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Brokers · Bonuses
Best MT4 Brokers With a Bonus
If you want a forex broker bonus on MetaTrader 4, the best one is from a broker you'd trust without the bonus. Here are well-regulated MT4 brokers running genuine bonus programs in 2026 — with the conditions stated plainly.
A forex broker bonus — a deposit match or a small welcome credit — is a marketing tool, not free money. So the right way to pick an MT4 broker with a bonus is to ignore the bonus first: shortlist brokers that are well regulated, cheap to trade with, and reliable to withdraw from, then treat any bonus as a minor tiebreaker. The brokers below all run real, documented bonus programs on MetaTrader 4 as of June 2026, and we ranked them on regulation and reliability — not on the size of the offer. One important caveat up front: these promotions are offered only through each broker's international entity and are not available to EU, UK or Australian retail clients.
A deposit or welcome bonus is trading credit with strings attached, not cash you can withdraw. Typically you must trade a minimum volume before anything unlocks, the offer expires (often in 30–60 days), and the bonus itself usually can't be withdrawn — only profits you make while it's active. Some brokers also claw back bonus credit on a 1:1 basis when you withdraw your own deposit. Choose a broker on regulation and cost first; let a bonus be a small tiebreaker, never the reason. Trading forex/CFDs is high-risk and most retail traders lose money — a bonus does not change that.
| # | Broker | Min deposit | Platforms | Best for | Regulation | Visit broker |
|---|---|---|---|---|---|---|
| 1 | XM Best regulated pick | $5 | MT4 · MT5 | Beginners, Low deposit | CySEC, ASIC, DFSA, FSC | Visit → |
| 2 | Tickmill | $100 | MT4 · MT5 · TradingView | Low spread, Gold, No inactivity fee | FCA, CySEC, FSCA, FSA | Visit |
| 3 | HFM (HotForex) | $0 | MT4 · MT5 | Africa, MENA | CySEC, FCA, FSCA, DFSA | Visit |
| 4 | FBS | $5 | MT4 · MT5 | Asia, Africa, Low deposit | CySEC, ASIC, FSC | Visit |
| 5 | RoboForex | $10 | MT4 · MT5 · cTrader | Wide instruments, Bonuses | FSC | Visit |
Ranked on our editorial criteria — regulation, costs and reliability — not on the size of any bonus or on commercial terms. We may earn a commission if you open an account through our links, at no extra cost to you (disclosure). Bonus offers, amounts and eligibility change constantly and are region-specific — confirm the current terms on the broker's own site before depositing.
How to read a bonus offer before you trust it
- Check the withdrawal rule — most deposit bonuses can't be cashed out; only the profits you make while trading them can. Find that line in the terms.
- Find the volume requirement — bonuses usually unlock only after you trade a set number of lots. High requirements can mean over-trading just to "earn" the credit.
- Mind the time limit — many offers expire in 30–60 days. Miss it and the bonus (and sometimes the linked profit) is removed.
- Watch the 1:1 claw-back — some brokers reduce your bonus by the same amount you withdraw from your own balance, so the credit isn't really "extra".
- Confirm you're eligible — bonuses run on the offshore entity only and exclude EU/UK/AU clients and several other countries. Check the country list.
- Cost still beats bonus — a tight spread plus low commission saves you money on every trade; a one-off bonus doesn't.
Top picks — regulated brokers that happen to run a bonus
| Min deposit | $5 |
|---|---|
| Platforms | MT4, MT5 |
| Best for | Beginners, Low deposit |
| Regulation | CySEC, ASIC, DFSA, FSC |
Long-established and broadly regulated (CySEC, ASIC, DFSA), with a low entry deposit. XM runs a well-documented deposit-bonus scheme via its international entity as of June 2026 — the bonus credit isn't withdrawable, only profits are, and EU/UK clients are excluded. Confirm current terms.
| Min deposit | $100 |
|---|---|
| Platforms | MT4, MT5, TradingView |
| Best for | Low spread, Gold, No inactivity fee |
| Regulation | FCA, CySEC, FSCA, FSA |
The most strongly regulated pick here (FCA, CySEC, FSCA). Its offshore (Seychelles) entity offers a small no-deposit welcome account as of June 2026, with a strict time limit and a capped profit withdrawal — not available to EU/UK clients. Confirm current terms.
| Min deposit | $0 |
|---|---|
| Platforms | MT4, MT5 |
| Best for | Africa, MENA |
| Regulation | CySEC, FCA, FSCA, DFSA |
Broadly regulated (CySEC, FCA, FSCA) with a $0 minimum. HFM's international entity runs a long-standing deposit bonus plus a per-lot cashback as of June 2026 — note any withdrawal reduces the bonus 1:1, and EU clients are excluded. Confirm current terms.
A fourth option worth verifying is JustMarkets (CySEC, FSCA, FSA), which runs deposit-bonus and occasional limited-time welcome promotions on its international entity as of June 2026 — though, as with all of these, the offers are region-specific and time-limited, so check the client dashboard for what's actually available to you.
Every broker here offers a free MetaTrader 4 demo account with virtual funds — no deposit, no volume target, no time pressure, nothing to "unlock". It's the only truly condition-free way to test a broker's platform and spreads and to trial an EA. If your goal is to start with less risk, a demo beats a bonus. New to the platform? Start with what MT4 is and how it works.
This is a protection, not an oversight. Regulators under ESMA (EU), the FCA (UK) and ASIC (Australia) restrict or ban monetary incentives such as deposit bonuses for retail clients, because they can encourage over-trading and mask real risk. Brokers therefore offer bonuses only through their non-EU/non-UK international entities (typically regulated in Seychelles, Mauritius, Belize or similar) and exclude EU/UK/AU residents — along with several other countries. If you're a retail client in one of those regions, you should choose on cost and regulation alone, which is the better basis anyway.
The brokers above are offshore and don't accept US residents — and US-regulated brokers don't offer these bonuses. US traders must use an NFA-regulated broker such as OANDA, tastyfx, or Forex.com — see our main broker guide.
A legitimate bonus comes from a regulated broker, with the full terms published and the conditions stated openly. Be wary of any "bonus" pushed by an unregulated platform, a promise that the bonus is withdrawable as cash, or pressure to deposit quickly. Our guide to spotting MT4 broker scams covers the red flags.
Related guides
For the full field ranked on the fundamentals, see the best MT4 brokers or the best high-leverage brokers. Reviews of the brokers above: XM, Tickmill, HFM, FBS and RoboForex. Prefer to start with no conditions at all? Open an MT4 demo account. New to the platform? Read what is MT4 and learn the terms: spread and bid & ask.
We rank on regulation, cost & suitability — never on commission. How we rank.
Trading forex/CFDs is high-risk; most retail traders lose money. Not financial advice.
Want a broker you'd trust without the bonus?
XM tops this list on regulation and track record, and runs a deposit bonus via its international entity (terms and eligibility apply — EU/UK excluded). New to it? Open a free demo first and try MT4 with zero conditions.
Affiliate disclosure: we may earn a commission if you open a broker account through our links, at no extra cost to you. Learn more.
Frequently asked questions
Which MT4 brokers offer a bonus in 2026?
Among regulated MT4 brokers, XM, HFM, FBS, RoboForex and Tickmill all run promotional bonus programs as of June 2026 — typically a deposit bonus (a percentage of what you fund) or a small no-deposit welcome credit. These are offered only through the brokers' international/offshore entities, so they are not available to EU, UK or Australian retail clients. Bonus terms and availability change often, so confirm the current offer on the broker's own site before you deposit.
Is a forex deposit bonus actually free money?
No. A deposit or welcome bonus is trading credit, not cash you can withdraw. It almost always comes with conditions: a minimum trading volume you must hit before any bonus-linked funds unlock, a time limit (often 30–60 days), and the rule that the bonus itself usually can't be withdrawn — only profits made while it's active can. Some brokers also reduce the bonus on a 1:1 basis when you withdraw your own deposit. Treat a bonus as a minor tiebreaker, not a reason to choose a broker.
Why can't EU, UK or Australian traders get these bonuses?
Regulators deliberately ban them. The European regulators under ESMA, the UK's FCA and Australia's ASIC prohibit or heavily restrict monetary incentives like deposit bonuses for retail clients, because they can encourage over-trading and obscure the real risks. That's a client-protection rule working as intended. Brokers therefore offer bonuses only via their non-EU/non-UK entities (commonly regulated in Seychelles, Mauritius, Belize or similar), and exclude EU/UK/AU residents from the promotion.
Should I choose a broker because of its bonus?
No — choose on regulation, real trading costs (spread plus commission), execution and withdrawal reliability first. A bonus is worth very little if the broker is poorly regulated, expensive, or slow to pay out. Once you've shortlisted brokers that pass on the fundamentals, a genuine bonus can be a small tiebreaker — but read the volume and time conditions before you count on it.
What's a safer alternative to a deposit bonus?
A free demo account. Every broker here offers an MT4 demo with virtual funds, so you can test the platform, spreads and an EA with zero conditions, no deposit and no withdrawal hurdles — a genuinely free way to start, with none of your own money on the line, that no bonus can match. See our guide to opening an MT4 demo account first.
Trading foreign exchange and contracts for difference (CFDs) carries a high level of risk and may not be suitable for all investors. Leverage can work against you as well as for you. You could lose some or all of your deposited funds; do not trade with money you cannot afford to lose. Past performance is not indicative of future results. Nothing on MT4Download.com is financial, investment, or trading advice. Consider your circumstances and seek independent advice if needed.