EU Citizien with non EU broker

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jan.drees
44
jan.drees  

Hi,

I am trying to explor where the difficulties are if I (eu-citizen) chose a non EU broker. My questions are like what about taxes? Which country has which regulations? Are the any specific pitfalls? Could someone point to some articles?

Since I am not asking for any specific broker I hope this is OK to ask.

br

Jan

Mohammed Mounir
1014
Mohammed Mounir  
may i ask, why you are looking for non EU broker?
Carl Schreiber
Moderator
7068
Carl Schreiber  
Mohammed Mounir:
may i ask, why you are looking for non EU broker?

Probably due to the new ESMA regulations.

Trading forex in Europe? This is what the new ESMA regulations mean for you
Trading forex in Europe? This is what the new ESMA regulations mean for you
  • 2018.04.13
  • www.fxstreet.com
ESMA is rolling out significant changes for forex trading in the European Union. What are the regulations? How will they impact trading? How can I prepare?  This article aims to answer all these questions and more.  What it is all about and what we think about it What are the regulations in general? The new regulations impose limits on leverage...
kypa
972
kypa  
In Germany you will have to pay 7 to 19 percent taxes on every purchase you make with trading profit money earned through a broker outside EU regulations.
jan.drees
44
jan.drees  
Well my Intention was to do some social trading but with a leverage of 1/30 on the on the one side and 1/400 on the other side and an balance of 1000 bucks it doesnt work to good
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