HYCM, an FCA-regulated Forex broker has been granted CySEC licensing and regulation, expanding the company's reach throughout Europe. The brokerage also has strong operations in the UK, Hong Kong, Cyprus and Dubai.
Stavros Lambrouris, the CEO of HYCM Europe, said about the achievement that "?The CySEC authorisation marks a milestone in our history as part of our plans to expand our global operations. We now have a gateway to the European market, affirming our commitment to our European clients whilst rubber-stamping the company's position as a global leader."
Formerly known as HY Markets, HYCM is part of the Henyep Capital Markets Group. The brokerage offers a range of services for traders and has headquarters in the United Kingdom, Dubai and Kuwait. The company's proprietary Prime Trader platform offers guaranteed stop losses, integrated pricing, trade screens and technical charts that are designed to provide a comprehensive trading experience for intermediate and advanced traders.
HYCM also offers its traders access to the popular MetaTrader 4 platform for both desktop and mobile traders.