It is necessary to say that if you are going to loan data make a living from Forex and online trading, you must consider all kinds of factors. Therefore, location could be one of those crucial points when it comes to trading. Why? Well, due to the legal regulations in force there, which can be largely quite beneficial for the investor.
On the other hand, in broker platforms, regulatory frameworks must be established for each country. Therefore, it is important that you choose well from which area you will carry out your financial activities. At FXORO , you can register anywhere in the world, so it is a global and regulated platform. Now, without further ado, we make room for the list of countries.
Swiss
Switzerland leads the list of fastest growing online trading, not only because of its favorable laws, but also because of the willingness of its population to invest in the sector. It is estimated that a high percentage of the population, up to 60% or more, is active in online trading. In Switzerland, this type of operation is regulated by FINMA, which in turn is responsible for stock exchanges, banks and other financial institutions.
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In Switzerland, you have to pay tax on Forex transactions, whether with shares, assets or commodities, etc. However, there will not be any kind of law penalizing people who make a lot of money through these, which is undoubtedly a great advantage. Likewise, Ireland, together with the United Kingdom, have similar laws.
