Israeli Regulators Raided the Offices of iTrader According to Local Media

Investigators from the Israeli Security Authority (ISA) have allegedly raided the offices of online foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term and CFDs brokerage iTrader, according to reports in Israeli business newspaper TheMarker. Speaking with Finance Magnates an ISA representative can only say that "the Authority does not comment on matters of intelligence and investigations."

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The newspaper mentions that they do not know the reason for the raid but, as far as they know, several top executives from the firm were even taken in for investigation.

Finance Magnates have tried to contact the management of the Israeli branch of iTrader and will update our readers when an official comment is given.