About the taxes

The customers of Solidary Markets FX are required to declare the profits they will achieve by trading. Not because we as Solidary Markets FX say so but due to tax reasons and common sense. The amount of tax is varies from country to country usually between 10 and 30%. You have to check with your financial planner. It is the responsibility of the customer to make their declarations, as Solidary Markets FX is not a finance lender and does not retain any part of those earnings.

Solidary Markets FX does not accept payment by third parties into the customers account either, as only the account holder may deposit in it. The accounts are only open to individuals or companies that can prove their actual existence and give proof of their address.

These are measures to avoid Forex trading being used for money laundering or to finance illegal activities.

Citizens of any country in the world can open an account with Solidary Markets FX, EXCEPT the following countries:

  • New Zealand
  • United States of America
  • Democratic People’s Republic of Korea (North Korea)
  • Eritrea
  • Iran
  • Iraq
  • Liberia
  • Libya
  • Somalia
  • Sudan
  • Syria