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We are often so obsessed with the image of Forex brokers as corporate machines, that we forget that some of them care about those in need and show real social responsibility.
Retail Forex broker EXNESS is among those handful of companies that display the more human face of business. Earlier this year the broker sponsored a campaign for helping endangered animal species in the Arctic, and it has also undertaken an effort to help those affected by the Nepal earthquake that struck in April this year.
The broker has sent a donation exceeding $28,000 to the CARE Foundation.
The 7.8 magnitude earthquake that struck Nepal on April 25, 2015, was the biggest earthquake in nearly the past 80 years. Two weeks later on May 12th, there was a second earthquake (7.3 magnitude). According to the United Nations’ estimates, approximately 8,500 persons fell victim to these events. The tragedy of May 12th also destroyed 26 hospitals of Nepal and more than 1,100 health facilities. One month after the first disaster, UNICEF reported that approximately 7,000 children under the age of 5 are still at risk of malnutrition and need urgent humanitarian aid.
EXNESS Group launched a fundraiser among traders on May 4, 2015. Donations were collected until May 29, 2015. Based on each donating trader’s choice, EXNESS either returned the donation as a bonus to his or her trading account or matched their donation.
The CARE Foundation, which is providing victims with food, water, and medicine as part of a special project, was chosen to receive the donated funds.
From May 4 to May 29, 181 people participated in the fundraiser, of which 135 chose to have the company match their donations and 46 chose to have EXNESS return their donation as a bonus to their trading accounts. The combined efforts led to about $15,124 being raised.
On May 31, 2015 EXNESS matched a portion of this amount and sent a donation of $28,467.36 to the CARE Foundation.
To view the detailed report about the funds collected, click here.