You are tax-free only if you are a part-time spread betting trader. Is Forex Trading Tax-Free in the UK?įorex trading is not tax-free in the UK. If you are a forex trader that total income and annual capital gains are more than £50,000, you are subject to 20% capital gains tax (CGT).If you are a forex trader that total income and annual capital gains are less than £50,000, you are subject to 10% capital gains tax (CGT).If you are a part-time spread betting trader, you are tax-free.
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