Kravm
Last Activity:
Dec 7, 2019 at 9:38 AM
Joined:
Oct 25, 2017
Posts:
13
Likes:
5

Following 1

Gender:
Male
Birthday:
Feb 1, 1978 (Age: 41)
Location:
Sweden

Kravm

Male, 41, from Sweden

Kravm was last seen:
Dec 7, 2019 at 9:38 AM
    1. Traderesque
      Traderesque
      3. I currently trade via US-based Stage-5 with Dorman as the FCM and Rithmic as the data provider - do you know anyone who has a similar set up on the forums and trades from Sweden.

      thanks
      1. Kravm
        Kravm
        Not sure about that one. I donĀ“t know anyone here that use those providers. But there are really good software available for trading futures here. I have a few friends that used to trade huge size in the futures market (via the Capital Insurance structure) but they had hard time to cope with how the markets changed around 2010 or so. They came to Sweden because of the low tax on trading.
        Oct 13, 2019
    2. Traderesque
      Traderesque
      2. How are expenses incurred during the course are treated - are they tax deductible (like I can do in the UK) - my monthly fixed expenses for exchange access, trading related software comes to about $500 and about $1000/month in commissions.
      1. Kravm
        Kravm
        Depends on what tax structure is used. If you trade via your own company, all costs are deductible. But via ISK for example, no costs are deductible (but the tax is really low anyway, insignificant really). Commissions are deductible in the company structure and also in the private account structure.
        Oct 13, 2019
    3. Traderesque
      Traderesque
      1. Swedbank seems to offer futures & options trading via ISK - are you able to comment what the situation might be if realy want to continue trading futures on the above mentioned exchanges.
      1. Kravm
        Kravm
        I am not familiar with the Swedbank offering via ISK. But in general, no day trader here use Swedbank for any sort of trading. Swedbank mostly aim for small accounts. Nordnet, Avanza, Pareto or SEB are the banks most traders use.
        Oct 13, 2019
      2. Kravm
        Kravm
        I trade mostly Nordic cash equity, so I am not 100% up to date on what banks offer access to the future markets that you trade. I know that Nordnet were looking to allow trading DAX futures in ISK some time ago, I can check on the progress there.
        Oct 13, 2019
    4. Traderesque
      Traderesque
      Hello! and many thanks for taking the time answer my questions regarding tax implications for traders in Sweden.

      I mainly day trade (both long & short) futures contracts on CME/Eurex/ICE Europe and make a decent enough money and was considering moving to Stockholm from London. I've got a few more questions - perhaps you can answer from your experience.
      1. Kravm
        Kravm
        Hi, sorry for the late response. Did not see you message until now. I will be happy to answer questions and help out if I can.
        Oct 13, 2019
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  • About

    Gender:
    Male
    Birthday:
    Feb 1, 1978 (Age: 41)
    Location:
    Sweden