As one of the popular e-currencies, Skrill is widely provided by forex brokers to facilitate deposits and withdrawals. From prestigious brokers to newcomers, Skrill is rarely absent from their payment method lists.

Established in 2001, this e-currency circulated for a long time under the name Moneybookers, before finally being rebranded to Skrill. This online payment method is not only competitive in terms of service, but also credibility that cannot be underestimated.

Apart from having more than 10 years of experience, Skrill is based in the UK and is the first regulated e-currency by the FCA (reference number 900001). Skrill has expanded to more than 200 countries and accepts 40 currencies.

Overall, this e-currency has the following advantages:

• Guaranteed credibility in terms of experience and legality.
• Global-scale service.
• High security using the PCI-DSS Level 1.
• Low transaction fees.

The Skrill deposit and withdrawal option is one component that can be considered a "must have" in every forex broker providing e-currency. This list displays a selection of most popular Skrill forex brokers:

1. FBS

With Skrill, FBS clients can send and receive money to/from bank accounts, mobile wallets, or even email addresses. Even though deposits are subject to a 1.45% fee, deposits via a bank account or debit/credit card are free.

Withdrawals via Skrill to a bank account are charged EUR 5.50, to Visa cards 7.5%, and via SWIFT EUR 5.50. Money transfers and P2P transactions are free, while currency conversions incur a 3.99% fee.

2. Exness

Skrill offers a convenient solution for instant money transfers across multiple platforms and allows commission-free top-ups for Exness trading accounts. Here are the main details about Skrill deposit withdrawal at Exness broker:

• Minimum deposit: USD 10
• Maximum deposit per transaction: USD 100,000
• Minimum withdrawal: USD 10
• Maximum withdrawal per transaction: USD 12,000
• Deposit processing fee: Free
• Withdrawal processing fee: USD 1 (less than USD 20 ), free (more than or equal to USD 20
• Deposit processing time: Instant, maximum up to 30 minutes
• Withdrawal processing time: Instant, maximum up to 1 business day

3. IC Markets

IC Markets Global provides various funding options for users, including Skrill, in various currencies such as AUD, USD, JPY, EUR, SGD, and GBP. Deposits made via Skrill are instant and free.

For withdrawals, requests submitted before 12:00 AEST/AEDT will be processed on the same day, while requests after that time will be processed on the following working day. Skrill withdrawals are free of charge and must be made from the same IC Markets account used to deposit funds.

4. Octa

Making deposits and withdrawals at Octa broker via Skrill guarantees seamless fund transfers without commissions or hidden fees. Apart from that, users can benefit from the bonuses provided by Octa. The following are details of Skrill deposit and withdrawal conditions at this broker:

5. RoboForex

RoboForex provides smooth and cost-effective transactions via Skrill. This broker charges 0% fees for deposits and 1% for withdrawals. Here are the details:

• Deposits are completed within up to 1 day
• Withdrawals are processed within up to 1 day
• Deposit Range: USD 10 - USD 25,000
• Withdrawal Range: USD 1 - USD 100,000

Funds deposited via Skrill to a RoboForex account will be transferred instantly without incurring commission. Additionally, RoboForex offers to compensate commissions that are incurred from Skrill deposits and withdrawals. Traders only need to take a screenshot of their account balance and send it to [email protected].

6. FXTM

FXTM Broker facilitates easy, commission-free deposits and withdrawals with Skrill. Users can fund their accounts in GBP, USD, or EUR with instant processing time. FXTM also offers a Skrill VIP Program that guarantees instant verification, increased deposit and withdrawal limits, as well as a free Skrill Prepaid MasterCard®. For members of the Skrill VIP Program, FXTM coves deposit fees and other additional benefits.

The following are things that Skrill account holders need to pay attention to in FXTM:

• Deposits must be made from your own Skrill eWallet; payment from third parties won't be accepted.
• Skrill's name and email must match with the respective data that you put in MyFXTM.
• If your location is different from the address on your identity card, additional verification may be required.
• There is no minimum deposit per transaction, but there is a maximum limit of EUR 10,000.
• Transactions in unsupported currencies will be converted at the applicable exchange rate.

7. InstaForex

InstaForex provides various payment methods for funding trading accounts. Here are the key details for Skrill transactions in this broker:

8. ThinkMarkets

ThinkMarkets ensures clients can deposit easily via Skrill, offering AUD, EUR, CHF, GBP, and USD currency options, as well as instant processing time. At this broker, deposits and withdrawals from third parties are not allowed. If funds are deposited via Skrill, withdrawals will be processed back to the user with Skrill.

9. FP Markets

Skrill deposits and withdrawals on FP Markets are very easy, offering convenience even for beginners. Payments using Skrill are accepted in currencies such as AUD, CAD, EUR, GBP, INR, USD, and BRL. If you use MT4/5, deposits will be processed instantly. Meanwhile, IRESS users would need to wait for one working day. Nevertheless, all Skrill transactions are not charged any costs.

Withdrawals can be made via the Client Portal and are available in the same currency as the deposit. At FP Markets, withdrawals would be charged 1% plus applicable state fees. The processing time for this transaction is one business day.

10. TMGM

For deposits via Skrill at TMGM, the processing time is instant and the minimum deposit is USD 100. No additional fees are charged. Meanwhile, withdrawing funds via Skrill would take 1 working day and require a minimum amount of USD 100. Fortunately, there are no fees either for this transaction.

In addition to Skrill, you can fund your account easily and safely at TMGM using a variety of payment options. Your funds would be stored safely at Tier 1 Banks.

Important Notes When Choosing a Skrill Forex Broker

From the 10 forex brokers above, you can adjust your choice according to how they provide Skrill deposits and withdrawals.

Such criteria like low fees, instant processing, accepted currencies, and flexible transaction limits can generally be used to choose the most ideal Skrill broker.

However, these aspects only cover the deposit and withdrawal side. To choose the best broker from the whole perspective, you also need to consider other key aspects such as spreads, minimum deposits, account types, and so on. Therefore, the Skrill deposit withdrawal parameters should only be regarded as complements.