Currency Solutions Reviews

-The salary is very poor compared to the rest of the industry -The hours are longer than a lot of other places in the industry, as you are expected to work 8-6pm minimum and then generate leads on weekends -The bonus payouts are very poor. They move the targets around so that they can pay out less money. -The seniors are rude and unwelcoming as they probably see about 50 employees come and go every few months -There is asymmetry of information between the internal recruiters and management... what the recruiters tell you about salary/bonuses/working hours etc. is not even true -Targets are ridiculous and nobody meets them (I saw 1 person reach their monthly target in 8 months) -They offer 'institutional prices' which are 'better than Inter-Bank' in order to draw a client in then widen them out over time -It is like being in the army as the breaks are regimented at specific times and if you are not back on the phone 1 minute into your work time someone will comment -They blast bloomberg news very loud so you can hardly hear yourself think -You have to wear a tie and suit even when it is 30 degrees -New juniors were coming in every month and some would literally leave after 1 day of work. -2 toilets between 40 people -2 microwaves between 40 people -Kitchen is filthy -A whole sales team and its manager got made redundant at the end of a day due to performance... but there is no guidance on how to achieve your targets better - just comments asking why you are so far off

If you are a junior, you won't make any money, the seniors are so bad, they won't close anything for you, they have no idea what they are doing. The corporate boss Roshel is completely deluded, he thinks his company is exceptional and no one can compete, I have been at other companies since, and CS are a laughing stock. Tier 2 brokerage at a long shot, can't offer 0% on forwards, charge for wire fees, only have one provider for currency, and not too clued up on what the market is doing/going to do. Although the training is good, it lacks on product knowledge, they don't tell you how it all works for the first few weeks, and you don't ever find out things like forward points, market orders, window forwards etc. When they do finally tell you how they do it (and they also tell clients this) they tell you its a p2P system that they have perfected.... In truth they buy everything from RBS. Highest employee turnover I've ever seen. Most young apprentices, who get 2 weeks pay taken if they are late. Although the contract is so badly written you will get it back eventually. Every time they hire apprentices, they get 25, and keep about 4. In all honesty there is only one guy who earns good money (Relative to FX brokering) and that's because he has one huge account that trades every month, even he says he was lucky. Other things are small things that really annoyed me and are just plain stupid. You can't talk to other people who have left or been fired otherwise you will be fired. And also you can't go out for drinks with colleagues. Unless if its a company party which are decent to be fair. Overall, if you grit your teeth and put up with the awful management from Roshel, and you are decent at your job, you may make some money, but never pass leads to seniors, just do it yourself, you are probably better than them anyway. But to be honest if you are good enough at your job, go someplace else, tier 1 brokerages are harder to get into, but I definitely much prefer the way everything is done where I work now tha at CS.