The Israel Securities Authority is the national regulator of the securities market in Israel. Established in 1968 under the Securities Law, the ISA supervises the Tel Aviv Stock Exchange, mutual funds, investment advisors, and trading platforms. The ISA enacted landmark reforms in 2017-2018, banning binary options and imposing strict leverage limits on forex and CFD products to protect retail investors.
- Strict binary options ban since 2017
- Mandatory client fund segregation
- Retail leverage caps enforced since 2018
- Comprehensive advertising and marketing restrictions
| Instrument | Retail | Professional |
|---|---|---|
| Major Forex | 1:20 | 1:100 |
| Minor Forex | 1:15 | 1:100 |
| Gold | 1:10 | 1:100 |
| Indices | 1:15 | 1:100 |
| Shares CFDs | 1:5 | 1:50 |
Major reforms in 2017-2018 banned binary options and imposed strict leverage limits. Very few licensed forex platforms remain.
Body: ISA Complaints Department
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