Is trading legal in Kazakhstan

In short: Yes, as long as you trade through licensed platforms: brokers licensed by the ARDFM or AIFC firms supervised by the AFSA, and for crypto, exchanges licensed in the AIFC. Trading itself is not banned, but the income is taxable.

Where to check a platform

Domestic brokers are listed in the register of the ARDFM (the Agency for Regulation and Development of the Financial Market). Companies and crypto exchanges of the Astana International Financial Centre are in the AFSA register. If a company is in neither, protecting your money in a dispute will be hard.

Taxes

A private person's trading income is taxable. Rules and rates depend on the market and platform and change over time, so check them with a tax adviser before you start trading with real money.

Learning has no restrictions

Studying and practising on a virtual account require no licence: it is not a financial activity, just learning how the market works.

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Trading on financial markets carries a risk of losing money. This material is educational and is not investment advice.

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