Major currency pairs - up to 1:30
Non-major currency pairs, gold and major indices - up to 1:20
Commodities other than gold and non-major equity indices - up to 1:10
Individual equities - up to 1:5
Cryptocurrencies - up to 1:2
AEOI aims at ensuring declaration of accounts to tax authorities.
It requires Latvian financial institutions to report information annually about certain accounts to the Latvian State Revenue Service (SRS). Concerned accounts are those held by natural persons or legal entities which are tax residents in the European Union or in a country with which Latvia has signed an agreement on AEOI (partner state). In case of accounts held by entities, under certain circumstances, the duty to report may concern also the person(s) controlling the entities.
After receiving this information, the SRS transfers it to the tax authority of the partner state(s) in which the concerned individual or entity has tax residence. If an individual or entity has tax residence in several partner states, FTA will communicate account information to each of these states.
The list of partner states can be found at https://likumi.lv/ta/id/279206-kartiba-kada-finansu-iestade-izpilda-finansu-kontu-pienacigas-parbaudes-proceduras-un-sniedz-valsts-ienemumu-dienestam
The reported account information includes the name, address, country of tax residence, tax identification number, date and place of birth/date of incorporation of the person or entity, as well as the account number and the account balance at the end of the reportable year. In the case of legal entity accounts, the reporting obligation may apply not only to the legal entity, but also to the legal entity's beneficial owner(s) and/or controlling person(s).
Dukascopy Europe offers LIVE trading on MetaTrader 4 platform with direct access to the SWFX Swiss Marketplace. Clients of the Dukascopy Europe can trade in both mobile and desktop versions of MetaTrader 4.
Please note the following important differences in trading conditions between MetaTrader 4 and JForex accounts:
For more information, see the full specifications on MT4 accounts.
Depending on the services which Dukascopy Europe IBS AS provides to the client, various commissions may apply. Please consult the complete fee schedule published on our website.