Forex Broker Israel

The regulation of forex, commidities and futures broker is the responsibility of the Israeli Securities Authority (ISA), which is modelled on Britain`s FSA, but operates closer to the standards of an offshore center.

Until recently, a large number of forex brokers were operating from Israel, but only through companies registered in Cyprus or similar offshore centers, mostly in order not to alienate Muslim traders who would be unwilling to trade through an Israel-based company. In addition, since retail forex was almost entirely outside of the regulatory framework of the country, brokers were free to do as they pleased with clients, and fraud was a frequent problem.  New regulations have been in effect since 2009 introducing many changes which have improved the legal framework to which Israeli brokers are subject to, but many loopholes remain.

If you are interested in trading forex, but unsure about which broker you should pick among the many questionable businesses in the market, you may find our selection of the world`s most reputable and competent forex brokers useful. These are the top of the pick in the competitive world of forex trading, and you would do well to at least check them out before you make a final decision.

1		Regulator: CySEC Leverage: 200:1 Min. Deposit: $100 Spread: 1.5 pips*	$2,000 Max. First Deposit Bonus	Sign up Read Review
2		Regulator: ASIC/ FSA Leverage: 500:1 Min. Deposit: $100 Spread: ECN 1.5 pips	$2,500 Max. First Deposit Bonus	Sign up Read Review
3		Regulator: CySEC Leverage: 200:1 Min. Deposit: $100 Spread: 3 pips	$2,000 Max. First Deposit Bonus	Sign up Read Review
4		Regulator: CySEC Leverage: 500:1 Min. Deposit: $1 Spread: 1.9 pips	$2,000 Max First Time Deposit Bonus	Sign up Read Review
5		Regulator: MIFID & ASIC Leverage: 400:1 Min. Deposit: $100 Spread: Fixed Spread- 3 pips	High Bonuses FREE Webinars & Signals	Sign up Read Review
6		Regulator: CySEC Leverage: up to 1:500 Min. Deposit: $200 Spread: < 1 pip on some majors	$200 Min. Deposit	Sign up Read Review
7		Regulator: IFSC Leverage: 400:1 Min. Deposit: $2000 Spread: 1 pip	10% welcome bonus	Sign up Read Review
8	Accepts US Clients	Regulator: NFA Leverage: 50:1 Min. Deposit: $250 Spread: 1 pip*	Free Live Sessions with Expert	Sign up Read Review

- LEVERAGE: Controls the equity you need to take a margin position. E.g. 50:1 leverage means you can take a $5,000 trade with just $100 in your account. Note that a high degree of leverage can work against you as well as for you.
- Leverage over 50:1 for majors and 20:1 for minors is not available to traders in the U.S.
- As indicated in the list, only NFA regulated brokers are available to U.S. customers.
* Broker offers variable spreads which means that the spreads are subject to current market conditions.