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Best Trading Platform in Israel 2021

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The top online brokers of 2021 in Israel are IQ Option, AVATrade, eToro, XM Trade, and Pepperstone. If you’re a beginner Israeli trader, AVATrade is the best choice for you. If you’re a forex trader, XM offers a variety of tradable assets. 

This article discusses the top brokers and platforms for Israeli citizens. 

The Top 5 Online Brokers Of 2021 For Israeli Citizens 

  1. IQ Option is the best online broker in 2021 with a variety of trading assets.
  2. AVAtrade is the best broker for beginner Israeli traders.
  3. eToro is the best social trading broker in Israel.
  4. XM is the best online broker in 2021 for forex trading. 
  5. Pepperstone  is the best forex broker with beginner-friendly tools. 

Best Online Brokers Israel 2021

RANKBROKERGENERALPLATFORM SCOREBEST FORWEBSITE
#1IQ Option​Best overall offer4.9/5Options, stocks, forex and cryptoOfficial website
#2AVAtradeBest web trading platform4.9Beginner TradersOfficial website
#3eToroBest for copy trading4.9/5Social TradingOfficial website
#4XMBest for forex trading4.9Forex tradingOfficial website
#5PepperstoneBest for social trading4.8/5Beginner TradersOfficial website

TOP 5 Trading Platforms in Overview:

01. IQ Option: The Best Israel Broker With Versatile Assets

IQ-option-logo-1

IQ Option is the best online broker for options trading, known for low spreads, a sophisticated trading platform, free demo account options, and responsive customer support. 

It is a great platform for traders looking to invest in options and cryptocurrencies on a feature-rich and easy-to-use trading platform. IQ Options is excellent for traders at all levels from beginners to advanced. With nearly 16 million accounts and 3.6 million trades per day, IQ Options offers a transparent trading platform that enables users to trade forex, stocks, binary options, and cryptocurrencies.

The trading experience on their proprietary web, desktop, and mobile platforms is smooth. Their trading platform offers a great variety of charting tools that help traders predict future market movements.


02. AVATrade: The Leading Beginner-Friendly Web Trading Platform In Israel 

Founded in Dublin in 2006, AvaTrade offers average-to-competitive fee spreads and several tradable currency pairs and CFD’s over stocks. AVAtrade trades dozens of cryptocurrencies and a handful of options. They provide several trading platforms, each aimed towards traders with different experience and skill levels.

Deposits and withdrawals are free of charge. The minimum deposit is $100. There are fees for inactivity and overnight financing. A dedicated educational and research site offers several free courses, videos, and market analysis. Customer support is responsive and available through phone, email, and live chat.

Regulated in six jurisdictions, AvaTrade is available in the UAE since 2020. They are a trusted broker with a long operational history.


03. eToro: The Top Social Trading Broker 

etoro-login


eToro is a safe online broker regulated by top-tier financial regulators. It is known for its multi-asset, features-rich trading platform, and advanced social copy trading features. This lets users copy trades and portfolios from other traders. Built in a forum-like way, it allows engagement between peers through a comment section.

eToro offers a range of CFDs over stocks, currencies, crypto, indices, and commodities. Trading spreads are wide; deposits are free. There are conversion and inactivity fees.  eToro provides a comprehensive list of technical tools, charts, and newsfeeds. Their customer support is available through email and live chat.


04. XM Trade: The Best Forex Trading Platform For UAE Citizens 

XM.com is the best broker for trading forex and CFDs. They offer the best Social Copy Trading opportunities through their full suite of MT4 and MT5 web, desktop platform, and mobile platforms. XM Forex tools and accounts are suitable for both beginning and experienced traders. They have more than 1.5 million clients in 196 countries.

Their minimum opening fees range from $5 to $100 based on account type. XM Forex supports clients wanting to sample their platform with a Demo account. They provide auto-trading, fast order executions, multiple order types, and no hidden commissions. 

Their research group Tradepedia offers courses aimed at all levels. XM Forex customer service group is highly rated with e-mail, phone, and live chat 24/5. XM Forex Global Web-trade is regulated by CySEC (Cyprus Securities and Exchange Commission), ASIC (Australian Securities and Investment Commission), IFSC and is considered a safe broker for trading forex and CFDs.


05. Pepperstone: The Most Tradable Assets For Beginner Israeli Clients 

pepperstone-logo-1

Based in Melbourne, Pepperstone is a reliable Forex and CFD broker, known for its diversity of trading platforms, industry-leading pricing, fast account opening, and great support. Pepperstone users can trade many assets including forex, CFDs, cryptocurrencies, indexes, shares, and commodities. This broker is excellent for traders at all levels, from beginners to advanced. Pepperstone offers MetaTrader and cTrader trading platforms with multiple self-developed add-ons. They do not have a proprietary mobile platform and instead use MT4 and cTrader mobile apps.

Pepperstone has a low minimum deposit, great customer support, an above-average research section, and an award-winning set of educational tools. Customer service is fast and reliable.


Final Verdict 

IQ Option, AVATrade, eToro, XM, and Pepperstone are the best brokers in Israel. Each of these brokers provides specialized services for Israeli traders. 

You should check our in-depth reviews for each broker before choosing one. UAE clients have access to excellent trading platforms and tools. 

Frequently Asked Questions 

Our reviews analyze these brokers using 105 distinct data points and use real accounts and transactions for a trustworthy assessment. You can read about our system in our methodology. 

How We Identify A Reliable Platform? 

We identified the top five trading platforms in Israel based on thorough research. We used the following criteria for a reliable analysis. 

Safety Risks For Israeli Citizens 

A trustworthy broker for Israeli citizens has top-tier licenses. Experienced brokers have a banking history and a significant presence on an exchange. It would be best if you learned more about the risks associated with trading in Israel. 

What Is The Financial Regulatory Authority In Israel? 

The Israel Securities Authority (ISA) is the financial regulatory body in Israel. You can read about its standards and regulations on  Wikipedia.   

The ISA appeared in 1968 to ensure an efficient capital market. It focuses on transparency and fair practices. Israeli brokers (IL) aren’t obligated to request authorization from the Israel Securities Authority. Having an ISA certificate improves its trustworthiness.  

How We Chose The Top International Trading Platforms For Israeli Residents? 

We review Israeli trading platforms using 105 data points. We rank the best brokers for Israeli citizens based on these major data point categories: 

Costs:  Transparent fee structures contribute to an excellent trading experience. Many brokers hide their costs, making it challenging to identify the best brokers without in-depth analysis. We found two brokers who offered the same US equity trades. From one broker to another, there was a 500% increase in those fees. 

Accounts:  Some Israeli brokers have multiple account types and different benefits and costs for those account types. Some brokers only have one account type and one base fee. Read our in-depth reviews to know which broker account is best for you. 

Withdrawal and deposit:  Some Israeli brokers will charge an initial deposit fee, while others will charge a withdrawal fee. Some charge both, and others charge neither. Read our in-depth reviews to find out more.

The timeframe for depositing funds differs from one broker to another. You should check the broker’s policies for Israeli residents. 

Market and products:  Not all brokerage firms have similar product coverage. Learning about the market and product offers valuable information on the assets you can use. 

Trading platform:  A user-friendly online platform contributes to a good trading experience. We recommend you opt for one that is professional and easy to understand. 

Our Methodology

We took the time to analyze and compare the top 30 international trading platforms in 2021. So, each firm received its review based on 105 distinct variables and more than 50,000 words of research.

Keep in mind that broker involvement was optional. Each broker provided a detailed profile and offered adequate time for a yearly update meeting. This opportunity came with two possibilities: giving information over the web or live in person.

We checked all the information provided by brokers with a lot of attention to detail. Our purpose was to offer you access to reliable, accurate, and well-researched data. Our validation process comes with less than a 1% error rate per year, as all the reviews we share come with a focus on quality and not quantity.

Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.

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