🚀 Get Skrill Fast Silver VIP upgrade and monthly cashback with ewalletbooster.com

Best Forex Brokers Accepting Skrill in the UK for 2024 + Cashback Deals!

Explore the top forex brokers in the UK that accept Skrill. Find out how you can benefit from eWalletBooster's exclusive Skrill offers, including free Silver VIP status, discounted FX fees, and monthly cashback.

Paul McKenna / Skrill

July 10, 2024

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

  1. Does the broker accept Skrill?

  2. Are there fees for deposits/withdrawals via Skrill?

  3. How long has the broker been in business?

  4. Does the broker hold any licenses? Which ones?

  5. Which regulatory bodies oversee the broker?

  6. Which investment options does the broker offer? Do they offer crypto or CFDs?

  7. What’s the minimum and maximum Skrill deposit with this broker?

  8. 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: ⭐⭐⭐⭐

USE SKRILL WITH ETORO (UK)

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:

  1. Log in to your preferred broker’s site.

  2. Click Deposit (may also be labeled as "Fund" or "Upload").

  3. Select your preferred currency and amount.

  4. Select Skrill as your payment method.

  5. Log in to the Secure Skrill Payment Gateway with your credentials.

  6. 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:

  1. Log in to your broker's website.

  2. Navigate to the Withdrawal section.

  3. Enter the amount and currency you wish to withdraw.

  4. Choose Skrill as your withdrawal method.

  5. Log in to Skrill and confirm the transaction.

Funds typically clear within 2-3 business days.

Skrill Forex FAQ

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.

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.