HYCM licence record
Is HYCM regulated by the CIMA?
Yes, according to our records. HYCM is matched to a licence from the Cayman Islands Monetary Authority (Cayman Islands). Confirm it on the register before relying on it.
What the CIMA licence means
According to our records, HYCM holds a licence from the Cayman Islands Monetary Authority (CIMA), the financial regulator for Cayman Islands. We classify the CIMA as tier 3 — moderate regulation. Established offshore or emerging-market regulators with capital and reporting requirements but limited retail protection.
For HYCM clients whose account is held by its CIMA-regulated entity, the key protections are: compensation — No compensation scheme; retail leverage — No statutory cap; negative balance protection — not a regulatory requirement (may be offered contractually); client money — Securities Investment Business Law requirements. Disputes can be taken to CIMA.
HYCM is also matched to licences from FCA, CySEC and DFSA. FCA, CySEC and DFSA are rated higher than the CIMA in our methodology, so if you are eligible for those entities you may get stronger protection.
Protection at a glance
- Regulator tier
- Tier 3 — Moderate regulation
- Compensation scheme
- No compensation scheme
- Retail leverage
- No statutory cap
- Negative balance protection
- Not a regulatory requirement
- Client money
- Securities Investment Business Law requirements
- Complaints
- CIMA
How to verify this licence
- Open HYCM's client agreement or website footer and note the exact company name and CIMA licence number.
- Search that name or number on the official CIMA register. Check the status is current, not cancelled or suspended.
- Confirm the website domain you're using (hycm.com) is the one listed on the register — clone firms copy genuine licence numbers.
- Search the CIMA warnings page and IOSCO I-SCAN for the brand name.
HYCM's other licences
Frequently asked questions
Is HYCM regulated by the CIMA?
Our database records HYCM as holding a licence from the Cayman Islands Monetary Authority. Confirm the current status on the CIMA register: https://www.cima.ky/search-entities-cima
Does the CIMA licence protect all HYCM clients?
No. It protects clients whose account is with the specific HYCM company licensed by the CIMA. Clients onboarded to a different group entity are covered by that entity's regulator instead.
Is there a compensation scheme for HYCM clients under the CIMA?
No compensation scheme
What leverage can HYCM offer under the CIMA?
No statutory cap