Trading results and tax: the basics
Tax treatment depends on where you are resident and on your own circumstances. What follows covers general classification and the records a filing tends to require. For anything specific — whether tax is due, how much, and when — consult your tax authority or an accountant.
How results are classified
For residents of Japan, results from an overseas broker are generally treated as miscellaneous income. The mechanism differs from that applied to domestic broker accounts, so the two cannot be calculated the same way. Other jurisdictions classify it differently again.
Which results count
Generally, trades that have been closed and whose result is settled. Open positions carry unrealised profit and loss, which is not settled at that point.
Records worth keeping
MT5 exports a trade history report for a date range of your choosing. Saving a full year at year end gives you the result and timestamp of every trade. Keeping your deposit and withdrawal records, with dates and amounts, makes reconciliation easier.
What we can provide
We do not prepare tax documents or calculate tax. What we can provide is your trade history and your deposit and withdrawal records. Contact us if you need them.
Where to check
Whether tax applies, how much is owed and when it must be filed all depend on your jurisdiction and your wider income. Please consult your tax authority or an accountant.
This page provides general information and is not tax advice. Rules change. Before filing, please confirm your position with your tax authority or an accountant. We accept no responsibility for decisions made on the basis of this page.
Getting started is simple
Opening an account is free and the application is completed online in 3 to 5 minutes.
Foreign exchange trading carries the risk of losing your invested capital, and higher leverage increases that risk. Please consider the risks carefully and trade only within a range of loss you can bear.
Past performance neither indicates nor guarantees future results.
This website is not directed at residents of Japan. AXIA PHOENIX FINE PROJECT does not provide services to residents of certain jurisdictions, including the United States, Afghanistan, Belarus, Burma, the Central African Republic, Congo, Cuba, Egypt, Guinea, Iraq, Iran, Lebanon, Libya, Mauritius, North Korea, Pakistan, Somalia, Sudan, Syria, Venezuela, Yemen and Zimbabwe.