Is HYCM a Scam? Regulation Check 2026
We checked HYCM's licence in the official CySEC register. Here is what the public records say.
Verdict
HYCM is NOT a scam. It holds CySEC licence 259/14, authorising it to offer trading services in Croatia.
How to verify on the official register
| Regulator | CySEC CySEC Cyprus Securities and Exchange Commission (CySEC) |
| Licence Number | 259/14 |
| Regulated Entity | Henyep Capital Markets (Europe) Ltd |
| Founded | 1977 |
What CySEC regulation means
CySEC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with CySEC directly.
What CySEC regulation means for your money
- Client funds held in segregated bank accounts, separate from HYCM's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with CySEC if HYCM fails to resolve your issue
- HYCM submits to regular independent financial audits under CySEC oversight
Frequently Asked Questions
Is HYCM a scam or legitimate?
HYCM is NOT a scam. It holds CySEC licence number 259/14. CySEC is one of the world's most respected financial regulators. The licence is publicly verifiable in the CySEC official register.
How do I check HYCM's CySEC licence?
Go to the official CySEC website and use the public register search. Search for licence number 259/14 or the entity name. The record will confirm HYCM's authorisation status and the scope of its permissions.
Are my funds safe with HYCM?
As an CySEC-regulated broker, HYCM must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if HYCM encounters financial difficulties.
What protection do I have as a HYCM client in Croatia?
In Croatia, HYCM operates under CySEC supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with CySEC.
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