# Fx Trading and Taxes

**URL:** <https://forum.mustachianpost.com/t/fx-trading-and-taxes/1729>\
**Category:** Taxes\
**Created:** [January 18, 2019, 10:28am UTC](https://forum.mustachianpost.com/t/fx-trading-and-taxes/1729 "2019-01-18T10:28:22Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![Julianek](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/julianek/32/251_2.png) [@Julianek](https://forum.mustachianpost.com/u/Julianek)\
**Post date:** [January 18, 2019, 10:28am UTC](https://forum.mustachianpost.com/t/fx-trading-and-taxes/1729/2 "2019-01-18T10:28:22Z")

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> [@Experience Interactive Brokers - 2nd chance](https://forum.mustachianpost.com/t/experience-interactive-brokers-2nd-chance/355/68):
>
> some non-mustachian FX trading on IB.

I guess by FX trading you mean “many positions on currency pairs that I do not intend to keep open more than 6 months” =\> This would break one the criteria that tax office uses to decide if you are a “professional” or not. if they deem you professional, then **all of your capital gains (including your mustachian investments in ETFs) will be considered as taxable income, and thus taxed at your marginal tax rate…**

I don’t think it is worth the IB fee allowance… 😉

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