ACT Commodities Reviews | Glassdoor.ie

ACT Commodities Reviews

Updated 21 November 2018
13 reviews

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4.3
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  1. Featured Review

    Helpful (5)

    "Amazing company to work for!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY (US)
    Current Employee - Anonymous Employee in New York, NY (US)
    Recommends
    Positive Outlook

    I have been working at ACT Commodities (Less than a year)

    Pros

    ACT Commodities provides an open and inclusive environment. Each employee has a direct impact on the company. The team is ambitious, collaborative and most importantly fun.

    ACT is growing rapidly, which allows its employees to continue to develop on both a professional and personal level.

    Cons

    No cons at this time.

    ACT Commodities Response

    26 Mar 2018 – Recruiter

    Thank you for your review and great to hear your positive experience!


  2. "Great company for the ambitious Sales Trader!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Trader in Amsterdam (Netherlands)
    Former Employee - Sales Trader in Amsterdam (Netherlands)
    Recommends
    Positive Outlook

    I worked at ACT Commodities full-time (Less than a year)

    Pros

    ACT Commodities is a young trading company, they have interesting profit sharing opportunities when you´re a sales trader, a great atmosphere amongst colleagues and a very nice office in Amsterdam. When you start working at ACT, you are given all the tools, and also training, to be successful at your job. In addition, you are guided and mentored by your manager. Due to personal reasons I had to leave ACT. I was allowed to go home (and stay home) right away and during the months after I left, ACT has been very concerned and involved which I really(!) appreciated. I think back on a very good time at ACT where I learned a lot and where I got to know great people.

    Cons

    The work life balance can be difficult but if you want to be successful you have to put in the work.

  3. Helpful (7)

    "Sales Trader"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook

    I worked at ACT Commodities full-time

    Pros

    Company trips, gifts and high end offices

    Cons

    Lack of morality, conflicts of interest, you're up against the colleague next to you.
    90% of new joiners leave within 8 months, not only traders but from support, back office and other areas as well.
    You are forced to bluff clients about things you have no clue in order to rip them off as hard as you can.

    Advice to Management

    Create some ethic, hire people who have more than primary school education...divide markets equally. Only the 4 top make EUR500k+ a year, the rest live on the basic salary of 33,000EUR-. Stop making people believe it depends on them to make money, a monkey could make money like you do, it's a matter of first-come-first-served.

    ACT Commodities Response

    3 Oct 2018 – Corporate Recruiter

    Thank you for your feedback. We are sorry to hear that you did not have a positive experience during your time at ACT. While the nature of trading can be extremely competitive, we aim to foster a... More


  4. "The best company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - HR-officer in Amsterdam (Netherlands)
    Current Employee - HR-officer in Amsterdam (Netherlands)
    Recommends
    Positive Outlook

    I have been working at ACT Commodities full-time (Less than a year)

    Pros

    Colleagues, benefits, office, variety in work, driven, ambitious

    Cons

    High expectations (not necessarily a bad thing)


  5. "My Experience at ACT so Far"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Corporate Recruiter in New York, NY (US)
    Current Employee - Corporate Recruiter in New York, NY (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at ACT Commodities full-time (Less than a year)

    Pros

    ACT is an exciting, rapidly growing firm that really strives to ensure that while they continue to scale, they retain their corporate values and overall mission.

    It’s amazing to come to work every day and see everyone of your colleagues have a smile on their face. The amount of transparency, inclusion, collaboration, growth, and fun the firm has whilst working hard to make an amazing presence in the environmental commodities space is fantastic!

    You have access to all levels of management, and everyone is treated as an equal, no matter your seniority. Everyone is very attentive and will answer questions in order to help you succeed. Overall it’s a great place to be!

    Be sure to bring your positive spirit, embrace the family like environment, and be able to put your entrepreneurial/creative thinking cap on for all aspects of your work!

    Cons

    Nothing yet - so far so good!

    Advice to Management

    Hammocks in the new office!


  6. "Fun and challenging work and environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - BACKOFFICE ASSOCIATE in Amsterdam (Netherlands)
    Former Employee - BACKOFFICE ASSOCIATE in Amsterdam (Netherlands)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at ACT Commodities full-time (More than a year)

    Pros

    Horizontal hierarchy, crazy amount of additional gifts, company events and trips. Young and informal company with a friendly atmosphere. Very ambitious and hard working staff and management. International orientation. Big bonus possibility for front office

    Cons

    Front office focused, work of the rest of the company tends to be overlooked. Fixed salaries below market.

    ACT Commodities Response

    19 Jun 2018 – Recruiter

    Thank you for your time to write a review. We appreciate this enormously and will take the feedback with us.


  7. Helpful (9)

    "High pressure phone sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I worked at ACT Commodities full-time

    Pros

    Happy hours and team events if we hit monthly targets. Can make a very good bonus - but most good markets/clients are already being managed by someone else.

    Cons

    High pressure sales job with a lot of cold calling. Call stats are tracked. Little career and skills development as the job scope is limited and narrow.

    Advice to Management

    Distribute clients fairly among all employees rather than having one trader manage all of the big accounts.

    ACT Commodities Response

    14 May 2018 – Corporate Recruiter

    Thank you for your feedback. The entrepreneurial nature of the Sales Trader role includes prospecting, which is a core part of how our sales traders build their business. I’m sorry to hear that the... More

  8. Helpful (1)

    "Really Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at ACT Commodities full-time

    Pros

    Senior Leaders value transparency and care about their people. Access to a private performance coach, lots of training and support for personal and professional development. High earning potential. Fun place to work, team members are friends outside of work.

    Cons

    None at this time.

    Advice to Management

    Continue to give employees one on one attention even as we get bigger


  9. "Solid firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Physical Fuels Trader in New York, NY (US)
    Current Employee - Physical Fuels Trader in New York, NY (US)
    Recommends
    Positive Outlook

    I have been working at ACT Commodities full-time (Less than a year)

    Pros

    • Properly aligned to grow within the environment commodities space.
    • Active participation of Senior management and Traders in daily activities.
    • Solid base salary and generous bonus structure.
    • Structured so that the employee determines the growth of their own business, but with the backing and experience of a larger firm.
    • Established flat organization.

    Cons

    Nothing critical to mention.

    Advice to Management

    Keep going.

    ACT Commodities Response

    26 Mar 2018 – Recruiter

    Thank you for your review! And yes, we keep going like this :)


  10. "Excellent Firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales -Trader in San Francisco, CA (US)
    Current Employee - Sales -Trader in San Francisco, CA (US)
    Recommends
    Positive Outlook

    I have been working at ACT Commodities full-time (Less than a year)

    Pros

    ACT continues to grow and add talent to its team of Sales-Traders who pride themselves on being competitive, hard working, and versatile. The firm interacts within exciting markets that will continue to grow rapidly in the coming years. All employees are well versed in the intricacies and culture of the client base and markets. The move to New York City will grow the firm in size and scope and should provide key access to client bases and financial/energy related markets.

    Cons

    No negatives to mention as of now. Hours can be substantial and similar to Investment Banking due to the high focus on relationship building and deal flow.

    Advice to Management

    The firm is young and will continue to address the needs of employees as it grows in the coming years.

    ACT Commodities Response

    26 Mar 2018 – Recruiter

    Thank you for your review! Much appreciated. Have a great week!