Israel’s binary options industry is a kind of high-risk securities industry that is more akin to a casino. It is becoming clear that Israel’s hidden binary options industry comprises two thirds of the market for these securities and has become a major export industry.
High-risk securities industry
Binary options concern the change in the trend, in other words whether something rises or falls over a pre-determined period of time, whether it is a stock, currency or commodity. The option promises the investor pre-determined returns and thus cancels the significance of the gap between the rate at which the deal is implemented and the rate when the option expires. Israel is a global center for online binary options trading but in recent years this industry, which targets customers overseas, has been subject to major criticism and charges ranging from immorality to fraud.
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