Spot crypto is legal and licensed: dealing in virtual assets is a regulated financial service, and the licence comes from the Capital Market, Insurance and Savings Authority. The State Comptroller's November 2024 audit of digital-currency taxation records that five licence holders were then operating in Israel in the field of virtual assets under a licence granted by the Capital Market Authority, and that the licence allows them to buy, sell and convert virtual assets. The same authority published an investor warning in February 2023 against taking financial services in virtual currencies from unsupervised bodies operating without its licence — which is the shape of the regime: licensed venues are lawful, unlicensed ones are what the regulator warns about.
A perpetual on BRENT tracks price and does not confer ownership of the underlying — the same contract mechanics apply in every jurisdiction; what differs by country is legal status and funding rails.
7 venues open brent crude perps to traders in Israel.
Avantis
Helix
Hyperliquid
Lighter
Ondo
OstiumFour steps from sign-up to an open position.
Capital gains tax for an individual whose crypto activity does not amount to a business, with no VAT; marginal income-tax rates where the activity does amount to a business, and mining taxed as a business and as a VAT-registered dealer.
Trading BRENT from Israel: legal.
Israel traders can fund Brent Crude positions using Israeli commercial bank transfer (ILS).
Israel residents can trade Brent Crude on 8 platforms, including Avantis, GMX and Helix.
Canborsa offers up to 20x leverage on Brent Crude for traders based in Israel.
On Canborsa, Brent Crude trading from Israel costs 0.07% per side.