Making money by investing in forex is not as difficult a task as it sounds. With strategy , positive mindset and respect for method, good results become consequence . But to calculate the real profitability of the investment, you need to dilute the rates that are levied on it. Look:
Investing abroad is a totally legal process and one should therefore pay 15% income tax on profits . This is the regulation of resolution 3412, of 09/27/2006, prepared by the National Monetary Council. And, to be 100% legalized, it is necessary to declare what you have forex investments.
This should be done every year, regardless of the amount invested. That is, even with a small account it is important to make that statement - in addition to paying the mentioned tax when you make a profit. But, remember: removing the IR and declaring the financial application are totally different things.
So, to earn money with forex quietly, I always suggest consulting an accountant or tax accountant to do everything the right way. Other than this cost, there is the international transfer rate (around US $ 20) and the IFA 0.38%. Opening an account at the foreign brokerage is totally free .
Another item that raises many questions is about the sending of values and withdrawals after making money in the forex. Here's how to go about these two important steps in the next topic.
How Submissions and Redemptions Work
Deposits are made by international credit and debit card or transfer (via bank or exchange office). And withdrawals, up to the same amount deposited, can also be made with the card. Already higher redemption values, must be repatriated by bank transfer.
As for the transactions in the foreign brokerage, they work as in an account here in Brazil: you can move it normally, deposit and withdraw the money earned with forex when you wish. Simply request online transfers and the amounts will go to the account linked to your account.
Now that you already know how to make money in the forex market, check out the video below. In it, I tell you about the experience of achieving 142% profitability in just five months. Fantastic result for such a short period of time! Check and verify the exclusive invitation that I leave in the credits:
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