financial literacy Archives - CoverStory https://coverstory.ph/tag/financial-literacy/ The new digital magazine that keeps you posted Sat, 15 Feb 2025 03:50:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://i0.wp.com/coverstory.ph/wp-content/uploads/2024/12/cropped-CoverStory-Lettermark.png?fit=32%2C32&ssl=1 financial literacy Archives - CoverStory https://coverstory.ph/tag/financial-literacy/ 32 32 213147538 Enhanced training programs and verified social media platforms to advance financial literacy  https://coverstory.ph/enhanced-training-programs-and-verified-social-media-platforms-to-advance-financial-literacy/ https://coverstory.ph/enhanced-training-programs-and-verified-social-media-platforms-to-advance-financial-literacy/#respond Sat, 15 Feb 2025 03:50:24 +0000 https://coverstory.ph/?p=28080 As 2025 began, SmarTrade reaffirmed its commitment to advancing financial literacy and trading education in the Philippines by expanding its reach both online and offline.  It announced the launch of an enhanced training program and the recent verification of its social media platforms, assuring aspiring traders access to high-quality learning resources and a trusted community...

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As 2025 began, SmarTrade reaffirmed its commitment to advancing financial literacy and trading education in the Philippines by expanding its reach both online and offline. 

It announced the launch of an enhanced training program and the recent verification of its social media platforms, assuring aspiring traders access to high-quality learning resources and a trusted community to support their journey. 

SmarTrade said the enhanced curriculum it launched with its globally recognized broker partner ATFX is designed to help learners gain confidence in trading and is in line with its mission to empower Filipinos through free, reliable, and world-class trading education. The program now features an extensive technical analysis series covering market structure, trendlines, support and resistance, candlestick and price patterns, and advanced indicators like RSI and MACD. Analysis sessions on economic indicators, currency demand and supply, and practical trading strategies are also offered.

Along with that initiative, SmarTrade has strengthened its online presence to create a more secure and transparent learning environment. Pointing out that verification is critical to the protection of users from misinformation, scams and fake accounts, it announced that its Facebook pages, SmarTrade PH and SmarTrade Community-Middle East, along with its Instagram account (@smartradeph), are now verified. 

SmarTrade marked the new year by hosting an in-house seminar in its Makati City office, showcasing the advanced learning courses and specialized strategies for forex and CFD trading fundamentals. The seminar included hands-on exercises and in-depth discussions on market trends and trading tools. 

“Filipinos today are more eager than ever to take charge of their financial futures. We’ve designed our programs to guide participants, no matter where they are in their trading journey, toward confidence and success,” said SmarTrade president and CEO Joyce Mayo.

She added: “The verification badge on our social media pages emphasizes our commitment to creating a trustworthy space for users. It helps us connect better with our community and share valuable resources to support them on their financial journey.” 

With online learning and trading gaining traction, social media has become a powerful tool for delivering timely insights, trading tips, and learning opportunities, SmarTrade said. 

It said users must be vigilant against scams and misinformation, and advised its learners to interact only with its verified pages—identifiable by the blue check badge—to ensure authentic engagement with the brand. It added that by securing verification for its social media platforms, SmarTrade guarantees that followers will receive only legitimate updates, educational content, and event announcements. 

Through its verified social media channels, SmarTrade shares educational materials, market insights, and updates on upcoming events, including free learning sessions, whether virtual, in-office, or face-to-face outside the Metro, as well as mentoring opportunities. It said this aligns with its mission to build a financially empowered nation by making reliable financial literacy and trading education more accessible.

SmarTrade invites interested parties to join its growing community and take advantage of its free learning sessions and mentoring programs. For details or to register, visit www.smartradeph.com and connect with SmarTrade’s verified Facebook and Instagram pages.

Read more: SmarTrade, ATFX strengthen partnership to drive Filipinos’ financial empowerment

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7 years of empowering Filipinos https://coverstory.ph/smartrade-seventh-anniversary/ https://coverstory.ph/smartrade-seventh-anniversary/#respond Tue, 19 Nov 2024 22:12:32 +0000 https://coverstory.ph/?p=27032 SmarTrade, a dedicated advocate of financial literacy, is marking seven years of empowering Filipinos with knowledge, tools, and partnerships to open doors to global trading opportunities. Key achievements underscore the company’s growth and impact since its founding. Through free year-round training sessions, it brought financial education to 661 communities across the Philippines. The sessions numbering 1,178...

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SmarTrade, a dedicated advocate of financial literacy, is marking seven years of empowering Filipinos with knowledge, tools, and partnerships to open doors to global trading opportunities.

Key achievements underscore the company’s growth and impact since its founding. Through free year-round training sessions, it brought financial education to 661 communities across the Philippines. The sessions numbering 1,178 covered topics ranging from trading basics to advanced strategies, with the aim of equipping Filipino traders with essential skills for financial success. 

To make learning accessible to all, SmarTrade organized 772 in-person and online events involving 41,313 Filipino traders who have benefited from the educational programs designed to help them gain confidence in navigating financial markets.

On a global scale, it has established 532 partnerships and projects, expanding its network and connecting Filipino traders to international opportunities. 

Its media presence has grown across print and digital platforms, with 191 features reinforcing its advocacy for financial literacy. And through a growing social media community of 39,046 followers, it has created a vibrant space for knowledge-sharing and financial insights.

SmarTrade, an advocate of financial literacy
SmarTrade, led by President and CEO Joyce Mayo (seated, center), reaffirms its commitment to foster financial literacy and empower Filipino communities.

“As we celebrate our seventh anniversary, I’m proud of the milestones we’ve achieved and the thousands of Filipinos we’ve empowered,” SmarTrade president and CEO Joyce Ann Mayo said in a statement.

“Each of these achievements reflects the dedication of our team, the trust of our partners, and the enthusiasm of the Filipino traders we serve. We’re committed to delivering financial education and resources that make a meaningful impact, and we look forward to many more years of helping Filipinos reach their financial goals,” Mayo said.

Looking ahead, SmarTrade is building on its success by developing new programs that address the evolving needs of Filipino traders. With the support of ATFX, a global leader in online trading, it will expand its offerings with advanced tools, in-depth training, and real-time insights to foster growth among Filipino traders and Introducing Brokers.        

SmarTrade is also committed to social responsibility that extends beyond financial education. It regularly organizes workshops for children on saving and money management, to encourage financial responsibility at an early age. Environmental initiatives, such as tree-planting, further reflect its dedication to a positive impact on the communities it serves.

As SmarTrade enters its eighth year, it reaffirms its mission to foster financial literacy and empower Filipino communities. With a focus on growth, inclusivity, and social responsibility, it reaffirms its dedication to helping Filipinos achieve financial independence and a more prosperous future.

For more information on SmarTrade’s upcoming programs and events, visit www.smartradeph.com.

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Warning out against online misrepresentation, other scams https://coverstory.ph/warning-out-against-online-misrepresentation-other-scams/ https://coverstory.ph/warning-out-against-online-misrepresentation-other-scams/#respond Thu, 09 May 2024 13:26:22 +0000 https://coverstory.ph/?p=25493 A leading advocate for financial literacy in the Philippines has issued a warning for everyone to keep themselves informed and be vigilant against online scammers.  SmarTrade, which continues to help individuals make informed financial decisions through free online learning sessions and personalized coaching, has demonstrated the value of digital platforms in businesses, offering tools that...

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A leading advocate for financial literacy in the Philippines has issued a warning for everyone to keep themselves informed and be vigilant against online scammers. 

SmarTrade, which continues to help individuals make informed financial decisions through free online learning sessions and personalized coaching, has demonstrated the value of digital platforms in businesses, offering tools that allow companies to reach audiences worldwide with a few clicks.

It has shown how online educational platforms transform the learning process, breaking down geographical barriers, making knowledge accessible to those with an internet connection, and allowing them to enhance their skills, pursue new careers, or simply learn something new at their own pace and convenience.

But SmarTrade’s success has also attracted scammers posing as its representatives to exploit those interested in the brand.

‘Smartrade’

It uncovered last month a fraudulent scheme operating under the name “Smartrade.” This group and its associated Facebook page, led by a person claiming to be CEO Eryel Tierro, falsely used the SmarTrade brand to defraud individuals of their hard-earned money.

The bogus group, through the now inactive fake Facebook page, promised guaranteed initial profit of 40% in seven days with a minimum shell-out of P500.  

“Our mission is to give, not take,” Joyce Mayo, president and CEO of SmarTrade, said in a statement. “SmarTrade will never ask money from you.  We offer our services for free to empower individuals to take control of their financial future by educating them and equipping them with the necessary skills to explore investment opportunities, such as online trading. We have been doing this for more than six years now.”  

Mayo added: “Investing wisely requires diligence and research. If an opportunity seems too good to be true, it likely is a lie.” 

Protection tips

Warning out against online misrepresentation, other scams
SmarTrade market analyst Gab Santos during a recent session on “Mastering Online Trading: Effective Money Management Strategies and MT4 Platform Navigation,” held at the company’s office in Makati City.

Online misrepresentation is a growing concern, especially among industries dealing with finance. SmarTrade offered these tips on how to protect oneself from scams:

Always double-check who you’re dealing with. Reach out through official channels that you find directly on the company’s website.  When in doubt, call the customer service number listed on the website to confirm any communication. For example, SmarTrade’s official social media accounts and website, explicitly state that the learning sessions and personalized one-on-one coaching are all free. Any request for payment, investment, or a promise of lucrative return for such services is a clear red flag and likely a scam.

Never share your personal information unless you’re sure of the recipient’s authenticity. Be particularly wary of requests for sensitive details, like your bank account information, your birthday, or one-time passwords.

Learn to recognize phishing. Be cautious with emails or messages that urge immediate action, contain suspicious links, or ask for personal information. Remember that online scams can take many forms, so be wary of unsolicited investment opportunities, unrealistic giveaways, or fantastic offers. 

Report any scam attempt. Relevant authorities and the company that the scammers say they represent will help you and also prevent more scams.

SmarTrade said adopting these practical measures will allow one to enjoy the vast benefits of digital platforms while safeguarding one’s personal and financial well-being. It issued the reminder that the best defense against scams is a proactive approach that includes self-education, being careful in all financial transactions with strangers, and making security a priority in online interactions. 

To learn more about SmarTrade and access its online resources, visit www.smartradeph.com and follow its official social media channels at https://www.facebook.com/smartradeph and https://www.instagram.com/smartradeph/.

Read more: SmarTrade marks 5 years of helping Filipinos gain financial independence

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