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Currency Solutions

Is this your company?

Thought it was just the industry, but where I am now is heaven compared to CS - Anonymous employee Currency Solutions Employee Review

2.0
26 Nov 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Very very good training, lasts about 3 weeks, and they really get you up to scratch, as long as you are willing to learn, you will be taught. The training I received at CS has helped me so much in jobs and life situations since. The guys I started with were pretty cool Some of the seniors are alright to speak to For this industry, 8:30 until 5 is short hours.

Cons

If you are a junior, you won't make any money, the seniors are so bad, they won't close anything for you, they have no idea what they are doing. The corporate boss Roshel is completely deluded, he thinks his company is exceptional and no one can compete, I have been at other companies since, and CS are a laughing stock. Tier 2 brokerage at a long shot, can't offer 0% on forwards, charge for wire fees, only have one provider for currency, and not too clued up on what the market is doing/going to do. Although the training is good, it lacks on product knowledge, they don't tell you how it all works for the first few weeks, and you don't ever find out things like forward points, market orders, window forwards etc. When they do finally tell you how they do it (and they also tell clients this) they tell you its a p2P system that they have perfected.... In truth they buy everything from RBS. Highest employee turnover I've ever seen. Most young apprentices, who get 2 weeks pay taken if they are late. Although the contract is so badly written you will get it back eventually. Every time they hire apprentices, they get 25, and keep about 4. In all honesty there is only one guy who earns good money (Relative to FX brokering) and that's because he has one huge account that trades every month, even he says he was lucky. Other things are small things that really annoyed me and are just plain stupid. You can't talk to other people who have left or been fired otherwise you will be fired. And also you can't go out for drinks with colleagues. Unless if its a company party which are decent to be fair. Overall, if you grit your teeth and put up with the awful management from Roshel, and you are decent at your job, you may make some money, but never pass leads to seniors, just do it yourself, you are probably better than them anyway. But to be honest if you are good enough at your job, go someplace else, tier 1 brokerages are harder to get into, but I definitely much prefer the way everything is done where I work now tha at CS.

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Currency Solutions Response
11y
Thank you for taking the time to write the post. Your feedback is appreciated and has been taken on board. We are really glad to hear that you enjoyed the training process and that it even helped you land a job elsewhere. Due to the competitive nature of our industry, our clients expect the highest levels of standards and professionalism. We are constantly committed to delivering on these and this is reflected in our hiring and training process. As mentioned in the interview stages to become a fully qualified broker at Currency Solutions every employee has to go through a yearlong training program. During this time industry experts in the respective fields will teach candidates everything there is to know ranging from the FX markets, sales, back office, compliance, options and most importantly how to service clients to the highest standards. Even though the academy is very difficult, the hours long, highly competitive and very hard to get into unfortunately not everyone will be successful at the end of it and very few get picked for the senior role. It is a great way to get into the industry and to understand how it all works fully but is not for the faint hearted. If you are the lucky few who make it to the senior role then you career ahead of you is long and prosperous. Thank you for your post once again and I wish you the very best in the future.

Explore other reviews about Currency Solutions

4.0
9 Mar 2025
Recommend
CEO approval
Business outlook

Pros

I really liked my bosses/managers, they were very supportive and very understanding. The people are nice.

Cons

A lot of pressure in the role, so it isn't for everyone, so there's a high turnover but its a tough role, and quite technical. Salaries are low, especially for London. You don't get many breaks, its very strict and intense. The company is good, but the actual role I found very difficult.

2.0
1 Jun 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They pay you on time

Cons

The CEOs and leadership could be the least professional people to ever exist.

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