FXCM Reviews | Glassdoor

FXCM Reviews

Updated August 1, 2017
215 reviews

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3.6
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Brendan Callan
9 Ratings

215 Employee Reviews

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Pros
  • Everyone was laid back and nice to talk to and you can learn a lot here as a fresher (in 10 reviews)

  • Flexible schedule, overtime when you want it, good work life balance (in 10 reviews)

Cons
  • most people not part of "the group" are unhappy and try to leave which results in high turnover (in 9 reviews)

  • unreasonable request from senior management (in 8 reviews)

More Pros and Cons

  1. "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


  2. "Moved to City Of Investment Ltd"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Dealer Account Manager in London, England (UK)
    Former Employee - Dealer Account Manager in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at FXCM full-time (More than a year)

    Pros

    Learnt a great deal about the inner workings of FXCM but then decided to take my skills to City of Investment since I was head hunted by the trading team at CityofInvestment.com to fill trading orders as quick rapidly.

    Cons

    Cannot negotiate your way to the top at FXCM.

  3. "Excellent Working Environment"

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

    I worked at FXCM full-time

    Pros

    Salary, Potential for career growth

    Cons

    Working Hours, stressful market

    Advice to Management

    Hire more traders


  4. "Don't work there"

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

    I worked at FXCM (Less than a year)

    Pros

    I don't see any advantage

    Cons

    Awful management
    Expect to be on phone all day long


  5. "Intern"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FXCM full-time

    Pros

    Good working environment, friendly and easygoing colleague, proper workload.

    Cons

    Basic holiday schedule - If you are not motivated to work you may not like it here - Friendly/positive people looking to make an impact do well here


  6. "Ops"

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

    I worked at FXCM full-time

    Pros

    Fast paced environment. The work was interesting because getting to know about the FX market was enjoyable

    Cons

    Favoritism is rampant and competent managers are rare in that place

    Advice to Management

    get your act together or the place will vanish


  7. "Good place to start career"

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

    I worked at FXCM full-time

    Pros

    People are nice and welcoming.

    Cons

    Too much emphasize on drinking at some departments.

  8. "Overall positive"

    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

    I have been working at FXCM full-time

    Pros

    Great CEO, company wants to innovate, work-life balance

    Cons

    Very political and not very collaborative

    Advice to Management

    Strive for a less political working environment


  9. "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.


  10. "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.


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