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HYCM Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.xyfxgroup..., the company's legitimate regulatory information United KingdomFCAMarket Maker (MM), Cayman IslandsCIMACommon Financial Service License to enhance the security of the company's address

HYCM Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
兴业投资
Abbreviation
HYCM
Company employee
--
Customer Service Email Address
info.cn@hycm-cc.com
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Clone Firm United Kingdom
Clone Firm Cayman Islands
Suspicious Overrun
High potential risk

Is HYCM safe or scam

Rating Index

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Latest Reviews

talal baig

talal baig

Pakistan

Warning to stay away from this broker. Signed up and was given professional status for the UK arm. Made $11,303.84 USD with them, without any warning they just withdrew it from my account, and a few hours later they terminated the agreement and have transferred back my original deposit only. Will be raising the issue with FCA, FOS and Traders court on FPA, and will consider legal advice from my litigator friend in London on the matter.

Exposure

2021-09-17

FX1698482712

FX1698482712

Hong Kong

As the price on crude oil plummeted, I traded in HYCM , On April 14th, I received the email from the London headquarter which claimed that position-opening would be banned due to the price fluctuation. Thus, I had no idea but to close the position, suffering a loss of $9300. I was furious about it. What’s more, they didn’t realize the problem and even refuse the compensation.

Exposure

2020-04-18

HYCM Forex Broker has an overall rating of 1.54, Regulatory Index 0.00, License Index 0.00, Business Index 7.22, Software Index 4.00 Risk Control Index 0.00.