OSTC Reviews

4.0

84% would recommend to a friend

(204 total reviews)

Mark Slade

95% approve of CEO

70% positive business outlook

OSTC has an employee rating of 4.0 out of 5 stars, based on 204 company reviews on Glassdoor which indicates that most employees have a good working experience there. The OSTC 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

204 reviews
1.0
25 Feb 2016

Good for low lives

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

You get to lose their money trading

Cons

Demand high calibre of people to join but those who are leave within weeks. Idiots stay. They also employ murder convict which gives an idea of standard of people

avatar
OSTC Response
10y
Any thriving company in the financial industry is sadly likely to have a handful of disgruntled ex-employees among those who don't quite make the grade. This appears to be one instance - although stooping to outright lies about OSTC employing a 'murder convict' is both unnecessary and libelous. Our traders do indeed get to 'lose' our money, given we are self-funding. We believe in recognising success and rewarding the brightest and the best. That is why we operate a performance-related pay system, so those who trade well and flourish get to keep a large percentage of their own profit, while those who do not will see an impact on their commission and bonus. You also recognise that we look for and employ high calibre people who we give a fantastic opportunity to train and become successful traders, of which we have many in all our offices globally. We are a tight knit bunch of hard working and respectful individuals and are therefore surprised and disappointed with your low level comments.
1.0
6 Apr 2016

A Market Maker disguised as a Prop

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- A higher risk ceiling than offered by other proprietary trading companies. - Choose your working hours - Base salary (Minimum Wage)

Cons

- A very negative attitude from management - Poor discipline throughout the company (A Manager assaulted another staff member during my tenure - Managers active ask employees to post bogus reviews on Glassdoor - Lack of aggregate financial/ risk knowledge

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OSTC Response
10y
Thank you for taking the time to post your review. We would like to highlight that the majority of your post is factually incorrect and as such does not prove a useful indication of our business to any reader. We would like to take this opportunity to wish you every success in finding a more suitable role.
2.0
29 Jan 2018
Recommend
CEO approval
Business outlook

Pros

Good salary to stay in the company

Cons

No training and huge costs. You will end up spending time in the company without being a trader anyhow as the company doesn't care if you make money or not. They want their volumes done from you. Eventually you will be a few years in the business where traders from other companies are skilled in making money and you know only how to do volumes. So outside OSTC you have no career.

avatar
OSTC Response
8y
Firstly thank you for taking the time to leave a review and note your positive comments in reference to salary. With regards to your comments on training, we believe that we do provide comprehensive formal training not only at the outset but throughout a trader’s career. We also believe first-hand experience in the markets is key to developing successful traders. Our model emphasises involvement in live markets from the early stages of training, encouraging traders to execute a high number of trades/volume so as to gain knowledge and understanding through practise. As an OSTC trader’s career progresses risk parameters expand. This affords Senior Traders more autonomy in their style of trading, short/long term position approach and position size.
Viewing 1 - 3 of 204 Reviews

Glassdoor has 216 OSTC reviews submitted anonymously by OSTC employees. Read employee reviews and ratings on Glassdoor to decide if OSTC is right for you.