Skrill Forex Brokers are FX brokers that allow their clients to use the Skrill e-wallet for depositing and withdrawing funds.

Skrill is a very popular online payment system, which provides each user with an e-wallet and speeds up internet transactions. The electronic wallet has coverage to more than 200 countries and allows sending and receiving payments in over 40 different currencies worldwide. Skrill users can use their debit or credit card to deposit and withdraw money from their active account. Other similar payment systems are Neteller, Webmoney and PayPal.

Skrill Forex Brokers List

With most online payment systems, there are various FX brokers who utilize Skrill as a payment method. These Forex brokers include: Plus500, XTB, and OctaFX.

Broker
Description
Trade Now
Octafx
OctaFX
Regulation: CySec
Min. Deposit: $/€/£ 5
Leverage: 1:500
Spreads: Low as 0.4 pips

Review


FP Markets
FP Markets

Regulation: ASIC, CySEC
Min. Deposit: $/€/£ 100
Leverage: 1:500
Spreads: Ultra Tight from 0.0 pips

Review


NSBroker
NSBroker
Regulation: MSFA, BaFin, FCA,
Min. Deposit: $250
Leverage: 1:100
Spreads: Low as 1.2 pips

Review
XM
XM
Regulation: CySEC,FCA,ASIC
Min. Deposit: $/€/£ 5
Leverage: 1:500
Spreads: Low as 0.1 pips

Review
Avatrade
Avatrade
Regulation: ASIC,JFSA,FSCA
Min. Deposit: $/€/£ 250
Leverage: 1:400
Spreads: Floating from 1 pip

Review


IC Markets
IC Markets
Regulation: ASIC
Min. Deposit: $/€/£ 200
Leverage: 1:500
Spreads: Low as 0.0 pips

Review


Etoro
Etoro
Regulation: CySEC,FCA,ASIC
Min. Deposit: $/€/£ 200
Leverage: 1:30
Spreads: Variable

Review

XTB
XTB
Regulation: FCA
Min. Deposit: $/€/£ 250
Leverage: 1:30
Spreads: Low as 0.1 pips

Review


IQOption
IQOption


Regulation: CySec
Min. Deposit: $/€/£ 10
Leverage: 1:1000
Spreads: Floating from 1 pip

Review


OlympTrade
OlympTrade
Regulation: IFC
Min. Deposit: $/€/£ 10
Leverage: 1:500
Spreads: Low as 0.0 pips

Review
Globex360
GlobeX360
Regulation: FSCA
Min. Deposit: No min Deposit
Leverage: 1:500
Spreads: Low as 1.6 pips

Review

 What is Skrill?

Skrill, previously known as MoneyBookers, is an online payment and funds transfer provider that offers easy and safe virtual payment transactions. It has mentioned to serve commercial users of all types, along with individuals on their personal funds. This online payment provider has been operating since 2001, with its primary objective of international funds transfers at a low cost through the World Wide Web. It has an online, electronic wallet that allows users to secure and transfer money, along with using it as a secure payment method for various websites.

Skrill is founded and executed by Skrill Limited, which is a UK-based firm that registered as a Money Service Business. It is regulated by the Financial Conduct Authority (FCA), and it has the license to execute operations in the European Economic Area (EEA). The accounts of Skrill FX brokers are allowed to operate in one of the forty available currencies on the platform, with the option of adding more currencies to the active account later on. Users will be able to purchase a prepaid card from Skrill that is connected to their live account, in the following four currencies: USD, EUR, GBP, and PLN.

Skrill FX brokers allow traders to execute funds transactions through Skrill, through an online platform.

 

Pros of Skrill FX Brokers

Skrill attains many attracting benefits that users find very accommodating and helpful, when using the online payment system. The first advantage is that the online payment method is very simple, and it is quick to process. All users are required to do is sign up on the website and they will have access to all the online services they want. Skrill provides users to reach audiences all over the world by its ability to deal with more than thirty currencies worldwide.

Another benefit that is considered on the plus side is that Skrill is secured and safe. Skrill offers the highest form of security and transparency in every action that the online payment secure system handles. All the private information for clients are secured and stored, in order to avoid any risks towards their users. Along with the protection of critical information, every transaction made by an account is tracked with an anti-fraud screening feature. The third benefit is that Skrill is accessible for anyone and everyone.

All you have to do is open an account on the Skrill website and sign up, and you’re good to go! Transactions can be done anywhere, especially with Skrill having a mobile application, making things on-the-go for their users. Another additional benefit is that it makes online shopping easier and faster. Most retail shoppers get easily bored, since they won’t be able to pay instantly, and move on to something else. With Skrill, they provide users with online purchases and instant payments; the platform is also helpful when it comes to online stores who want to gain virtual exposure to clients.