Abstract Incineration plants for electricity generation have offered a solution to the challenges of domestic solid waste treatment in many countries. However, their emissions, fly ash (FA) and bottom ash (BA), have had a detrimental impact on environmental quality. This study investigated the morphology, element composition, and concentration of metals in FA and BA from municipal solid waste incineration plants using scanning electronic microscopy/energy-dispersive X-ray and inductively coupled plasma mass spectrometry techniques. It also evaluated the distribution ratios of metal species across five fractions: exchangeable, carbonate-bound, oxide-bound, organic-bound, and sulfide-bound, and residual. The total metal content in both FA and BA was comparable, with calcium having the highest concentration (28,170–135,130 mg·kg−1 dry weight) and silver having the lowest (5.26–19.3 mg·kg−1 dry weight). However, the percentage proportion of metals differed between the extracted fractions. Except for cadmium in FA, ecological risk assessment indicated low direct bioavailability and potential risk of metals in both FA and BA. These findings contribute to the hazard assessment of FA and BA generated from waste incinerators and provide a scientific basis for developing treatment techniques for this type of waste.