Best Skrill Forex Brokers 2022
Skrill is an excellent way to fund your forex trading account, but remember that not all brokers accept this payment method. Inside this article, we lay out the very best forex brokers in the market that accept Skrill. Our list is based on expert reviews and user ratings.
The Brokers below represent the best Skrill Forex Brokers
| Broker | Official Site | Regulations | Min Deposit | Max Leverage | Trading Platforms | Foundation Year | Publicly Traded | Trading Desk Type | Currencies | Commodities | Indices | Stocks | Crypto | offers promotions |
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 | Visit Broker> 77 % 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. | FCA, CySEC, FSC, CNMV in Spain, KNF | N/A | 1:30 (FCA), 1:30 (CySEC), 1:500 (FSC), 1:30 (CNMV in Spain), 1:100 (KNF) | MT4, xStation 5 | 2002 | Market Maker, STP | |||||||
 | Visit Broker> This material on this website is intended for illustrative purposes and general information only. It does not constitute financial advice nor does it take into account your investment objectives, financial situation or particular needs. Commission, interest, platform fees, dividends, variation margin and other fees and charges may apply to financial products or services available from FP Markets. The information in this website has been prepared without taking into account your personal objectives, financial situation or needs. You should consider the information in light of your objectives, financial situation and needs before making any decision about whether to acquire or dispose of any financial product. Contracts for Difference (CFDs) are derivatives and can be risky; When trading CFDs you do not own or have any rights to the CFDs underlying assets. FP Markets recommends that you seek independent advice from an appropriately qualified person before deciding to invest in or dispose of a derivative. A Product Disclosure Statement for each of the financial products available from FP Markets can be obtained either from this website or on request from our offices and should be considered before entering into transactions with us. First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFS Licence No. 286354). FP Markets is a group of companies which include, First Prudential Markets Ltd (registration number HE 372179), a company authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC License number 371/18, Registered Address: Griva Digeni, 109, Aigeo Court, 2nd floor, 3101, Limassol, Cyprus. FP Markets does not accept applications from U.S, Japan or New Zealand residents or residents from any other country or jurisdiction where such distribution or use would be contrary to those local laws or regulations. | ASIC, CySEC | $100 | 1:30 (ASIC), 1:30 (CySEC) | MT4, MT5, IRESS, WebTrader | 2005 | DMA, ECN, No dealing desk, STP | |||||||
 | Visit Broker> Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Product Disclosure Statement (PDS) can be obtained either from this website or on request from our offices and should be considered before entering into a transaction with us. Raw Spread accounts offer spreads from 0.0 pips with a commission charge of USD $3.50 per 100k traded. Standard account offer spreads from 1 pips with no additional commission charges. Spreads on CFD indices start at 0.4 points. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. | ASIC, CySEC, FSA(SC) | $200 | 1:30 (ASIC), 1:30 (CySEC), 1:500 (FSA(SC)) | MT4, MT5, cTrader | 2007 | ECN, No dealing desk | |||||||
 | Visit Broker> CFD Service, 79% of retail CFD accounts lose money. | FCA, ASIC, CySEC, FSCA, FMA, FSA, MAS | $100 | 1:30 (FCA), 1:30 (ASIC), 1:30 (CySEC), 1:30 (FSCA), 1:30 (FMA), 1:30 (FSA), 1:20 (MAS) | Plus500 | 2009 | No dealing desk | |||||||
 | Visit Broker> 82% of retail CFD accounts lose money | FCA, CySEC, FSC | $50 | 1:30 (FCA), 1:30 (CySEC), 1:3500 (FSC) | MT4, MT5, Proprietary | 2011 | No dealing desk, ECN, Market Maker |
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.
Here’s a list of The Best Skrill Forex Brokers
Note: Not all Forex brokers accept US clients. For your convenience we specified those that accept US Forex traders as clients.You can also visit our Stoke Brokers section.
XTB
Regulated by:FCA, CySEC, FSC, CNMV in Spain, KNF
Headquarters:Poland
Foundation Year:2002
Min Deposit:N/A
77 % 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.
XTB are a serious contender if you are looking for an online place to trade stocks. You can trade over 1500 global stocks as CFD’s, take advantage of negative balance protection and a commissions as low as 0.08%, plus a trading leverage of 5 times. The broker offers trading on the award winning xStation 5 platform and the Metatrader 4.
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FP Markets
Regulated by:ASIC, CySEC
Headquarters:Australia
Foundation Year:2005
Min Deposit:$100
This material on this website is intended for illustrative purposes and general information only. It does not constitute financial advice nor does it take into account your investment objectives, financial situation or particular needs. Commission, interest, platform fees, dividends, variation margin and other fees and charges may apply to financial products or services available from FP Markets. The information in this website has been prepared without taking into account your personal objectives, financial situation or needs. You should consider the information in light of your objectives, financial situation and needs before making any decision about whether to acquire or dispose of any financial product. Contracts for Difference (CFDs) are derivatives and can be risky; When trading CFDs you do not own or have any rights to the CFDs underlying assets. FP Markets recommends that you seek independent advice from an appropriately qualified person before deciding to invest in or dispose of a derivative. A Product Disclosure Statement for each of the financial products available from FP Markets can be obtained either from this website or on request from our offices and should be considered before entering into transactions with us. First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFS Licence No. 286354). FP Markets is a group of companies which include, First Prudential Markets Ltd (registration number HE 372179), a company authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC License number 371/18, Registered Address: Griva Digeni, 109, Aigeo Court, 2nd floor, 3101, Limassol, Cyprus. FP Markets does not accept applications from U.S, Japan or New Zealand residents or residents from any other country or jurisdiction where such distribution or use would be contrary to those local laws or regulations.
FP Markets is the brokerage arm of First Prudential Markets Pty Ltd, an Australian firm which was established in 2005. In over 14 years of brokerage operations, FP Markets has grown to become a foremost online forex and CFD broker.
The Head Office is located in Sydney, Australia. The brand has won multiple industry awards in areas like; customer service, trader education and trade execution. Here are some advantages of trading with FP Markets:
- Over 10,000 trading instruments to choose from.
- Modern trading platforms.
- Low spreads on forex currency pairs.
- Regulated brokerage conditions.
- Multilingual and efficient customer support
Pacific Financial Derivatives
.png "PFD")
Regulated by:FMA
Headquarters:New Zealand
Foundation Year:1999
Min Deposit:$0
Your Capital is at Risk
Pacific Financial Derivatives Ltd (PFD) is a global online broker that operates from Auckland in New Zealand. The broker was established in 1999 by an experienced Japanese investor who has a similar business in his native country. The brokerage offers Forex, indices and commodities for trading on its platforms. With many years experience in the business, PFD has become a globally established brand.
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IC Markets
Regulated by:ASIC, CySEC, FSA(SC)
Headquarters:Australia
Foundation Year:2007
Min Deposit:$200
Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Product Disclosure Statement (PDS) can be obtained either from this website or on request from our offices and should be considered before entering into a transaction with us. Raw Spread accounts offer spreads from 0.0 pips with a commission charge of USD $3.50 per 100k traded. Standard account offer spreads from 1 pips with no additional commission charges. Spreads on CFD indices start at 0.4 points. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
IC Markets was founded in Sydney, Australia, in 2007 and is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), as well as the Seychelles Financial Services Authority (FSA).
The broker offers three core trading accounts called Raw Spread (cTrader), Raw Spread (MetaTrader) and a Standard Account (MetaTrader). Spreads start from zero pips on the Raw Spread accounts with commission-payable. The Standard Account offers commission-free trading with spreads from just one pip. The broker also offers demo trading accounts and Islamic swap-free accounts.
While the broker offers services and features designed for both beginner and professional traders, the company promotes themselves as the ‘go-to’ choice for high volume traders, scalpers and trading algos due to their New York Equinix NY4 data centre – processing over 500,000 trades per day. The broker also offers additional trading features such as social trading integration with ZuluTrade and MyFXbook.
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Plus500
Regulated by:FCA, ASIC, CySEC, FSCA, FMA, FSA, MAS
Headquarters:Israel
Foundation Year:2009
Min Deposit:$100
CFD Service, 79% of retail CFD accounts lose money.
A UK FCA regulated firm Plus 500 is a subsidiary of Plus500 Ltd a company that is listed on the London Stock exchange. The company offers the trading of CFDs on shares, forex, commodities, ETFs, options and indices across a selection of technology including the Plus500 proprietary platform.
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FXTM
Regulated by:FCA, CySEC, FSC
Headquarters:Cyprus
Foundation Year:2011
Min Deposit:$50
82% of retail CFD accounts lose money
FXTM, short for ForexTime, is a platform with a primary focus on foreign exchange. That specialization allows it to rise above many others when it comes to Forex focused trading platforms and tools. CFDs are available on 50+ currency pairs including major, minor, and exotic pairs. Leverage is available up to 1000:1.
Spreads are competitive across all platforms with 24-hour trading open 5 days per week. FXTM is based in Cyprus and licensed by the International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission, and other regulators in and out of the EU.
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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 a 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.