HFM (formerly HotForex): Are full-time traders and individual investors considered unemployed?


Is the job of an investor unemployed as a profession? What kind of image does the public have of individual investors who make a living from stocks? There aren’t that many full-time traders to begin with. Perhaps because of this, society has a very strict view of them. Full-time traders have no guarantees, so they are at their own risk, and the reality is that they are easily treated the same as if they were essentially unemployed.

Is an investor a profession?

Can we call an investor a profession? In many cases, investors are seen as shady scammers. In reality, there are many people who call themselves traders but sell information products or are affiliates, so it is inevitable that people will distrust them. Some investors are able to make a living from stocks. Since they do it from home, it is not a popular profession in the rankings. The content is a service for companies and others that sells stock investments when they have time, and they make a living by making profits, but it is unstable.

Professional traders are practically unemployed

A professional trader will only earn money from the market, so their occupation will be an investor. However, there are many people who hide the fact that they are investors, and the overwhelming number of people who answer that they are “unemployed” on the surface. In Japan, there is no entry as an investor in the final tax return, so it is common to enter as unemployed and as miscellaneous income as trading income. Therefore, full-time traders are treated the same as virtually unemployed.

For part-time traders

If you are a part-time trader, you have other occupations, so other occupations are treated as your main business. No matter how much income you earn from investments, it will be miscellaneous income, and the occupation of investor is not recognized in the final tax return in Japan. Therefore, it is necessary to list another occupation. In other words, socially, part-time traders are more trusted than full-time traders.


Even though they are NEETs who have withdrawn at home, professional traders have a lot of assets. That is why they are sometimes called neonitos. Neonites have more assets than NEETs, and their job is to watch charts and trade at home. NEETs have a very bad impression, but in the case of NEETs, it is used to mean someone who has a solid job.

Rental examination

There are times when full-time traders can run into problems. That is when they live in a rental property. In order to live in a rental property, it is not enough to just show your ID. You are also obligated to submit your identity to the owner. At such times, tax returns become an issue. Full-time traders do file tax returns, but they only have miscellaneous income and their title is unemployed, so it is inevitable that they will leave a bad impression and be at a disadvantage. They are classified as the same as those who live off part-time work or pensions. Both can aim for maximum profits with their smartphones, but they are looked down upon coldly.

Loan screening

Full-time traders often purchase properties with cash, but if they want to pass a bank loan screening, it will be a very tough situation. Even if your income is dozens of times that of a company employee, it is very difficult to pass a loan screening. Forex traders are likely to be treated the same as unemployed people no matter how much they earn. If you are interested in asset management of stock prices, you should also look at the disadvantages when choosing. On average, it is a situation where you can earn money freely, but in the long term, it is not as trustworthy as categories such as investment trusts. It is less favorable than starting a business as a self-employed person.

credit card review

The problem for professional traders is the credit card review. As mentioned above, you will be unemployed on your final tax return, so it is easy to imagine that credit card screening will be very disadvantageous. One of the points in the credit card examination is “whether there is a stable income”. In fact, in the case of professional traders, social trust is very low, and there are many cases where credit card examinations and mortgages are rejected.

ignore assets

In the case of credit card reviews, assets are not seen as much. In most cases, professional traders have a lot of assets, but it is very hard not to see this asset. Credit card reviews look at repayment ability, employment status, annual income, etc. The annual income of a full-time trader fluctuates considerably, so this point is also likely to be disadvantageous.

personal credit information

Your credit card and loan history is important when reviewing a credit card. This is determined by looking at your personal credit report. If bad information such as delinquency and delinquency is registered, the credit of the credit card company will deteriorate.

Notice of opening of business

You can become a sole proprietorship by filing a notification of opening a business. This may give you a head start on credit card approval, but you’ll need to have a business to generate income. However, it is difficult for FX to be recognized as a business. You may want to consult with your tax office here.

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