Forex Trading Online FX Markets Currencies, Spot ...
Forex Trading Online FX Markets Currencies, Spot ...
Asia Morning: U.S. Stocks Extend Gains - forex.com
Forex Gains
How to Calculate Forex Gain or Loss - Forex Education
Forex Gains
Spread Betting - Trading Without The Tax
Spread Betting is a form of trading stocks, or any other security by placing your trades on a brokers/bookmakers price rather than the actual market. Trading this way means (in the UK) you don't pay any stamp duty or become liable for capital gains tax on your profits (if there are any!).. But lets get down to the nitty gritty, stocks, indices, forex or commodities, ideas to trade or charts to watch... :) All welcome..
Can Forex gains be written off as corporate gains instead of capital gains? (DE)
So essentially I would create a company and write up the income from Forex trading on the behalf of the company in order to pay less taxes? Also, how is the situation in Germany? Tried looking up on the Internet myself but did not really make much sense to me since different sources are saying different things. So I'm looking for someone that knows or have done this?
How to calculate the forex gains made on a foreign stock?
Hi all, I recently made my first investments in foreign stocks and need to update my Excel sheet. I am already calculating my gain/loss on each security in their respective currency and in my base currency with the current exchange rates. Now I'd like to add a column that tells me how much gain/loss (in my base currency) is due to the FX changes. Any idea how to get that? Cheers
Unsure how to claim forex gains/losses. Reading a bunch of conflicting things, my 2018 I claimed it as income, I have losses this year and am wondering if I should just ignore them at this point if the CRA would be indifferent. Business losses seemed to be the way to go for short-term forex losses, but when I go to business losses it asks me for: Proceeds Cost base Outlays Which seems impossible/painstaking using the crappy 'account summary' I am given with hundreds of trades. Would posting losses as outlays be acceptable?
I've read that I go to Federal taxes - Wages & income - I'll choose what I work on - Less common income - Misc income 1099-A 1099-C - Other reportable income. But what about entering the gains/losses on every trade? Is it simple to manually enter the information into whatever form it gives me, or is it practically necessary to use some type of accounting software to help me do that? My broker, Forex . com has records of trades, but I'm not sure how to enter them. Will I need to do any calculations or just copy the info over into Turbotax? Note, I haven't gotten this year's version of Turbotax yet, just trying to understand this. I've reported cryptocurrency gains and losses before, but not Forex, and with that, I could import the data.
Q3 Results: IndiGo Returns To Profit On Other Income, Forex Gain
India’s largest airline’s net profit fell 74.95 percent on a yearly basis to Rs 191 crore in the third quarter, according to its exchange filings. Analysts had forecast a wide range for bottom line between a net loss of Rs 600 crore and a net profit of Rs 600 crore. The low-cost carrier had reported a surprise loss of Rs 652 crore in the previous quarter because of a weaker rupee and higher aviation turbine fuel prices. ... Link to full article: https://www.bloombergquint.com/quarterly-earnings/q3-results-indigo-returns-to-profit-on-other-income-forex-gain
Q3 Results: Sun Pharma’s Profit Beats Estimates, Margin Expands On Forex Gains
Sun Pharmaceutical Industries Ltd.’s quarterly profit beat estimates on a higher margin, providing relief to India’s largest drugmaker as it grapples with corporate governance concerns. Net profit rose 286 percent year-on-year to Rs 1,242 crore, according to its regulatory filing. That compares with the Rs 980-crore consensus estimate of analysts tracked by Bloomberg. ...
Key Highlights (YoY)
India sales rose 7 percent to Rs 2,235 crore.
U.S. finished dosage sales increased 10 percent to $362 million.
Emerging markets sales stood at $203 million, up 7 percent.
Rest of the world sales rose 4 percent to $125 million.
So the general idea is that TD is an introducing broker to Gain (Forex.com) and it even says on the sticky info thread here. Thing is, I pulled up both live accounts and Forex.com and TD do NOT have same spreads. TD also has floating margin requirement that is not present on Forex.com. Right now there is 3% margin requirement on EUUSD while Forex.com has usual 2%. Forex.com usually has 1.2 - 1.5 pip spread on EU while TD majority of time is 09 to 1.0 pip spread. USDCAD spread is 0.2 - 0.4 pips worse on TD than Forex. So clearly there is some differences here. Meanwhile ATC is completely identical in everything to Oanda. So what is TD ameritrade??
I am making some gains in Forex trading and want an idea on reporting taxes. I invested around $5000 in november and its at $7000 now. I haven't withdrawn any money from the account yet. When I do taxes should I report the gains or should I report it only after withdrawing the money? Also is this going to be a capital gains since I have a full time job already.
I started a $300 account as you guys know a while ago, and grew it to about $700, had a down period back to around $550 all in the span of a week with around 5-10% risk on trades (high I know, but it's a small account, early days.) What I'm wondering though is, does this mean I could've turned a $3000 account into a $5000 account? What about a 30K account into a 50k account? At what stage does liquidity effects start to make it not scale linearly? (This is assuming my risk management/emotions are the same with 30k as they are with $300). (Ofcourse I'm not silly enough to actually use more than 1-3% risk with a 30k account).
Any tax pros here who have experience with reporting Forex gains, who wouldn't mind answering a question or two via PM?
I have a client with Forex trading, and I have no experience in this. Not much good info available out on the internets, so thought I'd turn here for possible help. Anyone?
Forex Gains/Losses – Realized and unrealized . Gains and losses in realized and unrealized form through forex transactions vary on whether or not the entire transaction gets finished till the end of the total accounting period. Gains/Losses – Realized and unrealized. Realized gains and losses are losses and gains that are completed. Forex Gains is a legally operating company in the UK . We were one of the first to invest in cryptocurrencies. Forex Gains is a leading blockchain investment company. Our mission is to act as a catalyst for universal adoption and blockchain innovation. We focus only on investing in blockchain technologies. Forex - Dollar Gains For Now; Lira Continues to Slide. 1 . Comments . 1. Related Articles. Pound Fights Back as U.K. Readies New Measures to Support Recovery By Investing.com - Sep 24, 2020. Forex futures and options are 1256 contracts and taxed using the 60/40 rule, with 60% of gains or losses treated as long-term capital gains and 40% as short-term. Spot forex traders are considered ... FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act.
How to be Consistently Profitable in Forex Trading - YouTube
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