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Is HYCM legit
Peter Lynch
Sweden
Oct 08, 2023
ANSWER Yes, HYCM is legitimate.HYCM is an established brand and is regulated by several authorities, including:1) the Financial Conduct Authority (FCA) with FRN 186171;2) the Cyprus Securities and Exchange Commission (CySEC) with license number 259/14;3) the Cayman Islands Monetary Authority (CIMA) with RN 1442313;4) the Dubai Financial Services Authority (DFSA) with RN F000048;5) registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) with Reg number 25228 BC 2018.While HYCM has obtained multiple licenses, it is crucial to note that it has drawn a warning from the Securities Commission Malaysia (SC) for carrying on unregulated activities. Therefore, it's important to do thorough research and consider multiple sources before making a decision. Please note that investing in financial markets always carries risk, and you should only invest what you can afford to lose.
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what is hycm
George Michael
Latvia
Sep 22, 2023
ANSWER HYCM, is a provider of Forex and Contracts for Difference (CFD). The company has been a part of the investment industry since 1977. HYCM offers a broad spectrum of currency pairs for trading, with a maximum leverage ratio of 1:500. In addition to currency pairs, the company also facilitates trading in stocks, indices, cryptocurrencies, and commodities.HYCM provides various account types to suit various trading styles, including Fixed, Classic, and Raw. It works with MT4&5. To enhance the trading knowledge of its clients, HYCM provides educational resources.HYCM's customer service is accessible through various communication channels, including email and telephone. The response time on their live chat is usually quite fast, with someone typically available to assist within a minute.It is important to note that trading carries inherent risks and may not be suitable for everyone. Therefore, potential investors are advised to conduct thorough research before making any investment decisions. To get more information about HYCM, please refer to our HYCM review.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.