Israel retail forex licensing brings consolidation as Colmex buys Matach24.com LeapRate

Good news for Bitcoin investors: Israel might cut tax on profit by half

December 18, 2016 BY LeapRate Staff

Israel retail forex licensing brings consolidation as Colmex buys Matach24.com

Israel business news source TheMarker is reporting a merger in the Israel retail forex arena, with Colmex buying popular trading site Matach24.com. 'Matach' is an acronym for 'foreign exchange' in Hebrew. Colmex is one of just six companies to have received a Dealers' license from the Israel Securities Authority (ISA), out of the 21 firms (including…

May 31, 2016 BY LeapRate Staff

iForex shuts Israel operation

Israel based retail forex broker iForex has posted a notice on its website serving customers in its home country (see above) that it has decided to pull its Forex broker license application in Israel, and to terminate its brokerage operations in the country effective immediately. Clients of iForex.co.il , operated by Clio Financial Trading Ltd.,…

April 18, 2016 BY LeapRate Staff

Israel court overturns algo trading ban at USG Capital

Some good news for Israel based retail forex brokers, or at least those who serve Israel based clients. Israel business newspaper Globes has reported that the Tel Aviv District Court has overturned a previous decision by the Israel Securities Authority (ISA), which had frozen retail forex broker USG Capital's algorithmic trading business on the grounds that it…

April 06, 2016 BY LeapRate Staff

AvaTrade moves Israeli clients to new subsidiary ATrade in advance of ISA regulation - LeapRate Exclusive

New Israeli regulations ban deposit bonuses, limit leverage, ban debit card deposits, and require signed conflict of interest policies.

Tag: Israel forex regulation