Interactive Brokers Reviews | Glassdoor

Interactive Brokers Reviews

Updated April 23, 2018
134 reviews

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3.8
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Approve of CEO
Interactive Brokers Chairman, President, and CEO Thomas Peterffy
Thomas Peterffy
79 Ratings

134 Employee Reviews

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Pros
  • Free lunch delivered directly to the kitchen for you (fine print: you eat in front of your computer :) (in 37 reviews)

  • good for work life balance and trading (in 7 reviews)

Cons
  • Limited vacation time with no work/life balance, new-hires would receive 10 days vacation, 6 days sick time, and 3 days bereavement (in 6 reviews)

  • Work from home option almost non-existent (this has to do mostly with security concerns and the nature of business) (in 5 reviews)

More Pros and Cons

  1. "Analyst"

    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 Interactive Brokers full-time

    Pros

    Great salary and benefits and work/life balance

    Cons

    None that I am aware of


  2. "Good Company to work for"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Interactive Brokers full-time

    Pros

    Free lunch and nice people.

    Cons

    None, nada, nothing, zilch, zero.

  3. "A lot of potential"

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

    I have been working at Interactive Brokers full-time

    Pros

    Company paid lunch every day
    job security

    Cons

    no movement within company
    no professional development


  4. Helpful (3)

    "Professional Services"

    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 Interactive Brokers full-time

    Pros

    Free coffee, lunches and drinks.

    Cons

    Waste of time for experienced individuals with very low pay and bonus.

    Advice to Management

    Stop micromanaging and mistreating employees.


  5. "Smart Managers, Intense"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in Greenwich, CT
    Former Employee - Senior Software Engineer in Greenwich, CT
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Interactive Brokers full-time (More than 8 years)

    Pros

    Senior people are all very smart.

    Cons

    Intense, and at times combative work environment.

    Advice to Management

    No advice.


  6. "Good Companu"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Chicago, IL
    Current Employee - Customer Service Representative in Chicago, IL
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at Interactive Brokers full-time (Less than a year)

    Pros

    Good pay, benefits, work life balance

    Cons

    Poor organization, Lack of coordination, Saltiness


  7. "Internal Auditor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Internal Auditor in Greenwich, CT
    Former Employee - Internal Auditor in Greenwich, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Interactive Brokers (More than 3 years)

    Pros

    Free lunch, flexible PTO, nice bonus, free healthcare

    Cons

    Hard to move up if you don’t start in a management roll

    Advice to Management

    Provide more opportunities for growth to young employees.

  8. Helpful (5)

    "Software engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in Greenwich, CT
    Former Employee - Software Engineer in Greenwich, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Fixed hours. No need to work on weekends. Free lunch at desk.

    Cons

    Pathetic place to work. There is no scope for growth. Most of people here are either divorced or enjoying their Christmas all alone.

    Advice to Management

    Close this miserable blood sucking company.


  9. Helpful (1)

    "Work hard and get real responsibility"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Greenwich, CT
    Current Employee - Software Developer in Greenwich, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Interactive Brokers full-time (Less than a year)

    Pros

    Get to see your actions shape the business. Lots of smart talented people to learn from.

    Cons

    Complex business and systems take some time to learn.


  10. Helpful (4)

    "Decent place to work"

    StarStarStarStarStar
    Current Employee - Senior Software Developer in Greenwich, CT
    Current Employee - Senior Software Developer in Greenwich, CT

    I have been working at Interactive Brokers full-time (More than 8 years)

    Pros

    Close to city. Decent pay and benefits. Not many levels of management. There is little to no red tape. This is the reason decisions are made at a very fast pace. Every workplace has politics. So does this. But the politics is not as bad as other places.

    Note - The review written under "Used to be a good place to work" does NOT seem to be written by a programmer. The individual has pretended to be a programmer to hide his/her identity. Because he/she clearly does not know the good things in software development happening in the company.

    My personal experience is that management will take care of you (in a good way) if you are honest and open about things. President is making lot of changes (in a good way) as far as software development process is concerned. Things that were done in ad-hoc way (which affected many systems) now seem to be more structured.

    Cons

    Employees in different groups are treated differently.

    Lot of fights between groups. No one wants to take blame. General attitude is that if something is incorrect, it must be because the other group did not do it the right way.

    Advice to Management

    - Treat all employees the same. It is not fair to employees who work long hours and are under immense pressure to deliver projects but are not treated on par with the ones who work less or have less pressure to deliver.

    - Sometimes tasks are asked to deliver in few days. This gives programmers less time to think about writing good code because the focus is delivery and not quality.

    - Impact of big projects needs to thought through end-to-end. If it is small change in one system, it does not mean it is a small change in other systems as well. Involve all major players that are part of end-to-end system.


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