Compare the best brokers to buy stocks with Skrill

Finding a broker that allows you to buy shares with Skrill makes investing your money quick and easy. Find out the best trading platforms to use, and what to consider when making trades.
By: Jonah Keri
Jonah Keri
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He… read more.
Updated: Aug 2, 2021
Tip: our preferred broker is, eToro: visit & create account

If you’re just starting out in the world of online stocks, using money in your Skrill can be a fast and convenient way for you to fund your trading account. This guide will highlight some of the top Skrill stockbrokers, the different qualities offered by each platform, and how to choose between them.

Here are the best stock brokers that accept Skrill

When searching for the best brokers that have Skrill as a payment method, consider factors such as transaction fees, security, and ease of use. Use the links in the table below to pick one and get started, or you can use our guide to compare the best brokers in more detail.

1
Min. Deposit
$50
Exclusive promotion
user-score
10
Trade/invest in stocks with just $50
Invest for dividends and get payout on stocks on Ex-Dividend day
Over 11 payment methods, including PayPal
Start Trading
Description:
eToro is a multi-asset investment platform with more than 2000 assets, including FX, stocks, ETF’s, indices and commodities. eToro users can connect with, learn from, and copy or get copied by other users. Buying stocks on eToro is free and you can invest with as little as $50.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. Your capital is at risk.
2
Min. Deposit
$1
Exclusive promotion
user-score
9.3
0 Commissions and no deposit minimums
Registered with and regulated by SEC and FINRA
Loss of cash protection
Start Trading
Description:
Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.
Payment Methods
Full regulations list:

What is a Skrill stock broker?

A stockbroker is a service that allows you to trade stocks online. Skrill is an e-wallet platform that enables its users to make payments and money transfers online for a variety of goods and services. So, Skrill stockbrokers are brokers that let you pay for your trades using Skrill.

Pros and cons

When deciding if you should use Skrill to fund your trades, consider these benefits and drawbacks:

Pros

  • 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

What are the fees involved when trading online using Skrill?

Most online stock brokers charge just a few pounds per transaction or a small percentage of your trade amount, regardless of the payment method you use. That includes when paying with Skrill. Our broker reviews detail the exact fees charged by each platform.

What to look for when investing with Skrill brokers

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.

Is it safe to buy stock with Skrill?

Yes, it is generally safe. Still, different stockbrokers have different levels of security, so it’s important to compare your options. You’ll find a rundown of the most secure options right here on this page, and our in-depth reviews can help you research each platform in more detail.

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

Yes, you will likely need to provide some form of ID. Online stock brokers follow KYC (Know Your Customer) guidelines, so they will likely ask for identification when you sign up. You may be asked to provide personal information such as your email address, and possibly even a copy of your photo ID card.

How to fund your online broker account with Skrill

Each stock broker will have slightly different procedures for making trades. That siad, most Skrill brokers require just a few simple steps to fund your online brokerage account, and generally the process goes like this:

  1. Find the payments or deposits page on your stock broker’s website or app.
  2. Select Skrill as your preferred payment option.
  3. Enter your Skrill account information.
  4. Enter the amount of money you wish to deposit into your stock trading account.
  5. Click confirm.

FAQs

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?


Fact-checking & references

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Jonah Keri
Financial Writer
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He now writes about stocks, cryptocurrencies, and other… read more.