ISA Regulated Brokers: The Israel Securities Authority Register

Eight brokers in the WIKILIX records hold a licence from the Israel Securities Authority, the ISA. It is a tier-2 onshore regulator, and the more useful fact about this particular list is what sits beside that licence: six of the eight also hold at least one tier-1 authorisation, from a regulator such as the FCA, ASIC or MAS, while two rest on the ISA licence alone. Scores run from 33.2 up to 68.6, the midpoint sits near 56, and the oldest firm here opened in 2000.

The table below is the complete set, ordered by WIKILIX score, highest first.

What an ISA licence covers, and what it does not

The Israel Securities Authority licenses firms that offer leveraged forex and CFD trading to Israeli residents, and it lists every one of them in the Supervised Entities section of its official register. An ISA authorisation sits in the tier-2 band: genuine onshore oversight, with capital and leverage rules attached, but a step below the tier-1 authorities several of these firms answer to elsewhere. Every licence shown here reflects what WIKILIX has on record today. Confirm the exact entity on the ISA register before you deposit, because the company that holds the Israeli licence is not always the one you would open an account with.

Why most of these firms are not Israeli

A licence from Israel's regulator does not make a broker an Israeli company. Only two of the eight, Plus500 and ATRADE, are headquartered in Israel. The rest are registered elsewhere: FXCM in the United Kingdom, AvaStocks in Ireland, CFI in Mauritius, FXTRADING.com in Vanuatu and WeekendFX in Comoros, with EFG Holding carrying no recorded home country at all. Four of the eight opened before 2010, FXCM the earliest in 2000, so the list mixes long-established names with firms only a few years old.

The gap in licensing quality is the part to read closely. Six firms pair the Israeli licence with a tier-1 authorisation, which is why FXCM and Plus500 sit near the top of the table. WeekendFX and ATRADE hold the ISA licence and nothing else in our records, and WeekendFX also carries an "exceeded" status flag, a label worth reading before you act on it. CFI and FXTRADING.com are recorded with an offshore status despite the Israeli licence, which is a reminder that one authorisation rarely tells the whole story.

Before you open an account

• Find the exact company name on the ISA Supervised Entities register, not just the brand, since a group can license one entity and trade you through another.
• Check whether the ISA licence is the only one the firm holds, as it is for two brokers here, or one of several.
• Read the recorded status label first: an offshore or "exceeded" flag changes what the Israeli licence is worth to you.
• Remember that the ISA's leverage limits bind the Israeli-licensed entity, which may not be the arm you are offered a trading account through.

This list covers licences and recorded status, nothing more. It does not tell you a broker's spreads, its funding methods or whether it will take you on as a client from outside Israel, and each of those belongs on the broker's own terms.