How to open HYCM's Bonus Account? | Type of Promotions, Accounts and Platforms

HYCM

An award-winning international broker, HYCM stands out for the high quality of service offered, allowing traders access to an environment suitable for any level of experience and rich in state-of-the-art tools. HYCM bases its operations on a concept considered fundamental by traders: reliability. Indeed, as a broker strictly regulated by multiple oversight bodies, it offers trading with the highest standards of safety, including features and rules for the protection of the client, their operations, and the funds deposited.

The broker allows trading on a wide range of instruments (including forex, CFDs on stocks, indices, commodities, energy, and cryptocurrencies), with extremely advantageous trading conditions that include spreads (both fixed and variable) starting from 0.1 pip and commissions starting from zero.

Among the main features of the broker we can distinguish:

Regulated.

UK FCA, Dubai DFSA, CySEC in Europe, CIMA.

State-of-the-art platforms.

The broker offers software among the best in the world for trading, popular and efficient trading platforms, for easy but high-performance trading: MT4, MT5, HYCM Trader app.

Excellent trading conditions.

Flexible costs for trading, the client may opt for fixed or variable spreads based on their modus operandi and also choose to plan their investments with fixed costs or zero commissions.

Security.

Negative balance protection, client funds segregated in accounts at top-tier banks, and extreme accuracy in the handling of sensitive data.

Available accounts.

The accounts offered for trading have been carefully created to allow traders of any level to find the right solution for their needs. By selecting the compatible account, the trader will be able to invest to their fullest potential and gain the maximum benefit from any operation.

Advantageous promotions.

Periodically, the broker proposes interesting promotional initiatives to its clients with the aim of benefiting them and spurring them on in creating ever more effective strategies.

Promotional Initiatives Offered

As mentioned earlier, the broker periodically launches extremely advantageous promotional initiatives. Bonuses, discounts, and exclusive services, created with the objective of allowing the trader to increase their investments and diversify their portfolio optimally. Among the offered promotions, the most appreciated and popular are the following:

• 10% bonus on the first deposit.
• 20% deposit bonus.
• Birthday bonus.

Visit the official HYCM website

10% First Deposit Bonus

Promotion created exclusively to encourage new traders to open a new account, the 10% First Deposit Bonus allows the trader to receive extra funds equal to 10% of the first deposit made, up to a maximum of $5000.

To access the initiative, the trader must open a new account and verify it by proving their real identity and country of origin. To activate the promotion, simply make a deposit of more than $100, using the most suitable payment method for their needs. The broker will automatically credit the participant’s account with an extra fund equal to 10% of the deposit made.

The extra funds cannot be withdrawn in any case. Any profits can be withdrawn at any time. The promotion is subject to expiration and includes usage conditions: The trader must trade a minimum of 30 standard lots for every $1000 of extra funds within 60 days. If the terms are not met, the broker will completely cancel the promotion from the participant’s account.

Useful Information on the Promo

Below, a summary of the main information to know in order to access the promo and properly use the extra funds received.

• The bonus cannot be withdrawn. In case the trader withdraws funds from their account during the promotional period, the extra funds will be deducted proportionally based on the amount withdrawn: Credits removed = ratio x total credits – Ratio = Total withdrawals / Total deposits.
• Any profits generated can be withdrawn at any time.
• The promo is available only to clients registered with HYCM Ltd (CIMA). Traders residing in countries with other regulations may not be eligible for the offer.
• Detailed terms and conditions on the promo are not present on the official website. Therefore, the client will need to contact the support team for more information.
• The promo is compatible with other offers available with the broker.
• All investment strategies and solutions are allowed.

To participate in the promo, simply follow these very simple steps:

1. Access the official website and register to open a new account.
2. Verify the provided data.
3. Make a deposit starting from $100.
4. The promo will be activated automatically.

Request the 10% First Deposit Bonus HYCM

$20 Mobile Verification Bonus

An innovative promo created to encourage traders to verify their newly opened account, the “$20 Mobile Verification Bonus” allows the client to receive a $20 incentive to use in trading.

The interested client must simply:

1. Verify their account by sending photos of an identification document and a utility bill containing the participant’s full address
2. Verify the phone number previously entered in the registration form with access to their client portal.
3. Deposit a minimum of $100 to receive the $20 bonus.

Terms and Conditions of the Bonus

The promo involves regulations to be carefully read and accepted. Below, some of the most important information to know:

• The promo is available to all new clients who verify their account and phone number by entering the code received via SMS.
• Each trader will have the opportunity to register by accessing their account, clicking on the “promotions” icon, and selecting the $20 Mobile Verification Bonus.
• Once all conditions are met, the bonus will be automatically credited.
• Each trader will have the opportunity to access the promo once and on a single account.

Request the $20 Mobile Verification Bonus HYCM

50% Birthday Bonus

An unusual yet very interesting promotional initiative, the 50% Birthday Bonus is a promo created to celebrate the creation of the broker and the excellent service performed. The initiative offers new and existing clients a bonus equal to 50% of the funds deposited up to a maximum of 500 dollars. The bonus does not require registration, to activate the promo the client will simply have to make a deposit. The funds will be granted as credit, the client can use them in trading but cannot withdraw them. The Bonus will be active for a limited time, the trader can take advantage of it for a period of 7 days, immediately after receiving the email of successful activation of the promo. Any profits can be withdrawn at any time.

Useful Information

Like any other promo offered by the broker, the 50% Birthday Bonus has a regulation to be known and accepted. Below, a list of useful information to know to participate in the initiative.

• The promo is not available for traders residing in Europe and the United Kingdom.
• The promo will be valid for a limited time. The bonus will only be available for a period of 7 days.
• By activating the promo, each trader will be able to receive a maximum extra funds equal to $500. For example: the client deposits $500 and receives $250 of extra funds – By making a deposit of $2000, the trader will receive the maximum amount available equal to $500.
• The extra funds will be available for a reasonable period of time, the trader can use them for trading until the cancellation. The bonus cannot be withdrawn.

Access the 50% Birthday Bonus HYCM

Available Accounts

All the promos just described, can be activated on all types of accounts offered by the broker. The list of available accounts has been elaborated to allow traders of any level of experience, risk propensity, and investment volume, to invest to the best of their abilities and gain the maximum benefit from the operations performed. The client can select the account with the characteristics most suitable to their modus operandi, consulting the list of available accounts present in the dedicated section. An important detail that characterizes all accounts concerns the minimum deposit for activation, in fact, each available account requires a minimum deposit of only $20. Each client will have the freedom to choose how and when to deposit the funds necessary for their operations.

In case the trader wants to test the offered environment without risking funds, they can opt for opening a demo version of the chosen account and start investing virtual funds at zero cost and without risks.

The offered accounts are:

• Fixed Account.
• Classic Account.
• Raw Account.

It is important to specify that the characteristics of each account vary (or may vary) also based on the type of platform used for trading: MT4 – MT5 – HYCM Trader.

Open a real account with HYCM

Fixed Account

Suitable for professional traders with high investment volumes who need particular conditions and services to create their own investment strategies, the Fixed account offers high-performance solutions, with fixed spreads starting from 1.5 pip, zero trading commissions, and lightning-fast execution.

Open a real Fixed HYCM account

Classic Account

A type of account created to meet the trading needs of any level of experience. Experienced traders and newcomers can interact in the markets with ease, leveraging trading conditions and flexible features for moderate-risk trading. The account offers variable spreads starting from 1.2 pip and no commission for trading.

Open a real Classic HYCM account

Raw Account

A great choice for novice traders, the RAW account offers low-risk trading and supported accounts. Small trading commissions and reduced spreads to a minimum, will allow the trader to create trading strategies with excellent risk management and using small amounts of capital.

Open a real Raw HYCM account

How to Open a New Account with HYCM

Traders intending to start investing with the broker can open an account quickly and without difficulty. The trader will be able to register by entering the necessary information, choosing the suitable account for their needs, verifying the provided data, and making a deposit in just a few minutes.

To open a new account, simply follow these simple steps:

First Step

To begin, the trader must visit the official website and access the registration page by clicking on the “Open an account” icon, visible at the top right of the screen. On the new page, fill in the first form by entering first name, last name, valid email, and phone number, country, city, address, postal code. Set a valid password and click on “Next”.

Second Step

In this step, the trader will need to provide information regarding their financial situation, occupation, annual income, origin, and estimated amount of funds to invest, trading experience, risk propensity, trading preferences.

Final Step

To successfully complete the registration process, the new client will need to verify the provided data to prove their real identity and country of origin. To proceed, they will need to send clear front and back photos of a valid identification document (ID card, driver’s license, passport) and a recent utility bill (for example, electricity, gas, or internet) with the full address of the account holder. If suitable, the client can select the appropriate account, the platform to use, and make a deposit to start investing.

Open a real HYCM account