Business Daily Media

Men's Weekly

.

Traders' attitude to charity: global broker Octa's research

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 5 November 2024 - E-brokerage is a rapidly expanding sector globally, raising questions about its societal impact through social initiatives. Traders' attitudes towards socially beneficial projects, including those led by Forex brokers, play a crucial role in this space.

Octa, a global broker operating since 2011, conducted research to analyze traders' involvement in and opinions on various charitable initiatives.

Octa

All generations do their part
The Octa's research covered hundreds of traders in several countries, including Indonesia, Malaysia, Nigeria, and South Africa.

Across all countries of the survey, the vast majority of participants (up to 95%) belong to three age groups: 26–35, 36–45, and 46–65. Each group had roughly equal representation in the sample.

On average, in all countries of the survey, 59% of traders engage in charity, with Nigeria leading the way with 74% of respondents actively and regularly taking part in various socially beneficial projects.

The first noteworthy difference between the countries was established in various age groups' attitudes towards charity. While in most countries, the younger generation aged 26–35 are more engaged in charity, Malaysia boasts a more active social stance among those between 46 and 65. This result is quite intriguing and suggests a higher involvement of middle-aged Malaysians in social issues compared to other surveyed countries.

Key activities and causes
When it comes to ways respondents engage in charity, around 53% only donate money to charitable causes, with volunteer work being the second most popular choice. Donations are especially popular in Malaysia, where 63% of participants help society this way.

There is a strong similarity among all countries regarding which charity causes deserve public attention and investments the most. Answering a multiple-choice question, around 68% of respondents chose healthcare and education as the most important causes.

Emergency relief initiatives are the third most popular choice, being especially important for Malaysian and Indonesian traders. This fact can be explained by the numerous natural events that occurred in both countries in recent years. In Nigeria and South Africa, women's empowerment, emergency relief, and environmental causes got roughly the same number of answers, with education still being the number one cause.
Octa

It is worth noting that education is one of the leading charity causes worldwide in terms of investment value and the overall scale of initiatives. In turn, Octa, as a global broker that stays true to its social mission, has been actively involved in educational projects in various countries. The broker focuses on enhancing education opportunities and improving living standards by facilitating learning and personal growth.

For example, this year, Octa implemented a charity project together with the KIR foundation to educate Nigerian women and provide them with work tools to help boost their small businesses. The broker also sponsored an on-site coding bootcamp in Malaysia for local youths to increase their learning potential and drive better career opportunities.

Trust and information sources
When learning about charity and corporate social responsibility projects in particular, traders use various sources, including social media (14% across all survey countries), printed newspapers, TV, and radio (20%), and word of mouth (11%).

Last but not least, 56% of the survey participants put the most trust in domestic charity foundations operating within a city or part of the country. In contrast, large-scale international charity organisations are significantly less popular among the traders' community.

Octa traders' survey showed that for most traders, charity initiatives are instrumental in establishing their active social role. Many participate in charitable ventures themselves, opting for donations and volunteer work. The high level of social responsibility among traders and their strong drive towards education emphasises the spirit of community and self-improvement embedded in the trading industry.
Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. The company is involved in a comprehensive network of charity and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

News from Asia

Everlasting City: Kaifeng’s Cultural Renaissance Thrilled SCO Partners

KAIFENG, CHINA - Media OutReach Newswire - 31 July 2025 - Recently, the Shanghai Cooperation Organization Media and Think Tank Summit was held in China's Henan Province, with guests visiting the a...

Shop Smarter in Macau: ShopBack Debuts with Exclusive Cashback Rewards Across Leading Merchants

HONG KONG SAR - Media OutReach Newswire - 1 August 2025 - ShopBack, Asia's foremost cashback platform, proudly announces its official entry into the Macau market, introducing a sophisticated yet ...

Takashi Murakami’s Ohana Hatake Unleashes a Floral Fantasy: "Field of Flowers" Lands at Pacific Place

Ohana Hatake Pop-Up Blooms in Hong Kong Featuring the Global Debut of Four Vibrant New Colourways of Ohana Full-Bloom and Surippa OhanaHONG KONG SAR - Media OutReach Newswire - 1 August 2025 - Thi...

Johnson & Johnson launches The 3rd Opinion in Asia Pacific: a new term to elevate the patient voice in the lung cancer treatment journey

Newly published research shows up to 77% of patients in Asia Pacific trust and rely on their physicians to decide their treatment for them despite 69% of physicians encouraging patients to ...

FRV Announces Strategic Partnership with Envision, a Leader in Total Renewable Energy Solutions, for H2 Cumbuco Project in Brazil

MADRID, SPAIN - Media OutReach Newswire - 1 August 2025 - MADRID, SPAIN Fotowatio Renewable Ventures (FRV), part of Jameel Energy, announced today its selection of Envision Energy ("Envision') as...

Life Sciences on the Chinese Mainland – Vital signs: Diagnosing trends in the life sciences real estate market on the Chinese mainland

HONG KONG SAR - Media OutReach Newswire - 1 August 2025 - Cushman & Wakefield, a leading global real estate services firm, today released its Life Sciences on the Chinese Mainland – Vital sig...

Etiqa Insurance Singapore Relocates to New Office at Capital Square for Greater Accessibility and Growth

SINGAPORE - Media OutReach Newswire – 1 August 2025 – Etiqa Insurance Singapore, an insurance arm of Maybank Group, has officially opened the doors to its new office at Capital Square...

Fresver Beauty Relocates Tampines Outlet to Simei to Meet Rising Demand for Personalised Wellness in the East

SINGAPORE - Media OutReach Newswire - 1 August 2025 - Fresver Beauty, a trusted name in Singapore’s wellness and facial care industry since 1988, has relocated its Tampines outlet to a larger and ...

InMobi Achieves 80% Penetration Among China’s Top Gaming Publishers, Showcases Next-Gen Ad Innovation at ChinaJoy 2025

SHANGHAI, CHINA - Media OutReach Newswire - 1 August 2025 - InMobi, a global leader in mobile advertising and AI-powered monetization, is taking center stage at ChinaJoy 2025, highlighting its unp...

AEON Bank and foodpanda Embark on a Strategic Partnership to Drive Growth and Create Value for Customers, Riders and Merchants

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 1 August 2025 - AEON Bank (M) Berhad, Malaysia’s first Islamic digital bank has officially entered into a strategic partnership with foodpanda Ma...

Simplifying ecommerce integrations: How to streamline your setup without the stress

In today’s fast-moving retail world, having an ecommerce presence isn’t optional. Platforms like Shopify, WooCommerce, and Squarespace have lowered...

Shop Small Returns to Back the Small Businesses Supporting Local Communities

The annual Shop Small movement by American Express is returning for its 13th year in Australia to galvanise support for the country’s vibrant smal...

Introducing Commerce, the New Parent Brand of BigCommerce, Feedonomics and Makeswift, Powering an AI-Driven Future

Commerce’s open, intelligent ecosystem connects the tools and systems that drive growth and empower businesses to unlock data potential and deliver ...

How better billing can boost performance and profits in uncertain times

Optimising your revenue management function will help you put your business on stronger footing. The fact that economic conditions are tricky i...

Small-Business Cash-Flow Playbook 2025

An educational guide to managing ATO debt, real-time super and growth finance in Australia’s new landscape Why ATO debt just became the most expe...

Landowners Offered $30,000 Per Year for Just 1 Hectare: The Rise of 5MW Battery Projects Across Australia

In a pivotal shift reshaping Australia’s renewable energy landscape, landowners in Queensland, New South Wales, and Victoria are being offered up ...

Sell by LayBy