Best Skrill Forex Brokers 2019
Pro Tip: Most of these brokers offer free demo accounts so you can test the brokers and their platforms with virtual money. Give it a try with some play money before using your own cash.
Note: Not all Forex brokers accept US clients. For your convenience we specified those that accept US Forex traders as clients.
XTB
Regulated By:BaFin, CNMV in Spain, CySEC, FCA, IFSC
Foundation Year:2002
Headquarters:Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom
Min Deposit:$0
Your capital is at risk
Your capital is at riskLibertex
Regulated By:CySEC
Foundation Year:2014
Headquarters:Gladstonos and Karaiskaki Street, off 31, Limassol 3032, Cyprus
Min Deposit:$10
Your capital is at risk
Your capital is at riskPlus500
Regulated By:ASIC, CySEC, FCA, FSB, ISA, MAS
Foundation Year:2008
Headquarters:Building 25, MATAM, Haifa, Israel
Min Deposit:$100
80.6% of retail CFD accounts lose money
80.6% of retail CFD accounts lose moneyFBS
Regulated By:CySEC, IFSC
Foundation Year:2009
Headquarters:N/A
Min Deposit:$1
Your capital is at risk
Your capital is at riskOctaFX
Regulated By:CySEC
Foundation Year:2011
Headquarters:Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
Min Deposit:$5
Your capital is at risk
Your capital is at riskFXTM
Regulated By:CySEC, FCA, FSC
Foundation Year:2011
Headquarters:FXTM Tower, 35 Lamprou Konstantara, Kato Polemidia, 4156, Limassol, Cyprus
Min Deposit:$10
90% of retail CFD accounts lose money
90% of retail CFD accounts lose moneySkrill Forex Brokers Comparison Table
| Broker | Rating | Official Site | Regulations | Min Deposit | Max Leverage | Trading Platforms | Foundation Year | Publicly Traded | Trading Desk Type | Currencies | Commodities | Indices | Stocks | Crypto | Commission on trades | Fixed spreads | offers promotions | Official Site |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 | 4.9/5 | Visit Broker> Your capital is at risk | BaFin, CNMV in Spain, CySEC, FCA, IFSC | $0 | 1:200 | MT4 | 2002 | STP | Visit Broker> Your capital is at risk | |||||||||
 | 3.7/5 | Visit Broker> Your capital is at risk | CySEC | $10 | 1:600 | N/A | 2014 | Market Maker | Visit Broker> Your capital is at risk | |||||||||
 | 4.3/5 | Visit Broker> 80.6% of retail CFD accounts lose money | ASIC, CySEC, FCA, FSB, ISA, MAS | $100 | 1:30 | Plus500 | 2008 | No dealing desk | Visit Broker> 80.6% of retail CFD accounts lose money | |||||||||
 | 4.4/5 | Visit Broker> Your capital is at risk | CySEC, IFSC | $1 | 1:3000 | MT4, MT5 | 2009 | ECN, No dealing desk, STP | Visit Broker> Your capital is at risk | |||||||||
 | 4.2/5 | Visit Broker> Your capital is at risk | CySEC | $5 | 1:500 | cTrader, MT4, MT5 | 2011 | ECN, STP | Visit Broker> Your capital is at risk | |||||||||
 | 4.2/5 | Visit Broker> 90% of retail CFD accounts lose money | CySEC, FCA, FSC | $10 | 1:30 | MT4, MT5 | 2011 | ECN, STP | Visit Broker> 90% of retail CFD accounts lose money |
What is Skrill?
Skrill is a money transfer service which makes simple, quick, and secure digital payment transfers. Formerly known as “Moneybookers”, they’ve served businesses of all sizes, and personal endeavours with their payment services since 2001. Skrill’s focus is on low cost international money transfers made possible through the internet. It’s an online wallet where you can store funds, transfer funds, and use it as a payment method for a variety of websites.
Why use Skrill as Your Deposit/Withdrawal Method?
The use of Skrill to deposit and withdraw funds in your forex account can be a beautiful thing. It is fast, easy, and secure. Skrill can be hooked up directly to your bank account, so once transferred into your Skrill account you have the option to hold it or transfer to your bank account. All your credit card and account details are stored with Skrill all in one place, so the only information you need to transfer, is your username and password- a lot less hassle. Also as a VIP member you can reap the benefits they offer, such as a security token, multiple currency accounts, and loyalty points.
Benefits of Choosing a Broker that Accepts Skrill
Brokers who accept Skrill have a great deal of benefits. For instance, the transaction speeds with many forex brokers accepting Skrill is generally instant. Having the ability to withdraw profits or make payments is an important benefit with Skrill forex brokers. Another benefit, many forex brokers accepting Skrill give their customers special discounts and bonuses. In addition to this, Skrill also offers promotions and discounts with various brokers as well. Another important benefit, there are a large amount of forex brokers accepting Skrill, which gives you more options to whey in on when choosing the perfect broker for you.
How To Pick A Decent Broker With Skrill?
There are many brokers who use Skrill, but not all of them are the same. So how do you choose which one is right for you and your trading strategy? Well first off, like choosing any kind of broker you must research and look into the rules and regulations. It is important to understand the deposit and withdrawal options. In some cases, companies claim to accept Skrill, but only accept card payments through Skrill’s payment gateway. Also, as mentioned earlier, it is important to know what kind of special offers, promotions, and discounts brokers and Skrill might be offering.
Skrill Chargeback on Broker Account
As far as chargebacks go, Skrill doesn’t have the best reputation. Not like PayPal, or credit cards anyways. A successful chargeback is somewhat of a rare instance and requires sufficient amount of proof on your part. Skrill doesn’t really support chargebacks, and will not go out of their way to complete them. However it is possible with the right evidence of a fraudulent transaction, but they will not cater to you like Paypal and credit card companies.
Conclusion
So what is certain is that Skrill is a highly efficient and inexpensive way to fund a trading account. Based on the above factors we have compiled a list of the very best and most reliable orex brokers that accept this payment method.