mTrade Reviews

3.7

67% would recommend to a friend

(25 total reviews)

68% positive business outlook

mTrade has an employee rating of 3.7 out of 5 stars, based on 25 company reviews on Glassdoor which indicates that most employees have a good working experience there. The mTrade employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

25 reviews
1.0
31 Jan 2017
Recommend
CEO approval
Business outlook

Pros

The team was nice...for the most part. The break room was full of free goodies and full company paid benefits.

Cons

Small business with a corporate mindset in Podunk, Mississippi. There were big egos at Mortgage Trade with many of them often for naught. It definitely isn't a place for people just coming out of school. They seem to expect senior level productivity with little to no guidance. The software (called Cleanroom) was a complete hack job with the development often being a complete mess. Weekly releases were often worked on right up to the last minute with hardly any real testing. It was literally a buggy mess due to what one would call "cowboy coding". It seemed to be that the general mindset there was that the more complicated the code was the better it must work which is completely off track. Simplicity is the key in coding. If you can accomplish the same thing with less code and nonsensical complexity the better for that company in the long run being that new developers will take your place and will have to learn it as well. Plus clear cut code is just easier to read and understand. Support was often backed up with several issues and their own "in-house" software for data entry was littered with problems. From what I gather they charged the most for their mortgage trading platform as compared to the other competitors. That is mind boggling given how positive I am that those platforms are probably better built. If you are considering taking an offer from these folks don't fall for it. They will present it as a dog and pony show and everything will sound great but it really isn't. If you aren't one of the "guys" in their little inner circle of friends then it will not last long anyway. If you are a developer who likes to stay on top of the latest technology and trends, this is not the place for you. In the end their elitist attitude will only drive you away and you will not really learn anything from their cowboy code shop anyhow. They are not fans of implementing unit tests. Oh and code documentation? They don't know what that is. If you are familiar with FNC (also in Oxford, MS) and how incredibly unorganized that company is and the horror stories that go along with it, you should know that Mortgage Trade is essentially FNC 2.0. Matter of fact it is the same owner in addition to several FNC employees jumping ship to go to Mortgage Trade. Essentially the same place, two different names.

2.0
19 Mar 2024
Recommend
CEO approval
Business outlook

Pros

Free snacks and coffee, sick office space, crazy nice employee break room

Cons

Trainer was not a good teacher, 2 months worth of training crammed into two weeks, process of data retrieval was coded badly, people were unfriendly

Viewing 1 - 3 of 25 Reviews

Glassdoor has 25 mTrade reviews submitted anonymously by mTrade employees. Read employee reviews and ratings on Glassdoor to decide if mTrade is right for you.