Hello.I have offshore company(IBC) registered in Belize. My company isn't liable to any taxation in Belize on any international profits( generated outside of Belize, which includes US). I will use this company to open trading account with US-registered broker. I'll be trading primarily forex, but also currency futures and ETFs. This will be my only US activity. I'm predominantly a day-trader, so short-term capital gains. My company WILL NOT have permanent establishment in US(so, income not effectively connected). It will not be a US resident. I'm a citizen of Lithuania and a resident of Poland.Will I be liable to any capital gains taxation in US? My broker will only withhold taxes on dividends and interest(no tax treaty between US and Belize), not on cap. gains. If so, would I need to obtain a TIN or file any tax forms notifying IRS of my cap. gains? W-8BEN ,1040NR? Or both? Will there be any backup withholding on my capital gains? What can I do to avoid it? Thanks.

Agree with the above answer and, according to IRS, you do not have to file a U.S. tax return (Form 1040NR) because your U.S. tax liability is satisfied by the withholding of tax.
You are to file W-8BEN and give it to the withholding agent (not to the IRS) before you are paid, i.e. your US-registered broker is to request it from you. If you don't provide it they may have to apply backup withholding rate.

software that trades currencies on different platforms and different accts at the same time in the forex market.

A software like Supra Forex can do it, but it’s not an automated system.

How can i benefit from FOREX trading?

There are a number of brokerage firms which offer forex accounts. Just do a search for forex trading. The value of the world's currencies changes minute to minute. Simplisticly, it operates much like trading stocks and you can make money the same way. You are trading currency instead of stock.
There are also many firms who offer classes, some for free, on forex trading. Good luck.

There seem to a lot of options available on the web, definately some would be scams, which ones are good enough to learn from?

Hello,

Definatly babypips.com

Tom

http://www.wealthymarketer.net

Day trading the Forex market is just like day trading the equities market, in fact it is probably better because the liquidity is better an the volatility is better therefore you have a greater chance of making profits

http://www.premieretrade.com/

Without even spending the money for a book I really like the information and format of babypips.com. This is one of the first steps that I recommend to all of my clients to get a sound understanding of the Forex market.

I then recommend some actual hands on experience by trading with a demo account using virtual dollars and not any of their own hard earned money. This way you can experience the actual tools and processes used when trading in the Forex marketplace. This will also allow you to experience the actual movement of various currency pairs in relation to each other.

The Forex market is quite interesting, it is fun and dangerous at the same time.The educated and cautious live to trade another day. The impatient and greedy fall by the wayside.

I wish you much success and I would be happy to answer any more questions that you may have.

Paul
pupp52@yahoo.com

My cell's dead. Can somebody call 800-988-3983 and ask
when/where 2-day Intermediate Forex Trading Seminars will be held (this summer, USA) & how much does the seminar cost? Thanks.

http://www.fxte.com/about/contact.aspx

see PM

i am a beginner in forex trading and would like to know most popular set of indicatores that are used by the successful traders??

Forex made easy is a simple and productive tool… You can also utilize the MACD on just about any platform… Depending upon how much you trade I would suggest Oanda as the best beginner platform.

I am an overseas student studying in a university in the UK. I'm not very familiar of what kind of working experience that you should include in your CV. I'm planning to apply for an internship in the UK next summer. I'm probably applying for a finance-related ones, such as capital markets. This summer, I worked for my parents who are doing some private forex trading activities as a personal assistant as I couldn't really get a job out there in my country. I learnt quite a lot of stuff and I'm thinking of whether to include this as a working experience in my CV. A friend of mine said that I shouldn't, since I wasn't working for other parties. Do you think I should include this as I didn't have any other working experience?
The other problem I'm worried about is since I was working privately for my parents and that's their own trading instead of companies, I might not be able to provide a reference.
Thanks for answering…

Yes, include it. You need to be specific about what skills you gained and give examples of each, eg communication, problem-solving, numerical. You can do this in a short paragraph or a bulleted list.