- Jump to:
- Main features of the best Skrill Forex brokers
- Best Forex Brokers Accepting Skrill
- How to Deposit
- How to Withdraw
- Pros of Using Skrill
- Cons of Using Skrill
- Fees and Limits
- Skrill Chargeback
- Security
- Conclusion
Are you looking for regulated and trustworthy forex brokers accepting Skrill? Our expert team of traders tested many forex brokers using real accounts and compiled a list with the best among them that accept Skrill.
- Fusion Markets 74-89% of retail CFD accounts lose money
- FP Markets 73.85% of retail investor accounts lose money
- Pepperstone 75.5% of retail investor accounts lose money
- Global Prime 74-89% of retail CFD accounts lose money
- eToro 51% of retail investor accounts lose money
- XM Group 72.82% of retail investor accounts lose money
Below you can find a comparison table of forex brokers that accept deposits with Skrill. We rank them based on several factors including: regulation, spreads and commissions, Trustpilot rating, trading instruments, trading platforms, deposit and withdrawal methods.
Main features of the best Skrill Forex brokers
- Min Deposit$0Trading InstrumentsForex, Commodities, Indices, Crypto, US StocksRegulatorsASIC, FSA (Seychelles), VFSC (Vanuatu)Trading PlatformsMetaTrader4, MetaTrader5, cTrader, DupliTrade, Fusion+ Copy Trade, TradingViewSpread0.9 pips Classic; 0.0 pips ZeroLeverage1:30 (1:500 for forex and metals via VFSC)Deposit MethodsVisa, Mastercard, PayPal, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, Online Naira, Doku, Bitcoin, Ethereum, Litecoin, USDT, Tether, Ripple, bank wire, ZotaPay, VNPay, DuitNow, XPay, DragonPay, VAPay, FasaPay, AstroPay, PayID, Jetonbank, Sticpay, Interac, LuqaPay, Zotapay, MiFinityWithdrawal MethodsVisa, Mastercard, Bank Wire, Skrill, Neteller,Bitcoin, Ethereum, Litecoin, Tether, Ripple, MiFinity, Interac, PayPal, AstroPay, Jetonbank, DragonPay74-89% of retail CFD accounts lose money
Fusion Markets facilitates instant, fee-free deposits, and withdrawals via Skrill, with minimum deposits starting from just $10 and six supported currencies. A wide array of other country-specific payments is provided as well.
- Min Deposit$50 (AU$100)Trading InstrumentsForex CFDs, Shares CFDs, Metals CFDs, Commodities CFDs, Indices CFDs, Crypto CFDs, ETF CFDsRegulatorsASIC, CySEC, FSA (Seychelles), FSCA, FSA (St. Vincent and the Grenadines)Trading PlatformsMetaTrader4, MetaTrader5, WebTrader, IRESS, cTrader, TradingViewSpread1.0 pips Standard; 0.0 pips RawLeverage1:30Deposit MethodsVisa, Mastercard, Neteller, Bank Transfer, Skill, Sticpay, Fasapay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, Crypto, Apple Pay, Google Pay, Online Banking, Broker to Broker, PayPal, XPay, RapydWithdrawal MethodsVisa, Mastercard, Bank Wire, Neteller, Skrill, Paytrust88, PayPal73.85% of retail investor accounts lose money
FP Markets is among the top-ranked forex brokers accepting deposits and withdrawals via Skrill. Deposit minimums start from €/$/£ 50, with no administrative fees charged on payments and withdrawals.
- Min Deposit$0Trading InstrumentsForex, Indices, Commodities, Cryptocurrencies, Share CFDs, ETFsRegulatorsUK FCA (No.684312), CySEC (No. 388/20), ASIC (No. 414530), BaFin (No.151148), DFSA, CMA, SCB (Bahamas)Trading PlatformsTradingView, MT5, MT4, cTraderSpreadFrom 0.0 pips (Razor Accounts), 1 pip (Standard Accounts)Leverage1:30Deposit MethodsVisa, Mastercard, PayPal, Bank Transfer, BPay, Neteller, SkrillWithdrawal MethodsVisa, Mastercard, PayPal, Bank Transfer, BPay, Neteller, Skrill75.5% of retail investor accounts lose money
Pepperstone is a renowned Forex broker, offering razor-sharp spreads across 1,200+ financial instruments. Skrill is among the supported processors to add funds to trading accounts at Pepperstone. Keep all your payment details in a secure digital wallet and never miss a trade.
- Min Deposit$0Trading InstrumentsForex, Cryptocurrencies, Indices, Commodities, BondsRegulatorsASIC (No. 385620), VFSC (No. 40256)Trading PlatformsMT4 Desktop, MT4 Webtrader, MT4 AndroidSpread0.9 pips Standard, 0.0 pips RawLeverage1:500 (1:30 for ASIC entity)Deposit MethodsVisa, Mastercard, PayPal, Skrill, Neteller, Gate8, Dragonpay, Fasapay, VNPay, Pagsmile, BPay, POLi, AstroPay, Bank Transfer, Interac, Perfect Money, PayID, Jeton, MiFinity, XPay, CryptoWithdrawal Methods
Mastercard, Visa, Local Bank Transfer, Bank Wire Transfer, Skrill, Neteller, AstroPay, PayPal, Dragonpay, Perfect Money, Jeton, Interac, Cryptocurrencies
74-89% of retail CFD accounts lose moneyGlobal Prime is among the well-established online Forex brokers, where customers can top up their balance and withdraw funds via Skrill. Instantly processed deposits, starting from just $10. Skrill Visa payments are supported too for specific regions.
- Min Deposit$50 or $100 based on country ($10 for the UK)Trading InstrumentsCrypto, CFDs on Forex, Stocks, Commodities, Crypto, ETFs, and IndicesRegulatorsFCA, CySEC, ASIC, MFSA, ADGM, FSA, FINRA/FinCEN, AMF, SEC, GFSCTrading PlatformseToro Investing, eToro App, TradingView, eToro CopyTraderSpread1 pipLeverage1:30Deposit MethodseToro Money, Visa, Mastercard, Neteller, PayPal, Skrill, iDeal, Klarna, Bank Transfer, Trustly, Przelewy24Withdrawal MethodsPayPal, Skrill, Visa, Mastercard, Neteller, Trustly, Bank Transfer51% of retail investor accounts lose money
Traders can use Skrill to fund their accounts at eToro. Seamless deposits, accomplished in four easy steps, including account log-in, navigating to the deposit area, entering a desired amount, and selecting Skrill.
- Min Deposit$5Trading InstrumentsForex, Stocks, Indices, Commodities, Thematic IndicesRegulators(ASIC) (ref. No. 443670), FSC (license no. 000261/397), DFSA (ref. no. F003484), CySEC (license no. 120/10), CFTC; Registrations for EU passporting: - BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA (Finland), KNF, AFM, FSA (Sweden)Trading PlatformsMetaTrader 4 and 5, MetaTrader 4 and 5 on mobile, MT4 WebTrader, MT5 WebTrader, MT4 MultiterminalSpreadFrom 0.0 pips (Zero Account), 0.6 pips (Standard and Micro Accounts)Leverage1:30Deposit MethodsVisa, Mastercard. Skrill, Bank Transfer, Neteller, Apple Pay, Google Pay, UnionPay, MaestroWithdrawal MethodsVisa, Mastercard, China Union Pay, Skrill, Neteller, Bank Transfer72.82% of retail investor accounts lose money
Regulated Forex broker, providing access to 1,400+ global assets and trusted by 15+ million traders around the globe. Hassle-free online payments and withdrawals via Skrill are among the implemented banking options.
- Min Deposit$250Trading InstrumentsForex, Stocks, Indices, Commodities, ETFs, Indices, CryptocurrenciesRegulatorsFCA (License No. FRN 522157), CySEC (License No.169/12), FSC (FSC License No.: 000302/438), IFSC (License No.: 000302/46.), KNF (N/A), CNMV (N/A), BaFin (registered), FSCA (N/A), FSA Norway (registration ID - FT00118162)Trading PlatformsxStation 5, xStation MobileSpreadFrom 0.1 pips (Pro Account), 0.5 pips (Standard Account)Leverage1:30Deposit MethodsVisa, Maestro, Mastercard, Bank Transfer, Neteller, Skrill, PayPal, Ecommpay, PayUWithdrawal MethodsBank Transfers, Visa, Mastercard, Skrill80% of retail investor accounts lose money
As a trustworthy and properly regulated online forex broker, XTB offers a variety of payment processors to facilitate seamless transactions. Skrill is among the popular payment methods, with no fees for EU residents. Fund your account and search through 5,900+ financial instruments.
- Min Deposit$200Trading InstrumentsCFDs on Forex, Commodities, Index, Bond, Cryptocurrencies, Stock, FuturesRegulatorsFSA (Seychelles), CySEC, ASICTrading PlatformsMetaTrader4, MetaTrader5, cTrader, ZuluTradeSpread0.8 pips Standard, 0.0 pips Raw AccountsLeverage1:30Deposit MethodsBank transfer, Visa, Mastercard, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna, NuveiWithdrawal MethodsBank transfer, Visa, Mastercard, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, FasaPay, Poli, RapidPay, Klarna70.64% of retail investor accounts lose money
IC Markets is a reputable global broker, supporting 2,250+ tradable instruments and a rich assortment of flexible payment methods, including Skrill. Customers can take advantage of three base account currencies and instant and fee-free deposits.
- Min Deposit$0 (Standard)$2,000 (Prime)$20,000 (Institutional)Trading InstrumentsForex, Commodities, Futures, Indices, Stocks, CryptocurrenciesRegulatorsSFSA (No. SD045), FMA (No. FSP403326), FSATrading PlatformsMT4, MT5, TradingView, cTrader, MT WebTrader, BlackBull Shares, BlackBull CopyTrader, BlackBull Trade, BlackBull Invest, ZuluTradeSpread0.8 pips Standard; 0.1 pips Prime; 0.0 pips InstitutionalLeverage1:500Deposit MethodsVisa, Mastercard, Neteller, Airtm, Skrill, Bank Transfer, HexoPay, American Express, POLi, Payment Asia, Help2Pay, FXPay, Fasapay, China Union Pay, Boleto, AstroPay, Beeteller, Bitcoin, Ethereum, Tether, Ripple, Litecoin, Bitcoin Cash, Chainlink, USD Coin, StellarWithdrawal MethodsVisa, Mastercard, Bank Transfer, Airtm, Skrill, Neteller, American Express, POLi, HexoPay, Payment Asia, Help2Pay, FXPay, China Union Pay, Boleto, Fasapay, Beeteller, AstroPay, Bitcoin, Litecoin, Bitcoin Cash, Tether, Ripple, Stellar, Chainlink, Ethereum, USD Coin
Top-ranked Forex broker, offering 26,000 tradable instruments, 70+ currency pairs, and lightning-fast execution speed. Payments are securely handled via a diverse range of processors, including Skrill, with global availability, no fees, and maximum deposits capped at $50,000.
- Min Deposit$100Trading InstrumentsForex CFDs, Commodity CFDs, Shares CFD's, Index CFDs, Crypto CFD'sRegulatorsSCB (No. SIA-F220), ASIC (No.391441), CySEC (No. 246/14), FCA (No. 921296)Trading PlatformsMT4, MT5, WebTrader, TradingView, Capitalise.ai, FlashTraderSpread0.1 pips on Standard and TradingView Accounts; 0.0 pips Raw AccountsLeverage1:30Deposit MethodsVisa, PayPal, Mastercard, Wire Transfer, Neteller, Skrill, Tether, Bitcoin, BPAY, Dragonpay, Fasapay, Interac, Pix, UnionPayWithdrawal MethodsMastercard, Visa, PayPal, Skrill, Neteller, Bitcoin, Tether, Wire Transfers, BPAY, Fasapay, Pix, Interac, UnionPay76.09% of retail investor accounts lose money
Established in 2009, Eightcap is a globally trusted CFD broker, committed to excellence in every single aspect – from exceptional financial services to suitable funding methods for all served regions. Skrill payments, available in USD, EUR, and CAD, incur no transaction fees, and withdrawal limits per transaction are capped at $50,000.
Forex Brokers with Skrill Compared Based on Leverage, Regulation and Trading Platforms
Broker | Min Deposit | Min Withdrawal | Max Leverage | Trading Platforms | Regulators | Trustpilot Rating |
---|---|---|---|---|---|---|
1. Fusion Markets | $0 | $10 | 1:30 for ASIC Entity (1:500 for VFSC Entity) | MetaTrader4, MetaTrader5, cTrader, DupliTrade, Fusion+ Copy Trade, TradingView | ASIC (Australia, Licence №: 385620), VFSC (Vanuatu, Licence №: 40256), FSA (Seychelles , Licence №: SD096) | 4.9 |
2. FP Markets | $50 | $5 | 1:30 (Retail)1:500 (Professional) | MetaTrader4, MetaTrader5, WebTrader, IRESS, cTrader, TradingView | CySEC (Cyprus, Licence №: 371/18), ASIC (Australia, Licence №: 286354), FSA (Seychelles, Licence №: ), FSCA (South Africa, Licence №: ) | 4.8 |
3. Pepperstone | No minimum | No minimum | 1:30 (Retail ASIC, CySEC, FCA); 1:500 (Professional); 1:400 (CMA) | TradingView, MT5, MT4, cTrader | CySEC (Cyprus, Licence №: 388/20), FCA (United Kingdom, Licence №: 684312), ASIC (Australia, Licence №: 414530), FSA (Seychelles, Licence №: SD108) | 4.7 |
4. Global Prime | $10 | $10 | 1:30 (Retail)1:500 (Professional) | MT4 Desktop, MT4 Webtrader, MT4 Android | VFSC (Vanuatu, Licence №: 40256), ASIC (Australia, Licence №: 385620) | 4.4 |
5. eToro | $50 | $50 | 1:30 (FCA, ASIC, CySEC); 1:50 (FINRA); 1:500 (FSA) | eToro Investing, eToro App, TradingView, eToro CopyTrader | FCA (United Kingdom, Licence №: 583263), ASIC (Australia, Licence №: 491139), FSA (Seychelles , Licence №: SD076), CySEC (Cyprus, Licence №: 109/10) | 4.2 |
6. XM Group | $5 | $5 | 1:30 for CySEC and ASIC Entities (1:1000 for Other Jurisdictions) | MetaTrader 4 and 5, MetaTrader 4 and 5 on mobile, MT4 WebTrader, MT5 WebTrader, MT4 Multiterminal | CySEC (Cyprus, Licence №: 120/10), ASIC (Australia, Licence №: 443670), IFSC (Belize, Licence №: 000261/4) | 2.9 |
Skrill is an eWallet service that enjoys immense popularity online. Used by all different types of customers, Skrill is supported widely among the Forex trading industry. Available in hundreds of countries all over the globe, Skrill is one of the most convenient and accessible services out there. It allows for quick and easy transactions, without the hassle of traditional payment solutions. Moreover, it supports more than 40 currencies, allowing just about anyone to make good use of the services. Below, we will go into detail about how Skrill works with Forex trading platforms and give you a rough idea whether this payment solution is right for you.
How to Fund Forex Account with Skrill
Making a deposit with Skrill is one of the easiest ways to top up your Forex balance and the whole process is simple and convenient. Once you have set up your Skrill account and loaded money onto it, you are free to transfer those funds as you see fit. If your Forex broker supports Skrill, you will have no issues in topping up your balance.
To do this, you simply need to head over to the payment options page and select Skrill from the list of supported services. Then, you will need to enter the amount you wish to deposit and confirm the payment. This will bring up a Skrill login prompt and you will have to enter your account information. From then on, the transfer will be made and the money will appear instantly in your Forex balance. There is practically no downtime
How to Withdraw from a Forex Account with Skrill
Withdrawing your balance is pretty much the same process as making a deposit. You open up the payment page and select the withdraw option. From all the supported services, you choose Skrill. Then, enter the amount you wish to take out and confirm the transaction. You may be required to log in to your Skrill account once again, in some cases.
Skrill withdrawals are some of the quickest on the Internet. Much like deposits, withdrawals clear almost as soon as they are issued. Of course, the withdrawal request will first have to be approved by the platform’s staff. This can take anywhere between 1 hour and two business days, depending on the website. As soon as this is done, the transaction will be issued. Something else to keep in mind is that you will have to be verified before a withdrawal request can be processed.
Benefits of Using Skrill for Forex Trading
Skrill is one of the most useful payment solutions that you will have access to on the Internet. Preferred by both Forex platforms and customers, it is incredibly popular and the number of users is constantly increasing. There are several reasons behind this and we will explore the best aspects of Skrill in this point.
The primary benefit of using Skrill is that this service allows you to conduct instant transactions with ease. Moreover, withdrawals via this payment method are the quickest that you will find anywhere. The transaction clears as soon as it is sent. Compare this to old-fashioned bank transfers, which can take anywhere between 1 and 5 business days to process. Skrill does away with that and affords you efficiency and convenience.
Another major point to consider is that Skrill is accepted almost universally. You will be hard-pressed to find a platform that does not accept payment via Skrill. The service works great for both brokers and traders, allowing them to make transactions with ease. This means that with Skrill, you will be able to access most, if not all, Forex platforms.
Last but not least, Skrill does an excellent job of protecting your anonymity online. The service is separate from your bank account and it does not require you to reveal your banking information to third parties. Those of you who are conscious about using your credit card online will no doubt appreciate this aspect of Skrill.
Disadvantages of Using Skrill for Forex Trading
Of course, no payment method is without downsides and Skrill is no exception. First and foremost, the service comes with several fees and charges which you will have no way of avoiding. Granted, the company deserves compensation but then there are also plenty of other options which are completely free of charge.
Another aspect to take into account is that Skrill is not available in all countries out there. Notably, customers residing in the United States and Japan are not allowed to open and hold Skrill balances. Such customers will have to rely on a different payment method for their Forex trading needs.
All in all, Skrill is quite solid by itself and does not have any ground-breaking drawbacks. There is a reason why this service is so popular online and it is not due to inherent issues. If there are any problems with Skrill, these are mostly on the surface, but nothing that would hurt you in the grand scheme of things.
Fees and Limits When Using Skrill to Trade Forex
Unlike many other services out there, Skrill is not free. In fact, it comes with a solid fee structure which you should get to know before you open an account. Fees with Skrill are unavoidable and you should definitely be aware of them.
Before you even make a transaction with Skrill, you first have to top up your Skrill balance. This will cost 1% of the total sum for each deposit that you make. Skrill supports a variety of different methods you can use to load your balance. Withdrawing money from your Skrill balance to your bank account will cost you either a flat fee or a percentage, depending on the method you choose.
After that, we also have to consider making payments with Skrill. Making International Transfers with Skrill does not cost a dime, however, Domestic Transfers are charged 2% each. Sending money to a Skrill wallet will cost you 1.45% of the total sum, but receiving funds from any source is free. If you make a payment is a foreign currency, Skrill will charge you a 3.99% exchange fee.
Skrill does have transaction limits, specifically hard ones on unverified customers. Once you have submitted the appropriate documents and have been verified, the limits will be increased significantly. From then on, the transfer limits will be dependent on your account level.
Skrill Chargeback on Forex Account
Chargebacks are possible with Skrill, though not common practice. Generally, chargebacks are a lost-resort action and the same goes for Skrill. If you are able to withdraw your Forex balance normally, you should take that route instead of going down the chargeback route. If that is not possible for whatever reason, reach out to the broker website’s customer support team. Only if they fail to give you a concise explanation, should you try to get your deposit back.
To request a chargeback, you would need to contact the Skrill support staff and explain the situation to them. It should be noted that money sent to personal Skrill accounts cannot be returned. This only applies to business accounts. Once you reach out to the support team, they will guide you into the process and will have the ultimate say on the matter.
Security When Trading Forex with Skrill
As far as security is concerned, Skrill is one of the best services you can use on the Internet to make payments. By its very nature, Skrill is designed to protect your privacy and your sensitive information. When making a payment via Skrill no bank account or credit card details are revealed to the other party. All of that is handled within the Skrill network and there is no need for it. On the recipient’s end of things, the transfer appears to be sent from Skrill account X. Naturally, your important information cannot be used by other people if they do not know it in the first place.
However, you will have to provide vital details about yourself to the service in order to use it effectively. This data will be stored safely and with the utmost care. Skrill abides by all the security procedures set out by the UK Financial Conduct Authority. Not only that, but the service also gives you the opportunity to use Two-Factor Authentication for further safety.
Conclusion
When all is said and done, Skrill is a great payment solution to support your Forex trading activities. It ranks among the top banking methods on the Internet and for good reason. It is easy to use, convenient, and safe. If you ever need to make online transactions look no further than Skrill.