Asset × Country · Legal Status

How to Trade Nasdaq 100 (XYZ100) (XYZ100) in Israel

STATUSLegal REGULATORCapital Market CLASSIndex

From Israel, exposure to Nasdaq 100 (XYZ100) runs through a USDC-settled perpetual.

Nasdaq 100 (XYZ100) · XYZ100-PERPIndex · Israel

Price · 24h—

Max leverage20x

Funding · APR—

In IsraelAvailable

Canborsa fee0.07% per side

Trade XYZ100 on Canborsa ›

Nasdaq 100 (XYZ100) in Israel · at a glance

Legal

legal statusNasdaq 100 (XYZ100) exposure from Israel

20x

max leverageNasdaq 100 (XYZ100) on Canborsa

0.07%

0.14% round-tripCanborsa fee per side

funding intervalSettled while a position is open

What the law actually says

Is Nasdaq 100 (XYZ100) trading legal in Israel?

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.

What the contract is

The contract itself does not change by geography: a XYZ100 perpetual settles in USDC everywhere.

Regulator — Israel

RegulatorCapital Market

Websitewww.new.isa.gov.il

CryptoLegal

Funding · local rails

How to fund a trade from Israel

The routes traders use to reach USDC before a deposit.

Rails · deposit routes

Rail

Status

Note

Israeli commercial bank transfer (ILS)

LIMITS

Lawful main rail, but banks often demand proof tracing the coins' path before allowing a deposit, despite a 2023 court ruling.

Availability · by platform

Platforms that offer Nasdaq 100 (XYZ100) perps in Israel

2 venues open Nasdaq 100 (XYZ100) perps to traders in Israel.

Platform

Sign-up

Max lev

Taker fee

CanborsaSign up›

Browser Wallet Non-custodial

20x

0.07%

Hyperliquid

Browser Wallet Non-custodial

30x

0.045%

How to start trading Nasdaq 100 (XYZ100) from Israel

Four steps from sign-up to an open position.

01.

Sign up on Canborsa with email, X or a wallet

No document upload to open the account. Canborsa is non-custodial: your collateral stays under your own keys until a position opens.

Email X Wallet

02.

Fund the account with USDC

Deposit USDC over Canton, Robinhood Chain, Ethereum, Base, BNB Chain or Arbitrum. Canborsa takes no fiat, so buying the USDC happens wherever you normally buy stablecoins.

→

Robinhood Chain

03.

Open XYZ100-PERP

Pick XYZ100 in the markets list. The ticket shows the live price, the current funding rate and max leverage 20x .

XYZ100-PERPPerpetual · USDC marginLONG

04.

Choose Buy / Long, then set size and leverage

Buying $1,000 of XYZ100 at 5x uses $200 of collateral. Higher leverage moves the liquidation price closer to your entry: your exposure is the position size, whatever margin you posted. Set a stop-loss below your entry before you walk away.

Position · PnLexamplePnL: $3,425.52|+53.6%

Tax note — Israel

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.