Best Skrill Forex Brokers 2023

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.

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

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