MONEX Reviews

3.7

59% would recommend to a friend

(123 total reviews)

Héctor Lagos Dondé

90% approve of CEO

61% positive business outlook

MONEX has an employee rating of 3.7 out of 5 stars, based on 123 company reviews on Glassdoor which indicates that most employees have a good working experience there. The MONEX employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

123 reviews
4.0
Nov 14, 2018
Recommend
CEO approval
Business outlook

Pros

Monex is overall a great firm to work for & a leader in the FX brokerage industry. The company is perfect for a driven (ie: money hungry), ambitious sales rep. A few of the pros: - Very good & comprehensive sales training - You have the potential to make a tremendous amount of commission - Insurance policy is generous - The company rewards employees who perform well - Office is in a great location - Everyone in the Toronto office is generally nice & fun to be around - Great opportunity to grow with the organization as they've recently expanded to North America

Cons

This job is an absolute grind & I would only recommend it to people who are dead set on getting as rich as possible. My reasons are as follows: - FX is an extremely tough industry to sell in without eliminating your profit margin or morals - Product is the exact same as every other competitor - You need to work very long hours (7:45am-5:30pm bare minimum) to be successful - Starting salary is meh - You probably won't be good enough at your job for at least a year to earn a dime of commission (but has the potential to ramp up very high very quickly) - Job is almost 100% cold calling - Most staff & operations are currently based in the UK, which makes for some large challenges. This is being addressed though & likely won't be an issue in the future

Viewing 1 - 3 of 123 Reviews

Glassdoor has 279 MONEX reviews submitted anonymously by MONEX employees. Read employee reviews and ratings on Glassdoor to decide if MONEX is right for you.