China

Mike_B

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Hello there,

I'm moving to china (Guangzhou) at the end of October and was wondering if anybody knew anything about forex trading laws there?

I've been finding it quite hard to get any info on it

Thanks
 
I also forgot to ask if it would make more sense tax wise to register as self employed or as a company...
 
In China, you can only open cash account to trade currencies. China don't levies capital gain tax. So no tax on currency tradings.

If you open an account abroad. China do't levies tax on that also.
 
Great. So there are no restrictions on how / when I can trade?

Will i just be able to open an account with a broker here and still be able to use it in China?

Normally the restrictions apply the other way around depending on your Citizenship and residency (residency and citizenship are two different and distinct things). You need to find out whether your broker will allow you to use your account when you are a non-resident.
 
Hello there,

I'm moving to china (Guangzhou) at the end of October and was wondering if anybody knew anything about forex trading laws there?

I've been finding it quite hard to get any info on it

Thanks

你好,我来自中国,居住在中国?
你居住英国的,中国人吗?
还是居住中国?

Hello, I am from China, living in China? You live in the UK, the Chinese people? Or living in China?
 
你好,我来自中国,居住在中国?
你居住英国的,中国人吗?
还是居住中国?

Hello, I am from China, living in China? You live in the UK, the Chinese people? Or living in China?

Hi, I'm from the UK (English) and relocating to China for a few years. Can't actually speak Mandarin yet, getting a tutor when we're out there.

Where you from?
 
Hello there,

I'm moving to china (Guangzhou) at the end of October and was wondering if anybody knew anything about forex trading laws there?

I've been finding it quite hard to get any info on it

Thanks


在中国,外汇交易是非法的
除非你在香港
香港的合法的外汇交易,杠杆只是1:20In China, foreign exchange trading is illegal unless you are legally in Hong Kong, Hong Kong's foreign exchange trading, leverage is 1:20
 
Hi, I'm from the UK (English) and relocating to China for a few years. Can't actually speak Mandarin yet, getting a tutor when we're out there.

Where you from?

在中国,外汇交易是非法的
网络封锁非常严厉
比如oanda,LCG 会经常的链接不上

interactivebrokers相对好一些的。因为interactivebrokers的服务器在香港

interactivebrokers通过香港的服务器,与美国的服务器相连接

In China, foreign exchange trading is the illegal blockade of very severe such as a network oanda, LCG is not often link to the relatively better on interactivebrokers. Because interactivebrokers server in Hong Kong through Hong Kong interactivebrokers servers connected to the server with the United States
 
Hi, I'm from the UK (English) and relocating to China for a few years. Can't actually speak Mandarin yet, getting a tutor when we're out there.

Where you from?



在中国你想做外汇交易,
最好使用 interactivebrokers

You want to do foreign exchange transactions in China, it is best to use interactivebrokers
 
Do you have any links to anything regarding that? I've been searching online but not found anything that says it's illegal
 
Hi, I'm from the UK (English) and relocating to China for a few years. Can't actually speak Mandarin yet, getting a tutor when we're out there.

Where you from?

中国的食品,是有危险的
对于一个生长在英国的人
你来到中国,显然你的肠胃是承受不住的。
哈哈
我是一个中国人,我正在想办法离开中国,而你这个英国人竟然想去中国
Chinese food, there is a growing danger for the people in the UK you come to China, obviously your stomach is not bear. Haha I am a Chinese, I are trying to leave China, and you actually want to go to China this British
 
Do you have any links to anything regarding that? I've been searching online but not found anything that says it's illegal



中国没有一家银行提供外汇杠杆交易。
答案很清楚了

Bank of China did not provide a leveraged foreign exchange trading. The answer is clear
 
我国最新颁布实施的《银行法》已经把原来的“经营保证金等金融衍生产品”定性为扰乱金融秩序罪的罪名删除。也就是说法律已经不规定它为违法。按照我国“法无规定不违法、法无规定不犯罪”的定性原则,可以明确的负责任的地说:国内可以做保证金交易。
 
I've just spoken with FXCM's Chinese branch who have said FX trading is not illegal & they've not heard of any problems with it. In fact, they have quite a few clients resident in china.
 
I've just spoken with FXCM's Chinese branch who have said FX trading is not illegal & they've not heard of any problems with it. In fact, they have quite a few clients resident in china.

FXCM非常差
中国人都不怎么去使用它了。
你是英国人,怎么会关注这么差的公司?

FXCM very poor
Chinese people do not how to use it.
You are British, are concerned about how such a bad company?
 
I've just spoken with FXCM's Chinese branch who have said FX trading is not illegal & they've not heard of any problems with it. In fact, they have quite a few clients resident in china.

中国做外汇杠杆交易,
就是非法的
我是中国人,
从小就在这里长大
我怎么能不清楚呢?
你可以投诉FSA
因为FXCM在误导你

China leveraged foreign exchange trading to do,
Is illegal
I am a Chinese,
Childhood growing up here
I do not know how to do?
You can complain about FSA
Misleading you because FXCM
 
Retail FX trading is neither illegal nor made difficult in China. Most of the larger retail FX brokers have representation and facilities in mainland China. Your tax situation will be determined by your nationailty and domiciled status there, just the same as anywhere else.

Most brokers offering FX retail trading facilities will operate under SIngaporean fiscal regulatory rules.

If you're going out on a corporate basis I imagine you'll be in a major hub where infrastucture and facilities will be good. As is the food...

In the unlikely event you're being sent 'up country' then not being ablse to trade will be the least of your worries.
 
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