How to buy stocks with Skrill stock brokers in 2024

Find a stock broker that accepts Skrill. Learn how to buy stocks using a Skrill broker with our step-by-step guide.
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Updated: Aug 17, 2023
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Trade your favourite markets with our top-rated broker, Plus500.

4.5/5

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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What you’ll learn

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  • How to find a stock broker that accepts Skrill, charges low fees, and keeps your money secure
  • How to buy stocks with Skrill for the first time
  • The pros and cons of buying stocks with Skrill

Where to buy stocks with Skrill

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The best stock broker that accepts Skrill is Plus500 .

Here are three more stock trading platforms where you can buy stocks with Skrill, ranked according to their trading fees, security features, and platform reliability.

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1
Min. Deposit
$ 100
Best offer
User Score
10
Trade +2000 CFDs on Shares, Options, Commodities & more
Unlimited risk-free Demo Account
0 commissions & attractive spreads with up to 1:5 leverage
Start Trading
Payment Methods:
American Express, Apple Pay, Bank Transfer, Credit Card, Debit Card, Discover, Google Pay, Mastercard, PayPal, SEPA, Trustly, Visa, , skrill
Full Regulations:
ASIC, FCA, FSA, MAS, cysec-250-14-regulator, isa-regulator

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2
Min. Deposit
$ 500
Best offer
User Score
9.0
We offer one of the best execution speeds in the industry with low latency
Award-winning support in 14 languages
Trade with precision from 0.5 pips on EURUSD
Start Trading
Payment Methods:
Bank Transfer, Bank Wire, Credit Card, Debit Card, PayPal, Sofort, neteller, skrill
Full Regulations:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

How to fund your Skrill broker account

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It takes 10-15 minutes to set up a trading account with a broker that accepts Skrill. Follow this guide to learn how to invest with Skrill.

Step 1. Sign up with Plus500

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Plus500 is the best stock broker that accepts Skrill as a payment method.

To set up a trading account you must enter some personal details, like your name, street address, and email, and provide a valid photo ID for verification.

1
Min. Deposit
$ 100
Best offer
User Score
10
Trade +2000 CFDs on Shares, Options, Commodities & more
Unlimited risk-free Demo Account
0 commissions & attractive spreads with up to 1:5 leverage
Start Trading
Payment Methods:
American Express, Apple Pay, Bank Transfer, Credit Card, Debit Card, Discover, Google Pay, Mastercard, PayPal, SEPA, Trustly, Visa, , skrill
Full Regulations:
ASIC, FCA, FSA, MAS, cysec-250-14-regulator, isa-regulator

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Step 2. Go to the deposits or payments page on your trading app

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You will find this in the main menu or site navigation tab. It may be labelled ‘bank’ or ‘account’, each Skrill brokerage is different.

Step 3. Choose Skrill from the list of options

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Choose your payment method from the drop down menu. There may be a lot of options, so scroll down until you find Skrill.

Step 4. Enter the amount of money you want to deposit and confirm

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Decide how much you want to deposit and type that amount into the box. Bear in mind that there may be a fee for Skrill deposits. 

Double check the details and then make the deposit. You may have to confirm the transaction with Skrill before it goes through.

Step 5. Search for your favourite stock and place an order

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Each stock trades under a unique ticker symbol. For example, Apple stock trades as ‘AAPL’. Search for the stock you want to buy using its ticker and place your first trade.

Find broker & start trading

Quick answers to key questions

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What is a Skrill stock broker?

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A trading platform where you can buy and sell stocks and which accepts Skrill as a means of funding your trading account. 

Stock trading apps that accept Skrill act as middlemen to complete stock trades, often charging a small fee for carrying out your orders.

Can you buy stocks with Skrill?

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Yes, by using Skrill to fund a trading account with a stock broker. 

To be clear, you can’t buy stocks on Skrill. However, you can use it to make a deposit on a trading platform. All these recommended trading platforms accept Skrill deposits. 

How much does it cost to fund a trading account with Skrill?

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It’s free. Many trading platforms offer free deposits for all popular payment methods.  

However, you may have to pay a flat fee when you withdraw money to Skrill.

Is it safe to buy stocks with Skrill?

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Yes, it is safe, as long as you use a regulated broker. We only recommend regulated stock brokers that accept Skrill, which are forced by law to keep your money secure and abide by various financial disclosure and transparency requirements.

If you aren’t sure about a platform, search for its company registration number with your local regulator. This way, you can find out if the Skrill brokerage is regulated by a reliable financial authority or not.

Do I need to provide ID when I buy shares using Skrill?

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Yes, if you’re using a regulated broker. Online stock brokers follow KYC (Know Your Customer) guidelines, so you will have to provide a form of valid photo ID when you set up a trading account.

Valid ID includes your passport or driving licence, so always have at least one of those to hand when you create an account. 

Pros and cons of buying stocks with Skrill

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When deciding if you should invest with Skrill, consider these benefits and drawbacks:

Pros

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  • Fast. You can usually purchase shares in a matter of minutes. So if you already have a Skrill account, you can start trading stocks online almost immediately.
  • Easy to use. Once you’ve linked your Skrill wallet to your broker account, the process of getting stocks becomes simple and straightforward.

Cons

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What to look for when investing with Skrill brokers

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Once you’ve found a few brokers that accept Skrill as a payment method, you want to look for the one that provides superior service. Here are some important qualities to look for when making your choice:

  • Low transaction fees. Most brokers won’t charge much per trade – but a difference of a few pounds between one broker and another can add up over time, especially if you’re making frequent trades. Look for the stockbroker that charges the lowest transaction fees for trading stocks online.
  • Great customer service. The platform you choose should offer fast, helpful, highly responsive customer service in case something goes wrong.
  • Speed. Look for a trading platform that will execute your stock purchases quickly and efficiently. Ideally, you should be able to execute your trades instantly to take advantage of market fluctuations. 
  • Ease of use. It’s already tough enough to start trading stocks when you’re a beginner, so the best brokers make funding your account with Skrill a simple process. This means you can spend more time making decisions about which stocks you want to trade.
  • A strong reputation. Strong user reviews and a solid track record can reassure you that the broker you’ve chosen is reliable. Ideally, you want to trade with a regulated broker that’s been around for a few years.
Find broker & sign up

FAQs

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Does eToro accept Skrill?
What is Skrill?
What are stocks?
What’s the difference between stocks and shares?
What other payment methods can I use when buying stocks?
How do I pick stocks?
What stocks can I buy with Skrill?
Are there limits to how many stocks I can buy with Skrill?
How can I keep up with the stock market?
What’s the best way for a beginner to learn about online trading?
What’s the biggest factor to watch out for when trading stocks?
How much should I venture on online trading as a beginner investor?
What’s another tip that beginner investors should follow?
Can I bet on a stock to go down in price too?
Will a Skrill stock broker let me trade with leverage?
OK, I’m ready to choose a broker



Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.