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Non-EU Student in Germany Forex trading Legality
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Non-EU Student in Germany Forex trading Legality

  #1 (permalink)
Trading Apprentice
Bangalore+Karnataka/India
 
Futures Experience: Advanced
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Billa19's Avatar
 
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Non-EU Student in Germany Forex trading Legality

Hi Traders,

I need clarification on few things regarding the regulations in Germany for Non-European student who wants to trade in Forex Market.

1) Whether Non-EU student(doing PG) in Germany can trade in Forex/ Binary options ?

2) If its Legal for Non-EU student in Germany to trade in forex, does trading activity gets counted under part-time work hours ?

3) Does trading is considered as self-employment in Germany ?

I want to trade within the limits of legality. Don't want to take any risk.

Can someone who knows about trading regulations in Germany / EU nations Please clarify...

Thanks in Advance...

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  #3 (permalink)
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Berlin, Europe
 
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Billa19 View Post
Hi Traders,

I need clarification on few things regarding the regulations in Germany for Non-European student who wants to trade in Forex Market.

1) Whether Non-EU student(doing PG) in Germany can trade in Forex/ Binary options ?

2) If its Legal for Non-EU student in Germany to trade in forex, does trading activity gets counted under part-time work hours ?

3) Does trading is considered as self-employment in Germany ?

I want to trade within the limits of legality. Don't want to take any risk.

Can someone who knows about trading regulations in Germany / EU nations Please clarify...

Thanks in Advance...


Disclaimer: I am not an expert, and the answers below may be false.

(1) I do not see any reason not to trade FOREX or binary options. Of course you need to find a broker willing to open an account for you.

(2) Trading is not considered as an industry. Your trading profits or losses are subject to capital gains tax. Capital gains are taxed at 26.4 %.

(3) If you trade your own account this is not being considered as self-employment.

Please check this with a tax lawyer.

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