FCAUnited KingdomTier 1Licence number
186171
View licence record- Licence holder
- Held by HYCM
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for HYCM
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 0
HYCM has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for HYCM, strongest authority first.
2 records
- FCAUnited KingdomTier 1
DFSAUnited Arab EmiratesTier 2Licence number
No number recorded
View licence record- Licence holder
- Held by HYCM
- Licence type and regime
- Retail Forex License
Not checkedUpdated
Protection
What this licence protects
FCA's own rules for the firms it authorises.
- Compensation schemeUp to £85000 (FSCS)
- Client money kept separate
- Negative balance protection
- Complaints routeFinancial Ombudsman Service
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by HYCM
Answered from the register entries on this page.
Most Popular Questions
Yes, HYCM does not offer services to residents of the USA, North Korea, Iran, and other sanctioned countries. This is in compliance with international regulations and sanctions.
HYCM offers a maximum leverage of up to 500:1. This high leverage is available to clients depending on the regulatory jurisdiction and the type of account they hold.
Yes, HYCM requires a minimum deposit of 20 USD. This applies across various funding methods including credit/debit cards and e-wallets.
HYCM supports various deposit and withdrawal methods including bank wire transfer, credit/debit cards, and e-wallets like Skrill and Neteller. Cryptocurrency deposits are also available. Processing times vary from hours for e-wallets to days for bank transfers.
HYCM offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as trading platforms. MT4 is popular for Forex and CFDs with features like advanced charting and automated trading, while MT5 supports multi-asset trading with advanced analytics and faster execution.
HYCM is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and the Dubai Financial Services Authority (DFSA) in the United Arab Emirates. The FCA provides client fund insurance up to £85,000 under the FSCS, while the DFSA ensures strict fund segregation without mandatory insurance.
HYCM has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
HYCM holds licence records issued by FCA, DFSA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by HYCM come from tier-1 or tier-2 authorities (1 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by HYCM has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
HYCM has licence records in United Kingdom, United Arab Emirates. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.