FXCM Reviews | Glassdoor

FXCM Reviews

Updated December 5, 2017
71 reviews

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4.0
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Brendan Callan
5 Ratings

71 Employee Reviews

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Pros
  • reasonable hours, casual work environment (in 20 reviews)

  • Smart people /peers, great ability to learn a lot for self-starter and advancement opportunities if you are willing to pursue them (in 10 reviews)

Cons
  • most people not part of "the group" are unhappy and try to leave which results in high turnover (in 10 reviews)

  • Low growth opportunity due to an over saturated upper management team is not very motivating (in 9 reviews)

More Pros and Cons

  1. "Forex Trading Intern"

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

    I worked at FXCM as an intern

    Pros

    Competitive working environment/ Complete training sessions and more.

    Cons

    Overloading working time and more.


  2. "developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at FXCM full-time

    Pros

    Good environment, nice view, convenient location

    Cons

    Everything is kinda slow, business not too good now

  3. "FSR"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Service Representative in San Francisco, CA
    Current Employee - Financial Service Representative in San Francisco, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at FXCM (More than a year)

    Pros

    Great co-workers
    team orientated atmosphere
    Clearly defined goals

    Cons

    None. It was great experience to break into the industry


  4. "A good place to grow ( almost )"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Representative in Plano, TX
    Former Employee - Financial Services Representative in Plano, TX
    Recommends
    Approves of CEO

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

    Pros

    Management is responsive and attentive. People are nice, the culture is competitive but not mean spirited. I worked there for 3 years and simply did not see a future, but I did not leave because I was dissatisfied with anything in particular. I was sorry to hear that there were dishonest practices at the highest level, but I can attest that during my time there, the culture was always appeared to be attuned to the needs of the clients and fair practices. If I were still in the same industry, I would consider working there again.

    Cons

    The way the culture is set up, the way you get into a different department or to a higher level is by putting on a show with how hard you can work, plain and simple. Or, find ways to inflate the appearance of your performance. I'm sure it's like that at other companies too. But it would be nice if there were advancement opportunities that relied more on training and placement based on aptitude and preference rather than using promotions and lateral movements as a carrot to extract as much toil as possible.

    Advice to Management

    Find ways to reward more than just sales numbers, find better ways to train internally, and you can increase the firms ability to leverage employees who have other skill sets, aptitudes and desires beyond the cookie cutter role structure.


  5. "Ok company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Plano, TX
    Former Employee - Anonymous Employee in Plano, TX
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at FXCM part-time (Less than a year)

    Pros

    Free coffee, the networking was great, getting a chance to communicate with professionals across the world. East to communicste with leaders in the company.

    Cons

    Very cheap company. Too many leaders in one department, no one was ever on the same page. Hard to grow within the company.


  6. "Forex investor"

    StarStarStarStarStar
    Current Freelancer - Anonymous Freelancer
    Current Freelancer - Anonymous Freelancer

    Pros

    I don't work for FXCM but I use them in my business. FXCM is head and shoulders above other brokers.

    Cons

    Some of the information is late.


  7. "FXCM Review"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FXCM full-time

    Pros

    There is a huge opportunity for growth and independence

    Cons

    The clients that you work with can sometimes be extremely unreasonable

    Advice to Management

    Better and more streamlined communication

  8. "FXCM"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fantastic place to work
    Team work

    Cons

    Limited opportunity for career advancement


  9. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great Benefits, Lots of Opportunities to grow in your career.

    Cons

    Entry level roles can be demanding, but hang in for the long haul and it pays off.


  10. "Keeps you on your toes!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    No opinion of CEO

    I have been working at FXCM full-time

    Pros

    Mid-sized company so you get exposed to various aspects of the business and gain invaluable experience as a result. Very fast-paced and the climate is ever changing.

    Cons

    No 401(k) match. No established development plan to move-up in the company.


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