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29 5 It was approved by the Knesset in October, despite strong opposition from the binary options industry. This ban was seen by industry watchers as having an impact on sponsored sports such as European football clubs. The case involves a Singaporean woman who claims to have lost over 500,000 to the firm. Weinglass, Simona; Horovitz, David (November 12, 2016).
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Though binary options sometimes trade on regulated exchange, they are generally unregulated, trading on the Internet, and prone to fraud. They stated that binary options did not appear to meet a genuine investment need. "FMA confirms short-term derivatives to be licensed FMA". "In First, Israel Police Admit Crime Syndicates Are Behind Binary Options Industry". Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly perte de forex eur usd d'investissement due to leverage. "Facebook Bans Ads Associated With Cryptocurrencies". "Israeli police arrest owner of binary options firm accused of fraud".