CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Why Choose Skrill for deposit/withdrawals
Skrill is one of the most popular choices for making online payments due to its convenience, security, speed and low fees of only 1%. With their popularity, the majority of online forex brokers have adopted Skrill as a online payment method for making withdrawals and deposits. Skrill is trusted by millions around the world for quick and safe global payments.
Featured Forex Broker That Accept Skrill: Core Spreads
Why traders prefer Core Spreads (Regulated by The Financial Conduct Authority, UK #525164 ):
- Free withdrawal and deposits on various methods including Skrill, credit cards, debit cards and bank transfers
- No inactivity fee
- Transparent pricing
- FCA regulated
- Tight spreads from 0.70 on EUR/USD
Skrill deposit and withdrawal fees
The majority of brokers will not charge any fees for making deposits or withdrawals with Skrill.
Making deposits and withdrawals with Skrill
As with any withdrawal method, the brokers will generally required to verify clients before they allow you to make any withdrawals. These are usually set out by the regulator for example the Financial Conduct Authority in the UK.
Required documents
- Government issued ID/Passport/EU Driving licenses
- Utility bill/bank statement/tax assessment showing your full name and physical address
- KYC form
Once registered payments and withdrawals are simple and take only a few days.
Usual payment/withdrawal processing times
- Payments – Instant
- Withdrawals – 24 hours
Different brokers may have different requirement so it would be best advised to check what your chosen broker requires before you are allowed to make any withdrawals.
Skrill Bonus
Some brokers will even offer a bonus just for depositing using Skrill including: eToro, up to $1,000 eToro credits.
BrokerNotes.co 2024 Overall Rankings
To recap, here are our top forex brokers for 2024, sorted by Overall ranking.
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Methodology
At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.
Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.
Note: The online brokers on our site provide the ability to trade forex in one or more ways, such as non-deliverable spot forex (i.e., rolling spot contracts), contracts for difference (CFD), or other derivatives such as futures. The availability of specific markets or features will depend on your country of residence and the broker's applicable brand or entity that services your account(s).
AI disclaimer
We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. Learn more about our AI Policy and How We Test.
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.
About the Editorial Team
BrokerNotes.co
BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing.