Skrill is a digital wallet service that makes depositing funds to supported forex brokers fast, secure, and seamless. Using the best Skrill forex broker should help streamline positions, lower costs, and improve overall trading conditions.

In this guide, we’ll be reviewing the top forex brokers that accept Skrill payments by going through the pairs offered, spreads, pricing models, and other important broker features. We’ll also be comparing the brokers side-by-side. Let’s begin.

The Best Skrill Forex Brokers in 2022 List

The list below shows the best Skrill forex brokers based on our research.

  1. Capital.com – Overall Best Skrill Forex Broker with Tight Spreads & Low Trading Fees
  2. eToro – Outstanding Skrill Forex Broker With Copy Trading
  3. XTB – Fast Executing Skrill Forex Broker With Proprietary App
  4. Pepperstone – Popular Australia-based Skrill Forex Broker with Demo Account
  5. AvaTrade – Heavily Regulated Skrill Broker With MT4/MT5 Support
  6. FxPro – Top Skrill Broker For Experienced Traders
  7. Plus500 – High-Rated Skrill Broker For UK Traders
  8. XM – Trade 57 Pairs with this Specialist Skrill Forex Broker 
  9. FXTM – High Leverage Skrill Forex Broker With Multiple Pairs
  10. SuperForex– Leading Skrill Forex Broker With Low Fees

Your capital is at risk. 80.61% of retail investor accounts lose money when trading CFDs with this provider.

Top Skrill Forex Brokers Reviewed 

Skrill forex trading brokers provide fast and easy account funding but they’ll need to supplement this with many more important features to stay competitive. In the sections below, we review what makes the top Skrill Forex brokers some of the best trading platforms as well.

1. Capital.com – Overall Best Skrill Forex Broker with Tight Spreads & Wide Array of Educational Resources

Capital.com logo

With the most forex pairs offered on our list and more than 500,000 users, Capital.com is our overall best Skrill forex broker. The forex broker was founded in 2016 and offers 0% commissions with tight spreads. Users can trade 138 currency pairs through forex CFDs with up to 1:30 leverage.

Capital.com centers all its features around what traders really need before, during, and after opening positions. A comprehensive selection of market analysis and insights are posted daily so that investors are updated on the latest market news and trends. 

capital.com home

Over 70 technical indicators are provided in both Capital.com’s web and mobile platforms to help traders make smarter decisions. Algorithmic trading or auto-trading can also be integrated when using Capital.com with MetaTrader 4 (MT4). After opening a trade, stop-loss and take-profit parameters can be configured to better protect profits and minimize losses.

Fees and charges are kept at a minimum for Capital.com users as the platform offers 0% commissions and no deposit and withdrawal fees on the broker’s end. Rollover fees are the most important fees to note for the platform which are standard across other leverage brokers as well.

capital.com live prices

Forex pairs aren’t the only derivatives offered on Capital.com. Stocks, indices, and commodities are the other tradable assets offered. In some regions, users can even buy crypto as Capital.com supports the trading of 490 crypto CFDs. All of this allows for traders to have more diverse portfolios which is a recommended investing practice.

Capital.com is a reliable Skrill forex broker and has a lot more to offer which can be found in our Capital.com review. Otherwise, see the table and list below for more features.

Forex Pairs 138 pairs
Max Leverage 1:30 for retail accounts
Pricing 0% commission
Spread for USD/EUR From 0.6 pips
Skrill Deposit Fee None
Trading Platforms Proprietary App, MT4, TradingView
Minimum Skrill Deposit 20 USD, EUR, and GBP
Accepts US Clients No

What We Like

  • Overall best Skrill forex broker
  • 0% commissions trading
  • 24/7 live chat support
  • Over 6,000 tradable instruments
  • Support for MT4 and TradingView

Your capital is at risk. 80.61% of retail investor accounts lose money when trading CFDs with this provider.

2. eToro – Outstanding Skrill Forex Broker With Copy Trading

etoro logo

eToro is another popular trading platform and is the best Skrill forex broker that offers its own social trading features. What started as a small forex trading platform back in 2007, eToro is now a multi-asset broker with millions of traders worldwide. Thanks to innovative trading features and a collaborative investing community, the platform continues to grow its user base. 

etoro all in one

Copy trading is eToro’s flagship feature which it has pioneered into the mainstream online investing market with a simple and intuitive interface. Users have an easy time discovering, searching, and analyzing the top investors on the platform for them to start replicating their positions. Both copiers and copy traders have the chance to benefit from this system so there are incentives for both parties to keep investing.

A total of 49 currency pairs are supported on the platform which can be traded through either eToro’s proprietary web trading platform or mobile app. Both platforms support virtual account trading which lets users trade all markets offered in real-time using virtual money. 100,000 USD of virtual equity is credited to new accounts.

Since 2019, eToro has offered 0% commissions for stocks while charging spreads for currency pairs which start at 1 pip for EURUSD, USDJPY, and AUDUSD. In some regions, the platform lets traders buy and sell crypto assets for a 1% fee in addition to the market spread.

Check out our eToro Review to know more broker features and see the section below for other details.

Forex Pairs 49 pairs
Max Leverage 1:30 for retail clients
Pricing 0% commission
Spread for USD/EUR 1 pip
Skrill Deposit Fee None
Trading Platforms Proprietary platform
Minimum Skrill Deposit 10 USD for UK/US clients, 50 USD and 200 USD for other countries
Accepts US Clients No

What We Like

  • Up to 1:30 leverage for forex pairs
  • Easy-to-use mobile and web platforms
  • 0% commissions on stocks
  • Top forex copy trading platform
  • Negative balance protection

78% of retail investor accounts lose money when trading CFDs with this provider.

3. XTB – Fast Executing Skrill Forex Broker With Proprietary App

xtb-logo

Next on our list of top forex brokers is XTB, a lightning-fast forex trading platform with an award-winning proprietary app. xStation, the broker’s web trading program, offers over 2,100 instruments which include CFD trading for forex, commodities, stocks, and ETFs.

With access to some of the deepest liquidity providers, XTB can execute trade orders extremely quickly. The forex broker also offers good customer support that runs 24/5 through live chat and other contact methods. 

xtb homepage

XTB traders can view the latest market news on xStation and its portable counterpart, xStation mobile. Here, users can view the market sentiment of the top instruments to see how many traders are buying or selling the assets. Because XTB showcases top gainers and losers, it’s also one of the best scalping brokers for those looking to ride extreme price movements.

Client equity protection is held in the highest regard at XTB where users’ funds are not only kept in segregated accounts but also protected for up to 85,000 GBP per person. This is in compliance with the FCA and Financial Services Compensation Scheme. 

Note that Skrill deposits for UK and non-EU clients are subject to a 2% fee while EU clients can deposit through Skrill without any fees.

Forex Pairs 48 pairs
Max Leverage 1:30 leverage for retail clients
Pricing 0% commission
Spread for USD/EUR From 0.1 pips
Skrill Deposit Fee No fee for EU clients, 2% fee for UK and rest of clients
Trading Platforms Proprietary platform
Minimum Skrill Deposit None
Accepts US Clients No

What We Like

  • Trade forex, indices, commodities, stocks, and ETFs
  • Accepts bank transfer, bank cards, and e-wallet deposits
  • FSCS client money protection offered
  • Award-winning proprietary platform in xStation
  • Mobile app available

81% of retail investor accounts lose money when trading CFDs with this provider.

4. Pepperstone – Popular Australia-based Skrill Forex Broker 

One of the most reliable and trustworthy Skrill forex brokers is Pepperstone, a multi-asset broker that supports many different trading platforms. Pepperstone was founded in 2010 and offers over 60 different currency pairs today.

The Australia-based broker grew in popularity due to providing both CFD and spread betting trading methods. Pepperstone lets its users trade thousands of financial instruments in a tax-efficient manner through spread betting. This trading method is exempt from the capital gains tax, although spread betting costs can vary depending on different circumstances.

pepperstone home

Pepperstone traders can utilize spread betting on the top platforms such as Mt4, MT5, and cTrader. CFD trading can also be performed with these platforms as well as with Pepperstone’s TradingView integration. Clients’ funds are held in segregated bank accounts and are never combined with the company’s own assets to ensure maximum security and protection.

There are two account types that can be opened with Pepperstone depending on the trading style and experience of the user. Standard accounts offer low spreads from 0.6 pips  and 0% commissions while Razor accounts offer even lower spreads from 0.0 pips with a 3.5 USD commission.

 Learn more about the broker’s key features through our Pepperstone review.

Forex Pairs Over 60 pairs
Max Leverage 1:200 for retail clients
Pricing 3.5 USD per lot for raw accounts, 0% for standard account
Spread for USD/EUR From 0 pips
Skrill Deposit Fee None
Trading Platforms TradingView, cTrader, MT4, MT5
Minimum Skrill Deposit 100 USD
Accepts US Clients No

What We Like

  • Offers both CFD trading and spread betting
  • Choose between 0% commission and tight spread accounts
  • FSCS client money protection guaranteed
  • Unlock over 28 advanced tools and expert advisors
  • Integrations with MT4, MT5, cTrader, and TradingView

74% of retail investor accounts lose money when trading CFDs with this provider.

5. AvaTrade – Heavily Regulated Skrill Broker With MT4/MT5 Support

AvaTrade logoAvaTrade is a popular forex broker with more than 55 currency pairs to trade and leverage up to 400:1 for retail traders. It also offers 0% commission on CFD trades and spreads from just 0.9 pips.

AvaTrade requires a minimum deposit of $100 when opening a new account, which traders can pay by Skrill, credit card, debit card, Neteller, and bank transfer. There are no fees for Skrill deposits, making this a suitable choice for traders who want to fund their trading account with this e-wallet.

AvaTrade Forex

Traders at AvaTrade can choose from a wide variety of trading platforms, including MetaTrader 4, MetaTrader 5, and AvaTrade’s own custom trading platform for web, desktop, and mobile. AvaTrade also offers copy trading through Duplitrade and Zulutrade.

Notably, AvaTrade also offers forex options trading. The broker has a dedicated platform, called AvaOptions, for traders to evaluate options strategies in real-time.

Forex Pairs Over 55 pairs
Max Leverage 1:400 for retail clients
Pricing 0% commission
Spread for USD/EUR From 0.9 pips
Skrill Deposit Fee None
Trading Platforms Proprietary, MT4, MT5, Duplitrade, Zulutrade
Minimum Skrill Deposit 100 USD
Accepts US Clients No

What We Like

  • 55+ forex pairs with spreads from 0.9 pips
  • Trade forex options with AvaOptions platform
  • Supports MT4, MT5, Duplitrade, and Zulutrade
  • No fees for Skrill deposits

71% of retail investor accounts lose money when trading CFDs with this provider.

Best Skrill Forex Brokers Compared

This section features a table that compares the best Skrill Forex Brokers.

Forex Brokers Forex Pairs Max Leverage Pricing Spread for EUR/USD  Skrill Deposit Fee Trading Platforms Minimum Skrill Deposit  Accepts US Clients
Capital.com 138 pairs 1:30 leverages 0% commission From 0.6 pips None Proprietary platform, proprietary app, MT4, TradingView,  20 USD, EUR, or GBP No
eToro 49 pairs 1:30 for retail clients 0% commission 1 pip None Proprietary platform 10 USD for UK/US clients, 50 USD and 200 USD for other countries No
XTB 48 pairs 1:30 leverage 0% commission From 0.1 pips No fee for EU clients, 2% fee for UK and rest of clients Proprietary platform None No
AvaTrade 55 pairs 1:400 leverage 0% commission From 0.9 pips None Proprietary, MT4, MT5, Duplitrade, Zulutrade 100 USD No
Pepperstone Over 60 pairs 1:200 for retail clients 3.5 USD per lot for raw accounts, 0% for standard account From 0 pips None TradingView, cTrader, MT4, MT5 10 USD No
FXPro 70 pairs 1:200 for retail clients Stocks, Commodities, Indices, Crypto,Futures 1 pip None Proprietary platform, MT4, MT5, cTrader 100 USD No
Plus500 60+ pairs 1:30 for retail clients 0% commission From 0.8 pips None Proprietary platform 100 GBP No
XM 57 pairs 1:1000 leverage 0% commission From 1 pip None Proprietary mobile app, MT4, MT5 None No
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 None No
SuperForex 50 pairs 1:2000 for retail accounts 0% commission From 2.0 pips None Proprietary App, MT4 1 USD No

What is Skrill?

skrill logo

Skrill is an electronic money account service that’s used as a quick and easy way to transfer money, make online payments, and receive money all in one platform. The digital wallet provider was established in 2001 and was previously known as Moneybookers. 

Anyone with a registered email address over the age of 18 can create a Skrill account to avail of the different digital wallet services of the provider. With support of over 40 different currencies, Skrill was widely used as a payment method for trading platforms, online gaming, and online stores. 

As a digital wallet and provider of electronic money services, Skrill is also licensed and regulated by the FCA and adheres to the top security standards as we’ll mention in the next section.

skrill home

Most regions in the EU as well as the UK can use local payment methods to fund their Skrill accounts. Bank transfers and other e-wallet services such as Trustly and Paysafecard can be used for depositing funds. Global payment methods such as MasterCard, Visa, Diners Club International, and JCB can also be used to fund Skrill accounts.

In 2018, Skrill released a service that lets its users buy crypto on the platform as well as sell digital assets. Today, this is known as the Skrill Cryptocurrency Service which supports some of the top cryptocurrencies and crypto pairs.

 Although this feature is not available in all countries, Skrill looks to expand the cryptos it offers as well as the regions it can provide this service to. Skrill is not a cryptocurrency exchange and only partners with crypto exchanges to provide the purchase and selling of different crypto assets.

Benefits of Using a Skrill Forex Broker

Aside from near instant account funding and a seamless depositing experience, there are plenty more benefits of using a Skrill together with the supported forex broker. Let’s go through some of these benefits to better understand the value of using the best Skrill forex broker.

Fast Transactions with Fewer Fees

skrill mobile

From the best Skrill money brokers mentioned earlier, most platforms have no Skrill deposit fees when funding the trading account with the digital money provider. As every trader wants to minimize their costs when moving their money from platform to platform, this will be a huge benefit to anyone who moves their money around often.

In terms of funding actual Skrill accounts, most if not all regions in the EU and UK can fund their Skrill wallets with little to no fees. Local payment methods such as bank transfers and certain e-wallets have zero fees while global payment methods for depositing funds to Skrill accounts range from 0% to 2.5% depending on location and currency.

Industry Standard Security

Two Factor Authentication (2FA) is implemented for all Skrill account holders to take advantage of wherein authentication codes are sent to the mobile phone numbers of users upon logging in. Skrill is also fully PCI compliant with enhanced fraud prevention protocols.

Chargeback protection is also offered for Skrill transactions which are kept private with Secure Socket Layer (SSL) implementations combined with 128-bit encryption for full security.

Skrill Loyalty Rewards

Similar to how credit cards feature reward points and loyalty services, Skrill has Knect loyalty points that can be spent for certain benefits. Depending on the country, Knect loyalty points can be earned through completing different transactions, so it’s possible to build reward points by depositing to Skrill brokers. 

There are also different Skrill account tiers with more benefits the higher level the account is. Regular Skrill accounts have access to the standard wallet features and loyalty points but the True Skriller accounts have lower transfer fees, refer-a-friend bonuses, and bonus loyalty rewards that are soon to be available. 

VIP Skriller is the highest account level which is divided further into Silver, Gold, and Diamond tiers. Forex rates are lower with this account level as well as free bank withdrawals and zero send money fees.

Easy Payments with Skrill Card

skrill card

Residents of countries in the authorized European Economic Area (EEA) can order a Skrill prepaid card which can be used like a debit card. The prepaid card which can come in both MasterCard and Visa can be used for in-store purchases as well as a means to withdraw cash from ATMs around the world.

Send and Receive with Multiple Currencies

Skrill is supported in more than 140 countries and can hold over 40 different currencies. Additionally, accounts can hold multiple currencies so that users can fund their forex accounts with different supported currencies. 

When transferring money or making a transaction through Skrill that requires the conversion of a currency, Skrill uses the exchange rate of the time to complete the transaction. A mid-market rate is used for the transaction as well as a foreign exchange fee of 4.49% (1.99% for VIP Skriller Diamond).

Conclusion

Investors will need to assess different factors when looking for the best Skrill forex broker that’s most suited for their needs. Regulations, trading experience, supported currencies, and trading fees are just some of the key things to consider. From this guide, different forex brokers have their share of benefits and features.

We do find that most traders will benefit from our overall best Skrill forex broker, Capital.com, as it offers the most forex pairs on our list at 138 pairs, 0% commissions, and high regulation and security. New traders will find plenty of value in the demo accounts offered on the web platform while experienced investors can use all the tools and trading plugins through MetaTrader 4.

If you want to start trading with up to 1:30 leveraged CFDs, competitively low spreads, and minimum trading costs, click on the link below to start trading with Capital.com.Capital.com logo

Your capital is at risk. 80.61% of retail investor accounts lose money when trading CFDs with this provider.

FAQs

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Disclaimer

It is vital to always invest responsibly in awareness of all risks involved. Markets can be extremely volatile, so you should conduct extensive research before investing. Our site provides regular updates and diligently verifies all platforms it recommends, but you should form your own opinion and invest only what you can afford to lose. There is never any guarantee of a return on investment.