Exclusive: HYCM Secures CySEC License, Augmenting European Footprint

[kreslik.news]

HYCM, a provider of online foreign exchange (FX) and contracts-for-difference (CFDs) services, formally known as HY Markets, has had its Cyprus-based entity secure CySEC regulatory status, part of the group’s efforts to position itself in a new market bloc.

Presently, HYCM is an FCA-regulated provider of capital markets trading – its Cyprus-based entity HYCM Europe is now fully licensed and regulated by CySEC, which helps the group move forward with a broader European strategy and bid to increase its market penetration on the continent.


The new license with CySEC is important for HYCM, which can now expand its ... (read more)