My Understanding is thet the ATO is only interested in the income/loss from trading NOT the instument you use So wether you trade Equities, Indexes, FX, Options or CFD's. The good folks at the ATO recognise your status as a trader based on
- the volume of your trading,
- the percentage that trading income contibutes to your total income.
-length of time per trade (if you hold for months or years you are an investor)
But should you have doubt ask your accountant or phone the ATO
- Forums
- CFDs
- are cfds considered for trader status?
are cfds considered for trader status?, page-2
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Iggy Tan, Executive Chairman
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