Fintech make-believe - Developer AKUNA CAPITAL Employee Review

1.0
Jan 25, 2021
Recommend
CEO approval
Business Outlook

Pros

Nice lakeview remains when decent people are all gone.

Cons

A great place for developing your office politics skills in a free-for-all. Extremely toxic culture and stunning amount of red tape. Micromanagement and gaslighting. Below average compensation/benefits and poor transparency. Fragile technology and imaginary risk control. The upper management are all arrogant click traders who want to play fintech make-believe. The bossy ones got to lead departments and large teams although none of them has any meaningful background or understanding about tech. They constantly threaten to fire people and randomly smash your work to demonstrate their authority. Priorities change on a daily basis due to their ignorance of tech. Some people in the upper management publicly claimed that they have no interest in maintaining a good working relationship with employees since everyone is dispensable and PnL is the only thing matters. In mid and junior levels, clueless traders are trying to ignite everything potentially combustible, and technical people are running here and there like firefighters. This is what "fast-paced", "challenging", and "hard-working" in many positive reviews really means. Doers get all the blame because lip-service providers never make mistakes. Accountability does not exist. Across all departments and all levels and all offices there are people constantly creating duplicate projects and stealing credits so that they can get fat cuts from the bonus pool. You will be treated as a troublemaker if refusing to join this game. Consequently innumerable services and tools have been created repeatedly and abandoned immediately. No real innovations occur in the past two years. Losing strategies are running only for political reasons. Turnover rate climbs as vigilant people start to plan their way out. Meanwhile, the upper management did nothing but extending non-compete periods and spreading rumors to malign former employees. To new grads: AVOID AT ANY COST. This job is not even a stepping stone for your career. No experienced employees can help you grow because doers never survive. BSers will consume all your time. The longer you stay, the less you are worth. Ultimately, the company will devour you.

Explore other reviews about AKUNA CAPITAL

5.0
Apr 11, 2026
Recommend
CEO approval
Business Outlook

Pros

The Training: Still one of the best "Trader 101" programs in the industry. The focus on options theory and market making is rigorous. The People: You’re surrounded by high-IQ quants and devs. Low ego at the junior level. Perks: baristas, great views, and a casual "wear what you want" culture that isn’t just PR.

Cons

Meritocratic (mostly): PnL speaks. If your desk makes money, you’re generally left alone to build. Cons: * Opacity: Bonus calculations and career progression feel like a black box. There’s a noticeable "inner circle" culture at the top. Work-Life Volatility: It’s prop trading, so hours are expected, but the "always-on" expectation for global shifts can be taxing without the commensurate pay bump seen elsewhere.

3.0
May 20, 2026
Recommend
CEO approval
Business Outlook

Pros

High pay and exciting environment

Cons

Loose structure with unclear expectations

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