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Yes, HYCM is legitimate.
HYCM is an established brand and is regulated by several authorities, including:
1) the Financial Conduct Authority (FCA) with FRN 186171;
2) the Cyprus Securities and Exchange Commission (CySEC) with license number 259/14;
3) the Cayman Islands Monetary Authority (CIMA) with RN 1442313;
4) the Dubai Financial Services Authority (DFSA) with RN F000048;
5) registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) with Reg number 25228 BC 2018.
While HYCM has obtained multiple licenses, it is crucial to note that it has drawn a warning from the Securities Commission Malaysia (SC) for carrying on unregulated activities.
Therefore, it's important to do thorough research and consider multiple sources before making a decision. Please note that investing in financial markets always carries risk, and you should only invest what you can afford to lose.
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