The answer to this question can vary greatly depending on your local jurisdiction and tax laws. In many countries, any earnings from trading or profits received from a company like BrightFunded may be considered taxable income. Therefore, it is highly recommended that you consult with a qualified tax advisor or accountant who is familiar with the specific tax laws and regulations in your country.
BrightFunded does not withhold taxes from your payouts. It is the responsibility of each individual trader to report their earnings and comply with their local tax laws.