Is HYCM safe?
Review the regulatory licences, legal entities, official warnings, company history, website records and user-reported issues connected with HYCM.
Also known as Henyep Capital Markets
- Editorial score
- 8.0/10How we scored HYCM
- User rating
- No user ratings yet
- Regulatory status
- FCADFSA (DIFC)
- Country
- United Kingdom
- Established
- Established 1977
- Website
- hycm.com
HYCM may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.
Review the regulatory licences, legal entities, official warnings, company history, website records and user-reported issues connected with HYCM.
Safety summary
Client money is held separately from the firm's own money, at Tier 1 banks. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.
Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.
Covered by FSCS up to £85,000 for eligible UK clients, which pays eligible clients up to its limit if the firm fails owing client money.
Regulatory coverage
HYCM is connected with 2 recorded licences: FCA (tier one) and DFSA (DIFC) (tier one).
Client protections
Protections may include segregated client money, negative balance protection and a compensation scheme (FSCS up to £85,000 for eligible UK clients). They apply only where the account and client are eligible under the relevant entity and jurisdiction.
Official warnings
Regulator warnings, investor alerts and clone notices appear here as they are recorded, with the source.
Licence concerns
A concern is recorded when a licence cannot be confirmed to cover the entity or website shown on this profile.
Website verification
The recorded broker website is hycm.com. Verify the domain through an official regulator register where possible and do not rely on links received through unsolicited messages.
Company history
HYCM was established in 1977. No material change has yet been recorded on this profile.
Complaints and responses
This does not establish that no complaints exist elsewhere.
The available evidence supports a favourable risk assessment for HYCM. This assessment can change if licences, entities, warnings or broker operations change.
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