In recent years, the global epidemic has brought many challenges to the world economy. While many businesses that need to stay close to their customers have suffered huge losses as a result of global lockdowns, the forex industry is well positioned to meet the challenges that have been set for the world in recent years.

At present, the global foreign exchange market is still the largest and most actively traded financial market in the world, so it has attracted much attention from investors. Experienced investors usually look for several key characteristics when choosing a good dealer. These include the overall trading experience, breadth and depth of product offerings (currencies, CFDS, indices, commodities, etc.), fees (including spreads and commissions), trading platforms (web-based, downloadable software, mobile, charting and third-party platforms), customer support, trading education and R&D, and more.

But there is also an important consideration that is often overlooked by investors, is the mind and responsibility of the company, because this is the foundation of sustainable development as a company.

What is one of the important considerations?

"Investment philanthropy"

Recently, OctaFX, a global forex broker, and Great Heart's non-governmental sister organisation, Great Vision Charitable Society, invested in a partnership during Ramadan, mainly to provide a 12-month education stipend for six students pursuing various degrees in Malaysian universities. "Education can make life better" is also OctaFX's charitable philosophy in supporting the Didik-Kasih EduCare project as part of its annual Ramadan charity campaign.

According to Dr. Maszlee Malik, the former Minister of Education of Malaysia, there are more than 1 million children in Malaysia who are not in school, and the vast majority of these children are from poor families, and few of them are considering education. Those who make it to college also face different obstacles, including higher living costs and additional education costs. The charity project aims to provide a monthly education stipend to poor students and help them buy the textbooks and technical equipment they need to study.

Deepening education is one of OctaFX's investment philanthropy priorities, which also includes a partnership with the JDC Foundation to provide a budget for teaching equipment in Pakistan. OctaFX has also set up eight reading corners for children in various regions of Nigeria with the keep It Real (KIR) Foundation. In India, it has partnered with the Hemkunt Foundation to support the construction of a skills development centre for 1,100 beneficiaries. (In the past three months, Foreign Exchange Tianyan has received 29 complaints from users about this dealer, please pay attention to the risks and beware of being victimized!)

So far, there are not a few foreign exchange traders who have devoted themselves to public welfare. For example, the trader Interstellar FX has been committed to charity with practical actions, such as going to the Dabie Mountain revolutionary old area to donate, bringing rice, noodles, oil and other daily supplies to the poor mountainous area.

Since its establishment, CFDS broker ATFX has been committed to the concept of charity and public welfare, sponsoring the Aijao Cup for three consecutive years to help the development of young people, donating supplies to fight the epidemic when the COVID-19 crisis engulfed the world, going to the "south of the clouds", participating in the repair of Huangjiazhai Primary School, and so on.

Why are more and more traders giving to charity?

The eye had to doubt it! Is it public opinion that traders feel guilty about being so keen on charity? Or is it because of pressure and guidance from government taxes, such as inheritance taxes? Or was it a choice of free will inspired by the traders' sense of the meaning of life and the lessons of passing on wealth? Or is it to expand its influence and build a public image of justice and charity that will attract investors? I don't know about this, but Tianyin thinks that in any case, charity is a positive, aggressive and good behavior that is of great significance to the whole society and even the whole world.

However, in addition, there are many dealers who do illegal things under the banner of charity, such as creating "philanthropists" who set up illegal fraud, just like the illegal foreign exchange black platform FMO Fumanou that we previously mentioned, and its behind-the-scenes boss is carrying out foreign exchange fraud under the name of "well-known entrepreneurs and charitable people".

It turns out that this kind of human design can indeed help the forex fraud platform to better acquire customers, so when you see a dealer doing charity or keen to do charity, be careful. You can log in to the Forex Tianyan website or APP platform to inquire and verify the trader details, reputation, qualification and other information, if you need to trade and invest, you need to carefully inquire before making a judgment, so as to avoid risks!