Interactive Brokers
2.3 of 5 39 reviews
www.interactivebrokers.com Greenwich, CT 500 to 999 Employees

Interactive Brokers Reviews

Updated Jul 2, 2014
Interactive Brokers – Mumbai – “Interactive Brokers India Office”

All Employees Current Employees Only

2.3 39 reviews

                             

46% Approve of the CEO

Interactive Brokers Chairman, President, and CEO Thomas Peterffy

Thomas Peterffy

(28 ratings)

28% of employees recommend this company to a friend
39 Employee Reviews
in
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    Exciting but lack of proper supervision

    Financial Trader (Former Employee)
    Dhaka (Bangladesh)

    Pros- Opportunity to trade in foreign financial market and learn about the market practically.
    - Opportunity to learn technical analysis by applying it in real situation.
    - Management gave ample opportunity to prepare for real trading by trading simulation

    Cons- Only two person in the firm have real trading experience.
    - Do not have a knowledgeable and experienced supervisor for new traders.
    - Failed to give a proper guideline to the new trader for example: what is expected to them after the end of a day or month.

    Advice to Senior Management- Should appoint a supervisor who have real trading experience.
    - Should have more trading style in the firm to accommodate different people with different qualification. For example: A person who have proper training and motivation to trade by proper analysis should have the independence to trade coming out of the limitation of "day trading style"

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    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

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    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
           
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    If it was fun, it wouldn't be called work

    Anonymous Employee (Former Employee)

    ProsIf you perform well, you will be promoted.
    Nice offices
    Colleagues are friendly
    modern computer equipment
    free lunch is provided

    ConsYou can hear a pin drop. Employer does not want employees to chat with each other in the workplace because that means that they are not working.

    Advice to Senior ManagementListen to the little guy. The smallest decisions take too long to be made because they have to be approved by top management.

    No, I would not recommend this company to a friend

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    Time will tell

    Anonymous Employee (Current Employee)

    Prossalary is competitive to market

    Consexpect to spend a majority of time there

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    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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    great experiences with IB

    Programmer (Former Employee)
    Stamford, CT

    Prosrelaxed atmosphere, helpful coworkers and good benefits. the staff is placed in an effective way, so everyone has to work hard

    Consnot sure about the location, the wait between interviews are so long. the initial test took about an hour to complete.

    Advice to Senior Managementhire people with better education background; make sure the interview process is more structured. otherwise, like the interview style and the general manner.

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    2 people found this helpful  

    stable company hedged against turbulent downside but chronically running out of new ideas

    Anonymous Employee (Current Employee)

    Prosfinancially hedged against market turbulence because the nature of market making and brokerage business.
    Almost no politics. Everyone works hard. Manager is fair and straight in compensation.

    ConsInnovations from ground level employees are not encouraged. The only people that are eligible to do "thinking" are the few biggest shots at top management level.
    No communications, no incentive for cooperations. Lots of redundant and subpar work.
    Fetish with cost reduction and execution efficiency: penny-wise and dollar-foolish.
    Zero attention to employee's career development. No job title, no visibility in the profession circle. They want you to forever work there, which means slow death if the word 'ambition' still sounds good to you.

    Advice to Senior ManagementTake a breath, put away petty meaningless product 'features', do some visionary thinking. Otherwise IB will be forever stuck with a 'low-cost' brainless muscle executor image. Well, not really 'forever', because labors in US is still lofty and competitors from around globe will catch up, just look at what happened to Timberhill's steady decline.

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    • Work/Life Balance
           
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    • 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.

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    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

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Glassdoor is your free inside look at Interactive Brokers reviews and ratings — including employee satisfaction and approval rating for Interactive Brokers CEO Thomas Peterffy. All 39 reviews posted anonymously by Interactive Brokers employees.