Does the Portuguese Non-Habitual Resident regime still apply to forex traders?
How this answer was verified
- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by the FX-Brokers EU editorial desks (Markets, Platforms, Regulation). Desk structure disclosed at /about/editorial-desks.
- Refreshed quarterly. The most recent verification date is shown above. Read our methodology.
Related
How is forex trading taxed in Portugal?
In Portugal, forex CFD profits are taxed at a flat 28% under Category G capital gains. Traders can elect for the progressive IRS rates if it produces a lower bill. Held-over-365-days rule does not apply to CFDs. Tax residents must declare on Modelo 3, Anexo G. NHR status (until 2024) gave 0% but no longer available for new applicants.
How is forex trading taxed in Europe?
Forex trading tax treatment varies significantly across EU countries. Germany taxes CFD profits at a flat 25% capital gains rate. France treats forex profits as commercial income (up to 45% marginal). The UK taxes most retail forex gains as capital gains (10-20%). Spread betting is tax-free in the UK and Ireland only.
What is the best forex broker in Europe in 2026?
Our editorial team's top pick for EU traders in 2026 is Exness (9.4/10), closely followed by Pepperstone (9.3/10) and IG (9.2/10). Exness wins on ultra-low spreads, instant 24/7 withdrawals, and flexible account types. Pepperstone is preferred by traders who want BaFin regulation. IG offers the broadest market coverage with 17,000+ instruments.
XTB vs Pepperstone — which broker is better in 2026?
For EU traders, Pepperstone wins on raw spreads and multi-regulator coverage (BaFin, FCA, CySEC, ASIC). XTB wins on no minimum deposit, an excellent proprietary platform (xStation 5), and direct stock CFD coverage in Polish/CEE markets. Choose Pepperstone for cost-sensitive active trading. Choose XTB for stock CFDs and KNF-regulated Polish market access.
Broker review: Exness
Exness is a CySEC-regulated broker with ultra-tight pricing, instant withdrawals, and one of the highest monthly trading volumes in the industry ($4T+).