FCA Issues Warning Against Clone Firm of HYCM

The Financial Conduct Authority (FCA) Thursday issued a warning against a clone firm of Henyep Capital Markets (UK) Limited.

According to the regulator, fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:

HYCMFX (Clone of FCA authorised firm)

• Telephone: +447404134490

• Email: support@hycmfx.com

• Website: https://www.hycmfx.com/

In fact, the details pf the FCA authorised firm are as follows:

• Firm Name: Henyep Capital Markets (UK) Limited

• Firm Reference Number: 186171

• Address: 18 King William Street, London, EC4N 7BP, UNITED KINGDOM

• Telephone: +442078165902

• Email: info@hycm.com

• ​Website: www.hycm.co.uk

The FCA highlights that scammers may give out other false details or mix these with some correct details of the registered firm. They may change contact details over time to new email addresses, telephone numbers, or physical addresses.

In addition, the FCA warns that all firms and individuals carrying out financial services activities in the UK have to be authorized or registered by them. It strongly advises the public to only deal with financial firms that are authorized, and to check the Financial Services Register to avoid scams and unauthorized firms.