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Is it safe?

Is HYCM safe and legit?

Short answer, from public records

HYCM states licences from FCA and DFSA. We matched 2 on the regulator's own register (FCA, DFSA). We found no regulator warning naming the firm itself.

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Licences

Full broker page
  • ✓ On registerFCA 186171HYCM Capital Markets (UK) Limited
  • ✓ On registerDFSA F000048HYCM Capital Markets (DIFC) Limited

Regulator warnings

All warnings

None naming the firm itself.

0 look-alike site warnings (these copy the name; they are not HYCM)

Real site: https://www.hycm.com/

Trustpilot

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Scam red flags to check yourself

  • Someone contacts you first (WhatsApp, Telegram, Instagram, dating apps) and offers to trade for you.
  • Guaranteed or fixed returns, or “no-loss” accounts.
  • A web address that is close to, but not exactly, the broker's real site.
  • Pressure to deposit more before you can withdraw, or “tax/fees” to release your money.
  • The licence number on the site doesn't match the regulator's register, or the company name differs.

See Spotting scams in the Academy, or report a scam.

Questions

Is HYCM safe?

HYCM states licences from FCA and DFSA. We matched 2 on the regulator's own register (FCA, DFSA). We found no regulator warning naming the firm itself. We don't say whether a broker is safe for you. Check the licence number on the regulator's register before you deposit.

Is HYCM regulated?

HYCM states licences from FCA, DFSA. Which entity you sign up with depends on your country, and protections differ by regulator.

Are there fake HYCM websites?

We found no regulator warnings about look-alike sites for HYCM. Still type the address yourself: https://www.hycm.com/

Which HYCM company holds the FCA licence (United Kingdom)?

HYCM Capital Markets (UK) Limited, licence number 186171. We matched it on the regulator's own register. Check it yourself on the register: https://register.fca.org.uk/s/firm?id=001b000000MfHH0AAN

Which HYCM company holds the DFSA licence (UAE (DIFC))?

HYCM Capital Markets (DIFC) Limited, licence number F000048. We matched it on the regulator's own register. Check it yourself on the register: https://www.dfsa.ae/public-register/firms/henyep-capital-markets-difc-limited

Facts from public sources, not advice. Info may be out of date or wrong. Always check with the regulator before you trade.