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  1. #1
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    Aug 2020
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    Forex trading, tax and getting a mortgage in the UK

    Hopefully this is ok to post here but I was wondering if there are any people here, particularly from the UK who have had sufficient success for forex to form the large part or all of their income and what were the implications for tax/NI. Finally, were there any issues getting a mortgage? I know if you are a successful sports trader you can provide all the Betfair statements you like showing consistent income but you would get laughed out the bank so I wondered if there same was true with forex.

  2. #2
    Forum Regular
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    Aug 2020
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    16
    Hey! Forex trading is a complex activity in all aspects, you will definitely have to face the issue of paying taxes sooner or later, and you better find out as much as possible about this on the website https://theindustryspread.com/forex-trading-tax/
    The sooner you are aware of how Forex taxation works, the easier it will be for you in the future!

  3. #3
    Forum Regular
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    Sep 2020
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    39
    Forex has many advantages and is rightfully considered the largest financial market in the world. First, the ability to make money both on the rise in the value of financial instruments and on their fall. Secondly, it is a very liquid market, where buying and selling assets is often not burdened with difficulties.

  4. #4
    Forum Regular
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    Aug 2020
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    80
    The average earnings of an ordinary trader is 10-20% per month, you must admit that not every business gives up to 200% of annual income for the amount of invested capital. Therefore, forex is attracting a lot of attention.
    But so that you can earn on forex you need a reliable forex broker. And I recommend that you contact the European licensed broker RoboMarkets. With RoboMarkets you will receive favorable conditions for placing a deposit https://www.robomarkets.com/clients/...ansfer-seb-cy/ and stocks trading

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