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Regarding the legitimacy of HYCM forex brokers, it provides a comprehensive investigation into the security aspects of regulatory FCA, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Software Index

Full License

Risk Control

Risk Manage

Is HYCM safe?

The regulatory license is the strongest proof.

MM

FCA Market Making(MM)

Financial Conduct Authority

Financial Conduct Authority

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Market Making(MM)
  • Licensed Institution:

    HYCM CAPITAL MARKETS (UK) LIMITED HYCM CAPITAL MARKETS (UK) LIMITED
  • Effective Date:

    2001-12-01
  • Email Address of Licensed Institution:

    compliance@hycm.com
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    www.hycm.co.uk
  • Expiration Time:

    --
  • Address of Licensed Institution:

    St Clement’s House 27-28 Clement’s Lane London EC4N 7AEE C 4 N 7 A E UNITED KINGDOM
  • Phone Number of Licensed Institution:

    +442039067347
  • Licensed Institution Certified Documents:

11 name

Is HYCM a scam, or is it legit?

The latest exposure and evaluation content of HYCM brokers.

Hycm company is a big scammer,
Hycm company is a big scammer, they say they will send my withdrawal within 10 days, they cannot take the risk of a $ 200 investment, they do not send the withdrawal. Can't send 1000 dollars money Customer representative Ahmed asked me to lose the money
RHB platform denis withdrawal
The salesman of the RHB Hong Kong Branch saw that I had a profit and wanted to withdraw money, so he said that I would submit a sum of 1.5000, and it would arrive in the account within 3 working days. After the account was received, I could submit the next withdrawal, only a sum of 5000. 2. Later I found out The salesman said that the orders I made were scalping orders, and those that were operated within half an hour were all ultra-short-term orders. If there were too many ultra-short-term orders, the account would be turned into an illegal account, and I had to continue to operate. It is only possible to dilute the head stripping order, and no money is given. 3. In the end, if you say no profit, you can let me pay the principal. 4. During the period, the transaction is delayed for 10-15 seconds and no operation is allowed, saying that there is a network problem
I requested withdrawal yesterd
I requested withdrawal yesterday and they said within 24 hours it will complete and you fund will be withdraw and today is Friday and they said your withdrawal will be complete in monday the withdrawal process in HYCM broker are so slow and bad .
The leverage ratio is displayed as 1:100, but it is actually 1:200 during the settlement
Hello! My trading account number is 21000xxxx. I want to complain that their platform deceives customers. The registered account chooses the leverage ratio of 1:100, but recently found that the leverage ratio is 1:200 during settlement, which is consistent with the leverage ratio displayed on the mt4 operating platform. , which obviously deceived customers, which led to amplifying our investment risk. Recently, we tried to communicate with other trading platforms and communicated with our peers to find this problem. As shown in the following recent transaction documents: The evidence shows that my risk has been doubled. If According to the ratio of 1:100, the loss is half of the current one. According to their customer service communication record, it should be 1:100. The situation table that has been published on the official website is 1:100, but it is actually 1:200 as the settlement price, so it is required to deal with and correct the historical problems in the account and restore it. loss. And so on, all the Nasdaqs that have been traded in the account have this problem, and the loss is required to be recovered!
Broker closes accounts without warning
HYCMhas locked my account without deducting all my money. don't pay me. broker is scam
HYCM does not allow to withdraw after earning profit. The customer service does not respond and delete the accoumt
Do not allow to withdraw after earning profit and shut down the backstage. The customer service does not respond and delete the data from the account. Fraud platform. They also deduct couple hundreds from principle.
unable to withdraw my money
unable to withdraw my money from last year up until now they say I must pay another money before I can get my profit
Fraud platform
It required many materials such as work certificate and income certificate. And it blocked the account with many excuses.
HYCM's latest industry rating score is 7.46, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. HYCM If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.