Compare the best brokers to buy stocks with Skrill in 2022

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.
Updated: Sep 9, 2022
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 stock trading accounts. This guide will highlight some of the top Skrill stock brokers, 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 all the best stock trading apps in more detail.

1
Min. Deposit
$ 10
Promotion
User Score
10
Up to $240 bonus!
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Payment Methods:
Bank Transfer, Wire Transfer
Full Regulations:
CySEC, FCA
Investoo Ltd is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc., as applicable. This compensation incentivizes Investoo Ltd to describe those products and services in favorable terms. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.
2
Min. Deposit
$ 100
Promotion
User Score
10
Trade out-of-hours on over 70+ US stocks
Get exposure to a wide range of popular UK, US and international stocks
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal
Full Regulations:
ASIC, FCA, FINMA, is a licensed bank (IG Bank in Switzerland)
Spread bets and 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 spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
3
Min. Deposit
$ 0
Promotion
User Score
9.5
$0 commission and $0 Options contract fees
Upgraded research with advanced charts
Smart Menus for faster trades
Start Trading
Payment Methods:
Full Regulations:

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 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 said, 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?


Sources & references
Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Jonah Keri
Financial Writer
Jonah Keri was a reporter for Invezz, wrote about stocks, cryptocurrencies, and other investments. He also covered emerging technologies for private clients. He is a trader… read more.