Regulation & Licences

HYCM is regulated by three of the world’s leading financial jurisdictions. Clients can rest assured that they are trading with a safe and secure company.

Regulated By FCA
FRN 186171
Regulated By CySEC
#259/14
Regulated By CIMA
1442313

HYCM is authorised and regulated by the UK’s Financial Conduct Authority (FCA), company reference number 186171. View our licence here.

Since 1998

Market Confidence

Consumer Protection

Financial Stability

Reduction of Financial Crime

The FCA has 4 statutory objectives:

Market confidence
Consumer protection
Financial stability
Reduction of financial crime

Benefits of FCA membership for HYCM clients:

Capital within the firm can only be used to support the regulatory business
Regular third-party audits ensure adherence to high standards of compliance
Qualified Compliance Officer ensures compliance with all regulatory responsibilities, fair treatment of clients and resolution of clients’ complaints
Access to Financial Services Compensation Scheme (FSCS)

HYCM is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), licence number 259/14. View our licence here.

Since 2014

Market Confidence

Consumer Protection

Financial Stability

Reduction of Financial Crime

Benefits of CySEC licence for HYCM clients:

Legal requirement to maintain sufficient capital to cover all client deposits, movements in the firm's currency positions and company expenses
Adherence to the highest standards of compliance at all times
Qualified Compliance Officer ensures compliance with all regulatory responsibilities, the fair treatment of clients and resolution of clients complaints
Compulsory maintenance of systems and controls for treating customers fairly
Mandatory external auditor to independently review accounts and client money procedures

EU-member states registrations

BaFin Germany

Federal Financial Supervisory Authority

ACP France

Autorité de Contrôle Prudential

MNB Hungary

Magyar Nemzeti Bank

FI Sweden

Finansinspektionen

CONSOB Italy

Federal Financial Supervisory Authority

FCA UK

Financial Conduct Authority

KNF Poland

Polish Financial Supervision Authority

CNMV Spain

Comisión Nacional del Mercado de Valore

To view the full list, please click here.

HYCM is authorised and regulated by the Cayman Islands Monetary Authority (CIMA), licence number 1442313. View our licence here.

Monetary Managment

Regulatory Oversite

Advisory Responsibilities

Overall Supervision

The Cayman Islands Monetary Authority has four principal functions:

Monetary. Issue and redemption of Cayman Islands currency and management of currency reserves.
Regulatory. Regulation and supervision of financial services, monitoring of compliance with money laundering regulations, issuance of a regulatory handbook on policies and procedures and rules and statements of principle and guidance.
Cooperative. Provision of assistance to overseas regulatory authorities, including execution of memoranda of understanding to assist with consolidated supervision.
Advisory. Provision of advice to the Government on monetary, regulatory and cooperative matters.

Regulatory
Trade Reporting

In accordance with the European Market Infrastructure Regulation (EMIR), all firms operating in the EU are legally obliged to report all derivatives to trade repositories, including CFDs.

HYCM reports all clients’ executed trades through UnaVista, the LSE global hosted platform (FCA) and DTCC (CySEC), providing airtight security when trading.

Security Of Client Funds

HYCM strongly supports transparency and fair trading while guaranteeing client funds are always safe and secure.

Read more about our stringent practices here.