MetaTrader 5 has become the preferred platform for serious traders, but not all bonus programs support it. We identified which brokers offer their full bonus programs on MT5, including no deposit bonuses, deposit matches, and loyalty points. XM and FBS both fully support MT5 for all their promotions.
For the full ranking of all forex bonuses including no deposit and deposit offers, see our Best Forex Bonuses 2026 guide. For details on how wagering requirements work, read our XM $30 No Deposit Bonus article.
Open a new XM account and receive $30 in free trading credit. No deposit required.
Why MT5 Bonuses Are Different from MT4
MetaTrader 5 has a netting system by default, which means you can only hold one position per instrument. This changes how bonus lot requirements are calculated compared to MT4's hedging system. However, most brokers now offer MT5 hedging mode, which allows multiple positions like MT4. When claiming a bonus on MT5, verify which mode your account uses — it affects your trading strategy for clearing lots.
MT5 Hedging vs. Netting and Bonus Implications
| Feature | MT5 Netting | MT5 Hedging | Impact on Bonus |
|---|---|---|---|
| Positions per symbol | One aggregate | Multiple allowed | Hedging mode counts each trade separately for lot requirements |
| Lot counting | Net volume only | Each open/close counts | Easier to accumulate lots in hedging mode |
| Available at XM | No | Yes (default) | XM always uses hedging on MT5 |
| Available at Exness | Yes | Yes (choose at setup) | Select hedging when opening account if claiming bonus elsewhere |
Top MT5 Brokers with Active Bonuses in 2026
XM Group — Best MT5 Bonus Package
XM offers their full bonus suite on MT5 accounts: $30 no-deposit bonus on new accounts plus up to $5,000 in deposit bonuses. The MT5 platform at XM includes all 1,000+ instruments, one-click trading, and the built-in economic calendar. Lot requirements apply equally to MT4 and MT5 accounts. Mobile MT5 app available for iOS and Android with full bonus tracking in the member area.
FBS — 100% Deposit Bonus on MT5
FBS extends their 100% deposit bonus to MT5 accounts. Maximum $10,000 bonus with 1 lot per $1 clearing requirement within 30 days. FBS MT5 includes their proprietary copy trading system. One unique feature: FBS allows bonus funds to absorb losses, meaning a losing trade uses bonus capital before your deposited funds.
HotForex (HFM) — Supercharged Bonus on MT5
HFM offers the Supercharged bonus on MT5 with 100% match up to $50,000. Additionally, each standard lot traded earns $2 cashback. MT5 on HFM includes the full range of 1,200+ instruments including stocks, ETFs, and bonds alongside forex and CFDs.
MT5-Specific Features That Affect Bonus Trading
Depth of Market (DOM): MT5's Level 2 pricing shows actual liquidity at each price level. This is critical for large lot sizes when clearing bonus requirements — you can see exactly how much volume is available before your order moves the price.
Economic Calendar Integration: MT5 has a built-in economic calendar directly in the platform. News trading around major releases is one of the most efficient ways to accumulate lots for bonus clearing, since volatility creates natural trading opportunities.
Multi-Currency Backtesting: MT5's strategy tester supports multi-pair and multi-timeframe backtesting. Use this to validate your bonus-clearing strategy before going live.
38 Technical Indicators: MT5 includes 38 built-in indicators versus MT4's 30, plus the ability to use unlimited custom indicators. More analysis tools help identify higher-probability trades during the bonus clearing period.
Strategy for Clearing MT5 Bonus Lots Efficiently
The most efficient approach to clearing bonus lots without forcing trades:
- Trade your normal strategy. Never change your approach just to clear lots faster. Forced trades lead to losses that exceed the bonus value.
- Use major pairs. EUR/USD, GBP/USD, and USD/JPY have the lowest spreads, meaning each lot costs less to execute.
- Trade during high-liquidity sessions. London and New York sessions have tighter spreads than Asian session. This reduces your cost per lot.
- Monitor your progress. XM shows bonus progress in the member area. FBS shows it in the personal area dashboard. Track lots traded vs. lots required weekly.
- Do not hedge to inflate lot count. Most brokers specifically exclude hedged positions from lot counting. Opening and immediately closing an opposite position wastes money on spread.
MT5 Mobile App and Bonus Management
MT5 mobile apps on iOS and Android support full trading functionality. You can monitor positions, place orders, and use technical analysis on the go. However, bonus status and lot tracking are typically available only through the broker's web portal or member area, not within MT5 itself. Bookmark your broker's client portal on your phone for quick access to bonus progress.
Frequently Asked Questions
XM offers the best overall forex bonus package in 2026, combining a $30 no deposit bonus with a tiered deposit bonus up to $5,000. For traders who prefer tight spreads over bonuses, Exness provides industry-leading conditions with no promotional offers needed.
Yes, if the terms are fair and the broker is regulated. No deposit bonuses are always worth claiming because they are completely risk-free. Deposit bonuses add value if the wagering requirements are achievable within your normal trading volume.
In most cases, no. Forex bonuses typically cannot be withdrawn directly. You can withdraw the profits earned from trading with the bonus capital, subject to meeting lot requirements and other conditions specified in the broker's terms.
Trading forex and CFDs involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. You should not invest money that you cannot afford to lose. BonusForex100 contains affiliate links — we may earn a commission at no extra cost to you.