Hi there,
After a year of paper trading I'm now using a live forex trading account through the MetaTrader 5 platform. I have a normal job and am also a sole trader with a trading on my own behalf category (I forget the specific one there were a lot of them).
Now when it comes to the time when I need to send in my tax to my tax accountant how would I send my P/L? I know MT5 can export reports with all your trading history for specific time periods. But that is all in the currency of the broker, of which mine uses $USD so all my reports are in $USD. So would I just let me accountant know that it's in $USD or would each trade need to be converted into $AUD? and would each trade need to be at the exchange rate of when it was traded? Or just when I file the report as a bulk?
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