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Online Trading Academy

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Online Trading Academy

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Online Trading Academy Reviews

Updated Aug 4, 2021

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Found 260 of over 293 reviews

4.0
63%
Recommend to a Friend
74%
Approve of CEO
Online Trading Academy Founder & President Eyal Shahar
Eyal Shahar
198 Ratings
Pros
  • "Amazing leadership and education at OTA(in 47 reviews)

  • "The work environment is fun as the company is very innovative(in 12 reviews)

  • Cons
  • "But OTA keeps innovating and finding ways(in 15 reviews)

  • "The job also involves of weekend work(in 13 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, more than 1 year

      Great!

      Jun 23, 2021 - Project Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great company values! Love first.

      Cons

      Fast pace sales environment. Needs better support

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    2. 4.0
      Current Employee, more than 5 years

      good company working through some tough times

      Aug 4, 2021 - Enrollment Specialist 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      have a really good product, if you are a people person you can really make a difference, depending on the role you can make a good living and learn to trade too

      Cons

      corp. has to change how they help centers and get tuition in line with current economic reality. Some work balance issues -lot of evening calls and weekends in center

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    3. 1.0
      Former Employee

      Save your sanity….stay away

      Jul 30, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Mmmmm, can’t think of any

      Cons

      Well, after reading through the reviews, I can say that they saw their approval rating was down so I’m sure they did another round of “fill out a survey about how great we are or else” so they can try to make everyone think they are as awesome as they think they are. Sexist management, big egos on C-level, if you do the job you were hired but your manager feels threatened …you are fired.

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    4. 3.0
      Former Employee

      Employee Review

      Jul 23, 2021 - Sales Associate 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Seemingly unlimited PTO and free education.

      Cons

      The upper management was never receptive to anyone.

      Continue reading
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    5. 5.0
      Former Employee, less than 1 year

      Had a blast!

      Jun 11, 2021 - Student Support Manager in San Diego, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The people that I worked with was definitely the best part of my job. Supported one another as a team.

      Cons

      Job ended and location closed.

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    6. 4.0
      Former Employee, more than 3 years

      Amazing education

      Jun 8, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Flexible schedule, catered meals and great education benefits

      Cons

      I did not experience any discrepancies at my campus

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    7. 4.0
      Former Employee, more than 1 year

      Lots of pros and cons

      Mar 22, 2021 - Administrator Assistant in Chicago, IL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The people were nice, it felt nice when students did well, website was easy to use.

      Cons

      There are no benefits, you work every weekend, corporate doesn't care to help, and sometimes it felt like the sales tactics were too pushy.

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    8. 5.0
      Former Employee, more than 3 years

      Good experience

      Mar 30, 2021 - Student Support Specialist in Freehold, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Very tight knit work atmosphere, you see the results of your hard work, very rewarding, you learn a lot that you can use to your benefit as you go

      Cons

      Some students struggle with basic computer concepts and require additional help

      1 person found this review helpful
    9. 2.0
      Former Employee

      Go elsewhere...no winners

      Oct 19, 2020 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Education is effective (extremely overpriced though) Pre-FTC perks included free breakfast and lunches, car washes Genuinely good co-workers trying to do right by students

      Cons

      Where do I begin..... Google "Online Trading Academy FTC"....entire corporate office was laid off with 24 hours notice, no severance and missing paycheck from past two weeks Lack of professional HR - no onboarding, no performance reviews or opportunities for salary increases, professional growth plans. Bonus payouts often delayed and many hourly employees not fairly compensated Dying biz model.....entire business ruled by small-shop franchise owners who refuse to pivot to online business models (in a post-Covid world) to protect their brick and mortar business Mid-size company run like a poorly functioning start-up with words such as "duck tape and binder twine" and "skunkworks" often thrown around with pride "Kool-aid culture".....company prides itself on culture of love with uncomfortable hugging practice while hammering employees to fill out "best place to work" award surveys Workers who are still at the company are at the end of their career or can't find work elsewhere due to lack of skills acquired at company Company crawling out of a major lawsuit settlement and rebuilding. Not a place to grow a career. Leadership team did not take the FTC investigation seriously enough and rather attempting to settle, decided to countersue instead leading to entire company laid off Franchisees are hurting. Be prepared to deal with that aftermath coming at all angles

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      5 people found this review helpful
    10. 3.0
      Former Employee, more than 5 years

      Great Education, Great Sales training, Not so great favoritism

      Dec 30, 2020 - Education Counselor in Irvine, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Wonderful Company Benefits, Beautiful offices, Good opportunity to learn to trade, Willing to be your first step into the financial industry, Good training programs if your franchise is willing to send you

      Cons

      Favoritism, some locations or teams are definitely "boys clubs" or leads aren't allocated fairly based on performance and skill but based on favoritism. High stress job if not meeting your sales quotas, full commission with a draw position. Some franchise owners are sexist or morally not so great, probably should vet their franchise owners better. Just went through an FTC lawsuit they barely came out of. May be better now post FTC lawsuit, but need to pay better attention to what some of their "top salespeople" are promising people. The education is good, no need to overpromise or lie.

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      2 people found this review helpful
    Viewing 1 - 10 of 260 Reviews

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