Forex Brokers that Accept Skrill
Compare Forex brokers that accept Skrill for deposits and withdrawals. And learn how you could withdraw your profits from millions at ATMs worldwide with Skrill's Prepaid Mastercard.
By Stefan
- Broker reviews
- Forex deposits and withdrawals
Skrill is a popular way for Forex traders looking to deposit and withdraw to and from their online trading accounts.
- Deposits to a Skrill Wallet: Skrill to skrill money transfers, between your Skrill account and that of your broker are free if you have funded your Skrill Wallet through a card payment or a bank transfer. A charge will apply if you have never deposited money into your Skrill account or have deposited via NETELLER, paysafecard or BitPay.
- Deposits to a bank account: international transfers are free, subject to a 3.99% currency conversion fee, added to the market exchange rate. Domestic transfers (defined as transfers that start and end in the same country) are subject to a fee up to 2%. See a breakdown of Skrill's fees.
- Withdrawals: receiving money into your Skrill Wallet is always free of charge.
Importantly, you'll need to check whether your chosen broker charges fees for deposits or withdrawals. FxPro.com charges no fees for Skrill deposits or withdrawals, helping you keep costs to a minimum. Others, like HFM.com, will cover any deposit fees you incur upon request.
Cost considerations aside, electronic payment methods like Skrill are significantly faster than traditional bank transfers. Most brokers process Skrill deposits into your trading account within 24 hours, where bank transfers can take up to 7 business days to clear. Some, like FxPro.com, aim to fund your account in as little as 10 minutes.
If you are looking to deposit large sums of money, in the tens of thousands, you may need to check funding limits with Skrill and your broker. For example, eToro imposes a US$ 10,000 limit on Skrill, NETELLER and PayPal deposits, but no such cap on bank transfers. However, this need not be a consideration for you if you are looking to invest under US$ 10,000.
How to fund your Skrill account
Skrill supports over 200 funding methods, most of which are free. It's free to fund your Skrill Wallet through a debit card, credit card or a local bank transfer. A 1% fee applies to Bitcoin, NETELLER and Paysafecard deposits.
How to withdraw money from your Skrill account
Best brokers
- FP Markets Best Trade Execution - APAC...
- FXCC Best Forex Trading Account...
- LiteFinance Best ECN Broker Africa 2020
- 4XC Best Customer Service 2022
- AvaTrade Most Trusted Broker 2023 -...
Broker reviews
FP Markets is a true ECN broker with razor-thin spreads and deep liquidity. We also like that this broker offers a wide range of currencies for your trading account, including USD, EUR and GBP. Trade CFDs on over 1,000 stocks, indices, ETFs, commodities and currencies through MT4/5 without restrictions.
$100 | 1:500 | Market |
$100 | 1:500 | Market |
FXCC is a regulated offshore broker with an ECN trading environment. There are no conflicts of interest, as FXCC.com doesn't trade against you. Trade CFDs on over 100 instruments with leverage up to 1:500, only on MT4. FXCC allows all trading styles and Expert Advisors.
$0 | 1:500 | Market |
Trade CFDs on a wide range of markets on M4/5, with leverage up to 1:1,000 through LiteFinance.com. LiteFinance accepts all EAs and trading styles, including scalping and news trading. It's also the only broker that we know of, that pays up to 20% interest on your savings.
- Risk warning: 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MT4, MT5, cTrader, Copy trading, Mirror trading
- Regulators: Cyprus (EU) , Saint Vincent and the Grenadines
$50 | 1:1000 | Market |
$50 | 1:1000 | Market |
4xc.com is an offshore broker founded by Forex industry veterans that we have met personally. Trade Forex, metals, oil and stocks with leverage up to 1:500. 4XC accepts all trading styles and Expert Advisors on MT4/5.
- Risk warning: Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of your deposits. You should carefully consider your financial situation and experience level before trading.
- Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MT4, MT5
- Regulators: Cook Islands
$50 | 1:500 | Market |
AvaTrade.com is an award-winning online broker, in business since 2006. Trade CFDs on one of the widest possible range of instruments and asset classes. AvaTrade accepts all Expert Advisors on MetaTrader 4 and 5, except those with a focus on arbitrage.
- Risk warning: 77.82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MT4, MT5, Copy trading
- Regulators: Australia, BVI, Cyprus (EU) , Gibraltar, Israel, Japan, South Africa, UAE
$100 | 1:400 | Instant |
$100 | 1:30 | Instant |
$100 | 1:400 | Instant |
$100 | 1:30 | Instant |
$100 | 1:400 | Instant |
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Unbiased Reviews
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Skrill is an electronic wallet: register your bank or card details with Skrill and use your Skrill Wallet to spend money online or in the real world. You can also send money from your Skrill Wallet to anyone with an email address, a mobile wallet or a bank account.
Forex deposits and withdrawals
Skrill is a popular way for Forex traders looking to deposit and withdraw to and from their online trading accounts.
- Deposits to a Skrill Wallet: Skrill to skrill money transfers, between your Skrill account and that of your broker are free if you have funded your Skrill Wallet through a card payment or a bank transfer. A charge will apply if you have never deposited money into your Skrill account or have deposited via NETELLER, paysafecard or BitPay.
- Deposits to a bank account: international transfers are free, subject to a 3.99% currency conversion fee, added to the market exchange rate. Domestic transfers (defined as transfers that start and end in the same country) are subject to a fee up to 2%. See a breakdown of Skrill's fees.
- Withdrawals: receiving money into your Skrill Wallet is always free of charge.
Importantly, you'll need to check whether your chosen broker charges fees for deposits or withdrawals. FxPro.com charges no fees for Skrill deposits or withdrawals, helping you keep costs to a minimum. Others, like HFM.com, will cover any deposit fees you incur upon request.
Cost considerations aside, electronic payment methods like Skrill are significantly faster than traditional bank transfers. Most brokers process Skrill deposits into your trading account within 24 hours, where bank transfers can take up to 7 business days to clear. Some, like FxPro.com, aim to fund your account in as little as 10 minutes.
If you are looking to deposit large sums of money, in the tens of thousands, you may need to check funding limits with Skrill and your broker. For example, eToro imposes a US$ 10,000 limit on Skrill, NETELLER and PayPal deposits, but no such cap on bank transfers. However, this need not be a consideration for you if you are looking to invest under US$ 10,000.
How to fund your Skrill account
Skrill supports over 200 funding methods, most of which are free. It's free to fund your Skrill Wallet through a debit card, credit card or a local bank transfer. A 1% fee applies to Bitcoin, NETELLER and Paysafecard deposits.
How to withdraw money from your Skrill account
Skill supports withdrawals to local and international bank accounts for a GBP 4.89 fee (EUR 5). However, circumstances may arise when it offers no domestic withdrawal options - this is the case in Bahrain, Kuwait, China and other countries. For this reason, we suggest opening a free account with Skrill to review your withdrawal methods. If Skrill isn't for you, close the account to avoid inactivity fees that would otherwise arise within 12 months.
This review wouldn't be complete without touching on Skrill's Prepaid Mastercard. Spend or withdraw your Skrill funds anywhere that Mastercard® is accepted. This includes millions of ATM as well as online merchants and physical stores. Your prepaid debit card requires no credit checks and offer privacy benefits as it isn't linked to your bank account. Visit Skrill.com to get started.
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