This is just the latest variation of the forex and binary options scams which have been around for more than a decade now: see https://en.wikipedia.org/wiki/For

This is just the latest variation of the forex and binary options scams which have been around for more than a decade now: see https://en.wikipedia.org/wiki/Foreign_exchange_fraud https://en.wikipedia.org/wiki/Foreign_exchange_fraud and https://en.wikipedia.org/wiki/Binary_option#Israel https://en.wikipedia.org/wiki/Binary_option#Israel. Usually these sites are bucket shops and no actual assets or securities are even traded, people are just given the illusion that they are being traded and that they are making a profit. Pretty grim stuff.