MTFX Group Reviews

This small company with 15 employees is owned by 2 brothers+family. If you can stand to work hard with little pay and constantly getting yelled at, you may be able to survive. After the yelling and blaming sessions, one of the girls would sob softly, and no one seems to care. The way the owners treat their staff is quite unprofessional with a lack of common courtesy. Beware of working for small companies where the owners can really make or break the job. There are no breaks during the day, you work 8.5 hours with half hour lunch.

When I had reported to the owner that I was physically and sexually harassed during my tenure by one of my co-workers, as well as subject to abusive comments about my religion, he refused to investigate. The owner claims to have an open door policy, but if you ever bring up a complaint he'll sit on his butt and warn one of your co-workers that you're causing problems. He also brags that he's not a micro-manager, but then he'll pick on one of your colleagues to give you a hard time if you're not charging your customers enough commission. The commission spread that you're expected to charge your customers is completely absurd. I have no idea why anyone would do business with MTFX when they could get much cheaper rates from any of our competitors with less impediments and less harassment by pushy salespeople. And keep in mind these are salespeople first, not qualified financial experts. There is a market commentary that is basically just compiled from various other bank and FX market commentaries. I was shocked by how ignorant some of the other "foreign exchange specialists" and traders were of world events that affected currency trades. There is no HR person for this company, which is unusual for a company of over 20 people. That should tell you all you need to know. Many of the positive reviews repeat the same words and phrases such as “growth” – this is something the owner insists on. The owner screams at all his employees if you don't do exactly what he wants. The problem is that he's not clear about what he wants. It's up to you to read his mind. He also doesn't listen. As a salesperson I was once taught by a sales manager at a more reputable company that you need to listen twice as much talk because you have two ears and only one mouth. The owner talks like he's got three mouths and no ears. The owner is very well known in the foreign exchange industry as a shady character. He runs his business like a mob boss. If you want a career in the FX industry work for the banks, AFEX, Mercantile Exchange, Bendix, Cambridge or Western Union. All have a better reputation than MTFX. In my opinion, MTFX is definitely a company due for a reckoning in the post #MeToo era. I look forward to its inevitable demise.