One of the world 's largest and best - known traders in online binary options , Banc De ##mand , has said it is " losing " its business " due to regulatory constraints " . Binary options usually involve betting on whether individual shares, indexes, currencies or other securities will go up or down in a given period of time. The Israeli - owned and Cyprus - registered firm , which paid $ 11 m in fines in the Netherlands last year , urged clients with remaining options to withdraw them . There are estimated to be more than 100 binary options firms in Israel and the fast - growing sector is plagued with allegations of fraud . The country 's chief securities regulator , Shmuel Hauser , has already banned firms from selling binary options within Israel and is seeking to prevent them selling them abroad also .
One of the world 's largest and best - known traders in online binary options , Banc De ##mand , has said it is " losing " its business " due to regulatory constraints " . The Israeli - owned and Cyprus - registered firm , which paid $ 11 m in fines in the Netherlands last year , urged clients with remaining options to withdraw them . There are estimated to be more than 100 binary options firms in Israel and the fast - growing sector is plagued with allegations of fraud . The country 's chief securities regulator , Shmuel Hauser , has already banned firms from selling binary options within Israel and is seeking to prevent them selling them abroad also .