Interactive Brokers Reviews | Glassdoor

Interactive Brokers Reviews

Updated October 11, 2017
121 reviews

Filter

Filter

Full-timePart-time

121 Employee Reviews

Sort: PopularRatingDate

Pros
  • Free lunch from area restaurants is a nice perk (in 35 reviews)

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


  2. "Senior software engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Mumbai (India)
    Current Employee - Senior Software Engineer in Mumbai (India)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good brokerage business knowledge
    Flexible working hours
    Party culture
    Zero politics

    Cons

    There are no cons at all

  3. "Demanding but rewarding"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Greenwich, CT
    Current Employee - Anonymous Employee in Greenwich, CT
    Recommends
    Approves of CEO

    Pros

    Very little red tape
    Lean department means lots of interesting work
    Chance to bring many projects to completion

    Cons

    Too little time off
    Unbalanced salaries


  4. "the best brokers i ever worked with"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Market Trader in New York, NY
    Current Employee - Market Trader in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Very good working environment and career opportunity

    Cons

    too many strick rules this company should be more flexible


  5. "good co. to work for"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    great place and good people

    Cons

    none the co. is a great plce


  6. "Great Company"

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

    Pros

    No politics, friendly atmosphere, opportunities

    Cons

    Low salary, small bonuses, hopefully in the future

    Advice to Management

    Bigger bonuses


  7. Helpful (1)

    "Manager"

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

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

    Pros

    The compensation and benefit package is very competitive for a discount brokerage firm. Due to the selective application process, the turnover rate is very low. The firm will listen to an employee facing financial challenges and will provide assistance. Not many firms do that.

    Cons

    Overall, the talent appears to be underutilized. There is not a lot of mobility from one department or group to another. You get hired to do a job, and that's your job. Growth opportunities exist, but may be limited.

  8. "Excellent and progressive IT Centered Company"

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

    Pros

    System Development and process improvement .
    Inclusive culture
    Competitive compensation
    Free lunches

    Cons

    Upward mobility is somewhat limited because most people don't leave their jobs.


  9. Helpful (5)

    "Customer service rep"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Chicago, IL
    Former Employee - Customer Service Representative in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Good health care, free lunch, good job, year end bonus

    Cons

    No up to date material training, no potential to move up the latter, promotion thru favoritism; managers are bullies (lacking managerial 101 skills); toxic employees rude to customers won't get fired and because they're managers favs. HR personnel are untouchable (can't do no wrong)

    Advice to Management

    Promote from within base on skills & potentials not likability. Stop throwing customer rep under the bus by announcing last minute system updates & policy. You can't increase great customer reputation when manager perpetuate rudeness!


  10. Helpful (1)

    "Great experience"

    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 Interactive Brokers full-time

    Pros

    Strong emphasis placed on operational precision, risk management, and process automation. Work environment enables a comprehensive understanding in brokerage operations while continuously offers developmental objectives. Above average compensation & benefits. Strong management & leadership.

    Cons

    Lack of programming resources causes projects to remain stagnant for significant periods. Certain protocols & internal procedures were outdated or too heavily controlled by upper management, rendering tasks inefficient. Client services performance was typically weak and should be improved upon.

    Advice to Management

    Certain areas in backoffice & client services require more attention on training & performance accountability.


Showing 121 of 122 reviews
Reset Filters