- Very hard to earn any commission
- Strict probation KPI's
- No territory in the UK so saturated market
- Aggressive targets past probation
- Job not safe after probation, if you don't perform 1 quarter you are likely out.
- Revolving door of AE's being hired and fired
- I joined with 40+ other AE's and most of them likely got let go or probation extended.
- Very manual prospecting and no data scraping tools
- No support in sales so you are an AE, CRM, Tech support and SDR
- After training you have 2.5 months to onboard new clients and get them to use profitable products on the platform (e.g. an FX forward). This can be difficult so simply onboarding new businesses will not be enough and you won't make a penny.
- Expected to have in depth financial knowledge in sales so you feel like a trader.