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Adam Milton
Adam's Day Trading Blog

By Adam Milton, About.com Guide to Day Trading

Tax Free Day Trading

Monday August 6, 2007

Day trading profits are usually taxed as capital gains, but there are some alternative ways of day trading that are not taxed at all. Once such alternative way is binary betting, which is a form of gambling that is not taxed either as income or capital gains (in certain countries). Binary betting has both advantages and disadvantages, so before you decide to cancel your brokerage account, and start gambling instead, make sure that you read the binary betting description in the day trading glossary.

Comments

August 8, 2007 at 3:12 pm
(1) Day Trading Fan says:

Hi there :)
Just happened to come across your page and found it to be very interesting. I’ll definitely be bookmarking it.
You may find my site interesting as well. We offer online day trading courses. Check it out at http://www.daytradingcourse.com

August 26, 2009 at 7:48 pm
(2) Andy says:

there is also spread betting which is tax free in the UK and Ireland.

Andy

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