Do I need to pay taxes on my earnings?

Hypothetical/simulated environment disclosure. All trading activities performed using our trading platform are executed in a simulated environment. Please note that, we only offer virtual demo accounts where live market conditions are simulated and any reference to “funded” used on our website or in any of our terms and conditions is a reference to virtual funding only. Furthermore, users should be aware that the trading results in this environment do not reflect real trading outcomes.

The simulated trading environment in our trading platform is specifically designed for educational and evaluation purposes only. The “funds” provided to you for the evaluation are fictitious and do not represent any form of real currency and therefore you have no right to possess those fictitious funds beyond the scope of their use within the trading portal and for the sole purpose of the evaluation.

Hypothetical and/or simulated performance results have fundamental limitations as they do not represent real trading conditions. Moreover, since the trades have not been executed, the results may have under- or over-compensated for the impact of any market factors, such as lack of liquidity. We do not make any representation as to the fact that any account will or is likely to achieve profits or losses similar to those shown in hypothetical results.

Evaluation disclaimer. Trader accounts aim to simulate trading that can be closely aligned, including, commissions and spreads. However, the evaluation is challenging and may not be suitable for individuals with limited or no trading experience.