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 Best Skrill Forex Brokers in 2022 List
Here’s a list of The Best Skrill Forex Brokers
- FXTM – Globally Licensed & Regulated
- Fxpro – The World’s No.1 Online Forex (FX) Broker
- Plus500 – Online CFD Trading | Trading the Markets
- XM – Offers Clients A User-friendly App
- Pepperstone – Award-winning Global FX And CFD Broker
- Fp Markets – Forex & CFD Trading Provider
- AvaTrade –Regulated broker | Forex & CFD trading
- XTB – Leading European FX & CFDs Brokerage Group
1. FXTM – Globally Licensed & Regulated
FXTM Is A Global Leader In Online Financial Trading And Investing, Offering FX, Indices, Commodities, And More.FXTM Offers Support For Both The MT4 And MT5 Platforms In Addition To Its Proprietary FXTM Trading App, And A Wide Range Of Trading Tools, Including A VPS Hosting Service.
FXTM Is An Established And Award-winning Market Maker/ECN Broker Offering Trading On Forex, Commodities, Metals, Stocks, And Indices. FXTM’s Trading Costs Are Higher Than Average On Its Two Commission-free Accounts, With Spreads Starting At 1.5 Pips On The EUR/USD. However, Trading Conditions Improve Significantly On Its Advantage Account, With Spreads Starting At 0 Pips On The EUR/USD In Exchange For A Reasonable Commission, But A High Minimum Deposit Of 500 USD.
FXTM Offers Support For Both The MT4 And MT5 Platforms In Addition To Its Proprietary FXTM Trading App, And A Wide Range Of Trading Tools, Including A VPS Hosting Service.
FXTM Excels In Its Education And Market Analysis Sections, With A Good Overview Of Forex Trading In Its Guides And Tutorials. In Addition, Its Daily Market Analysis Will Help Beginners Understand The Real-world Implications Of News Events On The Forex Market And Where Trading Opportunities Lie. Beginner Traders Will Also Benefit From FXTM’s Unique Copy Trading Platform, Which Allows Traders To Copy The Trades Of Strategy Providers.
When it comes to the actual trading itself, eToro users have access to ProCharts, a cutting-edge technical analysis tool that allows for different indicators to be shown simultaneously. Traders can have the charts of multiple instruments open and quickly trade among them.
| Forex Pairs | – |
| Max Leverage | 2000:1 |
| Pricing | From $0.40 To $2 Per $100K Notional Value |
| Spreads | From 1.5 |
| Skrill Deposit Fee | 1.9% |
| Trading Platforms | Metatrader4, Metatrader5 And Mobile Trading App |
2. Fxpro – The World's No.1 Online Forex (FX) Broker
FxPro Is A Reliable Broker Company That Offers Market Access To All Traders, Regardless Of Their Level Of Knowledge And Experience. Broker's Clients Are Protected From Negative Balance; Their Activities Are Carried Out In Comfortable Conditions And With Competent Professional Support.
FxPro Competes Among The Top MetaTrader Brokers, Featuring Multiple Account Options And Various Execution Methods. It Provides Its Own Proprietary FxPro Edge App – Though It Isn’t Yet Available For Mobile – Alongside Access To The BnkPro App (which Isn’t Yet Available In All Regions).
The FxPro Broker Was Registered In July 2006 In Cyprus. The Company’s Activities Are Licensed By Financial Regulators: CySEC (Cyprus), Bahamas SCB, FCA (UK), And South African FSCA. FxPro Is Successfully Operating In More Than 170 Countries For Retail And Institutional Clients. The Broker Has Received More Than 85 Awards, Including “Best Forex Trading Platform” And “Best Trading Platform”. FxPro Has Become Known For Providing The Best Trading Tools. With FxPro Broker, Traders Can Trade More Than 70 Currency Pairs, Futures And Stocks (Twitter, Apple, Google). The Company Has Stock Indices, Metals And Energy Resources At Its Disposal. FxPro Sets High Safety Standards With The Client’s Funds Being Kept In Large International Banks. They Are Insured And Separated From The Broker’s Equity.
There are two account types to choose from with XTB: Standard and Swap Free. Both offer 0% commissions, up to 1:500 leverage, and multi-asset trading. The latter has a slightly larger minimum spread at 0.7 pips while the former starts at just 0.5 pips. More XTB features and details can be found below.
| Forex Pairs | 70 pairs |
| Max Leverage | 30:1 |
| Pricing | 15 USD Per Month |
| Minimum Deposit | $100 |
| Skrill Deposit Fee | 1.9% |
| Trading Platforms | MT4 ,MT5 And Ctrader |
3. Plus500 – Online CFD Trading | Trading the Markets
Plus500, A Trademark Of Plus500 Ltd, Is A Company Who's Principal Activity Is Offering Online Trading In Contracts For Difference, Known As (CFDs), Delivered Through A Proprietary Trading Platform Via The Web And Other Electronic Channels.
Founded In 2008, The Israel-based Company Operates Via Several Subsidiaries Throughout Europe And The Asia-Pacific Region And Is Registered With The Relevant Regulatory Authorities. Like Many CFD Brokers, Plus500 Does Not Accept U.S. Traders. The Company Does Offer A New Platform, TradeSniper, For Trading Futures. This Platform Is Available To U.S. Traders.
Plus500 Ltd (PLUS.L) Is A Publicly Traded Company That Has Been Listed On The London Stock Exchange (LSE) And Is A Member Of The FTSE 250. Plus500UK Ltd., A U.K.-based Company With Its Offices Located In The City Of London, Is Authorized And Regulated By The Financial Conduct Authority (FCA #509909). Plus500 Ltd., The Parent Company, Is Headquartered In Haifa, Israel.
Plus500 Is For The Individual That Seeks Access To A Wide Range Of Financial Markets With Low Trading Costs And A Simple, Functional Platform On Which To Place Their Trades. Plus500 Offers Over 2,800+ CFDs On Its Trading Platform With Competitive Spreads And No Commissions.
| Forex Pairs | 60 |
| Max Leverage | 1:30 |
| Pricing | 31 Fee Of 0.00051 USD Per Million |
| Spreads | 0.6 pips |
| Skrill Deposit Fee | 1.9% |
| Trading Platforms | Web Terminal |
4. XM – Offers Clients A User-friendly App
The XM VPS Allow Its Clients To Gain Access To Their Own Virtual Private Server Located In The Same Vicinity As XM’s London Data Center, Providing Unparalleled Execution Speed Regardless Of Their Own Internet Connection, Location, Or Access To Power. This Cuts Out The Extraneous Factors That Could Impact Trading, But This Feature Is Only Available For Account Holders With A Minimum Total Balance Of $500 And Volume Of 2 Lots Or 200 Micro Lots In Turnover Per Month. Free VPS Requirements Can Vary For Each Entity Of The XM Group.
To Serve Users From More Than 190 Countries, XM Has Pursued Regulation From The Relevant Financial Authorities. Currently, XM Operates With Licensing From Australian, Cyprus, Belize And Dubai Regulators: ASIC, CySEC, FSC And DFSA Respectively. These Institutions Ensure That XM Maintains Complete Liability For Its Customers And Remains Accountable To Them. Part Of Its Obligation Involves Keeping Customer Funds Secure. This Is Accomplished By Segregated Funds Storage At Tier 1 Banks Exclusively.
XM Group Is A Group Of Online Regulated Brokers. Trading Point Of Financial Instruments Ltd Was Established In 2009 With Headquarters In Limassol, Cyprus And Is Regulated By CySEC With License Number 120/10. Trading Point Of Financial Instruments Pty Ltd Was Established In 2015 With Headquarters Sydney, Australia And Is Regulated By ASIC With License Number 443670. XM Global Limited Was Established In 2017 With Headquarters In Belize And It Is Regulated By International Financial Services Commission (000261/158).
XM Group Forex Broker Has More Than 60 Currency Pairs To Trade With, While The Minimum Deposit Is Only 5 $, Which Makes It Quite Suitable For Beginners In Trading, Who Do Not Want To Risk Lots Of Money For Their First Steps On The Market. XM Group Offers 4 Type Of Accounts: Micro, Standard, Zero And Ultra Low.” Please Include The Following Note Regarding The XM Ultra Low Account Type: XM Ultra Low Account Is Not Applicable To All Entities Of The Group. Account Availability Depends On The Clients’ Country Of Residence. Demo Account Is Also Available For People, Who Are Not Sure Whether To Remain On The Website Before Testing Its Platform. There Are No Commissions Or Hidden Fees In Trading Activity On The XM Group Broker, While The Deposit And Withdrawal Payment Methods Are The General Standard Methods Such As Debit/credit Card, Neteller, Skrill, Bank Wire Transfer, Etc.
| Forex Pairs | 57 pairs |
| Max Leverage | From 1:1 To 1000:1 |
| Trading fees class | Average |
| Spreads | 0.0 pips |
| Skrill Deposit Fee | 1.9% |
| Trading Platforms | MT4, MT5, Multiterminal |
Best Skrill Forex Brokers Compared
Below is a table summary to help you compare the best Skrill Forex Brokers.
| Forex Brokers | Forex Pairs | Max Leverage | Pricing | Spread for EUR/USD | Skrill Deposit Fee | Trading Platforms |
|---|---|---|---|---|---|---|
| FXTM | 27 pairs | 1:2000 leverage | 0.4 – 2 USD per lot for Advantage accounts, 0% commission for Micro and Advantage Plus accounts | From 0.0 pips for ECN Prime account; From 1.5 pips for Mirco and Advantage Plus accounts | None | MT4, MT5, Webtrader |
| FXPro | 70 pairs | 1:200 for retail clients | Stocks, Commodities, Indices, Crypto,Futures | 1 pip | None | Proprietary platform, MT4, MT5, cTrader |
| Plus500 | 60+ pairs | 1:30 for retail clients | 0% commission | From 0.8 pips | None | Proprietary platform |
| XM | 57 pairs | 1:1000 leverage | None | Proprietary mobile app, MT4, MT5 | ||
| Pepperstone | Over 60 pairs | 1:200 for retail clients | $3.5 per lot for raw accounts, 0% for standard account | From 0 pips | None | TradingView, cTrader, MT4, MT5 |
| AvaTrade | 55 pairs | 1:400 for retail accounts | 0% commission | 0.9 pips | None | Proprietary App, MT4, MT5, WebTrader |
| IC Markets | Over 61 pairs | Up to 1:500 leverage | $3.5 per lot per side for Raw Spread account, 0% commission for Standard account | From 0 pips for Raw Spread account;From 0.6 pips for Standard account | None | WebTrader, MT4, MT5, cTrader. ZuluTrade |
| XTB | 48 pairs | 1:500 leverage | 0% commission | From 0.1 pips | 1% | Proprietary platform |
What is Skrill?
Skrill Is A Payment System From The UK With Headquarters In London. It Was Created In 2001. In 2015 Skrill Became A Part Of The Paysafe Group. The Financial Conduct Authority Regulates The Activity Of This Payment Company. Skrill’s Main Priority Is Money Transfer. Yet, Customers Can Make Payments Online.
Skrill Owns A Prepaid Card As Well As Gives An Opportunity To Run An E-wallet. The Prepaid Card Is Available In Four Currencies GBP, EUR, USD, And PLN. On Top Of That, Users Can Link A Bank Account To Make Payments Online.
Withdrawals Can Be Made In A Variety Of Ways And Vary In Fees. Some Of The Options Include:
• Bank Transfer
• Mastercard
• Wire Transfer
• Neteller
• Moneygram
• Web Money
• Fasapay
• Bitcoin
• Union pay
• Credit Card
• Visa
• Paypal
Benefits of Using a Skrill Forex Broker
Quick and Secure Fund Transfers
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.
Additionally, Transactions That Go Through The Neteller Payment Gateway Are 100% Guaranteed And Secured. Neteller’s Online Fraud Protection Is Pci Dss Compliant With Two Factor Authentication (2fa) Security, Zero Chargeback Risks, And Real Time Monitoring Of Transactions.
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.
There are zero fees for receiving payments from other Neteller accounts while sending money to other Neteller wallet holders costs just 2.99% of the transaction, minimum of $0.50.
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.
These benefits depend on the membership level of the client which rank at Silver, Gold, Diamond, and Exclusive.
Conclusion
Skrill Is Considered One Of The Best Digital Payment Service Providers As It Is Used Worldwide And Works On Both Mobile And PC. The Most Significant Usage Features Are Also Real-time Money Transfers Around The World, Without Significant Transfer Costs. Skrill Is Great For A Variety Of Online Purchases, As There Are Often Concerns About The Security Of The Charge When Using A Payment Card. When Using Skrill, You Do Not Have To Hand Over Your Payment Card Information Directly To The Merchant And This Is An Important Addition For Security Reasons.
Using Skrill’s Mastercard Also Works Carefree When Traveling Abroad, As It Can Be Used Like A Credit Card, For Example When Checking In At A Hotel. If The Card Is Lost And You Do Not Make It Easy To Repay Your Card On Time, You Will Only Lose The Funds You Had On Your Skrill Prepaid Debit Card. Skrill Is Also A Popular Payment Method For Invoicing Freelancer Jobs Between Different Countries, As Money Transfers Take Place Immediately And Are Not Charged When Funds Are Transferred To The Recipient’s Bank Account.
With Respect To Online Service Fees And Features, Information Is Limited; Use Is Not Recommended Without Contacting The Sales Team. Use Is Successful For Europeans, But U.S.-based Merchants Are Advised To Avoid It Or Use The Service Only After Contacting The Sales Team.
More Forex Broker's By Payment Methods
| Payment Methods | Brokers |
| Payeer | |
| MoneyGram | |
| MasterCard | |
| Fasapay | |
| Union Pay | |
| Wire Transfer | |
| Neteller | |
| Web Money | |
| credit Card | |
| Bitcoin | |
| Visa | |
| Paypal | |
| Bank Transfer |
More Forex Broker's That Accepts Skrill
| Country | Skrill Brokers |
| Malaysia | |
| Singapore | Singapore Forex Brokers Accepting Skrill |
| Australia | Australia Forex Brokers Accepting Skrill |
| Kenya | Kenya Forex Brokers Accepting Skrill |
| Nigeria | Nigeria Forex Brokers Accepting Skrill |
| Vietnam | Vietnam Forex Brokers Accepting Skrill |
| India | India Forex Brokers Accepting Skrill |
| UAE | UAE Forex Brokers Accepting Skrill |
Forex Brokers By Countries
| Country | Forex Brokers |
| Malaysia | Top Forex Brokers In Malaysia |
| Singapore | Top Forex Brokers In Singapore |
| Australia | Top Forex Brokers In Australia |
| Kenya | Top Forex Brokers In Kenya |
| Nigeria | Top Forex Brokers In Nigeria |
| Vietnam | Top Forex Brokers In Vietnam |
| India | Top Forex Brokers In India |
| UAE | Top Forex Brokers In UAE |
