It's almost the end of the year, so everyone should keep their wallets safe and celebrate the New Year in peace. Today, I'm here to share some important information about forex trading withdrawals and taxes. Many novice investors may not be familiar with the tax regulations of foreign exchange trading, and may easily fall into traps set by some unscrupulous platforms. Let's explore this issue together below!
Recently, user feedback from Zebra Complaints: Some investors have encountered difficulties withdrawing funds on a certain forex trading platform.
According to user A's sharing on the Zebra Complaints Platform and with the introduction of colleagues https://h5.coin-xau.pro The paid in investment cannot be disbursed now. It has always been said that the promotion is quantitative transaction and customer service is contacted to match the money dealer for transfer. I paid through Alipay code scanning and transferred the paid in by bank card.
From the end of October to the beginning of December, I invested for more than a month. At that time, I looked at the platform profile and thought that what was written on it was real. I also looked at my colleague's previous trading and withdrawal once and thought that this was a real trading platform, so I followed suit and invested. Now, my colleague's withdrawal has been under review, and my colleague's withdrawal has been required to pay a deposit, claiming that he violated the rules. He was asked to pay 300000 US dollars, and the deposit would be returned to his account after payment. Now it has been returned to his account, but the withdrawal cannot be made.
According to user feedback, the platform has no information on third-party foreign exchange platforms, and the domain name is relatively young with an IP address displayed in Hong Kong. Investors should be vigilant about such platforms. Many people may receive a message from customer service saying, "To complete the withdrawal, please pay the corresponding taxes first." It should be noted that in China, there is no need to pay taxes on domestic and foreign exchange transactions. According to the latest policy, the profits and losses of users during the investment process do not constitute taxable income under tax regulations.
Kind reminder: If you encounter situations where additional taxes and fees are required to complete the withdrawal, be vigilant as this may be an irregular platform behavior.
How to avoid becoming a victim?
1. Before deciding to join a platform, take some time to understand its background information and look at reviews and feedback from other users.
2. Be more vigilant about promises that are too good, such as ultra-high returns and zero risk guarantees.
3. Downloading applications, registering accounts, and making deposits and withdrawals should all be done through official links provided on the official website or app store.
4. If you unfortunately encounter any problems, remember to keep all relevant chat records, transfer vouchers, etc. as a basis for future rights protection.
5. Once an abnormal situation is discovered, immediately stop trading and discuss countermeasures with family and friends. If necessary, report to the public security organs.
Foreign exchange platforms must hold relevant overseas regulatory licenses. Having a foreign exchange license from mainstream European and American countries means that the platform operates in compliance with legal regulatory frameworks and provides investors with relevant investment protection. Therefore, holding a legitimate regulatory license is crucial for a foreign exchange platform.
Before investing, check the qualifications of the platform first
Open the Hai Tou Ranking app and enter the name of the forex platform you want to query in the search bar on the homepage
Select the corresponding platform on the search page;
By querying ratings, risk monitoring, regulatory information, exposure platforms, and MT4/5 software, the reliability of the platform can be determined.
So before investing, check the qualifications of the platform first
