Israeli Binary Options Provider iTrader Expands to FX
- iTrader has launched a foreign exchange venture under the same brand name - iTraderFX.
Israeli binary option provider iTrader, famed for sponsoring soccer club Bietar Jerusalem up until July 2015, has launched a new foreign exchange venture under the same brand, called iTraderFX. Traders can now choose whether to use iTrader’s binary options platform via the company’s existing site or they can trade in Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term with the iTraderFX web or mobile platform.
This shift is in contrast to the latest trend in the relatively small Israeli forex industry, where more and more FX brokerages are looking to expand their businesses to binary options. iTrader's move to the forex industry may be explained by growing pressure on binary option operators from regulators at CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term, and the common expectation that the Israeli Security Authority (ISA) will leave binary options operations out of the regulation process being constructed these days. iTrader was among the 21 companies that applied for a license from the ISA last May.
Last summer iTrader announced that it is terminating its sponsorship deal with Beitar Jerusalem, one of the most popular football teams in Israel, only one month after capitalizing on an option to extend the sponsorship for one more year. The termination came after a riot outside Belgian football club Charleroi S.C. stadium lead by Beitar’s fans. The sponsorship was estimated as worth a million NIS a year. However, one month after thecancellation of the Betiar Jerusalem sponsorship agreement, iTrader signed a strategic partnership agreement with Maccabi Tel Aviv basketball club, an agreement valued at 1.2 million NIS for 2015/2015 season.
“iTrader investment house offers a variety of investment opportunities in various trading platforms such as indices, forex and of course binary options,” the company stated. “The expansion of iTrade to the forex sphere is a natural move, due to high growth of clients in recent year and due to the firm's will to offer them attractive and additional investment opportunities.“
Israeli binary option provider iTrader, famed for sponsoring soccer club Bietar Jerusalem up until July 2015, has launched a new foreign exchange venture under the same brand, called iTraderFX. Traders can now choose whether to use iTrader’s binary options platform via the company’s existing site or they can trade in Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term with the iTraderFX web or mobile platform.
This shift is in contrast to the latest trend in the relatively small Israeli forex industry, where more and more FX brokerages are looking to expand their businesses to binary options. iTrader's move to the forex industry may be explained by growing pressure on binary option operators from regulators at CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term, and the common expectation that the Israeli Security Authority (ISA) will leave binary options operations out of the regulation process being constructed these days. iTrader was among the 21 companies that applied for a license from the ISA last May.
Last summer iTrader announced that it is terminating its sponsorship deal with Beitar Jerusalem, one of the most popular football teams in Israel, only one month after capitalizing on an option to extend the sponsorship for one more year. The termination came after a riot outside Belgian football club Charleroi S.C. stadium lead by Beitar’s fans. The sponsorship was estimated as worth a million NIS a year. However, one month after thecancellation of the Betiar Jerusalem sponsorship agreement, iTrader signed a strategic partnership agreement with Maccabi Tel Aviv basketball club, an agreement valued at 1.2 million NIS for 2015/2015 season.
“iTrader investment house offers a variety of investment opportunities in various trading platforms such as indices, forex and of course binary options,” the company stated. “The expansion of iTrade to the forex sphere is a natural move, due to high growth of clients in recent year and due to the firm's will to offer them attractive and additional investment opportunities.“