FCA warns against hycmarket.com (Clone of FCA Authorised Firm)
hycmarket.com (Clone of FCA Authorised Firm) is not authorised or registered by the FCA. According to the FCA this firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm.
Unauthorized firm details - hycmarket.com (Clone of FCA Authorised Firm)
Firm Name: HYCM CAPITAL MARKETS (UK) LIMITED Firm Reference Number: 186171 Address: St Clement’s House 27-28 Clement’s Lane
London, EC4N 7AE, UNITED KINGDOM Telephone: +442039067347 Email: roger.bach@uk.henyep.com Website:www.hycm.co.uk
How To Protect Yourself From Scams
Brokerswatch recommends investing only with brokers that are regulated by reputable authority.
Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.