Chapter
Banks, brokers and accounts
In Israel you can open an investment account at a bank or at a licensed brokerage. Expect to provide ID, proof of address, tax-residency details and a questionnaire about your experience.
Israeli banks and brokers usually handle tax withholding on local securities. Foreign brokers often do not, so you may need to report and pay yourself.
Before you commit, check three things: the firm is licensed where it operates, your assets are held separately from its own money, and the full fee schedule is available in writing.