Forex trading as an international student

[extraguy]

Hello, i am an international student and wanted to know if forex trading is considered self employment. If yes then how are the hours counted?

I usually hold my trades for 10-24 hrs, so will my working hrs be 10-24 hrs?
Ofc i dont sit in front of my computer for these long hrs. I only check on my trades every 2-4 hrs and it takes less than 5 minutes. Sometimes 10 to 30 minutes, it depends.

So how does this counting hrs for self employed international students really work?

What actions have immigration office taken when the working hrs of international students exceeds 20hr?

I will be in British Colombia btw.

 

[YVR123]

I don't think that's consider working unless you are getting paid to invest for a client.
You are just doing your own investment. BUT I am not an expert on this topic. Just my 2cents.

 

[Buletruck]

Agree with the above, but I do believe you'll have to report income and pay capital gains on the profits.

 

[mojavehunter]

I trade part-time too while studying, and I had similar questions at first. As long as it's done on your own through a personal account and not as a job for someone else, it’s generally fine. I mostly use quantumaiofficial.com to test strategies and analyze charts faster—it’s been helpful for me without breaking study time. Just keep records in case IRCC ever asks about your income sources.

 

[marcos435435]

It’s a grey area because forex trading isn’t always classified as self-employment, especially if you're trading your own money. The key point immigration looks at is whether you're engaging in work that counts toward your 20-hour weekly limit. Since you’re only checking trades occasionally and not providing services to others, it might not be considered work time but still smart to get professional advice. I use https://aliciacalculadora.net/ to log my trades and calculate gains/losses, which makes things much easier to track if I ever need to explain it.

 

[steaky]

It’s a grey area because forex trading isn’t always classified as self-employment, especially if you're trading your own money. The key point immigration looks at is whether you're engaging in work that counts toward your 20-hour weekly limit. Since you’re only checking trades occasionally and not providing services to others, it might not be considered work time but still smart to get professional advice. I use https://aliciacalculadora.net/ to log my trades and calculate gains/losses, which makes things much easier to track if I ever need to explain it.

Won't you be receiving tax slips from your financial institutions that shows your capital gains or income?