Skrill Brokers 2025
Skrill is a digital wallet accepted by many online brokers. The number of users is constantly increasing due to its speed, simplicity and security. Other advantages include its acceptance of all major currencies and its ability to handle large deposits. Trading with Skrill brokers also benefits forex traders because of its low fees when transferring large amounts of currency. Alternatively, crypto investors can use the platform to move digital currencies, including Bitcoin.
In this guide, we list the top brokers that accept Skrill deposits in 2025. We also run through the pros and cons of the payment solution, from fees and support to customer security.
Best Skrill Brokers
Our tests have revealed these 6 top brokers with Skrill payments:
Here is a short overview of each broker's pros and cons
- FOREX.com - Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
- RedMars - Launched in 2020, Cyprus-based RedMars offers competitive spreads on more than 300 instruments and leverage up to 1:500. Three accounts are available - Standard, Pro and VIP - serving a range of budgets and experience levels, with a fast and fully digital account opening process.
- Dukascopy - Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders.
- CEX.IO - CEX.IO is one-stop-shop for crypto investors where you can buy and sell popular digital tokens, speculate on prices with margin trading and earn rewards through staking. Since it launched in 2013, more than five million traders have deposited over $7.5 billion. CEX.IO is registered with the FinCEN in the US and the GFSC in the EU.
- Videforex - Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.
- xChief - xChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.
Compare The Best Skrill Brokers
| Broker | Minimum Deposit | Instruments | Platforms | Leverage |
|---|---|---|---|---|
| FOREX.com | $100 | Forex, Stocks, Futures, Futures Options | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral | 1:50 |
| RedMars | €250 | CFDs, Forex, Stocks, Indices, Commodities, Cryptos | MT5 | 1:30 (Retail), 1:500 (Pro) |
| Dukascopy | $100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | JForex, MT4, MT5 | 1:200 |
| CEX.IO | $20 | Cryptos | TradingView | - |
| Videforex | $250 | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | TradingView | 1:500 |
| xChief | $10 | CFDs, Forex, Metals, Commodities, Stocks, Indices | MT4, MT5 | 1:1000 |
FOREX.com
"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."
Christian Harris, Reviewer
FOREX.com Quick Facts
| Bonus Offer | Active Trader Program With A 15% Reduction In Costs |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, Stocks, Futures, Futures Options |
| Regulator | NFA, CFTC |
| Platforms | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:50 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN |
Pros
- There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
- With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage.
- The in-house Web Trader continues to shine as one of the best-designed platforms for aspiring day traders with a slick design and over 80 technical indicators for market analysis.
Cons
- FOREX.com's MT4 platform offers approximately 600 instruments, significantly fewer than the over 5,500 available on its non-MetaTrader platforms.
- Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
- There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
RedMars
"RedMars is the best fit for experienced day traders familiar with the MetaTrader 5 platform and based in the EU, where the broker is authorized by the CySEC. However, the threadbare education and research tools make it unsuitable for beginners."
RedMars Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Cryptos |
| Regulator | CySEC, AFM |
| Platforms | MT5 |
| Minimum Deposit | €250 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail), 1:500 (Pro) |
| Account Currencies | USD, EUR |
Pros
- The broker is one of a limited number of firms to offer an account specially designed for VIPs with premium support and invites to exclusive events
- Getting started on RedMars is incredibly easy - you can be up and running in just a few minutes based on tests
- RedMars offers one of the best platforms for day trading, MT5, hosting 21 timeframes, dozens of analytical tools, flexible templates and algo trading
Cons
- The no-frills trading environment offers little beyond the basics, with no Islamic account, PAMM account or copy trading.
- RedMars falls short for newer traders, with little in the way of education, no beginner-friendly platform, a steep minimum deposit, and inadequate support during testing
- While RedMars' spreads are within industry averages, they don't offer a significant edge over the cheapest day trading brokers we've personally used, notably IC Markets
Dukascopy
"If you’re an experienced trader, Dukascopy provides the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the peace of mind of using a Swiss-regulated bank and broker."
Dukascopy Quick Facts
| Bonus Offer | 10% Equity Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options |
| Regulator | FINMA, JFSA, FCMC |
| Platforms | JForex, MT4, MT5 |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:200 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN |
Pros
- The proprietary JForex platform is highly advanced, offering tools for algorithmic trading, extensive charting, and access to deep liquidity for short-term traders.
- Dukascopy offers tight spreads starting from 0.1 pips, leverage up to 1:200 (depending on the jurisdiction), and volume-based commissions that reward high-frequency traders.
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as both a broker and a bank, ensuring top-tier financial security and adherence to strict standards.
Cons
- While Dukascopy provides some educational resources and 24/7 support, the complexity of its platforms and tools required extensive testing and may overwhelm newer traders.
- While JForex is feature-rich, it has a steep learning curve, making it less suitable for beginner traders who might prefer simpler platforms.
- Dukascopy's withdrawal fees are higher than most competitors we’ve tested, particularly for bank wire transfers, which may deter traders who require frequent access to their funds.
CEX.IO
"CEX.IO continues to serve a range of crypto investors looking to buy, sell, trade, hold and earn with low fees. The tiered pricing structure will appeal to active traders while rookie investors will enjoy the straightforward platform interface and excellent education."
Tobias Robinson, Reviewer
CEX.IO Quick Facts
| Demo Account | No |
|---|---|
| Instruments | Cryptos |
| Regulator | GFSC |
| Platforms | TradingView |
| Minimum Deposit | $20 |
| Minimum Trade | $1 |
| Account Currencies | USD, EUR, GBP |
Pros
- There's a wide range of global payment methods available including PayPal
- The $20 minimum deposit makes the broker accessible for beginners
- CEX.IO has remained a trusted crypto exchange since its launch, with 5+ million users
Cons
- A maintenance fee applies after 12 months of no activity
- Deposit and withdrawal fees are relatively high, including 0.3% + $25 for SWIFT withdrawals
- The broker has limited regulatory oversight
Videforex
"Videforex will serve traders looking for a no-frills, easy-to-use platform to speculate on the direction of popular financial markets through binaries. With a sign-up process that takes a matter of minutes and a web-accessible platform, getting started is a breeze. "
Videforex Quick Facts
| Bonus Offer | 20% to 200% Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | Binary Options, CFDs, Forex, Indices, Commodities, Crypto |
| Platforms | TradingView |
| Minimum Deposit | $250 |
| Minimum Trade | $0.01 |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP, AUD, RUB |
Pros
- Videforex is one of the few brokers with 24/7 multilingual video support, providing comprehensive assistance for active traders.
- Traders can earn up to 98% payouts on 100+ assets with the broker’s binary options, bringing it in line with competitors like IQCent.
- Videforex regularly runs trading contests, offering practice opportunities and cash prizes to beginners and experienced traders, with position sizes from just ¢0.01.
Cons
- Videforex lacks authorization from a trusted regulator, meaning traders may receive little to zero safeguards like segregated client accounts.
- The absence of any educational tools is a serious drawback for newer traders who can find blogs, videos and live trading sessions at category leaders.
- The client terminal needs improvements based on our latest tests, sporting sometimes slow and unresponsive widgets which could dampen the experience for day traders.
xChief
"xChief continues to prove popular with investors looking to trade highly leveraged CFDs on the popular MetaTrader platforms. The broker's rebate scheme and investment accounts will particularly appeal to seasoned traders. However, the lack of top-tier regulatory oversight is a major drawback."
xChief Quick Facts
| Bonus Offer | $100 No Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Metals, Commodities, Stocks, Indices |
| Regulator | ASIC |
| Platforms | MT4, MT5 |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, JPY, CHF |
Pros
- Traders can access a copy trading solution via the MetaQuotes Signals service
- The broker offers several account types to suit different traders, including a Cent account for beginners and pro-level hedging/netting accounts
- xChief offers STP/ECN execution with low spreads from 0.0 pips and low commission rates starting from $2.50 per side
Cons
- The total range of 150+ assets is much lower than most competitors who typically offer hundreds
- xChief is an offshore broker with weak regulatory oversight from the VFSC, so traders will receive limited safeguards
- The broker trails competitors when it comes to research tools and educational resources
How Did We Choose The Best Skrill Brokers?
To list the top Skrill brokers, we:
- Analyzed our database of 500 online brokers, removing all those that don’t accept Skrill payments
- Confirmed that the shortlisted brokers accept Skrill deposits and withdrawals for online trading
- Sorted them by their rating, using our analysis of 100+ data points and hands-on broker tests
Skrill Overview
Skrill is a leading eWallet and a popular alternative to PayPal, used by millions worldwide. Founded in 2001 as Moneybookers, Skrill is now part of the Paysafe Group which also owns former rival, Neteller.
Available on desktop devices and as a mobile app, the transfer gateway was traditionally used by online casino players for depositing funds and withdrawing winnings.
However, investors are also increasingly using the brand to fund online trading accounts, capitalizing on the firm’s multiple offers, promotions and VIP benefits. And while not as ubiquitous as PayPal for everyday transactions, the number of online brokers accepting Skrill makes it a serious contender.
Pros Of Skrill Brokers
Benefits of trading with brokers that accept Skrill deposits and withdrawals include:
- Free to receive money
- Easy to use and register
- Actively encourages forex trading
- Common deposit method at online brokers
- Link up to ten debit/credit cards to your account
- The more money you transact, the lower the fees
- Fast transactions (unless involving wire transfer)
- A multitude of promotions and welcome offers, including referral schemes
- Strong security (card or bank details are not revealed and data is encrypted)
- For forex traders, Skrill supports 38 currencies (including Euro, British Pound, US Dollar and Yen)
Cons Of Skrill Brokers
As a potential digital wallet for traders, there are also some drawbacks:
- Fees to withdraw funds
- Charged for unused account
- High currency conversion fees, plus handling fee
- Website unclear on specific deposit and withdrawal limits
- Verification needed to increase deposit/withdrawal limits and decrease fees
Speed Of Payments
Making deposits with Skrill is usually fast. Funds uploaded to your account with debit or credit cards are instant; for wire transfers, you should allow up to five working days. All cards and accounts used for trading deposits and withdrawals have to be in your name.
You can also make instant deposits with the following:
- Boku
- Klarna
- Bitcoin
- Trustly
- Neteller
- Paysafe Cash
- Rapid Transfer
- Fast Bank Transfer
- Over 100 local payment methods including iDEAL in the Netherlands, Alipay in China and Giropay in Germany
Security
The corporation takes a multitude of security measures to ensure that its users are protected. All sensitive transaction information is safeguarded with a 128-bit encryption and protected according to the Payment Card Industry Data Security Standards.
The mobile app also has a two-tier login. This means that as well as entering their email address and password, users have to enter a code sent to their mobile device. But while Skrill is a secure payment solution, investors should still sign up with trusted and reliable trading brokers.
How To Deposit Using Skrill
User accounts are free and easy to set up, although you will need to verify your ID if you want to increase your deposit and withdrawal limits. You can deposit for free if you utilize a debit/credit card or a bank transfer.
To deposit at a Skrill broker like AvaTrade, head to the deposit section after logging in, select Skrill from the list of payment methods and then follow the instructions to connect to your Skrill account.
Skrill is the opposite of PayPal in that it never charges to receive money. However, it takes a fee to withdraw to your eWallet or credit card. The only way for traders to avoid this fee is to use the bank transfer option, which has 0% fees.
Fees & Costs
Trading with this payment method can get costly. The main sting is the withdrawal fee which currently works out at:
- 3.49% for Neteller
- 2% for cryptocurrencies
- 1.75% for bank wire
- 1.99% for Visa and Mastercard
The firm also offers a service called Skrill Money Transfer which gives traders the ability to send money to anyone (including themselves), converting it into any of its supported currencies using the Reuters exchange rate.
It’s free to receive funds, but to send it costs between 1-5% depending on your chosen method. Transfers between accounts incur a fee of 2.99%. If you verify your identity and become a True Skriller, this drops to 1.45%. For international payments, sending money to a bank account, in any of the countries the platform supports, is free.
Note that higher VIP levels can help reduce FX rates.
VIP
There are three VIP levels that you can attain for each quarter if you hit a certain threshold within the preceding quarter:
- Silver: Transact over €15,000 per quarter
- Gold: Transact over €45,000 per quarter
- Diamond: Transact over €90,000 per quarter
Once you’re a Silver VIP member or above, trading with Skrill becomes beneficial in terms of removing or reducing fees. You can also begin opening other accounts in different currencies, helping you to avoid FX fees.
Is Skrill Good For Day Trading?
Skrill is a popular payment method with investors. But whether it’s right for you depends on how much you trade and whether you make deposits and withdrawals via offshore brokers. If you are transferring in large amounts and qualify for a VIP level, then it could be a cost-effective digital wallet to support your online trading activity.
FAQ
Is It Quick To Deposit To My Trading Account Using Skrill?
The payment gateway offers instant transfers to most online brokers. However, if you wish to make a deposit or withdrawal using bank wire, this can take up to five days. Check the payment timelines on your broker’s website before you make a payment.
Is Skrill Available At International Brokers?
The payment system is available in the majority of countries around the world, including the United Kingdom, EU member states and the United States. You can even find a Skrill broker in Pakistan. The most notable exception where the platform isn’t available is Japan (although it does support Yen transactions).
Which Countries Have Skrill Payment Restrictions?
The only country-specific restrictions with Skrill are in the United States or related to US dollars: you cannot deposit in US dollars – these are automatically converted to Euros and the conversion rate is applied – and you cannot withdraw US dollars to your bank account. On top of that, Skrill Money Transfer transactions cannot be funded with US-issued debit or credit cards.
Do Interactive Brokers Accept Skrill?
Interactive Brokers does not accept this payment method. See our list of alternative trading brokers that accept Skrill deposits to get started.