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Old 04-19-2006, 07:08 PM
haubentaucher haubentaucher is offline
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Quote:
Originally Posted by Braindancer
If it comes to taxes, you'll have to pay it that way or another.
Tax system can vary in diffrent countries, in most of them capital gains tax exists, so you have to pay it, if it does't exist you have to sum up all of your incomes including forex gains and pay tax according to normal tax rate that is binding everyone.

So i think it is better when they separate capital gain tax from personal tax and give it a lower rate, for example 15% not 40%.


Someone said Oanda has low leverage
if you really know what trading is about, 50:1 would be too much for you,
I can't even imagine how can someone trade at 200:1 or 400:1
for me that is suicide, if you use it on such a hard market as forex where liquidity can kill you in seconds on 400:1.

greets
right. that`s life
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