This FXCM Israel review covers the locally regulated arm of FXCM, serving Israeli traders under the oversight of the Israel Securities Authority (ISA). Operated by FXCM Israel Ltd, this entity offers tailored trading access in line with local investor protection rules, focusing on transparency, safety, and Hebrew-language support.

Regulation and Safety

FXCM Israel Ltd is licensed and supervised by the Israel Securities Authority (ISA), license number 514666577. This ensures full compliance with Israel’s Securities Law and Financial Instruments regulations. Client funds are held in segregated accounts with Israeli banks, and the broker is subject to periodic reporting, capital adequacy checks, and investor safeguarding protocols as defined by the ISA.

Execution Model and Trading Platforms

FXCM Israel offers Straight-Through Processing (STP) with no dealing desk execution. Liquidity is aggregated from Tier 1 providers via FXCM Group infrastructure. Supported platforms include:

• Trading Station (proprietary platform in Hebrew and English)
• MetaTrader 4 (MT4)
• Mobile trading apps for iOS and Android

Algorithmic trading and custom indicators are supported via MT4. FIX API access is not offered under the Israeli entity. VPS hosting is available for active traders upon request.

Markets and Instruments

FXCM Israel provides access to a selective set of CFD instruments approved by local regulation:

• Forex – USD/ILS, EUR/USD, GBP/USD, USD/JPY and other major pairs
• Indices – US30, NAS100, GER30, UK100
• Commodities – Gold, Crude Oil, Silver
• Crypto CFDs – BTC/USD, ETH/USD (offered under risk warnings)

Equity CFDs and exotic instruments are restricted due to ISA compliance guidelines.

Accounts, Spreads and Leverage

FXCM Israel offers a single standard account type for retail clients:

• Commission-free spreads from 1.3 pips on major pairs
• Leverage capped at 1:20 (forex) and 1:10 (indices) under ISA regulation
• Stop-out level: 50%
• Minimum deposit: ILS 500 (~$130)

Professional client categorisation is available upon application but is subject to strict ISA conditions. All accounts are denominated in Israeli Shekel (ILS) or USD.

Funding and Base Currencies

Funding is tailored for Israeli clients, with full support for local payment rails:

• Bank transfers from Israeli banks (Bank Leumi, Hapoalim, Discount, Mizrahi)
• Credit card deposits (local and international)

Deposits are processed within 1 business day. Withdrawals are typically completed within 2 business days. No deposit or withdrawal fees are charged by FXCM Israel.

Client Protections and Features

FXCM Israel adheres to strict ISA-mandated investor protection policies:

• Client fund segregation in Israeli financial institutions
• Negative balance protection
• Real-time risk exposure alerts
• Full Hebrew-language support and documentation
• Secure platform access with 2FA and encrypted data transfer

Institutional and Retail Offering

FXCM Israel is exclusively focused on retail traders. Institutional services such as FIX API, Prime of Prime, or white-label offerings are not supported. However, retail clients receive:

• Educational resources and webinars in Hebrew
• Technical analysis reports and economic calendars
• Personal account management
• Localised support during Israeli business hours

Pros and Cons

Pros

• Regulated by the Israel Securities Authority
• Local Hebrew-language platform and support
• Segregated accounts with Israeli banks
• Transparent STP execution model
• Strict risk controls and real-time alerts

Cons

• Lower leverage due to ISA limits
• No MT5 or FIX API access
• Limited number of instruments compared to global FXCM entities

Frequently Asked Questions

Is FXCM Israel regulated?

Yes, FXCM Israel Ltd is regulated by the Israel Securities Authority (ISA), license number 514666577.

What platform does FXCM Israel offer?

FXCM Israel offers Trading Station (in Hebrew) and MetaTrader 4 (MT4) for desktop, web, and mobile trading.

What leverage can I get with FXCM Israel?

Retail leverage is capped at 1:20 for forex and 1:10 for indices, in accordance with ISA guidelines.

Are withdrawals processed quickly?

Yes, most withdrawal requests are completed within 2 business days via local Israeli bank accounts.

Can I trade cryptocurrencies with FXCM Israel?

Yes, crypto CFDs like BTC/USD and ETH/USD are available, but subject to ISA-compliant risk warnings and limitations.