FCA warns against HYCMFX (Clone of FCA authorised firm)

HYCMFX (Clone of FCA authorised firm) (clone of FCA authorised firm) is not authorised or registered by the FCA. This firm has been targeting people in the UK, claiming to be an authorised firm..

Unauthorised firm - HYCMFX (Clone of FCA authorised firm)

Telephone: +447404134490

Email: [email protected]

Website: https://www.hycmfx.com/

FCA authorised firm details

Firm Name: Henyep Capital Markets (UK) Limited

Firm Reference Number: 186171

Address: 18 King William Street
London, EC4N 7BP, UNITED KINGDOM

Telephone: +442078165902

Email: [email protected]

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.