Interactive Brokers Reviews | Glassdoor

Interactive Brokers Reviews

Updated March 13, 2017
25 reviews

Filter

Filter


3.0
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
Interactive Brokers Chairman, President, and CEO Thomas Peterffy
Thomas Peterffy
9 Ratings

25 Employee Reviews

Sort: Popular Rating Date

Pros
  • Free lunch from area restaurants is a nice perk (in 28 reviews)

  • no nonsense" philosophy & no politics / red-tape (in 7 reviews)

Cons
  • Work from home option almost non-existent (this has to do mostly with security concerns and the nature of business) (in 4 reviews)

  • little to no usage of third-party products (in 3 reviews)

More Pros and Cons

  1. "If you want to maintain the status quo and not be able to challenge anything, this is the place to be."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Greenwich, CT
    Current Employee - Anonymous Employee in Greenwich, CT
    Doesn't Recommend
    No opinion of CEO

    Pros

    Decent benefits except vacation days.
    You don't have to worry about politics.
    Senior management is very competent.
    The Company is very efficiently managed and is almost a guaranteed net income generator. Therefore, the stability factor is a big plus plus.

    Cons

    Vacation days.
    Little to no flexibility allowed.
    Little to no growth potential for non-programming staff.
    Very little (if any) cross communication.

    Advice to Management

    I don't think the management needs any advice as far as the bottom line is concerned. The Company consistently generates good revenue and has a great handle on managing the major costs. As far as employee morale is concerned, not sure if this is considered important at all - so why bother advising?


  2. Helpful (1)

    "Non Political but not much room for growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Greenwich, CT
    Current Employee - Anonymous Employee in Greenwich, CT
    No opinion of CEO

    Pros

    Almost zero politics
    Job Stability
    Senior Management is Ethical
    A very competent CEO
    The timings are generally ok
    Decent year end bonuses

    Cons

    If you're committed to a stable job with very little growth prospects but decent pay and bonus, then this is the right place for you. For the more ambitious types and non-Eastern Europeans, look elsewhere.

    Advice to Management

    The Company is a one man show. If the expectation is global growth and expansion then opportunities need to be extended to non E European employees as well.


  3. "great experiences with IB"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Programmer in Stamford, CT
    Former Employee - Programmer in Stamford, CT
    Approves of CEO

    Pros

    relaxed atmosphere, helpful coworkers and good benefits. the staff is placed in an effective way, so everyone has to work hard

    Cons

    not sure about the location, the wait between interviews are so long. the initial test took about an hour to complete.

    Advice to Management

    hire people with better education background; make sure the interview process is more structured. otherwise, like the interview style and the general manner.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    "Time will tell"

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

    Pros

    salary is competitive to market

    Cons

    expect to spend a majority of time there


  6. Helpful (5)

    "customer service representative"

    Star Star Star Star Star
    • 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
    Doesn't Recommend

    I have been working at Interactive Brokers full-time (More than 3 years)

    Pros

    Good food, people here are very nice. very stable job, endless work.
    A lot of work is a good thing, then, you won't get fired.

    Cons

    So tired. Talking with customers all the time is very exhausting.

    Advice to Management

    it is better to give employees some time to communicate. Working is just too busy all the time. No time to talk with coworkers. Should have some happy hours time.


  7. "Good for programmers"

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

    I have been working at Interactive Brokers full-time (More than 3 years)

    Pros

    Work with very intelligent people.
    No politics. No red tape.
    Flat Hierarchy .
    Best place to learn the business.
    Everything you do has immediate impact.

    Cons

    High pressure. Demanding .
    Must be able to hit the ground running.
    Zero upward mobility.


  8. "Good starting point"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accounting Analyst in Greenwich, CT
    Former Employee - Accounting Analyst in Greenwich, CT
    Recommends

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

    Pros

    Improvements to tasks are encouraged, good compensation and benefits.

    Cons

    Culture is not for everyone. Must be a self starter as new hire training process is weak. Poor work/life balance.

    Advice to Management

    Improve work/life balance.


  9. Helpful (2)

    "ok place to work"

    Star Star Star Star Star
    • 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

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

    Pros

    You get to work independently. You will be given a bunch of programming tasks -- a list and you have to crank it out, with minimal supervision.

    Cons

    Middle managers are useless. Never take responsibility for anything, do not want to be involved in anything. All they want is a weekly update email which they cut and paste and forward to senior management. Also completely insecure about their abilities.


  10. Helpful (4)

    "Online test"

    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

    Pros

    Went through online test. Core Java Questions & 2 Math problems.

    Cons

    Study COre Java questions , Objected oriented, Constructrs etc


  11. "Good internship"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Intern
    Current Intern - Intern
    Recommends
    Positive Outlook

    I have been working at Interactive Brokers as an intern (More than a year)

    Pros

    Keep you busy but allow you to balance work and school. They are flexible and willing to schedule your hours around school.

    Cons

    Not very organized. Lacking in training.



Showing 25 of 101 reviews
Reset Filters