OANDA

  www.oanda.com
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OANDA Reviews

Updated August 9, 2014
Updated August 9, 2014
24 Reviews

2.4
24 Reviews
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Recommend to a friend
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Edmond Eger III
5 Ratings

Employee Reviews

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  1. 2 people found this helpful  

    A good company gone bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer  in  Toronto, ON (Canada)
    Former Employee - Software Engineer in Toronto, ON (Canada)

    Pros

    Good environment and friendly people. If there is one team that I would recommend joining, it would be the mobile team. It's awesome participating in hackathons and other social events. Free lunches twice a week.

    Cons

    There are more managers, Directors and VPs on a project than actual developers who can do the work. I hear the company went from a very flat structure to another extreme. I also can't say people are passionate about their work. It seems many are there to do their day-to-day job without putting in any extra effort. Good luck dealing with HR, it's all about pleasing the agencies. I see lots of pain and transformation for this company if it has any chance of succeeding.

    Advice to ManagementAdvice

    The targets for the year are unreal and everyone knows that. Sr. Management has not explained how is it even possible to achieve them for two years in a row. Get some good recruiters and stop using agencies and contractors. There is no culture of transparency at all.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 5 people found this helpful  

    i will tell you what is actually happening here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)

    Pros

    rock-solid technical infrastructure, well-oiled money making machine 24/7, the money machine is so well tuned that it's almost impossible to break it

    Cons

    new incompetent senior management team, i.e. K Duker and the suckups, who don't actually know anything about the business. glad they are finally being fired by the board. hopefully the new CEO can patch the wounds. yet to be seen.

    Advice to ManagementAdvice

    It took 10+ years of financial research and hard core software development to get the machinery to be where it is now. Even the incredibly incompetent K Duker was unable to destroy it. But he did manage to drive away, with his relentless BS, a lot of core employees who made the place what it is today.

    So, new CEO, don't pretend to know what you don't know like K did, and listen to your employees, because some of them know way more about FX marketmaking business than you do.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 3 people found this helpful  

    A mixed bag of an experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer  in  Toronto, ON (Canada)
    Former Employee - Software Engineer in Toronto, ON (Canada)

    Pros

    There are lots of smart, collaborative employees at OANDA. You are given a lot of autonomy and you can choose how you want to approach problem-solving since there are no prescribed methods. This also means, you are free to learn about and concentrate on subjects that interest you.

    Cons

    They are extremely disorganized. The management are poor communicators and it seems being aggressive and un-collaborative are prerequisites for becoming a manager. While most employees are great, the management makes it a very bad place to work.

    Advice to ManagementAdvice

    Lead by example, not with words. No more talk about world-class, just be world-class. Stop putting incompetent, aggressive jerks in management; it ruins the culture and the work environment. People need to have respect for their leaders to do their best work.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    Continuous Learning and Opportunities

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

    Pros

    Opportunities available, Employee welfare, Continuous learning, Good Exposure and Experience

    Cons

    Head office is in Toronto, 12 hours time difference

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Time for a change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Toronto, ON (Canada)
    Former Employee - Anonymous Employee in Toronto, ON (Canada)

    Pros

    Company had brilliant developers, a great product.

    Cons

    environment was isolating and unforgiving

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Interesting Business Model; Technology-Driven Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)

    Pros

    Collaborative work environment. Tremendous reputation in the industry. Lots of really gifted people, especially developers. Freedom to work in your own style. No silly rules about dress code or face time.

    Cons

    There have been major changes in senior management since I left so this may not still be true, but there was a lack of transparency, communication and process that could make it a frustrating place to work. They tend to be stingy and inconsistent with compensation. Half the company is developers so the whole place is very engineering-focused. It can feel like the tail wagging the dog sometimes.

    Recommends
    Positive Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Software Developer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer  in  Toronto, ON (Canada)
    Current Employee - Software Developer in Toronto, ON (Canada)

    Pros

    Great place to work.. People are treated well

    Cons

    You need to be proactive.

    Advice to ManagementAdvice

    Need to introduce more structure

    Recommends
    Approves of CEO
  9. 1 person found this helpful  

    Operations Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Specialist  in  Toronto, ON (Canada)
    Current Employee - Operations Specialist in Toronto, ON (Canada)

    Pros

    Generally smart people. Good team structures - small and focused but not myopic. Generally good inter-team cooperation.

    Cons

    Not well-managed. Senior management appeared to be unable to formulate and execute clear plans to deal with the challenges the company faced.

    Advice to ManagementAdvice

    Abandon silos. Cross-discipline cooperation is crucial, and the more people are fighting internally the less they're fighting the world outside.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    FX Specialist

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

    Pros

    Very flexible working environment
    Family oriented culture
    Great place to learn

    Cons

    Low bonuses, no commissions, Difficult for career advancement

  11. 3 people found this helpful  

    Fun and rewarding place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer  in  Toronto, ON (Canada)
    Current Employee - Software Developer in Toronto, ON (Canada)

    Pros

    The developers there are smart, relaxed and fun to work with. It is an enjoyable work environment with a lot of interesting projects going on.

    Cons

    The management is reorganizing and the work environment is shifting. Things seem to be going downhill a bit but they may stabilize

    Advice to ManagementAdvice

    Please keep in mind that developers work best in relaxed environments where they can enjoy what they do, feel rewarded by their hard work and don't have to worry about management too much.

    Recommends

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