Binary Options Cashback: Smart Trading Rewards or Risky Trap?
Binary options cashback offers rebates on trading losses or volume, giving traders a chance to recover part of their investment. In 2024, it’s mainly available through offshore or unregulated brokers. Understand how these cashback programs work, the risks involved, and smarter alternatives for safer trading. Learn if binary options cashback is worth it—or just a marketing illusion.
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MetaTrader 5 (MT5) Brokers with Cashback: Full List
MetaTrader 5 (MT5) has become one of the most powerful and widely used trading platforms in the world. It supports multi-asset trading, advanced charting, and automated strategies, making it ideal for both beginners and professional traders. But beyond features and speed, many traders now seek an extra benefit: cashback on trades. In this article, we explore a full list of MT5 brokers that offer cashback, how it works, and what to watch out for in 2024.
What Is MT5 Cashback?
MT5 cashback is a rebate reward provided by brokers (or third-party partners) for executing trades through the MetaTrader 5 platform. Traders can earn back a portion of the spread or commission, regardless of whether the trade is profitable. These cashback programs are either:
- Volume-based: The more lots you trade, the more cashback you earn.
- Loss-based: Some brokers offer cashback on losing trades.
- Promotional-based: Limited-time cashback for new accounts or deposits.
Benefits of MT5 Cashback
- Lower Trading Costs – Reduces effective spreads and commissions.
- Passive Earnings – Cashback accumulates automatically per trade.
- Encourages Consistent Trading – Especially helpful for high-frequency traders.
- Extra Value for EA Users – If you use Expert Advisors (EAs), cashback adds an edge.
Full List of MT5 Brokers Offering Cashback in 2024
Here’s a curated list of brokers that support MetaTrader 5 and offer cashback programs directly or through trusted rebate providers:
1. Exness
- Cashback Type: Spread rebate via partners
- Rebate Rate: Up to $10 per lot
- Region: Global
- MT5 Support: Yes
2. FXTM (ForexTime)
- Cashback Type: Loyalty cashback program
- Rebate Rate: Based on account activity
- Region: Asia, Africa, CIS
- MT5 Support: Yes
3. IC Markets
- Cashback Type: Through affiliate rebate services
- Rebate Rate: $1.50–$2.50 per lot
- Region: Global
- MT5 Support: Yes
4. RoboForex
- Cashback Type: Profit Share & Volume Rebate
- Rebate Rate: Up to 15% cashback
- Region: Asia, EU (under IFSC)
- MT5 Support: Yes
5. Tickmill
- Cashback Type: Partner rebate programs
- Rebate Rate: Varies by lot and account type
- Region: Worldwide
- MT5 Support: Yes
6. HotForex (HFM)
- Cashback Type: Loyalty program + partner cashback
- Rebate Rate: Up to $8 per lot
- Region: MENA, Africa, Asia
- MT5 Support: Yes
7. XM
- Cashback Type: Trade bonus + loyalty rebates
- Rebate Rate: Varies (up to $5 per lot via partners)
- Region: Global
- MT5 Support: Yes
8. FBS
- Cashback Type: Weekly cashback program
- Rebate Rate: Up to $15 per lot (based on status)
- Region: Asia, LATAM
- MT5 Support: Yes
9. InstaForex
- Cashback Type: Direct from broker
- Rebate Rate: Up to 1.5 pips per lot
- Region: Global
- MT5 Support: Yes
10. Octa
- Cashback Type: Rebate via loyalty system
- Rebate Rate: Based on trading volume
- Region: Asia, MENA
- MT5 Support: Yes
How to Get MT5 Cashback
There are two main ways to earn cashback from these brokers:
- Direct Registration – Some brokers offer cashback directly to all clients or through a dedicated promotion tab.
- IB (Introducing Broker) Programs – Traders sign up through a cashback portal or rebate affiliate to receive a portion of the IB commission.
Important: Always read the terms. Some cashback programs require a minimum number of trades, specific account types, or monthly volume targets.
Risks and Considerations
- Hidden Fees – Cashback is only valuable if spreads and commissions are competitive.
- Non-withdrawable Bonuses – Some brokers credit cashback as trading credit, not real cash.
- Conflicts with Bonuses – Cashback may disqualify you from receiving other bonuses.
- Rebate Partners – Only work with verified, transparent rebate providers.
Final Thoughts
MT5 cashback programs can significantly reduce your trading costs and boost profitability—especially for active traders or EA users. In 2024, several top-tier and offshore brokers continue to offer attractive rebate structures. However, the key lies in choosing a trusted broker, understanding the cashback structure, and tracking your trades properly.
Always compare rebate rates, broker reputation, and platform performance before making a commitment.