MetaTrader 5 is becoming the dominant trading platform as MetaQuotes phases out MT4 licenses. For bonus traders, this shift means more brokers are channeling their bonus programs toward MT5, and some newer brokers only support MT5. Knowing which MT5 brokers offer bonuses — and which ones are worth your time — is increasingly important.
MT5 Bonus Landscape in 2026
The migration from MT4 to MT5 is accelerating. MetaQuotes stopped issuing new MT4 server licenses in 2024, meaning all new brokers must use MT5. Established brokers still maintain MT4 but are investing primarily in MT5 development. For bonus traders, this means:
- All major bonus brokers now support MT5
- Some newer brokers offer bonuses exclusively on MT5
- MT5-specific features (more timeframes, economic calendar, depth of market) are available for bonus trading
- The MQL5 ecosystem for custom indicators and EAs is growing rapidly
Why Choose MT5 for Bonus Trading
MT5 offers several advantages over MT4 that benefit bonus traders specifically:
- 21 timeframes (vs MT4's 9): More granular analysis helps identify better entries on small bonus accounts
- Built-in economic calendar: No need for external tools — crucial for avoiding news events that could wipe a small bonus account
- 38 built-in indicators: More tools for analysis without installing custom indicators
- 6 pending order types (vs MT4's 4): Including Buy Stop Limit and Sell Stop Limit for more precise entry strategies
- Depth of Market: See real liquidity at each price level — useful for understanding execution quality
- Faster backtesting: Multi-threaded strategy tester lets you validate approaches before risking bonus funds
Complete MT5 Bonus Broker List — 2026
| Broker | No Deposit Bonus | Deposit Bonus | MT5 Supported | Regulation |
|---|---|---|---|---|
| XM | $30 | 50% (up to $250) | Full support | CySEC, ASIC, DFSA |
| Tickmill | $30 | — | Full support | FCA, CySEC, FSCA |
| FBS | $140 | 100% | Full support | CySEC, ASIC |
| HFM | — | 100% Supercharged | Full support | CySEC, FCA, DFSA |
| RoboForex | $30 | 60% | Full support | IFSC |
| IronFX | — | 100% Unlimited | Partial | CySEC, FCA |
| JustMarkets | $30 | Various | Full support | FSA |
XM on MT5 — Best MT5 Bonus Overall
XM fully supports MT5 across all account types, including bonus accounts. The $30 no deposit bonus and 50% deposit bonus work identically on MT5 as they do on MT4 — same terms, same conditions, same withdrawal process.
XM's MT5 implementation includes:
- Full access to 1,000+ instruments (forex, stocks, indices, metals, energies, crypto CFDs)
- MT5 desktop, web, and mobile apps
- One-click trading and chart trading enabled
- XM's proprietary indicators available for MT5
- VPS hosting available for automated MT5 trading
Trade on MetaTrader 5 with $30 in free credit. Full platform features, no time limit, easy requirements.
Tickmill on MT5
Tickmill's $30 Welcome Account is available on MT5. The broker is known for excellent execution quality, and their MT5 implementation maintains that standard. FCA regulation adds confidence. The 5 standard lot requirement within 60 days is harder than XM, but the trading experience on Tickmill MT5 is excellent.
FBS on MT5
FBS supports MT5 for both its $140 no deposit bonus and 100% deposit bonus. The MT5 app from FBS is popular among mobile traders, with a clean interface and fast execution. The 40 standard lot requirement for the $140 bonus remains challenging regardless of platform.
HFM on MT5
HFM's Supercharged bonus program (100% deposit match + $2/lot cashback) is available on MT5. HFM also offers a dedicated MT5 app with proprietary features including custom indicators and trading signals. For deposit bonus seekers, HFM on MT5 offers the best combination of bonus value and cashback.
RoboForex on MT5
RoboForex supports MT5 alongside MT4 and cTrader. The welcome bonus is available on MT5 accounts. RoboForex's MT5 offering includes access to their R StocksTrader instrument selection — over 12,000 assets including individual stocks.
MT5 Features That Specifically Help Bonus Trading
Economic Calendar
MT5's built-in economic calendar shows upcoming news events directly on the platform. For bonus traders with small accounts, avoiding high-impact news events is critical — a single NFP or CPI release can wipe a $30 account. Having the calendar integrated means you never miss a warning.
Strategy Tester
MT5's multi-threaded strategy tester is dramatically faster than MT4's. Before risking your bonus on a strategy, backtest it properly. MT5 can test years of data in minutes, helping you validate your approach before going live.
Depth of Market
See the actual bid/ask depth at your broker. This helps you understand potential slippage and execution quality — important when every dollar matters on a small bonus account.
Our Top MT5 Bonus Picks
- XM $30 no deposit: Best overall MT5 bonus. Easiest terms, full platform features, no time limit.
- HFM Supercharged: Best MT5 deposit bonus. 100% match + $2/lot cashback.
- Tickmill $30 welcome: Best MT5 execution quality. FCA regulated.
For traders who want the best MT5 experience without bonus restrictions, Exness offers MT5 with 0.0 pip spreads and instant withdrawals. The premium MT5 trading experience.
Frequently Asked Questions
Which MT5 brokers offer no deposit bonuses?
XM, Tickmill, and FBS all offer no deposit bonuses on MT5 accounts. XM provides $30 with no time limit, Tickmill offers $30 with a 60-day window, and FBS gives $140 with a 40-day deadline. All three support full MT5 functionality for bonus accounts.
Is MT5 better than MT4 for bonus trading?
MT5 offers more timeframes, order types, and built-in indicators than MT4. For bonus trading specifically, the differences are minor. However, MT5 is the future — MetaQuotes stopped issuing new MT4 licenses. Choosing MT5 now ensures long-term platform availability.
Can I transfer my MT4 EAs to MT5?
MT4 Expert Advisors cannot run directly on MT5 because the programming languages differ (MQL4 vs MQL5). You would need to rewrite or convert your EAs. Some conversion tools exist but manual review is recommended to ensure accuracy.
Do MT5 bonus accounts support hedging?
Yes, all major MT5 brokers now support hedging mode, allowing simultaneous buy and sell positions on the same instrument. This was not available when MT5 first launched but was added in later updates. XM, FBS, and Tickmill all offer hedging on MT5.
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.