FXCM Reviews

Updated 23 April 2015
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3.3
141 Reviews
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Recommend to a friend
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FXCM CEO and Director Drew Niv
Drew Niv
76 Ratings

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 Pros and Cons

Employee Reviews

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  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)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

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

  2. Currency Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - CURRECY ANALYST in Jersey, NC (US)
    Former Employee - CURRECY ANALYST in Jersey, NC (US)

    I worked at FXCM (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - Hours were flexible and micro managing was limited.

    Cons

    There were little to non team building activities.

  3. Junior Trader

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Freelancer - Anonymous Freelancer in Monterrey, Nuevo León (Mexico)
    Former Freelancer - Anonymous Freelancer in Monterrey, Nuevo León (Mexico)

    I worked at FXCM (More than a year)

    Pros

    Highly profitable, be your own boss

    Cons

    Stress, highly demanding, sleep less hours

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    Compliance Associate

    • Senior Management
    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FXCM

    Pros

    Interesting, challenging work, great team

    Cons

    high volatility, regulations constantly changing

  6. Client Relationship Manager and Institutional Sales

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

    I worked at FXCM full-time (More than a year)

    Negative Outlook
    Approves of CEO
    Negative Outlook
    Approves of CEO

    Pros

    Public company, Largest between competitors, Access to best pricing

    Cons

    Bureaucratic, politics, no communication between departments

    Advice to Management

    Focus on what's important

  7. Intern Program

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FXCM

    Pros

    It is a great company, very professional.

    Cons

    No bad comments about this company

  8. Good company with caring management

    • 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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good place to learn FX
    Managers are really caring to their subordinates, and they are willing to teach/share with us

    Cons

    there are limited upward mobility

  9. FX trading

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FXCM

    Pros

    Gain a lot experience with FX

    Cons

    Shift duty, and lowest pay

    Advice to Management

    good

  10. A great starter job.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FXCM

    Pros

    The environment is relaxed, but the employees are still driven. The benefits are very good, especially compared to other companies' benefit plans.

    Cons

    The company is full of relatives of management or their friends. There are very few opportunities for growth. Salary is below average.

    Advice to Management

    Don't give certain employees what they want just because you want to make them happy; other employees have to deal with the aftermath.

  11. Once Great Company Working Hard to Fail

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

    I worked at FXCM

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Get to learn a lot about the Forex Market
    Opportunity to learn about different departments and gain new skills

    Cons

    Company no longer cares about their employees
    Promotions/Bonus structure is highly biased and subjective
    Management hasn't learned to "manage" and don't take responsibility for their short-comings

    Advice to Management

    Purge management and start over. Things can't get better if you don't fix the root of the problem.

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