Interactive Brokers Reviews | Glassdoor

Interactive Brokers Reviews

Updated July 19, 2017
114 reviews

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114 Employee Reviews

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Pros
  • Free lunch from area restaurants is a nice perk (in 33 reviews)

  • no nonsense" philosophy & no politics / red-tape (in 8 reviews)

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

  • Under appreciated by upper management (in 5 reviews)

More Pros and Cons

  1. Helpful (1)

    "My Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Database Administrator in Greenwich, CT
    Current Employee - Database Administrator in Greenwich, CT
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Interactive Brokers full-time

    Pros

    Supportive working environment
    Great Place to learn and grow
    Knowledgeable management
    Knowledgeable staff
    Free Health Care
    Free parking
    Grest location
    FREE LUNCH

    Cons

    Greenwich is Very Cold
    Very Competitive hiring process
    Interview process was very long
    Not a whole lot of negatives, its a decent place

    Advice to Management

    Higher limit on lunch.
    Dental Care
    More colrfull decorations would be nice


  2. Helpful (4)

    "Tremendous Opportunity"

    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

    Pros

    Great Work/Life Balance
    Strong Communication within Working Departments
    Good Work Environment
    Generous Managers & Colleagues
    Tremendous Teamwork

    Cons

    Nothing much to note as a Con at Interactive Brokers. They encourage growth and advancement. It is a refreshing break from the normal.

    Advice to Management

    Further, there is nothing I'd recommend except for continuing to inhibit the same values & continuing to work towards improving the already strong work environment.

  3. "Great Company to work for"

    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

    Benefits, very little politics, knowledgeable management.

    Cons

    employee programs are on low side


  4. Helpful (1)

    "Excellent hiring experience for new employee"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Interactive Brokers full-time

    Pros

    Just starting but am extremely impressed with their hiring process and recruiting. Interviewed with their competitors and there is far less red tape. IBKR was much more responsive all the way around.

    Cons

    Just starting but as far as hiring process goes, I have no cons.

    Advice to Management

    Look forward to starting and I appreciate how flat you have managed to keep your organization


  5. "Great experience so far"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Greenwich, CT
    Current Employee - Anonymous Employee in Greenwich, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Interactive Brokers full-time

    Pros

    I have been working here less than a year, and it has been excellent experience so far. Stable growth company, good pay and benefits, free lunches and snacks, good work/life balance, and knowledgeable management team. Recruiting was transparent and responsive during the hiring process.

    Cons

    In addition to hands-on training, the company needs to provide better training materials and classes.


  6. "Great company"

    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

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

    Pros

    Working with the latest software technologies, free lunch, great benefits, flexible hours, nice working environment.

    Cons

    Nothing to complain about so far

    Advice to Management

    Consider employees' suggestions for any improvement. Otherwise, keep up the good work!


  7. "Never been happier"

    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
    No opinion of CEO

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

    Pros

    Free lunch. Fully stocked kitchen. Interesting work. VERY competitive salary.

    Cons

    Nothing to complain about. Absolutely love it here. Will likely never leave.

    Advice to Management

    None.

  8. "Stable company, good pay, meritocracy"

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

    I have been working at Interactive Brokers full-time (More than 10 years)

    Pros

    Very stable company, the brokerage business has big inertia and we are in a good position to have much bigger market share in the future. When a project does not pan out the people from the group are redeployed to other departments instead of getting laid off. Many people plan to retire from here.

    Good work-life balance, I rarely do overtime and I was never expected to do so. If your task has a deadline management will give you help instead of expecting 16 hour workdays.

    Compensation is very good, especially for long term employees when the stock vesting ramped up. Bonus is very reliable, I haven't seen a decrease in it for the past decade even when my department was only breaking even. As far as stable companies go they pay top dollar.

    Most of the management are former engineers and can actually understand your ideas/problems. The good news is that if your idea is valid from business perspective they will be happy to allocate resources to it. On the other hand if it is just let's bring in the next cool 3rd party library or let's refactor some code that nobody touched in years, they won't buy it.

    Cons

    The stock vesting period of 7 years is too long.

    If you are looking for career advancement above being a senior developer or maybe a team leader it is unlikely to happen here. The managers have been here for decades and they are not going anywhere. Since the business is very mature there are no new departments forming with big upside.

    Advice to Management

    It would be great to have learning opportunities sponsored by the company.


  9. "Great firm...productive hi-tech atmosphere with nice people."

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

    Pros

    1 (optional) meeting each week
    Lots of parking, office park shuttle service to train/HQ near train
    Free lunch on the firm every day.
    Flexible 40-hour week (7-3, 9-5, etc)

    Cons

    Development is emphasized...so many new versions of product sometimes causes inconveniences for other departments.

    Advice to Management

    Drawbacks to the "Silo-ed" structure are mounting...what good are local optima? Mysterious development problems obviously spillover into marketing and sales depts.


  10. "Great company"

    StarStarStarStarStar
    Current Employee - Client Service Representative in London, England (UK)
    Current Employee - Client Service Representative in London, England (UK)

    I have been working at Interactive Brokers full-time

    Pros

    Great company to work for. Strong developement and focus on reward.

    Cons

    Internal firm communication is poor, and although not much red tape, the approval process for change is slow due to bottlenecks in senior management


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