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Topic: how to pay tax for forex trading and how much?

hi,i have a doubt how to pay tax for forex trading and also how much % we have to pay?please share

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Re: how to pay tax for forex trading and how much?

taxes are not paid to forex they are always paid to the country you are living in if your country is not charging tax on forex trading then you donot need to pay tax

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Re: how to pay tax for forex trading and how much?

I agree with you, I don't think one has to pay any taxes for trading forex.

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Re: how to pay tax for forex trading and how much?

I think taxes are not paid in forex.
And as I know Forex never charging for taxes. CMIIW

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Re: how to pay tax for forex trading and how much?

neotech wrote:

I think taxes are not paid in forex.
And as I know Forex never charging for taxes. CMIIW

Yes I am agree with can I know where you from and which pair you like for trading..thanks...

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Re: how to pay tax for forex trading and how much?

Taxes are charged on your total income, which may have a part from FX trading. And the rates are country specific of the trader.

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Re: how to pay tax for forex trading and how much?

If you are in UK, you can go for a spread-betting account and it's tax free. Otherwise you will probably have to pay tax but only if you make money (which may be some way off).

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Re: how to pay tax for forex trading and how much?

Recently, a number of major brokers, including ActivTrades, Just2Trade, NAS Broker and Halifax Investment Services, announced the launch of MetaTrader 5 with hedging.

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