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If you are a non-US person, you will be notified to submit a Form W8 during the application. This will designate your country of taxation and, if it is not the US, you are not subject to US taxes on your trading profits. Virtually every country, however, imposes withholding taxes on dividends paid by local corporations to non-residents. The default rate is 30% although it may be lower if an international tax treaty involving your country exists.
All investments involve risks, including the possible loss of capital. www.support.mexem.com is a website owned and operated by MEXEM Ltd. MEXEM Ltd is a European broker regulated by CySEC, license No. 325/17.
Any advertisement or communication concerning the distribution of derivatives falling within the scope of the Regulation of the FSMA of 26 May 2016 governing the distribution of certain derivative financial instruments to retail clients is not addressed to the Belgian public.