We have recently received complaints and read many negative reviews on the internet about regulated binary options brokers using indecent practice towards traders. Although some binary brokers may be regulated, we do not recommend opening a trading account with ANY broker, be it a regulated broker or a non regulated broker, as THEY ALL seem to be unethical and non-trustworthy, even the regulated ones! If you have been scammed by such a company you can check out our RECOVER FUNDS FROM BINARY SCAMS section.

Also, instead of trading binaries which are mostly scams, you can trade with a trustworthy and popular FOREX broker such as STR Capital.

Binary Options Brokerages, Technology, Platforms, Marketing and Marketing Abroad All Banned Now In Israel

Israel Finally Passes Law To Totally Ban Binary Options Sales Abroad

Israeli Knesset is shutting down the Israeli led binary options industry

Israel’s parliament has now officially banned Israeli enterprises from selling binary options to clients overseas.

The difference between previous bans and the current new laws is that the new ban also targets binary options platform providers. This new law bans them from offering platform support services anywhere in the world. Israeli developer companies like SpotOption, TechFinancials will now be unable to operate any part of their enterprises from within Israel – without breaking the law.

Shmuel Hauser, Chairman of the ISA, has stated again and again the damage of binary options to Israel’s international reputation and said “The law will enable the securities authority to act in an unprecedented manner against those entities operating from Israel vis-à-vis clients abroad, by imposing civilian and criminal sanctions including imprisonment.”