plus.

    ConsVacation days.
    Little to no flexibility allowed.
    Little to no growth potential for non-programming staff.
    Very little (if any) cross communication.

    Advice to Senior ManagementI don't think the management needs any advice as far as the bottom line is concerned. The Company consistently generates good revenue and has a great handle on managing the major costs. As far as employee morale is concerned, not sure if this is considered important at all - so why bother advising?

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    great place for computer geeks wanting to branch into finance

    Software Engineer (Current Employee) Greenwich, CT

    ProsOpportunity to advance for doing good job, little or no politics

    ConsIf you stack off, it will be noticed and reflected in (lack of) bonus

    Advice to Senior Managementnone

    Yes, I would recommend this company to a friend

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

    1 person found this helpful  

    I wish I had left earlier.

    Software Developer (Former Employee)

    ProsSalaries are good. You can learn a lot about trading. Co-workers are smart. New Year's party is nice.

    ConsWork environment is poisonous. Communication is discouraged among employees; you are expected to solve your problems with minimal external help. There are no trainings no working from home. Tools and development processes are very old. Career advancement is very slow. Employee stock incentive plan seems good at first but it locks you in with the company. Once you announce to leave the firm they will screw with you wherever they can.

    Advice to Senior ManagementTreat your employees with respect.

    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

     

    Good people but limited resources to work and internal tools always crash

    Customer Service Representative (Former Employee)

    Pros-Majority of the people in customer service and technical support are very nice and helpful

    -Free lunch (if you stay in office and work during your lunch hour)

    Cons-Internal communication tools and systems constantly crash and could not get information to help assist customer

    -Limited resources (more often no resources) and training to help customer, for example they expect you to assist a client to place an order in an iPad and iPhone, we don't even have these tools in the office! Constantly have to use personal phone and mobile data plans to help customer; they don't care how things are done as long as the customer is assisted.

    -Management controls everything, they have the final say and if you are on the trainee system and you submit a reply, chances are you have to wait one or two days for approval. Chasing them is hopeless.

    -Communication between regions is very troublesome. Colleagues from other regions are often bouncing between tasks claiming it is because customer is based on the closest region or because of time difference. Since the global routing, people may cold transfer calls back to the existing queues so that they can leave on time.

    -Projects that are assigned are often random and pointless.

    -Majority of the Technical Operations team are very unhelpful, when escalating an issue they either do nothing or waste your time, or wait 2-3 days to copy and paste your report on the bug report to escalate further.

    Advice to Senior ManagementTrain employees and provide better resources to complete day to day tasks. For example, mobile devices and tablets so that we know how to walkthrough clients on placing orders.

    You may also want to give more incentive for your employees to stay.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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

     

    Disappointing

    Anonymous Employee (Former Employee)

    ProsFree lunch, open to other races

    ConsOnly Swiss has a Promotion Chance

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

     

    solid job opportunity

    Anonymous Employee (Former Employee)

    Prosdecent salary and bonus. good perks (free lunch). solid benefits (health, dental, vision, 401K0. opportunity to learn.

    Consthere is minimal training. groups are understaffed, so there is a high work load for each employee and tends to lead to friction between employees.

    Advice to Senior Managementcontinue to hire new employees to grow staff as many groups are understaffed

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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