An extremely Dysfunctional and Disillusioned organization. - Anonymous employee FXCM Employee Review

1.0
20 Jan 2013
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There are no positives about working for this company. At one time they had an HR team that would try to help employees but since they fired the entire team and hired a replica of themselves, there is no reason to take a job with this company other than padding for your resume.

Cons

-Nepotism runs rampant in this company i.e. family members report to each other. -Promotions are based upon how much kissing up you choose to do. -Management team is inexperienced with no business skills other than what they learned from the partners. In other words...the blind leading the blind. -Management is through intimidation and threats of termination. -Ownership refuses to see that there are internal problems that start with the partners. -Management is out of touch with compensation (salary, bonus, benefits) in the industry. Starting salary for certain positions hasn't changed in years. -They want the "cream of the crop" but pay "bottom of the barrel" wages.

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FXCM Response
13y
Thank you for taking the time to provide feedback on your experience working at FXCM. We greatly value the opportunity to utilize this information constructively so that we may capitalize on the positive and work on areas that may need improvement. We can assure to anyone reading this review that we do pay attention to these comments and do not take the feedback lightly. We care about what our employees think and are consistently working on the continued improvement of our work environment. Here are a few highlights of the efforts made in the past year to improve on areas mentioned in this review: • Instituted company-wide management training for recently promoted managers. This program ensures that our new management talent is qualified and prepared for the important role of leading a team. • The leaders of the organization continuously seek feedback on the work environment. We regularly solicit feedback from employees via focus groups, anonymous surveys and an open-door policy. The Founders of FXCM personally review the information gathered from these mediums to address areas of needed improvement. • External data benchmarking is being utilized to ensure compensation is competitive at all levels. Again, thank you for providing his helpful information. Our goal is to assure that attention is paid to any areas of concern, and your feedback is being taken into careful consideration.

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1.0
31 Mar 2026
Anonymous employee
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CEO approval
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Pros

Fast paced, some interesting people

Cons

Management changing their minds all the time and there is no strategy

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