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First Rate Exchange Services

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Toxic place to work. Avoid at all costs - Anonymous employee First Rate Exchange Services Employee Review

1.0
2 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There are none to name

Cons

The toxic management within this place is astounding. The amount of managers who nose their way into other people's businesses and not just within their own team but other teams as well and attempt to use certain information against these workers at a later date as leverage get what they want. Additionally if management finds out someone is struggling with personal issues they shame them for it and make them feel like it's their own fault rather than providing any type of support. Also management within this place is only after 'Yes men' and if anyone attempts to push back or go against the grain they punish them for it and try to manage them out of their role using any nefarious means they possibly can. Also all of these managers causing all these issues are all female and unfortunately most of management here are mostly female who are on a power trip and attempting to throw their weight around because they keep getting told no in their real lives so need to feel powerful by beating down on people at work, instead.

Explore other reviews about First Rate Exchange Services

4.0
24 Nov 2025
Recommend
CEO approval
Business outlook

Pros

It was great place to work

Cons

Salary wasn’t enough at the time.

2.0
8 Mar 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

1. Some good knowledgeable employees 2. Salary is as per market standard

Cons

The work culture is toxic and demotivating. There are many female management team members whose only job seems to just raise concerns and find the fault in hard working employees of different teams. Broken old system and procedures mean critical issues on almost regular basis. When issue happens, these management members will act as they really want to do the RCA or trend analysis but in reality , they just want to resolve it with a work around for that particular instance. When the same issue happens after few days or weeks, the same cycle repeated itself. Finger pointing to blame is common. The business technical functions heavily relies on few individuals who kept the knowledge to themselves. Business is making profit because of lack of real competitors in foreign exchange market.

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