Israeli Watchdog Reportedly Bans Binary Options to All Clients

[kreslik.news]

A major escalation in the Israeli watchdog’s attack on binary options trading in the country has just been revealed. After it was already expected that the Israeli Securities Authority (ISA) will severely limit access to binary options, it now seems the ISA will ban the instrument completely.

Last year the ISA was reportedly planning to restrict access to binary options except for “sophisticated investors,” thus making it out of reach for the vast majority of Israeli traders. The ISA regulations on Trading Arenas (as it refers to online brokers) define a sophisticated investor as a client that has ... (read more)