what is offshore trading 
offshore trading involves opening and maintaining a brokerage or trading account with an offshore investment firm these accounts are generally opened in the name of a holding company rather than an individual trading this way provides investors with favorable tax treatment which puts more money back into their pockets the bottom linegoing offshore is usually an option meant only for corporations or people with a high net worth those who do go offshore do business open bank accounts or hold investments anywhere overseas although going offshore isn t illegal it does put the entity up to more scrutiny that s because people often use it as a way to avoid paying taxes however with global tax authorities putting pressure on these financial centers to be more transparent the landscape for offshore activities may change in the future 