FXCM

www.fxcm.com
Employer Engaged

FXCM Reviews

Updated 18 February, 2015
Updated 18 February, 2015
135 Reviews
3.2
135 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
FXCM CEO and Director Drew Niv
Drew Niv
76 Ratings

Review Highlights

Pros
  • good place to start if you are new to the industry and market (in 9 reviews)

  • You'll learn a lot and the opportunity for exposure and hands on experience exceeds those top positions at big banks (in 7 reviews)


Cons
  • The company is corrupt, especially on the upper management level; lacks ethics and integrity; (in 8 reviews)

  • High turnover, poor handling of bad staffing choices (in 7 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. Featured Review

     

    Wonderful Internship Opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Business Intelligence Intern in Plano, TX (US)
    Current Intern - Business Intelligence Intern in Plano, TX (US)

    I have been working at FXCM as an intern (less than a year)

    Pros

    1) very professional and supportive working environment
    2) gave a lot of opportunities for interns to practice
    3) The training is very strict but valuable

    Cons

    need to be a quick learner to get familiar to the forex market

    Advice to ManagementAdvice

    My supervisor is very supportive and patient. And she always provides great suggestions on my project

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Not recommended, unless you are desperate for experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Management
    Former Employee - Operations Management

    I worked at FXCM full-time (more than 3 years)

    Pros

    Easy to get an entry-level position, which can help to move forward in the industry

    Cons

    Punitive work environment. Employees have been yelled at on the floor by managers. Unrealistic productivity goals without adequate focus on quality of work. Management is like a highschool clique.

    Advice to ManagementAdvice

    Hire external, experienced managers.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    FXCM good place for hard working self-starters with desire to learn and succeed quickly.

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

    I have been working at FXCM full-time

    Pros

    • Company takes care of it’s own – If you have a rough quarter, bad day, or need more guidance with something, you typically receive it
    • Lots of responsibility given – company doesn’t seek out big titles, certain ages, previous companies on your resume – can go up quickly with hard work
    • Large number of veteran employees who are passionate about what they do – tends to rub off and inspire healthy competition
    • Ideas are welcome – numerous projects / new initiatives come with an idea from an employee who follows through with analysis
    • Wide array of transferrable skills to future jobs within and outside of industry
    • Further education in form of conferences, seminars, courses, etc. is offered and paid for by company at request of employee where relevant

    Cons

    • Self-starters typically first, if not only, to succeed – must actively seek out opportunity, promotion
    • Can be very stressful work for uncertain amounts of time – I have worked in roles where the stress levels were high for months on end
    • Long term career progression not always clear – my path at the company has never been more than 6 months out (can be both good and bad)

    Advice to ManagementAdvice

    • Ensure large updates/changes are communicated to all offices
    • Consider paying a premium for outside hires in key, high-profile roles (not C-level)

    Recommends
    Positive Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FXCM

    Pros

    it is a great company

    Cons

    constantly growing company, must work hard to get your self notice

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Learned a lot

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FXCM

    Pros

    Publicly traded - Global operation - opportunity to advance

    Cons

    beuarucratic - Slow execution - slow operation - Mid level Management needs help

    Advice to ManagementAdvice

    Focus on the core business and not just what you thought worked in the past

    Approves of CEO
  7.  

    Accounting clerk

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FXCM

    Pros

    Good company, ceo is usually at the office and very friendly. Nice work environment

    Cons

    Underpaid- pretty much the only con I can think of.

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    High stress

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Service Representative
    Current Employee - Financial Service Representative

    I have been working at FXCM full-time (more than a year)

    Pros

    Good entry level pay bc of bonuses. 45k + $700-2k a quarter if you meet your goals.

    Cons

    Micro managed. Extremely stressful and little breaks to take a breather. Expect to not stop talking to clients for 8 hours straight.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Good working environment, excellent office and view

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Public Relations Associate in New York, NY (US)
    Current Employee - Public Relations Associate in New York, NY (US)

    I have been working at FXCM

    Pros

    Flexibility, trust, smart colleagues, sport activities after work

    Cons

    Low Salaries, slow mobility to advance to higher positions

    Advice to ManagementAdvice

    More professional development and better salaries based on people's experience and education

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Great Company To Start At

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

    I have been working at FXCM

    Pros

    Exposed to various facets of the business if showing a true interest. A great starting point to learn about the FX trading world if no previous experience.

    Cons

    Overnight hours are (were) mandatory for sales reps depending upon location

    Recommends
    Neutral Outlook
    Approves of CEO

Work at FXCM? Share Your Experiences

FXCM

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.