Proceed with caution - Project Manager OANDA Employee Review

1.0
Apr 21, 2021
Recommend
CEO approval
Business outlook

Pros

There's some genuinely nice/interesting people who work at this company.

Cons

Most of the positive reviews on here are fake. Our HR department puts up fake reviews to bolster our well-deserved 2.4-2.7 rating to a 3.4. This is not a 3-star company. This is certainly not a 3.4-3.5-star company. This is the sort of company you work for when you've exhausted all other options, or your resume is lacking in work experience. Anyone worth their salt who falls into this companies' orbit will start planning for their exit shortly after being hired. You'll have one of two experiences at OANDA, you might be a doer or a sitter. If you're a doer, your role encompasses 3-4 roles, tough luck, you’re going to be underpaid and underappreciated. If you're a sitter, you hit the jackpot, that is if you don't have self-respect, career objectives - or care about how this company makes money or divides work amongst its employees. Spoiler alert, if you’re an engineer or developer you’re probably a sitter as you can get away with working an hour or two a day. Don’t worry, the people who manage you aren’t technical in anyway and have no idea what you do. You’ll be shocked a few weeks in when you learn this is in fact a profitable well-established company (30 years in the business) and not some VC backed startup. You might even start questioning yourself why everything you work on seems like it’s amateur hour. The answer is attrition, people who own the process don’t stick around long enough to maintain it. If you’re semi-established in your career and care about how companies make money and people are treated, hold on, another job offer will come, you can do better. This is a post VC acquired vulture pit where your job can be done by someone younger, cheaper, and likely not in the same country as you. It might seem like a great place to work for those in Poland, where most of our workforce now lives, but remember there is somewhere even cheaper than Poland to hire people. OANDA has no commitments to people or culture, it has commitments to capital and capital will determine where and when the next office is closed and opened.

Explore other reviews about OANDA

5.0
Apr 18, 2025
Recommend
CEO approval
Business outlook

Pros

Food is free during breaks

Cons

Bias with new workers doing grunt work

1.0
May 8, 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They are a global presence and one of the most regulated brokers around, one of the financially strongest too. They do have a very generous 25 days of leave and good employee benefits. Plus your colleagues there are really a fun bunch to be around.

Cons

Because of their flat structure, they don't have a proper career path for you to progress on. You just work and have little metrics to gauge whether you deserve a promotion and even then, there are few positions to get promoted to. You get randomly shifted around from your initial duties you signed up for. They have one of the worst spreads around and participate in very dirty tactics to make money from clients. They would prefer to take care of clients rather than employees.

18
See reviews by: Helpful|Rating|Date|All