Who grants it? HYCM (formerly HY Markets) - a reliable retail forex and CFD broker. Its main headquarters are in London, and the broker also operates out of its offices in Dubai, Hong Kong, and Cyprus, and is regulated by the relevant authorities in all those countries. Besides, HYCM is a part of the Henyep Group - a global conglomerate with various business activities spanning 3 continents and 20 countries world-wide, which has more than 35 years of operational history.
Who can get it? All new real account holders who have deposited at least $500.
What’s the catch? Actually, there is no catch, just the usual requirement for making a given number of trades: a customer must trade 30 standard lots per each $1,000 trading credit awarded within 60 days of receiving the bonus.
Additional information on trading conditions: HYCM offers commission free trading, tight fixed spreads and leverage up to 1:400 on both its in-house web-based PrimeTrader and the popular MetaTrader 4.