Hitorank, through its websites fx007.me, fx007cn.com, and fx007hk.com, offers a platform focused on rating and querying foreign exchange (forex) brokers. Operated by Hitorank Technology Co., Limited in Hong Kong, China, the platform aims to provide global users with corporate information querying tools. It emphasizes the importance of adhering to the legal norms of the user's country or region during usage.
Website Content and Features
- Section Classification: Hitorank's website design includes multiple sections such as home, news, platforms, regulatory inquiry, signals, market spreads, service number, private circle, financial calendar, Skype download, and MT4/5 download. These sections provide a wide range of content including market news, analytical tools, and regulatory information.
- Broker Information: The site lists multiple forex brokers, providing information on their trading varieties, server numbers, licenses, and associated platforms, which helps users compare and choose the right trading platform.
- Coverage of Financial Instruments: Includes forex, gold, spot gold, digital currency, stocks, and futures, covering the main financial products on the market.
- Ranking and Classification: Provides information on different trading environments, including rankings of emerging platforms, lists of problematic platforms, popular search rankings, and blacklisted platforms, helping users identify and avoid potential risk platforms.
- Regulatory Body Information: Covers several global regulatory bodies, including the United Kingdom, the United States, Canada, Australia, etc., providing users with information about the regulatory status of brokers.
- Account Type Classification: The site also classifies the different types of accounts offered by platforms, such as ECN accounts and standard accounts.
- Operational Status Monitoring: Provides current operational status of platforms, including normal operation, complaint situations, withdrawal issues, etc., helping users understand the actual operation of trading platforms.
Hitorank and Its Associated Companies
Hitorank is an online platform focused on the rating and querying of forex brokers, operated by Hitorank Technology Co., Limited in the Hong Kong Special Administrative Region of China. In addition to Hitorank, the company operates a series of other services and products related to the forex market, enhancing its coverage and influence in the field of forex information services.
- Forex Secret Agent: As a sister site to Hitorank, Forex Secret Agent offers similar services, focusing on collecting and providing detailed information about forex brokers to assist traders in complaint exposure.
- FxGecko: Another platform related to Hitorank, FxGecko offers a broader forex market regulation and user review system, aiming to enhance market transparency and user safety.
- Zebra Complaints: As a channel for user complaints and feedback, Zebra Complaints focuses on collecting user feedback and complaints about forex brokers, helping other traders understand the real operation of various platforms.
Credibility Issue
Despite Hitorank providing a wealth of information and functionality related to the forex market, there are questions about its credibility. A Scamadviser report points out that fx007cn.com has a low trust score and is considered potentially a scam website. The report notes that the website's owner's identity is hidden, and the site shares servers with several other low-trust-score websites. Additionally, the site is relatively young, only 10 months old, typically considered a suspicious sign.
Conclusion
In summary, Hitorank offers a comprehensive forex market information platform, covering aspects like broker ratings, trading tools, and regulatory information. However, given the issues with the website's credibility, users are advised to exercise caution when using the platform and conduct thorough research to verify the accuracy and reliability of the information provided.
