HYCM Capital Markets has been flagged by multiple international financial regulators including the Dutch AFM, Belgian FSMA, Malaysian SC, and Ukrainian NSSMC for unauthorized financial services solicitation and dubious investment practices. The firm's CySEC Cyprus license was voluntarily renounced in 2014, meaning it no longer operates under active regulatory oversight. Investors are strongly advised to avoid this entity.
HYCM Capital Markets is a financial services firm that has attracted significant regulatory attention across multiple jurisdictions. Operating through websites including https://hycmcapitalmarkets.com/, the firm has been subjected to formal warnings and restrictions by leading financial authorities worldwide.
Netherlands (AFM): HYCM Capital Markets appears on the Dutch Authority for the Financial Markets official warnings list. The AFM has classified the firm under foreign regulatory authority alerts, noting it among dubious investment proposals with instructions for Dutch consumers to verify warning details.
Belgium (FSMA): The Financial Services and Markets Authority flagged HYCM for illegal solicitation of savings from the public on March 17, 2025. This warning indicates unauthorized financial services solicitation that violates ESMA-Pol framework requirements.
Malaysia (SC): The Securities Commission Malaysia added HYCM to its official Investor Alert List on February 23, 2021, classifying the company as unauthorized and unlicensed to conduct financial services. SC directives explicitly recommend investor verification before engagement.
Ukraine (NSSMC): The National Securities and Stock Market Commission registered HYCM on its dubious investment projects register, identifying characteristics consistent with unethical fund solicitation practices.
Cyprus (CySEC) - Former Status: While CySEC previously issued License 259/14, the firm's authorization was voluntarily renounced effective November 26, 2014. This means HYCM has not operated under active CySEC regulation for over a decade. Previously authorized domains (www.hycm.eu, www.henyep.com) no longer represent approved services.
HYCM Capital Markets presents significant investment risks. With warnings from four major regulatory bodies, no active license, and a history of unauthorized solicitation, the firm should be considered high-risk. Investors should avoid engaging with this entity and seek licensed, properly regulated alternatives for financial services.
The AFM (Dutch Authority for the Financial Markets) has published an official warning against HYCM CAPITAL MARKETS dated March 25, 2025. The warning is categorized under foreign regulatory authority alerts, indicating that a foreign regulator (referenced via CNMV Spain) has issued a warning about this entity. This page confirms HYCM is flagged as a suspicious or unauthorized operation within the AFM's warning system.
The FSMA webpage lists HYCM CAPITAL MARKETS as subject to an official warning issued by Spain's financial regulator (CNMV) on 17 March 2025. The entity is included in the ESMA-Pol archive of warnings regarding illegal soliciting of savings from the public. This constitutes a formal regulatory alert against the firm.
HYCM appears on the official NSSMC list of dubious investment projects without exclusion status. The Ukrainian regulator maintains this comprehensive list to alert investors about firms exhibiting indicators of dubiousness and/or unethical solicitation practices. Unlike some projects that were removed by court decision or licensing approval, HYCM remains on the active warning list as of the page content provided.
The Securities Commission Malaysia (SC) officially listed HYCM on its Investor Alert List as of 23 February 2021. This designation indicates HYCM is an unauthorised entity operating without proper regulatory approval in Malaysia. The SC explicitly warns investors to exercise caution and avoid conducting business with HYCM before making investment decisions.
HYCM (Europe) Ltd is listed on the CySEC registry as a former investment firm under the category 'Former Investment Firms (Cypriot)'. The company voluntarily renounced its license (259/14) on 26/11/2014. While no active scam alert or warning is present, the voluntary renunciation indicates the firm is no longer regulated or authorized by CySEC to provide investment services.
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