F88 earns Gold Level Certification for Client Protection
HANOI, VIETNAM – Media OutReach Newswire – 18 July 2025 – F88, a pioneer in Việt Nam's alternative finance sector, has once again affirmed its leadership position by being awarded the Gold Level Certification for Client Protection by M-CRIL.
This marks the third time F88 has received this prestigious honour since 2019, and the second consecutive year it has achieved the highest possible rating. The achievement highlights F88's deep and ongoing commitment to building a transparent, sustainable financial ecosystem that puts customers first.
Issued by M-CRIL and developed in collaboration with globally recognised organisations Cerise+SPTF, the Client Protection Certification (CPC) is one of the most comprehensive and demanding assessments in the financial services sector. It evaluates how well institutions uphold international standards in client protection, requiring excellence in areas ranging from product design and customer communication to data security and corporate governance.
ADVERTISEMENT
F88's Compliance with M-CRIL Principles
To achieve Gold Certification, financial institutions must comply with eight standards, 26 essential practices and over 128 indicators, meeting a minimum compliance rate of 95 per cent and avoiding any disqualifying breaches. F88 surpassed these benchmarks with an impressive 98.3 per cent compliance score, demonstrating the strength of its internal systems and customer-first strategy.
This success is not accidental. It stems from a clearly defined and responsibly executed development strategy focused on customer needs and protection. By creating tailored financial solutions to ensure better access to capital and standardising all product information with transparent, easy-to-understand language, F88 has embedded customer care into every step of its operations. The company also commits to a responsible pricing policy, ensuring interest rates and fees are fairly determined and reflective of the services provided.
Data protection remains a top priority at F88. Customer data is collected only with explicit consent, securely stored and managed under strict internal controls. This information is then used to fairly assess creditworthiness, helping minimise financial risk for both parties while avoiding over-indebtedness for the customer.
Throughout its operations, F88 consistently upholds fairness and integrity. Customers from all backgrounds, including vulnerable groups, receive equal access to financial services. The company adheres to a core principle of 'do no harm', ensuring that all decisions — from product offerings to debt restructuring — are made with the customer's best interest in mind.
ADVERTISEMENT
F88 has also developed a robust, multi-channel feedback and complaint resolution mechanism that allows customers to express concerns easily and expect swift resolution. The company currently resolves over 99 per cent of complaints within 30 days, a figure that reflects not only operational efficiency, but also a strong culture of listening and learning.
Underpinning all of this is F88's solid governance structure. With clear internal policies, a strong credit risk management framework and ongoing ethics training for its staff, the company ensures that its team consistently delivers responsible and professional service.
Real impact: Earning customer trust and loyalty
The impact of these efforts is evident in F88's performance. In the first half of 2025, the company reported a Net Promoter Score of 73 per cent, with over half of its customers returning for additional services — clear signs of growing trust and customer satisfaction.
Commenting on the milestone, Chairman and CEO of F88 Phùng Anh Tuấn said: 'A company like F88 cannot grow sustainably by abandoning its social mission in pursuit of short-term profit. Our goal is to grow along with our customers, not to trap them in debt.'
Reinforcing market position and investor confidence
This recognition comes at a pivotal time for F88. Having recently become a public company and progressing toward listing on the UpCOM exchange, the Gold Certification strengthens its position in the eyes of investors and partners. For stakeholders who value Environmental, Social and Governance (ESG) criteria, it sends a powerful message: F88 is a transparent, ethical and socially responsible business — an organisation that balances profitability with purpose and offers a sound investment opportunity.
M-CRIL is a global leader in rating financial institutions and works with investment support from the Asian Development Bank. Through its work, M-CRIL reduces risks for financial entities while encouraging micro and small businesses to adopt best practices.
Hashtag: #F88
https://f88.vn/english
The issuer is solely responsible for the content of this announcement.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Post
10 hours ago
- Arabian Post
VinFast Indonesia to expand dealership network to 85 showrooms nationwide
VinFast Indonesia Signs Partnership with New Dealers at GIIAS 2025, Expanding Showroom Network Nationwide. JAKARTA, INDONESIA – Media OutReach Newswire – 26 July 2025 – The 20 new VinFast dealership partners are highly reputable and capable enterprises in Indonesia's automotive sector. They include PT Auto Green AAS, PT Ivan Dijaja Mandiri, PT Bimmeroom Mobil Indonesia, PT Alto Anugerah Abadi, PT Prestisius Indonesia, and PT Mega Central Autoniaga, etc. Each partner was meticulously selected based on their strong market position and extensive experience in strategic regions. ADVERTISEMENT According to the signed dealer agreements and Memoranda of Understanding, the 20 new dealerships are expected to operate a total of 38 VinFast showrooms, which will progressively become operational from the time of signing until the end of 2026. Meanwhile, existing dealerships will open an additional 23 showrooms, bringing the total number of dealerships in VinFast's retail network in Indonesia to 34 dealerships and expected 85 showrooms. The strategic collaboration with these trusted partners is expected to significantly accelerate VinFast's expansion, swiftly establishing a comprehensive distribution and service network across Indonesia's key regions, expanding VinFast's presence to 19 provinces and 41 cities in Indonesia. This move aims to ensure VinFast's smart EVs are readily accessible to a broad spectrum of Indonesian consumers, while simultaneously reinforcing an international-standard after-sales service system in pivotal population centers. Throughout the entire cooperation process, VinFast is committed to providing maximum support to its authorized dealers. This includes implementing comprehensive and continuous training programs for dealership personnel, equipping them with solid professional knowledge about products, technology, and maintenance and repair procedures in accordance with VinFast's global standards. Mr. Ivan Farrel Djayaprawira, Director of PT Ivan Djaja Mandiri, stated: 'As a strategic partner of VinFast, we are proud to contribute modern infrastructure, superior capabilities, established reputation, and deep understanding of the Indonesian market. Joining VinFast in its journey to accelerate the global green revolution, we have strong confidence in the explosive potential of electric vehicles and VinFast's prospects here. We are committed to creating optimal value for a mutually beneficial partnership, thereby delivering top-quality electric vehicle products and services that best meet customer needs.' Mr. Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, shared: 'With VinFast's comprehensive support for our dealership partners, we are committed to ensuring that every customer in Indonesia will always experience professional consulting services and outstanding after-sales policies, providing absolute peace of mind when purchasing and owning a vehicle. In the spirit of this strong cooperation, VinFast and our dealership network will unite to work towards the goal of creating a green mobility future for Indonesia, actively contributing to the nation's EV development roadmap and delivering practical, meaningful value to society.' VinFast is accelerating its retail network expansion amidst a continuously growing range of products in the Indonesian market. In just over a year since officially entering the market, VinFast has swiftly introduced a diverse product lineup covering the most popular segments, from the VF 3, VF 5, VF 6 to the VF e34, and most recently, the VF 7. These products are all offered with exceptionally attractive sales and after-sales policies, such as complimentary charging at V-GREEN charging stations and 0% interest financing support for vehicle purchases. Simultaneously, VinFast continues to foster partnerships with after-sales service providers, workshops, and banks, maximizing convenience for Indonesian consumers transitioning to green mobility./. Hashtag: #VinFast The issuer is solely responsible for the content of this announcement.
Arabian Post
16 hours ago
- Arabian Post
Trade smarter: using volatility to maximise potential on OctaTrader
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 26 July 2025 – Volatility is what makes trading possible. It fuels every market movement and creates opportunities where none existed a moment before. Without it, the concept of trading as it stands today would simply not exist. As the pulse of the market, volatility shapes the ebb and flow of price dynamics—sometimes driven by trading itself, sometimes setting the pace for it. This article explores what volatility is, why it matters, and how to harness it effectively with OctaTrader, the proprietary platform developed by the globally trusted broker, Octa. Volatility as a Key Trading Factor In simple terms, volatility measures how much a financial instrument's price changes over a certain time period. Volatility is like the market's heartbeat—a strong, fluctuating pulse indicates high volatility, while a slow, steady rhythm suggests low volatility. In the Forex market, volatility essentially tells a trader how much a currency pair like EUR/USD or GBP/JPY is bouncing around, and it is this movement that traders thrive on. In other words, volatility is not just a statistical measure: it's the very essence of opportunity and risk. Whether scalping for quick pips, riding longer trends, or holding positions for weeks, volatility has a direct impact on trading strategies. Every trader should know or at least partly understand the level of volatility of the instrument that they are currently trading. This knowledge will enable a trader to: ADVERTISEMENT Maximise trading potential. Larger price swings mean more significant potential gains (or losses). High volatility can signal breakout opportunities or strong trends. Larger price swings mean more significant potential gains (or losses). High volatility can signal breakout opportunities or strong trends. Manage risk more effectively. Knowing volatility helps to set adequate stop-loss and take-profit orders. In a volatile market, a trader might need wider stops to avoid getting whipsawed. Knowing volatility helps to set adequate stop-loss and take-profit orders. In a volatile market, a trader might need wider stops to avoid getting whipsawed. Improve entry time. Low volatility might mean a market is 'resting' before a big move, while high volatility could signal overbought or oversold conditions. When professional traders talk about volatility, they often refer to 'implied annual volatility'. This is a forward-looking measure, representing the market's expectation of how much an asset's price will fluctuate over a year. It is derived from options prices and is annualised to a percentage. While calculating implied volatility often involves complex pricing models, a simpler way for a retail trader to grasp volatility is to look at historical price movements. For example, if a currency pair has consistently moved an average of 80 pips per day over the past month, its daily volatility for that period could be considered to be 80 pips. However, volatility isn't just about raw price changes; it's relative. A trader cannot just look at today's price swings in isolation. Instead, comparing price movements against historical data helps determine whether the market is unusually calm or wildly active. For example, if EUR/USD moves 50 pips a day on average but suddenly jumps 150 pips, that's high volatility compared to its norm. At the same time, a 100-pip move in a currency pair might be considered high volatility on a quiet trading day, but completely normal during a major economic data release. In other words, volatility can only truly be understood in relation to historical price action. Measure the pulse: volatility indicators on OctaTrader Calculating volatility manually requires determining the average closing price of a particular asset over a selected period, then measuring deviations by subtracting the average from the latest closing price, squaring the deviations to eliminate negative values, summing them, dividing the total by the number of periods analysed, and finally taking the square root. This method is not only complex but also time-consuming. Recognising the crucial role of volatility calculation, Octa, a globally regulated and trusted broker, has equipped its traders with the right tools. Specifically, Octa has developed a proprietary trading platform, OctaTrader, which not only allows traders to place orders in the market, but also provides robust analytical capabilities. For measuring market volatility, OctaTrader has integrated several popular and effective indicators that help a trader gauge the market's pulse: Average True Range (ATR), Bollinger Bands (BB), and Standard Deviation (SD). Let's break them down and see how they work in practice. OCTA TRADER INTERFACE – VOLATILITY INDICATORS (XAUUSD, 30-MINUTE TIMEFRAME) Bollinger Bands (BB): These bands consist of three lines: a simple moving average (the middle band) and two standard deviation lines (upper and lower bands) plotted above and below it. ADVERTISEMENT How it works: The bands widen when volatility spikes and contract when it drops, giving a trader a visual snapshot of market action. When prices touch or break out of the bands, it can signal overbought or oversold conditions, or the potential for a new trend. The bands widen when volatility spikes and contract when it drops, giving a trader a visual snapshot of market action. When prices touch or break out of the bands, it can signal overbought or oversold conditions, or the potential for a new trend. Practical use: BBs are great for spotting anomalous conditions in the market. If the price touches the upper band, it signals that a trading instrument could be overbought and due for a pullback. If it dips below the lower band, it could be oversold, signalling a potential rebound. In other words, BBs are useful for mean-reversion strategies, where traders expect prices to return to the moving average within the bands. Average True Range (ART): This indicator measures market volatility by calculating the average range between high, low, and closing prices over a specified period. It is called 'true range' because it accounts for gaps and wild price swings. How it works: ATR gives a trader a single number to gauge volatility, making it especially practical to set stop-losses. ATR gives a trader a single number to gauge volatility, making it especially practical to set stop-losses. Practical use: A higher ATR means higher volatility and bigger price swings, so a trader would need to apply wider exit points to avoid getting stopped out prematurely. A lower ATR suggests lower volatility and narrower price ranges. If the ATR for XAU/USD is 25 pips, a trader might set a stop-loss 1-2 times the ATR (50-100 pips away from the entry point) to give the trade some room to run. ATR is also a great tool for understanding the 'normal' daily or hourly movement of a currency pair. Standard Deviation (SD): This is an advanced statistical indicator that measures how much a financial instrument's price deviates from its average over a set period. How it works: SD indicator provides a direct numerical value of volatility. A higher SD means prices are widely dispersed (higher volatility), while a lower one means they're tighter and are close to the average (lower volatility). SD indicator provides a direct numerical value of volatility. A higher SD means prices are widely dispersed (higher volatility), while a lower one means they're tighter and are close to the average (lower volatility). Practical use: SD is useful for comparing the volatility of different assets or different time periods for the same asset. Traders can use it to identify statistically significant price movements and assess the likelihood of the price continuing in a particular direction. If EUR/USD's standard deviation spikes compared to its 20-day average, it might signal a volatile period ahead, prompting a trader to tighten stops or reduce position sizes. Volatility isn't just a number: it's a signal. By understanding and utilising these powerful volatility indicators, available in the OctaTrader platform, traders can gain a deeper insight into market dynamics, decide when to enter or exit trades, adjust position sizes, or brace for big market moves. We understand that in the world of trading, trust is paramount. That is why Octa goes the extra mile to equip traders with the right tools. Hashtag: #Octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities. In Southeast Asia, Octa received the 'Best Trading Platform Malaysia 2024' and the 'Most Reliable Broker Asia 2023' awards from Brands and Business Magazine and International Global Forex Awards, respectively.
Zawya
2 days ago
- Zawya
Unlocking trading flexibility: the power of Octa Broker's swap-free accounts
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 25 July 2025 - In a dynamic and somewhat dangerous world of currency trading, it is critical to understand every element that impacts your potential profitability. While market spreads and brokers' commissions form an integral component of trading costs, Forex swap points also play a major role in everyday operations, and yet they are often overlooked and misunderstood by traders. Although sometimes, swap points can be positive and generate a stable income for a trader, most of the time, they represent a recurring cost and can be a serious drag on profitability, especially for traders who prefer to hold positions overnight. This is why Octa, a globally regulated and trusted broker since 2011, provides a significant convenience by offering swap-free accounts for traders. Swap points explained When opening a Forex trade, a trader essentially borrows one currency to buy another. However, each currency has an associated interest rate, set by the respective central bank. The difference between these two interest rates in a Forex pair is what makes a 'swap point'. In essence, a Forex swap point (also known as a 'rollover fee', 'overnight interest' or 'holding cost') is the interest rate differential between the two currencies. It is applied to positions held open overnight and is credited or debited automatically while being reflected in the final profitability of a trade. Let's consider an example with a transaction involving two currencies with significantly different interest rates: the Australian dollar (AUD) and the Japanese yen (JPY). The Reserve Bank of Australia (RBA) has set its policy rate at 3.85%, and the Bank of Japan (BoJ) at 0.5%. Suppose you want to short (sell) AUDJPY at a 97.00 exchange rate and you initiate a full 1.0 lot position. A short one lot position means you sell 100,000 Australian dollars (AUD) against the Japanese yen (JPY). In order to sell something that you do not own, you need to borrow it first. So, you borrow 100,000 AUD and pay interest (cost). Then, you place the Japanese yen (that you bought) in a bank deposit for one day (overnight) and receive interest (income). If the interest rate on the Australian dollar loan is 3.85%, then you pay 10.55 Australian dollars per day (100,000 x 3.85% / 365). If the interest rate on the yen deposit is 0.5%, you will receive 132.9 yen per day (100,000 x 97 x 0.5% / 365), or just 1.37 Australian dollars at an exchange rate of 97.00. Thus, at the end of the day, the trader will incur a swap loss of 9.18 Australian dollars. And this will be a recurring cost every 24 hours. Not a very comfortable situation to be in, is it? Furthermore, even if a trader decides to trade currencies with relatively similar rates of interest and buy a higher-yielding currency against a lower-yielding currency, the swap rate may still be negative as brokers often add their markup or discount to the interbank swap rates. Why the absence of swap points at Octa Broker is so convenient For many Forex traders, particularly those employing mid-term to long-term strategies, the accumulation of swap points can significantly eat into potential profits or exacerbate losses. This is where Octa Broker's '0% swaps' policy becomes a game-changer. Indeed, Octa Broker has been trusted by millions of traders around the world precisely for its transparent trading conditions, no hidden tricks, and honest and convenient trading without swap points. Here are the benefits of having a 0% swap rate: Reduced trading costs The most obvious benefit is the elimination of recurring overnight fees. For traders who hold positions for days, weeks, or even months, these small daily charges can quickly add up to a substantial amount, impacting overall profitability. By removing swaps, Octa Broker helps traders keep more of their earnings. Flexibility in trading strategies Traders aiming to capitalise on longer-term market trends no longer have to worry about the mounting cost of holding positions overnight. 0% swap rate frees them and allows them to focus solely on market analysis and price action without the added pressure of daily swap calculations. Simpler profit/loss calculation Without swap points, calculating your net profit or loss on a trade becomes much more straightforward. You only need to consider the entry price, exit price, and any commissions or spreads, removing a variable that can complicate financial planning and risk management. No unpleasant surprises Swap rates can fluctuate based on central bank decisions and even market liquidity. Octa Broker's swap-free offering removes this element of uncertainty, providing a more predictable trading environment. Accessibility for all traders For new traders, understanding and factoring in swap points can be an additional layer of complexity. Swap-free accounts simplify the learning curve, allowing them to focus on core trading principles. Furthermore, for traders whose religious beliefs prohibit earning or paying interest, swap-free accounts offer an ethical and compliant way to participate in the Forex market. Octa Broker's commitment to offering 0% swaps on its trading instruments aligns with a trader-centric approach. This transparency is a cornerstone of how Octa builds trust with clients, empowering them with greater control over their trading costs and fostering more flexible strategy implementation. Ultimately, this contributes to a more transparent and convenient trading experience where traders can trust their broker to prioritise their success. For anyone considering holding forex positions for more than a day, the absence of swap points is a compelling advantage worth serious consideration. Along with other conditions benefiting traders, the zero-swap policy is one of the crucial tools that reliable brokers offer their clients to help them successfully navigate the markets. ___ Disclaimer: This press release does not contain or constitute investment advice or recommendations and does not consider your investment objectives, financial situation, or needs. Any actions taken based on this content are at your sole discretion and risk—Octa does not accept any liability for any resulting losses or consequences. Hashtag: #Octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities. In Southeast Asia, Octa received the 'Best Trading Platform Malaysia 2024' and the 'Most Reliable Broker Asia 2023' awards from Brands and Business Magazine and International Global Forex Awards, respectively. Octa
