Hey guys I'm new here..
Just wanted to find out do we get taxed for the money what we make in forex when we want to withdraw it? I'm based in the UK and I have a full time job to where I pay tax...
Re: Tax on Forex trading UK?
2Welcome to the forum mateTheKMC wrote: Mon Mar 25, 2019 6:28 am Hey guys I'm new here..
Just wanted to find out do we get taxed for the money what we make in forex when we want to withdraw it? I'm based in the UK and I have a full time job to where I pay tax...
No you won't be taxed in the UK because Spot FX trading is classed as speculative there so you dodge the CGT (Capital Gains Tax).
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.
Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance
No commissions are earned by Forex-station.
Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance
Re: Tax on Forex trading UK?
3Thats good thank you for the infoJimmy wrote: Mon Mar 25, 2019 8:02 am
Welcome to the forum mate
No you won't be taxed in the UK because Spot FX trading is classed as speculative there so you dodge the CGT (Capital Gains Tax).
Re: Tax on Forex trading UK?
4Anytime dude
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.
Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance
No commissions are earned by Forex-station.
Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance