Recommend to a friend
Simplex Reviews
33 reviews
Filter
Filter
Approve of CEO
Erik Swanson
11 Ratings
Helpful (2)
![Simplex Logo]()
"Good Experience"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI worked at Simplex full-time (More than 3 years)
Pros
* You start becoming productive on day one. There is no drawn out onboarding process. You start writing and committing code right away. The transition is smooth yet definite.
* The team has some really smart engineers who perform at a very high level. It is surprising how every developer does so many different things and does it well.
* You get total ownership of your projects and you mostly have complete autonomy on how to go about it and there is always help if you need
* Good production monitoring systemCons
* The developer workflow tools/platform could use some upgrading
* Emacs not installed on all machines by default (LOL, j/k)Simplex 2016-10-26 10:10 PDT![Simplex Logo]()
"Options Trader"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI worked at Simplex full-time (More than a year)
Pros
Best Technology and access to developers is great
Cons
Very high stress and the bar is set high for expectations
Simplex 2018-11-29 14:04 PSTHelpful (3)
![Simplex Logo]()
"So-so experience"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNo opinion of CEOI have been working at Simplex full-time (More than a year)
Pros
Free lunch and snacks, but the snacks are primarily some of the unhealthiest junk available.
Cons
For the most part this place feels cold and unfriendly. There's very little camaraderie. The flip-side to the free food is that you feel like you can never leave your desk for a proper break.
Simplex 2018-02-11 11:08 PST![Simplex Logo]()
"Independent trader"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI worked at Simplex full-time (More than 3 years)
Pros
Plenty of in house analytics at our disposal.
Cons
The profit split kept moving in favor of management.
Advice to Management
Honor initial profit splits.
Simplex 2017-10-07 11:43 PDTHelpful (1)
![Simplex Logo]()
"Good Place to learn"
StarStarStarStarStar- Work/Life Balance
- Career Opportunities
- Comp & Benefits
I worked at Simplex full-time (More than a year)
Pros
Good place to learn
Work environment was generally young, hard working, intelligent peopleCons
High employee turnover
High pressure/responsibility - money is on the line every second of the dayAdvice to Management
Invest in long term careers of employees, be more transparent about expectations
Simplex 2017-05-23 13:16 PDTHelpful (7)
![Simplex Logo]()
"Option Trader"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendPositive OutlookApproves of CEOPros
Good place to get your feet wet. Begin looking for a new job when you accept this one.
Cons
No support for new traders. Held to unattainable standards with absurd profit splits, desk fees and minimum wage. No innovative trade strategies on the point-and-click side. I would highly suggest thinking twice about working here.
Advice to Management
Invest in your employees and pay them a decent wage.
Simplex 2017-03-10 15:14 PSTHelpful (5)
![Simplex Logo]()
"Maybe good for developers"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
I worked at Simplex full-time (Less than a year)
Pros
Good introduction to options trading while getting paid minimum wage and high amounts of stress. It feels like your achieving, but the reality is much different I believe. Trading is a lot like Hollywood, lots of wannabes and very few make it. It's unfortunate because its a very interesting industry
Cons
Low pay, burn out, and odds are good unless you have the right combination of programming skills and treader mentality and also maturity you won't last in the industry.
Advice to Management
Improve software so much that you don't have to hire naive young people to sit there and pretend they're actually trading. In other words automate away the need to hire nontechnical people.
Simplex 2016-12-20 09:11 PSTHelpful (4)
![Simplex Logo]()
"Software Enginner"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNeutral OutlookNo opinion of CEOPros
If you are an established and seasoned developer, you will do good here
Cons
Horrible Management. Jr developers are not given proper mentorship and direction. I once saw a traders punch through a monitor. As a co-worker, it demotivates you when you see stuff like this.
Advice to Management
Nurture hires straight out of college to grow in their role. Reorganize IT in such a way that there are mentors and team leads to guide and help others.
Simplex 2016-10-30 12:09 PDT![Simplex Logo]()
"none"
StarStarStarStarStarPros
great company to work in.
Cons
nothing by far .everything fine.
Advice to Management
none
Simplex 2016-03-12 18:19 PSTHelpful (22)
![Simplex Logo]()
"These reviews are FAKE"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookApproves of CEOPros
Literally nothing besides the free lunch that they advertise nonstop.
Cons
Subpar managers, salary was around 30k when I left with promises of "year end bonuses" keeping the desperate staying on... only not to be delivered on. Absolutely terrible working conditions. Learned very little.
Advice to Management
Keep on doing what you're doing- it's making you a ton of money. Advice to employees? Get out as soon as you can.
Simplex 2015-09-06 15:04 PDT
Join the Simplex team
This will replace the current featured review for targeted profile. Are you sure you want to replace it?
Are you sure you want to remove this review from being featured for targeted profile?
Simplex Response
seconds ago
Edit • Delete