Skrill Binary Options Brokers – Top 10 Binary Options

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Skrill Binary Options Brokers

Skrill, formerly known as Moneybookers, is one of the most popular electronic wallets, being used by many sites. The company was founded in 2001 and has its headquarters in London, UK. They have more than 700 employees. Skrill is fast, secure (they use the latest security measures) and the fees are lowever than with Paypal. In fact, it is the most popular payment method after Credit Cards, and the most popular digital payment method in the binary options, forex and online gaming industries.

One of the advantages of Skrill is that they offer a Skrill MasterCard, which is a debit card linked directly to your account. You can use the Skrill e-wallet or the Skrill debit card to deposit and withdraw your binary options trading winnings.

About Skrill The Company

Skrill has more than 36 million customers and 160000 merchants. Do you know Moneybookers? Skrill is the rebranded version of Moneybookers. They have changed their name a few years ago because it’s easier to remember and more catchy. Nothing else changed, this ewallet is still awesome and it’s being used by millions of customers worldwide (except US traders – They have Neteller as alternative)

Best Binary Options Brokers That Accept Skrill Deposits

Is Skrill a Safe Payment Method

Skrill is owned by Investcorp Technology Partners, and has been around for years. I use skrill myself since 2007. Skrill is very safe, because it is licensed by the Financial Services Authority (FSA), which is the financial regulatory in the UK.

The company offers two factor authentification in the form of a token. When logging in you enter your email address, password and you get a unique code from your token every time your turn it one. This make is almost impossible for hackers to hack your account, because the token is a phisical device that you’ll keep in your home.

Why should you use Skrill

It will take some time to setup a skrill account, but once done, you will be able to deposit and withdraw funds on binary options brokers instantly and without any fees. The advantages of Skrill are: speed, security, cost and convenience.

Whenever you want to send or receive money, you simply enter your skrill email and password and that’s it. You no longer have to enter and 16 numbers + expiry date + name + CVV codes, as it is the case with credit cards.

Skrill Binary Options Broker Sites Deposits: Very Low or No Fees At All

First you have to open an account with Skrill and verify it (you will get a verification code via email). Your account will be linked to your email address. Basically your email address will be your Skrill account username and you will have a password. This is the only two information needed to deposit and withdraw money.

Once the account is created, you will have to add your bank account and deposit some money. Alternatively you could receive money from friends or family, in this case you don’t have to deposit.

You can withdraw money from your Skrill account to your bank account anytime. It takes 3-5 days for the money to arrive into your account and the fees are very low. Sending money costs 1%, but not more than $10 and receiving money is free. Uploading money to Skrill is also free.

How to Deposit to a Broker with Skrill

To trade binary options using Skrill,just follow these steps:

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

    1. Pick a broker from the list above and open an account
    2. Log in to your broker account and click on the ‘Deposit’ button.
    3. Select Skrill as payment options and enter the amount you want to deposit.
    4. Enter your skrill username, password and click “deposit” and wait for the success message.

List of Skrill Binary Options Brokers

Since Skrill is the most popular digital wallet in the binary, forex and gaming industry there are many brokers that accept this payment method. Here are a few of them:

24Option: 24Option is the #1 most popular binary options broker. They have a great reputation and a stellar customer support.

BancDeBinary: This broker is a great alternative to 24Option with an unbeatable 91% Payout structure.

Stockpair: Stockpair is one of the very first online binary options brokers. The minimum deposit is only $200 and the payout is 85%.

List of Skrill Binary Brokers that Accept US Traders

There are also some brokers that accept both: Skrill payments and US traders. Take a look at them:

Cherrytrade: Cherrytrade is the #1 US welcome binary options broker. The minimum deposit is only $200 with skrill and other payment methods.

PorterFinance: PorterFinance is a very unique US binary broker that accept Skrill deposits. The minimum deposit is $200.

Skrill vs. Paypal – Which one is better

Skrill is very similar to Paypal – both are digital wallets, where you upload, withdraw or send money and both are safe, secure and fast. Unfortunately most brokers do not accept Paypal anymore, however there are still a few binary options brokers that accept paypal. One difference between the two are the fees, depending on what fee you are looking at, in some cases Paypal has the lower fees, and other times Skrill does.

Advantages of Skrill over Paypal:

  • Skrill is more secure, because it offers two factor authentication for everybody. On Paypal this feature is not available for customers from Eastern European countries and a few other countries.
  • Skrill offers 40 account currencies and Paypal only 25
  • Debit Cards are available for more countries than on Paypal
  • Skrill offers more currencies for the debit card (EUR, USD, GBP, PLN) than Paypal (EUR, USD)

Where Else Can I Use Skrill?

Binary Options Brokers are not the only ones accepting Skrill. There are over 160.000 businesses worldwide that accept it. If you decide to get the Skrill Debit Card, then you can use it anywhere credit cards are accepted.

Skrill Binary Options Brokers

Skrill is one of the established players in the digital wallet industry. Skrill came on the scene in 2001. It is a reputable payment system with widespread acceptance and domination of the online gaming, gambling, forex, and binary options trading industries.

The major plus points of the e-currency are its low transaction fees, provision to file disputes, and ease of making transactions. Skrill also has a branded debit MasterCard that a user can connect to his or her account for effortless on-the-go transactions and withdrawals from ATMs.

Skrill: About the Company

Moneybookers was the previous identity of Skrill. Rebranding to the catchier Skrill started in September 2020. Skrill Limited, a UK-based company with FSA Registration Number 900001, owns and operates the Skrill payment system.

Skrill currently has 700+ employees, offers its services to 36+ million customers, processes payments for 160,000+ merchants, and operates in 200 countries, including the U.S. The U.K. Financial Conduct Authority regulates and supervises the operations of Skrill.

Currently, the Paysafe Group is the parent company that owns Skrill, NETELLER, and Paysafecard (formerly Ukash, a UK-based electronic money system).

Top 3 Best Skrill Binary Options Brokers

24Option

Year Founded: 2008

Minimum Deposit: $250

Minimum Tradable Amount: $25

Payout Rate: 65% to 71%

Number of Assets: 200+ Assets

Banc de Binary

Year Founded: 2009

Minimum Deposit: $250

Minimum Tradable Amount: $1

Payout Rate: 60% to 91%

Number of Assets: 190+ Assets

StockPair

Year Founded: 2020

Minimum Deposit: $250

Minimum Tradable Amount: $20

Payout Rate: 75% to 85%

Number of Assets: 110+ Assets

Best Skrill Binary Options Brokers that Accept U.S. Traders

CTOption

Year Founded: 2020

Minimum Deposit: $250

Minimum Tradable Amount: $5

Payout Rate: Up to 80%

Number of Assets: 100+ Assets

The Ease of Using Skrill

To use Skrill for payments, you only need an email address and a password, both of which you could easily recall offhand. This is easier than having to enter 16 unique numbers, an expiry date, name, and CVV codes as you would with debit/credit cards.

After making withdrawals from your broker, you could use easily transfer your funds from your Skrill account to a credit card or bank account.

Deposits from and withdrawals to your Skrill account are instantaneous.

Skrill: Fees

Skrill has some of the lowest fees in the digital wallet industry. After opening your account, you can actually move money into your Skrill wallet from your Bank Account or using your Maestro card at no extra cost.

When you have funds in your Skrill account, you can then fund your Binary Options Broker easily, paying only 1% of the amount you are sending in fees. Skrill has a cap of $10 or £8.60 as the maximum amount of fees you could pay per transaction.

For example, if you deposit $250 in your newly created 24Option account using Skrill, you would pay a fee of only $2.5. However, if on a later date, you deposit $10,000 in your account, you would only have to pay a $10 fee, instead of $100 (1% of $10,000).

While sending money has a near-negligible fee attached, when you withdraw your earnings from your broker via Skrill, you pay zero fees. Receiving money on Skrill is FREE.

How to Deposit on a Skrill Binary Options Broker

Steps

  1. Choose your preferred Binary Options Broker that accepts Skrill
  2. Create and log in to your account with the Broker
  3. Navigate to the “Deposit” section
  4. Amongst the payment methods available, select Skrill, and input the amount you intend to deposit
  5. In the next page that loads, enter your Skrill username (email), password. Afterwards, click “deposit.” Wait for a success message that signifies your broker account has been successfully credited.

Skrill: Safety

The parent company of Skrill Limited is the Paysafe Group. Paysafe is a digital payments conglomerate that also operates the NETELLER payment system, operates out of the Isle of Man, and regulated in the United Kingdom by the Financial Conduct Authority.

Paysafe is a leading global provider of payment solutions with $613.5m in revenue in 2020 and $487m in revenue in the first half of 2020. Paysafe Group is listed on the London Stock Exchange and the FTSE 250 Index.

Furthermore, Skrill offers high-end security standard—two factor authentication. This authentication increases the security of your account by enabling a physical token to generate unique codes whenever you log in to your Skrill account.

This way, even if a hacker has your email address and password (a scary prospect), he or she would be unable to enter your account still. The hacker would need access to your token, which he or she is unlikely to have since the token would physically be in your possession.

Alternatives To Skrill: Skrill Versus PayPal

The rivalry between Skrill and PayPal is strong. However, they mostly target different markets. PayPal is not very welcoming of merchants in the Binary Options, Forex, and Gaming markets.

However, Skrill is the antithesis, even offering exclusive deals from select merchants in these industries on their website.

In theory, Skrill and PayPal are mostly the same. They are digital wallets. You can upload money to and withdraw money from your account using cards or bank accounts. In addition, you can send money to and receive money from other users of the service.

You only need an email and password. Transactions are fast, secure, and safe.

Nonetheless, Skrill has select advantages over PayPal:

  • Fees for sending and receiving money on Skrill are lower than on PayPal
  • Skrill offers two-factor authentication for every user, regardless of nationality. PayPal offers this feature selectively to its users (users from some Eastern European countries do not have the feature).
  • Skrill supports 40 currencies. PayPal supports only 25 countries
  • Skrill supports more currencies on their branded debit card (USD, EUR, GBP, and PLN). PayPal supports only two currencies (USD and EUR).
  • Debit cards and complete service support is available for more countries on Skrill than on PayPal

7 Binary Options

TOP binary options brokers that support Skrill for deposits and withdrawals:

When choosing a broker, it is possible that you are in doubt. What are the most important characteristics you should consider? Of course, there are some very basic things like reputation, user reviews and possible return on investment. But don’t forget about other important issues such as minimum deposit, minimum trade and, of course, the payment method that you can use.

In this article, we’ll be looking into the method called Skrill and the binary options brokers. What is it? And is it good for binary options trading? Let’s search for these answers together.

What is Skrill?

Skrill is a global payment service that allows various payments and money transfers to be sent through the Internet with a focus on low-cost international money transfers. Previously known as Moneybookers, it has been on the market since 2001. Since then the company experienced massive growth both in terms of its own development and the increase in the number of customers. Nowadays they serve more than 36 million people 200 countries and 40 currencies.

The success of this payment system is down to three main things: convenience, confidence, instant. It is incredibly simple to use Skrill. In fact, it might be the easiest one out there. You just click one button and the money is transferred from your bank account to where you need it go. Same goes for receiving the payments. And yet, despite it being so easy to use, you can be confident that your funds are well protected with the security algorithms Skrill incorporates in the solution. And finally, it is very fast. It takes just a few moments for your money to reach the recipient or for you to receive the money.

Why choose Skrill brokers?

Skrill is licensed and regulated by Financial Conduct Authority (FCA). This means that it complies to all regulations that a European financial service has to follow. Its license allows it to perform financial operations in any European Union (EU) country.

Therefore, by choosing Skrill you assure that your money is well protected and handled by the company that is well-regulated and has an excellent record of being safe and secure in the binary options market as well as on the overall financial market in the EU.

So it is not surprising that binary options broker often choose this payment method over more traditional ones. At the end of the day it’s their traders that their traders and their security and comfort that brokers need to keep in mind when thinking about deposit and withdrawal options they need to offer. Most of the brokers on our Top recommended list are already using it. And knowing how many people among European traders prefer using Skrill over their back cards or other online payment methods, it is obvious that more and more brokers will start choosing it as their financial service as well.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

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