Gold Trading Legal Framework and Tax Guidelines in Jordan

Legal Status of Online Gold Trading in Jordan

In Jordan, online gold trading follows the regulations set by the Jordan Securities Commission (JSC). Our company, Exness, operates under CySEC authorization, meeting international regulatory standards accepted here. Individual investors can trade gold CFDs and derivatives through licensed brokers such as us. The Central Bank of Jordan officially recognizes gold trading as a valid investment, provided clients use authorized platforms. We require full client verification including valid government-issued IDs and proof of address to comply with local KYC and AML policies.

Trading with Exness ensures adherence to regulatory mandates, including segregated client funds and negative balance protection. Our platform applies transparent pricing models with real-time quotes, allowing Jordanian clients to trade confidently. We process all verification documents within 24 hours, enabling quick account activation. The legal framework supports both retail and professional traders under regulated conditions.

Tax Obligations for Gold Trading Profits

Profits from gold trading in Jordan are treated as capital gains with a flat 10% tax rate. This applies to net gains after deducting costs such as commissions and financing fees. Jordanian traders must report profits exceeding JOD 1,000 annually to the General Sales Tax Department. Currency conversion to Jordanian Dinars must use official exchange rates from the Central Bank of Jordan on transaction dates. Our platform provides detailed profit/loss reports to assist with accurate tax reporting.

• Calculate capital gains based on transaction price differences in JOD
• Report yearly profits above JOD 1,000 to local tax authorities
• Include commissions and overnight fees in taxable income
• Retain all trade confirmations and monthly statements for audits
• Consult tax professionals for complex or frequent trading

Exness enables clients to download full trading histories and transaction details in PDF or CSV formats. This data supports tax filing and compliance with Jordanian regulations. Traders should be aware that frequent or professional trading may alter tax treatment requiring further documentation.

Documentation Requirements for Compliance

To trade gold legally in Jordan, maintaining accurate records is essential. Our platform issues monthly statements, trade confirmations, and annual profit/loss summaries. These documents are accessible through the Personal Area dashboard. Traders should download and save PDFs for tax and regulatory review. Proof of deposits and withdrawals, such as bank transfer receipts, must also be retained.

• Monthly trading statements from the Exness platform
• Bank transfer confirmations for all transactions
• Currency exchange records for accurate JOD conversion
• Annual profit and loss summaries
• Correspondence with tax professionals or authorities

Storing these records digitally or physically aids in fulfilling audit requests by Jordanian authorities. Our automated system timestamps all transactions for precise record keeping. Proper documentation facilitates smooth tax filing and legal verification.

Setting Up Compliant Trading Through Exness

Opening an account with Exness in Jordan involves steps designed to meet local legal standards. After visiting our website, select Jordan as your country of residence. Registration requires providing a valid email, creating a strong password, and agreeing to terms. The process typically takes 3 minutes. Following registration, clients must submit identification and proof of address for verification.

Accepted ID documents include Jordanian national ID, passports, or driving licenses. Proof of residence must be recent utility bills, bank statements, or government-issued letters showing the client’s name and address. Our verification team usually completes checks within 24 hours on business days. Once verified, clients can fund their accounts and start trading gold CFDs immediately.

Account Types and Trading Conditions

Exness offers several account types tailored for different trading preferences and volumes. Standard accounts require a minimum deposit of $10 with gold spreads starting at 0.3 pips. Professional accounts provide tighter spreads and are suited for experienced traders. Raw Spread accounts offer commission-based pricing starting at $3.50 per lot, ideal for high-frequency trading.

Zero accounts feature zero spreads compensated by higher commissions of $20 per lot, benefiting scalpers. Leverage across accounts can reach up to 1:2000, subject to regulatory limits and client risk profiles. Clients in Jordan can fund accounts in USD or JOD, with currency conversion handled by the platform.

Platform Access and Trading Tools

Clients in Jordan access gold trading via MetaTrader 4, MetaTrader 5, or the Exness Trader mobile app. MetaTrader 4 supports automated trading through Expert Advisors and offers a wide range of technical indicators. MetaTrader 5 adds advanced features like depth of market and an integrated economic calendar. Exness Trader is optimized for mobile devices featuring one-tap execution and social trading options.

• Real-time XAUUSD quotes with tight spreads
• Advanced charting tools including over 80 technical indicators
• Order types: market, limit, stop, stop limit, trailing stop
• Automated trading via Expert Advisors (MT4/MT5)
• Mobile push notifications and trade alerts

Platforms are compatible with Windows, MacOS, Android, and iOS. System requirements include a minimum of 2GB RAM and stable internet connectivity. WebTrader versions require modern browsers with updated JavaScript support.

Risk Management Features

Exness provides multiple risk control tools to protect client capital during gold trading. Position size calculators allow traders to define risk percentages and stop loss distances for precise exposure control. Stop loss and take profit orders execute automatically at set levels, minimizing losses and securing profits. Trailing stops adjust dynamically to lock in gains as the market moves favorably.

Our platform enforces negative balance protection, preventing clients from losing more than their deposit amounts. Margin calls occur at 60% margin level, with automatic position liquidation at 20% to reduce risk. Clients can set daily loss limits to avoid excessive drawdowns.

Tax Reporting and Working with Professionals

Exness facilitates tax compliance by providing detailed monthly and annual trade reports accessible in PDF and CSV formats. Accurate tax reporting requires converting all transactions to Jordanian Dinars using official exchange rates published by the Central Bank of Jordan. Our statements include commissions, swap fees, and other costs, allowing precise profit calculations.

• Download monthly statements via Personal Area dashboard
• Use official JOD exchange rates from transaction dates
• Include commissions and financing charges in taxable income
• Import CSV files into accounting software for efficiency
• Maintain records for audits or tax authority inquiries

Professional tax advisors specialized in investment income can assist with strategy and compliance. Services range from basic consultations to full tax preparation and audit support. Planning with experts helps optimize tax liabilities and avoid penalties. Below is an overview of typical tax service costs and benefits for Jordanian traders.