Since 2011, we’ve traded with and reviewed over 200 brokers worldwide. To find the best brokers accepting Skrill for you, we’ve dedicated over 50 hours per broker, exploring more than 250 factors across 9 key areas. We’ve then compared them to identify the top performers in various categories. With decades of combined experience, our team of trading experts provides reliable and trusted opinions.
In the ever-dynamic world of Forex trading, flexibility is key. Whether it’s leveraging positions or scouting the most effective trading strategies, traders are always looking for that extra edge. And when it comes to deposit and withdrawal options, Skrill emerges as a frontrunner – a fast, secure, and cost-effective solution. By combining Skrill’s trustworthiness with the nuances of forex trading, traders get a smoother experience. This means quicker payments and easier management of their funds.
To find the best brokers with Skrill we employed our 11 years of experience together with our unique methodology, which involves an in-depth analysis of over 250 factors across key nine categories. Recognizing the diverse needs of traders, we have broken down this list into primary categories for ease of navigation and better understanding.
*82% of retail CFD accounts lose money.
Our team of experts has identified each broker’s strengths and weaknesses using FX Empire’s comprehensive methodology. I subsequently used my 16 years of forex trading experience to examine and analyze all our findings, resulting in the selection of the best Skrill forex brokers across various categories. You can read more about it and how we conduct our tests here.
Now, let’s explore the selected brokers.
FP Markets has earned its reputation as a stalwart in the online trading arena, and it's easy to see why. Launched in 2005 with its headquarters in Australia and a global footprint, the broker provides traders with a selection of over 800 financial instruments across diverse markets. Coupled with top-notch order execution and regulations of CySEC, ASIC, and FSCA, FP Markets offers a compelling package of benefits for traders.
Skrill Features:
My research indicated that FP Markets provides a wide range of tradable instruments, including a huge stock offering, which is available via an IRESS account. The IRESS platform is a powerful tool for professional traders that provides access to thousands of stocks and offers extensive technical analysis capabilities. Besides that, broker’s clients also have access to the popular MetaTrader 4, MetaTrader 5, and cTrader. Furthermore, FP Markets offers VPS hosting, which is important for algorithmic traders.
During my test, I discovered that FP Markets offers mid-to-low spreads compared to the broader industry. For example, EUR/USD spreads typically fall between 1.0 and 1.2, while GBP/JPY spreads range from 1.5 to 1.9. The broker does not charge an inactivity fee.
Operating under stringent regulatory oversight, Plus500 offers traders peace of mind along with competitive spreads. Founded in 2008, the broker has multiple regulations, including CySEC, FCA, and MAS, and is listed on the London Stock Exchange. Plus500 has created one of the most user-friendly platforms on the market and offers trading in forex, commodities, stocks, indices, ETFs, and cryptocurrencies (availability subject to regulation).
Skrill Features:
Plus500 has developed an in-house WebTrader Platform, which offers a pleasing layout, easy-to-understand order entry, and robust charting tools. Traders can use over 100 technical indicators, as well as classic drawing tools like Fibonacci retracement levels. In addition to the web-based platform, Plus500 created a mobile app, which is available for iOS, Android, and Windows.
Positional traders are likely to appreciate the +Insights analytical tool provided by Plus500. It shares data on what traders at Plus500 are buying and selling, allowing users to gauge market sentiment. I find this tool provides highly valuable insight.
When it comes to fees, our analysis shows that Plus500 offers a range of pricing, from moderate to highly competitive, depending on the trading instrument you choose. For instance, we observed that the spreads for the EUR/USD pair stood at a relatively narrow 0.8, which is relatively tight (spreads are dynamic and subject to change).
Founded in 2008, Exness is a well-rounded broker that is regulated by multiple authorities, including FCA, CySEC, and FSCA. Exness offers trading in currency pairs, indices, cryptocurrencies, stocks, and commodities. With its intuitive proprietary platform, Cent account, and insight, it could be a good choice for novice traders.
Skrill Features:
In my opinion, Exness established a good approach to teaching trading. It provides strong educational support, including courses, articles, and videos, from which beginners can easily embrace the basics of trading. In addition, Exness has a low minimum deposit of just $10, which makes it easy to start the trading journey.
Our test showed that Exness offered fairly competitive spreads in the standard accounts. For example, EUR/USD spreads were in the 0.8–1.0 range, while GBP/JPY spreads were 2.0. The broker offers several trading platforms. Clients can choose between the popular MetaTrader 4 and MetaTrader 5 and the proprietary Exness Terminal platform with a more user-friendly interface. Features like watchlists, one-click trading, and trading from the chart can help beginners to make their first trades with Exness Terminal.
Founded in 2012, RoboMarkets is a European broker regulated by top-tier CySEC and BaFin. It offers trading in a wide range of markets, including over 12,000 stocks, ETFs, and CFDs on stocks and ETFs via its specialized R StocksTrader account.
Skrill Features:
While deposits via Skrill are totally free, RoboMarkets charges 1% commission for withdrawals. Talking about trading platforms, RoboMarkets offers the popular MetaTrader 4 and MetaTrader 5 platforms, as well as the in-house R StocksTrader platform and RoboMarkets Terminals. Traders can choose between several types of accounts, which include spread-based and commission-based accounts.
My tests showed that RoboMarkets’ spreads were low to medium for the instruments I measured. For example, the spread for EUR/USD at the RoboMarkets R Stocks Trader account was 0.2, while for GBP/JPY varied between 1.7 and 1.8. Notable, that the broker does not charge inactivity fees.
FX Empire, with a history dating back to 2010, has established itself as a reputable authority in broker reviews. Our extensive experience in evaluating CFD brokers, spanning over a decade, has led us to develop a meticulous and comprehensive review strategy. Adhering to stringent guidelines for editorial integrity, we consistently uphold our commitment to deliver unbiased evaluations.
We follow a diligent protocol for our review process, integrating objective criteria and quantifiable data. This methodical approach allows us to generate a justified score that accurately reflects the performance of a broker. Our mission is to provide traders with thorough and unbiased reviews, empowering you to make well-informed decisions aligned with your specific needs.
To choose the best brokers for you, we rate them across nine categories and calculate a score that reflects their performance. The categories include:
We open accounts, test platforms, measure spreads, and chat with support teams to collect as much data as possible for each broker. Overall, we evaluate brokers based on more than 250 distinct data points. Every category receives a rating from one star (weak) to five stars (excellent). The broker’s total score depends on its performance in each of these nine categories.
We highlight each broker’s strengths and weaknesses, explain regulatory details, and share the results of our live tests of brokers’ fees, customer support, and trading platforms. To learn more about our review process, click here.
For this guide, we included only the brokers that support both deposits and withdrawals via Skrill, eliminating any deposit and withdrawal commissions. Diversity of choice is crucial, so we also favored brokers that offer multiple currency options for Skrill transactions. Speed is of the essence in trading, prompting us to lean towards brokers with minimal Skrill transaction times.
Additionally, we ensured all selected brokers were overseen by top-tier regulatory bodies, offering traders a high level of protection. We zeroed in on brokers that generally offer low fees, encompassing spreads, commissions, swaps, and other non-trading costs. Last but certainly not least, the quality of the trading platform played a significant role in our assessment. We prioritized brokers providing platforms that are both user-friendly and rich in features.
The team of forex and CFD writers and editors at FX Empire is composed of trading industry professionals and seasoned financial journalists. Our writers have been published on leading financial websites such as Investopedia and Forbes. In addition, they all have extensive trading experience.
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.
Use our guide to define the best-suited forex broker that accepts Skrill deposits and withdrawals according to your trading goals.
The process of choosing a broker begins with learning where your potential broker is regulated. Brokers that offer Skrill for deposits and withdrawals are regulated by top-tier regulators, as well as offshore regulators. In our research, we divide regulators into three tiers: Tier-1, Tier-2, and Tier-3.
Read more about best CySEC-regulated brokers and best BaFin-regulated brokers.
Traders should prioritize essential safeguards such as negative balance protection, segregated funds, and compensation funds, all of which offer reassurance in case of financial issues. Traders should note that offshore regulators do not impose strict limits on leverage, allowing traders to access high levels of leverage but offer lower levels of protection. You should be aware that compensation schemes may not be available. Consequently, if a broker faces financial difficulties, traders will have to navigate the situation independently.
Read more about Best regulated forex brokers.
Typically, brokers charge spreads, commissions, swap/rollover fees, and inactivity fees.
The spread is the difference between the bid and the ask price. The higher the spread, the more you pay for the trade. In our rating system, we deem spreads below 1 pip for EUR/USD and 3 pips for GBP/JPY to be low.
Check out our list of Best lowest spread forex brokers.
It’s crucial to understand the difference between various types of accounts.
Read more about Best forex demo accounts, Best ECN forex brokers, and Best Islamic forex accounts.
Typically, most brokers offer access to MetaTrader 4 and/or MetaTrader 5. Those are sophisticated platforms with a variety of tools tailored mainly for experienced traders. Hence, beginners may need to spend some time learning the ropes.
Some brokers have also developed their own in-house trading platforms. These platforms are usually tailored to the needs of traders at various experience levels. They are easy to navigate and simple to use.
The choice of trading platform largely depends on personal preferences and trading experience. In my opinion, for novice traders, it’s better to start with a user-friendly platform or a mobile app, whereas experienced traders would often prefer MT4/MT5.
Check out our dedicated guides on best forex platforms, best MT4 brokers, and best MT5 brokers.
Leverage provides traders with the opportunity to boost their profits through the use of borrowed funds. The higher the leverage, the greater your potential profits may be. However, leverage can be a double-edged sword, as it can also magnify potential losses. Thus, I would advise beginners to start with low levels of leverage to avoid the risk of substantial losses.
The maximum potential leverage a broker can offer is determined by the regulator. Skrill forex brokers have entities that are regulated by offshore regulators that do not impose specific limits on leverage for retail clients. Thus, the leverage can be as high as 1:3000. Note that it’s necessary to consider your risk tolerance and trading strategy before engaging in high-leverage trading. Additionally, traders should be aware that offshore regulators offer fewer protections.
Read more about Best high-leverage forex brokers.
Based on my trading experience, I have outlined the five things to avoid when choosing a broker:
To safeguard yourself against forex scams, follow these essential guidelines:
In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.