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      ACT Commodities

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      ACT Commodities Reviews

      3.1

      40% would recommend to a friend

      (72 total reviews)

      Bram Bastiaansen and Jaap Janssen

      61% approve of CEO

      38% positive business outlook

      Ratings by category

      3.2

      Diversity and inclusion

      3.2

      Career opportunities

      3.0

      Culture and values

      2.8

      Compensation and benefits

      2.7

      Work/Life balance

      2.5

      Senior management

      ACT Commodities has an employee rating of 3.1 out of 5 stars, based on 72 company reviews on Glassdoor which indicates that most employees have a good working experience there. The ACT Commodities employee rating is in line with the average (within 1 standard deviation) for employers within the Energy, mining, utilities industry (3.7 stars).

      Reviews by job title

      72 reviews
      1.0
      29 Sept 2018

      Sales Trader

      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      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.

      avatar
      ACT Commodities Response
      7y
      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 collaborative and inclusive working environment for all employees and are disappointed to hear that was not your experience. Our aim is for our Sales Traders to be well-informed regarding the markets they are active in, in order to provide mutually beneficial solutions for their clients. To achieve this we depend on our ACT provided training and each individual's entrepreneurial attitude. All feedback is important to us and we appreciate your thoughts.
      2.0
      26 Nov 2019

      Toxic environment - proceed with caution

      Controller
      Recommend
      CEO approval
      Business outlook

      Pros

      Great place to make money if you started early and got a decent slice of the customer pie. The company weekend is fun too. Good place if you have no experience and just graduated college.

      Cons

      Success will highly depend on your manager and how much you're willing to put the effort in making cold calls without one of your colleagues cannibalizing your margin. Limited liquidity in the market and the products are highly influenced by political agendas so it's definitely not your typical trading environment. Overall it's a frat-house type work environment that can be toxic at times. There is a non-compete agreement you will be signing and they have enforced it with employees in more than one office location in the past, so don't expect to use anything you learn at ACT somewhere else.

      avatar
      ACT Commodities Response
      6y
      Thank you for taking the time to express your feedback. We are sorry to hear that your experience did not lead to a positive recommendation. At ACT we strive to be a great work environment for everyone and feedback helps us to improve this on an ongoing basis. We wish you the best of luck in your future endeavors.
      2.0
      7 May 2018

      High pressure phone sales

      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      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.

      avatar
      ACT Commodities Response
      8y
      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 career development opportunities didn’t meet your expectations. As part of the trainee program that every sales trader goes through, we offer sales training, negotiations training, call reviews, private sales coaching, and access to a personal coach. All feedback is important to us and we appreciate your thoughts.
      Viewing 1 - 3 of 72 Reviews
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      ReviewsACT Commodities reviews

      Glassdoor has 103 ACT Commodities reviews submitted anonymously by ACT Commodities employees. Read employee reviews and ratings on Glassdoor to decide if ACT Commodities is right for you.