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IT DEPENDS ON A COUNTRY
SOME OPTHER COUNTRIES DOESNT APPLY TAXES IN FOREX TRADING
Forex trading is a taxable income. It's depends in the country.
Trading is a passive income, you should consult to local authorities for the tax.
When it comes to taxes and forex trading, it's a bit like other income. In some places, profits are considered capital gains and might get taxed at a different rate.
Taxes on forex trading depend on your country's laws, but generally, any profit you make is considered taxable income. You usually have to report gains or losses to the tax authorities and pay taxes accordingly.
Many governments in other countries consider forex trading profits to be taxable income. If you make a profit from your trade, you may be subject to income tax.