Business Development Executive - Recensione dipendente - Business Development presso MONEX

4,0
14 nov 2018
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Monex is overall a great firm to work for & a leader in the FX brokerage industry. The company is perfect for a driven (ie: money hungry), ambitious sales rep. A few of the pros: - Very good & comprehensive sales training - You have the potential to make a tremendous amount of commission - Insurance policy is generous - The company rewards employees who perform well - Office is in a great location - Everyone in the Toronto office is generally nice & fun to be around - Great opportunity to grow with the organization as they've recently expanded to North America

Svantaggi

This job is an absolute grind & I would only recommend it to people who are dead set on getting as rich as possible. My reasons are as follows: - FX is an extremely tough industry to sell in without eliminating your profit margin or morals - Product is the exact same as every other competitor - You need to work very long hours (7:45am-5:30pm bare minimum) to be successful - Starting salary is meh - You probably won't be good enough at your job for at least a year to earn a dime of commission (but has the potential to ramp up very high very quickly) - Job is almost 100% cold calling - Most staff & operations are currently based in the UK, which makes for some large challenges. This is being addressed though & likely won't be an issue in the future

Esplora altre recensioni su MONEX

5,0
28 gen 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Great leadership, competitive pay, a team that supports you and sets you up to succeed

Svantaggi

Healthcare Plan could be better but is still good

1,0
22 giu 2026
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Good place to gain exposure early in your career but that's all. Do not get stuck here

Svantaggi

The biggest issue at Monex is the gap between what leadership says and what employees actually experience. Career growth lacked transparency and structure. Employees were encouraged to work hard and remain patient, but there was rarely a clear path for advancement or consistent communication about what was required to progress. Roles and responsibilities were often unclear, changed frequently, and ownership was not always well-defined. At times, even managers seemed uncertain about expectations and accountability. The culture was heavily influenced by office politics, favoritism, micromanagement, and behind-the-scenes conversations. It often felt like relationships and internal dynamics carried more weight than performance and contributions. Many leaders have been in the same positions for years, creating a culture that can be resistant to change and new ideas. Honest conversations and different perspectives did not always feel welcomed. One of the most disappointing experiences was seeing leadership celebrate company growth and strong performance at company-wide events, only for employees across the organization to be let go shortly afterward. The disconnect between leadership messaging and reality significantly eroded trust. The company (executives) frequently spoke about its values and commitment to employees, but many employees struggled to see those values reflected in leadership actions and decision-making.

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