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Tax Guide · 2026

Forex Tax in Denmark 2026

Capital gains, CFDs and spread betting — how Denmark taxes forex profits in 2026, the headline rate of 27% / 42%, filing deadlines, and loss-offset rules enforced by Skattestyrelsen (SKAT).

Denmark Forex Tax Rates 2026

The brackets, rates and thresholds that apply to forex and CFD profits in Denmark for the 2026 tax year.

Income TierTax RateThresholdNotes
Capital income low band27%Up to DKK 61,000Net capital income
Capital income top band42%Above DKK 61,000Marginal rate
Year-end unrealised27/42%LagerprincipMark-to-market on certain derivatives
Loss carry-forwardn/aIndefiniteWithin same contract category

Source: Skattestyrelsen (SKAT). Rates apply to the 2026 tax year and are subject to change in national budget updates.

Key things Denmark forex traders need to know

1. Who administers forex tax in Denmark

The Skattestyrelsen (SKAT) is the primary authority responsible for collecting forex and CFD capital-gains tax in Denmark. Filings are made annually on Arsopgorelsen (TastSelv) with the deadline falling on 1 May (employees) or 1 July (self-employed). All records — broker statements, trade ledgers, and proof of any foreign withholding — should be retained for the statutory minimum period (typically 5-7 years).

2. How forex is classified versus CFDs

Forex and CFD profits are kapitalindkomst. Many derivative instruments follow the lagerprincip under section 33A of the Kursgevinstloven, meaning unrealised gains and losses are taxed annually.

3. Spread betting status in Denmark

Spread betting is not offered to Danish retail clients. SKAT would treat any such product as kapitalindkomst under the lagerprincip rather than as lotteriindtaegt.

4. Cryptocurrency treatment

Cryptocurrency gains follow personal income rules (statsskattelovens section 4-5) — gains are taxed as personal income (up to ~52% marginal) while losses are deductible only at ~25-27% effective, making crypto less favourable than FX/CFD.

5. Professional-trader reclassification

Denmark does not formally distinguish retail versus professional FX traders — the lagerprincip applies regardless. Business-scale activity may shift to personlig erhverv with self-employment social contributions.

Go deeper: full Denmark tax guide

This page is the 2026 headline summary. For an in-depth walkthrough including software recommendations, record-keeping checklists, and foreign-broker declaration workflows, visit the full deep dive.

Read the full Denmark tax deep dive

Frequently Asked Questions

How much tax do I pay on forex profits in Denmark?
Forex and CFD profits in Denmark are taxed at 27% / 42% under the Kapitalindkomst with mark-to-market regime, administered by Skattestyrelsen (SKAT). The exact amount depends on your total capital income, any available allowances, and whether Denmark's progressive-scale or flat-rate option is more favourable in your specific circumstances.
Do I need to declare foreign-broker profits in Denmark?
Yes. Denmark residents must self-declare profits from CySEC-passported or other foreign-regulated brokers — they do not usually withhold local tax. Declaration is made annually on Arsopgorelsen (TastSelv) with a deadline of 1 May (employees) or 1 July (self-employed).
Is spread betting tax-free in Denmark?
Spread betting is not offered to Danish retail clients. SKAT would treat any such product as kapitalindkomst under the lagerprincip rather than as lotteriindtaegt.
What happens if I am classified as a professional trader in Denmark?
Denmark does not formally distinguish retail versus professional FX traders — the lagerprincip applies regardless. Business-scale activity may shift to personlig erhverv with self-employment social contributions.
DF

Reviewed by

Daniel Ferretti

Regulatory Affairs Editor · EU Financial Regulation Specialist

10+ years of experience · 28 articles

  • LLM International Financial Law, University of Luxembourg
  • Former CySEC Compliance Officer

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.

This page is for informational purposes only and does not constitute tax advice. Tax rules change frequently and depend on personal circumstances — consult a qualified local tax adviser before making decisions about your forex or CFD trading activity.