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SpotOption.com
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Founded in 2010, SpotOption became the world's leading technology provider for the binary options industry, powering hundreds of online brokerage brands. The company provided a complete, turnkey "white-label" solution that included the trading platform, website development, payment processing integration, and customer management tools, allowing entrepreneurs to quickly launch their own brokerage. However, the company and the industry it enabled came under intense international regulatory scrutiny for fraudulent practices. Following multiple investigations, an FBI raid on its Israeli offices in 2017, and the subsequent conviction of its CEO for fraud, the company ceased operations.
Israel
Industry
Technology
HQ Location