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  1. Best Forex Brokers
How we make money

Best Forex Brokers in Israel 2026

Last updated Jan 21, 2026
Nikolay Zavarov - Author
Nikolay Zavarov
Author
Andrey Bondarenko - Editor
Andrey Bondarenko
Editor
Nikolay Zavarov
Author
Andrey Bondarenko
Editor

We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the best Forex brokers in Israel based on our analysis:

  1. 1
    Libertex Logo
    Libertex - best trading platform in Israel - Tight spreads and attractive trading conditions. Wide selection of trading assets. A rich set of educational resources and market analysis.
  2. 2
    Roboforex Logo
    Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts.
  3. 3
    FxPro Logo
    FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools.
  4. 4
    Plus500 Logo
    Plus500 - Diversity of trading assets. Intuitive trading platform. 24/7 support.
  5. 5
    HF Markets Logo
    HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews.
  6. 6
    ActivTrades Logo
    ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides.
  7. 7
    AvaTrade IL Logo
    AvaTrade IL - A wide selection of financial instruments. Innovative trading platforms. Highly rated educational resources.
  8. 8
    NPBFX Logo
    NPBFX - A rich selection of analytical tools and resources. Extensive education section. A variety of trading account types.
  9. 9
    HYCM Logo
    HYCM - Well-regulated broker. An extensive set of educational materials. Diversity of trading assets.
  10. 10
    InstaForex Logo
    InstaForex - Large selection of trading instruments. PAMM accounts and the ForexCopy automatic trade copying service for passive income. 24/7 efficient customer support.

Our Top-10 Best Forex Brokers in Israel was compiled based on detailed analysis and strict selection criteria, making it an essential tool for choosing the optimal trading platform. This list will be especially useful for those investors who seek a broker that combines effective trading strategies and offers reliable investment protection, suitable for Israel's dynamic and diverse financial landscape.

Comparison of the Best Forex Brokers in Israel

Libertex
Roboforex
FxPro
BrokerLibertexRoboforexFxPro
Rating
4.7/5
4.4/5
4.4/5
Foundation Year199620092006
Regulated in CountriesSaint Vincent and the Grenadines, Belarus, Cyprus, MauritiusBelizeUnited Kingdom, Cyprus, Bahamas
Regulators
  • SVGFSASVGFSA
  • НБ РБНБ РБ
  • CySECCySEC
  • FSCFSC
  • BFSCBFSC
  • FCAFCA
  • CySECCySEC
  • FSCAFSCA
  • SCBSCB
Minimum Deposit
  • 100 USD
  • 10 EUR
  • 10 USD
  • 100 AUD
  • 100 CHF
  • 100 EUR
  • 100 GBP
  • 15000 JPY
  • 400 PLN
  • 100 USD
  • 1800 ZAR
Trading Accounts
  • Libertex
  • MT4 Market
  • MT5 Market
  • MT4 Instant
  • MT5 Instant
  • Libertex Portfolio
  • Pro
  • Pro-Cent
  • ECN
  • Prime
  • R StocksTrader
  • Standard
  • Pro Account
  • Raw+
  • Elite
  • cTrader
Spreadfrom 0 pointsfrom 0 pointsfrom 0 points
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • Libertex
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 5
  • MetaTrader 4
  • R WebTrader
  • R MobileTrader
  • R StocksTrader
  • MetaTrader 4
  • FxPro Edge
  • MetaTrader 5
  • cTrader
  • TradingView
ReviewLibertex ReviewRoboforex ReviewFxPro Review
Broker Comparison
  • Libertex vs Roboforex
  • Libertex vs FxPro
  • Roboforex vs Libertex
  • Roboforex vs FxPro
  • FxPro vs Libertex
  • FxPro vs Roboforex
Register
RegisterTrading CFDs carries high risks. You may lose all invested funds
RegisterTrading CFDs carries high risks. You may lose all invested funds
RegisterTrading CFDs carries high risks. You may lose all invested funds

List of the Best Israel Forex Brokers for 2026

Libertex Logo
1
Foundation Year1996
Minimum Deposit
$100
4.7/5
Read Libertex reviewLibertex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
Libertex Logo
4.7/5
Libertex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year1996
Minimum Deposit
$100
Roboforex Logo
2
Foundation Year2009
Minimum Deposit
$10
4.4/5
Read Roboforex reviewRoboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
Roboforex Logo
4.4/5
Roboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$10
FxPro Logo
3
Foundation Year2006
Minimum Deposit
$100
4.4/5
Read FxPro reviewFxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
3
FxPro Logo
4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
$100
Plus500 Logo
4
Foundation Year2007
Minimum Deposit
$100
4.3/5
Read Plus500 reviewPlus500 reviewPlus500 is a CFD broker and offers Forex CFDs.
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
4
Plus500 Logo
4.3/5
Plus500 reviewPlus500 is a CFD broker and offers Forex CFDs.
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Foundation Year2007
Minimum Deposit
$100
HF Markets Logo
5
Foundation Year2009
Minimum Deposit
$1
4.3/5
Read HF Markets reviewHF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
5
HF Markets Logo
4.3/5
HF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$1
ActivTrades Logo
6
Foundation Year2000
Minimum Deposit
$1
4.3/5
Read ActivTrades reviewActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
6
ActivTrades Logo
4.3/5
ActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
Foundation Year2000
Minimum Deposit
$1
AvaTrade IL Logo
7
Foundation Year2005
Minimum Deposit
$100
4.2/5
Read AvaTrade IL reviewAvaTrade IL review
RegisterTrading CFDs carries high risks. You may lose all invested funds
7
AvaTrade IL Logo
4.2/5
AvaTrade IL review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
NPBFX Logo
8
Foundation Year2016
Minimum Deposit
$10
4.2/5
Read NPBFX reviewNPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
8
NPBFX Logo
4.2/5
NPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2016
Minimum Deposit
$10
HYCM Logo
9
Foundation Year1976
Minimum Deposit
$100
4.2/5
Read HYCM reviewHYCM review
Register71-74% of retail investors lose money when trading CFDs with this broker
9
HYCM Logo
4.2/5
HYCM review
Register71-74% of retail investors lose money when trading CFDs with this broker
Foundation Year1976
Minimum Deposit
$100
InstaForex Logo
10
Foundation Year2007
Minimum Deposit
$1
4.2/5
Read InstaForex reviewInstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
10
InstaForex Logo
4.2/5
InstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
Foundation Year2007
Minimum Deposit
$1
Libertex Logo
1
Foundation Year1996
Minimum Deposit
$100
4.7/5
Read Libertex reviewLibertex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
Libertex Logo
4.7/5
Libertex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year1996
Minimum Deposit
$100
Roboforex Logo
2
Foundation Year2009
Minimum Deposit
$10
4.4/5
Read Roboforex reviewRoboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
Roboforex Logo
4.4/5
Roboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$10
FxPro Logo
3
Foundation Year2006
Minimum Deposit
$100
4.4/5
Read FxPro reviewFxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
3
FxPro Logo
4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
$100
Plus500 Logo
4
Foundation Year2007
Minimum Deposit
$100
4.3/5
Read Plus500 reviewPlus500 reviewPlus500 is a CFD broker and offers Forex CFDs.
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
4
Plus500 Logo
4.3/5
Plus500 reviewPlus500 is a CFD broker and offers Forex CFDs.
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Foundation Year2007
Minimum Deposit
$100
HF Markets Logo
5
Foundation Year2009
Minimum Deposit
$1
4.3/5
Read HF Markets reviewHF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
5
HF Markets Logo
4.3/5
HF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$1
ActivTrades Logo
6
Foundation Year2000
Minimum Deposit
$1
4.3/5
Read ActivTrades reviewActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
6
ActivTrades Logo
4.3/5
ActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
Foundation Year2000
Minimum Deposit
$1
AvaTrade IL Logo
7
Foundation Year2005
Minimum Deposit
$100
4.2/5
Read AvaTrade IL reviewAvaTrade IL review
RegisterTrading CFDs carries high risks. You may lose all invested funds
7
AvaTrade IL Logo
4.2/5
AvaTrade IL review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
NPBFX Logo
8
Foundation Year2016
Minimum Deposit
$10
4.2/5
Read NPBFX reviewNPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
8
NPBFX Logo
4.2/5
NPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2016
Minimum Deposit
$10
HYCM Logo
9
Foundation Year1976
Minimum Deposit
$100
4.2/5
Read HYCM reviewHYCM review
Register71-74% of retail investors lose money when trading CFDs with this broker
9
HYCM Logo
4.2/5
HYCM review
Register71-74% of retail investors lose money when trading CFDs with this broker
Foundation Year1976
Minimum Deposit
$100
InstaForex Logo
10
Foundation Year2007
Minimum Deposit
$1
4.2/5
Read InstaForex reviewInstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
10
InstaForex Logo
4.2/5
InstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
Foundation Year2007
Minimum Deposit
$1

1. Libertex

Libertex Logo
Spread fromEURUSD0pips
Trading Assets
Forex Stocks Cryptocurrency ETF Precious Metals Energy Carriers Soft Commodities Indices Bonds
Trading Platforms
Libertex MetaTrader 4 MetaTrader 5
★4.7/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Libertex review
1
About Libertex
Founded in 1996
Countries of registration:
vc Flag
by Flag
cy Flag
mu Flag
Regulators:
SVGFSAНБ РБCySECFSC
Libertex Logo
1
★4.7/5
Libertex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
vc Flag
by Flag
cy Flag
mu Flag
Regulators:
SVGFSAНБ РБCySECFSC
Trading Assets
ForexStocksCryptocurrencyETFPrecious MetalsEnergy CarriersSoft CommoditiesIndicesBonds
Trading Platforms
LibertexMetaTrader 4MetaTrader 5
compare Libertex trading accounts

Libertex is an established broker with a broad range of instruments and a solid educational base. The Libertex and MT4/MT5 platforms support both self-directed trading and ready-made solutions: copy trading (Libertex Social), model portfolios, and curated investment ideas.

Traders get multiple account types for different styles, competitive costs with zero deposit fees, and convenient funding/withdrawal options. Regular research, an economic calendar, and trading signals help with planning and risk management. A limitation is the absence of fixed-spread and Islamic accounts, which may matter to some investors.

Pros and Cons of Libertex

Pros

  1. Tight spreads and attractive trading conditions.
  2. Wide selection of trading assets.
  3. A rich set of educational resources and market analysis.
  4. Strong platform lineup: proprietary Libertex and professional MT4/MT5.
  5. Copy trading and investing in stocks and ETFs are available.
  6. Instant, fee-free deposits and a wide choice of funding and withdrawal methods.

Cons

  1. An inactivity fee applies.
  2. No fixed-spread accounts and no Islamic accounts.

2. RoboForex

Roboforex Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Stocks ETF Precious Metals Energy Carriers Soft Commodities Futures
Trading Platforms
MetaTrader 5 MetaTrader 4 R WebTrader R MobileTrader R StocksTrader
★4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Roboforex review
2
About Roboforex
Founded in 2009
Countries of registration:
bz Flag
Regulators:
BFSC
Roboforex Logo
2
★4.4/5
Roboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
bz Flag
Regulators:
BFSC
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersSoft CommoditiesFutures
Trading Platforms
MetaTrader 5MetaTrader 4R WebTraderR MobileTraderR StocksTrader
compare Roboforex trading accounts

RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.

Pros and Cons of Roboforex

Pros

  1. A variety of trading platforms.
  2. Over 12,000 trading assets.
  3. Different types of trading accounts.
  4. Competent 24/7 customer support.
  5. Loyalty programs and bonus offers for clients.
  6. Low spreads and fees.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Beginner traders may find a lack of educational materials.

3. FxPro

FxPro Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Cryptocurrency Stocks Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 4 FxPro Edge MetaTrader 5 cTrader TradingView
★4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FxPro review
3
About FxPro
Founded in 2006
Countries of registration:
uk Flag
cy Flag
bs Flag
Regulators:
FCACySECSCB
FxPro Logo
3
★4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
uk Flag
cy Flag
bs Flag
Regulators:
FCACySECSCB
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4FxPro EdgeMetaTrader 5cTraderTradingView
compare FxPro trading accounts

FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.

Pros and Cons of FxPro

Pros

  1. Various trading platforms.
  2. A diverse range of available markets and products.
  3. Multiple analytics tools.
  4. Extensive educational materials.

Cons

  1. An inactivity fee.
  2. Absence of cent accounts and services for copying trades.

4. Plus500

Plus500 Logo
Spread fromEURUSD0.6pips
Trading Assets
Forex Indices Stocks ETF Precious Metals Energy Carriers Soft Commodities
Trading Platforms
WebTrader
★4.3/5
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Read Plus500 review
4
About Plus500
Founded in 2007
Countries of registration:
cy Flag
uk Flag
au Flag
sc Flag
ee Flag
sg Flag
us Flag
Regulators:
CySECFCAASICNZ FMAFSCASFSAEFSAMASCFTCNFA
Plus500 Logo
4
★4.3/5
Plus500 review
Register79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Countries of registration:
cy Flag
uk Flag
au Flag
sc Flag
ee Flag
sg Flag
us Flag
Regulators:
CySECFCAASICNZ FMAFSCASFSAEFSAMASCFTCNFA
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
WebTrader
compare Plus500 trading accounts

Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.

Pros and Cons of Plus500

Pros

  1. Diversity of trading assets.
  2. Intuitive trading platform.
  3. 24/7 support.
  4. Built-in analytics.

Cons

  1. Limited channels for communication with technical support.
  2. Limited choice of trading accounts.

5. HF Markets

HF Markets Logo
Spread fromEURUSD0pips
Trading Assets
Forex Stocks Indices Bonds ETF Cryptocurrency Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 4 MetaTrader 5 WebTrader
★4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead HF Markets review
5
About HF Markets
Founded in 2009
Countries of registration:
vc Flag
za Flag
sc Flag
cy Flag
uk Flag
ae Flag
ke Flag
Regulators:
SVGFSAFSCASFSAFCADFSACMA
HF Markets Logo
5
★4.3/5
HF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
vc Flag
za Flag
sc Flag
cy Flag
uk Flag
ae Flag
ke Flag
Regulators:
SVGFSAFSCASFSAFCADFSACMA
Trading Assets
ForexStocksIndicesBondsETFCryptocurrencyPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTrader
compare HF Markets trading accounts

HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.

HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.

Pros and Cons of HF Markets

Pros

  1. Regulated by reputable financial authorities.
  2. Wide selection of trading assets.
  3. A variety of educational materials and analytical reviews.

Cons

  1. There is no alternative to MetaTrader.
  2. High swaps and wide spreads.

6. ActivTrades

ActivTrades Logo
Spread fromEURUSD0.5pips
Trading Assets
Forex Stocks Indices Cryptocurrency Bonds Precious Metals Energy Carriers Soft Commodities ETF
Trading Platforms
MetaTrader 4 MetaTrader 5 ActivTrader TradingView
★4.3/5
Register81% of retail investors lose money when trading CFDs with this brokerRead ActivTrades review
6
About ActivTrades
Founded in 2000
Countries of registration:
bs Flag
uk Flag
pt Flag
lu Flag
br Flag
Regulators:
SCBFCACMVMCSSFCONSOBCVM
ActivTrades Logo
6
★4.3/5
ActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
Countries of registration:
bs Flag
uk Flag
pt Flag
lu Flag
br Flag
Regulators:
SCBFCACMVMCSSFCONSOBCVM
Trading Assets
ForexStocksIndicesCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft CommoditiesETF
Trading Platforms
MetaTrader 4MetaTrader 5ActivTraderTradingView
compare ActivTrades trading accounts

ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.

However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.

Pros and Cons of ActivTrades

Pros

  1. Wide range of trading assets.
  2. A wide variety of trading platforms.
  3. Extensive training materials including webinars, videos, articles and guides.
  4. Professional Support Team.

Cons

  1. Lack of diversity in trading accounts.

7. ATrade

AvaTrade IL Logo
Spread fromEURUSD0.6pips
Trading Assets
Forex Stocks Indices Bonds Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 4 WebTrader AvaTradeGO
★4.2/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead AvaTrade IL review
7
About AvaTrade IL
Founded in 2005
Countries of registration:
ie Flag
vg Flag
au Flag
za Flag
jp Flag
ae Flag
il Flag
ca Flag
Regulators:
Central Bank of IrelandKNFBVIFSCASICFSCAJFSAJFFAFSRAISACIRO
AvaTrade IL Logo
7
★4.2/5
AvaTrade IL review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
ie Flag
vg Flag
au Flag
za Flag
jp Flag
ae Flag
il Flag
ca Flag
Regulators:
Central Bank of IrelandKNFBVIFSCASICFSCAJFSAJFFAFSRAISACIRO
Trading Assets
ForexStocksIndicesBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4WebTraderAvaTradeGO
compare AvaTrade IL trading accounts

ATrade is well-suited for traders seeking a variety of trading instruments and user-friendly trading platforms. It can appeal to both beginners looking to start trading and experienced traders who want to expand their knowledge and skills.

Pros and Cons of AvaTrade IL

Pros

  1. A wide selection of financial instruments.
  2. Innovative trading platforms.
  3. Highly rated educational resources.

Cons

  1. Limited trading account options.
  2. Account inactivity fee.

8. NPBFX

NPBFX Logo
Spread fromEURUSD0.4pips
Trading Assets
Forex Indices Cryptocurrency ETF Stocks Commodities
Trading Platforms
MetaTrader 4
★4.2/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead NPBFX review
8
About NPBFX
Founded in 2016
Countries of registration:
km Flag
Regulators:
MISA
NPBFX Logo
8
★4.2/5
NPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
km Flag
Regulators:
MISA
Trading Assets
ForexIndicesCryptocurrencyETFStocksCommodities
Trading Platforms
MetaTrader 4
compare NPBFX trading accounts

NPBFX is suitable for novice and experienced traders, thanks to its extensive educational program, various account types, and set of trading instruments. The broker is particularly noteworthy for those who value quality technical analysis and a diversity of trading instruments.

Despite certain drawbacks, NPBFX provides quality service and can be used by most traders.

Pros and Cons of NPBFX

Pros

  1. A rich selection of analytical tools and resources.
  2. Extensive education section.
  3. A variety of trading account types.
  4. Numerous available methods for depositing and withdrawing funds.

Cons

  1. Lack of alternatives to the MetaTrader 4 platform.
  2. Regulation in an offshore jurisdiction.

9. HYCM

HYCM Logo
Spread fromEURUSD0.1pips
Trading Assets
Forex Stocks Indices Cryptocurrency ETF Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 4 MetaTrader 5
★4.2/5
Register71-74% of retail investors lose money when trading CFDs with this brokerRead HYCM review
9
About HYCM
Founded in 1976
Countries of registration:
uk Flag
cy Flag
ky Flag
ae Flag
Regulators:
FCACySECCIMASVGFSADFSA
HYCM Logo
9
★4.2/5
HYCM review
Register71-74% of retail investors lose money when trading CFDs with this broker
Countries of registration:
uk Flag
cy Flag
ky Flag
ae Flag
Regulators:
FCACySECCIMASVGFSADFSA
Trading Assets
ForexStocksIndicesCryptocurrencyETFPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5
compare HYCM trading accounts

HYCM is one of the Forex and CFD market leaders whose reputation is backed by strict regulation by major financial authorities such as the FCA, CySEC and DFSA. This ensures high protection of the client's funds and compliance with regulatory standards. The broker offers a wide range of trading platforms, including MetaTrader 4 and MetaTrader 5, recognized as some of the most reliable and functional in the industry. The variety of trading instruments available allows you to create a diverse investment portfolio, while a rich selection of educational resources supports traders at all stages of their professional development.

HYCM will be most suitable for traders looking for reliability and diversity in the toolkit without worrying about high commissions and a lack of innovative platforms. This broker is ideal for experienced traders who can use the analytical and educational resources provided to improve their trading strategies.

Pros and Cons of HYCM

Pros

  1. Well-regulated broker.
  2. An extensive set of educational materials.
  3. Diversity of trading assets.

Cons

  1. Absence of proprietary trading platform.
  2. No social trading.

10. InstaForex

InstaForex Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Cryptocurrency Stocks ETF Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 5 MetaTrader 4 InstaForex Webtrader
★4.2/5
Register71.99% of retail investors lose money when trading CFDs with this brokerRead InstaForex review
10
About InstaForex
Founded in 2007
Countries of registration:
vg Flag
cy Flag
vc Flag
Regulators:
BVIFSCCySECSVGFSA
InstaForex Logo
10
★4.2/5
InstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
Countries of registration:
vg Flag
cy Flag
vc Flag
Regulators:
BVIFSCCySECSVGFSA
Trading Assets
ForexIndicesCryptocurrencyStocksETFPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4InstaForex Webtrader
compare InstaForex trading accounts

InstaForex is a popular broker that offers a wide range of trading instruments and specialized accounts. The unique possibility of accruing interest on the account balance, ForexCopy's automatic transaction copying service, and support for cryptocurrency trading make InstaForex an attractive choice for a variety of traders. Customer support is available round the clock, and account replenishment does not charge any commission, which is a significant plus.

InstaForex is suitable for beginner traders and investors interested in passive income through PAMM accounts, as well as for those looking for innovative features such as cryptocurrency trading and automatic trade copying.

Pros and Cons of InstaForex

Pros

  1. Large selection of trading instruments.
  2. PAMM accounts and the ForexCopy automatic trade copying service for passive income.
  3. 24/7 efficient customer support.
  4. Wide range of methods for depositing and withdrawing funds.
  5. Decent analytical section.

Cons

  1. Trading commissions are above average.
  2. No trading accounts with market execution of orders (ECN or STP).
  3. Broker commission on fund withdrawals.

Regulation of Forex Brokers in Israel

The regulation of Israeli brokers is strictly controlled by the Israel Securities Authority (ISA), which acts as the primary regulatory body in this field. The ISA ensures adherence to high standards of transparency and security, which is a key factor in protecting investors' interests in the financial market.

The main directions of regulation include:

  • Strict control over brokers' financial activities. The ISA monitors that brokerage companies comply with financial norms and standards established both nationally and internationally.

  • Ensuring the segregation of client funds. This measure aims to prevent the misuse of client funds and minimize the risk of their loss.

  • Verification of the accuracy of provided information. The ISA requires brokers to provide accurate and complete information about the risks associated with Forex trading, which increases the level of awareness and protection for traders.

  • Compliance with international standards. Israeli Forex brokers must comply with international rules and regulations, which ensures an additional level of protection for investors.

The role of the ISA in regulating Forex brokers in Israel is crucial for maintaining order and security in the market, thereby ensuring the protection of traders' interests and strengthening trust in the country's financial sector.

How We Compiled the List of Top Forex Brokers in Israel

The rating of the best Forex brokers in Israel is created based on weighted and meticulously developed criteria, ensuring a balance between quality and reliability:

  1. The foundation for ranking brokers was our comprehensive Forex brokers rating, which takes into account numerous aspects of their operations.

  2. A unique methodology was used to evaluate brokers, including an analysis of a wide range of parameters such as reliability, trading conditions, offered instruments, and quality of customer service.

  3. All brokerage companies included in the list enjoy a high level of trust among traders in Israel and actively offer their services in the local market.

These criteria ensure that the selected Forex brokers in Israel meet stringent standards of quality and safety, as well as provide conditions for effective and secure trading in Forex and CFDs.

FAQ

Which brokers are the best?

The best brokers depend on your needs and preferences. Some of the most popular and reliable brokers include:

  • FxPro: Known for low spreads and fast order execution.

  • RoboForex: Offers a wide range of trading instruments and excellent customer support.

  • AMarkets: Attracts traders with a variety of bonuses and promotions.

  • Alpari: Provides quality educational support and a wide selection of trading platforms.

It is recommended to study the conditions and offers of each broker to choose the most suitable one for yourself.

How does a broker differ from an exchange?

Broker – is an intermediary that provides traders with access to financial markets, including exchanges. Brokers help execute trades in the market, provide trading platforms, and offer educational resources and analytics.

Exchange – is a centralized market where various financial instruments such as stocks, bonds, commodities, and derivatives are traded. Exchanges set trading rules and ensure transparency and fairness of transactions.

Thus, an exchange is a place where transactions are made, and a broker is an intermediary that helps traders interact with the exchange and markets.

What is the difference between Forex and CFD trading, and can I use both with the same broker in Israel?

Forex trading focuses specifically on currency pairs, while CFD trading allows you to speculate on the price movements of many asset classes, including indices, stocks, commodities and cryptocurrencies, without owning the underlying asset. Many brokers that serve clients in Israel offer both Forex and CFDs on the same platform, so you can combine currency trading with broader market exposure. If you want to compare dedicated CFD providers, see our guide to the best CFD trading platforms in Israel.

How do brokers make money?

Brokers earn from several main sources of income:

  • Spreads: The difference between the buying and selling price of an asset.
  • Commissions: Fixed fees for each completed transaction.
  • Swaps: Fees for carrying a position overnight.
  • Additional services: Fees for withdrawals, paid subscriptions for analytical materials, and other services.

How to withdraw your money from a broker?

To withdraw your money from a broker, follow these steps:

  1. Log in to your account: Use your login and password to access your trading account.
  2. Go to the withdrawal section: Usually, this is the "Withdrawal" or "Finance" section on the trading platform.
  3. Choose a withdrawal method: Select a convenient method for withdrawing funds (bank transfer, e-wallets, etc.).
  4. Enter the amount and details: Specify the withdrawal amount and necessary payment details.
  5. Confirm the request: Confirm the withdrawal request and wait for it to be processed. The processing time and receipt of funds to your account may vary depending on the chosen withdrawal method and broker conditions.

How to distinguish a broker from a scammer?

To distinguish a reliable broker from a scammer, pay attention to the following aspects:

  • Regulation: Reliable brokers have licenses from reputable regulators (e.g., FCA, CySEC, ASIC).
  • Transparency: Open information about the company, trading conditions, and commission fees.
  • Reviews and reputation: Study customer reviews and ratings on specialized forums and websites.
  • Contact information: Availability of real contact details and offices.
  • Customer support: Quality and prompt customer support.

How to check the reliability of a broker?

You can check the reliability of a broker in the following ways:

  • License Verification: Ensure that the broker holds a license from a reputable regulator.
  • Review Trading Conditions: Carefully review the trading conditions, commissions, and spreads.
  • Analyze Reviews: Study reviews and ratings on independent resources.
  • Test the Platform: Try a demo account to assess the quality of order execution and platform usability.
  • Check Company History: Research how long the broker has been in the market and its reputation.
Nikolay Zavarov - AuthorNikolay ZavarovAuthor

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.

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