ACT Commodities - Toxic environment - proceed with caution | Glassdoor.ca
  1. Helpful (2)

    "Toxic environment - proceed with caution"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Controller 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at ACT Commodities full-time for more than 3 years

    Pros

    Great place to make money if you started early and got a decent slice of the customer pie. The company weekend is fun too. Good place if you have no experience and just graduated college.

    Cons

    Success will highly depend on your manager and how much you're willing to put the effort in making cold calls without one of your colleagues cannibalizing your margin. Limited liquidity in the market and the products are highly influenced by political agendas so it's definitely not your typical trading environment. Overall it's a frat-house type work environment that can be toxic at times. There is a non-compete agreement you will be signing and they have enforced it with employees in more than one office location in the past, so don't expect to use anything you learn at ACT somewhere else.

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    ACT Commodities2019-11-27

    ACT Commodities Response

    December 9, 2019Corporate Recruiter

    Thank you for taking the time to express your feedback. We are sorry to hear that your experience did not lead to a positive recommendation. At ACT we strive to be a great work environment for everyone and feedback helps us to improve this on an ongoing basis. We wish you the best of luck in your future endeavors.

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Other Employee Reviews

  1. "Exciting time to be at ACT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - N/A in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Supportive senior leadership. A lot of room to develop and show your entrepreneurial spirit. Fun environment. Definitely a place that I'm pumped to go to every day.

    Cons

    None at this time

    ACT Commodities2019-08-27

    ACT Commodities Response

    September 6, 2019Corporate Recruiter

    Thank you for taking the time to share your positive experience with ACT! We are happy to hear that you enjoy ACT and the culture/environment.

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  2. Helpful (11)

    "High pressure phone sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook

    I worked at ACT Commodities full-time

    Pros

    Happy hours and team events if we hit monthly targets. Can make a very good bonus - but most good markets/clients are already being managed by someone else.

    Cons

    High pressure sales job with a lot of cold calling. Call stats are tracked. Little career and skills development as the job scope is limited and narrow.

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    ACT Commodities2018-05-08

    ACT Commodities Response

    May 14, 2018Corporate Recruiter

    Thank you for your feedback. The entrepreneurial nature of the Sales Trader role includes prospecting, which is a core part of how our sales traders build their business. I’m sorry to hear that the career development opportunities didn’t meet your expectations. As part of the trainee program that every sales trader goes through, we offer sales training, negotiations training, call reviews, private sales coaching, and access to a personal coach. All feedback is important to us and we appreciate your thoughts.

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