employer cover photo
employer logo
employer logo

FIRMA Foreign Exchange

Is this your company?

Business Development Associate - Business Development Associate FIRMA Foreign Exchange Employee Review

1.0
7 Dec 2018
Recommend
CEO approval
Business outlook

Pros

Great team, people are very polite and friendly. - Good material support, whenever BDA needs to meet with potential prospects the company will cover lunch and transportation, they will buy tickets for trade shows and networking events. - Great health and insurance benefits (you have to pay for it) - If you are lucky and you build up your book of business you will get good salary but you need to put several years into it and the competition is very strong And that's about it what is good about this company. More cons than pros

Cons

Hmm, where should I start? If you can you should definitely avoid this organization. - More than 5 people were fired since I started working (I was there for 7 months) - When I was fired I had to go back in the office where everyone is and pick up my stuff right away, very very unpleasant experience, I did not have time to get myself together and it was really embarassing because people started asking questions - The environment is like in a boiler room, they make you do cold calling 80+ people per day and it is very stressful environment because no one likes cold calling in the office and you will ALWAYS do cold calling, even if you get promoted and you are with the company more than 5 years - When I was hired sales target was 3 clients every month and then they increased to 5 (very hard to get) - You are selling to SME and your pitch is the service and better rates that Firma provides but once the client does a couple of trades they raise their rates (complete scam) - It is very hard to learn something useful because all you do is cold calling and it is very hard to get promoted because they ONLY need people who will sell the service I can write more things but I think everyone will get the point by now.

Explore other reviews about FIRMA Foreign Exchange

5.0
21 Nov 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

the people and earning potential are great

Cons

have to grind it out in the beginning

1
5.0
7 Oct 2015
Recommend
CEO approval
Business outlook

Pros

I'm coming up on 4 full years at FIRMA as a Corporate Trader and I could not be happier. There's no question that this job can be stressful and takes a lot of hard work but the rewards are endless if you can tough it out. Head office is extremely helpful and I get all the support I need from my on site managers. They have a Flight Plan for high performers so there is also room to grow if that's the direction you wish to take.

Cons

There are slightly above average turnover ratios but that is simply because the positions here are highly challenging and require extremely high work ethic and dedication to the process. If you can bring that, you will succeed. The organization is growing tremendously and wants to get the most out of its people.

4
See reviews by: Helpful|Rating|Date|All