At InvestinGoal, we adhere to strict standards to ensure an unbiased review process. We conduct our reviews by examining each broker’s offering and performance across 4 key categories. A final rating is produced for each forex broker based on a total of 187 data points. Learn more about our review process and methodology.
In this article we have included forex brokers that accept the payment method Skrill.
To compile the list of brokers we have taken into consideration a range of factors:
- Skrill deposit and withdrawals fees from the broker
- Time of processing for both Skrill deposits and withdrawals
- Skrill minimum / maximum deposit with the broker
- Skrill minimum / maximum withdrawal with the broker
- Account base currencies accepted for making a payment with Skrill.
Table of Content
Round-Up
WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money
SKRILL FOREX BROKERS | SKRILL DEPOSIT FEE | SKRILL DEPOSIT PROCESSING TIME | SKRILL WITHDRAWAL FEE | SKRILL WITHDRAWAL PROCESSING TIME |
---|---|---|---|---|
eToro | $0 | Instant | $5 | Up to 2 business days |
AvaTrade | $0 | Up to 24 hours | $0 | Up to 24 hours |
XM | $0 | Instant | $0 | Up to 24 hours |
IC Markets | $0 | Instant | $0 | Up to 3-5 business days |
easyMarkets | $0 | Instant | $0 | Up to 1 business day |
NAGA | $50 | Instant | From $0 to $5 | Up to 24 hours |
HF Markets | $0 | Up to 10 minutes | $0 | Instant |
FXCM | $0 | Up to 24 hours | $0 | Up to 2 business days |
ActivTrades | $0 | Up to 30 minutes | $0 | Up to 48 hours |
FXTM | $0 | Instant | $0 | Up to 24 hours |
Review
1. eToro
- eToro clients who want to use Skrill will find a minimum deposit requirement from $50 depending on location.
- The minimum eToro withdrawal amount requested is $30.
- No fees from eToro’s part on Skrill deposits but eToro charges a $5 fee on Skrill withdrawals.
- With eToro, the processing time is instant for Skrill deposits, while it can take up to a couple of business days for Skrill withdrawals.
- eToro’ account base currency is USD, so with any other currency used you will get charged a conversion fee from eToro from 50 pips depending on the base currency. eToro accepts AUD, GBP, and EUR for Skrill payments.
- Skrill applies a 3.99% currency conversion rate.
Visit eToro
(79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money)
2. AvaTrade
- AvaTrade’s EU and Australian traders cannot use Skrill as one of their payment methods.
- AvaTrade requires a minimum Skrill deposit of $100.
- Fee-free from AvaTrade’s part on both Skrill withdrawals and deposits.
- The Skrill deposits and withdrawal processing time is up to 24 business hours.
- Base currencies may depend on your location, but majors like USD, EUR, GBP, AUD, ZAR, and CHF are typically available.
- Skrill charges a currency conversion fee of 3.99%.
Visit Avatrade
(79% of retail CFD accounts lose money)
3. XM
- XM does not charge any fee for Skrill deposits and withdrawals.
- The minimum amount required for deposits and withdrawals is $5.
- Usually, XM Skrill deposits have an instant processing time.
- XM Skrill withdrawals take up to 24 hours to be processed.
- For Skrill payments, USD and EUR base currencies are typically available everywhere. Then there are less common base currencies like SGD, JPY, or ZAR: the availability depends on your location.
- Skrill expects a currency conversion fee of 3.99%.
Visit XM
73.57% of retail CFD accounts lose money
4. IC Markets
- Both Skrill deposits and withdrawals are fee-free from IC Markets’ part.
- IC Markets allows you a maximum Skrill deposit or withdrawal of up to $70,000.
- Skrill deposits are processed instantly, while withdrawals may take longer (up to 3 business days) but are instant once they are processed.
- The base currencies accepted by IC Markets are USD, EUR, GBP, AUD, JPY, and SGD. Availability depends on your location.
- A currency conversion rate of 3.99% is charged by Skrill.
Visit IC Markets
(74-89% of retail CFD accounts lose money)
5. EasyMarkets
- Skrill with easyMarkets is not available in many countries in Africa and Asia.
- Both Skrill deposits and withdrawals with EasyMarkets are fee-free from the broker’s side.
- There is no minimum requirement for Skrill withdrawals with EasyMarkets.
- The processing time for Skrill deposits with easyMarkets is instant, while withdrawals typically take 1 working day.
- There are many accepted base currencies, including USD, EUR, and GBP. Remember the availability of base currencies depends on your location.
- Please note that Skrill expects a currency conversion rate of 3.99%.
Visit EasyMarkets
75% of retail CFD accounts lose money
6. FXTM
- FXTM allows their Skrill clients use of the Skrill VIP program. The perks include deposit charges being covered by FXTM, your own personal Skrill Account, a free Skrill Prepaid Mastercard, and fast verification of deposits. The program may not be available for all clients.
- FXTM does not charge a fee for Skrill deposits and withdrawals.
- With FXTM, Skrill deposits are instant, while withdrawals take 24 hours to be processed.
- FXTM’s accepted base currencies are EUR, USD, PLN, GBP, and CZK, with availability depending on your location.
- Skrill charges a currency conversion rate of 3.99%.
Visit FXTM
81% of retail CFD accounts lose money
7. NAGA
- The minimum deposit recommended by NAGA when using Skrill is $250.
- When making a Skrill deposit, you won’t get charged any fee from NAGA.
- Skrill deposits’ time of processing is almost instant.
- The minimum withdrawal amount recommended when using Skrill is $50.
- Withdrawals fees can be from 0 to $5 based on your NAGA VIP User Level.
- Skrill withdrawal processing time is up to 24 hours.
- Base currencies provided by NAGA are typically EUR, PLN, GBP, and USD, though the availability may depend on your location.
- Skrill charges a currency conversion fee of 3.99%.
Visit NAGA
(80.85% of retail CFD accounts lose money)
8. HF Markets
- HF Markets provides Skrill as one of their payment methods.
- The minimum Skrill deposit a HF trader can make is $50 while the maximum deposit is $10,000.
- No deposit fees from HF Markets are charged on Skrill deposits and these can be processed within 10 minutes.
- The minimum Skrill withdrawal a HF client can make is $5.
- No withdrawal fees from HF Markets are charged on Skrill withdrawals and these are processed instantly.
- Typically the account base currencies available are USD, EUR, NGN, AR, GBP, and JPY, though availability depends on the account type and on your location.
- Keep in mind the currency conversion rate of 3.99% applied by Skrill.
Visit HF Markets
(71.04% of retail CFD accounts lose money)
9. FXCM
- With FXCM you can make a Skrill minimum deposit of $50 and a maximum of $20,000.
- FXCM does not charge a fee on Skrill deposits.
- The processing time for Skrill deposits is 1 business day.
- Skrill with FXCM is also available for withdrawals. You will have to make a request via email to admin@fxcm.com to proceed with the withdrawal.
- No withdrawal fees charged on FXCM’s part.
- The processing time for Skrill withdrawals can be up to a couple of business days.
- Account base currencies accepted for Skrill payments are EUR, USD, and GBP for EU clients, while USD is the one available for International clients.
- A currency conversion rate of 3.99% is charged by Skrill.
Visit FXCM
71% of retail CFD accounts lose money
10. ActivTrades
- ActivTrades clients who will use Skrill will find fee-free deposits and withdrawals from the broker’ side.
- Skrill deposits have a processing time of 30 minutes with ActivTrades.
- Skrill withdrawals have a processing time from 24 to 48 hours with ActivTrades.
- The base currencies supported for Skrill payments by ActivTrades are generally EUR, GBP, and USD among the others, with availability depending on your location.
- Keep in mind the currency conversion rate of 3.99% applied by Skrill.
Visit ActivTrades
75.7% of retail CFD accounts lose money
About The Author