Re: Tax on Forex trading UK?

2
TheKMC 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...
Welcome to the forum mate :thumbup:

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).
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TheKMC
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Re: Tax on Forex trading UK?

4
TheKMC wrote: Tue Mar 26, 2019 5:00 pm Thats good :) thank you for the info :)
Anytime 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


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