Met Group Reviews

3.7

70% would recommend to a friend

(24 total reviews)

Danny Kessler

88% approve of CEO

58% positive business outlook

Met Group has an employee rating of 3.7 out of 5 stars, based on 24 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Met Group 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

24 reviews
1.0
12 Oct 2015
Recommend
CEO approval
Business outlook

Pros

None to elaborate on at all!!

Cons

Basically the whole business model is made to take advantage of graduate 'traders', relying on these graduates completing a high volume of trades to make the company commission. You, will probably only realise this after about 3 months when the manager is on your back for not trading enough (multiple people were fired who were profitable traders but didn't trade enough to warrant a trading screen, when the company could get 5 more naive Graduates from the next batch to take their place). The strategy they teach you is not a strategy that works in the markets, it's a simple as buy low and sell high, whilst you look at a curve on Excel, using barely any information on the actual market. You won't earn any money for at least a year and after that you'd be lucky to take home £500 a month. Your desk fees are ridiculous and you are unlikely to ever cover them as they start in your second month in which you trade such an insignificant size you couldn't cover the fees. You also get overcharged to trade, so basically the firm make money where as your account is down because of this made up round trip cost (basically the cost of getting in and out of a trade). In essence this will be a massive waste of your time. I know many people won't take notice of this review but I wish I had before I joined.

1.0
22 Sept 2015
Recommend
CEO approval
Business outlook

Pros

After a few months of long hours and tedious tests you might learn a thing or two, although probably not how to trade futures

Cons

Once you get past the little tantrums (there is a lot) and about 10 motivational speeches about Thatcher you will start to realise what Met's all about: A big commission making machine (BTW you won't see a penny of it), using naive grads to make some extra cash. Probably after the 5th time you've been forced to trade and hit your quota you will start to question why you are there. Once you've stopped kicking yourself for wasting a few months of your life, you will leave (as everyone does), go to a normal company and joke about how you once worked at Met Traders.

1.0
31 Mar 2016
Recommend
CEO approval
Business outlook

Pros

The only pro I can think of is watching how the market reacts to news but again you can do that by joining a free internet platform.

Cons

Work 12 hours per day. No money after 6 months there. They hire you as self-employed in order not to pay taxes and insurance but still they force you to work there 12 hours per day. No bank holidays. You are treated with the worst way possible and the manager makes fun of you with every chance he gets. Potential of earning 1000£ per month is after AT LEAST A YEAR. Lied about salary(there is no salary)

Viewing 1 - 3 of 24 Reviews

Glassdoor has 34 Met Group reviews submitted anonymously by Met Group employees. Read employee reviews and ratings on Glassdoor to decide if Met Group is right for you.