1. Individual income tax is not required for the income of retail investors trading futures.

2. Retail futures trading only involves the payment of handling fees, not personal income tax.

3. Futures and spot are completely different. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts based on some popular products such as cotton, soybeans and oil and financial assets such as stocks and bonds. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments. Whether personal income tax on futures needs to be paid, you will know after reading the above contents.