Discover the best forex brokers that accept Skrill and learn how eWalletBooster can provide cashback on your deposits along with a host of other bonuses!
Skrill is a favourite of forex brokers worldwide. They offer incredibly competitive rates on their services and ensure that your funds are safe with top-tier security and encryption. Whether you're a veteran or a newbie to forex trading, Skrill's advantages are too significant to ignore.
Key Takeaways
Learn about the top forex brokers in the UK that accept Skrill.
Discover the benefits of using Skrill for forex trading.
Understand how eWalletBooster can provide additional perks and cashback.
Get answers to frequently asked questions about using Skrill with forex brokers.
The Most Important Forex Features You Need
Skrill is the world's most widely accepted e-money transfer service. As such, they're accepted by a broad range of reputable European forex brokers. However, not all brokers are created equal. Here's what to look for when choosing a forex broker:
Questions to Ask When Choosing a Broker
Does the broker accept Skrill?
Are there fees for deposits/withdrawals via Skrill?
How long has the broker been in business?
Does the broker hold any licenses? Which ones?
Which regulatory bodies oversee the broker?
Which investment options does the broker offer? Do they offer crypto or CFDs?
What’s the minimum and maximum Skrill deposit with this broker?
Which trading platforms/software does the broker offer?
These questions will help you evaluate the quality and reliability of any forex broker.
The Best Forex Brokers That Take Skrill
eToro (UK)
Bonus: Various promotional offers
Licences: FCA (UK), CySEC, ASIC (Australia)
Software: Tablet & Mobile apps, WebTrader
Investment Options: Stocks & ETFs, Forex, CFDs, Crypto
Restricted Countries: Limited restrictions
Ratings:
Bonus: ⭐⭐⭐⭐
Licence: ⭐⭐⭐⭐⭐
Deposits: ⭐⭐⭐⭐⭐
Investment Options: ⭐⭐⭐⭐⭐
Software: ⭐⭐⭐⭐⭐
Support: ⭐⭐⭐⭐
IC Markets (UK)
Bonus: Various promotional offers
Licences: CySEC, FSA (Seychelles), ASIC (Australia), FSA
Software: MT4, MT5, Mirror Trader, WebTrader, ZuluTrade, cTrader
Investment Options: Stocks, Forex, CFDs, Crypto
Restricted Countries: Limited restrictions
Ratings:
Bonus: ⭐⭐⭐⭐
Licence: ⭐⭐⭐⭐⭐
Deposits: ⭐⭐⭐⭐⭐
Investment Options: ⭐⭐⭐⭐⭐
Software: ⭐⭐⭐⭐⭐
Support: ⭐⭐⭐⭐
USE SKRILL WITH IC MARKETS (UK)
🚀 ## Exclusive Benefits of eWalletBooster Collaboration with Skrill
By collaborating with eWalletBooster, you can enjoy a range of exclusive benefits when using Skrill for your forex trading needs:
Skrill 'Fast Silver' VIP status
Silver for €6k, instead of €15k
Verify for FREE: no deposit required
Fast-track verification
FREE P2P Transfers as Silver VIP
FREE prepaid Mastercard as Silver VIP
Save money with 2.89% forex fee
$30 ewalletbooster sign up bonus when you join
Monthly ewalletbooster cashback via ewalletbooster rewards dashboard
These perks significantly enhance your trading experience, providing you with better terms, lower fees, and additional rewards.
How to Get the Most Out of Skrill
Skrill offers competitive rates and a robust VIP service. However, by pairing your Skrill account with eWalletBooster, you can unlock additional benefits such as reduced fees, better service, and higher limits. Here's a comparison:
Without eWalletBooster | With eWalletBooster | |
Account Limits | Low for non-VIP accounts | Increased limits and lowered fees |
Verification | Slow (up to 5 business days) + deposit | Free, instant verification |
FX Fees | Higher | Reduced (2.89% vs. 3.99%) |
Skrill Prepaid MasterCard | £10 fee | Free |
VIP Rewards | Limited | Dedicated Skrill rewards program via eWalletBooster |
How to Deposit at Forex Sites on Skrill
Depositing with Skrill is straightforward and quick. Here’s how:
Log in to your preferred broker’s site.
Click Deposit (may also be labeled as "Fund" or "Upload").
Select your preferred currency and amount.
Select Skrill as your payment method.
Log in to the Secure Skrill Payment Gateway with your credentials.
Confirm the transaction.
Your funds will typically show up within fifteen minutes, though it can take up to one hour to process.
How to Withdraw from Forex Sites on Skrill
Withdrawing funds using Skrill is similar to depositing. Follow these steps:
Log in to your broker's website.
Navigate to the Withdrawal section.
Enter the amount and currency you wish to withdraw.
Choose Skrill as your withdrawal method.
Log in to Skrill and confirm the transaction.
Funds typically clear within 2-3 business days.
Skrill Forex FAQ
Is it legal to trade forex online in the UK?
Yes, it is legal to trade forex online in the UK if you use an authorized, licensed broker regulated by the Financial Conduct Authority (FCA). Always check the FCA Financial Register Search to verify your broker's legitimacy.
Is Skrill a smart choice for forex?
Skrill is an excellent choice for forex trading, especially in the UK. They offer transparency, security, and very reasonable rates.
What benefits can Skrill offer for forex trading in the UK?
Skrill provides fast transactions and top-tier security, crucial for forex trading where seconds can make a difference between profit and loss. They support over 120 global currencies and have a competitive fee structure.
Why is Skrill popular among forex traders in the UK?
Skrill is popular due to its security, speed, and transparency. Forex traders value having their money readily accessible and safe, making Skrill an ideal choice.
Are there any age or location restrictions for using Skrill in the UK?
All UK citizens must be at least eighteen (18) years old to trade forex and use Skrill services. There are no major location restrictions for UK residents trading forex with Skrill.
What limits are placed on forex traders using Skrill in the UK?
Skrill's limits are lax for forex trading. The HMRC categorizes your profits for tax purposes, which might affect your trading limits:
Category | Details |
Self-Employed Traders | Profits treated as self-employed income. |
Private Investors | Profits and losses taxed against capital gains. |
Speculative Investors | No capital gains taxes on forex, spread betting, or CFDs until profits exceed £12,300 (2022/23). |
Skrill & Forex: A Brief History
Established in 2001, Skrill has become a leading e-money transfer service. Headquartered in London and regulated by the FCA and the U.S. Securities and Exchange Commission, Skrill is renowned for its high security standards. Their partnership with eWalletBooster offers traders reduced fees, better service, and additional rewards, making Skrill a top choice for forex traders.
By following this guide, you can maximize your forex trading experience with Skrill and enjoy the exclusive benefits provided by eWalletBooster.
Further Reading
If you found this article helpful, you might also like:
- Detailed Skrill Review: Discover Exclusive Benefits and Features
- Unlock Skrill Cashback and VIP Perks with eWalletBooster!
- Skrill Fees and Limits 2024: Comprehensive Guide & How to Save Money with eWalletBooster
- Skrill Registration Guide: Step-by-Step Process & Exclusive Benefits
- Skrill to Skrill Fees and Limits 2024: How to Save with eWalletBooster
- Skrill Verification Guide 2024: Fast-Track Your Account and Unlock Exclusive Benefits
- Unlock Exclusive Benefits with Skrill's VIP Program Today!