ASIC, BaFin, CMA +4 more
Trusted Forex brokers in Israel
Forex trading is legal and permitted in Israel. The Israel Securities Authority (ISA) oversees and regulates Forex brokers in the country. These brokers are required to obtain a license from the ISA to operate within Israel's borders.
Israel boasts a highly developed economy, ranking 29th globally in nominal GDP and 13th in nominal GDP per capita. In 2023, Israel's GDP was estimated at $564 billion. The country is also recognized for exporting valuable goods like cut diamonds.
In the following sections, we present a comprehensive list of the most trusted Forex brokers in Israel based on our research.
8.64
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
Platforms
MT4, MT5, TradingView +1 more
8.28
7.92
MT4MT5Copy tradingHigh leverageSignals
Regulations
CySEC, FCA UK, FSA Labuan +2 more
Platforms
MT4, MT5
7.74
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, FSA St. V, FSCA
Platforms
MT4, MT5
7.57
7.39
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CMA, FSA Seychelles +1 more
Platforms
MT4, MT5
7.21
MT4MT5Copy tradingECNHigh leveragePAMM
Regulations
FCA UK, FSC Mauritius
Platforms
MT4, MT5
6.85
6.67
6.49
Israel imposes a notable capital gains tax of up to 30% on profits from FX trading. This tax percentage carries significant weight. Foremost Forex brokers in Israel must adhere to ISA guidelines and regulations, with a restriction on the maximum leverage they can offer clients. For major currency pairs, the maximum leverage is set at 1:20, and for non-major pairs, it's limited to 1:10. This setup may present a potential entry challenge for aspiring forex traders, as substantial capital is needed to commence trading.
The best Forex brokers in Israel are all enrolled in the investor compensation fund. This additional layer of security serves to safeguard investors in scenarios involving broker insolvency.
