You can perform a search directly at the government’s authority site at which the broker claims to be regulated with. Below are a list of government authority sites that you can use to perform a search to make sure that the broker that you are using or going to use is safe and regulated as what they claims to be.
HYCM is authorised and regulated by the UK’s Financial Conduct Authority (FCA), company reference number 186171. View their licence here.
HYCM (Europe) Ltd is authorized and regulated under the Cyprus Securities and Exchange Commission under license number 259/14.
HYCM Ltd is authorized and regulated under the Cayman Islands Monetary Authority under reference number 1442313.
MetaTrader 4 & MetaTrader 5
MetaTrader offers many opportunities to traders of all skill levels and mobile trading applications. It also offers additional timeframes and services.
Documents to prepare before opening HYCM live account:
Copy of passport or National ID card
Proof of address a) Bank statement b) utility bill issued within the last 3 months
A photocopy of the front of your card is required if used to make the initial deposit
HYCM processes your withdrawal request within 1 business day, withdrawals can take 3 to 7 days to reach your account depending on your bank or credit card company.
HYCM offers a 10% Credit Bonus on every deposit you make over $100. Maximum bonus awarded under this promotion is US$5,000. This offer is only applicable to clients of HYCM Limited, regulated by the Cayman Islands Monetary Authority.
*No bonus offerings under Henyep Capital Markets (UK) Limited and HYCM (Europe) Limited.