Finance Magnates has discovered that the foreign exchange and CFD
buying and selling platform HYCM (Europe) is voluntarily renouncing its CIF License. In a
assertion printed on its web site, the corporate talked about it can not
settle for new purchasers or open new accounts for EU-based people.
Moreover, the corporate is within the means of
terminating all present EU-based purchasers and making certain they’re knowledgeable about
the procedures for the return of their funds. Nonetheless, the agency has not
offered particular particulars relating to the explanations for this determination.
HYCM Europe wrote: “We wish to inform you
that HYCM (Europe) Restricted (the Firm), hereby notifies you that’s within the
means of voluntarily renouncing its CIF License with authorization quantity
259/14.”
“Due to this fact, the Firm will not settle for any
new EU-based purchasers and/or the opening of any new EU-based accounts whereas it
is within the means of terminating all its present EU-based purchasers and
informing them in regards to the process that must be adopted for his or her fund’s
return.”
Supply: HYCM
The brokerage agency has directed purchasers in search of clarification to compliance@hycm.com and people with complaints to ship their
emails to complaints@hycm.com. Finance Magnates contacted HYCM for feedback and can replace this text as soon as we get their suggestions.
Count on ongoing updates as this story evolves.
Finance Magnates has discovered that the foreign exchange and CFD
buying and selling platform HYCM (Europe) is voluntarily renouncing its CIF License. In a
assertion printed on its web site, the corporate talked about it can not
settle for new purchasers or open new accounts for EU-based people.
Moreover, the corporate is within the means of
terminating all present EU-based purchasers and making certain they’re knowledgeable about
the procedures for the return of their funds. Nonetheless, the agency has not
offered particular particulars relating to the explanations for this determination.
HYCM Europe wrote: “We wish to inform you
that HYCM (Europe) Restricted (the Firm), hereby notifies you that’s within the
means of voluntarily renouncing its CIF License with authorization quantity
259/14.”
“Due to this fact, the Firm will not settle for any
new EU-based purchasers and/or the opening of any new EU-based accounts whereas it
is within the means of terminating all its present EU-based purchasers and
informing them in regards to the process that must be adopted for his or her fund’s
return.”
Supply: HYCM
The brokerage agency has directed purchasers in search of clarification to compliance@hycm.com and people with complaints to ship their
emails to complaints@hycm.com. Finance Magnates contacted HYCM for feedback and can replace this text as soon as we get their suggestions.
Count on ongoing updates as this story evolves.
