Interactive Brokers Employee Reviews

3.4
Overall rating
Based on 25 reviews
Ratings breakdown
55
47
38
23
12
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Found 24 reviews matching the search See all 25 reviews
1.0
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Stressful!
Specialist (Current Employee) –  ChicagoAugust 14, 2018
It's like working for a telemarketing company. No support, not tools to work with, poor training. New Accounts department is the worse, it's cut throat and stressful, also causes anxiety. They have no training manual and expect for you to learn everything overnight then work at the same pace as people who been there for 10 years or more. People don't get promoted but you are expected to work at a very fast pace. Numbers matter more than the quality of work. They give you free lunch so that you are glued to your desk.
Pros
free lunch
Cons
stressful environment and poor training
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1.0
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No advancement
Prime Brokerage Services (Former Employee) –  Greenwich, CTMay 14, 2018
Highly administrative tasks with focus on processes instead of results. High turnover in customer services. If you like micromanagement and stable job you will like it here but be prepared to earn low salary and be humiliated daily.
Pros
Free lunches
Cons
no breaks, micromanagement
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4.0
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Self Employed
Day Trader (Former Employee) –  Plano, TXApril 10, 2018
Buy and sell stocks daily (day trader), researched and analyzed stocks using different indicators, abreast of business news worldwide to minimize risk
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3.0
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Poor Leadership
Hedge Funds and Institutional Analyst (Former Employee) –  Greenwich, CTJanuary 31, 2018
Its a good place to start your career as you are constantly learning about the securities industry.

Poor leadership does not help the company culture; lots of red tape.
Pros
Great insurance.
Cons
Eating at your desk everyday
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5.0
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great place to work
QA Analyst (Former Employee) –  Greenwich, CTJanuary 22, 2018
- exciting use of technology
- fun work environment with great people
- diverse projects to work on
- casual work environment
- unlimited PTO
- challenging situations
Pros
great team
Cons
location
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2.0
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Lots of work
Compliance Analyst (Current Employee) –  Chicago, ILOctober 10, 2017
Lots of work! Often too much work to be done and they expect you to stay late. Truly they need to hire a lot more people, but seem to have a difficult time.
Pros
Job security
Cons
Breaks are discouraged
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3.0
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Good people but
Professional Services (Current Employee) –  Greenwich, CTJune 19, 2017
Good and supportive coworkers focused on processes rather than on results. Detailed oriented people highlighting mishaps is the way they teach. Overall you will learn a lot about the brokerage business every day.
Pros
free lunch
Cons
no breaks
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5.0
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Great Place to work
Supervisor (Former Employee) –  Greenwich, CTJune 18, 2017
Excellent firm to learn financial operations and wear many hats. New graduates will quickly learn all aspect of operations, company hierarchy in a fast paced environment.
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3.0
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very intense work enviroment
Professional Services Desk. (Former Employee) –  Greenwich, CTJune 12, 2017
Very intense environment.
Have to answer over 200 emails daily .
Have to answer phone queries from clients.
Contact stock exchanges for price adjustments on errors.
Pros
free lunches
Cons
No breaks, must eat lunch at desk.
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5.0
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Great platform for active traders
Day Trader (Current Employee) –  New Britain, CTJune 8, 2017
There's very little to complain about, other than the lack of vwap on charts. Being a day trader and having used several brokers, I can say IB is one of the best I've used. Cheap rates, good execution, and a lot of instruments to trade :)
Pros
Can trade nearly anything under the sun
Cons
No vwap on charts
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3.0
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Pretty much like working in a library
Application Developer (Current Employee) –  Greenwich, CTMay 6, 2017
They like to hire introverts, at least for programmers; there is a questionnaire in the interview. So there's not a lot of culture, and "chit-chat" is discouraged. Not generally cutting-edge tech, or particularly high coding standards.
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4.0
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Stable and secure environment
Application Programmer (Current Employee) –  Greenwich, CTMarch 9, 2017
* always busy, you never have to worry about not having things to do
* possible late night work when on call
* great and stable bonuses
* very friendly colleagues creating great environment
* little bit outdated software stack
Pros
compensation
Cons
vacation days
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3.0
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Simple job that gets boring quick
Customer Service Rep (Current Employee) –  Chicago, ILMarch 2, 2017
Great place to start a career or get your series 7 license but there is no room for growth. Most of your day is spent trying to teach clients how to use a computer. Pay is good and bonus is decent but don't expect any career advancement.
Pros
Free lunches
Cons
No room for growth. No challenge.
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3.0
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Great learning experience but lacked community
Analyst (Former Employee) –  Greenwich, CTFebruary 23, 2017
workplace is great, but the environment is very hostile. Favorite part of the day is lunch, but there is no cafe to eat in, only at your desk.
Pros
Free lunch
Cons
No breaks
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2.0
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Stressful
New Account Specialist (Current Employee) –  Chicago, ILFebruary 13, 2017
Environment is stressful, does not have a job work/life balance. Poor management and the company can improve. Is fast growing company but are not ready for the growth. There is job security.
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5.0
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Good Company
Software Developer (Current Employee) –  Greenwich, CTFebruary 2, 2017
Depending on your team IB can be an amazing place to work.
They have great pay and compensation with Stock bonuses.
Fully stocked kitchen
Paid lunch.
Flat management hierarchy
Company sponsored events.
Pros
Free lunch, GREAT bonuses
Cons
Vesting scales are quite steep
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2.0
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Very demanding place to work
Senior Accountant (Former Employee) –  Greenwich, CTJuly 8, 2015
This is a very results driven company, you will be compensated very well in salaray, bonus, stock, and even free lunch but there is no work life balance. Hours are long and they not very accommodating of life changes.
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4.0
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Great workspace and friendly
Brokerage Cashiering Associate (Current Employee) –  Greenwich, CTAugust 27, 2014
I love working here and with the right boss, everything seems to fall in place and in no time I wouldn't second question working for them again.
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5.0
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Good place to learn. Employee compensation is very good
Accounting Manager/Supervisor (Former Employee) –  Greenwich, CTAugust 8, 2014
The company is a fast pace environment. Typical day of work is very busy because the financial reports are due on a daily basis.
Co-worker are very good.
The hardest part of the job is to get everything done on time and with accuracy. Management is very demanding.
I enjoyed learning new things. The company kept growing during the time I work there.
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3.0
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Good, but old.
Senior Application Developer (Current Employee) –  Greenwich, CTMay 13, 2014
The methods they use are quite old and dont update to current market standards or needs.
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