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futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.
At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.
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Does anyone know how to submit the tax return to CRA when you are trading Futures? I know the dollar values need to be converted to Canadian dollar but how do you calculate the capital gain or loss? is it monthly or daily? what format is CRA looking to have the gain/loss?
Need to submit my tax return and one accountant I spoke to told me that CRA needs a list of every single trade with its proceeds. I am on TradeStation platform and they provide me with two options:
- A monthly summary of gain/loss for each trade and all the fee/comm with no purchase price, just asset name
- List of all trades for a year with buy or sell prices and contract quantities including all the fees
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