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OANDA Reviews

Updated 26 March 2015
32 reviews filtered by
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2.3
32 Reviews
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Recommend to a friend
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Edmond Eger III
10 Ratings

Employee Reviews

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  1. 1 person found this helpful

    Software Engineer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Toronto, ON (Canada)
    Former Employee - Software Engineer in Toronto, ON (Canada)

    I worked at OANDA

    Pros

    Full of smart developers and great people to hang out with.

    Cons

    A couple of their applications have old codebases that are a pain to work on.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. Good people and enjoyable working environment but lack of quality assurance from top to bottom

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at OANDA

    Pros

    Relaxed, laid back style of headquarters for a brokerage firm. More of a tech company than brokerage.

    Cons

    Lack of infrastructure in relative terms but inability to change and adapt to keep up with competition but seems its reputation continues to hold up

    Advice to ManagementAdvice

    Reputation management is key and with one that is already regarded highly, all necessary growth may be reliant for company to create the infrastructue and communication lines on both horizontal and vertical levels

    Neutral Outlook
    No opinion of CEO
  3. Horrible place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Toronto, ON (Canada)
    Former Employee - Anonymous Employee in Toronto, ON (Canada)

    I worked at OANDA full-time (more than 3 years)

    Pros

    Once a great company. Some very talented people working there but the talent is dwindling. Free lunch a couple times a week I guess is the best pro.

    Cons

    Management unfit for their positions. Very abrasive, rude and self entitled leaders if that's what you call them. Status is more important to senior management than the team working for them.

    Advice to ManagementAdvice

    Support your employees!!!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 1 person found this helpful

    Making it up along the way

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at OANDA full-time (more than 3 years)

    Pros

    Good company that has had a series of management changes at the top. Hopefully they will course correct and steer the ship in the right direction in the future

    If you have a good idea, there are ways to get it into production / reality

    Cons

    politics like any other company. A bit top heavy. Need more 'leaders' and fewer 'managers'

    Advice to ManagementAdvice

    Focus more on what the customer wants, and less about 'innovations'

    Recommends
    Positive Outlook
    No opinion of CEO
  6. 2 people found this helpful

    Nothing to see here, move along

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at OANDA full-time (more than 5 years)

    Pros

    This company is very open minded in terms of technology. Its academic roots foster creativity.

    Cons

    You will almost certainly not get ahead here unless you are an old friend of management. Salaries are firmly middle of the road, benefits are very basic and after multiple changes in administration and rounds of layoffs, the staff is demoralized and management is isolated and confused.

    The very small group that occupy the core of this company and stand to gain from the long-awaited hockey stick in the profit graph and the resultant IPO have stood before us and said, with absolutely straight faces, that getting a job at Google is a bad idea.

    Advice to ManagementAdvice

    There is no risk of OANDA's management accepting advice.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 2 people found this helpful

    terrible company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at OANDA

    Pros

    some intelligent people. Cool office.

    Cons

    management not smarter than employees - please take a pay cut if you are worth your value

    Advice to ManagementAdvice

    cut your pay if you truely think this company will grow....otherwise you are just milking it because you know you won't get paid the same elsewhere

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. Overall a good place to work at

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at OANDA full-time (less than a year)

    Pros

    People are great, free snacks and coffee

    Cons

    many changes going on in the senior level, poor communication

    Advice to ManagementAdvice

    they really need to find out what is the most important thing to the company and employees; and be organized

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9. 3 people found this helpful

    Headed for failure

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations in Toronto, ON (Canada)
    Current Employee - Operations in Toronto, ON (Canada)

    I have been working at OANDA full-time (more than 3 years)

    Pros

    Free drinks and lunch. That's about it. I am really having a hard time thinking of anything positive to say about this operation.

    Cons

    Management is highly incompetent, poor decision making, even worse leadership. There is a major disconnect between departments. Hard work is not rewarded. Also close to 40% of the company was laid off in 2014.

    Advice to ManagementAdvice

    Thanks for ruining what was once a great company.

    Advice to anyone thinking of working here - look elsewhere.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 1 person found this helpful

    A company in decline headed for bankruptcy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Toronto, ON (Canada)
    Former Employee - Anonymous Employee in Toronto, ON (Canada)

    I worked at OANDA full-time (more than a year)

    Pros

    lots of food and beverage and some party perks that are not appreciated by staff based on comments to the person who arranges food/beverages

    Cons

    Management worst I have seen like to promote from within which is great if within has any talent they don't huge issue between software company or financial company engineers think software rest think financial. Money when profitable (not in any month in 2014) comes from being a trading company not from selling software which sounds like a financial company to me? Two rounds of downsizing so far in 2014.

    Advice to ManagementAdvice

    find a buyer or close shop current plans require massive expense cuts (30%) and market good not great market performance to break even. Do you need engineers when cheaper 'coders' from college can likely be more productive in most positions.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. Great people, management not great in some places

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at OANDA full-time (more than a year)

    Pros

    Free drinks and lunches and snacks. The people are great and historically, OANDA has been really good at keeping talent and treating their people well.

    Cons

    A significant amount of volatility in the company and almost no career growth opportunity within the customer service department. There is definitely a cultural divide and this causes many misunderstandings

    Advice to ManagementAdvice

    Find out who the valuable people are and trust them.

    Recommends
    Neutral Outlook
    Approves of CEO

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