Hey.
Yes you have to pay taxes accoording to your nation laws.
Leverage means that your broker lends you money to increase your buying power.
ed4474:
Could someone please explain to me ?
By the way, do we need to pay taxes before any withdrawals being made on our trade account?
No, you pay tax to your government. Only scam brokers collect tax.
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Could someone please explain to me ?
By the way, do we need to pay taxes before any withdrawals being made on our trade account?