OANDA Reviews in Toronto, ON

Updated 29 July, 2014
Updated 29 July, 2014
24 Reviews
2.4
24 Reviews
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Edmond Eger III
5 Ratings

15 Employee Reviews Back to all reviews

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  1.  

    RE: The Truth from a Marketing Employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Graphic Designer  in  Toronto, ON
    Current Employee - Graphic Designer in Toronto, ON

    I have been working at OANDA full-time for more than 3 years

    Pros

    • Some of the smartest people I ever met.
    • Correction (There is no lunch twice a week for quite some time now.)
    • Breakfast Mondays, Dinner Tuesdays, Lunch Wednesdays
    • A lot of perks, you can view them in our recruitment site.

    Cons

    It's too bad some people feel so negatively about management in the marketing team. I can understand some individuals are frustrated about their managers, however there are no perfect work environments.

    Just a note to the individual who claims to be a current employee. There are a few points you have mentioned in your review that tell me that you have not worked here within the last 6 months. Please do not post that you are a current employee. It makes the current team look bad.

    Advice to ManagementAdvice

    Currently our managers do work to get the best experience for us to the best of their ability while also managing their everyday responsibilities.

    It is unfair to the managers and to the reader to be misinformed. Our managers ARE able perform.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    The Truth from a Marketing Employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing  in  Toronto, ON
    Current Employee - Marketing in Toronto, ON

    I have been working at OANDA full-time for more than 3 years

    Pros

    free lunch twice a week
    not much else

    Cons

    Have you ever worked in a place where your manager was COMPLETELY CLUELESS? Welcome to Oanda's marketing team. Don't let the LinkedIn profiles fool you either, there's no 'Director-level' skill here. The sad part here is that I'm not even trying to be mean. When your creative director pulls out a ruler to measure pixels, you've got a SERIOUS problem!

    Advice to ManagementAdvice

    Go find a new job, one where you actually can contribute instead of holding the team back with your astounding level of ignorance.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Intern decent perks, fun people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Developer  in  Toronto, ON
    Former Employee - Software Developer in Toronto, ON

    I worked at OANDA as an intern for less than a year

    Pros

    for the most part people are friendly and open.

    Cons

    recent layoffs, perks diminishing

    Recommends
    Negative Outlook
    Disapproves of CEO
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  5. 2 people found this helpful  

    Awesome job out of college, but not more

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer  in  Toronto, ON
    Former Employee - Software Engineer in Toronto, ON

    I worked at OANDA full-time for more than 3 years

    Pros

    Depending which team you join, you'll learn a lot. Culture under Michael Stumm used to be awesome. But I hear it is changing now.

    Cons

    Unless you do something really extraordinary, like have a smoke break with management, there is really no way to grow. Many people feel unappreciated despite putting long hours to execute the company vision. Thus getting recognition and raise is almost impossible.

    Advice to ManagementAdvice

    In technology business, your staff is your biggest asset. There are a lot of smart people in OANDA don't treat them like they are stupid.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    Extremely disorganized

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

    I have been working at OANDA full-time

    Pros

    It was great under Michael Stumm. Flat structure and work used to get done quickly and efficiently. Free lunch once a week.

    Cons

    We have a new CEO and he's ok so far. K Duker is still hanging around after the transition period and no one knows what he is doing even though he dishes out work and chimes in once in a while on emails. Also not sure what the interim CFO is up to as he is getting most of his buddies involved with the company. A lot of the employees are disengaged and there are no clear steps that will be taken to achieve the unrealistic task of doubling revenue this year.

    Advice to ManagementAdvice

    It is great to set high goals but please let the employees know how these goals will be achieved. At this point, an IPO is nothing but wishful thinking.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 2 people found this helpful  

    A good company gone bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer  in  Toronto, ON
    Former Employee - Software Engineer in Toronto, ON

    I worked at OANDA full-time

    Pros

    Good environment and friendly people. If there is one team that I would recommend joining, it would be the mobile team. It's awesome participating in hackathons and other social events. Free lunches twice a week.

    Cons

    There are more managers, Directors and VPs on a project than actual developers who can do the work. I hear the company went from a very flat structure to another extreme. I also can't say people are passionate about their work. It seems many are there to do their day-to-day job without putting in any extra effort. Good luck dealing with HR, it's all about pleasing the agencies. I see lots of pain and transformation for this company if it has any chance of succeeding.

    Advice to ManagementAdvice

    The targets for the year are unreal and everyone knows that. Sr. Management has not explained how is it even possible to achieve them for two years in a row. Get some good recruiters and stop using agencies and contractors. There is no culture of transparency at all.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 5 people found this helpful  

    i will tell you what is actually happening here

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

    I have been working at OANDA full-time

    Pros

    rock-solid technical infrastructure, well-oiled money making machine 24/7, the money machine is so well tuned that it's almost impossible to break it

    Cons

    new incompetent senior management team, i.e. K Duker and the suckups, who don't actually know anything about the business. glad they are finally being fired by the board. hopefully the new CEO can patch the wounds. yet to be seen.

    Advice to ManagementAdvice

    It took 10+ years of financial research and hard core software development to get the machinery to be where it is now. Even the incredibly incompetent K Duker was unable to destroy it. But he did manage to drive away, with his relentless BS, a lot of core employees who made the place what it is today.

    So, new CEO, don't pretend to know what you don't know like K did, and listen to your employees, because some of them know way more about FX marketmaking business than you do.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 3 people found this helpful  

    A mixed bag of an experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer  in  Toronto, ON
    Former Employee - Software Engineer in Toronto, ON

    I worked at OANDA full-time for more than 3 years

    Pros

    There are lots of smart, collaborative employees at OANDA. You are given a lot of autonomy and you can choose how you want to approach problem-solving since there are no prescribed methods. This also means, you are free to learn about and concentrate on subjects that interest you.

    Cons

    They are extremely disorganized. The management are poor communicators and it seems being aggressive and un-collaborative are prerequisites for becoming a manager. While most employees are great, the management makes it a very bad place to work.

    Advice to ManagementAdvice

    Lead by example, not with words. No more talk about world-class, just be world-class. Stop putting incompetent, aggressive jerks in management; it ruins the culture and the work environment. People need to have respect for their leaders to do their best work.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10.  

    Time for a change

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

    I worked at OANDA full-time for more than 3 years

    Pros

    Company had brilliant developers, a great product.

    Cons

    environment was isolating and unforgiving

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Interesting Business Model; Technology-Driven Company

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

    I have been working at OANDA full-time for more than a year

    Pros

    Collaborative work environment. Tremendous reputation in the industry. Lots of really gifted people, especially developers. Freedom to work in your own style. No silly rules about dress code or face time.

    Cons

    There have been major changes in senior management since I left so this may not still be true, but there was a lack of transparency, communication and process that could make it a frustrating place to work. They tend to be stingy and inconsistent with compensation. Half the company is developers so the whole place is very engineering-focused. It can feel like the tail wagging the dog sometimes.

    Recommends
    Positive Outlook
    No opinion of CEO

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