Online Trading Academy Dubai, UAE

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Some countries consider binary options as a finance trading online dubai of gambling, such as the UK. The HMRC will not charge you any taxes on profits made through binary options. However, in the future binaries may fall under the umbrella of financial derivatives and incur tax obligations. Whilst you are probably still exempt, it is worth seeking clarification.

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On the other hand, if you wish to keep your funds in the country, you can always be sure of the licensed brokers.

For those traders who are willing to trade with brokers from abroad, there are also excellent choices of top-performing brokers licensed in the UK or the EU. That also includes choosing a licensed and promising broker. In the Philippines the regulatory body that is responsible for evaluating these companies is called Securities and Exchange Commission (SEC) of the Philippines.

It assures that all the trading activities happening in the region are legal and in the best interests of the country and its citizens.