Best Skrill Brokers 2025
Discover the best brokers with Skrill deposits and withdrawals following our rigorous hands-on tests.
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1Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.8 Introduced in 2020, RedMars, situated in Cyprus, provides competitive spreads across over 300 trading instruments with a leverage of up to 1:500. They offer three account tiers, namely, Standard, Pro, and VIP, catering to different budgets and levels of trading experience. RedMars also features a speedy, entirely digital account creation process. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.6 Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering trading on over 1,200 instruments, including binary options. It provides various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) with strong tools and market data for active traders. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5 Videforex, started in 2017, is a platform that grants access to stock, index, crypto, forex, and commodities markets through binary options and CFDs. Its specialized platform, mobile app, and integrated copy trading are suitable for new and less frequent traders. By offering market analysis tools and hosting trading contests, Videforex helps to enhance your trading expertise. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5 RaceOption is a binary options broker based in the Marshall Islands. It has more than 1,500 clients and strives to provide speedy funding, minimal fees, and a safe trading environment. Traders can choose from over 100 binary options and CFDs, enjoy copy trading, and have the chance to win weekly prizes.
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Safety Comparison
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Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
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Fee and Cost Comparison
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Broker Popularity
See how popular the Best Skrill Brokers 2025 are in terms of number of clients.
Broker | Popularity |
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FOREX.com |
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Dukascopy |
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Videforex |
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RaceOption |
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Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
- FOREX.com provides a selection of top trading platforms and additional features. These include Trading Central research, a SMART Signals pattern scanner, trading signals, and strategy builders.
Cons
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- The funding options are not as extensive as those of top competitors such as IC Markets and lack several widely-used e-wallets, particularly UnionPay and POLi.
Why Trade With RedMars?
RedMars is suitable for expert traders in the EU who are comfortable with the MetaTrader 5 platform, as the broker is approved by the CySEC. However, due to its minimal education and research tools, it is not recommended for beginners.
Pros
- The broker is among a few firms that provide a special account for VIPs featuring premium support and exclusive event invitations.
- The broker accepts several payment options such as wire transfers, credit cards, e-wallets, and notably, cryptocurrencies for trading related transactions.
- Starting on RedMars is very straightforward. You can be operational in just a few minutes according to tests.
Cons
- RedMars provides a constrained trading platform, offering just 300 instruments. This is quite limited compared to top competitors such as BlackBull Markets, which boasts 26,000 assets.
- The trading platform is simple, lacking advanced features like Islamic account, PAMM account, or copy trading.
- RedMars is not suitable for new traders. It lacks educational resources, has no user-friendly platform, requires a high minimum deposit, and demonstrated insufficient customer support during testing.
Why Trade With Dukascopy?
If you're an experienced trader, Dukascopy offers the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the assurance of a Swiss-regulated bank and broker.
Pros
- Dukascopy provides tight spreads starting at 0.1 pips, leverage up to 1:200 (based on jurisdiction), and volume-based commissions that benefit high-frequency traders.
- Dukascopy offers top-notch research, including a professional TV studio in Geneva for financial news, market analysis, and daily expert insights.
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a broker and a bank, providing high-level financial security and compliance with strict standards.
Cons
- Dukascopy offers educational resources and 24/7 support, but its complex platforms and tools require extensive testing and can overwhelm new traders.
- JForex offers many features, but its complexity makes it less ideal for beginner traders who might prefer simpler platforms.
- Certain account types, like MT4/MT5 accounts, need a higher minimum deposit of $1,000. This might not be suitable for traders with limited budgets.
Why Trade With Videforex?
Videforex caters to traders who want a simple platform for predicting the trends of major financial markets through binary options. With a swift registration process and web-based platform, it's easy to get started.
Pros
- Videforex often hosts trading contests. These competitions offer both new and experienced traders a chance to practice and win cash prizes. Trades can be made from as low as ¢0.01.
- Videforex is a rare brokerage with 24/7 multilingual video support, offering extensive help for active traders.
- Traders have the opportunity to earn up to 98% payouts on over 100 assets through the broker's binary options. This offering is comparable to competitors such as IQCent.
Cons
- Our latest tests indicate that the client terminal requires upgrades due to occasional slow and unresponsive widgets, which may negatively affect the experience for traders.
- Videforex is not authorized by a reliable regulator. This means traders may not get important protections such as separate client accounts.
- The lack of educational resources is a significant disadvantage for new traders, as top trading platforms often provide useful content like blogs, videos, and live trading sessions.
Why Trade With RaceOption?
RaceOption offers a diverse binary options trading experience with contests, account benefits, and copy trading. However, it's unregulated, providing minimal to no investor safeguards, based on our research.
Pros
- RaceOption allows easy account funding with no-charge, quick deposits using bank cards and cryptocurrencies. It also promises to process withdrawals within an hour.
- Popular assets like EUR/USD have payouts up to 95%, which is higher than most alternatives. Also, the first three trades are risk-free with Silver and Gold accounts. This can potentially increase your returns.
- RaceOption is one of the few brokers that offer 24/7 video chat in several languages. However, based on our experience, their agents require more knowledge about trading rules and practices.
Cons
- RaceOption, lacking a demo account and an educational offer, may not be a suitable option for novice traders.
- The $250 minimum deposit may be higher for some traders, particularly when compared to Deriv and World Forex, which are suitable for those with a smaller budget.
- RaceOption is a high-risk broker that is not regulated. It does not offer compensation or legal options if you encounter problems with trading or withdrawing funds.
Filters
Understanding Skrill for Trading
Skrill is an online wallet that many trading platforms accept, and its popularity is growing rapidly. Why do people love it? It’s fast, easy to use, and secure. Plus, you can deposit large sums and work with all major currencies. If you’re into trading currencies (forex) or cryptocurrencies like Bitcoin, Skrill is a great partner due to its low transaction fees.
Choosing the Best Skrill Brokers
In this guide, we share the top trading platforms that accept Skrill. We also explore the pros and cons of using Skrill, covering fees, support, and security.
How We Selected The Top Skrill Brokers
To identify the best brokers for Skrill, we:
- Reviewed a list of 500 online brokers, removing those not supporting Skrill.
- Verified that shortlisted brokers allow Skrill deposits and withdrawals.
- Ranked them based on ratings from detailed analysis and practical tests.
What is Skrill?
Skrill is a popular digital wallet, similar to PayPal but less ubiquitous for daily tasks. Millions use it globally. Established as Moneybookers in 2001, it now belongs to the Paysafe Group, owners of Neteller. Initially favored by online gamblers, it has gained ground among those funding online trading accounts due to promotions and perks.
Benefits of Trading with Skrill
Choosing Skrill for trading has several advantages:
- Free to receive money.
- Simple setup and usage.
- Encourages forex trading.
- Frequent deposit method on trading platforms.
- Link up to ten cards to one account.
- Lower fees for frequent transactions.
- Speedy transactions, except wire transfers.
- Various promotions and welcome offers.
- Strong security – no card or bank details are shared.
- Supports 38 currencies, including Euro, Pound, Dollar, and Yen.
Drawbacks of Skrill for Traders
However, there are some downsides:
- Fees for withdrawing money.
- Charges for inactive accounts.
- High currency conversion fees.
- Unclear deposit and withdrawal limits on the website.
- Verification required to adjust limits and reduce fees.
Payment Speed
Deposits with Skrill are typically fast. Adding funds with a card is instant, while wire transfers may take up to five business days. Your Skrill account must match your name on the trading platform. Instant deposits can be made with various methods like:
- Boku
- Klarna
- Bitcoin
- Trustly
- Neteller
- Paysafe Cash
- Rapid Transfer
- Fast Bank Transfer
- Local payment methods such as iDEAL, Alipay, and Giropay
Security Features
Skrill takes security seriously. It protects users with 128-bit encryption, meeting stringent security standards. The app uses two-step login for added protection, requiring a mobile code besides your email and password. Although secure, ensure you trade with reliable platforms.
How to Use Skrill for Deposits
Setting up a Skrill account is free and straightforward. ID verification is necessary only for raising deposit/withdrawal limits. Deposits via cards or bank transfers are free. To deposit with a broker like AvaTrade, after logging in, select Skrill from payment options and follow the prompts to connect your account. Receiving money is free, but withdrawing to a card or wallet incurs fees. You can skirt this by choosing bank transfers, which are free.
Fees and Charges
While trading with Skrill can be costly due to withdrawal fees, here’s a breakdown:
- Neteller: 3.49%
- Cryptocurrencies: 2%
- Bank wire: 1.75%
- Visa/Mastercard: 1.99%
Skrill Money Transfer lets you send money using current exchange rates with no charge for receiving funds. Sending costs vary from 1-5%, falling to 1.45% for verified users. Trades between accounts have a 2.99% fee. Send money to bank accounts free wherever Skrill supports them. High VIP members enjoy reduced currency exchange rates.
VIP Levels
Upgrade to a VIP level each quarter by meeting these spend thresholds:
- Silver: Over €15,000
- Gold: Over €45,000
- Diamond: Over €90,000
Being a Silver VIP or higher reduces or eliminates fees and allows setting up multiple accounts in various currencies to avoid exchange fees.
Skrill for Trading: Is It Right For You?
Skrill is a favored method for investors. If you move large sums and qualify for VIP perks, it can be a money-saving option for trading.
Frequently Asked Questions
Is Skrill Quick for Deposits?
Skrill offers fast transfers to many brokers. Note that bank wire deposits can take up to five days. Check your broker’s timeline before paying.
Can You Use Skrill Internationally?
Yes, Skrill is available in most countries, including the UK, EU, and US. However, it’s unavailable in Japan, though it does handle Yen.
Where Does Skrill Have Limits?
In the US, you can’t deposit or withdraw in dollars; funds convert to Euros. US-issued card use is prohibited for Skrill Money Transfer.
Do Interactive Brokers Accept Skrill?
No, Interactive Brokers do not support Skrill. Check our brokerlistings.com for options that do accept Skrill deposits.