Regulation & Licences

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

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.

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.