Skrill Brokers – Which Brokers Accept Skrill Deposits

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Skrill Forex brokers

The Best Skrill Forex Brokers 2020 – Making Deposits & Withdrawals Quick & Easy

A brokerage is always looking for new ways to entice users to their platform. Common practice is now to offer various payment methods, so depositing into their account is quick and easy. Lots of brokers now offer the electronic payment system, Skrill, as a payment method. We have highlighted our favoured brokers that do offer Skrill as an option, see the table above for our current rankings.

What is Skrill

Skrill, formerly known as Moneybookers, is a popular online payment system, which allows making quick and convenient online payments.

Skrill acts as an online wallet where you can store your money and easily transfer directly to a bank account of your choice.

They have also added to their products and now offer a prepaid Mastercard as well as the option to buy and sell cryptocurrencies. The intention of Skrill is to be the singular place to store your money and make easy transactions.

Why use my Skrill account to deposit with a Forex broker

Simplicity

Skrill’s major unique selling point is the fact that you can do a huge amount from one account. You can send money, spend money, store money in various currencies (up to different 40), buy and sell cryptocurrencies and they have also launched a prepaid Mastercard.

Having all these features in one place means that you don’t need any other service to look after your money. When it comes to opening a Forex brokers account, it’s simply a case of using your Skrill app or online platform to send money to the brokerage account.

Multiple payment options

Your Skrill account splits payment options into two, one is ‘Sending’ money and the other is ‘Spending’ money. The payment options when spending money includes paying via online banking, paying on-demand with Skill 1-tap, or using their prepaid Mastercard which can be used online or in store.

You can send money to three different places; a bank account, a mobile wallet, or an email address. Sending money is free of charge and can be done in 40 different currencies.

A Forex broker will normally ask you to send money to a bank account which makes any deposit using Skrill free.

Deposit & Withdrawals

Like PayPal, Skrill also lets you make instant deposits into your Skrill account and again like PayPal it will only allow you to use a credit or debit card or via a bank transfer. Once you have added a payment method, you won’t need to add any more details as Skrill will keep this on your account unless you want to change the method. Sending money is also instant with Skrill meaning that once you have chosen your Skrill Forex broker, you can quickly deposit and start trading.

Sending money is free to bank accounts, so it is very easy to send any money you want to withdraw from your broker back to your bank account.

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Security

When you set up your Skrill account, you will add a payment method, credit card or bank details, this information is not shared with your Forex broker nor any other recipient of your money transfer.

How to pick a broker that accepts Skrill

Picking a broker that accepts Skrill is relatively easy because most of the well-established brokers now offer this service however it is not the size of PayPal and so not all big brokerages have jumped on the band wagon yet.

Skrill is a payment method and so is used by brokers as a feature that would attract prospective users to their brokerage for Forex trading purposes. Therefore, if you are an avid Skrill user then your best course of action it to find all the brokers that accept Skrill (as shown above in the broker table) and decide where you feel they fit your needs best.

The table above shows our preferred brokers that offer Skrill, however it is worth noting that this order may change based on any upgrades or downgrades brokers may make. The factors we consider when deciding our best Skrill Forex brokers are as follow;

  • Are they regulated and by whom?
  • The payment methods they offer.
  • The fees they charge, this can be the spreads of any commission they add.
  • Trading experience; speed of execution, slippage, gapping, pricing irregularities etc.
  • Their customer support network.
  • The different assets that can be traded.
  • How user friendly their platforms are.
  • Whether it offers any additional resources or help.

Skrill Vs PayPal

Skrill and PayPal are by far the biggest electronic payment systems on the market now, with PayPal still dwarfing Skrill in size. We look at how these two market leaders compare when it comes to depositing into a Forex broker account.

Below is a table with the criteria we feel is most important to users when deciding whether you should be using PayPal or Skrill to deposit to a Forex account.

Skrill PayPal Winner
Currencies 40 20 Skrill. Dependant on the broker, the ability to deposit in multiple currencies makes life a lot easier.
Charges you for Sending money Receiving money Skrill. In an ideal world, you would only send money once to a broker.
Deposit fee 0-7% Free PayPal. This means you are down before you have even sent money to a broker.
Languages 7 Practically all PayPal. This means that you can deposit (assuming the broker uses that language) in any language.

Conclusion

With Skrill continuing to grow in the market, it is now becoming relatively common for brokers to accept it as a viable payment method. It still isn’t however accepted on all the large brokerages, which is likely down to the brokers choice rather than anything else.

The bigger Skrill gets, the more likely you will see more and more brokers offering the payment method. Unlike PayPal, we wouldn’t consider brokers that don’t accept Skrill as lower tier, so if you are open to not using a broker who accepts Skrill, then there might be that could fit your needs more, namely some of the PayPal ones.

There are lots of different ways in which you can deposit into a brokers account and isn’t doesn’t (shouldn’t) affect how you trade but it is a sign that the Forex market continues to grow and that you should be aware of different brokers and the payment options they offer. If only to make sure you’re picking one that uses your preferred payment method.

Is Skrill more secure than PayPal?

Both companies practice the most up to date security measures and both would consider themselves as the safest on the market. After looking at multiple customer reviews, whilst there appears to be some negative feedback for both, there haven’t been any major security breaches to suggest that your funds are at risk.

What are Skrill’s fees?

Sending money to a bank account is free, so sending money to Forex broker would therefore be free because they will give you bank details to send to.

The regular Skrill fee is 1.45%, with a minimum of EUR 0.50, however this can rise to up to 5.5% in some circumstances. See Skrill’s fee’s section for more information.

How secure is my Skrill account?

As previously mentioned, Skrill practices up to date security processes, this includes two-factor authentication (2FA), which is now common occurrence on most websites that manage your money.

Why don’t all Forex brokers offer Skrill?

Despite Skrill being second only to PayPal, it still isn’t a household name and only a small percentage of users would deposit using Skrill. Therefore, this makes this payment method a lower priority for brokers to offer, with more users using other means of depositing, they are focused on those, however as Skrill grows this will undoubtably grow.

What is a Skrill Forex broker?

A Skrill Forex broker is a brokerage that allows you to buy, sell and trade currencies on its platform and accepts Skrill as a method of depositing into your personal account.

How can I deposit into my Skrill account?

You can deposit into your Skill account by two means; a paysafecard, which is normally a debit or credit card, and via bank transfer. Once you save your bank details to the platform, you don’t need to insert them anywhere when buying using Skrill.

Additional Payment Methods Forex brokers

Do you know another Skrill Forex broker? Please suggest by adding a comment below.

Skrill Brokers

Skrill provide a very popular e-wallet option for online transactions. The provider is also popular in the binary industry. The majority of brokers accept Skrill deposits, and withdrawals. Below is a list of brokers that accept this payment method.

Many brokers insist on withdrawals being paid back to same payment method as the original transaction. This is worth keeping in mind if you do want to use an e-wallet to make your initial deposit.

Top Brokers Accepting Skrill

Review Min. Deposit Bonus Regulated Rating
£5 95%
Review
» Visit
£10 90%
Review
» Visit
£250 88%
Review
» Visit

What is Skrill?

Skrill is one of the biggest names in the e-wallet industry, offering customers a quick, convenient and safe way of conducting online transactions.

Formerly known as Moneybookers, the company was formed in the UK in 2001 – making it the UK’s very first authorised e-money issuer in the country. Skrill is authorised by the Financial Conduct Authority (FCA). It currently operates in over 200 countries. On an annual basis, the firm processes over 150 million online transactions with a combined value of almost EUR 13 billion.

Whereas Paypal is the market leader for routine e-commerce, Skrill has grown rapidly as the e-wallet service of choice in certain niche areas – one of which is online trading.

Reasons to use Skrill:

  • Speed. Traders require an up-to-date and accurate picture of their funds to help stay in control of their trading activity. With Skrill, traders can move funds between their account (which can be linked to their broker trading account) and their bank account in real time. Instant execution of transactions combined with the absence of a delay in displaying updated account information ensures traders get an accurate picture at all times.
  • Multiple ways to credit your account. As well as being able to fund your account via bank transfer or credit/debit card, Skrill also provides the option of a Prepaid MasterCard.
  • Convenience. Execute transactions via mobile, laptop or PC – and send money to almost 200 countries in a choice of over 40 currencies.
  • Fee structure. One of the biggest advantages of the firm is its competitive fee structure. Receiving money into your Skrill account is free – as is using your wallet to pay an online retailer that accepts this payment method.
    Depending on the method used, there may be a small charge for uploading funds to your account – although such fees are always clearly stated. Transferring money into another account or wallet attracts a 1.9% commission.
    All fees are capped at EUR 20 per transaction.
  • Security. FCA authorised status means that Skrill is required to abide by a long list of requirements to protect customers. This includes the obligation to maintain a minimum capital threshold and to hold sufficiently liquid assets to be able to redeem all e-money issued.

Regarding cyber security, the company is under a duty to minimise the risk of fraud and theft. Account details are never revealed to any retailer. Also, all information transmitted is encrypted to render it unreadable in the event of interception.
Linked to this, Skrill operates a two factor authentication (2FA) system. It means that alongside their email and password, customers logging on to their accounts are required to enter a verification code sent to their phone. It provides a vital additional layer of protection in the event that email and password information is compromised.

How to use an e-Wallet

Opening a Skrill account involves a straightforward signup process via the official website.

One you have weighed up your options and chosen a binary options broker that best fits your needs, it’s a matter of creating an account with that broker. On the broker platform, you will find a dedicated “Deposit funds” section.

Having already deposited funds into your e-wallet: if you select Skrill from the deposit options available, you will be invited to enter your account details. You will then be able to instantly transfer funds from your e-wallet to your binary trading account. Remember: with Skrill, your personal financial information is never revealed to the broker.

Skrill forex brokers – list of brokers accepting Skrill deposits

Broker Country Rating Min. Deposit Website
Cyprus, Australia 5 /5 $5 Click for a special offer Website
Cyprus 4.97 /5 $10 Click for a special offer Website
UK 4.93 /5 $50 Click for a special offer Website
UK 4.91 /5 $29 Click for a special offer Website
Australia 4.90 /5 $100 Click for a special offer Website

Skrill is an online payment system that allows you to send and receive money, store cards, link bank accounts and pay, using just your email address and password. Skrill is specialized especially with international money transfers.

In 2020 Skrill Limited, which is registered as a Money Service Business and holds a license by the Financial Conduct Authority in the UK with a passport to operate in EU as a whole, was acquired by Optimal Payments, the parent company of the Skrill’s rival Neteller.

Still Skrill continued to operate separately and is integrated as a payment method by a number of global online brands such as Facebook, Skype and eBay.

Skrill clients can purchase a Skrill-branded prepaid card, linked to the account in one of four currencies – US Dollars, Euro, Polish Zloty or British Pounds. And while Skrill accounts can be operated in any of those currencies, once the first transaction is made it is not possible to change the account’s currency any more.

The transaction fee with Skrill is in the amount of 1,45% of the transferred sum.

Here we should also note that the only major market where you can not make payments with Skrill is Japan. Other areas which are not serviced are parts of Africa, some countries in Central Asia and the Middle East, Greenland, some islands in the Caribbean and other offshore zones.

Since November 30th 2020 Skrill will require all forex and CFD brokers, providing services in the European Union, to show an official copy of their license, authorizing them to offer financial services to retail clients.

Skrill brokers

Broker Country Rating Min. Deposit Website
Cyprus 4.97 /5 $10 Click for a special offer Website
UK 4.91 /5 $29 Click for a special offer Website
Australia 4.90 /5 $100 Click for a special offer Website
UK 4 /5 n/a Read the review
UK 4 /5 n/a Read the review
Cyprus, Australia 3 /5 $100 Read the review
UK 3 /5 $100 Read the review
Australia 3 /5 $500 Read the review
Cyprus 3 /5 $50 Read the review
Cyprus 3 /5 $250 Read the review
Australia 3 /5 $500 Read the review
UK 3 /5 $200 Read the review
Cyprus 3 /5 $500 Read the review
SVG 3.0 /5 $100 Read the review
Bermuda 1.5 /5 $5 Read the review
SVG 1.5 /5 $10 Read the review
UAE 1.5 /5 $100 Read the review
Belize 1.5 /5 $5 Read the review
SVG 1.4 /5 $50 Read the review
SVG 1.4 /5 $100 Read the review
Vanuatu 1.4 /5 $5 Read the review
SVG 1.4 /5 $500 Read the review
UK, Bermuda 1.3 /5 $50 Read the review
Marshall Islands 1.3 /5 $250 Read the review
SVG 1.3 /5 $1000 Read the review
Belize 1.3 /5 $250 Read the review
SVG 1.3 /5 $250 Read the review
N/A 1.3 /5 $500 Read the review
Marshall Islands 1.3 /5 $100 Read the review
SVG 1.3 /5 $250 Read the review
Seychelles 1.3 /5 $200 Read the review
SVG 1.3 /5 $250 Read the review
SVG 1.3 /5 $250 Read the review
SVG 1.3 /5 N/A Read the review
Seychelles 1.2 /5 $250 Read the review
SVG 1.2 /5 $250 Read the review
Vanuatu 1.2 /5 $250 Read the review
SVG 1.2 /5 N/A Read the review
Vanuatu 1.2 /5 $250 Read the review
Seychelles 1.2 /5 $50 Read the review
Seychelles 1.2 /5 $1000 Read the review
Marshall Islands 1.2 /5 N/A Read the review
Seychelles 1.2 /5 $200 Read the review
Marshall Islands 1.2 /5 $250 Read the review
SVG 1.2 /5 $5000 Read the review
SVG 1.2 /5 $500 Read the review
Estonia 1.2 /5 $250 Read the review
Marshall Islands 1.2 /5 $500 Read the review
Marshall Islands 1.2 /5 $500 Read the review
Marshall Islands 1.2 /5 $500 Read the review
SVG 1.2 /5 $250 Read the review
SVG 1.2 /5 N/A Read the review
SVG 1.2 /5 $1000 Read the review
SVG 1.2 /5 N/A Read the review
UK 1.2 /5 $250 Read the review
UK 1.2 /5 $250 Read the review
Marshall Islands 1.2 /5 N/A Read the review
SVG 1.2 /5 N/A Read the review
Seychelles 1.2 /5 $250 Read the review
Seychelles 1.2 /5 $250 Read the review
Marshall Islands 1.2 /5 $300 Read the review
Malaysia 1.2 /5 $100 Read the review
Vanuatu 1.2 /5 $1 Read the review
SVG 1.2 /5 $50 Read the review
SVG 1.2 /5 N/A Read the review
N/A 1.2 /5 $250 Read the review
Marshall Islands 1.2 /5 $5 Read the review
South Africa 1.2 /5 $150 Read the review
Seychelles 1.2 /5 $250 Read the review
Vanuatu 1.1 /5 $1000 Read the review
Bulgaria 1.1 /5 N/A Read the review
Bulgaria 1.1 /5 $250 Read the review
Marshall islands 1.1 /5 $250 Read the review
Marshall Islands 1.1 /5 $100 Read the review
Bulgaria 1.1 /5 $500 Read the review
Marshall Islands 1.1 /5 $250 Read the review
SVG 1.1 /5 N/A Read the review
SVG 1.1 /5 $200 Read the review
N/A 1.1 /5 $100 Read the review
Marshall Islands 1.1 /5 $500 Read the review
UK, Bulgaria 1 /5 $250 Read the review
Marshall Islands 1 /5 $50 Read the review
UK 1 /5 $100 Read the review
UK 1 /5 $500 Read the review
Seychelles 1 /5 $5000 Read the review
N/A 1 /5 $100 Read the review
Estonia 1 /5 $200 Read the review
Marshall Islands 1 /5 $250 Read the review
Marshall Islands 1 /5 N/A Read the review
Cyprus 1 /5 N/A Read the review
Vanuatu 1 /5 $500 Read the review
Cyprus 1 /5 N/A Read the review
Estonia 1 /5 $25 000 Read the review
Estonia 1 /5 250 USD Read the review
SVG 1 /5 $250 Read the review
SVG 1 /5 $500 Read the review
UK 1 /5 $100 Read the review
Marshall Islands 1 /5 $250 Read the review
Bermuda 1 /5 $100 Read the review
New Zealand 1 /5 N/A Read the review
UK 1 /5 $100 Read the review
Marshall Islands 1 /5 n/a Read the review
SVG 1 /5 $1000 Read the review
Estonia 1 /5 $250 Read the review
Marshall Islands 1 /5 $1000 Read the review
UK 1 /5 100 GBP Read the review
SVG 1 /5 $5 Read the review
Seychelles 1 /5 $100 Read the review
UK 1 /5 $500 Read the review
Switzerland 1 /5 n/a Read the review
SVG 1 /5 $250 Read the review
US 1 /5 N/A Read the review
Seychelles 1 /5 $300 Read the review
Marshall Islands 1 /5 $400 Read the review
Marshal Islands 1 /5 $300 Read the review
Marshall Islands 1.0 /5 $300 Read the review
N/A 1.0 /5 $250 Read the review
UK 1 /5 $100 Read the review
n/a 1 /5 $1000 Read the review
SVG 1 /5 N/A Read the review
Marshall Islands 1 /5 $500 Read the review
Dominica 1 /5 $250 Read the review
Bulgaria 1 /5 $220 Read the review
SVG 1 /5 $100 Read the review
Dominica 1 /5 $250 Read the review
SVG 1 /5 $1 Read the review
UK, SVG 1 /5 $100 Read the review
Marshall Islands 1 /5 $500 Read the review
UK 1 /5 $500 Read the review
Dominica 1 /5 $500 Read the review
Seychelles 1.0 /5 $100 Read the review
Marshall Islands 1 /5 $250 Read the review
Dominica 1 /5 $250 Read the review
SVG 1.0 /5 $1000 Read the review
Seychelles 1 /5 $50 Read the review
Bulgaria 1 /5 $100 Read the review
Marshall Islands 1 /5 $250 Read the review
Marshall Islands 1 /5 $500 Read the review
Belize 1 /5 $250 Read the review
Mauritius 1 /5 500 EUR Read the review
SVG 1 /5 $10 Read the review
Marshall Islands 1 /5 $100 Read the review
UAE 1 /5 $100 Read the review
UK 1 /5 n/a Read the review
N/A 1 /5 $300 Read the review
N/A 1 /5 $10 Read the review
N/A 1 /5 N/A Read the review
Dubai 1 /5 $100 Read the review
N/A 1 /5 $300 Read the review
N/A 1 /5 N/A Read the review
Cyprus 1 /5 $250 Read the review
SVG $250 Read the review

Forex news about Skrill

Skrill will require license assurance from forex brokers

Skrill, which is specialized in international money transfers, will require all forex and CFD brokers, providing services in the European Union, to

Forex broker FXCL Markets adds Skrill for deposits, withdrawals

Forex brokerage FXCL Markets said on Tuesday it has added online payment system Skrill to its portfolio of deposit and withdrawal methods.

FX broker FXTM accepts GBP, PLN, CZK via Skrill payment system

Online forex broker ForexTime (FXTM) has started accepting deposit payments to Skrill in GBP, PLN and CZK, it said on Friday. The

MetaQuotes adds ePayments to MT4, MT5 forex trading platforms

MetaQuotes, the developer of the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) forex trading platforms, said on Thursday it has added ePayments

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