HIFX Reviews | Glassdoor

HIFX Reviews

Updated April 10, 2017
10 reviews

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3.5
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HIFX Group CEO Matthew Knowles
Matthew Knowles
4 Ratings

Employee Reviews

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  1. "Exciting FX company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Operations Manager in San Francisco, CA
    Former Employee - IT Operations Manager in San Francisco, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Dynamic workforce and a feel of a start-up yet. The location in financial district was good. Ability to learn more about FX markets was great. Diverse workforce and lots of different personalities. Open door policy with local management, and open floor plan for full communication with different teams.

    Cons

    Limited budgets for improving computer systems. Not much in company training initiatives or company events.

    Advice to Management

    More advertising and increased staffing level.


  2. "Great place to start your career but other than that..."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Representative in San Francisco, CA
    Former Employee - Sales Representative in San Francisco, CA
    No opinion of CEO

    Pros

    If you want to start a career in FX this is a good place to start out at.

    Cons

    Ridiculous hours for the amount of pay

    Advice to Management

    None


  3. "Good company"

    Star Star Star Star Star
    • 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 HIFX full-time

    Pros

    I like it here a lot

    Cons

    Not too much to complain about.


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  5. "A great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Support in Bracknell, England (UK)
    Current Employee - Client Support in Bracknell, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at HIFX full-time (More than 5 years)

    Pros

    Great atmosphere, nice people and clear pay structure. Hard work is recognised and Management are very good.

    Cons

    It is a relatively small company so promotion is not quick but they do develop staff.

    Advice to Management

    None


  6. "Bullying, intrusive and negative management."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Executive in London, England (UK)
    Former Employee - Sales Executive in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at HIFX full-time (Less than a year)

    Pros

    The product was easy to talk about.
    The new team I was in were like a family.
    CEO is friendly and talks to lower badge numbers.
    Solid company vision.

    Cons

    Management style at HiFX:

    - Boiler Room.
    - Bullying.
    - Intrusive.
    - De-motivating.
    - "Yes" nodding.
    - Negative.
    - Direct profanity upon making mistakes.
    - Heavily male orientated.

    Not an atmosphere or culture I could fit into. Turns out none of the new team did either.

    Advice to Management

    The one bad apple is no longer there. Shock.
    Let your staff breath more and be more creative.
    Implement a "no jerk" rule and create a policy around it. Weed the jerks out in a shake up.


  7. Helpful (1)

    "Poor management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Dealer in Auckland (New Zealand)
    Former Employee - Dealer in Auckland (New Zealand)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at HIFX full-time (More than 5 years)

    Pros

    It was a company that focused on FX and there was a bad culture of everyone going for late night drinks every night and not actually knowing much about FX

    Cons

    Culture had no drive. Compensation structure was poor - leadership refused to update this despite the fact all employees we pushing for change

    Advice to Management

    Poor commission structure meant no long term benefit of staying with the company


  8. Helpful (4)

    "Great senior management but head od desks need some work!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations in Windsor, South West England, England (UK)
    Former Employee - Operations in Windsor, South West England, England (UK)
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at HIFX full-time (More than 5 years)

    Pros

    Interesting job, great colleagues, lovely offices and if your face fits then you are made!

    Cons

    If your face does not fit you are out the door before you can say 'I quit' however if you are a pretty blonde with a nice figure the world is yours.....

    Middle management (head of desks) need work however the Senior Directors/Management are better!

    Advice to Management

    Look at your HOD's!


  9. Helpful (2)

    "Boiler room environment, great place to cut your teeth, but you got to have balls to survive"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Corporate Sales in Windsor, South East England, England (UK)
    Former Employee - Corporate Sales in Windsor, South East England, England (UK)
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    Learn a lot about FX and sales. Very sales focused. Renumeration is good for those that are successful but standard pay is otherwise low.
    Meritocratic environment.
    Successful sales business.

    Cons

    Wide boy approach, can be a bit of a bullying environment. Cut throat.

    Advice to Management

    Cash in before the business and the market worsens.


  10. "Good Place to start if you are just graduated"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Interest job, good colleuages. Nice office

    Cons

    Middle management is not capable


  11. Helpful (3)

    "HiFX offers good sales career opportunities and decent earnings opportunity within the commercial FX sector."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Executive, Corporate FX Services in Windsor, South East England, England (UK)
    Former Employee - Sales Executive, Corporate FX Services in Windsor, South East England, England (UK)
    Recommends
    Approves of CEO

    Pros

    HiFX is a growing company within the niche commercial FX market providing foreign exchange services to corporate and private clients. The company has a lot of career opportunity for sales professionals looking to develop careers within tele-based sales and field sales. Whilst the sales roles are tough, the top sales executives earn very well and the commission and bonus structure is quite generous so there if definately significant £OTE if you work hard and put in the effort required to be successful. HiFX is based in Windsor so it's a really attractive career option for anyone wanting to work within financial services sales but not wanting to commute into the City/London.

    HiFX is one of the established and most successful companies in its sector so it's good to know I have a heavyweight company on my CV.

    The business was only set up in 1998 so the working atmosphere is still very sales-driven and entreperneurial with most staff enjoying a close working contact with senior management and directors on a day to day basis.

    I've always found the company to be very socialable and there is a great friendly atmosphere in the office.

    Cons

    Parking in Windsor town centre is limited to car parks which can be expensive if you do not purchase your car parking season ticket through the company.

    Advice to Management

    N/A