SpotOption

SpotOption was a privately held platform software provider based in Israel in the controversial binary option industry, which was banned in Israel starting in January 2018. The firm announced that it has left the binary options business and is exploring other possibilities. It had previously announced a downsizing of its operations in Israel and moving many functions to other locations. The firm claimed to have 70 percent share in the market for binary options platforms, and charged binary options firms up to 12.5% of their revenues.


SpotOption was a privately held platform software provider based in Israel in the controversial binary option industry, which was banned in Israel starting in January 2018. The firm announced that it has left the binary options business and is exploring other possibilities. It had previously announced a downsizing of its operations in Israel and moving many functions to other locations. The firm claimed to have 70 percent share in the market for binary options platforms, and charged binary options firms up to 12.5% of their revenues.
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