HYCM-now-accepts-Cryptocurrency-deposits-with-a-2.5%-cashback HYCM-now-accepts-Cryptocurrency-deposits-with-a-2.5%-cashback

HYCM Now Accepts Cryptocurrency Payments: More Bonuses Await!

We have exciting news for HYCM’s traders who are also cryptocurrency enthusiasts.

Taking a cue from global industry leaders like Microsoft, PayPal, and Etsy, HYCM is thrilled to announce that they now accept payments in various cryptocurrencies.

You can now deposit in any of the following digital currencies:

  1. Bitcoin (BTC)
  2. Bitcoin Cash (BCH)
  3. Ethereum (ETH)
  4. Dash (DASH)
  5. Litecoin (LTC)
  6. Ripple (XRP)
  7. Dogecoin (DOGE)
  8. Tether (OMNI and ETH versions, USDT)
  9. USD Coin (ETH version, USDC)
  10. Binance Coin (BNB)
  11. Tron (TRX)

And the best part is yet to come!

Alongside HYCM’s standard 10% deposit bonus, they are offering an additional 2.5% cashback on the same deposit!* That means if you deposit $1,000 worth of your chosen cryptocurrency, you will instantly receive $25 cashback in your trading account, taking your total equity to $1125. The cherry on the top? HYCM doesn’t charge any deposit or withdrawal fees!

Being a cryptocurrency enthusiast has never been this rewarding. It’s time to whip out your Coinbase card and embark on your trading journey with the cryptocurrency of your choice!

Go to HYCM’s Official Website

Here is a simple guide on how to make a deposit using any of the cryptocurrencies mentioned above:

Log into your client portal and navigate to the deposit page. Here, select the amount you would like to deposit in USD and click on ‘Proceed to Payment’.

How to make a deposit in any of the above-listed cryptocurrencies

Choose the B2BinPAY option.

2. Select the B2BinPAY option.

This will redirect you to the cashier page where you can confirm your deposit amount.

From the dropdown list, select the cryptocurrency you wish to use for the deposit.

A wallet address will be provided for you to send your funds to. Your payment should reflect in your trading account within five minutes. It’s as simple as that!

So, what are you waiting for?


*Please note, the 2.5% cashback can be withdrawn. However, to withdraw the cashback balance, a minimum of 3.00 lots must be traded. There is a cap of $5,000 on the cashback.
Cryptocurrency trading is not available under HYCM (Europe) Ltd and HYCM Capital Markets (UK) Ltd. Be aware that crypto investments carry certain risks. Please consider these carefully before trading.

Go to HYCM’s Official Website

What is HYCM?

HYCM, formerly known as HYMarkets, is a well-respected and established Forex broker that brings to the table over 40 years of industry experience. This UK-based broker is a crucial part of the Henyep Group, an international conglomerate with business interests in a variety of sectors, including financial services, education, and real estate.

This brokerage is known for its strict adherence to regulations, making it a reliable option for traders around the world. With operational offices in key global financial hubs such as London, Limassol, Hong Kong, and Dubai, HYCM holds itself to high standards of regulatory compliance in every jurisdiction where it operates.

Traders choosing HYCM can enjoy access to an extensive range of trading instruments, backed by powerful trading capabilities and steadfast customer support.

Sign up on HYCM

What Type of Broker is HYCM?

HYCM is a global CFD and Forex broker offering more than 300 trading instruments. Traders can benefit from advantageous trading conditions, remarkable liquidity, and competitive spreads and fees.

HYCM Pros and Cons

HYCM enjoys an established reputation due to its long history in the trading industry. The broker has implemented an easy and efficient account opening process and provides a diverse set of account options. Traders using HYCM can also benefit from low costs, superior quality educational resources, and a variety of options for deposits and withdrawals.

However, there are certain limitations. The broker’s proposals vary based on the entity, customer support is not available around the clock, and the trading instruments are limited to Forex and CFDs. Furthermore, the trading platform is restricted to MetaTrader only.

Advantages include:

  • Recognition as a globally established financial institution
  • Rigorous adherence to regulations in multiple jurisdictions
  • Long history of operation and an excellent reputation
  • Forex and CFDs trading
  • High-quality Forex trading education and research
  • Competitive trading conditions

While the disadvantages are:

  • Absence of 24/7 customer support
  • Proposals varying according to the entity

Go to HYCM’s Official Website

Account Types

HYCM provides three account types: Fixed, Classic, and Raw Spread Accounts. Each has unique features suited for different trading styles. The Fixed Account utilizes a fixed spread model with slightly higher spread, meaning there are no commissions charged on trades. The Classic Account provides variable spreads, while the Raw Spread Account employs interbank spreads from 0 pips, coupled with a commission per trade. However, trading account offerings and conditions may vary according to jurisdictional regulations.

Choose your account type with HYCM

Trading Instruments

With HYCM, traders get to engage with a wide range of more than 300 different financial instruments. They offer access to Forex, metals such as gold and silver, energy products like oil and gas, commodities, indices, and stocks. Furthermore, HYCM constantly expands and updates its range of instruments, and it now offers an extensive selection of Cryptocurrencies.

Go to HYCM’s Official Website

Trading Platforms

The trading platforms provided by HYCM are MetaTrader 4 and MetaTrader 5. These platforms are well-known in the industry for their robustness, versatility, and wide range of built-in features. They provide an excellent environment for charting and analysis, automated trading through Expert Advisors, and one-click trading capabilities. Users can access these platforms on various devices, including desktops, tablets, and smartphones.

Compare HYCM’s platforms


Education is a critical factor when it comes to trading, and HYCM does a good job in this department. They provide comprehensive educational resources suitable for traders of all skill levels. Beginners can take advantage of their educational videos, e-books, and articles to learn the basics of trading, while more advanced traders can benefit from their in-depth market analysis, webinars, and seminars.

Go to HYCM’s Official Website

Customer Support

HYCM provides customer support services for five days a week. Traders can contact their support team via live chat, email, or telephone. The customer support representatives are well-trained, professional, and strive to resolve customer issues promptly. However, they do not offer 24/7 support, which is a slight drawback.

Contact HYCM’s Support Team

Deposits and Withdrawals

HYCM provides multiple options for account funding and withdrawals, including credit/debit cards, bank wire transfer, Skrill, Neteller, and UnionPay. The broker does not charge any fees for deposits or withdrawals, and the minimum deposit is just $100. This makes HYCM a highly accessible broker for traders with different budget capabilities.

Go to HYCM’s Official Website


In conclusion, HYCM has proven itself to be a reliable and well-established broker in the industry. It offers an extensive range of trading instruments, superior customer support, top-tier platforms, and an easy account setup process. Despite minor drawbacks such as lack of 24/7 customer support and the limitation to MetaTrader platforms, HYCM remains a strong choice for both beginner and experienced traders looking for a broker with a solid history and a commitment to providing a high-quality trading environment.



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