CMC Markets Reviews

Updated 28 Jul 2020

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3.0
47%
Recommend to a Friend
67%
Approve of CEO
CMC Markets Executive Chairman  Peter Cruddas
Peter Cruddas
40 Ratings
Pros
  • "Good work-life balance, Relaxed environment,(in 18 reviews)

  • "there are nice and good people around all business units (globally)(in 9 reviews)

Cons
  • "No career progression, Low salaries(in 12 reviews)

  • "Senior Management prioritises on UK far too much, sometimes forgetting other territories being also important(in 5 reviews)

More Pros and Cons
  1. Helpful (1)

    "A fantastic 4 years, wish I had stayed more"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - MLRO in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at CMC Markets full-time for more than 3 years

    Pros

    Heavily invests in technology. The majority owner and CEO is always in, talks to everyone on the floor, approachable. Not a lot of turnover. International outlook. Tone from the top on compliance and regulatory matters was very good. The CEO listens. Salary was very competitive in my field, and I received shares in the IPO.

    Cons

    A lot of former employees on here have mentioned lack of career progression, however this is a medium size company and moving vertically is not really easy, not many senior management roles available. Having said that I have seen plenty of examples where individuals progressed, including the DMLRO who became MLRO on my recommendation; the current CFO was promoted to the role; sales head who became head of German office... if you put yourself forward, they will back you. It is a little old school (eg flexi working is not encouraged) but this is changing. I was personally allowed to work 2 days a week from home.

  2. COVID-19
    Helpful (13)

    "Shameful leadership from the top"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Operations Manager in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at CMC Markets full-time for more than 3 years

    Pros

    Company has growing revenue and share price.

    Cons

    All you need to know about working at CMC is epitomised by the CEO's demand that staff return to the London office during the current Pandemic. At best, the company culture wins the "least progressive in the City" award, at worst the company is run by an out-of-touch billionaire who is deeply cynical and suspicious of his staff and is willing to put them at risk so that he can "see" them working. All this when the company has had a record year and made record profits . Threats that our jobs will be outsourced "up North" if we don't return to the office was the nail in the coffin for many us who had worked so hard for the company whilst enduring the hardships of lockdown on life and family life. It could be a great company to work for with the right leadership, but is one to avoid until there's a change at the top.

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  3. "Amazing place to be"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Trading Applications Support in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CMC Markets full-time for more than a year

    Pros

    High salaries, Good career development, Engaging atmosphere

    Cons

    The field of financial trading can sometimes be demanding

  4. Helpful (1)

    "Very good company"

    4.0
    Current Employee - Manager 
    Approves of CEO

    I have been working at CMC Markets full-time for more than 8 years

    Pros

    Excellent company to work for and always gives you the opportunity to express yourself

    Cons

    Pay is decent, however remuneration could be better.

  5. "Genuine people and values"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Product Manager in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CMC Markets full-time for less than a year

    Pros

    Work is challenging each day with new problems needing to be solved. Senior management is genuinely open to feedback and there is a massive appetite for change and more ambition within the organisation.

    Cons

    Improvements could be made to employee onboarding as it took a few weeks to get into the swing of things.

  6. "Great environment"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Sales Executive in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CMC Markets full-time for more than a year

    Pros

    Friendly colleagues and good training

    Cons

    longer working hours, that's about it

  7. Helpful (1)

    "I have been working at CMC Markets full-time"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior IT Security Network in London, England
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at CMC Markets full-time for less than a year

    Pros

    Good work-life balance, Relaxed environment,

    Cons

    Career progression is too slow, No real work from home, no flexible hours

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  8. "Good employer"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Applications Support Analyst in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at CMC Markets full-time for more than 3 years

    Pros

    Good employer, good employees in general and a great place to learn about new technologies

    Cons

    Management should improve Salary across the board especially those who graft to keep the business going in tech

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  9. "Review"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Compliance in London, England
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at CMC Markets full-time for more than 5 years

    Pros

    Lots of young people, fun environment, friendly

    Cons

    Doesn’t invest in Compliance, Legal gets all the resources. Promotions only when someone else leaves. Payrise offered only when you resign.

    Continue reading
  10. "Okay"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Assistant 
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at CMC Markets full-time for more than 3 years

    Pros

    Its okay - Could be better

    Cons

    Some of the people can be self entitled

Found 87 reviews