About Hit Option
Overview
Hit Option is registered as a company in the United Kingdom, with a founding date of 18 May 2020. The broker operates under the domain hitoption.net. However, FXCanary’s regulatory checks found no active financial regulators on file, meaning Hit Option does not hold any authorized license from a recognized financial authority.
As of the time of review, the official website does not appear to offer any forex or CFD trading services. Instead, the domain displays content unrelated to trading, which raises significant concerns about the broker’s current status and intentions. This lack of a coherent trading presence makes it impossible to verify the company’s operational model or service offering.
Company Registration and Legal Status
Hit Option was incorporated in the United Kingdom in 2020. While registration as a company is a legal requirement, it does not confer any authorization to provide financial services. The absence of a regulatory license from bodies such as the FCA, CySEC, or similar agencies means there is no independent oversight of the broker’s activities.
Potential clients should be aware that trading with an unregulated broker carries heightened risks, including limited recourse in the event of disputes. Without a clear regulatory framework, the protection of client funds is not guaranteed.
Website and Online Presence
The official website for Hit Option is hitoption.net. During our investigation, the site was found to be presenting content for a seemingly unrelated online lottery service, written in Thai. This discrepancy suggests either a change of business direction or that the domain has been abandoned and repurposed.
FXCanary could not locate any archived or cached versions of the site that clearly demonstrate a forex or CFD brokerage offering. The lack of a consistent and professional trading platform further undermines confidence in the entity. Traders are advised to exercise extreme caution when encountering such inconsistencies.
Risk Assessment and FXCanary Scam Risk Score
FXCanary has assigned Hit Option a Scam Risk Score of 48 out of 100, which falls into the 'Guarded' category. This score reflects the high level of uncertainty surrounding the broker’s operations, largely due to the absence of regulatory licensing and the anomalous state of its website.
A guarded rating indicates that the broker may not be a definite scam, but there are significant red flags that warrant careful consideration. Without verified information about trading conditions, account types, or customer support, it is prudent for traders to avoid engaging with Hit Option until more reliable data emerges.
Target Audience and Suitability
Based on the available information, Hit Option does not appear to be targeting any specific audience of retail or institutional traders. The current website content is geared toward lottery players in Thailand, which is a completely different industry.
This broker would not be suitable for anyone seeking a legitimate forex or CFD trading environment. Even for lottery enthusiasts, the site’s credibility is questionable given its origins as a registered broker. In FXCanary’s assessment, Hit Option is not a recommended choice for any form of financial engagement.
Overview compiled by FXCanary from regulatory records and public data. full Hit Option review